Financials Formosa Electronic Industries Inc.

Equities

8171

TW0008171000

Electrical Components & Equipment

End-of-day quote Taipei Exchange 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
38.7 TWD -0.90% Intraday chart for Formosa Electronic Industries Inc. -0.51% -8.29%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 532.6 565.6 2,597 3,130 3,246 3,260
Enterprise Value (EV) 1 496.1 410.6 2,582 2,963 2,835 3,417
P/E ratio -7.81 x 2.32 x -37.3 x -43.6 x 24 x -84 x
Yield - 2.24% - - 1.54% -
Capitalization / Revenue 1.31 x 3.44 x 10.5 x 3.46 x 2.19 x 3.56 x
EV / Revenue 1.22 x 2.5 x 10.4 x 3.27 x 1.91 x 3.74 x
EV / EBITDA -7.01 x -5.21 x -46.1 x -55.9 x 41.6 x -75.3 x
EV / FCF 36.3 x -2.36 x -25.4 x -53.7 x -22.5 x -4.82 x
FCF Yield 2.76% -42.4% -3.93% -1.86% -4.45% -20.8%
Price to Book 1.33 x 0.89 x 4.65 x 3.57 x 2.53 x 2.02 x
Nbr of stocks (in thousands) 50,723 50,723 50,723 58,723 66,723 77,251
Reference price 2 10.50 11.15 51.20 53.30 48.65 42.20
Announcement Date 3/29/19 3/31/20 3/31/21 5/13/22 3/31/23 3/29/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 407 164.3 247.3 905.6 1,482 914.7
EBITDA 1 -70.81 -78.77 -55.96 -53.01 68.19 -45.39
EBIT 1 -88.54 -87.87 -61.8 -61.67 56.96 -58.94
Operating Margin -21.75% -53.49% -24.99% -6.81% 3.84% -6.44%
Earnings before Tax (EBT) 1 -76.93 -84.46 -72.24 -70.88 145.4 -39.21
Net income 1 -68.19 244.2 -69.71 -68.18 135.3 -36.33
Net margin -16.75% 148.67% -28.19% -7.53% 9.13% -3.97%
EPS 2 -1.344 4.814 -1.374 -1.223 2.026 -0.5027
Free Cash Flow 1 13.67 -174 -101.6 -55.17 -126.2 -709.5
FCF margin 3.36% -105.94% -41.07% -6.09% -8.52% -77.56%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - 0.2500 - - 0.7500 -
Announcement Date 3/29/19 3/31/20 3/31/21 5/13/22 3/31/23 3/29/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1 2023 Q2
Net sales 1 259.8 226
EBITDA - -
EBIT 1 1.968 -43.6
Operating Margin 0.76% -19.29%
Earnings before Tax (EBT) - -
Net income - -
Net margin - -
EPS - -
Dividend per Share - -
Announcement Date 5/14/23 8/11/23
1TWD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 157
Net Cash position 1 36.5 155 14.9 167 411 -
Leverage (Debt/EBITDA) - - - - - -3.462 x
Free Cash Flow 1 13.7 -174 -102 -55.2 -126 -709
ROE (net income / shareholders' equity) -15.7% -17.5% -11.7% -9.49% 12.5% -2.62%
ROA (Net income/ Total Assets) -7.46% -6.78% -4.09% -2.99% 1.8% -1.55%
Assets 1 913.9 -3,600 1,705 2,283 7,508 2,343
Book Value Per Share 2 7.900 12.50 11.00 14.90 19.30 20.90
Cash Flow per Share 2 3.740 4.010 5.150 10.10 7.770 5.430
Capex 1 2.08 3.35 21.3 19.6 55.1 209
Capex / Sales 0.51% 2.04% 8.6% 2.17% 3.72% 22.83%
Announcement Date 3/29/19 3/31/20 3/31/21 5/13/22 3/31/23 3/29/24
1TWD in Million2TWD
Estimates
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