Financials EZconn Corporation

Equities

6442

TW0006442007

Communications & Networking

End-of-day quote Taiwan S.E. 03:30:00 17/05/2024 am IST 5-day change 1st Jan Change
178 TWD -1.11% Intraday chart for EZconn Corporation +7.23% +153.20%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,478 2,633 1,969 2,383 2,891 4,661
Enterprise Value (EV) 1 1,412 1,913 1,605 2,205 2,510 4,128
P/E ratio 16.1 x -136 x -52.1 x 23.2 x 9.08 x 27.9 x
Yield 3.99% 3.58% 3.37% 3.34% 4.82% -
Capitalization / Revenue 0.88 x 1.09 x 0.82 x 0.85 x 0.98 x 1.78 x
EV / Revenue 0.5 x 0.79 x 0.66 x 0.78 x 0.85 x 1.58 x
EV / EBITDA 10.7 x 36.6 x 16.2 x 8.79 x 6.97 x 13.9 x
EV / FCF -20.1 x -20.9 x -22.1 x -121 x 15 x 15.5 x
FCF Yield -4.97% -4.79% -4.52% -0.83% 6.66% 6.46%
Price to Book 1.17 x 1.35 x 1.15 x 1.37 x 1.45 x 2.27 x
Nbr of stocks (in thousands) 69,300 69,300 66,300 66,300 66,300 66,300
Reference price 2 35.76 38.00 29.70 35.95 43.60 70.30
Announcement Date 27/03/19 26/03/20 25/03/21 25/03/22 22/03/23 14/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,805 2,424 2,414 2,813 2,940 2,617
EBITDA 1 132 52.24 99 250.9 360 296.9
EBIT 1 64.79 -19.48 27.28 180.8 289.9 225.9
Operating Margin 2.31% -0.8% 1.13% 6.43% 9.86% 8.63%
Earnings before Tax (EBT) 1 205.9 -6.214 -45.69 150.7 426.4 247.8
Net income 1 154.4 -19.28 -38.05 103.4 321.7 168
Net margin 5.5% -0.8% -1.58% 3.68% 10.94% 6.42%
EPS 2 2.219 -0.2800 -0.5701 1.550 4.800 2.520
Free Cash Flow 1 -70.13 -91.56 -72.54 -18.21 167.2 266.5
FCF margin -2.5% -3.78% -3.01% -0.65% 5.69% 10.18%
FCF Conversion (EBITDA) - - - - 46.43% 89.76%
FCF Conversion (Net income) - - - - 51.97% 158.6%
Dividend per Share 2 1.429 1.360 1.000 1.200 2.100 -
Announcement Date 27/03/19 26/03/20 25/03/21 25/03/22 22/03/23 14/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2 2022 Q3
Net sales 1 - 879.5
EBITDA - -
EBIT 1 - 112.1
Operating Margin - 12.74%
Earnings before Tax (EBT) 1 - 202.3
Net income 1 82.78 155.3
Net margin - 17.65%
EPS 2 1.240 2.330
Dividend per Share - -
Announcement Date 10/08/22 11/11/22
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,067 720 364 178 381 532
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -70.1 -91.6 -72.5 -18.2 167 267
ROE (net income / shareholders' equity) 7.35% -0.95% -2.08% 6% 17.2% 8.31%
ROA (Net income/ Total Assets) 1.29% -0.39% 0.58% 3.77% 5.58% 4.18%
Assets 1 11,942 4,933 -6,578 2,743 5,769 4,021
Book Value Per Share 2 30.60 28.20 25.80 26.20 30.00 30.90
Cash Flow per Share 2 17.70 15.80 12.60 11.00 14.80 15.10
Capex 1 63.2 335 54.6 60.4 62.8 301
Capex / Sales 2.25% 13.81% 2.26% 2.15% 2.14% 11.5%
Announcement Date 27/03/19 26/03/20 25/03/21 25/03/22 22/03/23 14/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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