Company Valuation: Hana Microelectronics

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 71,232 41,451 47,146 21,869 14,431 44,268 - -
Change - -41.81% 13.74% -53.62% -34.01% 206.75% - -
Enterprise Value (EV) 1 65,233 37,817 39,557 12,016 2,576 38,277 38,324 36,826
Change - -42.03% 4.6% -69.62% -78.57% 1,386.19% 0.12% -3.91%
P/E 46.1x 19.7x 24.9x -34.3x 21.4x 42.6x 28.7x 22.8x
PBR 3.09x 1.74x 1.62x 0.81x 0.55x 1.65x 1.6x 1.53x
PEG - 0.5x -1.4x 0x -0x 0.8x 0.6x 0.9x
Capitalization / Revenue 3x 1.53x 1.8x 0.88x 0.7x 2x 1.78x 1.61x
EV / Revenue 2.74x 1.39x 1.51x 0.48x 0.13x 1.73x 1.54x 1.34x
EV / EBITDA 20.6x 9.26x 11.2x 4.11x 1.65x 15.2x 12.1x 10.2x
EV / EBIT 35x 15.4x 21.6x 23.9x 78x 54.5x 31.1x 21.8x
EV / FCF -32.1x -32.9x 66.3x 3.16x 0.81x -66.1x 31.4x 26.9x
FCF Yield -3.11% -3.04% 1.51% 31.7% 123% -1.51% 3.19% 3.72%
Dividend per Share 2 2 1 1 0.75 1 0.7619 1.056 1.22
Rate of return 2.26% 1.94% 1.88% 3.04% 6.13% 1.52% 2.11% 2.44%
EPS 2 1.92 2.61 2.14 -0.72 0.76 1.175 1.742 2.191
Distribution rate 104% 38.3% 46.7% -104% 132% 64.8% 60.6% 55.7%
Net sales 1 23,780 27,167 26,152 24,801 20,563 22,098 24,905 27,461
EBITDA 1 3,165 4,085 3,531 2,921 1,559 2,522 3,179 3,600
EBIT 1 1,864 2,455 1,829 503 33.02 702.5 1,231 1,686
Net income 1 1,545 2,102 1,761 -633.7 670.4 1,066 1,545 1,902
Net Debt 1 -5,999 -3,634 -7,589 -9,852 -11,856 -5,991 -5,945 -7,443
Reference price 2 88.50 51.50 53.25 24.70 16.30 50.00 50.00 50.00
Nbr of stocks (in thousands) 804,879 804,879 885,367 885,367 885,367 885,367 - -
Announcement Date 2/25/22 2/27/23 2/27/24 2/27/25 2/28/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.96x12.43x18.83x0.35% 5,268B
22.44x11.01x14.92x1.12% 1,976B
39.27x16.54x24.3x0.72% 1,728B
13.4x8.16x9.85x0.05% 1,101B
5.19x3.3x3.99x0.2% 985B
90.29x16.33x62.01x-.--% 843B
-44.6x8.94x24.89x-.--% 541B
210.78x46.03x93.72x-.--% 283B
Average 44.84x 15.34x 31.56x 0.31% 1,591B
Weighted average by Cap. 28.24x 12.55x 21.82x 0.44%

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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  5. Valuation Hana Microelectronics
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