Financials Art Emperor Technology And Culture Co., Ltd.

Equities

6650

TW0006650005

Home Furnishings Retailers

End-of-day quote Taipei Exchange 06:00:00 2024-06-04 pm EDT 5-day change 1st Jan Change
50 TWD -5.30% Intraday chart for Art Emperor Technology And Culture Co., Ltd. -3.10% -14.09%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 380.6 553.3 1,381 1,412 1,377 1,693
Enterprise Value (EV) 1 348 480.1 1,108 1,091 1,092 1,380
P/E ratio 9.28 x 34.3 x 24.9 x 22.5 x 15.5 x 28.4 x
Yield 8.07% 2.78% 2.85% 5.22% 3.06% 1.2%
Capitalization / Revenue 1.82 x 5.13 x 8.03 x 7.83 x 7.43 x 9.89 x
EV / Revenue 1.67 x 4.45 x 6.44 x 6.05 x 5.89 x 8.06 x
EV / EBITDA 5.57 x 16.6 x 16.5 x 14.2 x 12.3 x 19.1 x
EV / FCF -4.83 x 6.13 x 8.02 x 11.6 x -826 x 22.2 x
FCF Yield -20.7% 16.3% 12.5% 8.64% -0.12% 4.51%
Price to Book 1.85 x 2.9 x 4.64 x 4.39 x 4.08 x 4.83 x
Nbr of stocks (in thousands) 25,019 25,019 29,090 29,090 29,090 29,090
Reference price 2 15.21 22.11 47.47 48.55 47.32 58.20
Announcement Date 4/30/19 4/29/20 4/29/21 4/26/22 4/25/23 5/10/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 208.6 107.9 172 180.3 185.3 171.3
EBITDA 1 62.45 28.84 67.26 76.99 88.85 72.11
EBIT 1 49.56 25.76 65.68 76.35 88.67 71.96
Operating Margin 23.76% 23.87% 38.18% 42.35% 47.84% 42.02%
Earnings before Tax (EBT) 1 51.53 22.22 66.26 76.29 107.8 71.41
Net income 1 41.06 16.22 54.66 63.21 89.56 59.96
Net margin 19.68% 15.03% 31.78% 35.06% 48.33% 35.01%
EPS 2 1.640 0.6448 1.910 2.159 3.058 2.050
Free Cash Flow 1 -72.01 78.28 138.1 94.25 -1.323 62.17
FCF margin -34.52% 72.52% 80.3% 52.28% -0.71% 36.3%
FCF Conversion (EBITDA) - 271.47% 205.34% 122.42% - 86.22%
FCF Conversion (Net income) - 482.45% 252.68% 149.1% - 103.69%
Dividend per Share 2 1.228 0.6141 1.351 2.536 1.449 0.7000
Announcement Date 4/30/19 4/29/20 4/29/21 4/26/22 4/25/23 5/10/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 32.5 73.2 273 321 284 313
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -72 78.3 138 94.2 -1.32 62.2
ROE (net income / shareholders' equity) 21.1% 8.19% 22.4% 20.4% 27.2% 17.4%
ROA (Net income/ Total Assets) 13.6% 6.63% 8.92% 8.01% 8.68% 6.57%
Assets 1 302.6 244.8 613 789.3 1,032 913.3
Book Value Per Share 2 8.210 7.630 10.20 11.10 11.60 12.00
Cash Flow per Share 2 1.320 3.210 9.540 11.70 10.30 11.10
Capex 1 2.67 0.08 - 0.25 - 0.25
Capex / Sales 1.28% 0.08% - 0.14% - 0.15%
Announcement Date 4/30/19 4/29/20 4/29/21 4/26/22 4/25/23 5/10/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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