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 94,171 189,419 179,733 153,903 250,406 - -
Change - 5.21% 101.14% -5.11% -14.37% 62.7% - -
Enterprise Value (EV) 1 118,464 113,417 207,872 223,170 188,123 306,281 319,791 250,406
Change - -4.26% 83.28% 7.36% -15.7% 62.81% 4.41% -21.7%
P/E 13.8x 15.4x 31.1x 24.7x 17.7x 23.8x 20.5x 18.3x
PBR 1.57x 1.58x 3.12x 2.52x 2.02x 3.42x 3.32x 2.7x
PEG - -2.53x - 1.3x 0.9x 1.1x 1.3x 1.5x
Capitalization / Revenue 0.17x 0.17x 0.37x 0.28x 0.22x 0.3x 0.26x 0.25x
EV / Revenue 0.23x 0.21x 0.4x 0.35x 0.27x 0.36x 0.34x 0.25x
EV / EBITDA 14.8x 11.9x 18.9x 14.1x 10.9x 14.2x 12.9x 9x
EV / EBIT 25.1x 17x 27.9x 18.9x 14.8x 19x 17x 11.8x
EV / FCF -7.72x 6.57x 31.3x -17.7x 38.2x -17.5x 1,189x -
FCF Yield -12.9% 15.2% 3.2% -5.65% 2.62% -5.73% 0.08% -
Dividend per Share 2 1.4 1.5 1.5 1.7 2 2.369 2.876 2.615
Rate of return 5.61% 5.71% 2.84% 3.39% 4.66% 3.39% 4.12% 3.75%
EPS 2 1.81 1.7 1.7 2.03 2.42 2.936 3.407 3.81
Distribution rate 77.3% 88.2% 88.2% 83.7% 82.6% 80.7% 84.4% 68.6%
Net sales 1 519,732 541,751 514,746 646,262 691,190 847,992 953,886 1,012,430
EBITDA 1 7,987 9,570 10,975 15,825 17,216 21,546 24,813 27,827
EBIT 1 4,725 6,669 7,463 11,817 12,713 16,148 18,761 21,198
Net income 1 6,538 6,129 6,131 7,267 8,696 10,531 12,220 13,669
Net Debt 1 28,957 19,246 18,453 43,438 34,220 55,875 69,385 -
Reference price 2 24.95 26.25 52.80 50.10 42.90 69.80 69.80 69.80
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.77x0.36x14.22x3.39% 7.8B
15.8x0.45x13.03x4.55% 44.86B
34.66x5.36x27.49x2.18% 14.61B
18.12x0.18x7.97x3.41% 4.97B
21.52x0.27x11.66x4.34% 3.04B
12.71x1.36x7.2x6.17% 2.18B
Average 21.10x 1.33x 13.60x 4.01% 12.91B
Weighted average by Cap. 20.45x 1.37x 15.33x 3.95%

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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