| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| 2474 | 3057 | 8050 | 8093 | 6188 | | 1569 | |
| TWSE:2474 | TWSE:3057 | TPEX:8050 | TPEX:8093 | TPEX:6188 | | TPEX:1569 | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | -27.7% | -14.4% | 6.2% | -10.0% | -2.7% | | -6.9% | |
| 3Y CAGR | -23.9% | -15.5% | -3.2% | -18.7% | -9.6% | | -13.4% | |
| Latest Twelve Months | 0.1% | -1.9% | -13.6% | -23.2% | -21.6% | | -13.9% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 16.7% | -11.9% | 5.4% | -23.1% | 9.3% | | 3.5% | |
| Prior Fiscal Year | 9.0% | -21.0% | 7.6% | -26.2% | 11.1% | | -5.6% | |
| Latest Fiscal Year | 18.2% | -20.8% | 2.1% | -69.9% | 7.7% | | -14.1% | |
| Latest Twelve Months | 18.2% | -20.8% | 2.1% | -69.9% | 7.7% | | -14.1% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 4.83x | 1.22x | 2.21x | 3.64x | 1.88x | | 2.38x | |
| EV / LTM EBIT | 26.5x | -5.8x | 104.5x | -5.2x | 24.5x | | -16.9x | |
| Price / LTM Sales | 7.89x | 1.37x | 2.36x | 3.79x | 2.78x | | 1.91x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 1.22x | 2.21x | 4.83x | | | | | |
| Historical EV / LTM Revenue | 0.71x | 1.08x | 2.38x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 1.50x | 1.58x | 1.65x | | | | | |
| (x) LTM Revenue | 3,103 | 3,103 | 3,103 | | | | | |
| (=) Implied Enterprise Value | 4,644 | 4,889 | 5,133 | | | | | |
| (-) Non-shareholder Claims * | (1,432) | (1,432) | (1,432) | | | | | |
| (=) Equity Value | 3,213 | 3,457 | 3,702 | | | | | |
| (/) Shares Outstanding | 121.4 | 121.4 | 121.4 | | | | | |
| Implied Value Range | 26.45 | 28.47 | 30.48 | | | | | |
| FX Rate: TWD/TWD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 26.45 | 28.47 | 30.48 | | 48.70 | | | |
| Upside / (Downside) | -45.7% | -41.5% | -37.4% | | | | | |