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 99,821 122,806 153,827 243,953 - -
Change - -7.93% 84.91% 23.03% 25.26% 58.59% - -
Enterprise Value (EV) 1 58,631 105,777 109,890 181,857 174,939 287,692 303,053 191,949
Change - 80.41% 3.89% 65.49% -3.8% 64.45% 5.34% -36.66%
P/E 7.54x 7.1x 26.5x 13.7x 11.9x 7.03x 6.28x -
PBR - 1x 1.4x 1.19x 1.47x 1.69x 1.5x 1.4x
PEG - -0.6x -0.5x 0.2x 0.3x 0x 0.5x -
Capitalization / Revenue - 0.09x 0.17x 0.13x 0.13x 0.11x 0.08x 0.06x
EV / Revenue - 0.19x 0.18x 0.19x 0.15x 0.12x 0.1x 0.05x
EV / EBITDA - 8.66x 12.6x 10.9x 7.73x 5.45x 5.26x 2.64x
EV / EBIT - 8.98x 13.4x 11.9x 8.38x 5.67x 5.29x 2.69x
EV / FCF - -16.7x 2.69x 4.31x 11x 16x 19.4x -
FCF Yield - -6% 37.1% 23.2% 9.11% 6.24% 5.16% -
Dividend per Share 2 - - 4.24 - 15.3 13.03 19.13 20.72
Rate of return - - 3.77% - 11.2% 6.77% 9.94% 10.8%
EPS 2 9.75 8.61 4.24 8.05 11.5 27.4 30.65 -
Distribution rate - - 100% - 133% 47.6% 62.4% -
Net sales 1 - 571,197 594,519 959,432 1,177,949 2,304,634 3,089,099 4,147,018
EBITDA 1 - 12,221 8,756 16,671 22,637 52,740 57,593 72,695
EBIT 1 - 11,783 8,200 15,264 20,882 50,715 57,274 71,463
Net income 1 7,923 7,631 4,012 9,112 13,544 36,123 39,834 -
Net Debt 1 - 51,793 10,068 59,051 21,112 43,739 59,101 -52,003
Reference price 2 73.50 61.10 112.50 110.00 137.00 192.50 192.50 192.50
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.($)
6.95x0.12x5.42x6.84% 7.63B
27.1x2.89x16.27x0.58% 14.58B
10.53x - - -.--% 10.73B
5.48x0.18x5.42x8.82% 5.4B
14.76x - - 2.86% 4.02B
Average 12.96x 1.06x 9.03x 3.82% 8.47B
Weighted average by Cap. 15.34x 1.60x 11.15x 2.83%

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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