Financials Mustang Industrial Corp.

Equities

5460

TW0005460000

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 03:30:00 05/06/2024 am IST 5-day change 1st Jan Change
14.3 TWD -0.35% Intraday chart for Mustang Industrial Corp. +2.88% +0.70%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 734.7 740.8 698 770 646.6 834.6
Enterprise Value (EV) 1 368.9 494.7 372.2 484 269.1 396
P/E ratio 34.1 x 17 x 651 x 1,762 x -32.4 x -69.6 x
Yield 2.94% 4.55% 0.88% - - -
Capitalization / Revenue 0.85 x 0.9 x 1.13 x 1.54 x 1.67 x 2.33 x
EV / Revenue 0.43 x 0.6 x 0.6 x 0.97 x 0.7 x 1.11 x
EV / EBITDA 2.59 x 3.1 x 3.5 x 5.31 x 4.13 x 6.7 x
EV / FCF 8.84 x 21.2 x 3.09 x 3.38 x 2.13 x 4.43 x
FCF Yield 11.3% 4.73% 32.3% 29.6% 47% 22.6%
Price to Book 0.81 x 0.91 x 0.9 x 1.04 x 0.89 x 1.17 x
Nbr of stocks (in thousands) 58,778 58,778 58,778 58,778 58,778 58,778
Reference price 2 12.50 12.60 11.88 13.10 11.00 14.20
Announcement Date 01/04/19 31/03/20 31/03/21 30/03/22 24/03/23 14/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 863.8 825.4 617 500 386.2 357.9
EBITDA 1 142.6 159.4 106.2 91.08 65.22 59.06
EBIT 1 37.58 57.64 4.433 -1.255 -30.3 -24.25
Operating Margin 4.35% 6.98% 0.72% -0.25% -7.85% -6.78%
Earnings before Tax (EBT) 1 40.55 76.52 2.123 3.955 -20.14 -15.95
Net income 1 21.53 49.09 1.072 0.449 -19.93 -11.99
Net margin 2.49% 5.95% 0.17% 0.09% -5.16% -3.35%
EPS 2 0.3663 0.7396 0.0182 0.007433 -0.3400 -0.2041
Free Cash Flow 1 41.73 23.39 120.4 143.3 126.5 89.31
FCF margin 4.83% 2.83% 19.51% 28.67% 32.75% 24.96%
FCF Conversion (EBITDA) 29.27% 14.67% 113.34% 157.38% 193.92% 151.21%
FCF Conversion (Net income) 193.81% 47.64% 11,228.59% 31,923.61% - -
Dividend per Share 2 0.3676 0.5729 0.1042 - - -
Announcement Date 01/04/19 31/03/20 31/03/21 30/03/22 24/03/23 14/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 366 246 326 286 377 439
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 41.7 23.4 120 143 126 89.3
ROE (net income / shareholders' equity) 2.35% 5.71% 0.13% 0.06% -2.71% -1.67%
ROA (Net income/ Total Assets) 1.95% 3.19% 0.28% -0.09% -2.19% -1.83%
Assets 1 1,103 1,537 385.9 -525.8 912.1 656.3
Book Value Per Share 2 15.50 13.80 13.20 12.70 12.40 12.10
Cash Flow per Share 2 6.170 4.210 5.080 5.020 2.810 2.400
Capex 1 98 108 76.4 1.38 7.64 0.09
Capex / Sales 11.35% 13.09% 12.39% 0.28% 1.98% 0.03%
Announcement Date 01/04/19 31/03/20 31/03/21 30/03/22 24/03/23 14/03/24
1TWD in Million2TWD
Estimates
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