Financials Wowprime Corp.

Equities

2727

TW0002727005

Restaurants & Bars

End-of-day quote Taiwan S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
234.5 TWD +2.40% Intraday chart for Wowprime Corp. +7.57% -6.01%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 5,974 9,651 10,117 12,538 20,482 19,335 -
Enterprise Value (EV) 1 5,974 9,651 10,117 10,960 20,482 15,876 14,602
P/E ratio 16.7 x 27.5 x -96.4 x 32.6 x 15.1 x 15.8 x 14.2 x
Yield - - - 2.3% - 5.23% 5.92%
Capitalization / Revenue 0.37 x 0.63 x - 0.68 x 0.92 x 0.86 x 0.81 x
EV / Revenue 0.37 x 0.63 x - 0.6 x 0.92 x 0.71 x 0.61 x
EV / EBITDA 2.13 x 3.96 x - 4.19 x 5.17 x 3.96 x 3.33 x
EV / FCF - - - 5.69 x - 5.51 x 4.73 x
FCF Yield - - - 17.6% - 18.2% 21.2%
Price to Book - - - 3.95 x - 3.88 x 4.13 x
Nbr of stocks (in thousands) 82,513 83,559 82,397 82,056 82,092 82,453 -
Reference price 2 72.40 115.5 122.8 152.8 249.5 234.5 234.5
Announcement Date 3/9/20 3/10/21 3/8/22 3/25/23 3/11/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 16,232 15,234 - 18,321 22,318 22,385 23,814
EBITDA 1 2,805 2,435 - 2,618 3,961 4,014 4,384
EBIT 1 604.1 555.3 - 470.7 1,783 1,659 1,830
Operating Margin 3.72% 3.65% - 2.57% 7.99% 7.41% 7.68%
Earnings before Tax (EBT) 1 440.5 345.5 - 369.8 1,729 1,606 1,772
Net income 1 355 348.3 - 386.6 1,381 1,252 1,400
Net margin 2.19% 2.29% - 2.11% 6.19% 5.59% 5.88%
EPS 2 4.338 4.193 -1.273 4.684 16.53 14.80 16.56
Free Cash Flow 1 - - - 1,925 - 2,882 3,090
FCF margin - - - 10.51% - 12.88% 12.98%
FCF Conversion (EBITDA) - - - 73.52% - 71.81% 70.48%
FCF Conversion (Net income) - - - 497.93% - 230.29% 220.71%
Dividend per Share 2 - - - 3.520 - 12.26 13.88
Announcement Date 3/9/20 3/10/21 3/8/22 3/25/23 3/11/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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 3,765 - 5,011 5,610 5,382 5,825 5,501 5,618 5,222 5,855 5,689 5,866
EBITDA 1 - - - - 954.6 1,003 - 1,045 936 1,042 1,069 1,114
EBIT 1 -235.7 - 260.7 497.7 425.8 448.6 410.6 430.7 355.7 436 436.3 444
Operating Margin -6.26% - 5.2% 8.87% 7.91% 7.7% 7.46% 7.67% 6.81% 7.45% 7.67% 7.57%
Earnings before Tax (EBT) 1 -134.5 - 198.9 487.6 448.6 471.5 321.1 403.7 344 427.3 431 440
Net income 1 -108.6 283.3 205.3 373.9 361.3 377.7 267.5 312 266.7 335.3 337.7 351
Net margin -2.89% - 4.1% 6.67% 6.71% 6.48% 4.86% 5.55% 5.11% 5.73% 5.94% 5.98%
EPS 2 -1.319 3.429 2.492 4.557 3.893 4.590 3.180 3.690 3.157 3.970 4.000 4.150
Dividend per Share - - - - - - - - - - - -
Announcement Date 11/4/21 11/4/22 3/25/23 5/9/23 8/4/23 11/2/23 3/11/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2022 2023 2024 2025
Net Debt 1 - - - - - -
Net Cash position 1 - - 1,578 - 3,459 4,734
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - - 1,925 - 2,883 3,090
ROE (net income / shareholders' equity) 10.7% 10.1% 12.9% - 24.4% 25.6%
ROA (Net income/ Total Assets) 3.19% 2.67% 2.8% - 7.2% 7.75%
Assets 1 11,121 13,035 13,821 - 17,384 18,065
Book Value Per Share 2 - - 38.70 - 60.40 56.80
Cash Flow per Share 2 - - - - 43.60 47.90
Capex 1 848 823 894 - 905 896
Capex / Sales 5.23% 5.4% 4.88% - 4.04% 3.76%
Announcement Date 3/9/20 3/10/21 3/25/23 3/11/24 - -
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
OUTPERFORM
Number of Analysts
3
Last Close Price
234.5 TWD
Average target price
254.7 TWD
Spread / Average Target
+8.60%
Consensus
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