Company Valuation: Kim Forest Enterprise Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,495 1,059 1,402 1,697 1,287 1,073
Change - -29.18% 32.47% 21.03% -24.16% -16.65%
Enterprise Value (EV) 1 1,457 981.2 1,404 1,721 1,434 1,333
Change - -32.66% 43.1% 22.6% -16.71% -7.02%
P/E -49.5x 12x 32.8x -16.6x -7.91x -7.34x
PBR 3.32x 1.95x 2.41x 3.13x 2.29x 2.19x
PEG - -0x -0.6x 0x -0.2x 0.4x
Capitalization / Revenue 4.94x 1.76x 2.09x 4.09x 2.57x 1.95x
EV / Revenue 4.81x 1.63x 2.09x 4.15x 2.86x 2.43x
EV / EBITDA -64.8x 7.58x 16.6x -18.7x -11.5x -13.8x
EV / EBIT -42.1x 8.69x 25x -13.7x -8.7x -9.36x
EV / FCF 408x 14.8x -30.9x -231x -6x -162x
FCF Yield 0.25% 6.76% -3.24% -0.43% -16.7% -0.62%
Dividend per Share 2 - 0.1605 0.0834 - - -
Rate of return - 0.73% 0.29% - - -
EPS 2 -0.6251 1.823 0.8844 -2.117 -3.02 -2.413
Distribution rate - 8.81% 9.43% - - -
Net sales 1 302.9 600.7 670.6 415 501.5 549.1
EBITDA 1 -22.5 129.4 84.62 -91.96 -124.6 -96.6
EBIT 1 -34.58 112.9 56.26 -125.8 -164.8 -142.5
Net income 1 -26.15 89.44 43.06 -102.5 -159.9 -146.4
Net Debt 1 -37.69 -77.45 1.671 24.02 146.5 260.1
Reference price 2 30.95 21.92 29.04 35.14 23.90 17.70
Nbr of stocks (in thousands) 48,300 48,300 48,300 48,300 53,864 60,624
Announcement Date 3/24/21 4/29/22 4/11/23 3/14/24 3/10/25 3/6/26
1TWD in Million2TWD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 25.22M
-24.65x - - - 611M
Average -24.65x 317.98M
Weighted average by Cap. -24.65x

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  3. 6645 Stock
  4. Valuation Kim Forest Enterprise Co., Ltd.