Financials Sunfar Computer Co., Ltd

Equities

6154

TW0006154008

Computer & Electronics Retailers

End-of-day quote Taipei Exchange 03:30:00 13/05/2024 am IST 5-day change 1st Jan Change
16.85 TWD -0.59% Intraday chart for Sunfar Computer Co., Ltd -0.30% +2.12%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,197 1,109 1,041 1,421 1,261 1,321
Enterprise Value (EV) 1 700.9 1,021 824.6 1,191 942.5 1,133
P/E ratio 20.8 x 35.5 x 23.6 x 10.3 x 14.2 x 22.6 x
Yield 6.69% 4.33% 4.23% 6.76% 5.71% 4.36%
Capitalization / Revenue 0.29 x 0.29 x 0.25 x 0.28 x 0.29 x 0.35 x
EV / Revenue 0.17 x 0.26 x 0.2 x 0.23 x 0.22 x 0.3 x
EV / EBITDA 8.34 x 16.7 x 10.4 x 6.02 x 8.22 x 16.7 x
EV / FCF -10.2 x 9.89 x 3.6 x 9.61 x 4.42 x 441 x
FCF Yield -9.79% 10.1% 27.8% 10.4% 22.6% 0.23%
Price to Book 0.95 x 0.92 x 0.87 x 1.09 x 0.97 x 1.03 x
Nbr of stocks (in thousands) 80,080 80,080 80,080 80,080 80,080 80,080
Reference price 2 14.95 13.85 13.00 17.75 15.75 16.50
Announcement Date 25/03/19 17/03/20 31/03/21 19/05/22 21/03/23 14/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,093 3,856 4,092 5,128 4,379 3,727
EBITDA 1 84.02 61.14 79.07 197.7 114.6 67.85
EBIT 1 63.19 42.33 59.68 176.3 93.7 46.05
Operating Margin 1.54% 1.1% 1.46% 3.44% 2.14% 1.24%
Earnings before Tax (EBT) 1 69.67 39.67 56.01 176.1 112.3 69.98
Net income 1 58.3 31.67 44.86 140.9 89.19 58.4
Net margin 1.42% 0.82% 1.1% 2.75% 2.04% 1.57%
EPS 2 0.7200 0.3900 0.5500 1.730 1.110 0.7293
Free Cash Flow 1 -68.64 103.2 228.9 123.9 213.2 2.57
FCF margin -1.68% 2.68% 5.6% 2.42% 4.87% 0.07%
FCF Conversion (EBITDA) - 168.86% 289.56% 62.65% 186.01% 3.79%
FCF Conversion (Net income) - 326.01% 510.33% 87.93% 239.03% 4.4%
Dividend per Share 2 1.000 0.6000 0.5500 1.200 0.9000 0.7200
Announcement Date 25/03/19 17/03/20 31/03/21 19/05/22 21/03/23 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 1 496 88.1 216 231 319 188
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -68.6 103 229 124 213 2.57
ROE (net income / shareholders' equity) 4.59% 2.57% 3.72% 11.3% 6.87% 4.53%
ROA (Net income/ Total Assets) 2.27% 1.45% 1.91% 5.37% 2.81% 1.43%
Assets 1 2,571 2,189 2,352 2,624 3,171 4,077
Book Value Per Share 2 15.70 15.10 15.00 16.20 16.20 16.00
Cash Flow per Share 2 6.200 5.270 6.440 4.880 6.730 1.950
Capex 1 8.16 14 23.8 15 25.4 48.9
Capex / Sales 0.2% 0.36% 0.58% 0.29% 0.58% 1.31%
Announcement Date 25/03/19 17/03/20 31/03/21 19/05/22 21/03/23 14/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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