Company Valuation: Lotus Pharmaceutical Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 19,628 25,569 64,462 71,935 71,524 75,081 75,081 -
Change - 30.27% 152.11% 11.59% -0.57% 4.97% 0% -
Enterprise Value (EV) 1 23,614 29,450 71,231 80,194 78,882 77,603 83,941 83,051
Change - 24.72% 141.87% 12.58% -1.64% -1.62% 8.17% -1.06%
P/E ratio 19x 17.8x 21.2x 17.3x 13.9x 16x 10.4x 8.5x
PBR 2.24x 2.31x 4.62x 4.1x 3.33x 3.34x 2.49x 2.18x
PEG - 0.6x 0x 0.5x 0.6x -2.07x 0.2x 0.4x
Capitalization / Revenue 1.83x 2.02x 4.41x 4.24x 3.85x 3.82x 2.36x 1.99x
EV / Revenue 2.2x 2.33x 4.87x 4.73x 4.24x 3.94x 2.64x 2.2x
EV / EBITDA 10.2x 9.64x 14.1x 13.1x 10.8x 10.6x 6.83x 5.98x
EV / EBIT 14.6x 12.8x 17.3x 16.4x 13.1x 13.1x 8.45x 6.72x
EV / FCF 15.4x -65x 22.7x 66.6x 13.6x 13.3x 30x 11x
FCF Yield 6.5% -1.54% 4.41% 1.5% 7.35% 7.51% 3.33% 9.06%
Dividend per Share 2 - 1.93 3.46 4.66 5.73 5.4 7.57 8.78
Rate of return - 1.98% 1.41% 1.71% 2.13% 1.89% 2.65% 3.08%
EPS 2 4.22 5.47 11.59 15.72 19.35 17.86 27.34 33.57
Distribution rate - 35.3% 29.9% 29.6% 29.6% 30.2% 27.7% 26.2%
Net sales 1 10,729 12,649 14,633 16,958 18,584 19,680 31,842 37,716
EBITDA 1 2,322 3,054 5,048 6,114 7,303 7,324 12,290 13,878
EBIT 1 1,613 2,295 4,111 4,903 6,020 5,908 9,936 12,361
Net income 1 1,030 1,403 3,021 4,106 5,066 4,697 7,221 8,850
Net Debt 1 3,986 3,881 6,769 8,259 7,358 2,522 8,860 7,970
Reference price 2 80.00 97.50 246.00 272.00 269.50 285.50 285.50 285.50
Nbr of stocks (in thousands) 245,354 262,246 262,041 264,468 265,394 262,980 262,980 -
Announcement Date 3/26/21 3/16/22 3/14/23 3/15/24 3/7/25 - - -
1TWD in Million2TWD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.38x4.04x10.85x1.85% 2.43B
46.47x15.39x34.15x0.55% 952B
19.66x5.52x15.38x2.53% 492B
74.58x7.29x17.31x2.97% 389B
19.48x4.96x12.35x2.9% 363B
28.79x5.41x16.04x1.69% 296B
14.2x4.62x9.95x2.93% 274B
19.94x5.27x12.38x2.87% 273B
16.55x5.85x12.09x3.05% 264B
25.78x6.06x10.38x2.93% 176B
Average 28.18x 6.44x 15.09x 2.43% 348.15B
Weighted average by Cap. 33.55x 8.31x 19.30x 2.12%
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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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