Company Valuation: Powerchip Semiconductor Manufacturing Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 251,706 125,715 119,909 66,034 166,007 311,919 - -
Change - -50.05% -4.62% -44.93% 151.4% 87.89% - -
Enterprise Value (EV) 1 228,445 82,833 127,805 96,735 202,558 286,365 237,277 202,972
Change - -63.74% 54.29% -24.31% 109.4% 41.37% -17.14% -14.46%
P/E 16.1x 5.49x -73.6x -9.7x -21.3x 8.49x 7.37x 6.06x
PBR 3.78x 1.34x 1.28x 0.75x 2.04x 1.73x 1.5x 1.23x
PEG - 0.2x 1x -0x -1.6x -0x 0.5x 0.3x
Capitalization / Revenue 3.84x 1.65x 2.72x 1.48x 3.55x 4.02x 2.83x 2.55x
EV / Revenue 3.48x 1.09x 2.9x 2.16x 4.33x 3.69x 2.15x 1.66x
EV / EBITDA 8.68x 2.51x 35.6x 56.2x 38.5x 6.2x 4.13x 3.05x
EV / EBIT 11.4x 3.15x -40.5x -12.1x -34x 7.74x 4.98x 3.58x
EV / FCF 16x 6.13x -2.75x -5.69x -264x 5.51x 6.25x -
FCF Yield 6.24% 16.3% -36.3% -17.6% -0.38% 18.2% 16% -
Dividend per Share 2 1.83 1.03 - - - 2.644 1.717 2.946
Rate of return 2.57% 3.23% - - - 3.99% 2.59% 4.45%
EPS 2 4.41 5.8 -0.4 -1.64 -1.86 7.801 8.977 10.92
Distribution rate 41.5% 17.8% - - - 33.9% 19.1% 27%
Net sales 1 65,623 76,087 44,023 44,726 46,730 77,584 110,193 122,390
EBITDA 1 26,323 32,954 3,594 1,721 5,263 46,211 57,444 66,562
EBIT 1 20,088 26,328 -3,156 -7,965 -5,960 37,016 47,636 56,676
Net income 1 16,092 21,635 -1,644 -6,777 -7,813 33,807 40,341 48,797
Net Debt 1 -23,261 -42,883 7,896 30,701 36,551 -25,553 -74,641 -108,946
Reference price 2 71.20 31.85 29.45 15.90 39.55 66.20 66.20 66.20
Nbr of stocks (in thousands) 3,535,196 3,947,105 4,071,597 4,153,085 4,197,401 4,711,760 - -
Announcement Date 2/11/22 1/13/23 2/22/24 2/27/25 2/26/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.63x3.61x6.46x1.32% 9.25B
21.65x12.36x18.63x0.35% 5,227B
21.83x10.69x14.49x1.12% 1,909B
36.14x15.29x22.47x0.78% 1,596B
5.18x3.15x3.51x0.07% 1,014B
93.68x16.89x64.07x-.--% 873B
3.45x2.09x2.51x0.28% 671B
-39.71x7.96x22.2x-.--% 482B
32.58x11.81x22.05x2.07% 254B
Average 20.49x 9.32x 19.60x 0.67% 1,337B
Weighted average by Cap. 24.19x 11.27x 19.81x 0.5%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Powerchip Semiconductor Manufacturing Corporation

Historical PBR trend

Valuation ratios - PBR - Powerchip Semiconductor Manufacturing Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Powerchip Semiconductor Manufacturing Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Powerchip Semiconductor Manufacturing Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Powerchip Semiconductor Manufacturing Corporation
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