Company Valuation: Compal Electronics, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 105,443 100,432 173,632 164,046 132,457 188,228 - -
Change - -4.75% 72.89% -5.52% -19.26% 42.11% - -
Enterprise Value (EV) 1 176,295 126,736 186,797 169,537 128,055 186,936 200,107 230,954
Change - -28.11% 47.39% -9.24% -24.47% 45.98% 7.05% 15.42%
P/E 8.34x 13.9x 22.8x 16.4x 22.2x 20.7x 17.6x 15.1x
PBR 0.95x 0.86x 1.47x 1.17x 1x 1.49x 1.37x 1.27x
PEG - -0.3x 4.21x 0.5x -0.5x 0.4x 1x 0.9x
Capitalization / Revenue 0.09x 0.09x 0.18x 0.18x 0.17x 0.21x 0.18x 0.16x
EV / Revenue 0.14x 0.12x 0.2x 0.19x 0.17x 0.21x 0.19x 0.2x
EV / EBITDA 8.71x 7.56x 9.38x 7.47x 7.2x 9.26x 8.77x 9.18x
EV / EBIT 13.2x 13.7x 15.5x 11.4x 12x 14.2x 12.7x 12.8x
EV / FCF -4.96x 2.49x 8.3x 9.34x 5.92x -7.26x 18.9x -
FCF Yield -20.2% 40.2% 12% 10.7% 16.9% -13.8% 5.3% -
Dividend per Share 2 2 1 1.2 1.4 1.1 1.353 1.573 1.774
Rate of return 8.26% 4.34% 3.01% 3.72% 3.62% 3.13% 3.64% 4.11%
EPS 2 2.9 1.66 1.75 2.3 1.37 2.083 2.448 2.865
Distribution rate 69% 60.2% 68.6% 60.9% 80.3% 65% 64.3% 61.9%
Net sales 1 1,235,682 1,073,246 946,715 910,253 757,513 911,791 1,039,398 1,148,180
EBITDA 1 20,252 16,763 19,922 22,710 17,782 20,190 22,810 25,154
EBIT 1 13,349 9,219 12,048 14,842 10,636 13,128 15,722 18,057
Net income 1 12,633 7,288 7,668 10,042 6,030 8,890 10,429 12,383
Net Debt 1 70,852 26,304 13,165 5,491 -4,402 -1,292 11,879 42,726
Reference price 2 24.20 23.05 39.85 37.65 30.40 43.20 43.20 43.20
Nbr of stocks (in thousands) 4,357,130 4,357,130 4,357,130 4,357,130 4,357,130 4,357,130 - -
Announcement Date 3/16/22 3/16/23 3/1/24 2/27/25 3/10/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.91x0.37x10.85x5.58% 39B
35.17x5.73x27.82x1.98% 18.87B
18.63x0.3x12.52x3.83% 7.68B
19.46x0.19x8.55x3.18% 5.33B
17.43x0.25x7.49x4.18% 2.95B
12.99x1.4x7.4x6.03% 2.23B
Average 19.43x 1.37x 12.44x 4.13% 12.68B
Weighted average by Cap. 19.65x 1.71x 14.84x 4.3%

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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