Company Valuation: Inventec Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 89,508 94,171 189,419 179,733 153,903 217,042 - -
Change - 5.21% 101.14% -5.11% -14.37% 41.03% - -
Enterprise Value (EV) 1 118,464 113,417 207,872 223,170 188,123 270,394 275,886 280,206
Change - -4.26% 83.28% 7.36% -15.7% 43.73% 2.03% 1.57%
P/E 13.8x 15.4x 31.1x 24.7x 17.7x 16.7x 14x 12.3x
PBR 1.57x 1.58x 3.12x 2.52x 2.02x 2.9x 2.6x 2.52x
PEG - -2.53x - 1.3x 0.9x 0.3x 0.7x 0.9x
Capitalization / Revenue 0.17x 0.17x 0.37x 0.28x 0.22x 0.22x 0.19x 0.17x
EV / Revenue 0.23x 0.21x 0.4x 0.35x 0.27x 0.27x 0.24x 0.22x
EV / EBITDA 14.8x 11.9x 18.9x 14.1x 10.9x 11.8x 9.4x 8.49x
EV / EBIT 25.1x 17x 27.9x 18.9x 14.8x 15.4x 11.8x 10.7x
EV / FCF -7.72x 6.57x 31.3x -17.7x 38.2x -5.91x -42.3x -53.2x
FCF Yield -12.9% 15.2% 3.2% -5.65% 2.62% -16.9% -2.36% -1.88%
Dividend per Share 2 1.4 1.5 1.5 1.7 2 2.618 3.304 3.509
Rate of return 5.61% 5.71% 2.84% 3.39% 4.66% 4.24% 5.36% 5.69%
EPS 2 1.81 1.7 1.7 2.03 2.42 3.694 4.412 5.03
Distribution rate 77.3% 88.2% 88.2% 83.7% 82.6% 70.9% 74.9% 69.8%
Net sales 1 519,732 541,751 514,746 646,262 691,190 993,404 1,172,507 1,287,087
EBITDA 1 7,987 9,570 10,975 15,825 17,216 22,985 29,346 33,003
EBIT 1 4,725 6,669 7,463 11,817 12,713 17,597 23,333 26,089
Net income 1 6,538 6,129 6,131 7,267 8,696 13,239 15,816 18,043
Net Debt 1 28,957 19,246 18,453 43,438 34,220 53,351 58,844 63,164
Reference price 2 24.95 26.25 52.80 50.10 42.90 61.70 61.70 61.70
Nbr of stocks (in thousands) 3,587,475 3,587,475 3,587,475 3,587,475 3,587,475 3,587,475 - -
Announcement Date 3/15/22 3/14/23 3/12/24 3/11/25 3/10/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.7x0.28x11.95x4.24% 6.96B
12.58x0.37x10.83x5.71% 40.3B
34.24x5.51x26.94x2.06% 18.29B
17.54x0.19x9.17x3.56% 5.19B
17.35x0.33x9.93x4.2% 2.97B
12.74x1.39x7.25x6.22% 2.29B
Average 18.52x 1.35x 12.68x 4.33% 12.67B
Weighted average by Cap. 18.70x 1.62x 14.55x 4.51%

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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