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 1,188,598 - -
Change - -20.22% 32.97% 11.14% 70.81% 150.22% - -
Enterprise Value (EV) 1 276,677 231,851 315,202 358,196 541,838 1,241,166 1,201,046 1,170,810
Change - -16.2% 35.95% 13.64% 51.27% 129.07% -3.23% -2.52%
P/E 10.6x 10.4x 14.3x 14.2x 20.1x 29.7x 18.7x 12.8x
PBR 2.97x 1.55x 1.83x 1.71x 2.78x 5.97x 4.56x 3.83x
PEG - -0.4x -4.38x 1.58x 1x 0.4x 0.3x 0.3x
Capitalization / Revenue 2.21x 1.55x 2.33x 2.29x 3.57x 6.56x 4.89x 3.86x
EV / Revenue 2.6x 1.91x 2.93x 2.94x 4.08x 6.85x 4.94x 3.8x
EV / EBITDA 7.92x 6.32x 11x 11x 13.7x 20.9x 13.2x 8.8x
EV / EBIT 9.52x 8x 15.4x 15.3x 18.2x 25.1x 14.8x 9.79x
EV / FCF 19.6x 11.3x 21.6x 14.6x 21.8x 41.7x 24.1x 14.3x
FCF Yield 5.11% 8.87% 4.63% 6.84% 4.58% 2.4% 4.15% 7%
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% 1.4% 2.21% 3.26%
EPS 2 11.91 9.041 8.746 9.532 11.51 19.48 30.96 45.12
Distribution rate 22.1% 23.1% 47.8% 52.5% 52.1% 41.5% 41.3% 41.7%
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 40,193 62,859 87,324
Net Debt 1 40,802 43,660 64,964 80,093 66,811 52,568 12,448 -17,788
Reference price 2 126.05 94.36 124.91 135.25 231.00 578.00 578.00 578.00
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.($)
33.96x6.31x18.87x0.59% 212B
26.82x10.54x22.44x0.46% 87.63B
40.65x6.57x21.31x0.89% 90.44B
80.72x9.56x40.55x0.01% 64.21B
19.71x1.13x12.7x0.57% 63.62B
19.87x3.37x12.79x1.34% 63.12B
66.55x6.96x32.71x0.22% 70.22B
30.88x2.03x22.01x-.--% 41.71B
36.12x1.06x13.12x0.09% 35.48B
Average 39.48x 5.28x 21.83x 0.46% 80.98B
Weighted average by Cap. 38.66x 5.99x 21.68x 0.53%

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