Valuation Sanyang Motor Co., Ltd.

Equities

End-of-day quote Taiwan S.E. Other stock markets 2025-12-12			5-day change	1st Jan Change
61.10 ^TWD	-0.16%		-0.33%	-11.58%

Nov. 14	Sanyang Motor Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI
Nov. 13	Sanyang Motor Skips H1 Dividends; Shares Rise 4%	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024
Capitalization ¹	17,484	28,412	21,576	26,815	56,560	54,738
Change	-	62.5%	-24.06%	24.28%	110.93%	-3.22%
Enterprise Value (EV) ¹	26,044	37,285	32,117	41,419	69,644	68,011
Change	-	43.16%	-13.86%	28.96%	68.15%	-2.35%
P/E ratio	7.86x	14.8x	11.8x	8.61x	9x	11.5x
PBR	1.25x	1.93x	1.39x	1.5x	2.53x	2.18x
PEG	-	-1.3x	-2.59x	0.1x	0x	-0.5x
Capitalization / Revenue	0.52x	0.7x	0.52x	0.53x	0.88x	0.83x
EV / Revenue	0.78x	0.91x	0.77x	0.81x	1.08x	1.04x
EV / EBITDA	16.9x	11.7x	9.2x	8.93x	9.47x	9.48x
EV / EBIT	57.8x	19x	14.5x	12.1x	11.4x	11.6x
EV / FCF	-15.7x	29.7x	-39.9x	-23.3x	18.6x	27.8x
FCF Yield	-6.37%	3.36%	-2.5%	-4.3%	5.37%	3.6%
Dividend per Share ²	1.01	1.309	1.3	1.8	3	3.028
Rate of return	4.74%	3.67%	4.81%	5.32%	4.2%	4.38%
EPS ²	2.71	2.41	2.3	3.93	7.93	6.01
Distribution rate	37.3%	54.3%	56.5%	45.8%	37.8%	50.4%
Net sales ¹	33,383	40,775	41,617	50,851	64,461	65,625
EBITDA ¹	1,537	3,185	3,490	4,640	7,352	7,173
EBIT ¹	450.9	1,959	2,223	3,417	6,111	5,856
Net income ¹	2,226	1,938	1,830	3,116	6,298	4,770
Net Debt ¹	8,560	8,874	10,541	14,604	13,084	13,273
Reference price ²	21.30	35.70	27.05	33.85	71.40	69.10
Nbr of stocks (in thousands)	820,848	795,841	797,640	792,157	792,158	792,158
Announcement Date	3/31/20	3/31/21	3/31/22	3/16/23	3/15/24	3/17/25

¹TWD in Million²TWD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SANYANG MOTOR CO., LTD.	-	-	-	-	1.54B
BAJAJ AUTO LIMITED	26.76x	4.08x	20.03x	2.75%	28.03B
EICHER MOTORS LIMITED	36.88x	8.16x	33.3x	1.03%	22.06B
TVS MOTOR COMPANY LIMITED	48.44x	3.92x	30.58x	0.36%	19.16B
HERO MOTOCORP LTD	23.1x	2.34x	16x	2.96%	13.27B
YAMAHA MOTOR CO., LTD.	24.98x	0.68x	8.29x	4.31%	7.24B
YADEA GROUP HOLDINGS LTD.	11.49x	0.59x	5.59x	4.09%	4.81B
LONCIN MOTOR CO., LTD.	16.61x	1.65x	12.51x	3.81%	4.6B
HARLEY-DAVIDSON, INC.	5.44x	0.93x	4.42x	3.16%	2.64B
ZHEJIANG QIANJIANG MOTORCYCLE CO., LTD.	10.34x	-	-	6.7%	1.15B
Average	22.67x	2.79x	16.34x	3.24%	10.45B
Weighted average by Cap.	30.47x	4.11x	22.10x	2.24%