Financials Winstar Display Co., Ltd.

Equities

6916

TW0006916000

Electronic Equipment & Parts

End-of-day quote Taiwan S.E. 03:30:00 31/05/2024 am IST 5-day change 1st Jan Change
26.85 TWD -1.47% Intraday chart for Winstar Display Co., Ltd. +4.27% -8.67%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 1,730 1,984
Enterprise Value (EV) 1 1,764 1,657
P/E ratio 5.78 x 22.1 x
Yield 3.25% 3.57%
Capitalization / Revenue 0.58 x 0.89 x
EV / Revenue 0.59 x 0.74 x
EV / EBITDA 4.02 x 8.16 x
EV / FCF 65,15,373 x 66,81,524 x
FCF Yield 0% 0%
Price to Book 1.82 x 1.71 x
Nbr of stocks (in thousands) 60,000 67,500
Reference price 2 28.83 29.40
Announcement Date 25/04/23 15/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 1,975 1,834 2,231 2,999 2,229
EBITDA 1 130.4 138.1 156.8 438.5 203.1
EBIT 1 35.7 52.07 79.25 351.7 126.6
Operating Margin 1.81% 2.84% 3.55% 11.73% 5.68%
Earnings before Tax (EBT) 1 24.47 14.68 57.35 394.7 141.8
Net income 1 -26.46 3.303 61.85 289.8 80.81
Net margin -1.34% 0.18% 2.77% 9.66% 3.62%
EPS 2 -0.5788 0.0700 1.339 4.988 1.330
Free Cash Flow - 173.8 -100.8 270.7 248
FCF margin - 9.48% -4.52% 9.03% 11.12%
FCF Conversion (EBITDA) - 125.82% - 61.73% 122.1%
FCF Conversion (Net income) - 5,261.95% - 93.42% 306.89%
Dividend per Share 2 0.5469 0.6563 0.5600 0.9375 1.050
Announcement Date 28/07/22 28/07/22 28/07/22 25/04/23 15/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 611 451 455 33.8 -
Net Cash position 1 - - - - 328
Leverage (Debt/EBITDA) 4.681 x 3.262 x 2.903 x 0.0772 x -
Free Cash Flow - 174 -101 271 248
ROE (net income / shareholders' equity) - 0.54% 11% 36.5% 7.64%
ROA (Net income/ Total Assets) - 1.79% 2.51% 9.8% 3.4%
Assets 1 - 184.4 2,463 2,958 2,378
Book Value Per Share 2 11.40 8.590 11.10 15.90 17.20
Cash Flow per Share 2 3.490 3.940 4.980 9.590 12.70
Capex 1 33.8 15.4 33.4 45.9 68.5
Capex / Sales 1.71% 0.84% 1.5% 1.53% 3.07%
Announcement Date 28/07/22 28/07/22 28/07/22 25/04/23 15/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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