| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| 2941 | 2949 | 2247 | 6154 | 2947 | | 6908 | |
| TPEX:2941 | TPEX:2949 | TWSE:2247 | TPEX:6154 | TPEX:2947 | | TPEX:6908 | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 34.2% | NM- | 11.3% | -0.8% | 9.2% | | NM- | |
| 3Y CAGR | 31.4% | 21.6% | 11.0% | -10.3% | 7.9% | | 107.6% | |
| Latest Twelve Months | 10.6% | 9.0% | 13.4% | -0.5% | 10.5% | | 13.5% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 7.3% | 4.2% | 3.8% | 1.9% | 6.4% | | 2.2% | |
| Prior Fiscal Year | 9.9% | 4.8% | 4.3% | 1.2% | 3.5% | | 2.1% | |
| Latest Fiscal Year | 7.5% | 2.6% | 4.1% | 1.2% | 4.2% | | 1.7% | |
| Latest Twelve Months | 7.5% | 2.6% | 4.1% | 1.2% | 4.2% | | 1.1% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 1.11x | 0.49x | 0.44x | 0.31x | 1.43x | | 0.63x | |
| EV / LTM EBIT | 14.9x | 19.0x | 10.9x | 25.5x | 34.2x | | 57.0x | |
| Price / LTM Sales | 1.23x | 0.46x | 0.43x | 0.34x | 0.75x | | 0.54x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.31x | 0.49x | 1.43x | | | | | |
| Historical EV / LTM Revenue | 0.73x | 1.00x | 1.27x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 0.80x | 0.84x | 0.88x | | | | | |
| (x) LTM Revenue | 4,306 | 4,306 | 4,306 | | | | | |
| (=) Implied Enterprise Value | 3,435 | 3,616 | 3,797 | | | | | |
| (-) Non-shareholder Claims * | (420) | (420) | (420) | | | | | |
| (=) Equity Value | 3,016 | 3,196 | 3,377 | | | | | |
| (/) Shares Outstanding | 35.0 | 35.0 | 35.0 | | | | | |
| Implied Value Range | 86.16 | 91.33 | 96.49 | | | | | |
| FX Rate: TWD/TWD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 86.16 | 91.33 | 96.49 | | 65.90 | | | |
| Upside / (Downside) | 30.7% | 38.6% | 46.4% | | | | | |