Company Valuation: Radiant Opto-Electronics Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 46,968 48,828 61,849 91,378 57,070 40,455 -
Change - 3.96% 26.67% 47.74% -37.55% -29.11% -
Enterprise Value (EV) 1 34,503 20,795 32,815 62,804 33,559 360.2 -1,070
Change - -39.73% 57.8% 91.39% -46.57% -98.93% -397.13%
P/E 9.17x 7.41x 11.7x 12.6x 13.2x 9.7x 9.2x
PBR 1.53x 1.44x 1.8x 2.42x 1.59x 1.06x 1.01x
PEG - 0.3x -0.6x 0.3x -0.3x -2.68x 1.7x
Capitalization / Revenue 0.83x 0.83x 1.4x 1.77x 1.17x 0.85x 0.89x
EV / Revenue 0.61x 0.35x 0.74x 1.22x 0.69x 0.01x -0.02x
EV / EBITDA 4.18x 2.34x 5.06x 8.31x 4.7x 0.04x -0.16x
EV / EBIT 4.56x 2.53x 5.74x 9.35x 5.72x 0.07x -0.21x
EV / FCF 4.53x 2x 6.28x 12x 11.1x 0.13x -
FCF Yield 22.1% 50.1% 15.9% 8.3% 8.98% 743% -
Dividend per Share 2 8 - 10 10.5 3.5 8.03 7.89
Rate of return 7.92% - 7.52% 5.34% 2.82% 9.14% 8.98%
EPS 2 11.01 14.17 11.35 15.63 9.4 9.06 9.55
Distribution rate 72.7% - 88.1% 67.2% 37.2% 88.6% 82.6%
Net sales 1 56,924 58,701 44,089 51,633 48,783 47,407 45,296
EBITDA 1 8,262 8,901 6,483 7,559 7,139 8,118 6,782
EBIT 1 7,563 8,226 5,722 6,719 5,871 5,432 5,163
Net income 1 5,190 6,727 5,276 7,267 4,343 4,208 3,640
Net Debt 1 -12,465 -28,033 -29,034 -28,574 -23,511 -40,095 -41,525
Reference price 2 101.00 105.00 133.00 196.50 124.00 87.90 87.90
Nbr of stocks (in thousands) 465,027 465,027 465,027 465,027 460,241 460,241 -
Announcement Date 2/24/22 2/23/23 2/29/24 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.($)
9.7x0.01x0.04x9.14% 1.28B
37.13x12.78x23.57x0.79% 117B
76.9x11.21x53.95x0.98% 65.99B
35.94x1.69x19.22x-.--% 54.08B
37.68x2.92x15.12x0.84% 46.01B
42.55x2.25x19.25x1.36% 30.06B
30.51x4.63x18.49x-.--% 28.7B
9.27x5.3x9.35x2.37% 22.85B
39.41x6.09x24.35x0.65% 19.78B
40.78x2.01x18.33x0.42% 18.07B
Average 35.99x 4.89x 20.17x 1.65% 40.37B
Weighted average by Cap. 42.08x 7.28x 25.23x 0.8%

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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-40%: Exceptional extension
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