Financials Goldsun Building Materials Co., Ltd.

Equities

2504

TW0002504008

Construction Materials

End-of-day quote Taiwan S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
48.05 TWD -2.24% Intraday chart for Goldsun Building Materials Co., Ltd. +2.23% +70.69%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2024 2025
Capitalization 1 19,892 29,345 34,306 29,716 59,786 -
Enterprise Value (EV) 1 19,892 33,220 35,661 29,716 63,833 63,307
P/E ratio - 13.2 x 12.1 x 7.23 x 13.8 x 16.3 x
Yield - 6% 6.17% - 4.43% 4.61%
Capitalization / Revenue 1.05 x 1.55 x 1.57 x 1.4 x 2.72 x 2.66 x
EV / Revenue 1.05 x 1.76 x 1.64 x 1.4 x 2.91 x 2.82 x
EV / EBITDA - 11.4 x 9.29 x 7.29 x 12.4 x 11.9 x
EV / FCF - 14.7 x 13.5 x - 16.8 x 19.9 x
FCF Yield - 6.79% 7.42% - 5.95% 5.02%
Price to Book - - 1.6 x - 2.27 x 2.18 x
Nbr of stocks (in thousands) 1,182,182 1,173,809 1,176,884 1,176,884 1,176,884 -
Reference price 2 16.83 25.00 29.15 25.25 50.80 50.80
Announcement Date 3/31/20 3/28/21 2/25/22 2/24/23 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2024 2025
Net sales 1 19,005 18,878 21,802 21,279 21,958 22,454
EBITDA 1 - 2,921 3,841 4,074 5,164 5,339
EBIT 1 364.2 2,324 3,244 3,349 4,470 4,645
Operating Margin 1.92% 12.31% 14.88% 15.74% 20.36% 20.69%
Earnings before Tax (EBT) 1 - 2,706 3,646 5,128 5,603 4,779
Net income 1 - 2,473 2,849 4,132 4,346 3,688
Net margin - 13.1% 13.07% 19.42% 19.79% 16.42%
EPS 2 - 1.900 2.410 3.490 3.680 3.120
Free Cash Flow 1 - 2,256 2,646 - 3,800 3,176
FCF margin - 11.95% 12.14% - 17.31% 14.14%
FCF Conversion (EBITDA) - 77.23% 68.89% - 73.59% 59.49%
FCF Conversion (Net income) - 91.22% 92.87% - 87.44% 86.12%
Dividend per Share 2 - 1.500 1.800 - 2.250 2.340
Announcement Date 3/31/20 3/28/21 2/25/22 2/24/23 - -
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 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 5,277 5,947 4,853 5,253 5,403 5,770 5,030 5,187 5,135 5,149 5,217 5,505 6,026
EBITDA - - - - - - - - - - - - -
EBIT 1 826 947.2 665.8 831.1 892.7 959.9 914.5 990.2 988 928 1,100 1,133 1,265
Operating Margin 15.65% 15.93% 13.72% 15.82% 16.52% 16.64% 18.18% 19.09% 19.24% 18.02% 21.08% 20.58% 20.99%
Earnings before Tax (EBT) 1 980.9 981.8 2,414 904.5 886.5 922.5 1,109 1,003 963 1,069 2,063 1,168 1,304
Net income 1 762.1 786.7 2,084 702.7 670 675.8 847.1 755.1 746.5 809 1,620 904 1,013
Net margin 14.44% 13.23% 42.93% 13.38% 12.4% 11.71% 16.84% 14.56% 14.54% 15.71% 31.05% 16.42% 16.81%
EPS 2 0.6500 0.6600 1.770 0.6000 0.5700 0.5700 0.7200 0.6400 0.6300 0.6800 1.370 0.7700 0.8600
Dividend per Share - - - - - - - - - - - - -
Announcement Date 11/11/21 2/25/22 5/9/22 8/5/22 11/4/22 2/24/23 5/11/23 8/9/23 11/10/23 - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2024 2025
Net Debt 1 - 3,875 1,355 - 4,047 3,521
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - 1.327 x 0.3528 x - 0.7837 x 0.6595 x
Free Cash Flow 1 - 2,256 2,646 - 3,800 3,176
ROE (net income / shareholders' equity) - 12.2% 13.7% - 16.5% 13.5%
ROA (Net income/ Total Assets) - 6.89% 8.08% - 10.4% 8.6%
Assets 1 - 35,887 35,245 - 41,788 42,884
Book Value Per Share 2 - - 18.20 - 22.40 23.30
Cash Flow per Share - - - - - -
Capex 1 - 582 1,191 - 1,469 1,004
Capex / Sales - 3.08% 5.46% - 6.69% 4.47%
Announcement Date 3/31/20 3/28/21 2/25/22 2/24/23 - -
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
1
Last Close Price
50.8 TWD
Average target price
59 TWD
Spread / Average Target
+16.14%
Consensus
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