Financials King Slide Works Co., Ltd.

Equities

2059

TW0002059003

Computer Hardware

End-of-day quote Taiwan S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
1,190 TWD +0.42% Intraday chart for King Slide Works Co., Ltd. +7.21% +30.20%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 34,498 28,303 49,269 36,594 87,102 113,404 - -
Enterprise Value (EV) 1 26,384 19,253 40,939 24,790 75,366 99,366 96,770 94,456
P/E ratio 22.2 x 24.5 x 24 x 9.18 x 32.6 x 26.4 x 22.1 x -
Yield 2.21% 2.05% 2.1% 5.21% 1.55% 1.8% 2.31% 2.73%
Capitalization / Revenue 7.09 x 5.89 x 7.77 x 4.69 x 15.1 x 12.9 x 10.2 x 8.82 x
EV / Revenue 5.42 x 4.01 x 6.46 x 3.18 x 13.1 x 11.3 x 8.7 x 7.34 x
EV / EBITDA 12 x 8.92 x 14 x 6.23 x 23.9 x 19.4 x 15.2 x 12.4 x
EV / FCF 15.7 x 15.7 x 54.5 x 7.96 x 26 x 28.7 x 21.9 x -
FCF Yield 6.38% 6.36% 1.83% 12.6% 3.85% 3.48% 4.56% -
Price to Book 3.22 x 2.55 x 3.91 x 2.34 x 5.3 x 6.02 x 5.09 x 4.75 x
Nbr of stocks (in thousands) 95,297 95,297 95,297 95,297 95,297 95,297 - -
Reference price 2 362.0 297.0 517.0 384.0 914.0 1,190 1,190 1,190
Announcement Date 2/25/20 2/25/21 2/25/22 2/24/23 2/22/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,869 4,801 6,342 7,799 5,763 8,795 11,129 12,860
EBITDA 1 2,192 2,158 2,934 3,977 3,157 5,109 6,384 7,589
EBIT 1 2,015 1,962 2,720 3,753 2,888 4,918 6,187 7,218
Operating Margin 41.39% 40.85% 42.88% 48.12% 50.12% 55.92% 55.59% 56.13%
Earnings before Tax (EBT) 1 2,025 1,542 2,596 5,073 3,426 5,533 6,640 -
Net income 1 1,558 1,165 2,073 4,056 2,704 4,300 5,143 -
Net margin 32% 24.26% 32.68% 52.01% 46.93% 48.89% 46.21% -
EPS 2 16.32 12.14 21.55 41.84 28.02 45.12 53.97 -
Free Cash Flow 1 1,684 1,224 750.6 3,114 2,903 3,459 4,414 -
FCF margin 34.59% 25.5% 11.83% 39.93% 50.37% 39.33% 39.66% -
FCF Conversion (EBITDA) 76.85% 56.74% 25.58% 78.3% 91.94% 67.7% 69.15% -
FCF Conversion (Net income) 108.08% 105.11% 36.22% 76.78% 107.34% 80.44% 85.83% -
Dividend per Share 2 8.000 6.100 10.88 20.00 14.19 21.41 27.47 32.47
Announcement Date 2/25/20 2/25/21 2/25/22 2/24/23 2/22/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,758 1,817 1,724 1,937 1,988 1,161 1,314 1,423 1,865 1,815 2,101 2,371 2,648 2,308
EBITDA 1 851 854 824.6 1,000 1,059 597.1 674.9 743.6 1,142 1,074 1,205 1,385 1,514 -
EBIT 1 797.4 799 769.3 945.2 1,001 540.1 606.8 673.6 1,068 983 1,173 1,343 1,526 1,262
Operating Margin 45.35% 43.97% 44.64% 48.81% 50.37% 46.51% 46.18% 47.33% 57.26% 54.15% 55.81% 56.65% 57.65% 54.67%
Earnings before Tax (EBT) 1 818.4 776.8 1,138 1,343 731.4 570.9 1,004 1,217 633.9 1,201 1,276 1,448 1,607 1,370
Net income 1 630.8 623.7 909.8 999.1 664.9 457.7 714.7 982 550 954 930.6 1,138 1,277 1,097
Net margin 35.88% 34.33% 52.79% 51.59% 33.44% 39.41% 54.39% 69.01% 29.49% 52.55% 44.29% 48.02% 48.23% 47.52%
EPS 2 6.590 6.460 9.460 10.42 6.780 4.800 7.470 10.26 5.680 10.01 9.766 11.95 13.40 11.50
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/5/21 2/25/22 5/6/22 8/5/22 2/24/23 5/8/23 8/4/23 11/6/23 2/22/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 8,114 9,050 8,329 11,804 11,736 14,038 16,633 18,947
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,684 1,224 751 3,114 2,903 3,459 4,414 -
ROE (net income / shareholders' equity) 15% 10.7% 17.5% 28.7% 16.9% 23.2% 23.5% 20.3%
ROA (Net income/ Total Assets) 13% 8.93% 14.4% 23.4% 13.6% 18.8% 19.6% -
Assets 1 11,960 13,045 14,404 17,335 19,909 22,932 26,249 -
Book Value Per Share 2 112.0 117.0 132.0 164.0 172.0 198.0 234.0 250.0
Cash Flow per Share 2 19.00 16.70 15.90 41.10 34.40 45.10 49.40 -
Capex 1 127 369 768 824 375 624 513 -
Capex / Sales 2.61% 7.68% 12.1% 10.57% 6.51% 7.09% 4.61% -
Announcement Date 2/25/20 2/25/21 2/25/22 2/24/23 2/22/24 - - -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
1,190 TWD
Average target price
1,541 TWD
Spread / Average Target
+29.51%
Consensus
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  4. Financials King Slide Works Co., Ltd.