Company Valuation: Tongfu Microelectronics Co.,Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 25,708 21,805 34,928 44,845 57,213 111,650 - -
Change - -15.18% 60.18% 28.39% 27.58% 95.15% - -
Enterprise Value (EV) 1 30,824 29,785 44,468 55,243 70,571 120,428 117,325 111,650
Change - -3.37% 49.3% 24.23% 27.75% 70.65% -2.58% -4.84%
P/E 27x 44.5x 210x 65.7x 47.1x 69.7x 58.7x 49.2x
PBR 2.48x 1.8x 2.52x 3.05x 3.69x 6.6x 5.9x 5.33x
PEG - -0.9x -3x 0x 0.6x 2.2x 3.1x 2.5x
Capitalization / Revenue 1.63x 1.02x 1.57x 1.88x 2.05x 3.44x 3.01x 2.63x
EV / Revenue 1.95x 1.39x 2x 2.31x 2.53x 3.71x 3.16x 2.63x
EV / EBITDA 10.4x 8.67x 11.8x 12.1x 13.5x 17.1x 16.4x 12.8x
EV / EBIT 32.6x 63.2x 183x 52.6x 40.4x 57.4x 46.1x 37.4x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - 0.097 0.012 0.045 0.081 0.0803 0.1094 0.1286
Rate of return - 0.59% 0.05% 0.15% 0.21% 0.11% 0.15% 0.17%
EPS 2 0.72 0.37 0.11 0.45 0.8 1.055 1.254 1.496
Distribution rate - 26.2% 10.9% 10% 10.1% 7.61% 8.72% 8.6%
Net sales 1 15,812 21,429 22,269 23,882 27,921 32,435 37,146 42,382
EBITDA 1 2,969 3,437 3,783 4,549 5,242 7,049 7,158 8,703
EBIT 1 945.6 471.3 243 1,049 1,748 2,099 2,545 2,985
Net income 1 953.6 502 169.4 677.6 1,219 1,677 1,952 2,270
Net Debt 1 5,116 7,980 9,540 10,398 13,357 8,779 5,676 -
Reference price 2 19.43 16.48 23.12 29.55 37.70 73.57 73.57 73.57
Nbr of stocks (in thousands) 1,323,117 1,323,117 1,510,714 1,517,597 1,517,597 1,517,597 - -
Announcement Date 3/10/22 3/29/23 4/12/24 4/11/25 4/16/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
67.23x3.59x16.52x0.11% 15.88B
64.85x22.62x49.72x0.34% 302B
41.22x14.1x29.48x0.33% 134B
51.01x12.32x36.34x0.14% 56.29B
54.34x21.85x43.9x1.14% 37.33B
111.82x31.41x96.34x0.11% 32.88B
132.62x53.59x128.75x0.19% 14.93B
103.97x4.63x24.95x0.26% 12.41B
32.52x8.54x15.45x2.04% 11.75B
77.74x18.92x65.66x0.71% 8.72B
Average 73.73x 19.16x 50.71x 0.54% 62.63B
Weighted average by Cap. 62.42x 19.87x 46.43x 0.38%

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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