Financials TA-I Technology Co., Ltd.

Equities

2478

TW0002478005

Electronic Equipment & Parts

End-of-day quote Taiwan S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
46.7 TWD +1.74% Intraday chart for TA-I Technology Co., Ltd. +2.64% -2.40%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 9,546 7,534 12,183 9,413 6,144 6,925
Enterprise Value (EV) 1 9,095 7,330 11,564 8,963 5,813 6,702
P/E ratio 7.16 x 23.3 x 18.5 x 10 x 9.94 x 18.8 x
Yield 4.91% 3.4% 3.49% 6.12% 4.71% -
Capitalization / Revenue 1.59 x 1.67 x 2.26 x 1.49 x 1.22 x 1.51 x
EV / Revenue 1.51 x 1.63 x 2.14 x 1.42 x 1.16 x 1.46 x
EV / EBITDA 4.58 x 7.32 x 9.25 x 5.22 x 5.18 x 6.42 x
EV / FCF -252 x 13.2 x 19 x 58.2 x 39.4 x 19.4 x
FCF Yield -0.4% 7.59% 5.27% 1.72% 2.54% 5.15%
Price to Book 1.63 x 1.44 x 2.13 x 1.48 x 0.95 x 1.06 x
Nbr of stocks (in thousands) 140,657 142,147 141,665 143,935 144,731 144,731
Reference price 2 67.87 53.00 86.00 65.40 42.45 47.85
Announcement Date 3/14/19 3/19/20 3/23/21 3/7/22 3/16/23 3/13/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 6,021 4,509 5,395 6,315 5,023 4,595
EBITDA 1 1,984 1,002 1,250 1,717 1,123 1,044
EBIT 1 1,588 551.5 766.7 1,178 559.1 477.4
Operating Margin 26.38% 12.23% 14.21% 18.66% 11.13% 10.39%
Earnings before Tax (EBT) 1 1,575 618.7 702 1,171 740.3 532.1
Net income 1 1,355 387.3 661.6 943 623.5 369.9
Net margin 22.5% 8.59% 12.26% 14.93% 12.41% 8.05%
EPS 2 9.480 2.270 4.650 6.520 4.270 2.540
Free Cash Flow 1 -36.12 556.6 609.8 153.9 147.7 345.5
FCF margin -0.6% 12.34% 11.3% 2.44% 2.94% 7.52%
FCF Conversion (EBITDA) - 55.55% 48.77% 8.96% 13.15% 33.09%
FCF Conversion (Net income) - 143.72% 92.17% 16.32% 23.69% 93.38%
Dividend per Share 2 3.333 1.800 3.000 4.000 2.000 -
Announcement Date 3/14/19 3/19/20 3/23/21 3/7/22 3/16/23 3/13/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 451 204 619 451 331 223
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -36.1 557 610 154 148 345
ROE (net income / shareholders' equity) 25.9% 6.99% 12% 15.5% 9.66% 5.67%
ROA (Net income/ Total Assets) 12.5% 4.18% 5.68% 7.7% 3.66% 3.2%
Assets 1 10,818 9,256 11,652 12,250 17,052 11,576
Book Value Per Share 2 41.50 36.70 40.40 44.10 44.90 45.00
Cash Flow per Share 2 8.570 7.130 15.40 12.10 10.80 11.90
Capex 1 855 565 387 768 542 850
Capex / Sales 14.2% 12.52% 7.17% 12.16% 10.78% 18.49%
Announcement Date 3/14/19 3/19/20 3/23/21 3/7/22 3/16/23 3/13/24
1TWD in Million2TWD
Estimates
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