Financials V-TAC Technology Co.,Ltd.

Equities

6229

TW0006229008

Semiconductors

End-of-day quote Taipei Exchange 03:30:00 31/05/2024 am IST 5-day change 1st Jan Change
41.85 TWD +2.57% Intraday chart for V-TAC Technology Co.,Ltd. +4.23% +50.27%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 447.5 563 1,142 1,563 871.4 992.6
Enterprise Value (EV) 1 238.8 397.5 1,007 1,492 956.3 1,066
P/E ratio 16.3 x 26.9 x 24.5 x 9.85 x 11.2 x 557 x
Yield 7.5% 3.4% 3.18% 5.7% 6.54% 1.8%
Capitalization / Revenue 0.28 x 0.36 x 0.65 x 0.74 x 0.54 x 0.9 x
EV / Revenue 0.15 x 0.25 x 0.58 x 0.71 x 0.6 x 0.97 x
EV / EBITDA 696 x 19.2 x 22.5 x 10.5 x 17.5 x -43.5 x
EV / FCF -11 x 13.7 x 11.8 x -12 x -58.4 x 34.5 x
FCF Yield -9.12% 7.32% 8.48% -8.32% -1.71% 2.9%
Price to Book 0.89 x 1.2 x 2.35 x 2.22 x 1.33 x 1.55 x
Nbr of stocks (in thousands) 36,088 36,088 35,641 35,641 35,641 35,641
Reference price 2 12.40 15.60 32.05 43.85 24.45 27.85
Announcement Date 01/04/19 30/03/20 26/03/21 25/03/22 27/03/23 20/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,596 1,561 1,745 2,113 1,605 1,101
EBITDA 1 0.343 20.7 44.83 142.7 54.68 -24.49
EBIT 1 -1.889 19.31 43.91 133.8 31.25 -27.76
Operating Margin -0.12% 1.24% 2.52% 6.33% 1.95% -2.52%
Earnings before Tax (EBT) 1 42.32 27.76 51.08 210.7 97.12 0.303
Net income 1 27.64 21.18 47.15 160 79.14 1.929
Net margin 1.73% 1.36% 2.7% 7.57% 4.93% 0.18%
EPS 2 0.7600 0.5800 1.310 4.450 2.190 0.0500
Free Cash Flow 1 -21.78 29.1 85.35 -124.1 -16.38 30.88
FCF margin -1.36% 1.86% 4.89% -5.87% -1.02% 2.8%
FCF Conversion (EBITDA) - 140.57% 190.36% - - -
FCF Conversion (Net income) - 137.41% 181% - - 1,600.65%
Dividend per Share 2 0.9300 0.5300 1.020 2.500 1.600 0.5000
Announcement Date 01/04/19 30/03/20 26/03/21 25/03/22 27/03/23 20/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 84.9 73.1
Net Cash position 1 209 166 136 70.8 - -
Leverage (Debt/EBITDA) - - - - 1.553 x -2.987 x
Free Cash Flow 1 -21.8 29.1 85.3 -124 -16.4 30.9
ROE (net income / shareholders' equity) 5.74% 4.37% 9.87% 26.9% 11.6% 0.3%
ROA (Net income/ Total Assets) -0.14% 1.44% 3.13% 6.76% 1.37% -1.36%
Assets 1 -19,461 1,466 1,507 2,367 5,772 -141.6
Book Value Per Share 2 13.90 13.00 13.60 19.70 18.40 17.90
Cash Flow per Share 2 6.340 5.880 6.150 6.620 4.180 3.780
Capex 1 1.55 0.79 0.41 51.9 3.09 1.29
Capex / Sales 0.1% 0.05% 0.02% 2.45% 0.19% 0.12%
Announcement Date 01/04/19 30/03/20 26/03/21 25/03/22 27/03/23 20/03/24
1TWD in Million2TWD
Estimates
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