Stock 2107 FORMOSAN RUBBER GROUP INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Formosan Rubber Group Inc.

Equities

2107

TW0002107000

Construction & Engineering

End-of-day quote Taiwan S.E.
Other stock markets
 03:30:00 16/05/2024 am IST 		5-day change 1st Jan Change
26.75 TWD +0.38% Intraday chart for Formosan Rubber Group Inc. -0.19% +9.86%
25/03 Formosan Rubber Group Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
12/03 Formosan Rubber Group Inc. Approves Distribution for the Year Ended December 31, 2023 CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,772 6,598 8,490 7,874 7,337 7,392
Enterprise Value (EV) 1 4,751 4,232 4,351 2,142 2,428 2,395
P/E ratio 26.5 x 12.2 x 9.5 x 10.1 x 10.4 x 15.2 x
Yield 4.36% 4.24% 6.05% 5.22% 5.52% 5.34%
Capitalization / Revenue 4.2 x 2.44 x 2.59 x 2.82 x 3.79 x 5.44 x
EV / Revenue 3.46 x 1.57 x 1.33 x 0.77 x 1.25 x 1.76 x
EV / EBITDA 21.9 x 7.82 x 4.75 x 2.94 x 5.16 x 8.1 x
EV / FCF 27.6 x 2.97 x 2.33 x 1.6 x -4.56 x 8.45 x
FCF Yield 3.62% 33.7% 42.8% 62.3% -21.9% 11.8%
Price to Book 0.54 x 0.61 x 0.76 x 0.66 x 0.62 x 0.6 x
Nbr of stocks (in thousands) 3,33,000 3,15,000 3,08,094 3,08,094 3,03,594 3,03,593
Reference price 2 17.33 20.94 27.56 25.56 24.17 24.35
Announcement Date 28/03/19 29/03/20 30/03/21 30/03/22 30/03/23 25/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,374 2,702 3,282 2,795 1,937 1,360
EBITDA 1 217.2 541 917 729.9 470.5 295.7
EBIT 1 101.2 423.8 810.6 627.2 371.6 199.9
Operating Margin 7.37% 15.69% 24.7% 22.44% 19.18% 14.7%
Earnings before Tax (EBT) 1 260.4 552.7 930.1 823.4 830.3 592.2
Net income 1 215.8 539 901.7 778 711.7 518.9
Net margin 15.71% 19.95% 27.47% 27.84% 36.74% 38.16%
EPS 2 0.6533 1.711 2.900 2.522 2.322 1.600
Free Cash Flow 1 171.9 1,427 1,864 1,335 -532.2 283.6
FCF margin 12.51% 52.81% 56.78% 47.78% -27.47% 20.86%
FCF Conversion (EBITDA) 79.13% 263.74% 203.23% 182.96% - 95.91%
FCF Conversion (Net income) 79.65% 264.75% 206.67% 171.65% - 54.66%
Dividend per Share 2 0.7556 0.8889 1.667 1.333 1.333 1.300
Announcement Date 28/03/19 29/03/20 30/03/21 30/03/22 30/03/23 25/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,021 2,365 4,138 5,731 4,908 4,997
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 172 1,427 1,864 1,335 -532 284
ROE (net income / shareholders' equity) 2.04% 5.09% 8.2% 6.73% 5.98% 4.28%
ROA (Net income/ Total Assets) 0.44% 1.95% 4.01% 3.09% 1.73% 0.89%
Assets 1 49,473 27,574 22,460 25,176 41,176 58,242
Book Value Per Share 2 32.20 34.30 36.30 38.70 39.10 40.90
Cash Flow per Share 2 2.530 3.040 4.450 6.530 5.990 2.130
Capex 1 113 12.5 8.12 7.8 27.2 37.2
Capex / Sales 8.2% 0.46% 0.25% 0.28% 1.4% 2.74%
Announcement Date 28/03/19 29/03/20 30/03/21 30/03/22 30/03/23 25/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Other Construction & Engineering

1st Jan change Capi.
FORMOSAN RUBBER GROUP INC. Stock Formosan Rubber Group Inc.
+9.86% 252M
VINCI Stock VINCI
+2.02% 72.3B
LARSEN & TOUBRO LIMITED Stock Larsen & Toubro Limited
-1.92% 56.18B
QUANTA SERVICES, INC. Stock Quanta Services, Inc.
+22.99% 39.64B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED Stock China State Construction Engineering Corporation Limited
+17.67% 31.81B
FERROVIAL SE Stock Ferrovial SE
+11.21% 29.77B
CHINA RAILWAY GROUP LIMITED Stock China Railway Group Limited
+18.49% 21.26B
WSP GLOBAL INC. Stock WSP Global Inc.
+10.89% 19.95B
EMCOR GROUP, INC. Stock EMCOR Group, Inc.
+74.97% 18.12B
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED Stock China Communications Construction Company Limited
+39.08% 17.58B
Other Construction & Engineering
  1. Stock Market
  2. Equities
  3. 2107 Stock
  4. Financials Formosan Rubber Group Inc.
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
BENEFIT NOW