Financials Comtrend Corporation

Equities

8089

TW0008089004

Communications & Networking

End-of-day quote Taipei Exchange 03:30:00 10/05/2024 am IST 5-day change 1st Jan Change
84.3 TWD +2.31% Intraday chart for Comtrend Corporation +10.92% +51.08%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,138 1,416 2,650 1,931 1,334 3,274
Enterprise Value (EV) 1 1,755 970.2 1,545 1,411 967.7 3,131
P/E ratio 8.58 x 9.42 x 12.4 x -73.3 x 143 x -9.46 x
Yield 2.97% 5.84% 4.24% 2.94% 3.06% -
Capitalization / Revenue 0.58 x 0.58 x 1.01 x 1.16 x 0.69 x 3.68 x
EV / Revenue 0.48 x 0.4 x 0.59 x 0.85 x 0.5 x 3.52 x
EV / EBITDA 4.95 x 4.52 x 5.21 x 147 x 49.3 x -9.24 x
EV / FCF 10.8 x 5.49 x 4.56 x -3 x -7.69 x -81.3 x
FCF Yield 9.23% 18.2% 21.9% -33.3% -13% -1.23%
Price to Book 2.62 x 1.54 x 1.89 x 1.53 x 1.06 x 3.7 x
Nbr of stocks (in thousands) 48,625 48,625 56,385 57,296 58,259 58,666
Reference price 2 43.97 29.12 47.00 33.70 22.90 55.80
Announcement Date 24/04/19 31/03/20 23/03/21 14/03/22 13/03/23 20/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,656 2,450 2,616 1,663 1,922 888.7
EBITDA 1 354.8 214.7 296.4 9.568 19.64 -338.7
EBIT 1 329 188.8 270 -20.31 -12.8 -369.3
Operating Margin 9% 7.71% 10.32% -1.22% -0.67% -41.55%
Earnings before Tax (EBT) 1 336.5 189.6 238.5 -29.4 14.06 -353.2
Net income 1 267.8 159.9 203.5 -26.11 9.271 -345.8
Net margin 7.32% 6.53% 7.78% -1.57% 0.48% -38.91%
EPS 2 5.122 3.090 3.780 -0.4600 0.1598 -5.900
Free Cash Flow 1 162 176.8 338.6 -469.8 -125.9 -38.53
FCF margin 4.43% 7.22% 12.94% -28.24% -6.55% -4.34%
FCF Conversion (EBITDA) 45.67% 82.36% 114.26% - - -
FCF Conversion (Net income) 60.51% 110.54% 166.41% - - -
Dividend per Share 2 1.304 1.700 1.991 0.9917 0.7000 -
Announcement Date 24/04/19 31/03/20 23/03/21 14/03/22 13/03/23 20/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 383 446 1,105 520 366 142
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 162 177 339 -470 -126 -38.5
ROE (net income / shareholders' equity) 38.9% 18.4% 17.6% -1.96% 0.74% -32.3%
ROA (Net income/ Total Assets) 14% 6.92% 9.05% -0.65% -0.45% -13.2%
Assets 1 1,908 2,311 2,248 3,994 -2,071 2,627
Book Value Per Share 2 16.80 18.90 24.80 22.00 21.60 15.10
Cash Flow per Share 2 8.210 9.980 19.80 8.420 8.980 8.400
Capex 1 31.6 16.4 36.7 83.2 222 17.4
Capex / Sales 0.86% 0.67% 1.4% 5% 11.56% 1.96%
Announcement Date 24/04/19 31/03/20 23/03/21 14/03/22 13/03/23 20/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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