Financials Litemax Electronics Inc.

Equities

4995

TW0004995006

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
57.3 TWD -0.52% Intraday chart for Litemax Electronics Inc. +3.80% +20.89%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,216 2,021 1,592 1,550 1,580 1,995
Enterprise Value (EV) 1 1,211 1,931 1,477 1,947 1,656 2,106
P/E ratio 12.5 x 11.9 x 23.2 x 14 x 7.63 x 13.4 x
Yield 6.54% 7.6% 4.72% 6.75% 11.1% 6.75%
Capitalization / Revenue 1.18 x 1.53 x 1.65 x 1.28 x 1.16 x 1.64 x
EV / Revenue 1.17 x 1.47 x 1.53 x 1.61 x 1.21 x 1.73 x
EV / EBITDA 8.97 x 8.09 x 14.9 x 12.8 x 7.3 x 10.3 x
EV / FCF -124 x 11.2 x 8.77 x -3.14 x 7.81 x 12.6 x
FCF Yield -0.81% 8.9% 11.4% -31.9% 12.8% 7.93%
Price to Book 1.52 x 2.27 x 1.97 x 1.83 x 1.65 x 2.12 x
Nbr of stocks (in thousands) 37,027 41,496 41,787 41,839 41,908 42,086
Reference price 2 32.85 48.70 38.10 37.05 37.70 47.40
Announcement Date 3/28/19 3/22/20 3/9/21 3/8/22 3/7/23 3/7/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,032 1,318 963.2 1,208 1,367 1,219
EBITDA 1 134.9 238.8 98.84 152 226.8 203.9
EBIT 1 117.6 219.1 79.22 131.3 203.5 186.8
Operating Margin 11.39% 16.63% 8.22% 10.87% 14.88% 15.32%
Earnings before Tax (EBT) 1 124.9 221.1 78.12 130.5 253.7 185.5
Net income 1 100.8 171.9 69.21 112.1 210.2 151.6
Net margin 9.77% 13.05% 7.19% 9.29% 15.37% 12.43%
EPS 2 2.626 4.090 1.640 2.650 4.940 3.550
Free Cash Flow 1 -9.75 171.9 168.5 -620.3 212.1 167
FCF margin -0.94% 13.04% 17.5% -51.36% 15.51% 13.69%
FCF Conversion (EBITDA) - 71.97% 170.52% - 93.53% 81.88%
FCF Conversion (Net income) - 99.96% 243.53% - 100.91% 110.12%
Dividend per Share 2 2.150 3.700 1.799 2.500 4.200 3.200
Announcement Date 3/28/19 3/22/20 3/9/21 3/8/22 3/7/23 3/7/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 397 76.3 111
Net Cash position 1 5.82 89.7 115 - - -
Leverage (Debt/EBITDA) - - - 2.61 x 0.3363 x 0.5427 x
Free Cash Flow 1 -9.75 172 169 -620 212 167
ROE (net income / shareholders' equity) 14.8% 20.3% 8.14% 13.5% 23.2% 15.9%
ROA (Net income/ Total Assets) 5.71% 10.1% 3.81% 5.34% 7.08% 6.79%
Assets 1 1,765 1,697 1,816 2,100 2,968 2,233
Book Value Per Share 2 21.70 21.50 19.40 20.30 22.90 22.40
Cash Flow per Share 2 6.570 5.370 6.970 5.430 6.850 6.070
Capex 1 10.8 9.41 8.97 682 10.6 26.6
Capex / Sales 1.05% 0.71% 0.93% 56.48% 0.78% 2.18%
Announcement Date 3/28/19 3/22/20 3/9/21 3/8/22 3/7/23 3/7/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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