Company Valuation: Radiant Opto-Electronics Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 46,968 48,828 61,849 91,378 57,070 31,826 -
Change - 3.96% 26.67% 47.74% -37.55% -44.23% -
Enterprise Value (EV) 1 34,503 20,795 32,815 62,804 33,559 10,268 31,826
Change - -39.73% 57.8% 91.39% -46.57% -69.4% 209.96%
P/E 9.17x 7.41x 11.7x 12.6x 13.2x 10.5x 9.33x
PBR 1.53x 1.44x 1.8x 2.42x 1.59x 0.84x -
PEG - 0.3x -0.6x 0.3x -0.3x -0.3x 0.7x
Capitalization / Revenue 0.83x 0.83x 1.4x 1.77x 1.17x 0.66x 0.72x
EV / Revenue 0.61x 0.35x 0.74x 1.22x 0.69x 0.21x 0.72x
EV / EBITDA 4.18x 2.34x 5.06x 8.31x 4.7x 1.67x 4.97x
EV / EBIT 4.56x 2.53x 5.74x 9.35x 5.72x 2.15x 6.77x
EV / FCF 4.53x 2x 6.28x 12x 11.1x 3.84x -
FCF Yield 22.1% 50.1% 15.9% 8.3% 8.98% 26.1% -
Dividend per Share 2 10.67 - 13.33 14 4.667 3.467 3.733
Rate of return 7.92% - 7.52% 5.34% 2.82% 3.76% 4.05%
EPS 2 14.68 18.89 15.13 20.84 12.53 8.76 9.88
Distribution rate 72.7% - 88.1% 67.2% 37.2% 39.6% 37.8%
Net sales 1 56,924 58,701 44,089 51,633 48,783 48,027 44,462
EBITDA 1 8,262 8,901 6,483 7,559 7,139 6,146 6,399
EBIT 1 7,563 8,226 5,722 6,719 5,871 4,783 4,700
Net income 1 5,190 6,727 5,276 7,267 4,343 3,042 3,446
Net Debt 1 -12,465 -28,033 -29,034 -28,574 -23,511 -21,558 -
Reference price 2 134.67 140.00 177.33 262.00 165.33 92.20 92.20
Nbr of stocks (in thousands) 348,771 348,771 348,771 348,771 345,182 345,182 -
Announcement Date 2/24/22 A 2/23/23 A 2/29/24 A 2/27/25 A 2/26/26 A - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
10.5x0.21x1.66x3.77% 996M
32.43x11.46x20.93x0.85% 118B
48.5x8.11x35.16x1.52% 54.35B
26.25x1.22x13.86x-.--% 39.9B
20.73x1.76x8.65x1.46% 34.67B
29.47x2.08x14.45x1.58% 29.55B
28.6x4.37x17.44x-.--% 27.74B
10.22x5.74x15.91x1.46% 25.61B
29.78x4.57x18.21x0.77% 17.43B
23.13x2.95x12.37x-.--% 16.21B
Average 25.96x 4.25x 15.86x 1.14% 36.48B
Weighted average by Cap. 30.35x 6.48x 19.40x 0.92%

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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