Company Valuation: ASROCK Incorporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 34,604 17,323 31,262 28,533 30,640 30,330 -
Change - -49.94% 80.46% -8.73% 7.38% -1.01% -
Enterprise Value (EV) 1 31,204 14,021 28,215 25,314 24,535 21,213 23,890
Change - -55.07% 101.24% -10.28% -3.07% -13.54% 12.62%
P/E Ratio 14.4x 16.4x 34.1x 22x 16.3x 12.1x 9.93x
PBR 4.18x 2.11x 3.85x 3.08x 2.57x 2.33x 2.12x
PEG - -0.3x -2.7x 0.6x 0.4x 0.4x 0.4x
Capitalization / Revenue 1.75x 1.01x 1.65x 1.11x 0.64x 0.49x 0.38x
EV / Revenue 1.58x 0.82x 1.49x 0.99x 0.51x 0.35x 0.3x
EV / EBITDA 9.91x 10.6x 21.1x 13.6x 8.32x 4.19x 4.43x
EV / EBIT 10.2x 11.8x 24.6x 15.1x 8.94x 4.37x 4.42x
EV / FCF 31.9x 13.3x 10.8x -92.1x 21.9x 5.04x 3.58x
FCF Yield 3.13% 7.51% 9.29% -1.09% 4.57% 19.9% 27.9%
Dividend per Share 2 13 - 6.9 5.3 11 12.15 16.08
Rate of return 4.62% - 2.68% 2.29% 4.44% 4.95% 6.55%
EPS 2 19.53 8.65 7.54 10.54 15.18 20.25 24.74
Distribution rate 66.6% - 91.5% 50.3% 72.5% 60% 65%
Net sales 1 19,763 17,121 18,992 25,654 47,839 61,417 79,909
EBITDA 1 3,150 1,320 1,338 1,867 2,949 5,064 5,394
EBIT 1 3,058 1,185 1,147 1,672 2,745 4,854 5,402
Net income 1 2,381 1,066 919 1,289 1,888 2,502 3,056
Net Debt 1 -3,399 -3,302 -3,046 -3,220 -6,104 -9,117 -6,440
Reference price 2 281.50 142.00 257.00 231.50 248.00 245.50 245.50
Nbr of stocks (in thousands) 122,925 121,993 121,641 123,254 123,548 123,545 -
Announcement Date 2/23/22 3/9/23 3/6/24 3/13/25 2/26/26 - -
1TWD in Million2TWD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.35x0.35x4.3x4.86% 977M
14.18x0.69x10.15x3.63% 28.5B
13.97x0.57x9.68x-.--% 19.7B
23.71x0.45x18.15x0.44% 12.56B
27.16x - - - 67.26M
Average 18.27x 0.52x 10.57x 2.23% 12.36B
Weighted average by Cap. 16.03x 0.60x 11.54x 1.84%

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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