Visual Photonics Epitaxy Ratios and Metrics

Market cap in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	43,675	27,860	30,787	29,677	12,759	26,626
Market Cap Growth	50.93%	-9.51%	3.74%	132.61%	-52.08%	28.57%
Enterprise Value	43,337	27,610	30,343	29,946	12,837	26,352
Last Close Price	237.50	151.50	162.07	154.24	65.10	129.20
PE Ratio	80.02	50.85	45.88	65.92	23.42	31.14
Forward PE	44.94	17.50	17.50	17.50	17.50	17.50
PS Ratio	12.92	8.24	9.50	11.02	4.90	7.38
PB Ratio	13.26	8.46	9.25	9.67	4.14	8.12
P/TBV Ratio	13.29	8.48	9.27	9.69	4.15	8.14
P/FCF Ratio	156.86	100.06	29.54	59.23	56.55	37.44
P/OCF Ratio	68.29	43.56	28.35	51.87	19.83	22.59
PEG Ratio	-	5.00	5.00	5.00	5.00	5.00
EV/Sales Ratio	12.82	8.17	9.36	11.12	4.93	7.30
EV/EBITDA Ratio	45.13	28.75	30.18	36.40	15.64	19.86
EV/EBIT Ratio	64.75	41.25	42.07	55.24	22.13	24.94
EV/FCF Ratio	155.65	99.16	29.12	59.77	56.89	37.05
Debt / Equity Ratio	0.18	0.18	0.15	0.27	0.26	0.21
Debt / EBITDA Ratio	0.63	0.63	0.51	0.98	0.97	0.51
Debt / FCF Ratio	2.18	2.18	0.49	1.62	3.55	0.96
Net Debt / Equity Ratio	-0.10	-0.10	-0.20	0.00	0.02	-0.16
Net Debt / EBITDA Ratio	-0.35	-0.35	-0.66	-0.02	0.06	-0.40
Net Debt / FCF Ratio	-1.21	-1.21	-0.64	-0.03	0.21	-0.74
Asset Turnover	0.73	0.73	0.71	0.60	0.56	0.79
Inventory Turnover	3.26	3.26	3.49	3.20	3.36	5.30
Quick Ratio	1.88	1.88	2.08	1.81	1.43	1.31
Current Ratio	2.96	2.96	3.06	2.56	2.21	1.68
Return on Equity (ROE)	16.54%	16.54%	20.97%	14.64%	17.13%	27.67%
Return on Assets (ROA)	9.04%	9.04%	9.84%	7.54%	7.83%	14.40%
Return on Invested Capital (ROIC)	18.91%	19.55%	20.69%	14.57%	16.10%	32.00%
Return on Capital Employed (ROCE)	17.20%	17.20%	18.80%	14.30%	15.80%	30.40%
Earnings Yield	1.25%	1.97%	2.18%	1.52%	4.27%	3.21%
FCF Yield	0.64%	1.00%	3.38%	1.69%	1.77%	2.67%
Dividend Yield	1.12%	-	1.98%	1.43%	3.53%	3.10%
Payout Ratio	107.99%	107.99%	60.62%	94.46%	135.78%	56.01%
Buyback Yield / Dilution	0.22%	0.22%	-0.09%	0.36%	-0.08%	0.19%
Total Shareholder Return	1.57%	0.22%	1.90%	1.79%	3.45%	3.28%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.