Financials Eclat Textile Co., Ltd.

Equities

1476

TW0001476000

Apparel & Accessories

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
512 TWD +0.20% Intraday chart for Eclat Textile Co., Ltd. +5.13% -8.90%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 110,570 115,920 173,126 135,949 154,194 140,476 - -
Enterprise Value (EV) 1 107,785 113,899 173,749 132,268 152,004 136,262 135,101 136,002
P/E ratio 25.7 x 27.2 x 33.6 x 20 x 29.8 x 22 x 18.9 x 15.1 x
Yield 2.73% 2.6% 1.74% 3.43% - 3.08% 3.58% 4.45%
Capitalization / Revenue 3.93 x 4.11 x 4.82 x 3.42 x 5.01 x 3.8 x 3.35 x 2.94 x
EV / Revenue 3.83 x 4.04 x 4.84 x 3.33 x 4.94 x 3.69 x 3.22 x 2.84 x
EV / EBITDA 17.1 x 18.4 x 24.7 x 15.5 x 20.5 x 14.9 x 12.9 x 11.3 x
EV / FCF 23.7 x 38.2 x 604 x 12.6 x 34.9 x 22.9 x 24.4 x -
FCF Yield 4.21% 2.62% 0.17% 7.96% 2.87% 4.37% 4.1% -
Price to Book 6.1 x 6.05 x 8.19 x 5.41 x 6.01 x 4.95 x 4.53 x 4.41 x
Nbr of stocks (in thousands) 274,367 274,367 274,367 274,367 274,367 274,367 - -
Reference price 2 403.0 422.5 631.0 495.5 562.0 512.0 512.0 512.0
Announcement Date 3/4/20 3/4/21 3/3/22 3/3/23 2/29/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 28,125 28,175 35,917 39,736 30,790 36,965 41,988 47,851
EBITDA 1 6,310 6,199 7,031 8,531 7,430 9,135 10,468 12,087
EBIT 1 5,471 5,497 6,398 7,737 6,549 8,026 9,318 11,058
Operating Margin 19.45% 19.51% 17.81% 19.47% 21.27% 21.71% 22.19% 23.11%
Earnings before Tax (EBT) 1 5,422 5,324 6,386 8,540 6,676 7,972 9,267 -
Net income 1 4,299 4,255 5,149 6,790 5,176 6,398 7,449 9,279
Net margin 15.29% 15.1% 14.33% 17.09% 16.81% 17.31% 17.74% 19.39%
EPS 2 15.67 15.51 18.76 24.75 18.87 23.32 27.09 33.82
Free Cash Flow 1 4,542 2,984 287.5 10,522 4,361 5,956 5,535 -
FCF margin 16.15% 10.59% 0.8% 26.48% 14.16% 16.11% 13.18% -
FCF Conversion (EBITDA) 71.99% 48.14% 4.09% 123.34% 58.7% 65.2% 52.87% -
FCF Conversion (Net income) 105.66% 70.14% 5.58% 154.96% 84.25% 93.08% 74.3% -
Dividend per Share 2 11.00 11.00 11.00 17.00 - 15.75 18.35 22.80
Announcement Date 3/4/20 3/4/21 3/3/22 3/3/23 2/29/24 - - -
1TWD in Million2TWD
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 8,059 9,852 10,178 11,215 10,713 7,630 6,498 7,821 7,973 8,499 7,975 9,055 9,522 10,111 9,430
EBITDA 1 1,354 1,744 2,178 2,507 2,439 1,408 1,349 1,875 2,042 2,165 1,893 2,177 2,294 2,502 -
EBIT 1 1,199 1,584 2,005 2,315 2,241 1,177 1,128 1,660 1,820 1,941 1,644 1,933 2,079 2,238 1,942
Operating Margin 14.88% 16.08% 19.7% 20.64% 20.92% 15.43% 17.36% 21.23% 22.83% 22.83% 20.61% 21.35% 21.84% 22.14% 20.59%
Earnings before Tax (EBT) 1 1,221 1,605 2,197 2,590 2,729 1,024 1,088 1,800 2,045 1,742 1,665 1,960 2,096 2,235 1,953
Net income 1 963 1,303 1,791 2,038 2,170 792.2 826.7 1,392 1,558 1,400 1,320 1,538 1,646 1,801 1,539
Net margin 11.95% 13.23% 17.59% 18.17% 20.26% 10.38% 12.72% 17.8% 19.54% 16.47% 16.55% 16.99% 17.29% 17.82% 16.32%
EPS 2 3.510 4.740 6.530 7.420 7.910 2.890 3.010 5.080 5.680 5.100 4.844 5.678 6.156 6.625 5.716
Dividend per Share 2 11.00 - - - - - - - - - - - 13.38 - -
Announcement Date 11/4/21 3/3/22 5/6/22 8/4/22 11/3/22 3/3/23 5/5/23 8/7/23 11/2/23 2/29/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 624 - - - - -
Net Cash position 1 2,784 2,021 - 3,681 2,190 4,214 5,375 4,474
Leverage (Debt/EBITDA) - - 0.0887 x - - - - -
Free Cash Flow 1 4,542 2,984 287 10,522 4,361 5,956 5,535 -
ROE (net income / shareholders' equity) 24.5% 22.8% 25.5% 29.3% 20.4% 23.5% 24.9% 29.7%
ROA (Net income/ Total Assets) 18.9% 17.1% 18.5% 23.7% 15.9% 18.3% 18.5% -
Assets 1 22,730 24,883 27,863 28,639 32,598 35,057 40,212 -
Book Value Per Share 2 66.10 69.90 77.10 91.60 93.60 103.0 113.0 116.0
Cash Flow per Share 2 21.40 14.20 10.10 44.90 17.00 29.60 29.30 -
Capex 1 1,325 914 2,490 1,796 303 1,812 1,882 -
Capex / Sales 4.71% 3.24% 6.93% 4.52% 0.98% 4.9% 4.48% -
Announcement Date 3/4/20 3/4/21 3/3/22 3/3/23 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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
512 TWD
Average target price
670.6 TWD
Spread / Average Target
+30.97%
Consensus
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  4. Financials Eclat Textile Co., Ltd.