Financials AboCom Systems, Inc.

Equities

2444

TW0002444007

Communications & Networking

End-of-day quote Taiwan S.E. 03:30:00 17/05/2024 am IST 5-day change 1st Jan Change
11.95 TWD -1.24% Intraday chart for AboCom Systems, Inc. +6.70% -9.47%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,194 2,270 1,422 1,463 1,681 1,341
Enterprise Value (EV) 1 2,138 2,549 1,732 1,809 2,171 1,558
P/E ratio -22.4 x -85.3 x -15 x 119 x 14 x -84.5 x
Yield - - - - - -
Capitalization / Revenue 1.82 x 1.44 x 0.8 x 0.83 x 0.93 x 0.74 x
EV / Revenue 1.77 x 1.62 x 0.98 x 1.02 x 1.2 x 0.86 x
EV / EBITDA -42.8 x 102 x -50.2 x 28.6 x 14.2 x 30.7 x
EV / FCF -10.6 x -7.87 x 121 x -35.3 x -10.4 x 6.63 x
FCF Yield -9.44% -12.7% 0.82% -2.83% -9.6% 15.1%
Price to Book 2.22 x 2.36 x 1.65 x 1.68 x 1.69 x 1.37 x
Nbr of stocks (in thousands) 1,01,569 1,01,569 1,01,570 1,01,570 1,01,570 1,01,570
Reference price 2 21.60 22.35 14.00 14.40 16.55 13.20
Announcement Date 28/03/19 05/05/20 30/03/21 30/03/22 29/03/23 15/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,208 1,576 1,774 1,768 1,802 1,822
EBITDA 1 -49.94 25.1 -34.51 63.2 152.4 50.8
EBIT 1 -97.75 -17.94 -78.44 25.55 117.2 1.714
Operating Margin -8.09% -1.14% -4.42% 1.45% 6.5% 0.09%
Earnings before Tax (EBT) 1 -90.76 -26.62 -107.4 13.47 151 -6.526
Net income 1 -99.1 -26.62 -94.76 12.24 120 -15.87
Net margin -8.2% -1.69% -5.34% 0.69% 6.66% -0.87%
EPS 2 -0.9635 -0.2621 -0.9330 0.1205 1.180 -0.1563
Free Cash Flow 1 -201.7 -323.9 14.26 -51.22 -208.5 234.9
FCF margin -16.7% -20.55% 0.8% -2.9% -11.57% 12.89%
FCF Conversion (EBITDA) - - - - - 462.33%
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 28/03/19 05/05/20 30/03/21 30/03/22 29/03/23 15/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 279 310 347 490 218
Net Cash position 1 56.3 - - - - -
Leverage (Debt/EBITDA) - 11.11 x -8.973 x 5.487 x 3.218 x 4.283 x
Free Cash Flow 1 -202 -324 14.3 -51.2 -208 235
ROE (net income / shareholders' equity) -9.04% -2.73% -10.4% 1.41% 12.9% -1.61%
ROA (Net income/ Total Assets) -4.32% -0.75% -2.74% 0.86% 3.7% 0.05%
Assets 1 2,292 3,545 3,458 1,426 3,246 -30,938
Book Value Per Share 2 9.740 9.470 8.500 8.590 9.780 9.650
Cash Flow per Share 2 0.8000 1.270 2.100 1.910 1.560 3.790
Capex 1 10.9 16.7 56.1 57.2 93.9 165
Capex / Sales 0.9% 1.06% 3.16% 3.24% 5.21% 9.06%
Announcement Date 28/03/19 05/05/20 30/03/21 30/03/22 29/03/23 15/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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