Financials Darwin Precisions Corporation

Equities

6120

TW0006120009

Electronic Equipment & Parts

End-of-day quote Taiwan S.E. 03:30:00 15/05/2024 am IST 5-day change 1st Jan Change
15.5 TWD 0.00% Intraday chart for Darwin Precisions Corporation -0.96% +15.67%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 10,682 10,083 9,384 10,649 5,864 8,918
Enterprise Value (EV) 1 7,342 7,323 7,628 8,464 5,663 5,645
P/E ratio 33.4 x -53 x -7.56 x -16.3 x 46.7 x 78.8 x
Yield 2.12% - - - 1.74% -
Capitalization / Revenue 0.5 x 0.64 x 0.66 x 0.52 x 0.41 x 0.5 x
EV / Revenue 0.34 x 0.46 x 0.53 x 0.42 x 0.39 x 0.32 x
EV / EBITDA 9.1 x 10.8 x -15 x -42.8 x -29.7 x 8.79 x
EV / FCF 321 x -21.8 x -9.16 x 20.5 x -1.7 x 3.02 x
FCF Yield 0.31% -4.58% -10.9% 4.88% -58.8% 33.1%
Price to Book 0.91 x 0.91 x 0.95 x 1.16 x 0.63 x 0.97 x
Nbr of stocks (in thousands) 6,65,555 6,65,555 6,65,555 6,65,555 6,65,555 6,65,555
Reference price 2 16.05 15.15 14.10 16.00 8.810 13.40
Announcement Date 19/02/19 27/02/20 17/02/21 17/02/22 17/02/23 07/02/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 21,362 15,852 14,290 20,284 14,466 17,770
EBITDA 1 806.8 679.4 -508 -197.9 -190.7 642.1
EBIT 1 -422.8 -417.4 -1,579 -1,277 -1,149 -277.4
Operating Margin -1.98% -2.63% -11.05% -6.29% -7.95% -1.56%
Earnings before Tax (EBT) 1 641.7 -247.3 -1,408 -481.8 389.1 -22.14
Net income 1 321.9 -190.1 -1,241 -649.2 125.7 114.7
Net margin 1.51% -1.2% -8.68% -3.2% 0.87% 0.65%
EPS 2 0.4800 -0.2857 -1.864 -0.9800 0.1888 0.1700
Free Cash Flow 1 22.86 -335.4 -832.5 413.3 -3,330 1,867
FCF margin 0.11% -2.12% -5.83% 2.04% -23.02% 10.51%
FCF Conversion (EBITDA) 2.83% - - - - 290.81%
FCF Conversion (Net income) 7.1% - - - - 1,628.64%
Dividend per Share 2 0.3400 - - - 0.1532 -
Announcement Date 19/02/19 27/02/20 17/02/21 17/02/22 17/02/23 07/02/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 3,340 2,760 1,756 2,185 200 3,273
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 22.9 -335 -833 413 -3,330 1,867
ROE (net income / shareholders' equity) 2.7% -1.66% -11.8% -6.78% 1.36% 1.24%
ROA (Net income/ Total Assets) -1.12% -1.2% -4.98% -4.03% -3.78% -0.95%
Assets 1 -28,787 15,852 24,924 16,107 -3,327 -12,039
Book Value Per Share 2 17.70 16.60 14.90 13.80 14.00 13.90
Cash Flow per Share 2 6.750 6.690 7.510 8.950 6.100 8.010
Capex 1 1,716 1,147 931 808 1,168 417
Capex / Sales 8.03% 7.24% 6.51% 3.99% 8.07% 2.35%
Announcement Date 19/02/19 27/02/20 17/02/21 17/02/22 17/02/23 07/02/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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