Financials Grand Process Technology Corporation

Equities

3131

TW0003131009

Semiconductor Equipment & Testing

End-of-day quote Taipei Exchange 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1,175 TWD +9.81% Intraday chart for Grand Process Technology Corporation +14.08% +97.15%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,604 8,137 11,337 10,781 6,474 17,067
Enterprise Value (EV) 1 2,159 7,496 10,293 9,437 5,062 15,937
P/E ratio 9.45 x 25.2 x 28.7 x 16.2 x 9.08 x 27.8 x
Yield 7.58% 2.87% 2.77% 4.5% 7.93% 2.68%
Capitalization / Revenue 1.75 x 3.95 x 4.56 x 2.95 x 1.74 x 4.82 x
EV / Revenue 1.45 x 3.64 x 4.14 x 2.58 x 1.36 x 4.5 x
EV / EBITDA 6.77 x 15 x 16.4 x 10.3 x 5.96 x 20.3 x
EV / FCF 86.4 x 27.9 x 19.8 x 24 x 13.1 x -128 x
FCF Yield 1.16% 3.58% 5.05% 4.16% 7.65% -0.78%
Price to Book 1.28 x 2.89 x 3.9 x 3.45 x 1.92 x 4.64 x
Nbr of stocks (in thousands) 24,684 29,216 28,521 28,521 28,521 28,636
Reference price 2 105.5 278.5 397.5 378.0 227.0 596.0
Announcement Date 4/1/19 3/30/20 3/30/21 3/30/22 3/30/23 3/25/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,484 2,061 2,488 3,658 3,723 3,544
EBITDA 1 318.7 499 627.2 918.8 849.7 784.6
EBIT 1 265.4 414.8 533.1 824.3 759.3 695
Operating Margin 17.88% 20.12% 21.43% 22.53% 20.39% 19.61%
Earnings before Tax (EBT) 1 337.6 404.1 510 834.5 934.2 748.7
Net income 1 278.7 310 396.9 669.5 722.1 616.3
Net margin 18.77% 15.04% 15.95% 18.3% 19.39% 17.39%
EPS 2 11.16 11.05 13.85 23.31 24.99 21.45
Free Cash Flow 1 25 268.2 520 392.7 387.2 -124.2
FCF margin 1.68% 13.01% 20.9% 10.74% 10.4% -3.51%
FCF Conversion (EBITDA) 7.84% 53.75% 82.92% 42.74% 45.57% -
FCF Conversion (Net income) 8.97% 86.53% 131.04% 58.66% 53.62% -
Dividend per Share 2 8.000 8.000 11.00 17.00 18.00 16.00
Announcement Date 4/1/19 3/30/20 3/30/21 3/30/22 3/30/23 3/25/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 445 641 1,044 1,344 1,413 1,130
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 25 268 520 393 387 -124
ROE (net income / shareholders' equity) 12.6% 12.9% 13.9% 22% 22.1% 17.3%
ROA (Net income/ Total Assets) 4.02% 5.79% 6.44% 8.89% 7.27% 5.95%
Assets 1 6,936 5,356 6,160 7,533 9,939 10,363
Book Value Per Share 2 82.50 96.30 102.0 110.0 118.0 129.0
Cash Flow per Share 2 30.70 33.90 30.50 38.20 67.40 75.80
Capex 1 70.3 13.5 25.6 83 251 690
Capex / Sales 4.73% 0.65% 1.03% 2.27% 6.75% 19.47%
Announcement Date 4/1/19 3/30/20 3/30/21 3/30/22 3/30/23 3/25/24
1TWD in Million2TWD
Estimates
  1. Stock Market
  2. Equities
  3. 3131 Stock
  4. Financials Grand Process Technology Corporation