Company Valuation: Tyntek Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 5,201 8,523 4,990 5,592 6,884 5,171
Change - 63.87% -41.45% 12.05% 23.12% -24.89%
Enterprise Value (EV) 1 5,563 7,696 4,207 4,973 6,232 4,229
Change - 38.35% -45.33% 18.2% 25.31% -32.14%
P/E 17.1x 11.9x -27.5x -42.3x 109x -67.8x
PBR 1.33x 1.91x 1.26x 1.46x 1.78x 1.37x
PEG - 0x 0x 1.6x -1x 0x
Capitalization / Revenue 2.14x 2.69x 2.06x 2.47x 2.88x 2.21x
EV / Revenue 2.29x 2.43x 1.74x 2.19x 2.6x 1.81x
EV / EBITDA 24.2x 14.1x 14x 33.5x 27.5x 18x
EV / EBIT -962x 24.8x 114x -34.6x -112x -111x
EV / FCF -44.4x 13.6x 21.1x -35.2x -262x 26.8x
FCF Yield -2.25% 7.33% 4.73% -2.84% -0.38% 3.73%
Dividend per Share 2 0.75 1 - 0.2 0.1 0.1
Rate of return 4.34% 3.53% - 1.08% 0.44% 0.58%
EPS 2 1.01 2.39 -0.6038 -0.44 0.2092 -0.2536
Distribution rate 74.3% 41.8% - -45.5% 47.8% -39.4%
Net sales 1 2,429 3,163 2,420 2,268 2,394 2,336
EBITDA 1 230 547 300.4 148.5 226.7 235.3
EBIT 1 -5.782 310.6 37.01 -143.8 -55.87 -38.12
Net income 1 304.5 724.8 -181.5 -132 62.89 -76.24
Net Debt 1 362.1 -826.6 -783 -618.3 -652.4 -942
Reference price 2 17.30 28.35 16.60 18.60 22.90 17.20
Nbr of stocks (in thousands) 300,621 300,621 300,621 300,621 300,621 300,621
Announcement Date 3/29/21 3/11/22 2/24/23 2/29/24 2/21/25 3/11/26
1TWD in Million2TWD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 468M
51.89x8.25x42.03x1.57% 176B
60.88x9.06x17.4x-.--% 95.26B
41.53x8.95x30.98x1.36% 52.65B
45.84x - - 0.22% 46.27B
7654.11x72.33x2296.01x - 40.8B
36.46x6.73x23.74x1.19% 39.98B
40.61x6.77x27.58x1.08% 31.06B
30.79x7.14x23.52x0.64% 29.56B
37.43x4.11x20.39x1.26% 27.85B
Average 888.84x 15.42x 310.21x 0.92% 53.96B
Weighted average by Cap. 623.61x 13.27x 217.96x 0.99%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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