Financials Ledtech Electronics Corp.

Equities

6164

TW0006164007

Electrical Components & Equipment

End-of-day quote Taiwan S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
14.7 TWD -0.34% Intraday chart for Ledtech Electronics Corp. +4.26% +16.21%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 842 708 1,185 1,760 995 1,265
Enterprise Value (EV) 1 628 526.3 942 1,581 674.5 932.1
P/E ratio 40.1 x -11.8 x -71.2 x 293 x 16.3 x -52.8 x
Yield - - - - 5.53% -
Capitalization / Revenue 0.74 x 0.78 x 1.56 x 1.84 x 1.12 x 1.76 x
EV / Revenue 0.55 x 0.58 x 1.24 x 1.66 x 0.76 x 1.3 x
EV / EBITDA 11.9 x -22.7 x -49.7 x 31.9 x -134 x -38.9 x
EV / FCF -5.84 x 11.6 x 14.6 x -31.6 x 108 x 12.9 x
FCF Yield -17.1% 8.63% 6.86% -3.16% 0.93% 7.73%
Price to Book 0.69 x 0.64 x 1.07 x 1.59 x 0.84 x 1.16 x
Nbr of stocks (in thousands) 100,000 100,000 100,000 100,000 100,000 100,000
Reference price 2 8.420 7.080 11.85 17.60 9.950 12.65
Announcement Date 3/15/19 3/23/20 3/22/21 3/29/22 3/20/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,140 909 760.6 954.5 885.7 717.1
EBITDA 1 52.78 -23.22 -18.94 49.48 -5.022 -23.99
EBIT 1 2.543 -72.44 -58.12 13.72 -42.88 -62.04
Operating Margin 0.22% -7.97% -7.64% 1.44% -4.84% -8.65%
Earnings before Tax (EBT) 1 15.17 -54.86 -41.08 15.47 64.43 -34.68
Net income 1 21.52 -60.04 -16.65 6.468 61.72 -23.97
Net margin 1.89% -6.6% -2.19% 0.68% 6.97% -3.34%
EPS 2 0.2100 -0.6004 -0.1665 0.0600 0.6100 -0.2397
Free Cash Flow 1 -107.5 45.44 64.63 -49.96 6.256 72.02
FCF margin -9.42% 5% 8.5% -5.23% 0.71% 10.04%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - 10.14% -
Dividend per Share - - - - 0.5500 -
Announcement Date 3/15/19 3/23/20 3/22/21 3/29/22 3/20/23 3/14/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 214 182 243 179 320 333
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -107 45.4 64.6 -50 6.26 72
ROE (net income / shareholders' equity) 1.73% -5.07% -1.49% 0.73% 5.37% -2.25%
ROA (Net income/ Total Assets) 0.08% -2.31% -2.06% 0.49% -1.52% -2.31%
Assets 1 27,840 2,595 810 1,323 -4,065 1,036
Book Value Per Share 2 12.20 11.00 11.00 11.10 11.90 10.90
Cash Flow per Share 2 3.050 2.490 2.160 2.780 2.750 4.700
Capex 1 114 16.6 7.98 7.15 21.2 13.6
Capex / Sales 10.03% 1.83% 1.05% 0.75% 2.39% 1.9%
Announcement Date 3/15/19 3/23/20 3/22/21 3/29/22 3/20/23 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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