Financials Gudeng Precision Industrial Co., Ltd.

Equities

3680

TW0003680005

Semiconductor Equipment & Testing

End-of-day quote Taipei Exchange 03:30:00 08/05/2024 am IST 5-day change 1st Jan Change
407.5 TWD +2.39% Intraday chart for Gudeng Precision Industrial Co., Ltd. -3.66% +9.99%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,125 20,581 27,030 22,286 32,746 38,426 - -
Enterprise Value (EV) 1 12,125 20,581 27,030 22,286 33,322 40,342 40,559 40,212
P/E ratio 53.9 x 44.2 x 80.4 x 24.4 x - 30.5 x 20 x 16.4 x
Yield - - - - - 1.6% 1.96% 1.96%
Capitalization / Revenue - 8.19 x 8.66 x - - 5.49 x 4.31 x 3.65 x
EV / Revenue - 8.19 x 8.66 x - - 5.76 x 4.55 x 3.82 x
EV / EBITDA - - - - 23.8 x 18.8 x 12.5 x 9.87 x
EV / FCF - -19.2 x -16.3 x - - -49.9 x 102 x 36.6 x
FCF Yield - -5.22% -6.15% - - -2% 0.98% 2.74%
Price to Book - - - - 3.73 x 4.48 x 3.88 x 3.34 x
Nbr of stocks (in thousands) 69,485 75,387 83,425 84,097 88,384 94,297 - -
Reference price 2 174.5 273.0 324.0 265.0 370.5 407.5 407.5 407.5
Announcement Date 24/04/20 12/03/21 21/03/22 30/03/23 15/03/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 2,513 3,121 - - 7,004 8,920 10,540
EBITDA 1 - - - - 1,398 2,146 3,257 4,075
EBIT 1 - 98.03 460.1 - - 1,644 2,543 3,096
Operating Margin - 3.9% 14.74% - - 23.47% 28.51% 29.37%
Earnings before Tax (EBT) 1 - 617.1 467.5 - - 1,732 2,538 3,080
Net income 1 224.2 460.3 336.7 933.1 - 1,296 1,971 2,415
Net margin - 18.32% 10.79% - - 18.5% 22.1% 22.91%
EPS 2 3.240 6.180 4.030 10.84 - 13.38 20.35 24.92
Free Cash Flow 1 - -1,074 -1,661 - - -808 396 1,100
FCF margin - -42.76% -53.23% - - -11.54% 4.44% 10.44%
FCF Conversion (EBITDA) - - - - - - 12.16% 26.99%
FCF Conversion (Net income) - - - - - - 20.09% 45.55%
Dividend per Share 2 - - - - - 6.500 8.000 8.000
Announcement Date 24/04/20 12/03/21 21/03/22 30/03/23 15/03/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2023 Q1 2023 Q2 2023 Q3 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,025 1,066 1,069 1,441 978 1,337 1,659 1,904 2,020 1,852
EBITDA - - - - - - - - - -
EBIT 1 241 240.8 261.5 434.5 103.4 235.2 370 513 531 470
Operating Margin 23.5% 22.59% 24.46% 30.15% 10.57% 17.59% 22.3% 26.94% 26.29% 25.38%
Earnings before Tax (EBT) 1 259.1 329.8 312.3 451.3 191.7 272.9 381 514 532 465
Net income 1 194.1 283.7 227 335.5 146.3 170.6 284 392 409 353
Net margin 18.92% 26.61% 21.24% 23.28% 14.96% 12.76% 17.12% 20.59% 20.25% 19.06%
EPS 2 2.320 3.380 2.550 3.790 - 1.940 2.930 4.050 4.220 3.640
Dividend per Share - - - - - - - - - -
Announcement Date 13/05/22 09/08/22 14/11/22 15/05/23 14/08/23 14/11/23 - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - 576 1,916 2,133 1,786
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - - 0.4121 x 0.8928 x 0.6549 x 0.4383 x
Free Cash Flow 1 - -1,074 -1,661 - - -808 396 1,100
ROE (net income / shareholders' equity) - 20.1% 9.4% - 13.9% 15.3% 20.8% 22%
ROA (Net income/ Total Assets) - 8.33% 4.28% - 6.34% 8% 11.8% 13.2%
Assets 1 - 5,526 7,866 - - 16,200 16,703 18,295
Book Value Per Share 2 - - - - 99.20 90.90 105.0 122.0
Cash Flow per Share 2 - - - - - 12.30 26.80 34.10
Capex 1 - 1,251 2,104 - 1,427 2,000 2,200 2,200
Capex / Sales - 49.79% 67.41% - - 28.56% 24.66% 20.87%
Announcement Date 24/04/20 12/03/21 21/03/22 30/03/23 15/03/24 - - -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
407.5 TWD
Average target price
509 TWD
Spread / Average Target
+24.91%
Consensus
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