Financials New Best Wire Industrial Co.,Ltd

Equities

5013

TW0005013007

Iron & Steel

End-of-day quote Taipei Exchange 03:30:00 13/05/2024 am IST 5-day change 1st Jan Change
35.1 TWD -0.43% Intraday chart for New Best Wire Industrial Co.,Ltd +0.14% +0.29%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,856 3,435 3,769 5,177 4,696 4,670
Enterprise Value (EV) 1 6,799 6,188 6,210 7,905 6,329 6,626
P/E ratio 13.2 x 20.9 x 18 x 8.82 x 8.69 x 18.2 x
Yield 1.73% 1.94% 1.77% 5.15% 4.55% 2.57%
Capitalization / Revenue 0.5 x 0.55 x 0.65 x 0.6 x 0.52 x 0.62 x
EV / Revenue 0.89 x 0.99 x 1.08 x 0.91 x 0.7 x 0.87 x
EV / EBITDA 8.01 x 9.97 x 8.97 x 6.06 x 5.16 x 7.57 x
EV / FCF -14.9 x 22.5 x 17.9 x -23 x 5.17 x -59.6 x
FCF Yield -6.71% 4.44% 5.58% -4.35% 19.3% -1.68%
Price to Book 1.52 x 1.33 x 1.38 x 1.59 x 1.32 x 1.3 x
Nbr of stocks (in thousands) 1,33,416 1,33,416 1,33,416 1,33,416 1,33,416 1,33,416
Reference price 2 28.90 25.75 28.25 38.80 35.20 35.00
Announcement Date 27/03/19 30/03/20 26/03/21 30/03/22 21/03/23 28/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 7,674 6,241 5,766 8,642 9,034 7,585
EBITDA 1 848.4 620.5 692.1 1,304 1,227 875.4
EBIT 1 622.2 362.8 432.1 1,030 931.7 573.8
Operating Margin 8.11% 5.81% 7.49% 11.91% 10.31% 7.57%
Earnings before Tax (EBT) 1 546.2 306.5 395.8 975.8 914.1 523.2
Net income 1 293.2 164.8 210.2 588 541.4 257.1
Net margin 3.82% 2.64% 3.65% 6.8% 5.99% 3.39%
EPS 2 2.190 1.230 1.570 4.400 4.050 1.920
Free Cash Flow 1 -456.1 274.5 346.7 -344 1,224 -111.1
FCF margin -5.94% 4.4% 6.01% -3.98% 13.55% -1.47%
FCF Conversion (EBITDA) - 44.24% 50.09% - 99.72% -
FCF Conversion (Net income) - 166.55% 164.93% - 226.06% -
Dividend per Share 2 0.5000 0.5000 0.5000 2.000 1.600 0.9000
Announcement Date 27/03/19 30/03/20 26/03/21 30/03/22 21/03/23 28/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,943 2,753 2,441 2,729 1,632 1,957
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.469 x 4.437 x 3.527 x 2.092 x 1.33 x 2.235 x
Free Cash Flow 1 -456 274 347 -344 1,224 -111
ROE (net income / shareholders' equity) 11.7% 7.62% 9.1% 19.4% 15.6% 8.29%
ROA (Net income/ Total Assets) 5.72% 3.17% 3.79% 8.14% 6.85% 4.24%
Assets 1 5,126 5,204 5,542 7,220 7,907 6,057
Book Value Per Share 2 19.00 19.40 20.50 24.40 26.80 26.90
Cash Flow per Share 2 2.590 3.520 4.000 5.370 8.780 8.050
Capex 1 727 370 252 358 147 310
Capex / Sales 9.47% 5.93% 4.37% 4.14% 1.63% 4.09%
Announcement Date 27/03/19 30/03/20 26/03/21 30/03/22 21/03/23 28/03/24
1TWD in Million2TWD
Estimates
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