Financials Winston Medical Supply Co., Ltd.

Equities

6817

TW0006817000

Pharmaceuticals

End-of-day quote Taipei Exchange 03:30:00 10/05/2024 am IST 5-day change 1st Jan Change
129.5 TWD -2.63% Intraday chart for Winston Medical Supply Co., Ltd. +1.97% +31.87%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 1,368 1,138 1,809
Enterprise Value (EV) 1 1,273 997.6 1,573
P/E ratio 15.1 x 10.3 x 11.4 x
Yield 5.31% 8.09% 6.72%
Capitalization / Revenue 2.55 x 1.88 x 2.55 x
EV / Revenue 2.37 x 1.64 x 2.22 x
EV / EBITDA 8.53 x 5.87 x 7.04 x
EV / FCF 11.9 x 10.7 x 9.95 x
FCF Yield 8.41% 9.32% 10%
Price to Book 4.26 x 3.15 x 4.23 x
Nbr of stocks (in thousands) 18,167 18,417 18,417
Reference price 2 75.30 61.80 98.20
Announcement Date 16/06/22 21/04/23 25/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 342.4 364.9 505.1 536.5 606.5 709.1
EBITDA 1 10.76 26.55 118.2 149.3 170 223.6
EBIT 1 -28.17 -8.254 83.72 115.3 135.9 196.1
Operating Margin -8.23% -2.26% 16.57% 21.49% 22.4% 27.66%
Earnings before Tax (EBT) 1 -28.62 -8.544 85.75 116.6 141.4 198.8
Net income 1 -25.95 -9.358 99.68 92.13 111.3 158.8
Net margin -7.58% -2.56% 19.73% 17.17% 18.34% 22.39%
EPS 2 -1.483 -0.5347 5.620 4.990 6.010 8.580
Free Cash Flow 1 9.842 48.6 74.48 107.1 92.98 158.1
FCF margin 2.87% 13.32% 14.74% 19.96% 15.33% 22.29%
FCF Conversion (EBITDA) 91.46% 183.05% 63.01% 71.73% 54.69% 70.69%
FCF Conversion (Net income) - - 74.71% 116.25% 83.57% 99.56%
Dividend per Share - - 3.000 4.000 5.000 6.600
Announcement Date 25/11/20 25/11/20 21/04/21 16/06/22 21/04/23 25/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 163 122 - - - -
Net Cash position 1 - - 7 94.7 141 235
Leverage (Debt/EBITDA) 15.11 x 4.578 x - - - -
Free Cash Flow 1 9.84 48.6 74.5 107 93 158
ROE (net income / shareholders' equity) -15.9% -5.27% 43.7% 30.3% 32.4% 40.2%
ROA (Net income/ Total Assets) -2.65% -0.84% 8.22% 11.1% 12.7% 16.3%
Assets 1 979.7 1,117 1,213 828.1 876.5 973.6
Book Value Per Share 2 10.40 9.870 16.20 17.70 19.60 23.20
Cash Flow per Share 2 6.070 6.940 8.360 8.840 11.00 16.20
Capex 1 12.7 6.46 2.9 5.05 6.39 19
Capex / Sales 3.7% 1.77% 0.57% 0.94% 1.05% 2.68%
Announcement Date 25/11/20 25/11/20 21/04/21 16/06/22 21/04/23 25/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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