Company Valuation: AV TECH Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,320 2,172 2,036 2,172 1,956 2,420
Change - -6.38% -6.26% 6.68% -9.94% 23.72%
Enterprise Value (EV) 1 1,218 1,040 824.3 999.9 707.2 1,323
Change - -14.6% -20.74% 21.31% -29.27% 87.14%
P/E -191x 70.1x 21.6x 37.2x 19.6x 27.3x
PBR 1.06x 0.99x 0.9x 0.97x 0.86x 1.05x
PEG - -0x 0x -1x 0.3x -2.4x
Capitalization / Revenue 1.9x 1.6x 1.65x 1.87x 2.08x 1.88x
EV / Revenue 1x 0.77x 0.67x 0.86x 0.75x 1.03x
EV / EBITDA 119x 26x 24x 51.3x 42.6x 19.6x
EV / EBIT 422x 31.7x 30.7x 83.5x 77.3x 21.8x
EV / FCF -33.9x -42.3x -1,193x 5.38x 20.6x -11.1x
FCF Yield -2.95% -2.36% -0.08% 18.6% 4.85% -8.99%
Dividend per Share 2 0.2 0.35 1 0.75 1 1
Rate of return 0.69% 1.29% 3.93% 2.76% 4.09% 3.31%
EPS 2 -0.1519 0.3872 1.18 0.73 1.25 1.11
Distribution rate -132% 90.4% 84.7% 103% 80% 90.1%
Net sales 1 1,222 1,356 1,231 1,160 938.8 1,284
EBITDA 1 10.2 40.06 34.33 19.47 16.62 67.51
EBIT 1 2.883 32.78 26.86 11.97 9.145 60.72
Net income 1 -12.15 30.97 94.57 58.6 100.2 88.99
Net Debt 1 -1,102 -1,132 -1,212 -1,172 -1,249 -1,097
Reference price 2 29.00 27.15 25.45 27.15 24.45 30.25
Nbr of stocks (in thousands) 80,000 80,000 80,000 80,000 80,000 80,000
Announcement Date 3/29/21 A 3/29/22 A 3/31/23 A 3/26/24 A 3/25/25 A 5/26/26 A
1TWD in Million2TWD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 66.38M
20.13x3.51x14.04x1.35% 14.01B
9.25x2.48x4.81x2.94% 5.41B
14.85x0.99x6.46x - 3.11B
24.48x0.98x6.1x1.64% 3.05B
17.2x0.58x4.43x4.16% 1.86B
85.3x - - - 1.54B
29.63x - - - 1.37B
21.87x - - - 1.28B
Average 27.84x 1.71x 7.17x 2.52% 3.52B
Weighted average by Cap. 21.65x 2.54x 9.82x 1.96%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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