Financials Formosa Optical Technology Co.,Ltd.

Equities

5312

TW0005312003

Other Specialty Retailers

End-of-day quote Taipei Exchange 03:30:00 10/05/2024 am IST 5-day change 1st Jan Change
106 TWD +2.42% Intraday chart for Formosa Optical Technology Co.,Ltd. +1.44% +26.64%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,483 4,054 3,568 3,580 3,483 5,027
Enterprise Value (EV) 1 3,656 5,014 4,858 4,701 2,829 5,188
P/E ratio 13.8 x 10.7 x 11.6 x 12.4 x 20.5 x 12.1 x
Yield 6.55% 5.93% 6.73% 7.21% 7.41% 7.17%
Capitalization / Revenue 1.14 x 1.26 x 1.17 x 1.23 x 1.06 x 1.3 x
EV / Revenue 1.19 x 1.56 x 1.59 x 1.61 x 0.86 x 1.34 x
EV / EBITDA 13.7 x 17.8 x 18.9 x 23.3 x 8.47 x 10.7 x
EV / FCF 14.8 x 14.9 x 19.5 x 12.7 x 5.93 x 11.3 x
FCF Yield 6.74% 6.7% 5.13% 7.88% 16.9% 8.83%
Price to Book 1.47 x 1.6 x 1.37 x 1.35 x 1.34 x 1.7 x
Nbr of stocks (in thousands) 60,060 60,060 60,060 60,060 60,060 60,060
Reference price 2 58.00 67.50 59.40 59.60 58.00 83.70
Announcement Date 29/03/19 31/03/20 29/03/21 30/03/22 29/03/23 14/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,066 3,216 3,062 2,913 3,298 3,864
EBITDA 1 266.5 282.4 257.2 201.6 333.9 485.4
EBIT 1 169.3 166 126 68.25 186.9 328
Operating Margin 5.52% 5.16% 4.12% 2.34% 5.67% 8.49%
Earnings before Tax (EBT) 1 370.2 442.2 372.6 350 205.8 499.4
Net income 1 253.5 379.1 308.3 289.9 170.2 417.9
Net margin 8.27% 11.79% 10.07% 9.95% 5.16% 10.82%
EPS 2 4.210 6.290 5.120 4.810 2.830 6.940
Free Cash Flow 1 246.6 336 249.2 370.3 476.8 458.3
FCF margin 8.04% 10.45% 8.14% 12.71% 14.46% 11.86%
FCF Conversion (EBITDA) 92.5% 118.96% 96.87% 183.64% 142.81% 94.43%
FCF Conversion (Net income) 97.25% 88.64% 80.82% 127.73% 280.17% 109.67%
Dividend per Share 2 3.800 4.000 4.000 4.300 4.300 6.000
Announcement Date 29/03/19 31/03/20 29/03/21 30/03/22 29/03/23 14/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 172 960 1,290 1,121 - 161
Net Cash position 1 - - - - 654 -
Leverage (Debt/EBITDA) 0.6462 x 3.401 x 5.016 x 5.561 x - 0.3321 x
Free Cash Flow 1 247 336 249 370 477 458
ROE (net income / shareholders' equity) 10.6% 15.3% 11.9% 10.9% 6.49% 15%
ROA (Net income/ Total Assets) 2.44% 2.12% 1.43% 0.75% 1.93% 3.04%
Assets 1 10,389 17,847 21,535 38,731 8,797 13,747
Book Value Per Share 2 39.50 42.10 43.30 44.10 43.20 49.20
Cash Flow per Share 2 3.730 4.850 3.360 2.130 2.570 2.240
Capex 1 83.6 140 216 124 128 231
Capex / Sales 2.73% 4.34% 7.07% 4.27% 3.89% 5.98%
Announcement Date 29/03/19 31/03/20 29/03/21 30/03/22 29/03/23 14/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 5312 Stock
  4. Financials Formosa Optical Technology Co.,Ltd.
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW