Financials Laser Tek Taiwan Co.,Ltd.

Equities

6207

TW0006207004

Semiconductor Equipment & Testing

End-of-day quote Taipei Exchange 03:30:00 31/05/2024 am IST 5-day change 1st Jan Change
69.6 TWD +1.61% Intraday chart for Laser Tek Taiwan Co.,Ltd. +1.75% +114.15%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,435 2,145 2,390 3,435 1,930 2,460
Enterprise Value (EV) 1 2,645 2,710 3,187 4,442 2,324 2,856
P/E ratio 7.42 x 18.5 x 18.5 x 13.6 x 14.3 x 17.9 x
Yield 8.62% 4.7% 5.26% 3.66% 5.88% 4.62%
Capitalization / Revenue 1.1 x 1.99 x 1.96 x 1.96 x 1.39 x 2.09 x
EV / Revenue 1.2 x 2.51 x 2.61 x 2.54 x 1.68 x 2.42 x
EV / EBITDA 7.76 x 38.7 x 23.2 x 16 x 11 x 18.9 x
EV / FCF 8.33 x -29.5 x -78.1 x -140 x 5.65 x 45.5 x
FCF Yield 12% -3.39% -1.28% -0.72% 17.7% 2.2%
Price to Book 1.45 x 1.39 x 1.63 x 2.23 x 1.2 x 1.44 x
Nbr of stocks (in thousands) 79,756 79,757 79,679 79,679 75,696 75,696
Reference price 2 30.53 26.89 30.00 43.11 25.50 32.50
Announcement Date 29/03/19 30/03/20 31/03/21 31/03/22 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 2,211 1,078 1,221 1,751 1,387 1,178
EBITDA 1 341 70.02 137.3 277.4 210.5 151.2
EBIT 1 315.9 44.24 97.18 233.4 164.6 104.5
Operating Margin 14.29% 4.1% 7.96% 13.33% 11.87% 8.87%
Earnings before Tax (EBT) 1 404.3 101.9 138.9 283.2 196.6 195.1
Net income 1 335.5 117.3 130.1 257.3 150.6 146.6
Net margin 15.17% 10.88% 10.65% 14.69% 10.86% 12.45%
EPS 2 4.116 1.453 1.621 3.179 1.780 1.820
Free Cash Flow 1 317.4 -91.87 -40.82 -31.77 411.4 62.7
FCF margin 14.36% -8.52% -3.34% -1.81% 29.67% 5.32%
FCF Conversion (EBITDA) 93.1% - - - 195.43% 41.47%
FCF Conversion (Net income) 94.62% - - - 273.29% 42.76%
Dividend per Share 2 2.632 1.263 1.579 1.579 1.500 1.500
Announcement Date 29/03/19 30/03/20 31/03/21 31/03/22 30/03/23 25/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1 2023 Q2 2023 Q3
Net sales 1 - 223.1 333
EBITDA - - -
EBIT 1 - -2.627 17.96
Operating Margin - -1.18% 5.39%
Earnings before Tax (EBT) - - -
Net income 48.31 - -
Net margin - - -
EPS 0.6000 - -
Dividend per Share - - -
Announcement Date 15/05/23 09/08/23 13/11/23
1TWD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 210 565 797 1,007 393 396
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.6164 x 8.069 x 5.799 x 3.63 x 1.868 x 2.616 x
Free Cash Flow 1 317 -91.9 -40.8 -31.8 411 62.7
ROE (net income / shareholders' equity) 21.1% 7% 8.28% 16.9% 9.23% 8.26%
ROA (Net income/ Total Assets) 5.38% 0.75% 1.65% 3.72% 2.53% 1.64%
Assets 1 6,237 15,573 7,862 6,919 5,944 8,965
Book Value Per Share 2 21.00 19.40 18.50 19.30 21.20 22.60
Cash Flow per Share 2 10.90 11.40 6.700 6.700 9.770 8.280
Capex 1 44.7 454 43.7 48.9 37 5
Capex / Sales 2.02% 42.09% 3.58% 2.79% 2.67% 0.42%
Announcement Date 29/03/19 30/03/20 31/03/21 31/03/22 30/03/23 25/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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