Company Valuation: Primax Electronics Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 25,813 25,435 31,343 35,397 36,186 32,041 -
Change - -1.47% 23.23% 12.93% 2.23% -11.46% -
Enterprise Value (EV) 1 24,466 20,104 21,903 24,143 28,018 23,208 22,483
Change - -17.83% 8.95% 10.23% 16.05% -17.17% -3.12%
P/E 11.1x 9.22x 12.3x 13.5x 13.5x 10.9x 10.3x
PBR 1.82x 1.56x 1.84x 1.78x 1.75x 1.42x 1.49x
PEG - 0.5x -1.42x 6.75x 7.57x 1.2x 1.71x
Capitalization / Revenue 0.36x 0.32x 0.52x 0.61x 0.6x 0.49x 0.46x
EV / Revenue 0.34x 0.25x 0.36x 0.41x 0.47x 0.36x 0.32x
EV / EBITDA 5.15x 3.84x 4.7x 5.54x 6.6x 5.44x 4.48x
EV / EBIT 8.7x 6.01x 7.99x 8.84x 9.86x 7.21x 6.88x
EV / FCF -17.8x 4.72x 3.56x 5.68x 32.3x 8.99x 7.03x
FCF Yield -5.6% 21.2% 28.1% 17.6% 3.1% 11.1% 14.2%
Dividend per Share 2 3.1 3.9 4 4.2 4.568 4.33 5.22
Rate of return 5.47% 7.03% 5.91% 5.53% 5.95% 6.38% 7.69%
EPS 2 5.09 6.02 5.5 5.61 5.71 6.23 6.605
Distribution rate 60.9% 64.8% 72.7% 74.9% 80% 69.5% 79%
Net sales 1 71,650 79,241 60,488 58,244 60,182 65,241 70,093
EBITDA 1 4,754 5,232 4,656 4,354 4,245 4,268 5,013
EBIT 1 2,813 3,345 2,743 2,731 2,842 3,218 3,268
Net income 1 2,298 2,743 2,485 2,557 2,627 2,934 3,044
Net Debt 1 -1,347 -5,332 -9,440 -11,254 -8,168 -8,833 -9,558
Reference price 2 56.70 55.50 67.70 76.00 76.80 67.90 67.90
Nbr of stocks (in thousands) 4,55,263 4,58,289 4,62,974 4,65,745 4,71,175 4,71,881 -
Announcement Date 25/02/22 24/02/23 26/02/24 17/02/25 26/02/26 - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.9x0.36x5.44x6.38% 100Cr
15.65x0.61x5.59x2.8% 550.85Cr
22.79x3.98x15.98x1.87% 442.03Cr
11.63x0.61x3.83x6.82% 239.71Cr
13.71x - - 4.4% 64Cr
Average 14.94x 1.39x 7.71x 4.45% 279.15Cr
Weighted average by Cap. 16.80x 1.71x 8.71x 3.52%

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

  1. Stock Market
  2. Stocks
  3. 4915 Stock
  4. Valuation Primax Electronics Ltd.