Company Valuation: Pegatron Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 184,437 169,395 232,597 244,747 183,999 220,464 - -
Change - -8.16% 37.31% 5.22% -24.82% 19.82% - -
Enterprise Value (EV) 1 178,626 169,395 188,017 161,467 118,277 156,966 152,494 146,247
Change - -5.17% 10.99% -14.12% -26.75% 32.71% -2.85% -4.1%
P/E 9.07x 11.3x 14.8x 14.5x 12.7x 15.3x 12.8x 11.9x
PBR 1.11x - 1.23x 1.18x 0.88x 1.04x 1x 0.94x
PEG - -0.4x 2.76x 1.94x -0.8x -29.63x 0.6x 1.64x
Capitalization / Revenue 0.15x 0.13x 0.19x 0.22x 0.16x 0.18x 0.16x 0.14x
EV / Revenue 0.14x 0.13x 0.15x 0.14x 0.11x 0.13x 0.11x 0.1x
EV / EBITDA 5.86x 4.21x 6.25x 5.73x 4.49x 4.91x 3.96x 3.26x
EV / EBIT 10.6x 6.67x 12.7x 12.9x 10.2x 9.1x 6.58x 5.6x
EV / FCF 5.46x - 2.67x 4.67x -95.1x 5.72x 6.21x -5.42x
FCF Yield 18.3% - 37.4% 21.4% -1.05% 17.5% 16.1% -18.4%
Dividend per Share 2 4.5 - 4 4.5 - 3.948 4.402 4.756
Rate of return 6.51% - 4.58% 4.9% - 4.8% 5.35% 5.79%
EPS 2 7.62 5.6 5.9 6.34 5.39 5.362 6.435 6.902
Distribution rate 59.1% - 67.8% 71% - 73.6% 68.4% 68.9%
Net sales 1 1,263,720 1,317,599 1,256,783 1,125,349 1,117,160 1,206,287 1,384,700 1,537,687
EBITDA 1 30,505 40,194 30,083 28,202 26,338 31,973 38,518 44,838
EBIT 1 16,854 25,385 14,753 12,501 11,609 17,257 23,181 26,104
Net income 1 20,546 15,096 15,713 16,877 14,403 14,826 17,635 19,186
Net Debt 1 -5,811 - -44,581 -83,280 -65,721 -63,498 -67,970 -74,217
Reference price 2 69.10 63.50 87.30 91.90 68.60 82.20 82.20 82.20
Nbr of stocks (in thousands) 2,669,132 2,667,634 2,664,346 2,663,188 2,682,200 2,682,044 - -
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.($)
15.11x0.13x4.81x4.87% 6.82B
23.17x1.61x14.76x0.62% 258B
68.7x17.06x46.62x0.32% 204B
19.83x1.61x8.46x1.3% 57.88B
15.81x0.34x6.25x2.01% 37.08B
23.76x3.81x15.07x1.7% 27.74B
86.84x - - 0.1% 23.92B
54x - - 0.45% 21.24B
16.76x0.31x9.21x0.72% 21.13B
10.1x0.45x5.54x5.24% 20.92B
Average 33.41x 3.17x 13.84x 1.74% 67.85B
Weighted average by Cap. 38.70x 6.50x 23.35x 0.88%

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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