Financials Century Iron and Steel Industrial Co.,Ltd.

Equities

9958

TW0009958009

Construction & Engineering

End-of-day quote Taiwan S.E. 03:30:00 27/05/2024 am IST 5-day change 1st Jan Change
297 TWD -0.83% Intraday chart for Century Iron and Steel Industrial Co.,Ltd. +17.62% +70.20%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 15,119 23,344 25,556 20,590 41,176 70,789 -
Enterprise Value (EV) 1 15,119 22,668 33,161 28,506 41,176 70,789 70,789
P/E ratio - 25.5 x 20.7 x 56.1 x 42 x 34.9 x 27.4 x
Yield - 3.74% 2.71% 0.56% - - -
Capitalization / Revenue 6.29 x 3.64 x 2.57 x 2.23 x 2.84 x 4.81 x 3.99 x
EV / Revenue 6.29 x 3.64 x 2.57 x 2.23 x 2.84 x 4.81 x 3.99 x
EV / EBITDA 66 x 12.9 x 12 x 30.3 x - 15.9 x 13.6 x
EV / FCF 121 x -24.4 x -5.7 x -9.72 x -8.82 x -157 x -
FCF Yield 0.82% -4.1% -17.5% -10.3% -11.3% -0.64% -
Price to Book 3.4 x 3.36 x 3.5 x 2.95 x 4.61 x 6.92 x -
Nbr of stocks (in thousands) 2,09,408 2,18,172 2,31,279 2,32,396 2,35,966 2,38,347 -
Reference price 2 72.20 107.0 110.5 88.60 174.5 297.0 297.0
Announcement Date 24/03/20 03/03/21 31/03/22 31/03/23 08/03/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 2,402 6,409 9,935 9,222 14,516 14,704 17,745
EBITDA 1 228.9 1,809 2,136 678.7 - 4,460 5,187
EBIT 1 115.8 1,523 1,748 92.56 1,956 3,288 3,811
Operating Margin 4.82% 23.77% 17.6% 1% 13.48% 22.36% 21.48%
Earnings before Tax (EBT) 1 - 1,477 1,909 165.5 1,681 3,014 3,470
Net income 1 - 935.2 1,258 369.5 1,047 2,090 2,776
Net margin - 14.59% 12.66% 4.01% 7.21% 14.21% 15.64%
EPS 2 - 4.200 5.350 1.580 4.150 8.515 10.83
Free Cash Flow 1 124.5 -956.7 -4,480 -2,119 -4,668 -452 -
FCF margin 5.18% -14.93% -45.09% -22.98% -32.16% -3.07% -
FCF Conversion (EBITDA) 54.39% - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share - 4.000 3.000 0.5000 - - -
Announcement Date 24/03/20 03/03/21 31/03/22 31/03/23 08/03/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 2,545 2,224 1,741 2,313 2,945 2,675 3,219 3,645 4,976 3,166 3,217 4,226 3,988 4,308
EBITDA - - - - - - - - - - - - - -
EBIT 1 195.3 432.7 -106.2 91.4 -325.4 73.13 302.3 542.4 1,038 850 613 794 859 963
Operating Margin 7.67% 19.46% -6.1% 3.95% -11.05% 2.73% 9.39% 14.88% 20.86% 26.85% 19.06% 18.79% 21.54% 22.35%
Earnings before Tax (EBT) 1 205.6 504.5 -56.55 195.5 -478.5 -4.6 254 560.7 871 840 514 708 795 870
Net income 1 181.6 339.3 12.7 158.5 -141.4 47.79 230.8 311.8 456.2 672 411 567 636 696
Net margin 7.13% 15.26% 0.73% 6.85% -4.8% 1.79% 7.17% 8.55% 9.17% 21.23% 12.78% 13.42% 15.95% 16.16%
EPS 2 0.7700 1.440 0.0500 0.6800 -0.6000 0.2000 0.9800 1.270 1.790 2.620 1.600 2.210 2.480 2.710
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 31/03/22 13/05/22 15/08/22 11/11/22 31/03/23 15/05/23 11/08/23 10/11/23 08/03/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - 7,605 7,916 - - -
Net Cash position - 677 - - - - -
Leverage (Debt/EBITDA) - - 3.56 x 11.66 x - - -
Free Cash Flow 1 125 -957 -4,480 -2,119 -4,668 -452 -
ROE (net income / shareholders' equity) 14.1% 16.4% 17.9% 5.19% 13.2% 14.9% 16.5%
ROA (Net income/ Total Assets) 6.87% 6.57% 5.69% 1.31% 3.2% 5.78% 6.38%
Assets 1 - 14,234 22,108 28,114 32,707 36,159 43,511
Book Value Per Share 2 21.20 31.90 31.60 30.00 37.80 42.90 -
Cash Flow per Share - - - - - - -
Capex 1 936 2,217 3,723 3,486 4,291 4,600 5,200
Capex / Sales 38.95% 34.59% 37.48% 37.8% 29.56% 31.28% 29.3%
Announcement Date 24/03/20 03/03/21 31/03/22 31/03/23 08/03/24 - -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
297 TWD
Average target price
248 TWD
Spread / Average Target
-16.50%
Consensus
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