Company Valuation: Parade Technologies, Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 169,285 60,965 95,468 60,826 45,587 43,514 - -
Change - -63.99% 56.59% -36.29% -25.05% -4.55% - -
Enterprise Value (EV) 1 160,083 53,990 86,980 50,617 34,687 31,730 29,835 27,100
Change - -66.27% 61.11% -41.81% -31.47% -8.53% -5.97% -9.17%
P/E 32.6x 12.8x 46.6x 23.6x 16.9x 16.9x 13.4x 10.6x
PBR 11.6x 3.48x 4.84x 2.73x 2.06x 1.89x 1.77x 1.56x
PEG - -1.87x -0.8x 0.9x 2.81x -5.82x 0.5x 0.4x
Capitalization / Revenue 8.47x 3.04x 6.93x 3.74x 2.76x 2.5x 2.24x 1.99x
EV / Revenue 8.01x 2.69x 6.32x 3.12x 2.1x 1.82x 1.53x 1.24x
EV / EBITDA 24.5x 9.12x 32.9x 16x 9.96x 9.58x 7.63x 5.68x
EV / EBIT 27.5x 10.3x 44.2x 20.6x 12.8x 11.8x 8.78x 6.36x
EV / FCF 25.5x 22.8x 24.3x 15.9x 10.6x 13.5x 8.91x 6.74x
FCF Yield 3.93% 4.39% 4.11% 6.28% 9.46% 7.43% 11.2% 14.8%
Dividend per Share 2 32.48 30.04 12.66 - 17.46 17.95 21.19 26.38
Rate of return 1.54% 3.89% 1.06% - 2.99% 3.17% 3.74% 4.66%
EPS 2 64.79 60.35 25.73 32.55 34.51 33.51 42.24 53.21
Distribution rate 50.1% 49.8% 49.2% - 50.6% 53.6% 50.2% 49.6%
Net sales 1 19,995 20,055 13,769 16,246 16,531 17,388 19,449 21,897
EBITDA 1 6,544 5,921 2,646 3,161 3,482 3,311 3,908 4,770
EBIT 1 5,830 5,267 1,967 2,452 2,709 2,683 3,399 4,259
Net income 1 5,245 4,898 2,033 2,592 2,727 2,610 3,305 4,023
Net Debt 1 -9,202 -6,975 -8,488 -10,209 -10,900 -11,784 -13,679 -16,414
Reference price 2 2,115.00 773.00 1,200.00 767.00 584.00 566.00 566.00 566.00
Nbr of stocks (in thousands) 80,040 78,868 79,557 79,304 78,060 76,880 - -
Announcement Date 2/9/22 2/8/23 2/7/24 2/5/25 2/10/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.98x1.84x9.65x3.15% 1.38B
23.02x13.15x19.9x0.33% 5,563B
22.45x11.01x14.92x1.12% 1,975B
38.82x16.3x23.86x0.73% 1,703B
13.99x8.52x10.29x0.05% 1,148B
4.71x2.94x3.55x0.22% 891B
83.35x15.1x56.75x-.--% 780B
-41.53x8.35x23.23x-.--% 503B
201.33x43.75x89.24x-.--% 269B
Average 40.35x 13.44x 27.93x 0.62% 1,426B
Weighted average by Cap. 27.82x 12.69x 21.49x 0.43%

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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