Financials Mega Financial Holding Co., Ltd.

Equities

2886

TW0002886009

Banks

End-of-day quote Taiwan S.E. 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
39.05 TWD +0.39% Intraday chart for Mega Financial Holding Co., Ltd. -2.38% -0.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 416,155 405,275 483,474 423,074 550,812 562,372 - -
Enterprise Value (EV) 1 416,155 405,275 483,474 423,074 550,812 562,372 562,372 562,372
P/E ratio 14.4 x 16.2 x 18.8 x 23 x 16.5 x 16.3 x 16.4 x 16.3 x
Yield 5.56% 5.3% 3.94% - - 4.23% 4.4% 4.37%
Capitalization / Revenue 6.38 x 6.66 x 8.03 x 7.55 x 7.12 x 7.09 x 7.23 x 7.39 x
EV / Revenue 6.38 x 6.66 x 8.03 x 7.55 x 7.12 x 7.09 x 7.23 x 7.39 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.28 x 1.24 x 1.47 x - 1.64 x 1.55 x 1.51 x 1.51 x
Nbr of stocks (in thousands) 14,051,338 14,051,338 14,051,338 14,051,338 14,051,338 14,401,338 - -
Reference price 2 29.62 28.84 34.41 30.11 39.20 39.05 39.05 39.05
Announcement Date 3/31/20 3/30/21 3/15/22 3/15/23 3/13/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 65,275 60,810 60,231 56,050 77,322 79,322 77,811 76,132
EBITDA - - - - - - - -
EBIT 1 34,376 31,709 30,625 26,379 43,734 46,954 45,018 42,189
Operating Margin 52.66% 52.15% 50.85% 47.06% 56.56% 59.19% 57.85% 55.42%
Earnings before Tax (EBT) 1 33,654 29,331 28,656 21,144 37,048 39,481 37,861 37,078
Net income 1 28,956 25,018 25,731 18,335 33,247 34,817 33,724 32,891
Net margin 44.36% 41.14% 42.72% 32.71% 43% 43.89% 43.34% 43.2%
EPS 2 2.062 1.781 1.829 1.310 2.370 2.391 2.384 2.389
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.645 1.529 1.355 - - 1.652 1.719 1.705
Announcement Date 3/31/20 3/30/21 3/15/22 3/15/23 3/13/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2025 Q1 2025 Q2 2025 Q3
Net sales 1 14,814 13,950 18,278 20,484 18,894 19,667 22,426 18,491 18,146 18,523
EBITDA - - - - - - - - - -
EBIT - - - - 10,390 10,398 - - - -
Operating Margin - - - - 54.99% 52.87% - - - -
Earnings before Tax (EBT) 1 7,050 - 12,246 8,194 9,508 7,100 12,782 9,389 9,343 9,055
Net income 1 5,704 4,675 10,776 7,991 8,261 6,219 11,490 8,638 8,595 8,330
Net margin 38.5% 33.51% 58.96% 39.01% 43.72% 31.62% 51.24% 46.71% 47.37% 44.97%
EPS 2 0.4068 0.3373 0.7639 0.5700 0.5900 0.4500 0.8000 0.6000 0.6000 0.5800
Dividend per Share - - - - - - - - - -
Announcement Date 11/23/22 3/15/23 5/24/23 8/30/23 11/28/23 3/13/24 5/28/24 - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 9.07% 7.69% 7.86% - 10.5% 9.76% 9.29% 8.97%
ROA (Net income/ Total Assets) 0.8% 0.66% 0.62% - 0.79% 0.75% 0.7% 0.62%
Assets 1 3,612,757 3,770,037 4,168,325 - 4,227,851 4,658,449 4,851,018 5,313,626
Book Value Per Share 2 23.10 23.20 23.40 - 23.90 25.30 25.90 25.80
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 3/31/20 3/30/21 3/15/22 3/15/23 3/13/24 - - -
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
10
Last Close Price
39.05 TWD
Average target price
36.13 TWD
Spread / Average Target
-7.47%
Consensus
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  4. Financials Mega Financial Holding Co., Ltd.