Company Valuation: Yageo Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 235,875 188,191 250,238 278,103 475,028 1,678,021 - -
Change - -20.22% 32.97% 11.14% 70.81% 253.25% - -
Enterprise Value (EV) 1 276,677 231,851 315,202 358,196 541,838 1,718,151 1,675,142 1,628,703
Change - -16.2% 35.95% 13.64% 51.27% 217.1% -2.5% -2.77%
P/E 10.6x 10.4x 14.3x 14.2x 20.1x 43.9x 28.6x 19.8x
PBR 2.97x 1.55x 1.83x 1.71x 2.78x 8.14x 6.46x 5.2x
PEG - -0.4x -4.38x 1.58x 1x 0.7x 0.5x 0.4x
Capitalization / Revenue 2.21x 1.55x 2.33x 2.29x 3.57x 9.45x 7.1x 5.66x
EV / Revenue 2.6x 1.91x 2.93x 2.94x 4.08x 9.68x 7.09x 5.49x
EV / EBITDA 7.92x 6.32x 11x 11x 13.7x 29.6x 19.1x 13x
EV / EBIT 9.52x 8x 15.4x 15.3x 18.2x 35.8x 21.6x 14.5x
EV / FCF 19.6x 11.3x 21.6x 14.6x 21.8x 47.3x 29.8x 19.6x
FCF Yield 5.11% 8.87% 4.63% 6.84% 4.58% 2.11% 3.36% 5.1%
Dividend per Share 2 2.629 2.092 4.185 5 6 7.231 11.58 17.01
Rate of return 2.09% 2.22% 3.35% 3.7% 2.6% 0.89% 1.42% 2.08%
EPS 2 11.91 9.041 8.746 9.532 11.51 18.6 28.49 41.23
Distribution rate 22.1% 23.1% 47.8% 52.5% 52.1% 38.9% 40.6% 41.2%
Net sales 1 106,539 121,087 107,609 121,667 132,930 177,482 236,366 296,649
EBITDA 1 34,950 36,676 28,760 32,609 39,635 58,058 87,768 125,501
EBIT 1 29,074 28,988 20,472 23,386 29,801 48,018 77,620 112,068
Net income 1 22,903 22,730 17,469 19,356 23,634 38,207 59,501 85,542
Net Debt 1 40,802 43,660 64,964 80,093 66,811 40,130 -2,879 -49,317
Reference price 2 126.05 94.36 124.91 135.25 231.00 816.00 816.00 816.00
Nbr of stocks (in thousands) 1,871,260 1,994,301 2,003,308 2,056,215 2,056,398 2,056,398 - -
Announcement Date 3/17/22 A 3/29/23 A 2/29/24 A 3/25/25 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.($)
34.65x6.18x19.25x0.64% 196B
53.92x8.58x28.08x0.7% 111B
32.47x12.9x27.16x0.36% 108B
13.63x0.29x6.67x3.74% 104B
87.02x8.46x41.11x0.19% 77.76B
21.77x1.25x13.94x0.52% 70.37B
80.02x9.46x40.15x0.01% 63.48B
18.51x3.19x12.05x1.48% 58.48B
75.44x30.48x67.55x0.4% 43.62B
Average 46.38x 8.98x 28.44x 0.89% 92.43B
Weighted average by Cap. 42.59x 7.75x 25.10x 0.95%

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