Company Valuation: Acen Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 421,474 302,342 173,787 158,710 108,668 104,673 - -
Change - -28.27% -42.52% -8.68% -31.53% -3.68% - -
Enterprise Value (EV) 1 438,794 331,476 221,726 281,562 267,244 282,657 302,576 308,405
Change - -24.46% -33.11% 26.99% -5.09% 5.77% 7.05% 1.93%
P/E 61.1x 23.1x 24.3x 21.1x 54.4x 12.6x 11.4x 11.4x
PBR 4.79x 2.02x 1.21x 1.08x 0.71x 0.69x 0.65x 0.63x
PEG - 0.3x -0.5x 3.8x -0.7x 0x 1.1x 130.76x
Capitalization / Revenue 16.2x 8.58x 4.76x 4.25x 3.39x 2.7x 2.42x 2x
EV / Revenue 16.8x 9.41x 6.07x 7.55x 8.35x 7.29x 7x 5.91x
EV / EBITDA 115x -496x -197x 50.7x 98.3x 27.9x 21.6x 17.8x
EV / EBIT 240x -116x -82.1x 95.2x -241x 52.9x 35.8x 28.1x
EV / FCF -183x -18x -9.8x -13.4x -15.7x -10x -28.3x -806x
FCF Yield -0.55% -5.56% -10.2% -7.45% -6.36% -10% -3.54% -0.12%
Dividend per Share 2 0.06 - 0.04 0.05 - 0.05 0.0697 0.0722
Rate of return 0.55% - 0.91% 1.25% - 1.91% 2.66% 2.76%
EPS 2 0.18 0.33 0.18 0.19 0.05 0.2079 0.2294 0.2296
Distribution rate 33.3% - 22.2% 26.3% - 24% 30.4% 31.5%
Net sales 1 26,081 35,239 36,499 37,300 32,022 38,751 43,237 52,224
EBITDA 1 3,832 -668.1 -1,128 5,551 2,719 10,123 14,024 17,288
EBIT 1 1,826 -2,847 -2,702 2,959 -1,108 5,348 8,451 10,957
Net income 1 5,251 13,055 7,396 9,360 3,775 8,309 9,120 9,131
Net Debt 1 17,320 29,135 47,939 122,852 158,577 177,984 197,903 203,732
Reference price 2 11.000 7.620 4.380 4.000 2.720 2.620 2.620 2.620
Nbr of stocks (in thousands) 38,315,838 39,677,395 39,677,395 39,677,395 39,951,435 39,951,435 - -
Announcement Date 3/9/22 3/8/23 3/12/24 3/25/25 3/9/26 - - -
1PHP in Million2PHP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.86x6.95x18.77x-.--% 39.4B
13.97x2.74x10.23x2.98% 32.44B
16.21x5.08x10.07x3.46% 18.28B
15.6x5.03x10.67x-.--% 14.54B
8.18x2.89x7.82x5.01% 12.98B
11.41x1.53x8.35x4.42% 8.11B
4.21x0.63x3.11x3.05% 7.85B
48.08x4.12x9.72x4.48% 6.89B
Average 18.44x 3.62x 9.84x 2.93% 17.56B
Weighted average by Cap. 19.33x 4.36x 11.90x 2.25%

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