Financials Axman Enterprise Co., Ltd.

Equities

6804

TW0006804008

Recreational Products

End-of-day quote Taipei Exchange 06:00:00 2024-06-03 pm EDT 5-day change 1st Jan Change
49 TWD -0.31% Intraday chart for Axman Enterprise Co., Ltd. -0.81% -10.58%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 1,151 1,160 1,626 1,918
Enterprise Value (EV) 1 1,652 1,714 1,766 1,721
P/E ratio 44.7 x 23 x 9.38 x 15.3 x
Yield 0.97% 1.4% 4.8% 4.74%
Capitalization / Revenue 0.85 x 0.65 x 0.49 x 0.57 x
EV / Revenue 1.21 x 0.95 x 0.53 x 0.51 x
EV / EBITDA 26.3 x 18.4 x 8.31 x 9.99 x
EV / FCF 49.4 x -11.3 x 6.63 x 15.6 x
FCF Yield 2.02% -8.88% 15.1% 6.41%
Price to Book 1.82 x 1.5 x 1.54 x 1.38 x
Nbr of stocks (in thousands) 24,758 27,400 30,000 35,000
Reference price 2 46.50 42.35 54.20 54.80
Announcement Date 4/21/21 3/7/22 3/7/23 3/4/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,071 2,084 1,362 1,799 3,323 3,363
EBITDA 1 87.12 97.53 62.81 93.2 212.6 172.2
EBIT 1 63.28 75.63 41.24 72 190.8 151.1
Operating Margin 3.06% 3.63% 3.03% 4% 5.74% 4.49%
Earnings before Tax (EBT) 1 75.88 70.68 32.46 62.79 215.9 148.7
Net income 1 59.76 53.86 25.8 49.46 171 114.8
Net margin 2.89% 2.58% 1.89% 2.75% 5.15% 3.41%
EPS 2 2.411 2.170 1.040 1.840 5.780 3.584
Free Cash Flow 1 34.58 27.33 33.42 -152.1 266.5 110.3
FCF margin 1.67% 1.31% 2.45% -8.46% 8.02% 3.28%
FCF Conversion (EBITDA) 39.69% 28.02% 53.21% - 125.35% 64.02%
FCF Conversion (Net income) 57.87% 50.74% 129.53% - 155.84% 96.09%
Dividend per Share 2 0.5000 0.5000 0.4518 0.5937 2.600 2.600
Announcement Date 11/17/20 11/17/20 4/21/21 3/7/22 3/7/23 3/4/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 564 531 500 553 140 -
Net Cash position 1 - - - - - 197
Leverage (Debt/EBITDA) 6.477 x 5.445 x 7.967 x 5.935 x 0.6594 x -
Free Cash Flow 1 34.6 27.3 33.4 -152 266 110
ROE (net income / shareholders' equity) 11.4% 9.04% 4.13% 7.04% 18.7% 9.39%
ROA (Net income/ Total Assets) 2.4% 2.72% 1.54% 2.41% 5.34% 4.01%
Assets 1 2,493 1,977 1,678 2,051 3,200 2,865
Book Value Per Share 2 23.30 24.90 25.50 28.20 35.20 39.70
Cash Flow per Share 2 5.330 9.910 4.160 6.580 11.90 18.00
Capex 1 3.87 3.17 4 3.14 3.17 11.4
Capex / Sales 0.19% 0.15% 0.29% 0.17% 0.1% 0.34%
Announcement Date 11/17/20 11/17/20 4/21/21 3/7/22 3/7/23 3/4/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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