Projected Income Statement: LARGAN Precision Co.,Ltd

Forecast Balance Sheet: LARGAN Precision Co.,Ltd

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 -91,678 -102,454 -105,874 -114,591 -116,797 -123,045 -134,017 -142,784
Change - -211.75% -203.34% -208.23% -201.93% -205.35% -208.92% -206.54%
Announcement Date 1/10/20 2/22/21 2/21/22 2/24/23 2/29/24 - - -
1TWD in Million
Estimates

Cash Flow Forecast: LARGAN Precision Co.,Ltd

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 8,496 5,771 5,909 8,210 8,237 8,709 7,817 7,111
Change - -32.08% 2.4% 38.94% 0.32% 5.74% -10.24% -9.04%
Free Cash Flow (FCF) 1 17,134 23,280 14,969 34,558 9,962 19,086 19,951 22,325
Change - 35.87% -35.7% 130.87% -71.17% 91.59% 4.53% 11.9%
Announcement Date 1/10/20 2/22/21 2/21/22 2/24/23 2/29/24 - - -
1TWD in Million
Estimates

Forecast Financial Ratios: LARGAN Precision Co.,Ltd

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 66.37% 65.02% 59.39% 53.49% 47.56% 50.17% 49.91% 49.97%
EBIT Margin (%) 60.1% 57.26% 49.29% 42.76% 36.46% 39.49% 39.66% 40.15%
EBT Margin (%) 60.22% 56.65% 49.03% 58.37% 45.25% 50.32% 45.23% 46.08%
Net margin (%) 46.53% 43.85% 39.76% 47.46% 36.65% 40.97% 36.75% 37%
FCF margin (%) 28.21% 41.61% 31.87% 72.49% 20.4% 32.41% 30.55% 32.29%
FCF / Net Income (%) 60.62% 94.89% 80.17% 152.74% 55.65% 79.12% 83.11% 87.25%

Profitability

        
ROA 19.72% 15.09% 10.79% 12.58% 9.42% 11.43% 10.92% 10.83%
ROE 24.16% 18.36% 13.22% 15.24% 11.17% 13.78% 13.16% 12.94%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 13.99% 10.31% 12.58% 17.22% 16.86% 14.79% 11.97% 10.28%
CAPEX / EBITDA (%) 21.07% 15.86% 21.19% 32.19% 35.46% 29.48% 23.98% 20.58%
CAPEX / FCF (%) 49.58% 24.79% 39.48% 23.76% 82.68% 45.63% 39.18% 31.85%

Items per share

        
Cash flow per share 1 189.3 214.2 153.7 320.4 134.8 224.1 221.6 211.4
Change - 13.16% -28.24% 108.43% -57.93% 66.2% -1.1% -4.59%
Dividend per Share 1 79 91.5 91.5 85.5 - 84.75 94.58 100.2
Change - 15.82% 0% -6.56% - - 11.6% 5.91%
Book Value Per Share 1 942.2 1,050 1,057 1,162 1,240 1,362 1,494 1,594
Change - 11.4% 0.73% 9.91% 6.71% 9.8% 9.7% 6.72%
EPS 1 210.7 180.9 137.5 166.9 134.1 181.7 179.5 191.2
Change - -14.12% -24.01% 21.38% -19.63% 35.5% -1.23% 6.53%
Nbr of stocks (in thousands) 134,140 134,140 133,468 133,468 133,468 133,468 133,468 133,468
Announcement Date 1/10/20 2/22/21 2/21/22 2/24/23 2/29/24 - - -
1TWD
Estimates
2024 *2025 *
P/E ratio 15x 15.2x
PBR 2.01x 1.83x
EV / Sales 4.11x 3.54x
Yield 3.1% 3.46%
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG MSCI
BB
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
2,735.00TWD
Average target price
3,099.25TWD
Spread / Average Target
+13.32%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. 3008 Stock
  4. Financials LARGAN Precision Co.,Ltd