Company Valuation: MPI Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,601 20,495 87,258 213,595 631,000 - -
Change - 93.33% 325.75% 144.79% 195.42% - -
Enterprise Value (EV) 1 10,601 19,427 84,868 210,845 626,909 622,360 612,167
Change - 83.26% 336.86% 148.44% 197.33% -0.73% -1.64%
P/E 8.83x 15.6x 37.9x 67.2x 92.2x 50.5x 26.3x
PBR - 2.69x 9.38x 15.1x 37.2x 22.1x 13.3x
PEG - 1.68x 0.5x 1.8x 1x 0.6x 0.3x
Capitalization / Revenue - 2.52x 8.58x 16x 28.6x 15.9x 9.62x
EV / Revenue - 2.38x 8.34x 15.8x 28.4x 15.7x 9.33x
EV / EBITDA - 9.68x 27.9x 46.2x 68.3x 38.1x 21.1x
EV / EBIT - 13.2x 34.2x 55.9x 78.3x 40.5x 21.6x
EV / FCF - 26.5x 45.2x -114x 1,363x 92.6x 30.8x
FCF Yield - 3.78% 2.21% -0.87% 0.07% 1.08% 3.25%
Dividend per Share 2 - 7.5 16 - 42.35 64.74 106.3
Rate of return - 3.45% 1.73% - 0.66% 1.01% 1.65%
EPS 2 12.74 13.92 24.42 33.49 69.84 127.4 244.8
Distribution rate - 53.9% 65.5% - 60.6% 50.8% 43.4%
Net sales 1 - 8,147 10,172 13,371 22,074 39,647 65,613
EBITDA 1 - 2,008 3,039 4,566 9,172 16,330 28,987
EBIT 1 - 1,471 2,483 3,775 8,011 15,380 28,287
Net income 1 1,214 1,312 2,301 3,177 6,843 12,799 23,668
Net Debt 1 - -1,068 -2,390 -2,750 -4,091 -8,640 -18,833
Reference price 2 112.50 217.50 926.00 2,250.00 6,440.00 6,440.00 6,440.00
Nbr of stocks (in thousands) 94,231 94,231 94,231 94,931 97,981 - -
Announcement Date 3/10/23 3/29/24 3/12/25 3/11/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
100.47x29.22x71.54x0.53% 19.81B
71.48x20.52x58.96x0.99% 2.88B
38.79x - - - 1.8B
25.25x4.92x15.57x2.98% 1.56B
20.55x - - - 1.16B
Average 51.31x 18.22x 48.69x 1.5% 5.44B
Weighted average by Cap. 85.59x 26.62x 66.44x 0.75%

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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  4. Valuation MPI Corporation