POWERTECH TECHNOLOGY INC. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 170 TWD | -0.29% |
|
-1.73% | +20.57% |
| 03/05 | Powertech Technology Boosts Capital Spending By 50% for 2024 | MT |
| 08/03 | Powertech Technology Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 77,494 | 73,372 | 74,828 | 59,190 | 1,05,376 | 1,27,049 | - | - |
| Enterprise Value (EV) 1 | 87,652 | 85,996 | 83,394 | 70,739 | 1,09,268 | 1,19,481 | 1,16,696 | 1,21,907 |
| P/E ratio | 13.3 x | 11.1 x | 8.54 x | 6.83 x | 13.2 x | 16.6 x | 13.6 x | 8.62 x |
| Yield | 4.51% | 5.27% | 6.96% | 8.84% | 4.96% | 4.2% | 5.2% | 2.94% |
| Capitalization / Revenue | 1.16 x | 0.96 x | 0.89 x | 0.71 x | 1.5 x | 1.56 x | 1.37 x | 1.26 x |
| EV / Revenue | 1.32 x | 1.13 x | 1 x | 0.84 x | 1.55 x | 1.47 x | 1.25 x | 1.21 x |
| EV / EBITDA | 4.07 x | 3.5 x | 2.92 x | 2.59 x | 5.02 x | 4.7 x | 3.86 x | 3.66 x |
| EV / FCF | 9.49 x | 62.7 x | 8.9 x | 16.3 x | 9.97 x | 17.6 x | 12.8 x | 11.1 x |
| FCF Yield | 10.5% | 1.59% | 11.2% | 6.14% | 10% | 5.68% | 7.8% | 9% |
| Price to Book | 1.79 x | 1.61 x | 1.54 x | 1.13 x | 1.92 x | 2.22 x | 2.01 x | 1.83 x |
| Nbr of stocks (in thousands) | 7,76,497 | 7,73,147 | 7,65,897 | 7,47,347 | 7,47,347 | 7,47,347 | - | - |
| Reference price 2 | 99.80 | 94.90 | 97.70 | 79.20 | 141.0 | 170.0 | 170.0 | 170.0 |
| Announcement Date | 14/01/20 | 29/03/21 | 10/03/22 | 31/01/23 | 08/03/24 | - | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 66,525 | 76,181 | 83,794 | 83,927 | 70,441 | 81,462 | 93,053 | 1,00,660 |
| EBITDA 1 | 21,551 | 24,541 | 28,577 | 27,303 | 21,768 | 25,432 | 30,193 | 33,338 |
| EBIT 1 | 8,702 | 10,718 | 14,525 | 12,448 | 8,154 | 11,728 | 15,124 | 19,824 |
| Operating Margin | 13.08% | 14.07% | 17.33% | 14.83% | 11.58% | 14.4% | 16.25% | 19.69% |
| Earnings before Tax (EBT) 1 | 8,497 | 10,395 | 14,705 | 13,640 | 12,043 | 12,019 | 14,794 | 20,643 |
| Net income 1 | 5,840 | 6,662 | 8,898 | 8,687 | 8,009 | 7,713 | 9,432 | 14,742 |
| Net margin | 8.78% | 8.75% | 10.62% | 10.35% | 11.37% | 9.47% | 10.14% | 14.65% |
| EPS 2 | 7.520 | 8.540 | 11.44 | 11.60 | 10.72 | 10.22 | 12.54 | 19.73 |
| Free Cash Flow 1 | 9,239 | 1,370 | 9,375 | 4,341 | 10,955 | 6,781 | 9,102 | 10,976 |
| FCF margin | 13.89% | 1.8% | 11.19% | 5.17% | 15.55% | 8.32% | 9.78% | 10.9% |
| FCF Conversion (EBITDA) | 42.87% | 5.58% | 32.8% | 15.9% | 50.33% | 26.66% | 30.15% | 32.92% |
| FCF Conversion (Net income) | 158.21% | 20.57% | 105.35% | 49.97% | 136.79% | 87.92% | 96.51% | 74.45% |
| Dividend per Share 2 | 4.500 | 5.000 | 6.800 | 7.000 | 7.000 | 7.136 | 8.846 | 5.000 |
| Announcement Date | 14/01/20 | 29/03/21 | 10/03/22 | 31/01/23 | 08/03/24 | - | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 22,320 | 22,423 | 20,831 | 23,263 | 21,430 | 18,403 | 15,741 | 17,218 | 18,449 | 19,034 | 18,329 | 19,639 | 21,530 | 22,199 | 20,238 |
