Company Valuation: UniTest Incorporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 602,868 213,495 272,256 178,725 276,120 200,278 - -
Change - -64.59% 27.52% -34.35% 54.49% -27.47% - -
Enterprise Value (EV) 1 568.4 190.5 272.3 178.7 276.1 186.7 151.1 141.6
Change - -66.48% 42.91% -34.35% 54.49% -32.39% -19.07% -6.29%
P/E -101x -40.1x 40.3x -6.76x -13.3x 8.54x 4.52x 3.97x
PBR 4.15x 1.56x - - - 1.76x 1.31x 1.02x
PEG - 3.6x -0x 0x 0.6x -0x 0.1x 0.3x
Capitalization / Revenue 5.26x 1.72x 1.62x - - 0.91x 0.52x 0.46x
EV / Revenue 4.96x 1.54x 1.62x - - 0.84x 0.39x 0.33x
EV / EBITDA -105x -141x 23.4x - - 6.39x 2.14x 1.79x
EV / EBIT -62.8x -31.8x 38.1x - - 7.88x 2.34x 1.96x
EV / FCF -26.4x -8.43x - - - 6.89x 6.87x 11.1x
FCF Yield -3.78% -11.9% - - - 14.5% 14.6% 9.04%
Dividend per Share 3 - - - - - 150 250 400
Rate of return - - - - - 1.52% 2.54% 4.06%
EPS 3 -295 -262 332 -1,301 -1,022 1,153 2,179 2,480
Distribution rate - - - - - 13% 11.5% 16.1%
Net sales 1 114.6 123.8 167.8 - - 221.2 387 433.9
EBITDA 1 -5.4 -1.35 11.63 - - 29.2 70.7 79.3
EBIT 1 -9.05 -5.992 7.143 - - 23.7 64.7 72.1
Net income 1 -5.988 -6.905 6.75 -26.46 -20.79 24.4 46 52.4
Net Debt 1 -34.47 -22.98 - - - -13.6 -49.2 -58.7
Reference price 3 29,650.00 10,500.00 13,390.00 8,790.00 13,580.00 9,850.00 9,850.00 9,850.00
Nbr of stocks (in thousands) 20,333 20,333 20,333 20,333 20,333 20,333 - -
Announcement Date 09/02/22 13/02/23 15/03/24 20/03/25 19/03/26 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.54x0.84x6.39x - 145M
34.14x13.43x27.84x0.52% 240B
39.27x14.47x28.48x0.25% 163B
42.39x11.26x31.73x0.14% 58.74B
49.37x19.86x39.3x1.01% 36.19B
88.68x24.87x76.28x0.14% 26.3B
60.95x3.32x16.15x0.13% 14.42B
93.5x40.55x94x0.27% 12.31B
25.79x7.2x14.48x2.12% 9.35B
65.49x3.32x17.87x0.27% 8.62B
Average 50.81x 13.91x 35.25x 0.54% 57B
Weighted average by Cap. 42.24x 14.51x 32.15x 0.42%

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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