Company Valuation: 104 Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 5,261 5,891 6,804 7,036 7,319 7,451
Change - 11.99% 15.49% 3.41% 4.01% 1.81%
Enterprise Value (EV) 1 3,102 3,438 4,048 4,284 4,371 4,722
Change - 10.85% 17.72% 5.84% 2.02% 8.03%
P/E 20.5x 16x 15.4x 15.7x 15.7x 15.4x
PBR 3.6x 3.75x 4.12x 4.24x 4.34x 4.35x
PEG - 0.4x 0.8x 11.61x 3.92x 3.93x
Capitalization / Revenue 3.22x 3.18x 3.12x 3.02x 2.93x 2.79x
EV / Revenue 1.9x 1.86x 1.86x 1.84x 1.75x 1.77x
EV / EBITDA 9.52x 8.01x 7.54x 7.73x 7.37x 8.11x
EV / EBIT 10.8x 8.7x 8.06x 8.32x 8x 8.87x
EV / FCF 10.1x 7.33x 6.7x 9.18x 8.19x 7.58x
FCF Yield 9.89% 13.6% 14.9% 10.9% 12.2% 13.2%
Dividend per Share 2 7.8 11.16 13.42 13.61 14.14 14.7
Rate of return 4.92% 6.29% 6.55% 6.42% 6.41% 6.55%
EPS 2 7.75 11.08 13.31 13.49 14.03 14.58
Distribution rate 101% 101% 101% 101% 101% 101%
Net sales 1 1,634 1,851 2,179 2,329 2,499 2,674
EBITDA 1 325.9 429.1 536.6 554 593 582.3
EBIT 1 287.3 395.1 502.5 515 546.6 532.1
Net income 1 258.7 370.4 445.3 451.6 469.4 488
Net Debt 1 -2,159 -2,453 -2,756 -2,752 -2,948 -2,729
Reference price 2 158.50 177.50 205.00 212.00 220.50 224.50
Nbr of stocks (in thousands) 33,190 33,191 33,191 33,191 33,191 33,191
Announcement Date 2/26/21 2/24/22 3/1/23 2/27/24 2/26/25 2/26/26
1TWD in Million2TWD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 221M
28.49x4.99x19.4x0.17% 142B
11x3.56x7.77x1.52% 7.43B
25.34x4.64x10.51x4% 3.5B
20.81x2.78x10.58x-.--% 2.34B
24.32x1.51x8.47x5.31% 617M
33.3x1.74x12.99x0.75% 484M
9.1x0.7x4.57x5.24% 383M
8.69x0.68x5.09x-.--% 333M
Average 20.13x 2.58x 9.92x 2.12% 17.44B
Weighted average by Cap. 27.39x 4.84x 18.39x 0.35%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


  1. Stock Market
  2. Stocks
  3. 3130 Stock
  4. Valuation 104 Corporation
40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!