Company Valuation: Forcelead Technology Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025
Market Cap 1 10,799 9,809 6,295
Change - -9.17% -35.83%
Enterprise Value (EV) 1 9,890 7,913 4,661
Change - -20% -41.1%
P/E 24.6x 15.3x 12.5x
PBR 6.45x 3.62x 2.31x
PEG -0.8x 0.5x -0.6x
Capitalization / Revenue 4.07x 3.3x 2.34x
EV / Revenue 3.72x 2.66x 1.73x
EV / EBITDA 18x 11.4x 8.12x
EV / EBIT 20x 12.3x 8.95x
EV / FCF - - -
FCF Yield - - -
Dividend per Share 2 10.32 12.65 10
Rate of return 3.63% 5.41% 6.67%
EPS 2 11.54 15.27 12.02
Distribution rate 89.4% 82.8% 83.2%
Net sales 1 2,657 2,969 2,690
EBITDA 1 549.2 696.3 573.9
EBIT 1 494.9 643.4 521
Net income 1 436.9 588.6 506
Net Debt 1 -908.6 -1,896 -1,634
Reference price 2 284.00 234.00 150.00
Nbr of stocks (in thousands) 38,024 41,919 41,965
Announcement Date 3/22/24 3/13/25 3/17/26
1TWD in Million2TWD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 237M
58x9.3x46.79x1.4% 201B
53.45x9.12x16.2x-.--% 101B
47.43x10.12x35.23x1.16% 62.12B
54.92x9.66x34.8x0.87% 57.5B
41.35x - - 0.19% 53B
9373.61x70.84x2248.64x - 40.13B
44.5x7.68x30.52x0.87% 36.69B
33.05x7.83x25.68x0.66% 34.81B
27.72x7.25x21.95x1.54% 34.42B
Average 1,081.56x 16.47x 307.48x 0.84% 62.12B
Weighted average by Cap. 652.67x 13.42x 190.58x 0.9%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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