Financials Mega Financial Holding Co., Ltd.

Equities

2886

TW0002886009

Banks

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
39.1 TWD +0.26% Intraday chart for Mega Financial Holding Co., Ltd. +1.03% -0.26%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 416,155 405,275 483,474 423,074 550,812 563,092 - -
Enterprise Value (EV) 1 416,155 405,275 483,474 423,074 550,812 563,092 563,092 563,092
P/E ratio 14.4 x 16.2 x 18.8 x 23 x 16.5 x 16.6 x 16.8 x 16.4 x
Yield 5.56% 5.3% 3.94% - - 4.46% 4.36% 4.45%
Capitalization / Revenue 6.38 x 6.66 x 8.03 x 7.55 x 7.12 x 7.36 x 7.38 x 7.61 x
EV / Revenue 6.38 x 6.66 x 8.03 x 7.55 x 7.12 x 7.36 x 7.38 x 7.61 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.28 x 1.24 x 1.47 x - - 1.58 x 1.55 x 1.56 x
Nbr of stocks (in thousands) 14,051,338 14,051,338 14,051,338 14,051,338 14,051,338 14,401,338 - -
Reference price 2 29.62 28.84 34.41 30.11 39.20 39.10 39.10 39.10
Announcement Date 3/31/20 3/30/21 3/15/22 3/15/23 3/13/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 65,275 60,810 60,231 56,050 77,322 76,518 76,288 73,980
EBITDA - - - - - - - -
EBIT 1 34,376 31,709 30,625 26,379 43,734 44,146 43,287 -
Operating Margin 52.66% 52.15% 50.85% 47.06% 56.56% 57.69% 56.74% -
Earnings before Tax (EBT) 1 33,654 29,331 28,656 21,144 37,048 37,876 36,530 38,160
Net income 1 28,956 25,018 25,731 18,335 33,247 33,523 32,514 34,117
Net margin 44.36% 41.14% 42.72% 32.71% 43% 43.81% 42.62% 46.12%
EPS 2 2.062 1.781 1.829 1.310 2.370 2.358 2.321 2.389
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.645 1.529 1.355 - - 1.745 1.705 1.741
Announcement Date 3/31/20 3/30/21 3/15/22 3/15/23 3/13/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 15,920 15,066 14,255 13,030 14,814 13,950 18,278 20,484 18,894 19,667 19,731 17,185 17,317 16,627 16,512
EBITDA - - - - - - - - - - - - - - -
EBIT - 7,696 7,039 5,673 - - - - 10,390 10,398 - - - - -
Operating Margin - 51.08% 49.38% 43.54% - - - - 54.99% 52.87% - - - - -
Earnings before Tax (EBT) 1 8,166 6,106 6,677 1,523 7,050 - 12,246 8,194 9,508 7,100 10,864 7,844 7,157 6,863 7,940
Net income 1 7,198 6,025 6,046 1,910 5,704 4,675 10,776 7,991 8,261 6,219 9,995 7,217 6,585 6,314 7,305
Net margin 45.21% 39.99% 42.41% 14.66% 38.5% 33.51% 58.96% 39.01% 43.72% 31.62% 50.66% 42% 38.03% 37.97% 44.24%
EPS 2 0.5130 0.4259 0.4259 0.1389 0.4068 0.3373 0.7639 0.5700 0.5900 0.4500 0.6900 0.5000 0.4600 0.4400 0.5100
Dividend per Share 2 - 1.355 - - - - - - - - - - 1.765 - -
Announcement Date 11/26/21 3/15/22 5/26/22 8/29/22 11/23/22 3/15/23 5/24/23 8/30/23 11/28/23 3/13/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 9.07% 7.69% 7.86% - - 9.74% 9.24% 9.44%
ROA (Net income/ Total Assets) 0.8% 0.66% 0.62% - - 0.73% 0.67% -
Assets 1 3,612,757 3,770,037 4,168,325 - - 4,622,555 4,822,233 -
Book Value Per Share 2 23.10 23.20 23.40 - - 24.80 25.10 25.10
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 3/31/20 3/30/21 3/15/22 3/15/23 3/13/24 - - -
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
11
Last Close Price
39.1 TWD
Average target price
36.86 TWD
Spread / Average Target
-5.72%
Consensus
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  4. Financials Mega Financial Holding Co., Ltd.