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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 10, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	33,101	30,787	29,677	12,759	26,626	20,709
Market Cap Growth	7.52%	3.74%	132.61%	-52.08%	28.57%	-5.08%
Enterprise Value	32,851	30,343	29,946	12,837	26,352	20,694
Last Close Price	180.00	162.07	154.24	65.10	129.20	98.42
PE Ratio	68.42	45.88	65.92	23.42	31.14	38.89
Forward PE	35.10	17.50	17.50	17.50	17.50	17.50
PS Ratio	10.53	9.50	11.02	4.90	7.38	7.83
PB Ratio	10.66	9.25	9.67	4.14	8.12	7.14
P/TBV Ratio	10.69	9.27	9.69	4.15	8.14	7.15
P/FCF Ratio	80.13	29.54	59.23	56.55	37.44	27.39
P/OCF Ratio	55.29	28.35	51.87	19.83	22.59	24.33
EV/Sales Ratio	10.45	9.36	11.12	4.93	7.30	7.82
EV/EBITDA Ratio	37.66	30.18	36.40	15.64	19.86	21.27
EV/EBIT Ratio	56.41	42.07	55.24	22.13	24.94	30.10
EV/FCF Ratio	79.53	29.12	59.77	56.89	37.05	27.37
Debt / Equity Ratio	0.20	0.15	0.27	0.26	0.21	0.27
Debt / EBITDA Ratio	0.70	0.51	0.98	0.97	0.51	0.80
Debt / FCF Ratio	1.47	0.49	1.62	3.55	0.96	1.03
Net Debt / Equity Ratio	-0.08	-0.20	0.00	0.02	-0.16	-0.10
Net Debt / EBITDA Ratio	-0.29	-0.66	-0.02	0.06	-0.40	-0.29
Net Debt / FCF Ratio	-0.60	-0.64	-0.03	0.21	-0.74	-0.38
Asset Turnover	0.69	0.71	0.60	0.56	0.79	0.61
Inventory Turnover	3.05	3.49	3.20	3.36	5.30	4.36
Quick Ratio	1.67	2.08	1.81	1.43	1.31	1.51
Current Ratio	2.63	3.06	2.56	2.21	1.68	1.94
Return on Equity (ROE)	15.44%	20.97%	14.64%	17.13%	27.67%	18.58%
Return on Assets (ROA)	8.04%	9.84%	7.54%	7.83%	14.40%	9.93%
Return on Invested Capital (ROIC)	19.07%	20.69%	14.57%	16.10%	32.00%	20.78%
Return on Capital Employed (ROCE)	15.70%	18.80%	14.30%	15.80%	30.40%	20.80%
Earnings Yield	1.47%	2.18%	1.52%	4.27%	3.21%	2.57%
FCF Yield	1.25%	3.38%	1.69%	1.77%	2.67%	3.65%
Dividend Yield	1.79%	1.98%	1.43%	3.53%	3.10%	2.63%
Payout Ratio	121.52%	60.62%	94.46%	135.78%	56.01%	86.80%
Buyback Yield / Dilution	0.18%	-0.09%	0.36%	-0.08%	0.19%	-0.70%
Total Shareholder Return	1.97%	1.90%	1.79%	3.45%	3.28%	1.93%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.