Company Valuation: WT Microelectronics Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 58,631 53,984 99,821 122,806 153,827 263,012 - -
Change - -7.93% 84.91% 23.03% 25.26% 70.98% - -
Enterprise Value (EV) 1 58,631 105,777 109,890 181,857 174,939 313,614 322,112 211,008
Change - 80.41% 3.89% 65.49% -3.8% 79.27% 2.71% -34.49%
P/E 7.54x 7.1x 26.5x 13.7x 11.9x 7.59x 6.63x 5.07x
PBR - 1x 1.4x 1.19x 1.47x 1.88x 1.62x 1.51x
PEG - -0.6x -0.5x 0.2x 0.3x 0x 0.5x 0.2x
Capitalization / Revenue - 0.09x 0.17x 0.13x 0.13x 0.11x 0.09x 0.07x
EV / Revenue - 0.19x 0.18x 0.19x 0.15x 0.13x 0.11x 0.05x
EV / EBITDA - 8.66x 12.6x 10.9x 7.73x 6.1x 5.42x 2.79x
EV / EBIT - 8.98x 13.4x 11.9x 8.38x 6.43x 5.52x 2.86x
EV / FCF - -16.7x 2.69x 4.31x 11x 15.2x 28.7x 9.32x
FCF Yield - -6% 37.1% 23.2% 9.11% 6.59% 3.48% 10.7%
Dividend per Share 2 - - 4.24 - 15.3 13.53 18.7 20.48
Rate of return - - 3.77% - 11.2% 6.53% 9.03% 9.89%
EPS 2 9.75 8.61 4.24 8.05 11.5 27.26 31.22 40.81
Distribution rate - - 100% - 133% 49.6% 59.9% 50.2%
Net sales 1 - 571,197 594,519 959,432 1,177,949 2,370,198 3,043,834 3,841,858
EBITDA 1 - 12,221 8,756 16,671 22,637 51,446 59,382 75,735
EBIT 1 - 11,783 8,200 15,264 20,882 48,744 58,346 73,799
Net income 1 7,923 7,631 4,012 9,112 13,544 36,365 41,015 55,700
Net Debt 1 - 51,793 10,068 59,051 21,112 50,603 59,101 -52,003
Reference price 2 73.50 61.10 112.50 110.00 137.00 207.00 207.00 207.00
Nbr of stocks (in thousands) 797,707 883,530 887,302 1,116,417 1,122,825 1,270,587 - -
Announcement Date 2/24/22 2/23/23 1/31/24 2/25/25 3/3/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.59x0.13x6.1x6.53% 8.28B
27.96x2.98x16.75x0.57% 14.97B
11.62x - - -.--% 11.85B
7.04x0.21x7.37x7.81% 6.39B
18.08x - - 2.33% 4.86B
Average 14.46x 1.11x 10.07x 3.45% 9.27B
Weighted average by Cap. 16.22x 1.59x 11.75x 2.67%

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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