Valuation TSEC Corporation

Stocks

End-of-day quote Taiwan S.E. 2026-08-20			5-day change	1st Jan Change
26.10 ^TWD	+0.38%		-5.78%	-6.45%

08-13	TSEC Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-13	TSEC Corporation Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	18,612	18,946	17,351	15,025	9,153	14,307
Change	-	1.8%	-8.42%	-13.4%	-39.08%	56.3%
Enterprise Value (EV) ¹	20,645	21,052	19,818	16,771	11,031	15,915
Change	-	1.97%	-5.86%	-15.38%	-34.23%	44.28%
P/E	-56.2x	425x	84.3x	28.3x	-15.2x	-4.47x
PBR	3.91x	3.69x	2.68x	1.97x	1.34x	3.93x
PEG	-	-4x	0x	0x	0x	-0x
Capitalization / Revenue	4.03x	3.08x	1.93x	1.82x	2.03x	7.84x
EV / Revenue	4.46x	3.42x	2.2x	2.03x	2.44x	8.72x
EV / EBITDA	31.7x	37.5x	23.5x	10x	16.1x	-14.3x
EV / EBIT	232x	381x	75.1x	21.2x	-955x	-9.12x
EV / FCF	-42.9x	-35.1x	-16.9x	-112x	375x	19.9x
FCF Yield	-2.33%	-2.85%	-5.92%	-0.89%	0.27%	5.04%
Dividend per Share ²	-	-	0.1	0.4	-	-
Rate of return	-	-	0.29%	1.37%	-	-
EPS ²	-0.7434	0.1	0.41	1.036	-1.171	-6.24
Distribution rate	-	-	24.4%	38.6%	-	-
Net sales ¹	4,624	6,157	9,005	8,261	4,514	1,825
EBITDA ¹	651.2	561.6	843.8	1,669	683.2	-1,112
EBIT ¹	88.81	55.32	263.9	791.5	-11.55	-1,745
Net income ¹	-285.8	46.32	189.6	527.3	-600.3	-3,199
Net Debt ¹	2,033	2,106	2,468	1,746	1,877	1,608
Reference price ²	41.75	42.50	34.55	29.30	17.85	27.90
Nbr of stocks (in thousands)	445,797	445,797	502,191	512,797	512,797	512,797
Announcement Date	3/31/21	3/25/22	3/14/23	3/12/24	3/17/25	3/13/26

¹TWD in Million²TWD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TSEC CORPORATION	-	-	-	-	418M
FIRST SOLAR, INC.	12.72x	4.28x	8.21x	-.--%	23.9B
NINGBO DEYE TECHNOLOGY GROUP CO., LTD.	21.76x	5.47x	18.81x	2.07%	17.94B
LONGI GREEN ENERGY TECHNOLOGY CO., LTD.	-47.89x	0.92x	11.03x	0.04%	13.98B
NEXTPOWER INC.	24.7x	2.94x	13.95x	-.--%	13.98B
WAAREE ENERGIES LIMITED	18.69x	2.75x	11.58x	-	8.06B
TONGWEI CO.,LTD	-10.15x	1.32x	11.63x	-.--%	8.04B
JINKO SOLAR CO., LTD.	-44.46x	0.83x	6.41x	-.--%	6.59B
TCL ZHONGHUAN RENEWABLE ENERGY TECHNOLOGY CO.,LTD.	-9.11x	2.37x	15.61x	-.--%	5.91B
XINJIANG DAQO NEW ENERGY CO.,LTD.	-31.03x	8.3x	20.95x	-.--%	5.65B
Average	-7.20x	3.24x	13.13x	0.26%	10.45B
Weighted average by Cap.	-0.79x	3.40x	12.71x	0.39%