Financials Launch Technologies Co., Ltd.

Equities

8420

TW0008420001

Recreational Products

End-of-day quote Taipei Exchange 03:30:00 16/05/2024 am IST 5-day change 1st Jan Change
43.6 TWD 0.00% Intraday chart for Launch Technologies Co., Ltd. +2.59% -26.48%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 953.5 1,486 1,219 2,032 3,875 3,275
Enterprise Value (EV) 1 1,097 1,829 1,758 2,413 3,819 3,727
P/E ratio 11.9 x 11.6 x 16.3 x 8.68 x 6.87 x -3.41 x
Yield 4.28% 4.46% 3.35% 6.27% 7.86% -
Capitalization / Revenue 0.6 x 0.82 x 0.77 x 0.78 x 1.08 x 1.16 x
EV / Revenue 0.69 x 1.01 x 1.11 x 0.92 x 1.06 x 1.33 x
EV / EBITDA 6.37 x 7.12 x 8.67 x 5.72 x 4.67 x 7.13 x
EV / FCF -8.22 x -21.9 x -10.4 x 18.7 x 10.2 x 62.3 x
FCF Yield -12.2% -4.56% -9.61% 5.36% 9.8% 1.61%
Price to Book 1.15 x 1.62 x 1.31 x 1.81 x 2.38 x 4.86 x
Nbr of stocks (in thousands) 50,990 50,990 50,990 50,990 50,990 55,220
Reference price 2 18.70 29.15 23.90 39.85 76.00 59.30
Announcement Date 04/03/19 03/03/20 08/03/21 19/08/22 24/02/23 21/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,581 1,813 1,587 2,608 3,598 2,812
EBITDA 1 172 256.8 202.7 421.9 818 522.4
EBIT 1 82.53 160.4 79.94 291 663.7 381.8
Operating Margin 5.22% 8.85% 5.04% 11.16% 18.45% 13.58%
Earnings before Tax (EBT) 1 91.86 158.9 74.86 289.6 724.4 -916.5
Net income 1 80.73 129 75.46 236.8 588.7 -930.1
Net margin 5.11% 7.12% 4.76% 9.08% 16.36% -33.08%
EPS 2 1.570 2.510 1.470 4.590 11.07 -17.40
Free Cash Flow 1 -133.4 -83.39 -168.9 129.3 374.3 59.87
FCF margin -8.44% -4.6% -10.64% 4.96% 10.4% 2.13%
FCF Conversion (EBITDA) - - - 30.64% 45.76% 11.46%
FCF Conversion (Net income) - - - 54.58% 63.58% -
Dividend per Share 2 0.8000 1.300 0.8000 2.500 5.973 -
Announcement Date 04/03/19 03/03/20 08/03/21 19/08/22 24/02/23 21/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 143 343 540 381 - 453
Net Cash position 1 - - - - 56.1 -
Leverage (Debt/EBITDA) 0.8314 x 1.334 x 2.662 x 0.9026 x - 0.8663 x
Free Cash Flow 1 -133 -83.4 -169 129 374 59.9
ROE (net income / shareholders' equity) 10.1% 14.8% 8.18% 23.1% 42.8% -80.9%
ROA (Net income/ Total Assets) 4.55% 7.09% 2.87% 8.88% 15.3% 9.12%
Assets 1 1,775 1,819 2,627 2,668 3,850 -10,202
Book Value Per Share 2 16.30 18.00 18.20 22.00 31.90 12.20
Cash Flow per Share 2 0.7700 0.2100 1.270 2.580 14.20 7.860
Capex 1 236 355 259 172 218 364
Capex / Sales 14.92% 19.57% 16.31% 6.59% 6.06% 12.96%
Announcement Date 04/03/19 03/03/20 08/03/21 19/08/22 24/02/23 21/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 8420 Stock
  4. Financials Launch Technologies Co., Ltd.
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
BENEFIT NOW