Financials MiTAC Holdings Corporation

Equities

3706

TW0003706008

Computer Hardware

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
45.7 TWD +3.75% Intraday chart for MiTAC Holdings Corporation +4.58% +2.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 30,780 35,258 42,070 35,321 53,752 55,140
Enterprise Value (EV) 1 30,780 35,258 42,070 35,321 53,752 55,140
P/E ratio - 12.2 x 3.53 x 3.81 x 30.5 x 24.3 x
Yield - 3.39% 5.68% - - -
Capitalization / Revenue 0.86 x 0.86 x 1 x 0.74 x 1.51 x 1.13 x
EV / Revenue 0.86 x 0.86 x 1 x 0.74 x 1.51 x 1.13 x
EV / EBITDA 21,650,531 x 32,856,561 x 38,743,907 x -1,354,678,288 x - -
EV / FCF - - -36,568,371 x - - -
FCF Yield - - -0% - - -
Price to Book - 0.83 x 0.8 x - 2.19 x -
Nbr of stocks (in thousands) 1,188,749 1,195,178 1,195,178 1,197,306 1,206,556 1,206,556
Reference price 2 25.89 29.50 35.20 29.50 44.55 45.70
Announcement Date 2/27/20 3/8/21 2/28/22 2/28/23 2/29/24 -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 1 35,832 41,146 42,186 47,833 35,536 48,684
EBITDA 1,422 1,073 1,086 -26.07 - -
EBIT 1 501 74.38 41.78 -1,189 67.7 611
Operating Margin 1.4% 0.18% 0.1% -2.49% 0.19% 1.26%
Earnings before Tax (EBT) 1 - 2,980 - 11,338 2,001 2,845
Net income 1 - 2,919 11,961 9,294 1,784 2,272
Net margin - 7.09% 28.35% 19.43% 5.02% 4.67%
EPS 2 - 2.420 9.960 7.750 1.460 1.880
Free Cash Flow - - -1,150 - - -
FCF margin - - -2.73% - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - 1.000 2.000 - - -
Announcement Date 2/27/20 3/8/21 2/28/22 2/28/23 2/29/24 -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 9,283 9,432 11,313 11,547 12,345 12,628 9,023 10,256 11,329 4,927 11,051 11,604 12,822 13,207
EBITDA 203.7 334.9 344.7 191.7 516.5 -1,079 158.6 429.3 - - - - - -
EBIT 1 -63.58 70.14 68.38 -93.09 224 -1,388 -126.3 143.3 -47.55 98.28 61 78 232 235
Operating Margin -0.68% 0.74% 0.6% -0.81% 1.81% -10.99% -1.4% 1.4% -0.42% 1.99% 0.55% 0.67% 1.81% 1.78%
Earnings before Tax (EBT) 1 13,982 - 677.9 636.4 11,096 -1,072 206.5 750.6 806.3 237.8 531 609 848 856
Net income 1 7,797 538.7 531.9 526.7 8,582 -346.2 152.5 710 624 297.2 424 486 677 684
Net margin 83.99% 5.71% 4.7% 4.56% 69.52% -2.74% 1.69% 6.92% 5.51% 6.03% 3.84% 4.19% 5.28% 5.18%
EPS 2 6.510 0.4500 0.4400 0.4400 7.160 -0.2900 0.1200 0.5900 0.5200 0.2400 0.3500 0.4000 0.5600 0.5700
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/11/21 2/28/22 5/12/22 8/12/22 11/9/22 2/28/23 5/14/23 8/14/23 11/13/23 2/29/24 - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - -1,150 - - -
ROE (net income / shareholders' equity) 7.14% 7.1% 25.1% - - -
ROA (Net income/ Total Assets) 5.09% - - - - -
Assets 1 - - - - - -
Book Value Per Share - 35.70 44.00 - 20.30 -
Cash Flow per Share - 1.620 -0.1200 - - -
Capex 1,605 - 1,006 - - -
Capex / Sales 4.48% - 2.38% - - -
Announcement Date 2/27/20 3/8/21 2/28/22 2/28/23 2/29/24 -
1TWD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
45.7 TWD
Average target price
40 TWD
Spread / Average Target
-12.47%
Consensus
  1. Stock Market
  2. Equities
  3. 3706 Stock
  4. Financials MiTAC Holdings Corporation