Projected Income Statement: Fubon Financial Holding Co., Ltd.

Forecast Balance Sheet: Fubon Financial Holding Co., Ltd.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - 1,51,333 1,96,276 1,44,777 - - - -
Change - - 29.7% -26.24% - - - -
Announcement Date 28/03/22 16/03/23 15/03/24 17/03/25 16/03/26 - - -
Estimates

Cash Flow Forecast: Fubon Financial Holding Co., Ltd.

Fiscal Period: December 2020 2021 2022 2023 2024 2025
CAPEX 1 3,891 2,871 2,652 4,435 4,700 7,298
Change - -26.22% -7.62% 67.21% 5.98% 55.27%
Free Cash Flow (FCF) 1 2,66,338 48,914 7,491 -3,17,287 -1,94,107 1,48,909
Change - -81.63% -84.69% -4,335.55% 38.82% 176.71%
Announcement Date 31/03/21 28/03/22 16/03/23 15/03/24 17/03/25 16/03/26
1TWD in Million
Estimates

Forecast Financial Ratios: Fubon Financial Holding Co., Ltd.

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - 34.08% 23.49% 44.36% 49.59% 35.95% 55.03% 37.12% 39.65%
EBT Margin (%) - 34.08% 23.49% 44.36% 49.59% 35.95% 42.73% 34.15% -
Net margin (%) - 29.75% 18.09% 39.34% 43.41% 31.72% 37.52% 30.04% -
FCF margin (%) - - - - - - - - -
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA - 1.49% 0.45% 0.61% 1.3% 0.97% 1.08% 0.96% -
ROE - 16.73% 6.15% 9.65% 17.2% 12.51% 14.1% 11.9% 12.84%

Financial Health

         
Leverage (Debt/EBITDA) 0.17x 1.13x -3.51x 1.51x 1.46x 1x - - -
Debt / Free cash flow 0.15x 5.02x 29.35x -0.86x -1.28x 2.28x - - -

Capital Intensity

         
CAPEX / Current Assets (%) - - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - - -
CAPEX / FCF (%) - - - - - - - - -

Items per share

         
Cash flow per share 1 - 2.411 10.37 - 5.527 - - - -
Change - - 330.05% - - - - - -
Dividend per Share 1 - 2.95 3.097 2.323 - - 4.56 4.825 5.225
Change - - 5% -25% - - - 5.81% 8.29%
Book Value Per Share 1 - 70.56 40.39 57.29 67.9 70.15 75.78 84.53 -
Change - - -42.76% 41.85% 18.53% 3.31% 8.02% 11.55% -
EPS 1 - 10.53 3.133 4.46 10.51 8.37 9.954 10.2 9.72
Change - - -70.24% 42.37% 135.59% -20.34% 18.93% 2.45% -4.69%
Nbr of stocks (in thousands) - 1,58,77,077 1,40,07,364 1,40,07,365 1,40,07,365 1,40,07,365 1,40,07,365 1,40,07,365 1,40,07,365
Announcement Date - 28/03/22 16/03/23 15/03/24 17/03/25 16/03/26 - - -
1TWD
Estimates
2026 *2027 *
P/E ratio 11.9x 11.6x
PBR 1.56x 1.4x
EV / Sales 4.39x 3.39x
Yield 3.86% 4.09%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
-
Global
-
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
118.00TWD
Average target price
105.98TWD
Spread / Average Target
-10.19%

Quarterly revenue - Rate of surprise

  1. Stock Market
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  3. 2881 Stock
  4. Financials Fubon Financial Holding Co., Ltd.