Company Valuation: Nan Ya Plastics Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,77,292 5,63,088 5,27,400 2,37,132 4,77,435 15,50,476 - -
Change - -16.86% -6.34% -55.04% 101.34% 224.75% - -
Enterprise Value (EV) 1 7,42,865 6,48,015 6,37,557 3,36,621 5,64,344 16,64,201 16,47,649 16,03,950
Change - -12.77% -1.61% -47.2% 67.65% 194.89% -0.99% -2.65%
P/E 8.33x 17.5x 83.1x 61x 106x 17.8x 14.7x 10.1x
PBR 1.64x 1.5x 1.46x 0.68x 1.34x 3.83x 3.71x 3.46x
PEG - -0.3x -1x -1.6x 6.5x 0x 0.7x 0.2x
Capitalization / Revenue 1.65x 1.59x 2.03x 0.91x 1.84x 4.89x 4.37x 2.72x
EV / Revenue 1.8x 1.82x 2.45x 1.3x 2.17x 5.25x 4.65x 2.81x
EV / EBITDA 7.37x 12.3x 25.1x 14.5x 21.5x 36.2x 25.2x 12.6x
EV / EBIT 9.17x 20.2x 321x 752x 152x 51x 40.1x 15.6x
EV / FCF 14.9x 14.7x 54.4x 54.8x -211x 28.6x 13.2x 9.5x
FCF Yield 6.69% 6.8% 1.84% 1.83% -0.47% 3.5% 7.56% 10.5%
Dividend per Share 2 7.5 - - - 0.8 4.33 6.254 15.52
Rate of return 8.78% - - - 1.33% 2.21% 3.2% 7.94%
EPS 2 10.25 4.05 0.8 0.49 0.57 10.97 13.28 19.4
Distribution rate 73.2% - - - 140% 39.5% 47.1% 80%
Net sales 1 4,11,666 3,55,183 2,59,755 2,59,608 2,59,912 3,17,002 3,54,650 5,70,192
EBITDA 1 1,00,784 52,583 25,428 23,149 26,221 45,914 65,310 1,27,199
EBIT 1 80,998 32,030 1,984 447.5 3,704 32,653 41,108 1,02,818
Net income 1 81,294 32,109 6,310 3,340 4,519 78,749 87,693 1,53,847
Net Debt 1 65,572 84,927 1,10,157 99,490 86,908 1,13,725 97,174 53,474
Reference price 2 85.40 71.00 66.50 29.90 60.20 195.50 195.50 195.50
Nbr of stocks (in thousands) 79,30,822 79,30,822 79,30,822 79,30,822 79,30,822 79,30,822 - -
Announcement Date 10/01/22 08/03/23 12/03/24 11/03/25 11/03/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.01x5.02x34.69x2.32% 4.58TCr
28.55x4.39x14.14x2.02% 13TCr
52.04x1.39x8.8x6.03% 4.16TCr
12.22x1.19x6.76x2.5% 3.33TCr
10.52x3.1x7.67x4.2% 2.5TCr
6.53x0.84x5.66x4.54% 1.96TCr
102.33x17.72x66.66x0.06% 1.79TCr
16.42x0.74x5.96x1.33% 1.65TCr
14.39x - - - 1.62TCr
9.61x0.87x7.68x3.65% 1.61TCr
Average 26.96x 3.92x 17.56x 2.96% 3.61TCr
Weighted average by Cap. 27.46x 3.86x 16.59x 2.83%

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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