Financials Answer Technology Co., Ltd.

Equities

3528

TW0003528006

Semiconductors

End-of-day quote Taiwan S.E. 23:00:00 30/05/2024 BST 5-day change 1st Jan Change
49.8 TWD +0.10% Intraday chart for Answer Technology Co., Ltd. +0.71% -6.92%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,122 2,493 2,825 3,294 3,332 3,551
Enterprise Value (EV) 1 2,372 2,647 2,891 4,020 4,891 4,972
P/E ratio 12.3 x 13.9 x 13.7 x 11.3 x 9.15 x 32.6 x
Yield 7.73% 6.58% 6.74% 7.57% 8.13% 2.8%
Capitalization / Revenue 0.51 x 0.61 x 0.57 x 0.52 x 0.52 x 0.56 x
EV / Revenue 0.58 x 0.64 x 0.58 x 0.64 x 0.76 x 0.79 x
EV / EBITDA 8.87 x 11.5 x 13.3 x 11.6 x 8.29 x 12.9 x
EV / FCF 25 x 15.4 x 12.8 x -6.75 x -6.54 x 10.6 x
FCF Yield 4% 6.51% 7.79% -14.8% -15.3% 9.43%
Price to Book 1.47 x 1.7 x 1.86 x 1.8 x 1.7 x 1.97 x
Nbr of stocks (in thousands) 65,597 65,597 65,616 65,616 66,109 66,366
Reference price 2 32.35 38.00 43.05 50.20 50.40 53.50
Announcement Date 28/03/19 23/03/20 22/03/21 18/03/22 27/03/23 14/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,123 4,119 4,973 6,280 6,407 6,296
EBITDA 1 267.4 229.9 217.8 347.3 589.7 386.5
EBIT 1 258.6 221.1 209.3 342.2 584.4 378.1
Operating Margin 6.27% 5.37% 4.21% 5.45% 9.12% 6%
Earnings before Tax (EBT) 1 222.6 229.8 261.4 377.2 468.2 147.8
Net income 1 177.4 181.8 208.9 300.1 374 109.8
Net margin 4.3% 4.41% 4.2% 4.78% 5.84% 1.74%
EPS 2 2.630 2.740 3.140 4.460 5.510 1.640
Free Cash Flow 1 94.96 172.2 225.1 -595.4 -747.8 469.1
FCF margin 2.3% 4.18% 4.53% -9.48% -11.67% 7.45%
FCF Conversion (EBITDA) 35.51% 74.91% 103.37% - - 121.37%
FCF Conversion (Net income) 53.53% 94.72% 107.75% - - 427.15%
Dividend per Share 2 2.500 2.500 2.900 3.800 4.100 1.500
Announcement Date 28/03/19 23/03/20 22/03/21 18/03/22 27/03/23 14/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 250 154 65.9 726 1,559 1,422
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.9335 x 0.671 x 0.3026 x 2.09 x 2.644 x 3.678 x
Free Cash Flow 1 95 172 225 -595 -748 469
ROE (net income / shareholders' equity) 12.4% 12.5% 14% 17.9% 19.6% 5.82%
ROA (Net income/ Total Assets) 5.44% 4.29% 3.98% 5.14% 6.21% 3.61%
Assets 1 3,259 4,239 5,246 5,840 6,019 3,046
Book Value Per Share 2 22.10 22.30 23.10 27.90 29.60 27.20
Cash Flow per Share 2 6.080 6.810 6.620 8.950 8.340 9.340
Capex 1 7.16 14 4.13 6.35 12.6 22.4
Capex / Sales 0.17% 0.34% 0.08% 0.1% 0.2% 0.36%
Announcement Date 28/03/19 23/03/20 22/03/21 18/03/22 27/03/23 14/03/24
1TWD in Million2TWD
Estimates
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