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Pegatron Corp
TWSE:4938

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Pegatron Corp
TWSE:4938
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Price: 84.7 TWD 0.83% Market Closed
Market Cap: NT$227.2B

EV/EBITDA

5.5
Current
6%
Cheaper
vs 3-y average of 5.8

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
5.5
=
Enterprise Value
NT$127B
/
EBITDA
NT$26.3B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
5.5
=
Enterprise Value
NT$127B
/
EBITDA
NT$26.3B

Valuation Scenarios

Pegatron Corp is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (5.8), the stock would be worth NT$89.96 (6% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-5%
Maximum Upside
+164%
Average Upside
82%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 5.5 NT$84.7
0%
3-Year Average 5.8 NT$89.96
+6%
5-Year Average 5.2 NT$80.12
-5%
Industry Average 14.5 NT$222.84
+163%
Country Average 14.6 NT$223.97
+164%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
NT$127B
/
Jan 2026
NT$26.3B
=
5.5
Current
NT$127B
/
Dec 2026
NT$34.5B
=
3.7
Forward
NT$127B
/
Dec 2027
NT$38.4B
=
3.3
Forward
NT$127B
/
Dec 2028
NT$34.2B
=
3.7
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
TW
Pegatron Corp
TWSE:4938
227.2B TWD 5.5 15.8
US
Apple Inc
NASDAQ:AAPL
4T USD 26.3 34.1
KR
Samsung Electronics Co Ltd
KRX:005930
1 442.1T KRW 15.1 33.6
US
SanDisk Corp
NASDAQ:SNDK
138B USD 0 0
US
Dell Technologies Inc
NYSE:DELL
140.6B USD 18.3 23.7
US
Western Digital Corp
NASDAQ:WDC
137.1B USD 39.8 36.7
IE
Seagate Technology Holdings PLC
NASDAQ:STX
128B USD 45.8 65
CN
Xiaomi Corp
HKEX:1810
828.3B HKD 18.2 17.2
SG
Seagate Technology Holdings PLC
XBER:847
72.8B EUR 30.9 43.5
TW
Quanta Computer Inc
TWSE:2382
1.3T TWD 13.5 16.6
US
Hewlett Packard Enterprise Co
NYSE:HPE
37.1B USD 10.5 -158.6

Market Distribution

Lower than 93% of companies in Taiwan
Percentile
7th
Based on 771 companies
7th percentile
5.5
Low
0.8 — 10.5
Typical Range
10.5 — 22.8
High
22.8 —
Distribution Statistics
Taiwan
Min 0.8
30th Percentile 10.5
Median 14.6
70th Percentile 22.8
Max 2 788.3

Pegatron Corp
Glance View

Market Cap
227.2B TWD
Industry
Technology

Pegatron Corporation, a stalwart in the electronics manufacturing industry, operates in the bustling world of technology assembly. Spun off from ASUS in 2008, Pegatron has carved out a significant presence as a leading design and manufacturing service provider, crafting many of the world's highly coveted gadgets and electronic devices. Its headquarters in Taipei, Taiwan, serve as the nerve center of its global operations, but it's the unseen, intricate work on diverse product segments—from computing and communications to automotive, consumer electronics, and more—that forms the backbone of its business. Pegatron thrives by leveraging its design and engineering prowess, offering everything from product design and development to assembly and testing, thus enabling tech giants like Apple and others to bring their revolutionary products to market more efficiently. The financial engine of Pegatron is fueled by its expansive manufacturing services— a sophisticated symphony of skilled labor, advanced technology, and streamlined logistics. By partnering with major brand-name companies, Pegatron capitalizes on large-scale production contracts, where it engages in manufacturing components, assembling final products, and often expanding its involvement to include aftermarket services. This vertically integrated approach allows Pegatron to capture more of the value chain, affording it greater control over costs and margins. Moreover, its strategic diversification across various electronics sectors enables the company to weather cyclical changes in consumer demand and maintain a steady flow of revenue, underscoring its role as a vital cog in the global technology supply chain.

Intrinsic Value
177.73 TWD
Undervaluation 52%
Intrinsic Value
Price NT$84.7
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