Financials Advanced Echem Materials Company Limited

Equities

4749

TW0004749007

Semiconductors

End-of-day quote Taipei Exchange 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
583 TWD +0.52% Intraday chart for Advanced Echem Materials Company Limited +0.87% +41.33%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 253.3 253.3 417.1 15,484 33,572
Enterprise Value (EV) 1 154 236.5 654.3 15,745 34,688
P/E ratio 58.9 x 13.5 x 3.27 x 39.3 x 107 x
Yield 4.79% - 19.1% 1.56% 0.68%
Capitalization / Revenue 0.28 x 0.22 x 0.26 x 6.81 x 14.2 x
EV / Revenue 0.17 x 0.21 x 0.41 x 6.92 x 14.7 x
EV / EBITDA 2.56 x 5.05 x 5.89 x 37.8 x 86.3 x
EV / FCF - -664,751 x -997,088 x -146,175,936 x -35,558,462 x
FCF Yield - -0% -0% -0% -0%
Price to Book 0.27 x 0.27 x 0.21 x 6.54 x 13.9 x
Nbr of stocks (in thousands) 48,488 48,488 79,828 80,644 81,386
Reference price 2 5.224 5.224 5.224 192.0 412.5
Announcement Date 8/16/21 8/16/21 4/22/22 5/24/23 4/30/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 919.2 1,152 1,613 2,274 2,364
EBITDA 1 60.19 46.82 111 416.5 401.9
EBIT 1 11.18 -3.581 47.2 295 224.8
Operating Margin 1.22% -0.31% 2.93% 12.97% 9.51%
Earnings before Tax (EBT) 1 5.552 24.5 132.1 466 361.4
Net income 1 5.192 24.5 122 403.5 318.4
Net margin 0.56% 2.13% 7.56% 17.74% 13.47%
EPS 2 0.0887 0.3875 1.600 4.890 3.860
Free Cash Flow - -355.8 -656.2 -107.7 -975.5
FCF margin - -30.89% -40.69% -4.74% -41.26%
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share 2 0.2500 - 1.000 3.002 2.800
Announcement Date 8/16/21 8/16/21 4/22/22 5/24/23 4/30/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 - - 237 261 1,116
Net Cash position 1 99.3 16.8 - - -
Leverage (Debt/EBITDA) - - 2.136 x 0.6266 x 2.777 x
Free Cash Flow - -356 -656 -108 -976
ROE (net income / shareholders' equity) - 1.92% 7.1% 18.4% 13.2%
ROA (Net income/ Total Assets) - -0.1% 0.95% 4.8% 3.3%
Assets 1 - -23,901 12,889 8,412 9,637
Book Value Per Share 2 19.20 19.10 24.90 29.40 29.80
Cash Flow per Share 2 8.860 9.500 9.570 8.080 5.150
Capex 1 250 518 600 416 570
Capex / Sales 27.21% 44.96% 37.18% 18.31% 24.12%
Announcement Date 8/16/21 8/16/21 4/22/22 5/24/23 4/30/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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