Financials Howteh Technology Co., Ltd.

Equities

3114

TW0003114005

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
27.9 TWD +0.18% Intraday chart for Howteh Technology Co., Ltd. +1.82% +3.53%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,430 1,691 1,323 1,722 1,584 1,755
Enterprise Value (EV) 1 1,662 1,732 1,355 2,164 1,485 1,517
P/E ratio 8.73 x 11.9 x 12.7 x 12.1 x 7.62 x 17.5 x
Yield 5.45% 3.31% 5.36% 3.09% 5.14% 4.45%
Capitalization / Revenue 0.41 x 0.44 x 0.42 x 0.46 x 0.49 x 0.64 x
EV / Revenue 0.47 x 0.45 x 0.43 x 0.58 x 0.46 x 0.55 x
EV / EBITDA 9.26 x 9.09 x 10.1 x 12.6 x 11.1 x 14.9 x
EV / FCF -7.25 x 6.41 x 27 x -6.18 x 3.49 x 7.97 x
FCF Yield -13.8% 15.6% 3.71% -16.2% 28.7% 12.6%
Price to Book 1.43 x 1.55 x 1.19 x 1.42 x 1.08 x 1.13 x
Nbr of stocks (in thousands) 65,129 65,130 65,130 65,130 65,130 65,130
Reference price 2 21.96 25.97 20.32 26.44 24.33 26.95
Announcement Date 3/29/19 3/27/20 3/30/21 3/25/22 3/25/23 3/20/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,500 3,887 3,188 3,721 3,244 2,743
EBITDA 1 179.5 190.6 134.1 171.9 133.6 102.2
EBIT 1 177.2 188.1 131.6 169.4 131 99.73
Operating Margin 5.06% 4.84% 4.13% 4.55% 4.04% 3.64%
Earnings before Tax (EBT) 1 205.7 178.4 125.8 172.7 258.7 127.5
Net income 1 164.5 142.4 104.2 143.1 208.8 100.8
Net margin 4.7% 3.66% 3.27% 3.84% 6.44% 3.67%
EPS 2 2.516 2.184 1.596 2.186 3.192 1.540
Free Cash Flow 1 -229.2 270.2 50.27 -350.3 425.7 190.5
FCF margin -6.55% 6.95% 1.58% -9.41% 13.12% 6.94%
FCF Conversion (EBITDA) - 141.81% 37.5% - 318.62% 186.47%
FCF Conversion (Net income) - 189.72% 48.27% - 203.87% 189.03%
Dividend per Share 2 1.198 0.8598 1.088 0.8164 1.250 1.200
Announcement Date 3/29/19 3/27/20 3/30/21 3/25/22 3/25/23 3/20/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 231 40.8 31.9 442 - -
Net Cash position 1 - - - - 99.4 238
Leverage (Debt/EBITDA) 1.288 x 0.214 x 0.2377 x 2.57 x - -
Free Cash Flow 1 -229 270 50.3 -350 426 190
ROE (net income / shareholders' equity) 17.8% 13.6% 9.46% 12.3% 15.6% 6.7%
ROA (Net income/ Total Assets) 5.05% 4.49% 3.39% 4.02% 2.8% 2.29%
Assets 1 3,259 3,172 3,070 3,559 7,469 4,394
Book Value Per Share 2 15.30 16.80 17.10 18.60 22.40 23.80
Cash Flow per Share 2 7.520 11.80 11.80 9.910 15.70 13.00
Capex 1 1.5 0.54 0.95 1.72 0.66 0.78
Capex / Sales 0.04% 0.01% 0.03% 0.05% 0.02% 0.03%
Announcement Date 3/29/19 3/27/20 3/30/21 3/25/22 3/25/23 3/20/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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