Company Valuation: Yageo Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 235,875 188,191 250,238 278,103 475,028 1,268,798 - -
Change - -20.22% 32.97% 11.14% 70.81% 167.1% - -
Enterprise Value (EV) 1 276,677 231,851 315,202 358,196 541,838 1,321,365 1,281,246 1,251,010
Change - -16.2% 35.95% 13.64% 51.27% 143.87% -3.04% -2.36%
P/E 10.6x 10.4x 14.3x 14.2x 20.1x 31.8x 19.9x 13.5x
PBR 2.97x 1.55x 1.83x 1.71x 2.78x 6.37x 4.87x 4.09x
PEG - -0.4x -4.38x 1.58x 1x 0.5x 0.3x 0.3x
Capitalization / Revenue 2.21x 1.55x 2.33x 2.29x 3.57x 7x 5.22x 4.12x
EV / Revenue 2.6x 1.91x 2.93x 2.94x 4.08x 7.29x 5.27x 4.06x
EV / EBITDA 7.92x 6.32x 11x 11x 13.7x 22.3x 14x 9.4x
EV / EBIT 9.52x 8x 15.4x 15.3x 18.2x 26.8x 15.8x 10.5x
EV / FCF 19.6x 11.3x 21.6x 14.6x 21.8x 44.4x 23.8x 15.3x
FCF Yield 5.11% 8.87% 4.63% 6.84% 4.58% 2.25% 4.19% 6.55%
Dividend per Share 2 2.629 2.092 4.185 5 6 8.091 12.78 18.83
Rate of return 2.09% 2.22% 3.35% 3.7% 2.6% 1.31% 2.07% 3.05%
EPS 2 11.91 9.041 8.746 9.532 11.51 19.38 31.06 45.68
Distribution rate 22.1% 23.1% 47.8% 52.5% 52.1% 41.7% 41.2% 41.2%
Net sales 1 106,539 121,087 107,609 121,667 132,930 181,265 242,919 307,846
EBITDA 1 34,950 36,676 28,760 32,609 39,635 59,267 91,223 133,098
EBIT 1 29,074 28,988 20,472 23,386 29,801 49,393 81,222 119,646
Net income 1 22,903 22,730 17,469 19,356 23,634 39,942 63,166 89,786
Net Debt 1 40,802 43,660 64,964 80,093 66,811 52,568 12,448 -17,788
Reference price 2 126.05 94.36 124.91 135.25 231.00 617.00 617.00 617.00
Nbr of stocks (in thousands) 1,871,260 1,994,301 2,003,308 2,056,215 2,056,398 2,056,398 - -
Announcement Date 17/03/22 29/03/23 29/02/24 25/03/25 26/02/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.06x6.15x18.4x0.61% 207B
15.1x0.33x7.47x3.37% 115B
37.92x6.11x19.81x0.95% 83.64B
25.26x9.91x21.09x0.48% 82.58B
62.2x6.54x30.59x0.23% 66.21B
19.68x1.14x12.71x0.57% 63.74B
79.97x9.47x40.19x0.02% 63.61B
19.53x3.31x12.58x1.36% 62.04B
64.34x20.2x52.12x0.48% 36.91B
Average 39.67x 7.02x 23.89x 0.9% 86.72B
Weighted average by Cap. 35.72x 6.02x 20.70x 1.01%

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