Financials Arlitech Electronic Corp.

Equities

6432

TW0006432008

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
35.1 TWD -0.71% Intraday chart for Arlitech Electronic Corp. +2.63% -2.50%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 479.4 764.8 1,125 1,181 937.7 1,101
Enterprise Value (EV) 1 397.6 635.8 822.7 1,001 643.9 942.1
P/E ratio 8.44 x 16.4 x 15.7 x 14.7 x 23.5 x 35.2 x
Yield 7.36% 3.75% 4.13% 4.15% 4.89% 3.64%
Capitalization / Revenue 0.51 x 0.83 x 1.03 x 0.87 x 0.84 x 1.02 x
EV / Revenue 0.42 x 0.69 x 0.75 x 0.73 x 0.58 x 0.87 x
EV / EBITDA 4.97 x 6.5 x 5.61 x 6.19 x 18.5 x 17.9 x
EV / FCF -26.1 x 10 x 30.8 x -11.8 x 3.87 x -34.3 x
FCF Yield -3.83% 10% 3.25% -8.46% 25.8% -2.92%
Price to Book 0.96 x 1.51 x 1.57 x 1.49 x 1.18 x 1.42 x
Nbr of stocks (in thousands) 22,040 22,040 29,072 30,593 30,593 30,596
Reference price 2 21.75 34.70 38.70 38.60 30.65 36.00
Announcement Date 3/29/19 3/26/20 3/29/21 3/24/22 3/25/23 3/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 940.9 919.6 1,097 1,365 1,114 1,081
EBITDA 1 79.96 97.78 146.6 161.7 34.78 52.63
EBIT 1 52.77 57.8 109.9 119.8 2.637 19.7
Operating Margin 5.61% 6.28% 10.02% 8.78% 0.24% 1.82%
Earnings before Tax (EBT) 1 80.2 65.04 101.5 119.1 52.62 35.26
Net income 1 62.43 52.11 74.86 88.03 45.88 36.39
Net margin 6.63% 5.67% 6.83% 6.45% 4.12% 3.37%
EPS 2 2.577 2.111 2.460 2.633 1.306 1.023
Free Cash Flow 1 -15.23 63.61 26.72 -84.71 166.3 -27.48
FCF margin -1.62% 6.92% 2.44% -6.21% 14.93% -2.54%
FCF Conversion (EBITDA) - 65.05% 18.23% - 478.13% -
FCF Conversion (Net income) - 122.06% 35.7% - 362.43% -
Dividend per Share 2 1.600 1.300 1.600 1.600 1.500 1.310
Announcement Date 3/29/19 3/26/20 3/29/21 3/24/22 3/25/23 3/15/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 81.7 129 302 180 294 159
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -15.2 63.6 26.7 -84.7 166 -27.5
ROE (net income / shareholders' equity) 13.8% 10.2% 12% 11.6% 5.79% 4.63%
ROA (Net income/ Total Assets) 3.76% 3.79% 6.54% 6.13% 0.13% 0.98%
Assets 1 1,660 1,376 1,144 1,437 35,904 3,718
Book Value Per Share 2 22.60 22.90 24.60 25.80 26.00 25.40
Cash Flow per Share 2 8.180 8.070 9.620 10.80 14.90 11.50
Capex 1 39.2 24.6 27.1 78.3 22.4 24
Capex / Sales 4.17% 2.67% 2.47% 5.74% 2.01% 2.22%
Announcement Date 3/29/19 3/26/20 3/29/21 3/24/22 3/25/23 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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