Company Valuation: Chailease Holding Company Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 421,704 343,492 311,612 206,549 180,555 194,640 - -
Change - -18.55% -9.28% -33.72% -12.58% 7.8% - -
Enterprise Value (EV) 1 834,702 842,620 946,348 854,040 820,528 882,286 942,749 194,640
Change - 0.95% 12.31% -9.75% -3.92% 7.53% 6.85% -79.35%
P/E 17.8x 12.8x 12.7x 8.49x 9.39x 9.33x 8.54x 8.11x
PBR 3.49x 2.43x 1.91x 1.1x 0.99x 1.07x 0.98x 0.94x
PEG - 0.6x -1.43x -0.8x -0.7x 1.1x 0.92x 1.52x
Capitalization / Revenue 5.84x 3.97x 3.2x 2.02x 1.85x 1.95x 1.88x -
EV / Revenue 11.6x 9.73x 9.7x 8.35x 8.41x 8.84x 9.1x -
EV / EBITDA 21.5x 19.4x 23.4x 22x 22.3x 18.9x 20.6x -
EV / EBIT 24.9x 22.8x 28.7x 28.6x 30.1x 29x 28.9x -
EV / FCF 26.6x 56x -55.6x 44.6x 41.8x -662x -41.6x -
FCF Yield 3.76% 1.79% -1.8% 2.24% 2.39% -0.15% -2.4% -
Dividend per Share 2 5.279 5.913 6.125 - 5.686 5.559 6.062 6.839
Rate of return 2.28% 2.95% 3.37% - 5.5% 4.99% 5.44% 6.13%
EPS 2 13.02 15.67 14.28 12.79 11.02 11.95 13.06 13.76
Distribution rate 40.5% 37.7% 42.9% - 51.6% 46.5% 46.4% 49.7%
Net sales 1 72,160 86,608 97,526 102,292 97,567 99,832 103,622 -
EBITDA 1 38,804 43,466 40,486 38,780 36,715 46,684 45,744 -
EBIT 1 33,485 36,971 32,931 29,910 27,219 30,419 32,588 -
Net income 1 21,644 27,222 25,034 22,586 19,810 21,118 23,273 24,014
Net Debt 1 412,998 499,128 634,736 647,491 639,973 687,646 748,109 -
Reference price 2 231.84 200.47 181.87 108.61 103.43 111.50 111.50 111.50
Nbr of stocks (in thousands) 1,818,934 1,713,397 1,713,397 1,901,710 1,745,650 1,745,650 - -
Announcement Date 2/24/22 2/24/23 2/27/24 2/25/25 3/10/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.33x8.84x18.9x4.99% 6.08B
155.5x - - -.--% 35.7B
1669.67x - - -.--% 17.91B
6.32x - - 4.69% 12.98B
12.27x4.37x14.83x3.77% 12.62B
12.69x - - 3.88% 11.97B
5.2x - - 6.1% 9.23B
19.55x15x - 1.21% 8B
15.96x - - 2.53% 7.95B
Average 211.83x 9.40x 16.86x 3.02% 13.6B
Weighted average by Cap. 295.93x 8.57x 16.15x 2.22%

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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