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	Apr '26 Apr 1, 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	47,629	27,860	30,787	29,677	12,759	26,626
Market Cap Growth	91.51%	-9.51%	3.74%	132.61%	-52.08%	28.57%
Enterprise Value	47,291	27,610	30,343	29,946	12,837	26,352
Last Close Price	259.00	151.50	162.07	154.24	65.10	129.20
PE Ratio	87.27	50.85	45.88	65.92	23.42	31.14
Forward PE	49.11	17.50	17.50	17.50	17.50	17.50
PS Ratio	14.09	8.24	9.50	11.02	4.90	7.38
PB Ratio	14.46	8.46	9.25	9.67	4.14	8.12
P/TBV Ratio	14.49	8.48	9.27	9.69	4.15	8.14
P/FCF Ratio	171.06	100.06	29.54	59.23	56.55	37.44
P/OCF Ratio	74.47	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	13.99	8.17	9.36	11.12	4.93	7.30
EV/EBITDA Ratio	49.25	28.87	30.18	36.40	15.64	19.86
EV/EBIT Ratio	70.66	41.25	42.07	55.24	22.13	24.94
EV/FCF Ratio	169.85	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	1.15%	1.97%	2.18%	1.52%	4.27%	3.21%
FCF Yield	0.58%	1.00%	3.38%	1.69%	1.77%	2.67%
Dividend Yield	1.02%	1.75%	1.97%	1.43%	3.53%	3.10%
Payout Ratio	107.99%	107.99%	60.62%	94.46%	135.78%	56.01%
Buyback Yield / Dilution	0.15%	0.15%	0.24%	0.36%	-0.08%	0.19%
Total Shareholder Return	1.16%	1.90%	2.22%	1.79%	3.45%	3.28%

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