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 1,05,443 1,00,432 1,73,632 1,64,046 1,32,457 1,69,710 - -
Change - -4.75% 72.89% -5.52% -19.26% 28.12% - -
Enterprise Value (EV) 1 1,76,295 1,26,736 1,86,797 1,69,537 1,28,055 1,83,761 2,15,026 2,37,300
Change - -28.11% 47.39% -9.24% -24.47% 43.5% 17.01% 10.36%
P/E 8.34x 13.9x 22.8x 16.4x 22.2x 19.4x 14.4x 11.8x
PBR 0.95x 0.86x 1.47x 1.17x 1x 1.3x 1.21x 1.16x
PEG - -0.3x 4.21x 0.5x -0.5x 0.4x 0.4x 0.5x
Capitalization / Revenue 0.09x 0.09x 0.18x 0.18x 0.17x 0.18x 0.15x 0.13x
EV / Revenue 0.14x 0.12x 0.2x 0.19x 0.17x 0.19x 0.19x 0.18x
EV / EBITDA 8.71x 7.56x 9.38x 7.47x 7.2x 9.54x 8.58x 8.5x
EV / EBIT 13.2x 13.7x 15.5x 11.4x 12x 15.1x 12.3x 11.2x
EV / FCF -4.96x 2.49x 8.3x 9.34x 5.92x -9.89x -9.28x -
FCF Yield -20.2% 40.2% 12% 10.7% 16.9% -10.1% -10.8% -
Dividend per Share 2 2 1 1.2 1.4 1.1 1.133 1.699 1.858
Rate of return 8.26% 4.34% 3.01% 3.72% 3.62% 2.91% 4.36% 4.77%
EPS 2 2.9 1.66 1.75 2.3 1.37 2.012 2.708 3.302
Distribution rate 69% 60.2% 68.6% 60.9% 80.3% 56.3% 62.7% 56.3%
Net sales 1 12,35,682 10,73,246 9,46,715 9,10,253 7,57,513 9,55,419 11,37,509 13,00,395
EBITDA 1 20,252 16,763 19,922 22,710 17,782 19,264 25,059 27,926
EBIT 1 13,349 9,219 12,048 14,842 10,636 12,194 17,479 21,185
Net income 1 12,633 7,288 7,668 10,042 6,030 8,752 12,242 16,340
Net Debt 1 70,852 26,304 13,165 5,491 -4,402 14,051 45,316 67,590
Reference price 2 24.20 23.05 39.85 37.65 30.40 38.95 38.95 38.95
Nbr of stocks (in thousands) 43,57,130 43,57,130 43,57,130 43,57,130 43,57,130 43,57,130 - -
Announcement Date 16/03/22 16/03/23 01/03/24 27/02/25 10/03/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.36x0.19x9.54x2.91% 532.96Cr
12.16x0.36x10.52x6.07% 3.89TCr
32.7x5.32x25.83x2.13% 1.77TCr
17.79x0.29x12.06x4.01% 740.19Cr
16.96x0.32x9.73x4.3% 289.83Cr
12.79x1.38x7.13x6.6% 229.39Cr
Average 18.63x 1.31x 12.47x 4.34% 1.24TCr
Weighted average by Cap. 18.32x 1.55x 14.10x 4.65%

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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