Financials Univacco Technology Inc.

Equities

3303

TW0003303004

Commodity Chemicals

End-of-day quote Taipei Exchange 03:30:00 17/05/2024 am IST 5-day change 1st Jan Change
42.7 TWD +5.17% Intraday chart for Univacco Technology Inc. +18.94% +45.98%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,850 2,338 2,121 2,326 2,352 2,752
Enterprise Value (EV) 1 2,187 2,625 2,473 2,693 2,601 2,911
P/E ratio 8.87 x 11.3 x 14.9 x 15.6 x 8.68 x 13.4 x
Yield 8.31% 6.64% 6.14% 5.8% 8% 5.98%
Capitalization / Revenue 0.74 x 0.93 x 0.9 x 0.82 x 0.84 x 1.12 x
EV / Revenue 0.88 x 1.05 x 1.04 x 0.95 x 0.93 x 1.18 x
EV / EBITDA 6.21 x 6.7 x 5.9 x 5.26 x 6.15 x 8.13 x
EV / FCF -9.78 x 11.7 x 12.8 x 26.3 x 14.3 x 11.7 x
FCF Yield -10.2% 8.57% 7.79% 3.8% 6.99% 8.54%
Price to Book 1.03 x 1.3 x 1.21 x 1.32 x 1.21 x 1.4 x
Nbr of stocks (in thousands) 96,090 94,091 93,033 93,033 94,091 94,091
Reference price 2 19.25 24.85 22.80 25.00 25.00 29.25
Announcement Date 11/03/19 18/03/20 31/03/21 07/03/22 13/03/23 29/02/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,488 2,502 2,368 2,848 2,808 2,459
EBITDA 1 351.9 391.7 418.8 512.2 423.2 357.9
EBIT 1 227.5 272.1 290.7 379.6 290.4 228.5
Operating Margin 9.15% 10.88% 12.28% 13.33% 10.34% 9.29%
Earnings before Tax (EBT) 1 253.4 256 191.3 193.3 352.7 235.9
Net income 1 209.3 208.4 144.1 150.6 274.3 208.3
Net margin 8.41% 8.33% 6.08% 5.29% 9.77% 8.47%
EPS 2 2.170 2.200 1.530 1.600 2.880 2.190
Free Cash Flow 1 -223.5 225.1 192.6 102.4 181.7 248.5
FCF margin -8.98% 8.99% 8.13% 3.6% 6.47% 10.11%
FCF Conversion (EBITDA) - 57.45% 46% 20% 42.93% 69.43%
FCF Conversion (Net income) - 108% 133.71% 68.01% 66.24% 119.31%
Dividend per Share 2 1.600 1.650 1.400 1.450 2.000 1.750
Announcement Date 11/03/19 18/03/20 31/03/21 07/03/22 13/03/23 29/02/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 337 287 352 367 249 159
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.9572 x 0.7333 x 0.84 x 0.7171 x 0.5874 x 0.444 x
Free Cash Flow 1 -223 225 193 102 182 249
ROE (net income / shareholders' equity) 12.5% 11.7% 8.11% 8.52% 14.6% 10.6%
ROA (Net income/ Total Assets) 4.86% 5.7% 5.86% 7.08% 5.48% 4.59%
Assets 1 4,311 3,659 2,458 2,126 5,007 4,535
Book Value Per Share 2 18.60 19.10 18.80 19.00 20.70 20.80
Cash Flow per Share 2 3.930 3.950 5.540 5.680 4.740 4.790
Capex 1 276 285 106 152 121 133
Capex / Sales 11.09% 11.38% 4.47% 5.35% 4.32% 5.39%
Announcement Date 11/03/19 18/03/20 31/03/21 07/03/22 13/03/23 29/02/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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