Stock 2344 WINBOND ELECTRONICS CORPORATION
Add to a list
To use this feature you must be a member
Log inSign up

Financials Winbond Electronics Corporation

Equities

2344

TW0002344009

Semiconductors

End-of-day quote Taiwan S.E.
Other stock markets
 06:00:00 2024-06-13 pm EDT 		5-day change 1st Jan Change
24.65 TWD 0.00% Intraday chart for Winbond Electronics Corporation +0.82% -19.05%
May. 02 Winbond Electronics Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Apr. 26 Fih Co Enters into Joint Venture Agreement CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 77,809 115,619 135,320 78,008 127,281 103,037 - -
Enterprise Value (EV) 1 90,127 129,408 129,926 78,008 153,199 151,741 148,291 147,286
P/E ratio 61.1 x 88 x 9.97 x 6.03 x -105 x 27.4 x 12.9 x 16.7 x
Yield 0.51% 0.69% 2.94% - - 3.04% 2.27% 1.22%
Capitalization / Revenue 1.6 x 1.91 x 1.36 x 0.83 x 1.7 x 1.09 x 1.02 x -
EV / Revenue 1.85 x 2.13 x 1.3 x 0.83 x 2.04 x 1.61 x 1.47 x -
EV / EBITDA 8.98 x 11.7 x 4.32 x 2.99 x 15 x 8.88 x 6.94 x 5.78 x
EV / FCF - - 6.32 x - -15 x -28.3 x -239 x -
FCF Yield - - 15.8% - -6.65% -3.53% -0.42% -
Price to Book 1.28 x 1.77 x 1.64 x 0.83 x 1.38 x 1.11 x 1.01 x 1.04 x
Nbr of stocks (in thousands) 3,980,000 3,980,000 3,980,000 3,980,000 4,180,000 4,180,000 - -
Reference price 2 19.55 29.05 34.00 19.60 30.45 24.65 24.65 24.65
Announcement Date 2/6/20 2/19/21 2/11/22 2/17/23 2/7/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 48,771 60,683 99,570 94,530 75,006 94,166 100,760 -
EBITDA 1 10,033 11,090 30,084 26,084 10,226 17,095 21,363 25,484
EBIT 1 1,255 1,627 18,428 16,535 -1,630 4,857 10,333 10,584
Operating Margin 2.57% 2.68% 18.51% 17.49% -2.17% 5.16% 10.26% -
Earnings before Tax (EBT) 1 1,753 1,812 18,223 18,046 -697.7 7,669 11,550 -
Net income 1 1,256 1,304 13,595 12,927 -1,147 4,765 8,564 -
Net margin 2.58% 2.15% 13.65% 13.68% -1.53% 5.06% 8.5% -
EPS 2 0.3200 0.3300 3.410 3.250 -0.2900 0.8994 1.908 1.480
Free Cash Flow 1 - - 20,556 - -10,186 -5,354 -621.5 -
FCF margin - - 20.64% - -13.58% -5.69% -0.62% -
FCF Conversion (EBITDA) - - 68.33% - - - - -
FCF Conversion (Net income) - - 151.2% - - - - -
Dividend per Share 2 0.1000 0.2000 1.000 - - 0.7500 0.5587 0.3000
Announcement Date 2/6/20 2/19/21 2/11/22 2/17/23 2/7/24 - - -
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 25,996 26,514 26,647 22,145 19,224 17,516 18,811 19,506 19,174 20,121 22,056 - - 20,014 20,790
EBITDA 1 8,598 8,947 8,417 5,616 3,104 1,807 2,662 3,188 2,570 2,866 4,052 5,422 6,200 - -
EBIT 1 5,561 6,305 5,799 3,473 957.4 -1,101 -309.9 206.8 -425.9 -186.6 346.7 - - 214 826
Operating Margin 21.39% 23.78% 21.76% 15.68% 4.98% -6.29% -1.65% 1.06% -2.22% -0.93% 1.57% - - 1.07% 3.97%
Earnings before Tax (EBT) 1 5,554 6,370 7,096 3,693 - -907.7 209.7 206.1 - -426.6 1,120 1,684 2,026 228 832
Net income 1 4,194 4,559 5,153 2,669 546.3 -1,011 353.6 -114.1 -374.9 -464.3 336.2 - - 182 665
Net margin 16.13% 17.19% 19.34% 12.05% 2.84% -5.77% 1.88% -0.59% -1.96% -2.31% 1.52% - - 0.91% 3.2%
EPS 2 1.050 1.140 1.290 0.6700 0.1400 -0.2500 0.0900 -0.0300 -0.1000 -0.1100 0.1836 0.3277 0.3779 0.0400 0.1600
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 2/11/22 5/5/22 8/4/22 11/3/22 2/17/23 5/5/23 8/4/23 11/2/23 2/7/24 5/2/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 12,318 13,789 - - 25,918 48,704 45,254 44,249
Net Cash position 1 - - 5,394 - - - - -
Leverage (Debt/EBITDA) 1.228 x 1.243 x - - 2.535 x 2.849 x 2.118 x 1.736 x
Free Cash Flow 1 - - 20,556 - -10,186 -5,355 -622 -
ROE (net income / shareholders' equity) 2.04% 2.06% 18.4% 14.6% -1.23% 3.93% 7.96% 6.42%
ROA (Net income/ Total Assets) 1.25% 1.13% 9.75% 7.67% -0.61% 2.04% 4.46% -
Assets 1 100,423 115,400 139,392 168,452 187,463 234,019 192,040 -
Book Value Per Share 2 15.30 16.40 20.70 23.70 22.10 22.20 24.30 23.60
Cash Flow per Share 2 - - - - - 2.980 4.450 -
Capex 1 13,429 8,286 9,820 - 13,787 16,601 17,644 -
Capex / Sales 27.53% 13.65% 9.86% - 18.38% 17.63% 17.51% -
Announcement Date 2/6/20 2/19/21 2/11/22 2/17/23 2/7/24 - - -
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

Ratings for Winbond Electronics Corporation

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
24.65 TWD
Average target price
30.52 TWD
Spread / Average Target
+23.80%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Semiconductors

1st Jan change Capi.
WINBOND ELECTRONICS CORPORATION Stock Winbond Electronics Corporation
-19.05% 3.18B
NVIDIA CORPORATION Stock NVIDIA Corporation
+166.31% 3,185B
BROADCOM INC. Stock Broadcom Inc.
+55.43% 782B
TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY) Stock TSMC (Taiwan Semiconductor Manufacturing Company)
+55.48% 736B
AMD (ADVANCED MICRO DEVICES) Stock AMD (Advanced Micro Devices)
+8.29% 258B
QUALCOMM, INC. Stock Qualcomm, Inc.
+48.88% 243B
TEXAS INSTRUMENTS INCORPORATED Stock Texas Instruments Incorporated
+13.75% 179B
ARM HOLDINGS PLC Stock Arm Holdings plc
+110.11% 164B
MICRON TECHNOLOGY, INC. Stock Micron Technology, Inc.
+65.64% 159B
INTEL CORPORATION Stock Intel Corporation
-39.40% 130B
Other Semiconductors
  1. Stock Market
  2. Equities
  3. 2344 Stock
  4. Financials Winbond Electronics Corporation