ADVANCED ENERGY SOLUTION HOLDING CO., LTD. Financials Advanced Energy Solution Holding Co., Ltd.
Equities
6781
KYG0097V1086
Electrical Components & Equipment
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 640 TWD | -1.23% |
|
+0.79% | -15.01% |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 155,890 | 54,924 | 64,321 | 54,668 | - | - |
| Enterprise Value (EV) 1 | 149,013 | 49,525 | 64,023 | 48,903 | 47,600 | 54,668 |
| P/E ratio | 60.6 x | 17.1 x | 32.7 x | 22.9 x | 17.2 x | 16.4 x |
| Yield | 0.82% | 2.95% | 1.54% | 2.19% | 2.92% | 3.07% |
| Capitalization / Revenue | 13.5 x | 3.65 x | 6.41 x | 4.87 x | 3.94 x | 3.78 x |
| EV / Revenue | 12.9 x | 3.29 x | 6.38 x | 4.36 x | 3.43 x | 3.78 x |
| EV / EBITDA | 46.8 x | 11.8 x | 25.5 x | 16 x | 11.6 x | 12.6 x |
| EV / FCF | 173 x | 29.4 x | -83.6 x | 10.8 x | 19.5 x | - |
| FCF Yield | 0.58% | 3.41% | -1.2% | 9.23% | 5.13% | - |
| Price to Book | 15.1 x | 4.32 x | 4.98 x | 3.82 x | 3.38 x | - |
| Nbr of stocks (in thousands) | 85,419 | 85,419 | 85,419 | 85,419 | - | - |
| Reference price 2 | 1,825 | 643.0 | 753.0 | 640.0 | 640.0 | 640.0 |
| Announcement Date | 3/22/22 | 3/30/23 | 3/26/24 | - | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,859 | 6,307 | 11,550 | 15,052 | 10,032 | 11,226 | 13,883 | 14,480 |
| EBITDA 1 | - | - | 3,186 | 4,196 | 2,513 | 3,059 | 4,098 | 4,327 |
| EBIT 1 | - | 1,226 | 3,027 | 3,949 | 2,191 | 2,733 | 3,735 | 3,992 |
| Operating Margin | - | 19.45% | 26.21% | 26.24% | 21.84% | 24.35% | 26.9% | 27.57% |
| Earnings before Tax (EBT) 1 | - | - | 3,087 | 4,073 | 2,485 | 2,856 | 3,765 | 4,226 |
| Net income 1 | - | - | 2,435 | 3,218 | 1,968 | 2,385 | 3,171 | 3,338 |
| Net margin | - | - | 21.08% | 21.38% | 19.62% | 21.24% | 22.84% | 23.05% |
| EPS 2 | 9.410 | - | 30.10 | 37.67 | 23.04 | 27.91 | 37.12 | 39.08 |
| Free Cash Flow 1 | - | - | 863.4 | 1,687 | -765.6 | 4,514 | 2,442 | - |
| FCF margin | - | - | 7.48% | 11.21% | -7.63% | 40.21% | 17.59% | - |
| FCF Conversion (EBITDA) | - | - | 27.1% | 40.2% | - | 147.57% | 59.59% | - |
| FCF Conversion (Net income) | - | - | 35.46% | 52.43% | - | 189.3% | 77.01% | - |
| Dividend per Share 2 | - | - | 15.00 | 19.00 | 11.60 | 14.03 | 18.66 | 19.67 |
| Announcement Date | 3/21/21 | 3/27/21 | 3/22/22 | 3/30/23 | 3/26/24 | - | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,918 | 3,208 | 3,605 | 3,985 | 4,035 | 3,427 | 2,921 | 2,370 | 2,254 | 2,486 | 2,307 | 2,385 | 2,761 | 3,283 | - |
| EBITDA 1 | - | 815.2 | 975.9 | 1,106 | 1,166 | 948.2 | 789.6 | 554.4 | 552.1 | 617.1 | 603.2 | 622.6 | 754.6 | 911.6 | - |
| EBIT 1 | - | 766.9 | 919.4 | 1,045 | 1,102 | 882.5 | 711 | 475.7 | 470.4 | 533.5 | 518.5 | 544.3 | 675.8 | 833.3 | - |
| Operating Margin | - | 23.9% | 25.5% | 26.22% | 27.32% | 25.75% | 24.34% | 20.07% | 20.87% | 21.45% | 22.47% | 22.82% | 24.48% | 25.38% | - |
| Earnings before Tax (EBT) 1 | 779.3 | 794.1 | 941.4 | 1,062 | 1,160 | 910.5 | 777.9 | 557.1 | 565.6 | 584.7 | 585.2 | 612 | 749.6 | 907.9 | - |
| Net income 1 | 609.9 | 611.7 | 746 | 839.2 | 913.6 | 719 | 614.5 | 439.5 | 446.4 | 467.8 | 462.3 | 482.4 | 591.8 | 709.3 | - |
| Net margin | 20.9% | 19.07% | 20.69% | 21.06% | 22.64% | 20.98% | 21.04% | 18.54% | 19.81% | 18.81% | 20.04% | 20.23% | 21.43% | 21.61% | - |
| EPS 2 | 7.130 | 7.150 | 8.720 | 9.820 | 10.68 | 8.420 | 7.190 | 5.150 | 5.220 | 5.470 | 5.410 | 6.068 | 7.622 | 8.809 | 7.830 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/15/21 | 3/22/22 | 5/13/22 | 8/10/22 | 11/11/22 | 3/30/23 | 5/12/23 | 8/30/23 | 11/13/23 | 3/26/24 | 5/15/24 | - | - | - | - |
1TWD in Million2TWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | 6,877 | 5,399 | 298 | 5,765 | 7,068 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 863 | 1,687 | -766 | 4,514 | 2,442 | - |
| ROE (net income / shareholders' equity) | - | - | 34.9% | 27.9% | 15.4% | 17.4% | 20.6% | 19% |
| ROA (Net income/ Total Assets) | - | - | 22.6% | 18.8% | 10.4% | 12.4% | 14.5% | - |
| Assets 1 | - | - | 10,765 | 17,151 | 18,988 | 19,283 | 21,804 | - |
| Book Value Per Share 2 | - | - | 121.0 | 149.0 | 151.0 | 168.0 | 189.0 | - |
| Cash Flow per Share 2 | - | - | 18.10 | 31.40 | -3.110 | 75.10 | 27.90 | - |
| Capex 1 | - | - | 602 | 1,006 | 500 | 530 | 527 | - |
| Capex / Sales | - | - | 5.21% | 6.68% | 4.98% | 4.72% | 3.79% | - |
| Announcement Date | 3/21/21 | 3/27/21 | 3/22/22 | 3/30/23 | 3/26/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
640
TWD
Average target price
806.7
TWD
Spread / Average Target
+26.04%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -15.01% | 1.72B | |
| +1.55% | 149B | |
| +26.06% | 141B | |
| +37.13% | 132B | |
| +15.98% | 64.53B | |
| +1.16% | 38.87B | |
| +101.56% | 36.42B | |
| +7.40% | 32.41B | |
| -13.12% | 30.91B | |
| +7.44% | 29.41B |
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- Financials Advanced Energy Solution Holding Co., Ltd.