Company Valuation: Pegatron Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 184,437 169,395 232,597 244,747 183,999 241,362 - -
Change - -8.16% 37.31% 5.22% -24.82% 31.18% - -
Enterprise Value (EV) 1 178,626 169,395 188,017 161,467 118,277 178,052 171,932 187,843
Change - -5.17% 10.99% -14.12% -26.75% 50.54% -3.44% 9.25%
P/E 9.07x 11.3x 14.8x 14.5x 12.7x 16.3x 12.6x 10.8x
PBR 1.11x - 1.23x 1.18x 0.88x 1.14x 1.1x 1.05x
PEG - -0.4x 2.76x 1.94x -0.8x 5.61x 0.4x 0.6x
Capitalization / Revenue 0.15x 0.13x 0.19x 0.22x 0.16x 0.2x 0.16x 0.14x
EV / Revenue 0.14x 0.13x 0.15x 0.14x 0.11x 0.15x 0.12x 0.11x
EV / EBITDA 5.86x 4.21x 6.25x 5.73x 4.49x 5.01x 3.96x 3.6x
EV / EBIT 10.6x 6.67x 12.7x 12.9x 10.2x 9.77x 6.54x 5.6x
EV / FCF 5.46x - 2.67x 4.67x -95.1x -12.9x 21.8x 15.1x
FCF Yield 18.3% - 37.4% 21.4% -1.05% -7.73% 4.6% 6.63%
Dividend per Share 2 4.5 - 4 4.5 - 3.989 4.835 5.029
Rate of return 6.51% - 4.58% 4.9% - 4.42% 5.36% 5.58%
EPS 2 7.62 5.6 5.9 6.34 5.39 5.547 7.135 8.36
Distribution rate 59.1% - 67.8% 71% - 71.9% 67.8% 60.2%
Net sales 1 1,263,720 1,317,599 1,256,783 1,125,349 1,117,160 1,185,963 1,466,222 1,741,744
EBITDA 1 30,505 40,194 30,083 28,202 26,338 35,536 43,406 52,206
EBIT 1 16,854 25,385 14,753 12,501 11,609 18,218 26,303 33,568
Net income 1 20,546 15,096 15,713 16,877 14,403 14,719 19,627 24,070
Net Debt 1 -5,811 - -44,581 -83,280 -65,721 -63,310 -69,430 -53,519
Reference price 2 69.10 63.50 87.30 91.90 68.60 90.20 90.20 90.20
Nbr of stocks (in thousands) 2,669,132 2,667,634 2,664,346 2,663,188 2,682,200 2,675,852 - -
Announcement Date 3/10/22 3/16/23 3/15/24 3/13/25 3/11/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.99x1.86x14.64x0.47% 342B
8x4.49x5.59x-.--% 255B
26.87x10.9x19.32x0.32% 210B
23.33x8.32x16.08x0.13% 164B
22.62x2.12x10.83x0.89% 84.81B
18.76x0.48x8.73x1.7% 54.6B
134.9x8.31x36.6x-.--% 43.58B
33.03x5.82x19.79x1.27% 42.31B
26.97x4.86x14.7x1% 41.26B
Average 35.16x 5.24x 16.25x 0.64% 137.44B
Weighted average by Cap. 24.54x 5.21x 14.19x 0.41%

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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