ALEXANDER MARINE CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 396 TWD | +3.39% |
|
+4.76% | +3.94% |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Capitalization 1 | 25,644 | 33,517 | 34,837 | - |
| Enterprise Value (EV) 1 | 25,963 | 33,517 | 31,238 | 30,007 |
| P/E ratio | 14.6 x | 16.1 x | 15.8 x | 14 x |
| Yield | - | - | 3.17% | 3.58% |
| Capitalization / Revenue | 4.62 x | 5.3 x | 5.03 x | 4.6 x |
| EV / Revenue | 4.67 x | 5.3 x | 4.51 x | 3.96 x |
| EV / EBITDA | 12.8 x | 14.3 x | 12.8 x | 11 x |
| EV / FCF | 12.4 x | - | 19.4 x | 12.8 x |
| FCF Yield | 8.05% | - | 5.16% | 7.78% |
| Price to Book | - | - | 3.94 x | 3.41 x |
| Nbr of stocks (in thousands) | 87,972 | 87,972 | 87,972 | - |
| Reference price 2 | 291.5 | 381.0 | 396.0 | 396.0 |
| Announcement Date | 3/10/23 | 2/29/24 | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net sales 1 | 5,555 | 6,325 | 6,919 | 7,573 |
| EBITDA 1 | 2,023 | 2,349 | 2,432 | 2,740 |
| EBIT 1 | 1,862 | 2,192 | 2,352 | 2,658 |
| Operating Margin | 33.51% | 34.65% | 33.99% | 35.1% |
| Earnings before Tax (EBT) 1 | 1,842 | 2,215 | 2,351 | 2,657 |
| Net income 1 | 1,753 | 2,081 | 2,210 | 2,497 |
| Net margin | 31.56% | 32.91% | 31.94% | 32.97% |
| EPS 2 | 19.91 | 23.64 | 25.12 | 28.39 |
| Free Cash Flow 1 | 2,091 | - | 1,612 | 2,336 |
| FCF margin | 37.64% | - | 23.3% | 30.85% |
| FCF Conversion (EBITDA) | 103.35% | - | 66.28% | 85.26% |
| FCF Conversion (Net income) | 119.25% | - | 72.94% | 93.55% |
| Dividend per Share 2 | - | - | 12.56 | 14.19 |
| Announcement Date | 3/10/23 | 2/29/24 | - | - |
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 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 1,404 | 1,587 | 1,452 | 1,649 | 1,637 | 1,709 | 1,700 | 1,700 | 1,810 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | 490.3 | 626.5 | 543.4 | 468.9 | 553.1 | 586 | 589 | 559 | 618 |
| Operating Margin | - | 34.93% | 39.48% | 37.42% | 28.43% | 33.79% | 34.29% | 34.65% | 32.88% | 34.14% |
| Earnings before Tax (EBT) | - | 438.4 | 630.7 | 567.2 | 460.7 | 556 | - | - | - | - |
| Net income | 415.4 | 409.7 | 615.8 | 499.7 | 425.8 | 540.1 | - | - | - | - |
| Net margin | - | 29.18% | 38.81% | 34.41% | 25.82% | 32.99% | - | - | - | - |
| EPS | 4.720 | 4.650 | 7.000 | 5.680 | 4.840 | 6.130 | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/14/22 | 3/10/23 | 5/9/23 | 8/7/23 | 11/13/23 | 2/29/24 | - | - | - | - |
1TWD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Debt 1 | 319 | - | - | - |
| Net Cash position 1 | - | - | 3,599 | 4,830 |
| Leverage (Debt/EBITDA) | 0.1577 x | - | - | - |
| Free Cash Flow 1 | 2,091 | - | 1,612 | 2,336 |
| ROE (net income / shareholders' equity) | 45.5% | - | 26.8% | 26.2% |
| ROA (Net income/ Total Assets) | 22% | - | 21.8% | 21.8% |
| Assets 1 | 7,953 | - | 10,138 | 11,454 |
| Book Value Per Share 2 | - | - | 100.0 | 116.0 |
| Cash Flow per Share | - | - | - | - |
| Capex 1 | 18.9 | - | 30 | 30 |
| Capex / Sales | 0.34% | - | 0.43% | 0.4% |
| Announcement Date | 3/10/23 | 2/29/24 | - | - |
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
OUTPERFORM
Number of Analysts
1
Last Close Price
396
TWD
Average target price
465
TWD
Spread / Average Target
+17.42%
EPS Revisions
- Stock Market
- Equities
- 8478 Stock
- Financials Alexander Marine Co., Ltd.
