End-of-day quote
Taiwan S.E.
06:00:00 2024-05-13 pm EDT
|
5-day change
|
1st Jan Change
|
825
TWD
|
+0.73%
|
|
+3.12%
|
+39.12%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
8,582,956
|
13,743,101
|
15,947,184
|
11,629,776
|
15,377,718
|
21,396,401
|
-
|
-
|
Enterprise Value (EV)
1 |
8,174,930
|
13,428,194
|
15,611,753
|
10,921,940
|
14,613,266
|
20,432,349
|
19,931,179
|
19,179,441
|
P/E ratio
|
24.8
x
|
26.5
x
|
26.7
x
|
11.4
x
|
18.3
x
|
21
x
|
16.9
x
|
14.6
x
|
Yield
|
2.87%
|
1.89%
|
1.79%
|
2.45%
|
2.19%
|
1.79%
|
2%
|
2.38%
|
Capitalization / Revenue
|
8.02
x
|
10.3
x
|
10
x
|
5.14
x
|
7.11
x
|
7.85
x
|
6.52
x
|
5.66
x
|
EV / Revenue
|
7.64
x
|
10
x
|
9.83
x
|
4.82
x
|
6.76
x
|
7.5
x
|
6.07
x
|
5.08
x
|
EV / EBITDA
|
12.4
x
|
14.9
x
|
14.6
x
|
7.01
x
|
10.1
x
|
11.1
x
|
8.85
x
|
7.42
x
|
EV / FCF
|
52.8
x
|
42.6
x
|
57.2
x
|
20.7
x
|
50
x
|
31.5
x
|
22.9
x
|
14.7
x
|
FCF Yield
|
1.89%
|
2.35%
|
1.75%
|
4.83%
|
2%
|
3.18%
|
4.36%
|
6.79%
|
Price to Book
|
5.29
x
|
7.43
x
|
7.35
x
|
3.95
x
|
4.45
x
|
5.13
x
|
4.24
x
|
3.52
x
|
Nbr of stocks (in thousands)
|
25,930,380
|
25,930,380
|
25,930,380
|
25,930,380
|
25,932,071
|
25,935,031
|
-
|
-
|
Reference price
2 |
331.0
|
530.0
|
615.0
|
448.5
|
593.0
|
825.0
|
825.0
|
825.0
|
Announcement Date
|
1/16/20
|
1/14/21
|
1/13/22
|
1/12/23
|
1/18/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,069,985
|
1,339,255
|
1,587,415
|
2,263,891
|
2,161,740
|
2,726,094
|
3,283,706
|
3,778,139
|
EBITDA
1 |
659,585
|
898,509
|
1,072,376
|
1,558,533
|
1,453,657
|
1,835,808
|
2,251,148
|
2,585,070
|
EBIT
1 |
372,701
|
566,784
|
649,981
|
1,121,279
|
921,466
|
1,139,008
|
1,430,063
|
1,666,037
|
Operating Margin
|
34.83%
|
42.32%
|
40.95%
|
49.53%
|
42.63%
|
41.78%
|
43.55%
|
44.1%
|
Earnings before Tax (EBT)
1 |
389,850
|
584,777
|
663,126
|
1,144,191
|
979,170
|
1,198,734
|
1,486,768
|
1,714,128
|
Net income
1 |
345,264
|
517,885
|
596,540
|
1,016,530
|
838,498
|
1,019,743
|
1,270,822
|
1,461,470
|
Net margin
|
32.27%
|
38.67%
|
37.58%
|
44.9%
|
38.79%
|
37.41%
|
38.7%
|
38.68%
|
EPS
2 |
13.32
|
19.98
|
23.01
|
39.20
|
32.34
|
39.25
|
48.71
|
56.38
|
Free Cash Flow
1 |
154,720
|
315,430
|
272,965
|
527,927
|
292,150
|
649,174
|
869,262
|
1,301,686
|
FCF margin
|
14.46%
|
23.55%
|
17.2%
|
23.32%
|
13.51%
|
23.81%
|
26.47%
|
34.45%
|
FCF Conversion (EBITDA)
|
23.46%
|
35.11%
|
25.45%
|
33.87%
|
20.1%
|
35.36%
|
38.61%
|
50.35%
|
FCF Conversion (Net income)
|
44.81%
|
60.91%
|
45.76%
|
51.93%
|
34.84%
|
63.66%
|
68.4%
|
89.07%
|
Dividend per Share
2 |
9.500
|
10.00
|
11.00
|
11.00
|
13.00
|
14.78
|
16.51
|
19.64
|
Announcement Date
|
1/16/20
|
1/14/21
|
1/13/22
|
1/12/23
|
1/18/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
414,671
|
438,189
|
491,076
|
534,141
|
613,142
|
625,532
|
508,633
|
480,841
|
546,733
