Company Valuation: RITEK Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 7,561 8,151 5,279 5,688 9,642 10,613
Change - 7.8% -35.23% 7.75% 69.51% 10.07%
Enterprise Value (EV) 1 10,540 10,423 7,640 7,414 10,655 13,598
Change - -1.11% -26.7% -2.96% 43.71% 27.63%
P/E -8.43x -23.9x -35.4x -18.8x 206x -43x
PBR 1.26x 1.4x 0.91x 1.04x 1.7x 1.97x
PEG - 0.4x 0.6x -0x -2x 0x
Capitalization / Revenue 1.15x 1.09x 0.68x 0.75x 1.33x 1.42x
EV / Revenue 1.6x 1.39x 0.99x 0.97x 1.47x 1.81x
EV / EBITDA 24.7x 16.2x 12.5x 15.4x 25.3x 44.2x
EV / EBIT -21.9x -40.3x -27.8x -19.9x -60.9x -114x
EV / FCF 11x 34.1x -12.7x 13.1x -17.1x -7.6x
FCF Yield 9.08% 2.93% -7.89% 7.65% -5.85% -13.2%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -1.294 -0.4919 -0.2152 -0.4373 0.0674 -0.3557
Distribution rate - - - - - -
Net sales 1 6,578 7,477 7,739 7,630 7,264 7,494
EBITDA 1 427.3 642.5 611.4 481.5 420.5 307.4
EBIT 1 -481.9 -258.9 -274.8 -373.3 -175.1 -118.9
Net income 1 -897.4 -341.2 -149.3 -303.3 46.75 -246.7
Net Debt 1 2,979 2,272 2,361 1,726 1,013 2,985
Reference price 2 10.90 11.75 7.61 8.20 13.90 15.30
Nbr of stocks (in thousands) 693,680 693,680 693,680 693,680 693,680 693,680
Announcement Date 3/31/21 3/31/22 3/16/23 3/15/24 3/17/25 3/16/26
1TWD in Million2TWD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 226M
7.88x4.41x5.49x-.--% 251B
23.27x8.3x16.03x0.13% 163B
133.48x8.22x36.2x-.--% 43.12B
26.25x4.72x14.29x1.03% 40.15B
9.61x - - - 11.17B
3.69x1.3x2.54x15.33% 4.03B
19.27x1.08x7.72x1.22% 406M
Average 31.92x 4.67x 13.71x 2.95% 64.16B
Weighted average by Cap. 24.79x 6.00x 12.24x 0.25%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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