Financials DV Biomed Co., Ltd.

Equities

6539

TW0006539000

Biotechnology & Medical Research

End-of-day quote Taipei Exchange 03:30:00 10/05/2024 am IST 5-day change 1st Jan Change
45.5 TWD -1.09% Intraday chart for DV Biomed Co., Ltd. +1.11% -7.43%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,621 3,018 4,193 3,479 3,287 2,914
Enterprise Value (EV) 1 2,000 2,741 3,905 3,102 3,168 3,025
P/E ratio 18.2 x 18.2 x 13.9 x 11.4 x 11.8 x 18 x
Yield 4.67% 3.25% 5.69% 7.52% 9.64% -
Capitalization / Revenue 1.4 x 1.56 x 2.31 x 1.9 x 1.76 x 1.89 x
EV / Revenue 1.07 x 1.42 x 2.16 x 1.7 x 1.69 x 1.97 x
EV / EBITDA 8.18 x 11.1 x 10.8 x 5.98 x 6.37 x 11.5 x
EV / FCF 34.8 x 42.9 x 12.4 x 8.28 x 9.72 x -3,426 x
FCF Yield 2.87% 2.33% 8.07% 12.1% 10.3% -0.03%
Price to Book 2.74 x 2.94 x 3.46 x 2.95 x 2.87 x 2.81 x
Nbr of stocks (in thousands) 61,720 61,720 60,850 60,459 59,758 59,292
Reference price 2 42.47 48.90 68.91 57.54 55.00 49.15
Announcement Date 18/04/19 15/04/20 15/04/21 25/04/22 20/04/23 11/04/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,866 1,930 1,812 1,827 1,871 1,538
EBITDA 1 244.4 247.9 360.4 518.9 497.6 264.1
EBIT 1 184.9 163.1 267.7 418.6 380.7 173.5
Operating Margin 9.91% 8.45% 14.78% 22.91% 20.35% 11.28%
Earnings before Tax (EBT) 1 167.6 149.1 336.6 395.8 357.3 188.4
Net income 1 144.2 166.3 301.4 304.6 281.3 162.9
Net margin 7.73% 8.61% 16.64% 16.67% 15.03% 10.59%
EPS 2 2.334 2.691 4.940 5.028 4.680 2.725
Free Cash Flow 1 57.46 63.91 315.3 374.5 325.8 -0.8831
FCF margin 3.08% 3.31% 17.4% 20.49% 17.41% -0.06%
FCF Conversion (EBITDA) 23.51% 25.78% 87.47% 72.17% 65.46% -
FCF Conversion (Net income) 39.86% 38.44% 104.6% 122.95% 115.83% -
Dividend per Share 2 1.984 1.588 3.921 4.329 5.300 -
Announcement Date 18/04/19 15/04/20 15/04/21 25/04/22 20/04/23 11/04/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 111
Net Cash position 1 621 277 288 377 119 -
Leverage (Debt/EBITDA) - - - - - 0.4207 x
Free Cash Flow 1 57.5 63.9 315 374 326 -0.88
ROE (net income / shareholders' equity) 12.4% 8.49% 23.5% 25.6% 24.2% 14%
ROA (Net income/ Total Assets) 8.4% 5.79% 8.79% 14.2% 12.2% 5.61%
Assets 1 1,717 2,870 3,427 2,145 2,307 2,903
Book Value Per Share 2 15.50 16.60 19.90 19.50 19.20 17.50
Cash Flow per Share 2 10.20 9.630 8.830 9.220 7.640 3.800
Capex 1 155 155 93.3 62.2 121 297
Capex / Sales 8.3% 8.03% 5.15% 3.41% 6.45% 19.3%
Announcement Date 18/04/19 15/04/20 15/04/21 25/04/22 20/04/23 11/04/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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