| EBITDA 1 | - | 7,556 | 7,026 | 7,741 | - | 5,896 | 5,095 | 5,309 | 5,468 | 5,896 | 5,360 | 6,037 | 6,843 | 6,904 | 6,067 |
| EBIT 1 | 4,100 | 3,913 | 3,438 | 4,048 | 2,837 | 2,125 | 1,712 | 1,841 | 2,017 | 2,584 | 2,045 | 2,732 | 3,409 | 3,543 | 2,637 |
| Operating Margin | 18.37% | 17.45% | 16.5% | 17.4% | 13.24% | 11.55% | 10.87% | 10.69% | 10.93% | 13.58% | 11.16% | 13.91% | 15.83% | 15.96% | 13.03% |
| Earnings before Tax (EBT) 1 | 4,169 | 4,005 | 3,665 | 4,437 | 3,575 | 1,963 | 1,743 | 2,228 | 2,591 | 5,481 | 2,719 | 2,794 | 3,185 | 3,322 | 2,730 |
| Net income 1 | 2,471 | 2,496 | 2,196 | 2,747 | 2,395 | 1,349 | 1,424 | 1,739 | 1,573 | 3,965 | 1,737 | 1,694 | 2,054 | 2,228 | 1,740 |
| Net margin | 11.07% | 11.13% | 10.54% | 11.81% | 11.17% | 7.33% | 9.05% | 10.1% | 8.53% | 20.83% | 9.48% | 8.63% | 9.54% | 10.04% | 8.6% |
| EPS 2 | 3.190 | 3.200 | 2.900 | 3.670 | 3.180 | 1.810 | 1.510 | 1.800 | 2.100 | 5.310 | 2.311 | 2.242 | 2.719 | 2.948 | 2.310 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | 7.000 | - | - |
| Announcement Date | 11/11/21 | 10/03/22 | 06/05/22 | 26/07/22 | 04/11/22 | 31/01/23 | 25/04/23 | 25/07/23 | 31/10/23 | 08/03/24 | - | - | - | - | - |
1TWD in Million2TWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 10,157 | 12,625 | 8,566 | 11,550 | 3,893 | - | - | - |
| Net Cash position 1 | - | - | - | - | - | 7,568 | 10,353 | 5,142 |
| Leverage (Debt/EBITDA) | 0.4713 x | 0.5144 x | 0.2997 x | 0.423 x | 0.1788 x | - | - | - |
| Free Cash Flow 1 | 9,239 | 1,370 | 9,375 | 4,341 | 10,955 | 6,781 | 9,103 | 10,976 |
| ROE (net income / shareholders' equity) | 13.9% | 15% | 18.6% | 17.1% | 14.9% | 13.2% | 15.9% | 20.7% |
| ROA (Net income/ Total Assets) | 5.53% | 6.17% | 7.83% | 7.31% | 6.96% | 7.23% | 9.12% | 13.4% |
| Assets 1 | 1,05,610 | 1,07,947 | 1,13,659 | 1,18,778 | 1,15,062 | 1,06,678 | 1,03,382 | 1,10,015 |
| Book Value Per Share 2 | 55.70 | 59.00 | 63.50 | 70.00 | 73.40 | 76.50 | 84.80 | 93.10 |
| Cash Flow per Share 2 | 23.10 | 24.70 | 31.70 | 30.30 | 26.20 | 30.10 | 33.40 | 39.00 |
| Capex 1 | 8,716 | 17,931 | 15,275 | 18,582 | 8,727 | 13,491 | 13,148 | 18,155 |
| Capex / Sales | 13.1% | 23.54% | 18.23% | 22.14% | 12.39% | 16.56% | 14.13% | 18.04% |
| Announcement Date | 14/01/20 | 29/03/21 | 10/03/22 | 31/01/23 | 08/03/24 | - | - | - |
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
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
170
TWD
Average target price
170
TWD
Spread / Average Target
0.00%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +20.57% | 3.93B | |
| +79.29% | 2,185B | |
| +31.53% | 627B | |
| +14.50% | 592B | |
| +2.16% | 243B | |
| +24.21% | 200B | |
| +4.96% | 163B | |
| -38.51% | 132B | |
| +34.40% | 127B | |
| +35.34% | 105B |
- Stock Market
- Equities
- 6239 Stock
- Financials Powertech Technology Inc.
