Financials TSC Auto ID Technology Co., Ltd.

Equities

3611

TW0003611000

Computer Hardware

End-of-day quote Taipei Exchange 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
226.5 TWD +1.12% Intraday chart for TSC Auto ID Technology Co., Ltd. +0.89% -6.21%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 10,355 8,283 8,517 8,184 11,376 10,677
Enterprise Value (EV) 1 11,714 9,092 9,042 8,184 11,376 10,677
P/E ratio 13.7 x 11.6 x 10.9 x 8.48 x 12.4 x 11.1 x
Yield 4.1% 5.13% 5.49% - - -
Capitalization / Revenue 1.77 x 1.46 x 1.24 x - 1.36 x 1.23 x
EV / Revenue 1.77 x 1.46 x 1.24 x - 1.36 x 1.23 x
EV / EBITDA 8,354,282 x 7,004,607 x 6,518,623 x - - -
EV / FCF 12,523,784 x 7,839,448 x 10,581,146 x - - -
FCF Yield 0% 0% 0% - - -
Price to Book 3.27 x 2.33 x 2.08 x - 2.08 x 1.66 x
Nbr of stocks (in thousands) 46,672 46,716 46,716 46,755 47,107 47,141
Reference price 2 221.9 177.3 182.3 175.0 241.5 226.5
Announcement Date 3/29/20 3/29/21 3/30/22 3/15/23 4/1/24 -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 1 5,857 5,684 6,849 - 8,352 8,710
EBITDA 1,239 1,183 1,307 - - -
EBIT 1 985.9 917.3 1,050 - 1,197 1,199
Operating Margin 16.83% 16.14% 15.33% - 14.33% 13.77%
Earnings before Tax (EBT) 1 998.4 943.5 1,083 - 1,257 1,287
Net income 1 760.5 715.4 784.5 964.9 926.9 962
Net margin 12.99% 12.59% 11.45% - 11.1% 11.04%
EPS 2 16.18 15.22 16.66 20.65 19.50 20.42
Free Cash Flow 826.8 1,057 804.9 - - -
FCF margin 14.12% 18.59% 11.75% - - -
FCF Conversion (EBITDA) 66.71% 89.35% 61.61% - - -
FCF Conversion (Net income) 108.71% 147.7% 102.6% - - -
Dividend per Share 9.093 9.093 10.00 - - -
Announcement Date 3/29/20 3/29/21 3/30/22 3/15/23 4/1/24 -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2023 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 1,811 1,908 2,195 2,108 1,875 2,266 2,308 2,260
EBITDA - - - - - - - -
EBIT 1 255.4 280.4 384.8 303.5 200.3 329 346 325
Operating Margin 14.11% 14.7% 17.54% 14.4% 10.68% 14.52% 14.99% 14.38%
Earnings before Tax (EBT) 1 255.4 - - 321.1 217.2 394 348 328
Net income 1 184.7 204.3 327.8 229.5 159.8 295 261 246
Net margin 10.2% 10.71% 14.94% 10.89% 8.52% 13.02% 11.31% 10.88%
EPS 2 3.910 4.374 6.940 4.890 3.360 6.270 5.540 5.220
Dividend per Share - - - - - - - -
Announcement Date 3/30/22 5/15/23 8/11/23 11/13/23 5/14/24 - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net Debt 1,359 809 525 - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) 1.097 x 0.6838 x 0.4018 x - - -
Free Cash Flow 827 1,057 805 - - -
ROE (net income / shareholders' equity) 25.5% 21.3% 20.5% - - -
ROA (Net income/ Total Assets) 11.2% 10.3% 10.6% - - -
Assets 1 6,789 6,947 7,387 - - -
Book Value Per Share 2 67.80 76.00 87.50 - 116.0 136.0
Cash Flow per Share 20.20 23.90 20.20 - - -
Capex 123 68.2 147 - - -
Capex / Sales 2.1% 1.2% 2.15% - - -
Announcement Date 3/29/20 3/29/21 3/30/22 3/15/23 4/1/24 -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
226.5 TWD
Average target price
245 TWD
Spread / Average Target
+8.17%
Consensus
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