Financials Ennoconn Corporation

Equities

6414

TW0006414006

Computer Hardware

End-of-day quote Taiwan S.E. 06:00:00 2024-06-16 pm EDT 5-day change 1st Jan Change
336 TWD +0.30% Intraday chart for Ennoconn Corporation +2.75% +25.37%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 20,479 23,247 23,924 21,579 34,362 46,041 - -
Enterprise Value (EV) 1 28,741 30,316 32,867 31,264 39,009 37,722 38,006 46,098
P/E ratio 22.9 x 26 x 21.4 x 8.37 x 14.1 x 19.1 x 14 x 10.6 x
Yield 1.62% 1.99% 2.96% - 4.26% 3.68% 4.4% 4.84%
Capitalization / Revenue 0.25 x 0.28 x 0.25 x 0.2 x 0.28 x 0.32 x 0.29 x 0.25 x
EV / Revenue 0.35 x 0.36 x 0.34 x 0.29 x 0.32 x 0.27 x 0.24 x 0.25 x
EV / EBITDA 4.64 x 4.57 x 5.16 x 4.47 x 4.86 x 3.6 x 3.05 x 3.13 x
EV / FCF 6.75 x 7.29 x -171 x -17.7 x 6.61 x 11.2 x 10.3 x 10.2 x
FCF Yield 14.8% 13.7% -0.59% -5.64% 15.1% 8.93% 9.72% 9.81%
Price to Book 2.51 x 2.53 x 2.23 x 1.39 x 1.62 x 1.78 x 1.53 x 1.16 x
Nbr of stocks (in thousands) 91,062 92,617 101,157 106,037 128,216 137,027 - -
Reference price 2 224.9 251.0 236.5 203.5 268.0 336.0 336.0 336.0
Announcement Date 3/30/20 3/29/21 3/22/22 3/31/23 4/1/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 81,506 84,091 96,557 108,229 121,641 142,292 161,084 182,511
EBITDA 1 6,189 6,629 6,370 6,997 8,023 10,476 12,453 14,738
EBIT 1 3,377 3,674 3,193 3,083 5,206 6,458 8,791 11,163
Operating Margin 4.14% 4.37% 3.31% 2.85% 4.28% 4.54% 5.46% 6.12%
Earnings before Tax (EBT) 1 3,812 3,977 4,287 3,709 6,916 8,207 9,720 12,591
Net income 1 1,080 1,112 1,373 3,453 2,261 2,526 3,291 4,166
Net margin 1.33% 1.32% 1.42% 3.19% 1.86% 1.78% 2.04% 2.28%
EPS 2 9.833 9.640 11.05 24.32 19.01 17.62 24.05 31.56
Free Cash Flow 1 4,259 4,156 -192.4 -1,762 5,904 3,368 3,696 4,524
FCF margin 5.23% 4.94% -0.2% -1.63% 4.85% 2.37% 2.29% 2.48%
FCF Conversion (EBITDA) 68.83% 62.69% - - 73.59% 32.15% 29.68% 30.7%
FCF Conversion (Net income) 394.29% 373.93% - - 261.14% 133.33% 112.3% 108.59%
Dividend per Share 2 3.642 5.000 7.000 - 11.41 12.38 14.78 16.27
Announcement Date 3/30/20 3/29/21 3/22/22 3/31/23 4/1/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 30,147 24,272 26,839 32,161 24,956 28,491 28,962 29,963 34,225 32,717 34,841 36,671 39,546 35,672 37,570
EBITDA 1 - - - - - - - - 6,040 1,863 2,398 2,957 3,158 - -
EBIT 1 770.3 729.6 1,136 1,213 5.208 1,283 1,472 1,380 1,071 968.8 1,647 2,030 2,126 1,704 2,194
Operating Margin 2.56% 3.01% 4.23% 3.77% 0.02% 4.5% 5.08% 4.61% 3.13% 2.96% 4.73% 5.54% 5.38% 4.78% 5.84%
Earnings before Tax (EBT) 1 1,578 1,042 1,560 1,883 -775.4 1,560 2,283 1,982 1,091 1,687 2,175 2,095 1,507 1,892 2,462
Net income 1 511.1 313.8 441.3 652.2 2,046 492.4 579.8 762.6 426.1 631.3 817 755 323 555.5 789
Net margin 1.7% 1.29% 1.64% 2.03% 8.2% 1.73% 2% 2.55% 1.24% 1.93% 2.34% 2.06% 0.82% 1.56% 2.1%
EPS 2 3.670 2.970 3.240 4.660 14.04 3.470 4.100 6.020 3.100 4.110 5.970 5.510 2.360 3.765 5.425
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 3/22/22 5/16/22 8/11/22 11/10/22 3/31/23 5/11/23 8/14/23 11/14/23 4/1/24 5/15/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 8,262 7,069 8,944 9,685 4,647 - - 56.6
Net Cash position 1 - - - - - 8,319 8,035 -
Leverage (Debt/EBITDA) 1.335 x 1.066 x 1.404 x 1.384 x 0.5792 x - - 0.00384 x
Free Cash Flow 1 4,259 4,156 -192 -1,762 5,904 3,368 3,696 4,524
ROE (net income / shareholders' equity) 14.6% 12.7% 13.6% 26.2% 12.1% 8.18% 11.3% 12.8%
ROA (Net income/ Total Assets) 1.32% 1.22% 1.42% 3.14% 1.84% 1.9% 3.2% 2.7%
Assets 1 82,034 91,094 96,947 109,895 123,039 132,947 102,833 154,296
Book Value Per Share 2 89.60 99.20 106.0 146.0 166.0 189.0 219.0 290.0
Cash Flow per Share 2 55.80 43.10 12.40 -5.210 49.20 40.40 65.40 76.80
Capex 1 982 1,160 1,786 1,023 1,470 1,000 1,556 2,641
Capex / Sales 1.21% 1.38% 1.85% 0.94% 1.21% 0.7% 0.97% 1.45%
Announcement Date 3/30/20 3/29/21 3/22/22 3/31/23 4/1/24 - - -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
336 TWD
Average target price
378.9 TWD
Spread / Average Target
+12.76%
Consensus
  1. Stock Market
  2. Equities
  3. 6414 Stock
  4. Financials Ennoconn Corporation