Financials Powertech Industrial Co., Ltd.

Equities

3296

TW0003296000

Electrical Components & Equipment

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
23.55 TWD -2.48% Intraday chart for Powertech Industrial Co., Ltd. -7.65% +16.01%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,444 1,449 1,572 1,843 1,557 1,964
Enterprise Value (EV) 1 595 507.5 863.6 1,944 1,630 1,841
P/E ratio 14.6 x 56.7 x 70.2 x -11.6 x -23.3 x -22.4 x
Yield 6.8% 1.83% 1.42% - - -
Capitalization / Revenue 0.46 x 0.51 x 0.63 x 0.58 x 0.61 x 1.32 x
EV / Revenue 0.19 x 0.18 x 0.34 x 0.61 x 0.64 x 1.24 x
EV / EBITDA 4.72 x 3.57 x 9.49 x -16.4 x -60.6 x -68 x
EV / FCF 7.08 x 1.54 x -8.62 x -5.12 x -59.4 x 7.77 x
FCF Yield 14.1% 64.8% -11.6% -19.5% -1.68% 12.9%
Price to Book 0.9 x 0.97 x 1.07 x 1.45 x 1.25 x 1.72 x
Nbr of stocks (in thousands) 98,224 98,224 96,724 96,724 96,724 96,724
Reference price 2 14.70 14.75 16.25 19.05 16.10 20.30
Announcement Date 3/25/19 3/13/20 3/23/21 3/30/22 3/31/23 3/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,141 2,813 2,512 3,194 2,559 1,490
EBITDA 1 126.1 142.2 91.02 -118.7 -26.9 -27.07
EBIT 1 62.35 85.24 40.63 -159.9 -96.7 -111.4
Operating Margin 1.99% 3.03% 1.62% -5.01% -3.78% -7.48%
Earnings before Tax (EBT) 1 110.8 35.9 49.12 -162 -46.23 -90.4
Net income 1 99.16 26.04 22.48 -158.3 -66.81 -87.7
Net margin 3.16% 0.93% 0.89% -4.96% -2.61% -5.89%
EPS 2 1.010 0.2600 0.2314 -1.637 -0.6907 -0.9067
Free Cash Flow 1 84 328.7 -100.2 -379.8 -27.45 237
FCF margin 2.67% 11.69% -3.99% -11.89% -1.07% 15.9%
FCF Conversion (EBITDA) 66.62% 231.21% - - - -
FCF Conversion (Net income) 84.71% 1,262.59% - - - -
Dividend per Share 2 1.000 0.2700 0.2300 - - -
Announcement Date 3/25/19 3/13/20 3/23/21 3/30/22 3/31/23 3/15/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 101 72.9 -
Net Cash position 1 849 941 708 - - 122
Leverage (Debt/EBITDA) - - - -0.8537 x -2.71 x -
Free Cash Flow 1 84 329 -100 -380 -27.4 237
ROE (net income / shareholders' equity) 6.3% 1.68% 2.74% -11.6% -5.29% -7.33%
ROA (Net income/ Total Assets) 1.65% 2.3% 1.09% -3.95% -2.36% -3%
Assets 1 6,002 1,135 2,061 4,003 2,826 2,918
Book Value Per Share 2 16.40 15.20 15.20 13.20 12.90 11.80
Cash Flow per Share 2 8.310 9.780 9.400 4.220 5.790 6.390
Capex 1 47.8 32.6 49.5 210 99.8 45.5
Capex / Sales 1.52% 1.16% 1.97% 6.57% 3.9% 3.06%
Announcement Date 3/25/19 3/13/20 3/23/21 3/30/22 3/31/23 3/15/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
1
Last Close Price
23.55
Average target price
-
Consensus
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