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 99,821 122,806 153,827 273,502 - -
Change - -7.93% 84.91% 23.03% 25.26% 77.8% - -
Enterprise Value (EV) 1 58,631 105,777 109,890 181,857 174,939 317,241 332,602 221,499
Change - 80.41% 3.89% 65.49% -3.8% 81.34% 4.84% -33.4%
P/E 7.54x 7.1x 26.5x 13.7x 11.9x 9x 7.39x -
PBR - 1x 1.4x 1.19x 1.47x 1.91x 1.68x 1.57x
PEG - -0.6x -0.5x 0.2x 0.3x 0x 0.3x -
Capitalization / Revenue - 0.09x 0.17x 0.13x 0.13x 0.12x 0.09x 0.06x
EV / Revenue - 0.19x 0.18x 0.19x 0.15x 0.14x 0.11x 0.05x
EV / EBITDA - 8.66x 12.6x 10.9x 7.73x 7.01x 6.06x 3.27x
EV / EBIT - 8.98x 13.4x 11.9x 8.38x 7.18x 6.2x 3.33x
EV / FCF - -16.7x 2.69x 4.31x 11x 63.9x 17.1x -
FCF Yield - -6% 37.1% 23.2% 9.11% 1.56% 5.84% -
Dividend per Share 2 - - 4.24 - 15.3 12.62 17.9 19.08
Rate of return - - 3.77% - 11.2% 5.86% 8.3% 8.85%
EPS 2 9.75 8.61 4.24 8.05 11.5 23.94 29.15 -
Distribution rate - - 100% - 133% 52.7% 61.4% -
Net sales 1 - 571,197 594,519 959,432 1,177,949 2,293,878 3,055,529 4,224,538
EBITDA 1 - 12,221 8,756 16,671 22,637 45,233 54,859 67,813
EBIT 1 - 11,783 8,200 15,264 20,882 44,214 53,605 66,540
Net income 1 7,923 7,631 4,012 9,112 13,544 30,627 37,030 -
Net Debt 1 - 51,793 10,068 59,051 21,112 43,739 59,101 -52,003
Reference price 2 73.50 61.10 112.50 110.00 137.00 215.50 215.50 215.50
Nbr of stocks (in thousands) 797,707 883,530 887,302 1,116,417 1,122,825 1,269,150 - -
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.($)
9.08x0.14x7.07x5.8% 8.68B
27.54x3.22x17.62x0.55% 16.39B
13.01x - - -.--% 11.71B
8.21x0.23x8.8x8.74% 5.65B
22.55x - - 2.1% 3.68B
Average 16.08x 1.20x 11.16x 3.44% 9.22B
Weighted average by Cap. 17.61x 1.80x 13.02x 2.52%

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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