Company Valuation: Pegatron Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 184,437 169,395 232,597 244,747 183,999 223,146 - -
Change - -8.16% 37.31% 5.22% -24.82% 21.28% - -
Enterprise Value (EV) 1 178,626 169,395 188,017 161,467 118,277 159,648 155,176 148,929
Change - -5.17% 10.99% -14.12% -26.75% 34.98% -2.8% -4.03%
P/E 9.07x 11.3x 14.8x 14.5x 12.7x 15.3x 12.9x 12.1x
PBR 1.11x - 1.23x 1.18x 0.88x 1.05x 1.01x 0.95x
PEG - -0.4x 2.76x 1.94x -0.8x 19.1x 0.7x 1.67x
Capitalization / Revenue 0.15x 0.13x 0.19x 0.22x 0.16x 0.19x 0.16x 0.15x
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 5.13x 4.03x 3.32x
EV / EBIT 10.6x 6.67x 12.7x 12.9x 10.2x 9.73x 6.69x 5.71x
EV / FCF 5.46x - 2.67x 4.67x -95.1x 5.81x 6.31x -5.52x
FCF Yield 18.3% - 37.4% 21.4% -1.05% 17.2% 15.8% -18.1%
Dividend per Share 2 4.5 - 4 4.5 - 4.07 4.402 4.756
Rate of return 6.51% - 4.58% 4.9% - 4.89% 5.29% 5.72%
EPS 2 7.62 5.6 5.9 6.34 5.39 5.433 6.435 6.902
Distribution rate 59.1% - 67.8% 71% - 74.9% 68.4% 68.9%
Net sales 1 1,263,720 1,317,599 1,256,783 1,125,349 1,117,160 1,183,131 1,384,700 1,537,687
EBITDA 1 30,505 40,194 30,083 28,202 26,338 31,141 38,518 44,838
EBIT 1 16,854 25,385 14,753 12,501 11,609 16,411 23,181 26,104
Net income 1 20,546 15,096 15,713 16,877 14,403 14,654 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 83.20 83.20 83.20
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.06x1.71x15.89x0.58% 276B
62.46x15.5x42.14x0.36% 185B
21.86x1.74x9.13x1.18% 63.81B
16.47x0.35x6.52x1.96% 38.47B
24.85x4.02x15.23x1.33% 29.11B
39.2x21.06x28.8x1.32% 24.39B
11.72x0.51x6.25x4.52% 24.28B
52.9x - - 0.46% 20.9B
15.41x0.29x8.6x0.79% 19.58B
Average 29.99x 5.65x 16.57x 1.39% 75.69B
Weighted average by Cap. 35.02x 6.23x 21.92x 0.86%

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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  5. Valuation Pegatron Corporation