Financials Taiwan FamilyMart Co., Ltd.

Equities

5903

TW0005903009

Food Retail & Distribution

End-of-day quote Taipei Exchange 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
189.5 TWD 0.00% Intraday chart for Taiwan FamilyMart Co., Ltd. +0.53% +0.26%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 48,774 58,484 55,247 45,760 42,189 42,300 - -
Enterprise Value (EV) 1 65,735 49,299 51,156 42,556 38,966 34,662 33,554 33,348
P/E ratio 26.7 x 27.5 x 41.2 x - - - - -
Yield 2.97% 2.86% 1.9% 3.17% 3.07% 3.86% 4.42% -
Capitalization / Revenue 0.63 x 0.69 x 0.66 x 0.5 x 0.42 x 0.4 x 0.37 x 0.35 x
EV / Revenue 0.85 x 0.58 x 0.61 x 0.47 x 0.39 x 0.33 x 0.29 x 0.27 x
EV / EBITDA 7.3 x 4.92 x 5.53 x 4.3 x 3.62 x 4.36 x 4.67 x 5.22 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 8.16 x 8.85 x 8.72 x 6.37 x 5.62 x 5.16 x 4.72 x 4.41 x
Nbr of stocks (in thousands) 223,220 223,220 223,220 223,220 223,220 223,220 - -
Reference price 2 218.5 262.0 247.5 205.0 189.0 189.5 189.5 189.5
Announcement Date 3/23/20 3/21/21 3/23/22 3/14/23 3/14/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 77,730 85,366 83,660 90,743 99,610 106,639 114,075 122,106
EBITDA 1 9,002 10,014 9,254 9,906 10,756 7,958 7,193 6,391
EBIT 1 2,415 2,822 1,667 1,682 2,012 2,577 2,925 3,032
Operating Margin 3.11% 3.31% 1.99% 1.85% 2.02% 2.42% 2.56% 2.48%
Earnings before Tax (EBT) 2,379 2,744 1,781 - - - - -
Net income 1,831 2,130 1,344 - - - - -
Net margin 2.35% 2.49% 1.61% - - - - -
EPS 8.170 9.510 6.010 - - - - -
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 6.500 7.500 4.700 6.500 5.800 7.307 8.382 -
Announcement Date 3/23/20 3/21/21 3/23/22 3/14/23 3/14/24 - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 16,962 - - - - - - -
Net Cash position 1 - 9,185 4,091 3,204 3,222 7,638 8,746 8,952
Leverage (Debt/EBITDA) 1.884 x - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 32% 33.8% 20.8% 27.2% 21.9% 26.9% 27.9% 26.9%
ROA (Net income/ Total Assets) 4.07% 3.59% - - - - - -
Assets 44,985 59,343 - - - - - -
Book Value Per Share 2 26.80 29.60 28.40 32.20 33.60 36.70 40.10 42.90
Cash Flow per Share - - - - - - - -
Capex 3,521 2,959 - - - - - -
Capex / Sales 4.53% 3.47% - - - - - -
Announcement Date 3/23/20 3/21/21 3/23/22 3/14/23 3/14/24 - - -
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
1
Last Close Price
189.5 TWD
Average target price
205 TWD
Spread / Average Target
+8.18%
Consensus

Annual profits - Rate of surprise

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