| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| 1434 | 1464 | 1449 | 1475 | 4433 | | 4401 | |
| TWSE:1434 | TWSE:1464 | TWSE:1449 | TWSE:1475 | TPEX:4433 | | TPEX:4401 | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | -4.8% | 1.9% | 3.0% | 116.6% | 15.3% | | 1.9% | |
| 3Y CAGR | -4.3% | 4.6% | 1.3% | 60.1% | 3.8% | | -7.9% | |
| Latest Twelve Months | 0.8% | 22.0% | 8.9% | 52.6% | 7.9% | | 39.2% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 2.7% | 2.1% | -4.5% | 11.1% | 2.7% | | 4.1% | |
| Prior Fiscal Year | 1.0% | -0.9% | -0.5% | 20.1% | 1.3% | | -0.3% | |
| Latest Fiscal Year | 2.3% | 6.0% | 3.3% | 24.9% | 1.0% | | 3.3% | |
| Latest Twelve Months | 2.3% | 6.0% | 3.3% | 24.9% | 1.0% | | 3.3% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 0.44x | 1.02x | 1.55x | 1.22x | 1.49x | | 1.03x | |
| EV / LTM EBIT | 18.9x | 17.0x | 47.3x | 4.9x | 141.4x | | 31.6x | |
| Price / LTM Sales | 1.06x | 0.60x | 0.59x | 1.85x | 0.53x | | 0.63x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.44x | 1.22x | 1.55x | | | | | |
| Historical EV / LTM Revenue | 1.03x | 1.29x | 1.87x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 1.26x | 1.33x | 1.39x | | | | | |
| (x) LTM Revenue | 3,922 | 3,922 | 3,922 | | | | | |
| (=) Implied Enterprise Value | 4,938 | 5,198 | 5,457 | | | | | |
| (-) Non-shareholder Claims * | (1,593) | (1,593) | (1,593) | | | | | |
| (=) Equity Value | 3,345 | 3,605 | 3,865 | | | | | |
| (/) Shares Outstanding | 122.7 | 122.7 | 122.7 | | | | | |
| Implied Value Range | 27.26 | 29.38 | 31.50 | | | | | |
| FX Rate: TWD/TWD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 27.26 | 29.38 | 31.50 | | 18.10 | | | |
| Upside / (Downside) | 50.6% | 62.3% | 74.0% | | | | | |