Company Valuation: Macroblock, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 4,489 8,089 4,445 4,911 3,031 2,596
Change - 80.2% -45.05% 10.5% -38.28% -14.37%
Enterprise Value (EV) 1 3,561 6,747 3,461 3,760 1,936 1,412
Change - 89.48% -48.7% 8.63% -48.52% -27.08%
P/E 63.1x 14.4x 15.6x -395x 244x -31.7x
PBR 1.97x 2.94x 1.65x 1.98x 1.25x 1.15x
PEG - 0x -0.3x 4x -1x 0x
Capitalization / Revenue 2.36x 2.55x 1.75x 2.65x 1.69x 1.79x
EV / Revenue 1.87x 2.13x 1.37x 2.03x 1.08x 0.97x
EV / EBITDA 39.3x 9.92x 9.02x 42.3x 27.5x -35.4x
EV / EBIT 159x 11.5x 12.6x -95.4x -36.3x -11x
EV / FCF -60.3x 18.8x -49.1x 9.71x -407x 7.53x
FCF Yield -1.66% 5.33% -2.04% 10.3% -0.25% 13.3%
Dividend per Share 2 2 8 4 2 2 1
Rate of return 1.98% 4.4% 4% 1.81% 2.93% 1.71%
EPS 2 1.6 12.63 6.4 -0.28 0.28 -1.841
Distribution rate 125% 63.3% 62.5% -714% 714% -54.3%
Net sales 1 1,901 3,175 2,534 1,856 1,793 1,449
EBITDA 1 90.55 680 383.5 88.88 70.51 -39.83
EBIT 1 22.38 586.4 273.6 -39.41 -53.32 -128.1
Net income 1 67.99 564.1 286.3 -12.35 12.65 -81.84
Net Debt 1 -927.8 -1,342 -983.4 -1,151 -1,095 -1,184
Reference price 2 101.00 182.00 100.00 110.50 68.20 58.40
Nbr of stocks (in thousands) 44,445 44,445 44,445 44,445 44,445 44,445
Announcement Date 3/18/21 3/24/22 3/15/23 3/14/24 3/12/25 3/16/26
1TWD in Million2TWD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 81.1M
55.71x8.81x44.74x1.43% 183B
72.79x10.77x20.67x-.--% 115B
71.85x - - 0.14% 72.33B
50.53x10.32x38.36x0.92% 55.4B
9888.89x93.81x2977.99x - 52.57B
56.97x7.85x31.35x0.73% 44.83B
41.26x9.44x30.66x0.49% 38.84B
28.84x7.8x21.8x1.18% 38.28B
48.39x8.01x32.79x0.9% 36.6B
Average 1,146.14x 19.60x 399.80x 0.72% 63.66B
Weighted average by Cap. 869.37x 17.12x 308.13x 0.78%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Macroblock, Inc.