Company Valuation: Progate Group Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 99.91 3,452 3,004 10,008 7,197 5,714
Change - 3,355.15% -12.98% 233.16% -28.09% -20.6%
Enterprise Value (EV) 1 -20.77 3,222 2,440 9,411 6,152 4,723
Change - 15,614.04% -24.27% 285.61% -34.63% -23.22%
P/E -3.77x 59.4x 41.3x 62.6x 110x 70.2x
PBR 0.38x 10.7x 4.86x 12.5x 6.41x 5.02x
PEG - -0x 1.7x 0.7x -1.8x 2.8x
Capitalization / Revenue 0.27x 6.16x 3.21x 9.06x 10.5x 4.23x
EV / Revenue -0.06x 5.75x 2.61x 8.52x 9.02x 3.5x
EV / EBITDA 0.67x 46.8x 20.7x 48x 137x 46.3x
EV / EBIT 0.62x 48.3x 21.1x 48.6x 149x 48.3x
EV / FCF 1.93x 36.4x 39.8x 161x 29.5x -111x
FCF Yield 51.9% 2.75% 2.51% 0.62% 3.39% -0.9%
Dividend per Share 2 - - 1.5 2.3 1.6 1.7
Rate of return - - 1.66% 0.86% 0.88% 1.18%
EPS 2 -0.7987 1.752 2.19 4.28 1.649 2.058
Distribution rate - - 68.5% 53.7% 97% 82.6%
Net sales 1 376.4 560.3 934.4 1,105 682.2 1,349
EBITDA 1 -31.02 68.85 118 196.2 44.76 102
EBIT 1 -33.73 66.67 115.8 193.6 41.36 97.79
Net income 1 -26.51 58.15 73.27 160.1 62.73 81.39
Net Debt 1 -120.7 -229.6 -563.5 -597.3 -1,045 -990.5
Reference price 2 3.01 104.00 90.50 268.00 182.00 144.50
Nbr of stocks (in thousands) 33,193 33,193 33,193 37,343 39,543 39,543
Announcement Date 4/6/21 4/20/22 3/31/23 2/29/24 2/26/25 3/9/26
1TWD in Million2TWD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 228M
59.1x9.37x47.56x1.35% 195B
80.9x12x23.04x-.--% 129B
69.85x - - 0.14% 70.09B
53.62x10.94x40.69x0.87% 58.94B
10909.78x103.81x3289.53x - 57.81B
56.52x7.54x30.15x0.72% 43.17B
58.83x9.8x39.84x0.75% 44.36B
30.97x8.53x23.49x1.07% 41.8B
41.43x9.48x30.79x0.49% 38.88B
Average 1,262.33x 21.43x 440.64x 0.67% 67.88B
Weighted average by Cap. 985.27x 18.90x 345.16x 0.73%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Progate Group Corporation