Financials Elite Semiconductor Microelectronics Tech Inc

Equities

3006

TW0003006003

Semiconductors

End-of-day quote Taiwan S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
91.1 TWD +1.45% Intraday chart for Elite Semiconductor Microelectronics Tech Inc +4.71% -7.04%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 8,183 10,593 17,573 44,962 17,732 26,701
Enterprise Value (EV) 1 6,473 7,804 15,044 36,475 16,656 26,265
P/E ratio 12 x 22 x 16.9 x 9.36 x 17.5 x -22.5 x
Yield 4.99% 2.57% 3.09% 4.85% 2.77% 0.61%
Capitalization / Revenue 0.71 x 0.88 x 1.15 x 1.89 x 1.09 x 2.25 x
EV / Revenue 0.56 x 0.65 x 0.99 x 1.53 x 1.03 x 2.21 x
EV / EBITDA 5.02 x 7.46 x 9.6 x 5.71 x 11.8 x -27.7 x
EV / FCF -4.28 x 5.56 x -59.6 x 6.24 x -3.93 x -42 x
FCF Yield -23.4% 18% -1.68% 16% -25.4% -2.38%
Price to Book 1.11 x 1.42 x 2.13 x 3.54 x 1.54 x 2.67 x
Nbr of stocks (in thousands) 272,320 272,320 271,605 272,495 272,803 272,462
Reference price 2 30.05 38.90 64.70 165.0 65.00 98.00
Announcement Date 3/28/19 3/27/20 3/2/21 2/25/22 2/24/23 2/27/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 11,555 11,983 15,267 23,845 16,208 11,884
EBITDA 1 1,289 1,046 1,568 6,389 1,416 -947.5
EBIT 1 806.4 574.9 1,155 5,875 792.7 -1,639
Operating Margin 6.98% 4.8% 7.56% 24.64% 4.89% -13.79%
Earnings before Tax (EBT) 1 848.3 576.2 1,254 5,981 1,305 -1,228
Net income 1 706.5 497.4 1,076 4,976 1,042 -1,223
Net margin 6.11% 4.15% 7.05% 20.87% 6.43% -10.29%
EPS 2 2.510 1.770 3.830 17.63 3.710 -4.361
Free Cash Flow 1 -1,512 1,404 -252.3 5,843 -4,238 -625.8
FCF margin -13.08% 11.71% -1.65% 24.51% -26.15% -5.27%
FCF Conversion (EBITDA) - 134.27% - 91.47% - -
FCF Conversion (Net income) - 282.23% - 117.43% - -
Dividend per Share 2 1.500 1.000 2.000 8.000 1.800 0.6000
Announcement Date 3/28/19 3/27/20 3/2/21 2/25/22 2/24/23 2/27/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1
Net sales 1 5,855 5,081
EBITDA - -
EBIT 1 1,440 860.3
Operating Margin 24.6% 16.93%
Earnings before Tax (EBT) - -
Net income - -
Net margin - -
EPS - -
Dividend per Share - -
Announcement Date 2/25/22 4/28/22
1TWD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,710 2,790 2,529 8,486 1,076 436
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -1,512 1,404 -252 5,843 -4,238 -626
ROE (net income / shareholders' equity) 9.94% 6.93% 14% 48.5% 9.16% -11.3%
ROA (Net income/ Total Assets) 5.06% 3.46% 6.15% 22.1% 2.48% -5.42%
Assets 1 13,952 14,375 17,510 22,522 42,032 22,582
Book Value Per Share 2 27.00 27.40 30.40 46.60 42.30 36.70
Cash Flow per Share 2 6.880 10.10 13.20 35.90 17.50 16.60
Capex 1 426 268 354 917 1,277 517
Capex / Sales 3.69% 2.24% 2.32% 3.85% 7.88% 4.35%
Announcement Date 3/28/19 3/27/20 3/2/21 2/25/22 2/24/23 2/27/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Chiffre d''affaires - Rate of surprise

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