Company Valuation: Compal Electronics, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 105,443 100,432 173,632 164,046 132,457 149,014 - -
Change - -4.75% 72.89% -5.52% -19.26% 12.5% - -
Enterprise Value (EV) 1 176,295 126,736 186,797 169,537 128,055 155,155 163,432 181,342
Change - -28.11% 47.39% -9.24% -24.47% 21.16% 5.34% 10.96%
P/E 8.34x 13.9x 22.8x 16.4x 22.2x 16.9x 14.1x 12.2x
PBR 0.95x 0.86x 1.47x 1.17x 1x 1.12x 1.08x 1.01x
PEG - -0.3x 4.21x 0.5x -0.5x 0.4x 0.7x 0.8x
Capitalization / Revenue 0.09x 0.09x 0.18x 0.18x 0.17x 0.17x 0.15x 0.14x
EV / Revenue 0.14x 0.12x 0.2x 0.19x 0.17x 0.17x 0.16x 0.17x
EV / EBITDA 8.71x 7.56x 9.38x 7.47x 7.2x 7.68x 7.32x 7.42x
EV / EBIT 13.2x 13.7x 15.5x 11.4x 12x 11.7x 10.5x 10.1x
EV / FCF -4.96x 2.49x 8.3x 9.34x 5.92x -6.02x 15.4x -
FCF Yield -20.2% 40.2% 12% 10.7% 16.9% -16.6% 6.49% -
Dividend per Share 2 2 1 1.2 1.4 1.1 1.387 1.545 1.746
Rate of return 8.26% 4.34% 3.01% 3.72% 3.62% 4.06% 4.52% 5.11%
EPS 2 2.9 1.66 1.75 2.3 1.37 2.02 2.418 2.806
Distribution rate 69% 60.2% 68.6% 60.9% 80.3% 68.7% 63.9% 62.2%
Net sales 1 1,235,682 1,073,246 946,715 910,253 757,513 898,254 1,012,582 1,085,510
EBITDA 1 20,252 16,763 19,922 22,710 17,782 20,214 22,334 24,454
EBIT 1 13,349 9,219 12,048 14,842 10,636 13,213 15,531 17,906
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 6,141 14,418 32,328
Reference price 2 24.20 23.05 39.85 37.65 30.40 34.20 34.20 34.20
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.93x0.17x7.68x4.06% 4.67B
15.52x0.44x12.74x4.67% 44.35B
30.33x4.67x23.95x2.49% 12.86B
21.9x0.34x13.3x3.68% 7.23B
21.32x0.27x11.55x4.38% 3.03B
11.22x1.2x6.25x7.01% 1.93B
Average 19.54x 1.18x 12.58x 4.38% 12.35B
Weighted average by Cap. 18.93x 1.16x 14.21x 4.2%

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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