Financials Wiwynn Corporation Taipei Exchange

Equities

6669

TW0006669005

Computer Hardware

End-of-day quote Taipei Exchange 07:00:00 2019-03-25 pm EDT 5-day change 1st Jan Change
384 TWD +0.57% Intraday chart for Wiwynn Corporation -0.13% -.--%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 110,880 123,088 194,947 139,348 319,084 389,021 - -
Enterprise Value (EV) 1 107,925 110,650 202,977 122,556 288,916 365,907 361,529 363,056
P/E ratio 17.5 x 14.3 x 22.6 x 9.9 x 26.5 x 20.3 x 16.2 x -
Yield 3.62% 4.55% 2.24% 6.23% 2.29% 2.77% 3.47% 5.07%
Capitalization / Revenue 0.68 x 0.66 x 1.01 x 0.48 x 1.32 x 1.1 x 0.81 x 0.61 x
EV / Revenue 0.66 x 0.59 x 1.05 x 0.42 x 1.19 x 1.04 x 0.75 x 0.57 x
EV / EBITDA 12.9 x 9.51 x 17 x 6.59 x 17.1 x 14 x 10.8 x 8.2 x
EV / FCF 15.1 x 8.17 x -13.8 x 4.2 x 15.9 x 58.6 x 32.7 x -
FCF Yield 6.63% 12.2% -7.25% 23.8% 6.29% 1.71% 3.06% -
Price to Book 5.48 x 5.02 x 7.12 x 3.59 x 7.56 x 7.27 x 5.64 x 4.55 x
Nbr of stocks (in thousands) 174,614 174,841 174,841 174,841 174,841 174,841 - -
Reference price 2 635.0 704.0 1,115 797.0 1,825 2,225 2,225 2,225
Announcement Date 3/19/20 1/19/21 2/25/22 2/23/23 2/27/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 163,600 186,928 192,626 292,876 241,901 353,295 481,636 634,982
EBITDA 1 8,370 11,632 11,935 18,596 16,873 26,211 33,396 44,274
EBIT 1 8,160 11,242 11,387 17,834 15,871 24,653 31,445 41,545
Operating Margin 4.99% 6.01% 5.91% 6.09% 6.56% 6.98% 6.53% 6.54%
Earnings before Tax (EBT) 1 7,758 10,887 10,996 17,897 15,444 24,139 30,045 -
Net income 1 6,169 8,610 8,648 14,175 12,044 18,982 23,641 -
Net margin 3.77% 4.61% 4.49% 4.84% 4.98% 5.37% 4.91% -
EPS 2 36.23 49.25 49.28 80.49 68.88 109.5 137.4 -
Free Cash Flow 1 7,159 13,540 -14,723 29,212 18,175 6,244 11,059 -
FCF margin 4.38% 7.24% -7.64% 9.97% 7.51% 1.77% 2.3% -
FCF Conversion (EBITDA) 85.53% 116.39% - 157.09% 107.72% 23.82% 33.11% -
FCF Conversion (Net income) 116.04% 157.26% - 206.09% 150.91% 32.9% 46.78% -
Dividend per Share 2 23.00 32.00 25.00 49.64 41.86 61.64 77.11 112.9
Announcement Date 3/19/20 1/19/21 2/25/22 2/23/23 2/27/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 45,264 56,879 50,705 75,057 79,674 87,439 74,226 56,308 52,817 58,550 67,100 77,901 93,731 113,488 99,468
EBITDA 1 2,835 3,584 3,056 4,751 5,094 5,694 4,704 3,726 3,509 4,934 4,962 5,800 6,826 8,034 -
EBIT 1 2,699 3,420 2,907 4,582 4,877 5,469 4,481 3,492 3,252 4,646 4,740 5,564 6,445 7,654 6,077
Operating Margin 5.96% 6.01% 5.73% 6.1% 6.12% 6.25% 6.04% 6.2% 6.16% 7.93% 7.06% 7.14% 6.88% 6.74% 6.11%
Earnings before Tax (EBT) 1 2,575 3,310 2,972 4,516 5,446 4,963 4,164 3,558 3,264 4,458 4,780 5,451 6,258 7,521 5,634
Net income 1 2,027 2,614 2,346 3,563 4,316 3,950 3,298 2,616 2,615 3,515 3,749 4,199 4,983 5,956 4,467
Net margin 4.48% 4.6% 4.63% 4.75% 5.42% 4.52% 4.44% 4.65% 4.95% 6% 5.59% 5.39% 5.32% 5.25% 4.49%
EPS 2 11.56 14.86 13.38 20.31 24.57 22.33 18.86 14.96 14.92 20.10 21.28 24.02 28.50 34.06 27.42
Dividend per Share 2 - - - - - - - - - - - - 42.00 - -
Announcement Date 11/3/21 2/25/22 5/3/22 8/2/22 11/3/22 2/23/23 5/9/23 8/7/23 11/6/23 2/27/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 8,029 - - - - -
Net Cash position 1 2,955 12,438 - 16,792 30,168 23,113 27,492 25,965
Leverage (Debt/EBITDA) - - 0.6728 x - - - - -
Free Cash Flow 1 7,159 13,540 -14,723 29,212 18,175 6,244 11,059 -
ROE (net income / shareholders' equity) 39.8% 38.5% 33.3% 42.9% 29.7% 38.7% 38.6% 39.2%
ROA (Net income/ Total Assets) 16.2% 16.7% 12.4% 16.3% 13.6% 19% 19.4% -
Assets 1 38,176 51,436 69,731 86,788 88,842 99,771 121,848 -
Book Value Per Share 2 116.0 140.0 157.0 222.0 242.0 306.0 395.0 489.0
Cash Flow per Share 2 46.40 80.20 -81.00 174.0 131.0 107.0 103.0 183.0
Capex 1 747 553 511 1,466 4,886 3,323 3,130 -
Capex / Sales 0.46% 0.3% 0.27% 0.5% 2.02% 0.94% 0.65% -
Announcement Date 3/19/20 1/19/21 2/25/22 2/23/23 2/27/24 - - -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
2,225 TWD
Average target price
2,722 TWD
Spread / Average Target
+22.36%
Consensus
  1. Stock Market
  2. Equities
  3. 6669 Stock
  4. 6669 Stock
  5. Financials Wiwynn Corporation