Company Valuation: Hana Microelectronics

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 71,232 41,451 47,146 21,869 14,431 46,039 - -
Change - -41.81% 13.74% -53.62% -34.01% 219.02% - -
Enterprise Value (EV) 1 65,233 37,817 39,557 12,016 2,576 40,048 40,094 38,596
Change - -42.03% 4.6% -69.62% -78.57% 1,454.94% 0.12% -3.74%
P/E 46.1x 19.7x 24.9x -34.3x 21.4x 44.4x 29.4x 23.7x
PBR 3.09x 1.74x 1.62x 0.81x 0.55x 1.71x 1.66x 1.59x
PEG - 0.5x -1.4x 0x -0x 0.8x 0.6x 1x
Capitalization / Revenue 3x 1.53x 1.8x 0.88x 0.7x 2.09x 1.83x 1.68x
EV / Revenue 2.74x 1.39x 1.51x 0.48x 0.13x 1.82x 1.59x 1.41x
EV / EBITDA 20.6x 9.26x 11.2x 4.11x 1.65x 15.9x 12.6x 10.7x
EV / EBIT 35x 15.4x 21.6x 23.9x 78x 57x 31.7x 22.9x
EV / FCF -32.1x -32.9x 66.3x 3.16x 0.81x -69.1x 29.7x 25.8x
FCF Yield -3.11% -3.04% 1.51% 31.7% 123% -1.45% 3.37% 3.87%
Dividend per Share 2 2 1 1 0.75 1 0.7661 1.075 1.222
Rate of return 2.26% 1.94% 1.88% 3.04% 6.13% 1.47% 2.07% 2.35%
EPS 2 1.92 2.61 2.14 -0.72 0.76 1.171 1.772 2.191
Distribution rate 104% 38.3% 46.7% -104% 132% 65.4% 60.7% 55.8%
Net sales 1 23,780 27,167 26,152 24,801 20,563 21,991 25,163 27,461
EBITDA 1 3,165 4,085 3,531 2,921 1,559 2,522 3,179 3,600
EBIT 1 1,864 2,455 1,829 503 33.02 702.5 1,263 1,686
Net income 1 1,545 2,102 1,761 -633.7 670.4 1,061 1,571 1,902
Net Debt 1 -5,999 -3,634 -7,589 -9,852 -11,856 -5,991 -5,945 -7,443
Reference price 2 88.50 51.50 53.25 24.70 16.30 52.00 52.00 52.00
Nbr of stocks (in thousands) 804,879 804,879 885,367 885,367 885,367 885,367 - -
Announcement Date 25/02/22 27/02/23 27/02/24 27/02/25 28/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.12x13.16x19.84x0.33% 5,575B
23.32x11.47x15.54x1.08% 2,037B
37.15x15.71x23.08x0.76% 1,640B
14.94x9.18x11.04x0.05% 1,239B
107.42x19.49x74.15x-.--% 1,005B
5.2x3.37x4.07x0.19% 980B
-51.99x10.36x28.83x-.--% 631B
231.88x50.9x103.69x-.--% 312B
Average 48.88x 16.70x 35.03x 0.3% 1,677B
Weighted average by Cap. 30.45x 13.35x 24.06x 0.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  3. HANA Stock
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  5. Valuation Hana Microelectronics