Company Valuation: Nan Ya Plastics Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 677,292 563,088 527,400 237,132 477,435 1,415,652 - -
Change - -16.86% -6.34% -55.04% 101.34% 196.51% - -
Enterprise Value (EV) 1 742,865 648,015 637,557 336,621 564,344 1,529,377 1,512,825 1,469,126
Change - -12.77% -1.61% -47.2% 67.65% 171% -1.08% -2.89%
P/E 8.33x 17.5x 83.1x 61x 106x 14.6x 12x 9.2x
PBR 1.64x 1.5x 1.46x 0.68x 1.34x 3.49x 3.39x 3.16x
PEG - -0.3x -1x -1.6x 6.5x 0x 0.6x 0.3x
Capitalization / Revenue 1.65x 1.59x 2.03x 0.91x 1.84x 4.36x 3.77x 2.48x
EV / Revenue 1.8x 1.82x 2.45x 1.3x 2.17x 4.71x 4.03x 2.58x
EV / EBITDA 7.37x 12.3x 25.1x 14.5x 21.5x 30.9x 16.5x 11.5x
EV / EBIT 9.17x 20.2x 321x 752x 152x 38x 29.2x 14.3x
EV / FCF 14.9x 14.7x 54.4x 54.8x -211x 19.6x 12.9x 8.7x
FCF Yield 6.69% 6.8% 1.84% 1.83% -0.47% 5.1% 7.73% 11.5%
Dividend per Share 2 7.5 - - - 0.8 4.33 7.608 15.52
Rate of return 8.78% - - - 1.33% 2.43% 4.26% 8.69%
EPS 2 10.25 4.05 0.8 0.49 0.57 12.26 14.92 19.4
Distribution rate 73.2% - - - 140% 35.3% 51% 80%
Net sales 1 411,666 355,183 259,755 259,608 259,912 324,527 375,031 570,192
EBITDA 1 100,784 52,583 25,428 23,149 26,221 49,461 91,956 127,199
EBIT 1 80,998 32,030 1,984 447.5 3,704 40,248 51,876 102,818
Net income 1 81,294 32,109 6,310 3,340 4,519 95,132 108,418 153,847
Net Debt 1 65,572 84,927 110,157 99,490 86,908 113,725 97,174 53,474
Reference price 2 85.40 71.00 66.50 29.90 60.20 178.50 178.50 178.50
Nbr of stocks (in thousands) 7,930,822 7,930,822 7,930,822 7,930,822 7,930,822 7,930,822 - -
Announcement Date 1/10/22 3/8/23 3/12/24 3/11/25 3/11/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.56x4.71x30.92x2.43% 43.85B
27.45x4.31x13.89x2.09% 127B
34.39x1.21x7.5x6.73% 40.39B
12.72x1.23x6.98x2.4% 34.76B
10.56x3.13x8.01x4.17% 25.28B
18.27x - - - 20.17B
27.82x2.45x12.94x0.43% 17.94B
8.91x0.86x5.29x4.49% 19.85B
10.83x0.93x8.19x3.24% 18.19B
18.51x0.79x6.31x1.18% 18.63B
Average 18.40x 2.18x 11.11x 3.02% 36.61B
Weighted average by Cap. 21.33x 2.94x 12.93x 2.92%

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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