Financials Standard Foods Corporation

Equities

1227

TW0001227007

Food Processing

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
38.05 TWD -0.52% Intraday chart for Standard Foods Corporation +2.01% -2.19%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 45,148 63,226 55,686 48,055 36,201 35,338
Enterprise Value (EV) 1 42,166 58,295 50,141 42,834 32,499 31,498
P/E ratio 15.3 x 18.5 x 17.4 x 19.6 x 29.8 x 28.8 x
Yield 5.03% 3.81% 4.08% 3.59% 3.24% 3.21%
Capitalization / Revenue 1.65 x 2.02 x 1.62 x 1.4 x 1.25 x 1.27 x
EV / Revenue 1.54 x 1.86 x 1.45 x 1.25 x 1.12 x 1.13 x
EV / EBITDA 11.6 x 11.8 x 10.9 x 12 x 16.3 x 16.6 x
EV / FCF 18.8 x 14.9 x 24.5 x 18.7 x 23.6 x 25.9 x
FCF Yield 5.33% 6.71% 4.08% 5.34% 4.23% 3.86%
Price to Book 2.86 x 3.79 x 3.15 x 2.66 x 2.07 x 2.03 x
Nbr of stocks (in thousands) 908,420 908,420 908,420 908,420 908,420 908,420
Reference price 2 49.70 69.60 61.30 52.90 39.85 38.90
Announcement Date 3/29/19 3/31/20 3/31/21 3/31/22 3/31/23 3/29/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 27,341 31,266 34,466 34,307 28,923 27,804
EBITDA 1 3,628 4,927 4,610 3,558 1,991 1,902
EBIT 1 3,150 4,424 4,044 2,982 1,443 1,360
Operating Margin 11.52% 14.15% 11.73% 8.69% 4.99% 4.89%
Earnings before Tax (EBT) 1 3,676 4,549 4,289 3,153 1,611 1,603
Net income 1 2,949 3,416 3,213 2,457 1,214 1,226
Net margin 10.79% 10.93% 9.32% 7.16% 4.2% 4.41%
EPS 2 3.240 3.760 3.530 2.700 1.336 1.349
Free Cash Flow 1 2,248 3,909 2,045 2,289 1,374 1,217
FCF margin 8.22% 12.5% 5.93% 6.67% 4.75% 4.38%
FCF Conversion (EBITDA) 61.95% 79.34% 44.36% 64.32% 69.05% 63.98%
FCF Conversion (Net income) 76.22% 114.42% 63.65% 93.17% 113.21% 99.26%
Dividend per Share 2 2.500 2.650 2.500 1.900 1.290 1.250
Announcement Date 3/29/19 3/31/20 3/31/21 3/31/22 3/31/23 3/29/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2,983 4,931 5,545 5,221 3,701 3,840
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 2,248 3,909 2,045 2,289 1,374 1,217
ROE (net income / shareholders' equity) 19.1% 20.9% 18.6% 13.7% 6.85% 7.14%
ROA (Net income/ Total Assets) 8.43% 11.2% 9.48% 6.64% 3.21% 3.17%
Assets 1 34,985 30,570 33,882 36,987 37,845 38,676
Book Value Per Share 2 17.40 18.40 19.50 19.90 19.30 19.10
Cash Flow per Share 2 2.850 4.080 4.770 4.130 4.790 3.240
Capex 1 386 406 282 619 387 331
Capex / Sales 1.41% 1.3% 0.82% 1.8% 1.34% 1.19%
Announcement Date 3/29/19 3/31/20 3/31/21 3/31/22 3/31/23 3/29/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 1227 Stock
  4. Financials Standard Foods Corporation