Financials ABICO NetCom Co.,Ltd.

Equities

8071

TW0008071002

Computer Hardware

End-of-day quote Taipei Exchange 06:00:00 2024-06-11 pm EDT 5-day change 1st Jan Change
18.85 TWD +9.91% Intraday chart for ABICO NetCom Co.,Ltd. -3.33% +30.45%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 588.5 733.7 630 834.8 764.9 749.3
Enterprise Value (EV) 1 944.7 1,108 1,083 818 749.2 819.4
P/E ratio 10.3 x 10.5 x 43.3 x 15 x 22.1 x -17.6 x
Yield - - 1.65% 7.45% 3.39% -
Capitalization / Revenue 0.11 x 0.15 x 0.16 x 0.32 x 0.3 x 0.35 x
EV / Revenue 0.18 x 0.23 x 0.28 x 0.32 x 0.29 x 0.39 x
EV / EBITDA 2.29 x 2.71 x 3.97 x 5.63 x 6.15 x 11.1 x
EV / FCF 5.12 x 2.67 x 5.2 x -38.2 x 6.52 x 19.4 x
FCF Yield 19.5% 37.5% 19.2% -2.62% 15.3% 5.15%
Price to Book 0.77 x 0.95 x 0.83 x 1.02 x 0.97 x 1.1 x
Nbr of stocks (in thousands) 51,854 51,854 51,854 51,854 51,854 51,854
Reference price 2 11.35 14.15 12.15 16.10 14.75 14.45
Announcement Date 3/28/19 3/30/20 3/30/21 3/31/22 3/31/23 3/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,260 4,854 3,866 2,573 2,553 2,120
EBITDA 1 412.8 408.1 272.7 145.3 121.8 73.85
EBIT 1 197.2 224.2 91.86 90.69 75.1 23.49
Operating Margin 3.75% 4.62% 2.38% 3.52% 2.94% 1.11%
Earnings before Tax (EBT) 1 185.3 213 94.36 111.2 122.6 4.138
Net income 1 57.18 70.09 14.54 57.6 34.67 -42.64
Net margin 1.09% 1.44% 0.38% 2.24% 1.36% -2.01%
EPS 2 1.103 1.352 0.2805 1.072 0.6686 -0.8223
Free Cash Flow 1 184.6 415 208.4 -21.41 114.9 42.17
FCF margin 3.51% 8.55% 5.39% -0.83% 4.5% 1.99%
FCF Conversion (EBITDA) 44.72% 101.69% 76.4% - 94.37% 57.1%
FCF Conversion (Net income) 322.83% 592.04% 1,432.72% - 331.48% -
Dividend per Share - - 0.2000 1.200 0.5000 -
Announcement Date 3/28/19 3/30/20 3/30/21 3/31/22 3/31/23 3/15/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 356 374 453 - - 70.1
Net Cash position 1 - - - 16.8 15.7 -
Leverage (Debt/EBITDA) 0.863 x 0.9163 x 1.662 x - - 0.9487 x
Free Cash Flow 1 185 415 208 -21.4 115 42.2
ROE (net income / shareholders' equity) 9.04% 9.29% 4% 8.71% 5.83% -2.65%
ROA (Net income/ Total Assets) 3.56% 3.7% 1.53% 2.32% 1.84% 0.61%
Assets 1 1,605 1,896 950.8 2,486 1,880 -6,989
Book Value Per Share 2 14.80 14.90 14.70 15.80 15.10 13.10
Cash Flow per Share 2 16.70 18.90 15.30 11.70 12.40 9.770
Capex 1 62.3 46.1 57.5 28.5 140 48.3
Capex / Sales 1.18% 0.95% 1.49% 1.11% 5.47% 2.28%
Announcement Date 3/28/19 3/30/20 3/30/21 3/31/22 3/31/23 3/15/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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