Company Valuation: Radiant Opto-Electronics Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 53,013 46,968 48,828 61,849 91,378 58,221 58,221 -
Change - -11.4% 3.96% 26.67% 47.74% -36.29% 0% -
Enterprise Value (EV) 1 33,376 34,503 20,795 32,815 62,804 26,779 27,394 16,695
Change - 3.38% -39.73% 57.8% 91.39% -57.36% 2.3% -39.06%
P/E ratio 10.3x 9.17x 7.41x 11.7x 12.6x 11.9x 12.2x 14.4x
PBR 1.81x 1.53x 1.44x 1.8x 2.42x 1.66x 1.55x 1.5x
PEG - -14.51x 0.3x -0.6x 0.3x -0.4x -5.22x -0.9x
Capitalization / Revenue 0.95x 0.83x 0.83x 1.4x 1.77x 1.18x 1.2x 1.3x
EV / Revenue 0.6x 0.61x 0.35x 0.74x 1.22x 0.54x 0.56x 0.37x
EV / EBITDA 3.76x 4.18x 2.34x 5.06x 8.31x 3.79x 3.79x 2.72x
EV / EBIT 4.17x 4.56x 2.53x 5.74x 9.35x 4.32x 4.85x 3.57x
EV / FCF 7.2x 4.53x 2x 6.28x 12x 4.88x 24.8x 12.5x
FCF Yield 13.9% 22.1% 50.1% 15.9% 8.3% 20.5% 4.03% 8%
Dividend per Share 2 8 8 - 10 10.5 7.92 7.91 6.74
Rate of return 7.02% 7.92% - 7.52% 5.34% 6.26% 6.25% 5.33%
EPS 2 11.08 11.01 14.17 11.35 15.63 10.64 10.39 8.77
Distribution rate 72.2% 72.7% - 88.1% 67.2% 74.4% 76.1% 76.9%
Net sales 1 56,093 56,924 58,701 44,089 51,633 49,237 48,501 44,648
EBITDA 1 8,886 8,262 8,901 6,483 7,559 7,064 7,219 6,144
EBIT 1 7,996 7,563 8,226 5,722 6,719 6,192 5,648 4,674
Net income 1 5,228 5,190 6,727 5,276 7,267 4,640 4,693 2,918
Net Debt 1 -19,637 -12,465 -28,033 -29,034 -28,574 -31,442 -30,827 -41,525
Reference price 2 114.00 101.00 105.00 133.00 196.50 126.50 126.50 126.50
Nbr of stocks (in thousands) 465,027 465,027 465,027 465,027 465,027 460,241 460,241 -
Announcement Date 24/02/21 24/02/22 23/02/23 29/02/24 27/02/25 - - -
1TWD in Million2TWD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.89x0.54x3.79x6.26% 1.85B
32.58x10.9x20.84x0.9% 90.62B
35.77x5.24x21.58x-.--% 30.34B
35.84x4.98x15.02x1.4% 28.61B
22.12x1.7x8.65x1.41% 27.97B
34.59x1.63x13.57x1.89% 23.53B
45.44x5.68x30.68x1.51% 23.17B
23.59x0.89x10.95x-.--% 23.02B
-107.46x3.39x14.41x3.03% 20.23B
37.34x5.77x23.02x0.69% 19.25B
Average 17.17x 4.07x 16.25x 1.71% 28.86B
Weighted average by Cap. 23.07x 5.92x 18.15x 1.13%

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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