Company Valuation: HTC Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 69,490 46,096 42,663 40,963 41,129 36,370 - -
Change - -33.66% -7.45% -3.98% 0.41% -11.57% - -
Enterprise Value (EV) 69,490 37,127 42,106 41,549 34,107 36,370 36,370 36,370
Change - -46.57% 13.41% -1.32% -17.91% 6.63% 0% 0%
P/E -22.6x -13.5x -12.5x -12x - - - -
PBR - 1.8x 1.87x 1.91x - - - -
PEG - -1.3x 12.91x -24.54x - - - -
Capitalization / Revenue - 10.5x 9.66x 13.3x 14.2x 5.22x 2.47x 1.74x
EV / Revenue - 0x 0x 0x 0x 5.22x 2.47x 1.74x
EV / EBITDA - -0x -0x -0x -0x -70.5x 30.1x -
EV / EBIT - -0x -0x -0x -0x -49.4x 36.5x -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -3.75 -4.13 -4.09 -4.11 - - - -
Distribution rate - - - - - - - -
Net sales 1 - 4,409 4,418 3,081 2,901 6,972 14,741 20,908
EBITDA 1 - -4,013 -3,970 -4,385 -3,227 -515.6 1,210 -
EBIT 1 - -4,404 -4,295 -4,639 -3,452 -736.4 995.9 -
Net income -3,073 -3,412 -3,396 - - - - -
Net Debt - -8,969 -557.2 586 -7,022 - - -
Reference price 2 84.80 55.70 51.30 49.20 49.20 43.50 43.50 43.50
Nbr of stocks (in thousands) 819,458 827,582 831,642 832,588 835,962 836,097 - -
Announcement Date 3/8/22 A 3/7/23 A 3/5/24 A 3/10/25 A 3/10/26 A - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.41x1.9x3.18x4.75% 1,196B
27.67x5.48x20.98x0.33% 1.34B
-34.73x8.45x160.88x - 969M
17.62x0.34x9.1x4.55% 874M
17.84x0.85x7.93x-.--% 126M
Average 6.76x 3.40x 40.41x 2.41% 239.94B
Weighted average by Cap. 5.41x 1.90x 3.34x 4.74%

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

-40%: Exceptional extension
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