Company Valuation: Patec Precision Industry Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 903.8 1,281 1,185 3,481 6,673 6,405
Change - 41.77% -7.5% 193.71% 91.69% -4.01%
Enterprise Value (EV) 1 742.6 1,237 1,289 3,302 8,500 8,472
Change - 66.52% 4.25% 156.09% 157.45% -0.33%
P/E 28.7x 19x 15.9x 23.8x 17.3x -17x
PBR 0.79x 1.12x 1.04x 2.28x 3.16x 3.25x
PEG - 0x 1.5x 0.3x 0x 0x
Capitalization / Revenue 0.76x 0.94x 0.83x 1.92x 3.74x 0.69x
EV / Revenue 0.63x 0.9x 0.91x 1.82x 4.77x 0.91x
EV / EBITDA 7.06x 10.1x 8.09x 14.5x -35.8x 29.2x
EV / EBIT 13.6x 13.8x 11.4x 18.3x -27.9x -374x
EV / FCF 3.11x 48.9x 17x 281x -8.97x -44.7x
FCF Yield 32.1% 2.05% 5.88% 0.36% -11.1% -2.24%
Dividend per Share 2 0.3496 4.271 0.2582 0.4618 0.3006 0.4
Rate of return 1.86% 16.1% 1.05% 0.7% 0.25% 0.34%
EPS 2 0.6543 1.396 1.548 2.784 7.012 -6.811
Distribution rate 53.4% 306% 16.7% 16.6% 4.29% -5.87%
Net sales 1 1,182 1,368 1,420 1,817 1,782 9,323
EBITDA 1 105.1 122.3 159.3 228.3 -237.1 290.3
EBIT 1 54.48 89.74 113.1 180.8 -304.4 -22.64
Net income 1 31.53 67.3 74.86 139.2 383.2 -379.8
Net Debt 1 -161.1 -44.65 104.1 -179.4 1,827 2,067
Reference price 2 18.75 26.59 24.60 66.38 121.24 116.00
Nbr of stocks (in thousands) 48,188 48,188 48,188 52,442 55,036 55,216
Announcement Date 3/31/21 A 3/31/22 A 3/29/23 A 3/18/24 A 3/31/25 A 3/31/26 A
1TWD in Million2TWD
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 239M
17.97x1.23x9.51x2.07% 42.2B
14.91x0.69x5.1x3.87% 34.05B
12.22x0.58x5.09x3.82% 31.36B
8.86x0.53x6.78x1.69% 27.41B
14.39x2.63x9.05x4.22% 20.37B
30.49x1.2x12.74x0.6% 18.11B
10.6x0.5x4.85x3% 17.54B
13.45x1.37x7.1x4.09% 16.37B
47.55x5.2x36.34x0.76% 14.94B
Average 18.94x 1.55x 10.73x 2.68% 22.26B
Weighted average by Cap. 17.33x 1.32x 9.35x 2.76%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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