Company Valuation: Compal Electronics, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 105,443 100,432 173,632 164,046 132,457 160,125 - -
Change - -4.75% 72.89% -5.52% -19.26% 20.89% - -
Enterprise Value (EV) 1 176,295 126,736 186,797 169,537 128,055 161,734 174,543 192,453
Change - -28.11% 47.39% -9.24% -24.47% 26.3% 7.92% 10.26%
P/E 8.34x 13.9x 22.8x 16.4x 22.2x 18.2x 15.2x 13.1x
PBR 0.95x 0.86x 1.47x 1.17x 1x 1.28x 1.17x 1.08x
PEG - -0.3x 4.21x 0.5x -0.5x 0.4x 0.8x 0.8x
Capitalization / Revenue 0.09x 0.09x 0.18x 0.18x 0.17x 0.18x 0.16x 0.15x
EV / Revenue 0.14x 0.12x 0.2x 0.19x 0.17x 0.18x 0.17x 0.18x
EV / EBITDA 8.71x 7.56x 9.38x 7.47x 7.2x 8x 7.82x 7.87x
EV / EBIT 13.2x 13.7x 15.5x 11.4x 12x 12.2x 11.2x 10.7x
EV / FCF -4.96x 2.49x 8.3x 9.34x 5.92x -6.28x 16.5x -
FCF Yield -20.2% 40.2% 12% 10.7% 16.9% -15.9% 6.07% -
Dividend per Share 2 2 1 1.2 1.4 1.1 1.248 1.545 1.746
Rate of return 8.26% 4.34% 3.01% 3.72% 3.62% 3.4% 4.2% 4.75%
EPS 2 2.9 1.66 1.75 2.3 1.37 2.02 2.418 2.806
Distribution rate 69% 60.2% 68.6% 60.9% 80.3% 61.8% 63.9% 62.2%
Net sales 1 1,235,682 1,073,246 946,715 910,253 757,513 905,403 1,012,582 1,085,510
EBITDA 1 20,252 16,763 19,922 22,710 17,782 20,214 22,334 24,454
EBIT 1 13,349 9,219 12,048 14,842 10,636 13,213 15,531 17,906
Net income 1 12,633 7,288 7,668 10,042 6,030 8,890 10,429 12,383
Net Debt 1 70,852 26,304 13,165 5,491 -4,402 1,610 14,418 32,328
Reference price 2 24.20 23.05 39.85 37.65 30.40 36.75 36.75 36.75
Nbr of stocks (in thousands) 4,357,130 4,357,130 4,357,130 4,357,130 4,357,130 4,357,130 - -
Announcement Date 3/16/22 3/16/23 3/1/24 2/27/25 3/10/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.2x0.18x8x3.4% 4.95B
14.17x0.41x11.85x5.06% 40B
21.46x0.33x13.08x3.76% 6.98B
18.9x0.26x11.11x4.65% 2.8B
12.88x1.39x7.32x6.09% 2.19B
-26.76x1.31x33.72x - 81.44M
Average 9.81x 0.65x 14.18x 4.59% 9.5B
Weighted average by Cap. 15.54x 0.41x 11.49x 4.77%

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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