Financials APAC Opto Electronics Inc.

Equities

4908

TW0004908009

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
98.1 TWD +0.72% Intraday chart for APAC Opto Electronics Inc. +0.62% +16.37%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 2,034 1,517 3,152 2,487 2,495 2,343
Enterprise Value (EV) 1 1,289 700.4 2,177 1,512 1,463 1,175
P/E ratio 16.9 x 12 x 24.4 x 20.6 x 17.3 x 9.1 x
Yield 3.09% 4.43% 2.73% 3.46% 5.64% 10%
Capitalization / Revenue 2 x 1.93 x 3.85 x 3.36 x 3.2 x 2.65 x
EV / Revenue 1.27 x 0.89 x 2.66 x 2.04 x 1.88 x 1.33 x
EV / EBITDA 6.71 x 4.54 x 11.9 x 8.21 x 7.27 x 4.66 x
EV / FCF 14.1 x 7.02 x 10.5 x 21.5 x 12.9 x 7.44 x
FCF Yield 7.11% 14.3% 9.56% 4.64% 7.77% 13.4%
Price to Book 1.51 x 1.07 x 2.12 x 1.63 x 1.58 x 1.38 x
Nbr of stocks (in thousands) 77,627 78,218 78,217 78,217 78,217 78,217
Reference price 2 26.20 19.40 40.30 31.80 31.90 29.95
Announcement Date 3/31/18 3/29/19 3/31/20 3/31/21 3/31/22 3/31/23
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,015 787.8 818 740.8 778.9 884.8
EBITDA 1 192.1 154.4 182.8 184.2 201.2 252.3
EBIT 1 167.6 131.4 158.4 159 177.4 230.2
Operating Margin 16.51% 16.68% 19.37% 21.46% 22.77% 26.02%
Earnings before Tax (EBT) 1 144.6 157 163 140.4 167 309.9
Net income 1 121 129 129.7 121.4 145.2 260.9
Net margin 11.92% 16.37% 15.86% 16.38% 18.64% 29.49%
EPS 2 1.550 1.620 1.650 1.540 1.840 3.290
Free Cash Flow 1 91.69 99.83 208.2 70.22 113.6 158
FCF margin 9.03% 12.67% 25.45% 9.48% 14.59% 17.86%
FCF Conversion (EBITDA) 47.73% 64.67% 113.85% 38.12% 56.46% 62.64%
FCF Conversion (Net income) 75.75% 77.4% 160.43% 57.86% 78.24% 60.56%
Dividend per Share 2 0.8100 0.8600 1.100 1.100 1.800 3.000
Announcement Date 3/31/18 3/29/19 3/31/20 3/31/21 3/31/22 3/31/23
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 745 817 975 975 1,032 1,167
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 91.7 99.8 208 70.2 114 158
ROE (net income / shareholders' equity) 9.27% 9.3% 8.92% 8.05% 9.35% 15.9%
ROA (Net income/ Total Assets) 7.11% 5.35% 6.23% 6.05% 6.45% 7.86%
Assets 1 1,701 2,409 2,083 2,008 2,251 3,320
Book Value Per Share 2 17.40 18.20 19.00 19.50 20.20 21.70
Cash Flow per Share 2 9.600 10.40 12.50 12.50 8.820 5.350
Capex 1 10.2 11.5 11.8 10.3 16.6 6.26
Capex / Sales 1.01% 1.46% 1.45% 1.39% 2.14% 0.71%
Announcement Date 3/31/18 3/29/19 3/31/20 3/31/21 3/31/22 3/31/23
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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