Company Valuation: WT Microelectronics Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 58,631 53,984 99,821 122,806 153,827 271,270 - -
Change - -7.93% 84.91% 23.03% 25.26% 76.35% - -
Enterprise Value (EV) 1 58,631 105,777 109,890 181,857 174,939 321,873 330,371 219,267
Change - 80.41% 3.89% 65.49% -3.8% 83.99% 2.64% -33.63%
P/E 7.54x 7.1x 26.5x 13.7x 11.9x 7.83x 6.84x 5.23x
PBR - 1x 1.4x 1.19x 1.47x 1.94x 1.67x 1.55x
PEG - -0.6x -0.5x 0.2x 0.3x 0x 0.5x 0.2x
Capitalization / Revenue - 0.09x 0.17x 0.13x 0.13x 0.11x 0.09x 0.07x
EV / Revenue - 0.19x 0.18x 0.19x 0.15x 0.14x 0.11x 0.06x
EV / EBITDA - 8.66x 12.6x 10.9x 7.73x 6.26x 5.56x 2.9x
EV / EBIT - 8.98x 13.4x 11.9x 8.38x 6.6x 5.66x 2.97x
EV / FCF - -16.7x 2.69x 4.31x 11x 15.6x 29.5x 9.68x
FCF Yield - -6% 37.1% 23.2% 9.11% 6.42% 3.39% 10.3%
Dividend per Share 2 - - 4.24 - 15.3 13.53 18.7 20.48
Rate of return - - 3.77% - 11.2% 6.34% 8.76% 9.59%
EPS 2 9.75 8.61 4.24 8.05 11.5 27.26 31.22 40.81
Distribution rate - - 100% - 133% 49.6% 59.9% 50.2%
Net sales 1 - 571,197 594,519 959,432 1,177,949 2,370,198 3,043,834 3,841,858
EBITDA 1 - 12,221 8,756 16,671 22,637 51,446 59,382 75,735
EBIT 1 - 11,783 8,200 15,264 20,882 48,744 58,346 73,799
Net income 1 7,923 7,631 4,012 9,112 13,544 36,365 41,015 55,700
Net Debt 1 - 51,793 10,068 59,051 21,112 50,603 59,101 -52,003
Reference price 2 73.50 61.10 112.50 110.00 137.00 213.50 213.50 213.50
Nbr of stocks (in thousands) 797,707 883,530 887,302 1,116,417 1,122,825 1,270,587 - -
Announcement Date 24/02/22 23/02/23 31/01/24 25/02/25 03/03/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.83x0.14x6.26x6.34% 8.52B
23.43x13.34x20.12x0.32% 5,649B
23.23x11.42x15.48x1.08% 2,035B
38.4x16.23x23.84x0.73% 1,695B
14.63x8.98x10.8x0.05% 1,214B
110.59x20.07x76.37x-.--% 1,035B
5.22x3.39x4.09x0.19% 996B
-51.7x10.3x28.67x-.--% 627B
243.9x53.58x109.14x-.--% 328B
Average 46.17x 15.27x 32.75x 0.97% 1,510B
Weighted average by Cap. 31.64x 13.63x 24.70x 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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