Financials Goodway Machine Corp.

Equities

1583

TW0001583003

Industrial Machinery & Equipment

End-of-day quote Taiwan S.E. 06:00:00 2024-05-07 pm EDT 5-day change 1st Jan Change
74.5 TWD 0.00% Intraday chart for Goodway Machine Corp. +1.09% +10.37%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,608 6,503 6,867 7,021 6,801 7,452
Enterprise Value (EV) 1 9,162 8,869 8,374 8,092 8,459 7,800
P/E ratio 9.64 x 24.6 x 14.2 x 19.3 x 9.64 x 10.5 x
Yield 5.91% 5.09% 4.82% 3.93% 4.87% 5.93%
Capitalization / Revenue 0.67 x 1.06 x 1.32 x 1.04 x 1.07 x 1.4 x
EV / Revenue 1.09 x 1.45 x 1.61 x 1.2 x 1.32 x 1.47 x
EV / EBITDA 9.37 x 13.6 x 35.5 x 10.4 x 8.61 x 12.9 x
EV / FCF -8.96 x 5.7 x 35.8 x 12.3 x -20.2 x 6.4 x
FCF Yield -11.2% 17.5% 2.79% 8.14% -4.94% 15.6%
Price to Book 1.25 x 1.43 x 1.41 x 1.39 x 1.3 x 1.35 x
Nbr of stocks (in thousands) 110,400 110,400 110,400 110,400 110,400 110,400
Reference price 2 50.80 58.90 62.20 63.60 61.60 67.50
Announcement Date 3/29/19 3/30/20 3/25/21 3/24/22 3/27/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 8,382 6,125 5,205 6,725 6,385 5,319
EBITDA 1 977.8 653.6 235.9 776.6 983 606.2
EBIT 1 795 465.2 58.49 605.3 813.8 439.3
Operating Margin 9.48% 7.6% 1.12% 9% 12.74% 8.26%
Earnings before Tax (EBT) 1 942.2 476.5 634.1 659.9 1,133 984
Net income 1 596.9 268.5 485 363.7 708.2 713.3
Net margin 7.12% 4.38% 9.32% 5.41% 11.09% 13.41%
EPS 2 5.272 2.395 4.380 3.290 6.390 6.440
Free Cash Flow 1 -1,023 1,555 233.6 658.7 -418.2 1,219
FCF margin -12.2% 25.38% 4.49% 9.79% -6.55% 22.92%
FCF Conversion (EBITDA) - 237.87% 99.04% 84.81% - 201.11%
FCF Conversion (Net income) - 579.14% 48.17% 181.11% - 170.91%
Dividend per Share 2 3.000 3.000 3.000 2.500 3.000 4.000
Announcement Date 3/29/19 3/30/20 3/25/21 3/24/22 3/27/23 3/14/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 3,554 2,366 1,507 1,070 1,658 348
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.634 x 3.621 x 6.389 x 1.378 x 1.687 x 0.5745 x
Free Cash Flow 1 -1,023 1,555 234 659 -418 1,219
ROE (net income / shareholders' equity) 13.2% 5.48% 11% 6.7% 13.1% 11.7%
ROA (Net income/ Total Assets) 3.38% 2.1% 0.29% 2.98% 3.59% 1.93%
Assets 1 17,641 12,784 168,156 12,209 19,703 36,968
Book Value Per Share 2 40.50 41.20 44.00 45.70 47.20 50.10
Cash Flow per Share 2 17.60 20.20 13.40 14.60 24.70 16.50
Capex 1 315 168 132 85.1 59.3 106
Capex / Sales 3.76% 2.75% 2.54% 1.27% 0.93% 1.98%
Announcement Date 3/29/19 3/30/20 3/25/21 3/24/22 3/27/23 3/14/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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