Company Valuation: Phoenix Tours International, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,085 2,839 4,487 5,376 5,133 4,296
Change - 36.2% 58.04% 19.81% -4.52% -16.3%
Enterprise Value (EV) 1 2,105 2,666 4,740 5,298 4,876 4,216
Change - 26.67% 77.8% 11.77% -7.96% -13.54%
P/E 209x 36.5x -143x 30.2x 17.1x 15x
PBR 1.9x 2.08x 3.79x 3.78x 2.85x 2.25x
PEG - 0x 1x -0x 0.2x -2.94x
Capitalization / Revenue 4.26x 18.9x 22.1x 2.44x 1.63x 1.37x
EV / Revenue 4.3x 17.8x 23.4x 2.41x 1.55x 1.34x
EV / EBITDA -107x -46.9x -94.1x 33.4x 20.2x 16.9x
EV / EBIT -65.9x -40.4x -79.8x 35.4x 21.2x 18.3x
EV / FCF -17.8x -14.7x -17.1x -13.4x -46.6x -30.1x
FCF Yield -5.63% -6.8% -5.85% -7.49% -2.14% -3.32%
Dividend per Share 2 0.2361 0.7871 0.2597 1.732 2.619 4.5
Rate of return 0.96% 2.34% 0.49% 2.72% 4.31% 8.89%
EPS 2 0.1181 0.9202 -0.3723 2.104 3.562 3.38
Distribution rate 200% 85.5% -69.8% 82.3% 73.5% 133%
Net sales 1 489.5 149.9 202.7 2,203 3,145 3,136
EBITDA 1 -19.62 -56.88 -50.38 158.7 241 249.5
EBIT 1 -31.93 -66.04 -59.39 149.7 230.4 230
Net income 1 10.21 77.74 -31.24 178.2 301.7 287.7
Net Debt 1 19.96 -173.5 252.6 -78.47 -257.2 -80.28
Reference price 2 24.68 33.61 53.16 63.64 60.76 50.60
Nbr of stocks (in thousands) 84,484 84,484 84,412 84,484 84,484 84,911
Announcement Date 3/23/21 A 3/23/22 A 3/28/23 A 3/18/24 A 3/7/25 A 3/9/26 A
1TWD in Million2TWD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 105M
14.82x4.12x11.1x1.08% 117B
26.71x5.47x19.29x-.--% 38.34B
42.34x7.33x21.94x0.5% 36.04B
15.23x2x7.86x0.67% 34.3B
25.57x1.91x7.94x0.78% 26.06B
55.34x5.68x22.17x-.--% 23.75B
27.24x3.32x11.69x-.--% 10.01B
27.37x2.77x10.28x5.8% 5.47B
Average 29.33x 4.08x 14.03x 1.1% 32.34B
Weighted average by Cap. 24.78x 4.32x 13.77x 0.76%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Phoenix Tours International, Inc.

Historical PBR trend

Valuation ratios - PBR - Phoenix Tours International, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Phoenix Tours International, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Phoenix Tours International, Inc.

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