| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| 981 | TSEM | GFS | 5347 | 6770 | | 1347 | |
| SEHK:981 | NasdaqGS:TSEM | NasdaqGS:GFS | TPEX:5347 | TWSE:6770 | | SEHK:1347 | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 20.8% | 3.1% | 3.0% | 9.3% | 4.5% | | 16.5% | |
| 3Y CAGR | 13.8% | -1.6% | 0.8% | 0.1% | -12.0% | | 7.1% | |
| Latest Twelve Months | 27.0% | 0.9% | -8.7% | 15.1% | 1.6% | | -12.3% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 8.0% | 12.2% | 3.9% | 24.6% | 12.1% | | 7.3% | |
| Prior Fiscal Year | 1.9% | 14.1% | 16.2% | 15.1% | -7.1% | | 6.7% | |
| Latest Fiscal Year | 3.6% | 12.9% | 10.8% | 16.1% | -16.9% | | -7.8% | |
| Latest Twelve Months | 3.6% | 12.9% | 10.8% | 16.1% | -16.9% | | -7.8% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 8.50x | 2.02x | 2.75x | 3.17x | 2.35x | | 4.01x | |
| EV / LTM EBIT | 238.7x | 15.7x | 25.5x | 19.6x | -13.9x | | -51.6x | |
| Price / LTM Sales | 7.69x | 2.75x | 3.02x | 4.12x | 1.53x | | 4.02x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 2.02x | 2.75x | 8.50x | | | | | |
| Historical EV / LTM Revenue | 1.44x | 4.01x | 8.03x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 3.30x | 3.48x | 3.65x | | | | | |
| (x) LTM Revenue | 2,004 | 2,004 | 2,004 | | | | | |
| (=) Implied Enterprise Value | 6,621 | 6,969 | 7,318 | | | | | |
| (-) Non-shareholder Claims * | 8 | 8 | 8 | | | | | |
| (=) Equity Value | 6,628 | 6,977 | 7,325 | | | | | |
| (/) Shares Outstanding | 2,127.1 | 2,127.1 | 2,127.1 | | | | | |
| Implied Value Range | 3.12 | 3.28 | 3.44 | | | | | |
| FX Rate: USD/HKD | 0.1 | 0.1 | 0.1 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 24.24 | 25.52 | 26.79 | | 32.50 | | | |
| Upside / (Downside) | -25.4% | -21.5% | -17.6% | | | | | |