Financials Vate Technology Co., Ltd.

Equities

5344

TW0005344006

Semiconductor Equipment & Testing

End-of-day quote Taipei Exchange 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
19.8 TWD -1.49% Intraday chart for Vate Technology Co., Ltd. -1.98% -14.66%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 536.3 504.5 1,164 3,023 1,422 1,843
Enterprise Value (EV) 1 458.7 483.1 1,130 2,950 1,294 1,719
P/E ratio -9.83 x -13.3 x 27.6 x 50.1 x -77.8 x 220 x
Yield - - - - - -
Capitalization / Revenue 2.79 x 2.39 x 3.31 x 7.85 x 5.32 x 6.19 x
EV / Revenue 2.38 x 2.29 x 3.21 x 7.66 x 4.84 x 5.78 x
EV / EBITDA 81.2 x 55 x 13.4 x 28.9 x 99.5 x 46.3 x
EV / FCF -26.3 x 12.2 x 15 x 141 x 27 x -138 x
FCF Yield -3.8% 8.17% 6.69% 0.71% 3.7% -0.73%
Price to Book 1.11 x 1.13 x 2.38 x 5.5 x 2.78 x 3.66 x
Nbr of stocks (in thousands) 79,447 79,447 79,447 79,447 79,447 79,447
Reference price 2 6.750 6.350 14.65 38.05 17.90 23.20
Announcement Date 4/1/19 3/22/20 3/17/21 3/10/22 3/10/23 3/7/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 192.5 211.4 351.8 385.3 267.4 297.7
EBITDA 1 5.649 8.781 84.31 101.9 13.01 37.13
EBIT 1 -55.85 -43.38 36.76 54.22 -33.3 -0.626
Operating Margin -29.01% -20.52% 10.45% 14.07% -12.45% -0.21%
Earnings before Tax (EBT) 1 -54.61 -38.09 42.09 60.52 -18.12 8.396
Net income 1 -54.53 -38.04 42.1 60.52 -18.12 8.396
Net margin -28.33% -18% 11.97% 15.71% -6.78% 2.82%
EPS 2 -0.6864 -0.4789 0.5298 0.7600 -0.2300 0.1057
Free Cash Flow 1 -17.45 39.45 75.6 20.97 47.93 -12.47
FCF margin -9.07% 18.67% 21.49% 5.44% 17.93% -4.19%
FCF Conversion (EBITDA) - 449.32% 89.66% 20.58% 368.54% -
FCF Conversion (Net income) - - 179.58% 34.65% - -
Dividend per Share - - - - - -
Announcement Date 4/1/19 3/22/20 3/17/21 3/10/22 3/10/23 3/7/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 77.6 21.4 33.5 73.2 128 124
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -17.5 39.5 75.6 21 47.9 -12.5
ROE (net income / shareholders' equity) -10.6% -8.16% 8.99% 11.6% -3.41% 1.65%
ROA (Net income/ Total Assets) -6.23% -5.03% 3.85% 5.04% -3.12% -0.06%
Assets 1 875.6 756.4 1,094 1,201 580.2 -13,285
Book Value Per Share 2 6.110 5.630 6.160 6.920 6.450 6.330
Cash Flow per Share 2 0.3600 0.3100 0.5500 1.110 1.020 0.7000
Capex 1 25.9 11.9 17.8 61.5 31.3 19.6
Capex / Sales 13.45% 5.63% 5.07% 15.95% 11.72% 6.59%
Announcement Date 4/1/19 3/22/20 3/17/21 3/10/22 3/10/23 3/7/24
1TWD in Million2TWD
Estimates
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