Financials Acer Synergy Tech Corp.

Equities

6751

TW0006751001

IT Services & Consulting

End-of-day quote Taipei Exchange 23:00:00 12/05/2024 BST 5-day change 1st Jan Change
62.1 TWD -2.66% Intraday chart for Acer Synergy Tech Corp. -9.74% -25.00%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 702.9 868.1 647.6 858 1,838
Enterprise Value (EV) 1 766.3 656.9 440.8 651.7 1,183
P/E ratio 23 x 28.5 x 20.5 x 10.7 x 27.1 x
Yield 3.25% 2.69% 4.23% 6.99% 2.42%
Capitalization / Revenue 0.65 x 0.88 x 0.52 x 0.62 x 1.06 x
EV / Revenue 0.71 x 0.67 x 0.36 x 0.47 x 0.68 x
EV / EBITDA 21.3 x 16 x 11.2 x 8.59 x 8.19 x
EV / FCF -2.58 x 4.39 x 7.16 x -5.57 x 8.42 x
FCF Yield -38.7% 22.8% 14% -18% 11.9%
Price to Book 3.54 x 2.81 x 1.77 x 1.23 x 2.06 x
Nbr of stocks (in thousands) 11,130 11,130 13,030 20,000 22,200
Reference price 2 63.15 78.00 49.70 42.90 82.80
Announcement Date 17/04/20 29/03/21 15/03/22 30/03/23 28/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 883.9 1,075 983.6 1,238 1,389 1,739
EBITDA 1 26.84 36.02 40.93 39.23 75.9 144.6
EBIT 1 26.71 35.88 40.61 38.61 73.69 130.7
Operating Margin 3.02% 3.34% 4.13% 3.12% 5.31% 7.52%
Earnings before Tax (EBT) 1 27.45 35.08 39.31 39.98 97.26 139.3
Net income 1 21.89 27.2 30.78 31.82 75.9 64.21
Net margin 2.48% 2.53% 3.13% 2.57% 5.46% 3.69%
EPS 2 2.830 2.750 2.740 2.420 4.000 3.060
Free Cash Flow 1 59.6 -296.9 149.6 61.6 -117.1 140.5
FCF margin 6.74% -27.63% 15.21% 4.97% -8.43% 8.08%
FCF Conversion (EBITDA) 222.03% - 365.47% 157.03% - 97.21%
FCF Conversion (Net income) 272.22% - 485.92% 193.61% - 218.88%
Dividend per Share - 2.050 2.100 2.100 3.000 2.000
Announcement Date 12/09/19 17/04/20 29/03/21 15/03/22 30/03/23 28/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 63.4 - - - -
Net Cash position 1 156 - 211 207 206 655
Leverage (Debt/EBITDA) - 1.761 x - - - -
Free Cash Flow 1 59.6 -297 150 61.6 -117 141
ROE (net income / shareholders' equity) 26.3% 18.5% 10.9% 8.74% 14.2% 11.2%
ROA (Net income/ Total Assets) 5.35% 3.87% 4.09% 3.8% 5.18% 5.55%
Assets 1 409 703.3 752.6 837.7 1,465 1,156
Book Value Per Share 2 12.60 17.90 27.80 28.10 35.00 40.10
Cash Flow per Share 2 20.40 5.980 16.40 15.90 10.30 29.60
Capex 1 0.89 - 0.36 5.37 169 11.9
Capex / Sales 0.1% - 0.04% 0.43% 12.2% 0.69%
Announcement Date 12/09/19 17/04/20 29/03/21 15/03/22 30/03/23 28/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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