|
625,529
|
1,172,262
|
592,644
|
647,122
|
724,487
|
782,984
|
727,036
|
EBITDA
1 |
278,031
|
293,435
|
334,892
|
375,349
|
415,669
|
432,623
|
341,561
|
325,897
|
375,346
|
410,853
|
-
|
408,041
|
435,923
|
497,689
|
532,222
|
507,934
|
EBIT
1 |
171,004
|
182,772
|
223,790
|
262,124
|
310,324
|
325,041
|
231,238
|
201,958
|
228,065
|
260,205
|
-
|
249,018
|
266,376
|
302,676
|
328,866
|
304,483
|
Operating Margin
|
41.24%
|
41.71%
|
45.57%
|
49.07%
|
50.61%
|
51.96%
|
45.46%
|
42%
|
41.71%
|
41.6%
|
-
|
42.02%
|
41.16%
|
41.78%
|
42%
|
41.88%
|
Earnings before Tax (EBT)
1 |
173,852
|
184,819
|
226,832
|
265,998
|
316,691
|
334,670
|
244,275
|
214,675
|
241,940
|
278,281
|
-
|
266,543
|
282,308
|
317,599
|
344,425
|
320,134
|
Net income
1 |
156,259
|
166,232
|
202,733
|
237,027
|
280,866
|
295,904
|
206,987
|
181,799
|
211,000
|
238,712
|
-
|
225,485
|
228,216
|
272,591
|
298,311
|
273,785
|
Net margin
|
37.68%
|
37.94%
|
41.28%
|
44.38%
|
45.81%
|
47.3%
|
40.69%
|
37.81%
|
38.59%
|
38.16%
|
-
|
38.05%
|
35.27%
|
37.63%
|
38.1%
|
37.66%
|
EPS
2 |
6.030
|
6.410
|
7.820
|
9.140
|
10.83
|
11.41
|
7.980
|
7.010
|
8.140
|
9.210
|
17.35
|
8.700
|
8.802
|
10.51
|
11.50
|
10.56
|
Dividend per Share
2 |
2.750
|
2.750
|
2.750
|
2.750
|
2.750
|
2.750
|
3.000
|
3.000
|
3.500
|
3.500
|
-
|
3.167
|
3.125
|
3.375
|
3.500
|
3.750
|
Announcement Date
|
10/14/21
|
1/13/22
|
4/14/22
|
7/14/22
|
10/13/22
|
1/12/23
|
4/20/23
|
7/20/23
|
10/19/23
|
1/18/24
|
1/18/24
|
4/18/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
408,026
|
314,907
|
335,431
|
707,836
|
764,452
|
964,052
|
1,465,222
|
2,216,959
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
154,720
|
315,430
|
272,965
|
527,927
|
292,150
|
649,174
|
869,262
|
1,301,686
|
ROE (net income / shareholders' equity)
|
20.9%
|
29.8%
|
29.7%
|
39.8%
|
26.2%
|
26.1%
|
27%
|
26.1%
|
ROA (Net income/ Total Assets)
|
15.9%
|
20.6%
|
16.9%
|
23.4%
|
16%
|
16.8%
|
18%
|
18%
|
Assets
1 |
2,177,470
|
2,512,761
|
3,528,908
|
4,345,141
|
5,248,584
|
6,077,319
|
7,066,584
|
8,132,718
|
Book Value Per Share
2 |
62.50
|
71.30
|
83.60
|
114.0
|
133.0
|
161.0
|
194.0
|
234.0
|
Cash Flow per Share
2 |
23.70
|
31.70
|
42.90
|
62.10
|
47.90
|
63.20
|
77.70
|
83.30
|
Capex
1 |
460,420
|
507,239
|
839,196
|
1,082,672
|
949,820
|
951,829
|
1,093,558
|
1,142,574
|
Capex / Sales
|
43.03%
|
37.87%
|
52.87%
|
47.82%
|
43.94%
|
34.86%
|
33.3%
|
30.24%
|
Announcement Date
|
1/16/20
|
1/14/21
|
1/13/22
|
1/12/23
|
1/18/24
|
-
|
-
|
-
|
Average target price
919.1
TWD Spread / Average Target +11.41% Consensus |
1st Jan change
|
Capi.
|
---|
| +39.12% | 661B | | +84.48% | 2,248B | | +23.63% | 640B | | +30.66% | 211B | | +12.13% | 174B | | +46.25% | 138B | | -38.21% | 132B | | +55.23% | 121B | | +6.74% | 105B | | +30.95% | 93.45B |
Other Semiconductors
|