Financials Taiwan Speciality Chemicals Corporation

Equities

4772

TW0004772009

Semiconductors

End-of-day quote Taipei Exchange 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
181.5 TWD +1.40% Intraday chart for Taiwan Speciality Chemicals Corporation +1.11% +109.83%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 12,165 11,957
Enterprise Value (EV) 1 12,051 11,803
P/E ratio 58.7 x 77.2 x
Yield 0.77% 1.16%
Capitalization / Revenue 22.9 x 21.6 x
EV / Revenue 22.6 x 21.3 x
EV / EBITDA 38.3 x 46 x
EV / FCF 70,614,260 x 208,064,163 x
FCF Yield 0% 0%
Price to Book 7.18 x 6.81 x
Nbr of stocks (in thousands) 138,237 138,237
Reference price 2 88.00 86.50
Announcement Date 3/1/23 2/23/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 162.1 416.6 515.7 532.3 553.5
EBITDA 1 61.37 227.9 327.5 314.4 256.7
EBIT 1 -132.3 66.07 195.3 170.8 137.8
Operating Margin -81.58% 15.86% 37.88% 32.09% 24.89%
Earnings before Tax (EBT) 1 -150 -93.1 194.4 187.5 139.2
Net income 1 -150 -93.1 194.4 208 155.7
Net margin -92.53% -22.35% 37.71% 39.07% 28.12%
EPS 2 -1.090 -0.6735 1.400 1.500 1.120
Free Cash Flow - 219.1 239.2 170.7 56.73
FCF margin - 52.59% 46.38% 32.06% 10.25%
FCF Conversion (EBITDA) - 96.14% 73.03% 54.28% 22.1%
FCF Conversion (Net income) - - 123.01% 82.05% 36.44%
Dividend per Share - 4.280 0.6500 0.6800 1.000
Announcement Date 3/2/22 3/2/22 4/19/22 3/1/23 2/23/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 544 305 2.9 - -
Net Cash position 1 - - - 114 155
Leverage (Debt/EBITDA) 8.866 x 1.337 x 0.008867 x - -
Free Cash Flow - 219 239 171 56.7
ROE (net income / shareholders' equity) - -6.52% 13.1% 12.7% 9.02%
ROA (Net income/ Total Assets) - 2.14% 7.06% 6.1% 4.73%
Assets 1 - -4,355 2,753 3,407 3,291
Book Value Per Share 2 10.70 10.00 11.40 12.30 12.70
Cash Flow per Share 2 0.4100 0.1900 0.4200 0.8300 1.120
Capex 1 10.2 11.7 42.3 94.7 101
Capex / Sales 6.3% 2.81% 8.21% 17.8% 18.23%
Announcement Date 3/2/22 3/2/22 4/19/22 3/1/23 2/23/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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