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 99,821 122,806 153,827 276,040 - -
Change - -7.93% 84.91% 23.03% 25.26% 79.45% - -
Enterprise Value (EV) 1 58,631 105,777 109,890 181,857 174,939 319,779 335,141 224,037
Change - 80.41% 3.89% 65.49% -3.8% 82.8% 4.8% -33.15%
P/E 7.54x 7.1x 26.5x 13.7x 11.9x 7.94x 7.1x -
PBR - 1x 1.4x 1.19x 1.47x 1.91x 1.7x 1.58x
PEG - -0.6x -0.5x 0.2x 0.3x 0x 0.6x -
Capitalization / Revenue - 0.09x 0.17x 0.13x 0.13x 0.12x 0.09x 0.07x
EV / Revenue - 0.19x 0.18x 0.19x 0.15x 0.14x 0.11x 0.05x
EV / EBITDA - 8.66x 12.6x 10.9x 7.73x 6.06x 5.82x 3.08x
EV / EBIT - 8.98x 13.4x 11.9x 8.38x 6.31x 5.85x 3.14x
EV / FCF - -16.7x 2.69x 4.31x 11x 17.8x 21.4x -
FCF Yield - -6% 37.1% 23.2% 9.11% 5.61% 4.67% -
Dividend per Share 2 - - 4.24 - 15.3 13.03 19.13 20.72
Rate of return - - 3.77% - 11.2% 5.99% 8.79% 9.52%
EPS 2 9.75 8.61 4.24 8.05 11.5 27.4 30.65 -
Distribution rate - - 100% - 133% 47.6% 62.4% -
Net sales 1 - 571,197 594,519 959,432 1,177,949 2,304,634 3,089,099 4,147,018
EBITDA 1 - 12,221 8,756 16,671 22,637 52,740 57,593 72,695
EBIT 1 - 11,783 8,200 15,264 20,882 50,715 57,274 71,463
Net income 1 7,923 7,631 4,012 9,112 13,544 36,123 39,834 -
Net Debt 1 - 51,793 10,068 59,051 21,112 43,739 59,101 -52,003
Reference price 2 73.50 61.10 112.50 110.00 137.00 217.50 217.50 217.50
Nbr of stocks (in thousands) 797,707 883,530 887,302 1,116,417 1,122,825 1,269,150 - -
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.($)
7.94x0.14x6.06x5.99% 8.56B
27.47x3.31x17.83x0.53% 16.84B
10.5x - - -.--% 10.71B
9.4x0.25x9.52x7.63% 6.38B
15.5x - - 2.72% 4.12B
Average 14.16x 1.23x 11.14x 3.37% 9.32B
Weighted average by Cap. 16.45x 1.84x 12.99x 2.58%

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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