Company Valuation: ChipMOS TECHNOLOGIES INC.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 35,344 24,363 30,726 22,799 32,789 67,128 - -
Change - -31.07% 26.12% -25.8% 43.82% 104.73% - -
Enterprise Value (EV) 1 39,194 28,207 31,078 18,034 32,789 71,993 75,146 75,189
Change - -28.03% 10.18% -41.97% 81.82% 119.56% 4.38% 0.06%
P/E 6.98x 7.22x 16.3x 16.1x 67.4x 20.6x 14.4x 12.1x
PBR 1.45x 0.98x 1.24x 0.92x 1.4x 2.47x 2.26x 2.06x
PEG - -0.2x -0.4x -0.6x -1.1x 0x 0.3x 0.6x
Capitalization / Revenue 1.29x 1.04x 1.44x 1x 1.37x 2.22x 1.9x 1.65x
EV / Revenue 1.43x 1.2x 1.46x 0.79x 1.37x 2.38x 2.13x 1.84x
EV / EBITDA 3.84x 3.54x 4.65x 2.94x - 8.28x 6.89x 6.15x
EV / EBIT 7.05x 8.77x 16.2x 14.2x 28.7x 20.1x 13.9x 11.7x
EV / FCF 25.1x 7.06x 8.59x 19.3x - -30.4x 22.8x -
FCF Yield 3.98% 14.2% 11.6% 5.18% - -3.29% 4.39% -
Dividend per Share 2 2.2 2.3 1.8 1.2 - 2.193 3.524 3.25
Rate of return 4.53% 6.87% 4.26% 3.83% - 2.29% 3.67% 3.39%
EPS 2 6.96 4.64 2.6 1.95 0.7 4.649 6.637 7.947
Distribution rate 31.6% 49.6% 69.2% 61.5% - 47.2% 53.1% 40.9%
Net sales 1 27,400 23,517 21,356 22,696 23,933 30,296 35,267 40,772
EBITDA 1 10,197 7,969 6,686 6,130 - 8,691 10,902 12,218
EBIT 1 5,562 3,217 1,915 1,274 1,143 3,582 5,395 6,451
Net income 1 5,059 3,372 1,893 1,420 495.1 3,280 4,697 5,563
Net Debt 1 3,850 3,844 352.5 -4,765 - 4,864 8,018 8,060
Reference price 2 48.60 33.50 42.25 31.35 47.15 95.90 95.90 95.90
Nbr of stocks (in thousands) 727,240 727,240 727,240 727,240 695,418 699,983 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/25/25 2/24/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.9x11.83x27.01x0.66% 605B
24.05x7.94x19.08x0.55% 287B
28.62x8.66x25.13x0.52% 299B
27.06x10.62x21.98x0.66% 190B
34.7x12.97x25.23x0.27% 149B
27.42x6.18x18.84x1.77% 137B
34.11x3.76x17.09x1.54% 88.23B
52.06x7.73x41.15x0.17% 58.48B
34.81x9.22x26.01x0.17% 48.29B
Average 32.97x 8.77x 24.61x 0.7% 207.05B
Weighted average by Cap. 31.03x 9.70x 24.18x 0.68%

Y-o-Y evolution of P/E

Valuation ratios - P/E - ChipMOS TECHNOLOGIES INC.

Historical PBR trend

Valuation ratios - PBR - ChipMOS TECHNOLOGIES INC.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - ChipMOS TECHNOLOGIES INC.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - ChipMOS TECHNOLOGIES INC.


Year-on-year evolution of the Yield

Valuation ratios - Yield - ChipMOS TECHNOLOGIES INC.
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