Financials Solidwizard Technology Co., Ltd.

Equities

8416

TW0008416009

Software

End-of-day quote Taipei Exchange 06:00:00 2024-06-06 pm EDT 5-day change 1st Jan Change
185.5 TWD -3.13% Intraday chart for Solidwizard Technology Co., Ltd. +21.64% +32.50%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,526 3,258 3,244 3,456 3,272 3,949
Enterprise Value (EV) 1 2,943 2,647 2,533 2,627 2,369 3,027
P/E ratio 12.9 x 12.3 x 11.6 x 10.8 x 10.7 x 13.7 x
Yield 6% 6.06% 6.09% 6.53% 6.9% 5.71%
Capitalization / Revenue 2.96 x 2.65 x 2.51 x 2.5 x 2.35 x 2.73 x
EV / Revenue 2.47 x 2.15 x 1.96 x 1.9 x 1.7 x 2.09 x
EV / EBITDA 8.84 x 8.28 x 7.28 x 6.71 x 6.3 x 8.71 x
EV / FCF 15 x 15.2 x 10.5 x 11.2 x 10.7 x 17.4 x
FCF Yield 6.67% 6.59% 9.55% 8.96% 9.38% 5.76%
Price to Book 3.48 x 3.05 x 2.82 x 2.71 x 2.4 x 2.77 x
Nbr of stocks (in thousands) 28,211 28,211 28,211 28,211 28,211 28,211
Reference price 2 125.0 115.5 115.0 122.5 116.0 140.0
Announcement Date 3/28/19 3/25/20 3/24/21 3/24/22 3/25/23 3/22/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,189 1,229 1,290 1,382 1,394 1,447
EBITDA 1 332.9 319.9 347.7 391.5 376.4 347.7
EBIT 1 324.8 311.9 341.4 385.7 369.9 340.4
Operating Margin 27.31% 25.37% 26.46% 27.91% 26.53% 23.52%
Earnings before Tax (EBT) 1 349 335.4 356.7 412.8 397.5 364.6
Net income 1 273.4 266.4 280.7 320.3 306.1 288.6
Net margin 22.98% 21.67% 21.76% 23.18% 21.95% 19.94%
EPS 2 9.670 9.420 9.930 11.33 10.83 10.21
Free Cash Flow 1 196.2 174.5 242 235.3 222.1 174.3
FCF margin 16.5% 14.2% 18.76% 17.03% 15.93% 12.04%
FCF Conversion (EBITDA) 58.94% 54.56% 69.59% 60.09% 59.02% 50.14%
FCF Conversion (Net income) 71.78% 65.53% 86.2% 73.46% 72.57% 60.4%
Dividend per Share 2 7.500 7.000 7.000 8.000 8.000 8.000
Announcement Date 3/28/19 3/25/20 3/24/21 3/24/22 3/25/23 3/22/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 583 611 711 829 903 922
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 196 175 242 235 222 174
ROE (net income / shareholders' equity) 28.6% 25.6% 25.3% 26.4% 23.2% 20.7%
ROA (Net income/ Total Assets) 16.5% 14.7% 15.1% 15.4% 13.8% 12.1%
Assets 1 1,655 1,808 1,864 2,075 2,221 2,395
Book Value Per Share 2 35.90 37.80 40.80 45.10 48.30 50.50
Cash Flow per Share 2 19.90 21.10 24.80 29.00 31.40 32.20
Capex 1 6.96 3.46 2.17 5.72 3.4 11.8
Capex / Sales 0.59% 0.28% 0.17% 0.41% 0.24% 0.82%
Announcement Date 3/28/19 3/25/20 3/24/21 3/24/22 3/25/23 3/22/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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