Financials CyberLink Corp.

Equities

5203

TW0005203004

Software

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
88.3 TWD +1.73% Intraday chart for CyberLink Corp. +5.12% -9.90%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 9,448 8,578 6,861 6,544 7,736 6,971 -
Enterprise Value (EV) 1 9,448 8,578 6,861 6,544 7,736 6,971 6,971
P/E ratio - - - - - - -
Yield - - - - - - -
Capitalization / Revenue 6.49 x 5.23 x 4.35 x 3.87 x 4.15 x 3.26 x 2.9 x
EV / Revenue 6.49 x 5.23 x 4.35 x 3.87 x 4.15 x 3.26 x 2.9 x
EV / EBITDA - - -14.6 x 28 x 30.3 x -14.9 x -14.9 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 2.25 x - - - - - -
Nbr of stocks (in thousands) 84,353 82,485 77,088 78,942 78,942 78,942 -
Reference price 2 112.0 104.0 89.00 82.90 98.00 88.30 88.30
Announcement Date 2/25/20 2/26/21 3/11/22 3/7/23 2/29/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 1,455 1,641 1,577 1,691 1,865 2,136 2,406
EBITDA 1 - - -468.9 233.5 255.1 -469 -469
EBIT 1 258.6 237.4 196.9 197.2 150.1 258 390
Operating Margin 17.78% 14.47% 12.48% 11.66% 8.05% 12.08% 16.21%
Earnings before Tax (EBT) - - - - - - -
Net income - - - - - - -
Net margin - - - - - - -
EPS - - - - - - -
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share - - - - - - -
Announcement Date 2/25/20 2/26/21 3/11/22 3/7/23 2/29/24 - -
1TWD in Million
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 1 370.7 408.5 381.4 - 428.7 439 430.7 445.7 479.2 509.5 492 526 549 569 550
EBITDA - - - - - - - - - - - - - - -
EBIT 1 55.2 51.17 18.89 - 51.1 64.58 33.51 39.84 42.86 33.91 34 54 75 94 63
Operating Margin 14.89% 12.53% 4.95% - 11.92% 14.71% 7.78% 8.94% 8.94% 6.66% 6.91% 10.27% 13.66% 16.52% 11.45%
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income - - - 100.9 - - - - - - - - - - -
Net margin - - - - - - - - - - - - - - -
EPS - - - 1.280 - - 0.6900 - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 10/29/21 3/11/22 4/29/22 7/27/22 11/2/22 3/7/23 4/28/23 7/28/23 10/30/23 2/29/24 - - - - -
1TWD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - - -20.8% 4.99% 4.88% 7.32% 8.15%
ROA (Net income/ Total Assets) - - -14.2% 3.75% 3.84% 5.72% 6.37%
Assets - - - - - - -
Book Value Per Share 49.80 - - - - - -
Cash Flow per Share - - - - - - -
Capex 1 - - - 10.5 15.7 10 10
Capex / Sales - - - 0.62% 0.84% 0.47% 0.42%
Announcement Date 2/25/20 2/26/21 3/11/22 3/7/23 2/29/24 - -
1TWD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
88.3 TWD
Average target price
110 TWD
Spread / Average Target
+24.58%
Consensus

Quarterly revenue - Rate of surprise

1st Jan change Capi.
-9.90% 214M
-19.95% 214B
-9.06% 66.27B
-3.37% 56.38B
-10.49% 46.62B
+8.30% 43.93B
-6.51% 34.19B
-7.95% 29.14B
+85.24% 24.32B
+3.45% 21.64B
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