Company Valuation: Alpha Microelectronics Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 564.5 1,255 957.4 989 792.6 546.4
Change - 122.4% -23.74% 3.3% -19.86% -31.05%
Enterprise Value (EV) 1 269 826.1 426.6 643.4 516.5 341.5
Change - 207.07% -48.36% 50.83% -19.72% -33.88%
P/E -14.8x 16.7x 9.86x -25.4x -15.2x -4.74x
PBR 0.94x 1.86x 1.34x 1.69x 1.47x 1.29x
PEG - -0x 0.3x 0x -0.5x -0x
Capitalization / Revenue 1.29x 2.34x 2.14x 4.14x 3.54x 3.55x
EV / Revenue 0.62x 1.54x 0.96x 2.69x 2.31x 2.22x
EV / EBITDA -29.2x 8.15x 6.58x -14.6x -8.07x -3.23x
EV / EBIT -9.59x 9.78x 8.05x -11.7x -6.97x -3.01x
EV / FCF 18.4x 6.25x 4.32x -7.16x -7.93x -8.03x
FCF Yield 5.43% 16% 23.2% -14% -12.6% -12.5%
Dividend per Share 2 - 1.4 2 - - -
Rate of return - 5.04% 9.43% - - -
EPS 2 -0.8448 1.66 2.15 -0.8608 -1.151 -2.554
Distribution rate - 84.3% 93% - - -
Net sales 1 437.4 536.3 446.4 239.1 224.1 153.8
EBITDA 1 -9.206 101.4 64.84 -43.98 -64.01 -105.7
EBIT 1 -28.05 84.49 52.99 -54.93 -74.12 -113.6
Net income 1 -38.15 75.74 99.17 -38.88 -52 -115.4
Net Debt 1 -295.5 -429.4 -530.8 -345.6 -276.1 -204.9
Reference price 2 12.50 27.80 21.20 21.90 17.55 12.10
Nbr of stocks (in thousands) 45,160 45,160 45,160 45,160 45,160 45,160
Announcement Date 3/22/21 A 3/28/22 A 3/27/23 A 3/14/24 A 3/18/25 A 3/13/26 A
1TWD in Million2TWD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 16.15M
20.21x11.51x17.36x0.38% 4,879B
21.11x10.33x13.95x1.16% 1,855B
34.79x14.75x21.66x0.81% 1,538B
4.8x2.92x3.25x0.08% 943B
81.04x14.71x55.83x-.--% 762B
4.01x2.55x3.07x1.9% 798B
-26.15x5.6x15.81x-.--% 319B
33.33x12.51x22.79x1.91% 276B
Average 21.64x 9.36x 19.22x 0.78% 1,263B
Weighted average by Cap. 23.01x 10.49x 17.88x 0.65%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Alpha Microelectronics Corporation

Historical PBR trend

Valuation ratios - PBR - Alpha Microelectronics Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Alpha Microelectronics Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Alpha Microelectronics Corporation

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