Company Valuation: Roundtop Machinery Industries Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,321 1,291 1,303 1,487 3,175 1,957
Change - -2.27% 0.99% 14.1% 113.51% -38.36%
Enterprise Value (EV) 1 470.4 510.8 446 460.6 2,036 935.5
Change - 8.59% -12.68% 3.27% 341.96% -54.05%
P/E -63.9x -356x 12.1x 13.4x 17.5x 20.6x
PBR 0.99x 1x 0.95x 1.04x 2.09x 1.32x
PEG - 4.3x -0x 4.27x 0.3x -0.4x
Capitalization / Revenue 4.24x 3.58x 2.75x 2.58x 6.37x 3.95x
EV / Revenue 1.51x 1.42x 0.94x 0.8x 4.09x 1.89x
EV / EBITDA 149x 49.9x 5.37x 3.71x 18.2x 8.64x
EV / EBIT -63.1x 350x 5.93x 3.98x 19.6x 9.38x
EV / FCF 205x -23.5x 19.5x 2.44x 26.1x 1,522x
FCF Yield 0.49% -4.26% 5.12% 41% 3.82% 0.07%
Dividend per Share 2 0.5 0.3 0.6 1.1 1.6 1
Rate of return 3.24% 1.99% 3.93% 6.32% 4.31% 4.37%
EPS 2 -0.2417 -0.0424 1.26 1.3 2.117 1.11
Distribution rate -207% -708% 47.6% 84.6% 75.6% 90.1%
Net sales 1 311.1 360.8 473.3 575.7 498.1 495.4
EBITDA 1 3.159 10.24 83.13 124 112.1 108.2
EBIT 1 -7.454 1.459 75.21 115.8 103.9 99.72
Net income 1 -20.66 -3.624 108.1 111.1 181 94.87
Net Debt 1 -850.2 -779.9 -857.5 -1,027 -1,140 -1,022
Reference price 2 15.45 15.10 15.25 17.40 37.15 22.90
Nbr of stocks (in thousands) 85,474 85,474 85,474 85,474 85,474 85,474
Announcement Date 3/25/21 3/23/22 3/31/23 3/15/24 3/11/25 3/10/26
1TWD in Million2TWD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 52.23M
49.88x9.98x31.48x1.01% 3.3B
38.75x - - - 3.28B
28.44x1.26x9.57x3.45% 2.69B
12.29x2.4x7.71x3.62% 2.44B
5.99x0.86x4.08x2.7% 2.25B
13.09x1.09x7.44x2.26% 2.23B
Average 24.74x 3.12x 12.05x 2.61% 2.32B
Weighted average by Cap. 27.22x 3.61x 13.49x 2.52%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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