Company Valuation: Inventec Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 89,508 94,171 189,419 179,733 153,903 235,338 - -
Change - 5.21% 101.14% -5.11% -14.37% 52.91% - -
Enterprise Value (EV) 1 118,464 113,417 207,872 223,170 188,123 288,690 294,182 298,502
Change - -4.26% 83.28% 7.36% -15.7% 53.46% 1.9% 1.47%
P/E 13.8x 15.4x 31.1x 24.7x 17.7x 17.8x 14.9x 13x
PBR 1.57x 1.58x 3.12x 2.52x 2.02x 3.09x 2.76x 2.68x
PEG - -2.53x - 1.3x 0.9x 0.3x 0.8x 0.9x
Capitalization / Revenue 0.17x 0.17x 0.37x 0.28x 0.22x 0.24x 0.2x 0.18x
EV / Revenue 0.23x 0.21x 0.4x 0.35x 0.27x 0.29x 0.25x 0.23x
EV / EBITDA 14.8x 11.9x 18.9x 14.1x 10.9x 12.3x 10x 9.04x
EV / EBIT 25.1x 17x 27.9x 18.9x 14.8x 15.8x 12.6x 11.4x
EV / FCF -7.72x 6.57x 31.3x -17.7x 38.2x -6.31x -45.2x -56.6x
FCF Yield -12.9% 15.2% 3.2% -5.65% 2.62% -15.8% -2.21% -1.77%
Dividend per Share 2 1.4 1.5 1.5 1.7 2 2.618 3.304 3.509
Rate of return 5.61% 5.71% 2.84% 3.39% 4.66% 3.99% 5.04% 5.35%
EPS 2 1.81 1.7 1.7 2.03 2.42 3.694 4.412 5.03
Distribution rate 77.3% 88.2% 88.2% 83.7% 82.6% 70.9% 74.9% 69.8%
Net sales 1 519,732 541,751 514,746 646,262 691,190 1,000,498 1,172,507 1,287,087
EBITDA 1 7,987 9,570 10,975 15,825 17,216 23,438 29,346 33,003
EBIT 1 4,725 6,669 7,463 11,817 12,713 18,307 23,333 26,089
Net income 1 6,538 6,129 6,131 7,267 8,696 13,239 15,816 18,043
Net Debt 1 28,957 19,246 18,453 43,438 34,220 53,351 58,844 63,164
Reference price 2 24.95 26.25 52.80 50.10 42.90 65.60 65.60 65.60
Nbr of stocks (in thousands) 3,587,475 3,587,475 3,587,475 3,587,475 3,587,475 3,587,475 - -
Announcement Date 3/15/22 A 3/14/23 A 3/12/24 A 3/11/25 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.($)
17.76x0.29x12.32x3.99% 7.43B
12.62x0.37x10.85x5.85% 40.57B
34.02x5.54x26.89x2.05% 18.5B
19.76x0.2x9.68x3.21% 5.47B
17.24x0.32x9.87x4.23% 2.96B
12.68x1.38x7.21x6.24% 2.29B
Average 19.01x 1.35x 12.80x 4.26% 12.87B
Weighted average by Cap. 18.92x 1.62x 14.61x 4.52%

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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