ASROCK INCORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 218 TWD | -1.13% |
|
-0.68% | -15.18% |
| 05-10 | ASROCK Incorporation Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 05-02 | ASROCK Incorporation Proposes Dividend, Payable on July 22, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 9,111 | 18,820 | 34,604 | 17,323 | 31,262 | 26,517 | - |
| Enterprise Value (EV) 1 | 9,111 | 15,433 | 31,204 | 14,021 | 28,215 | 23,018 | 23,313 |
| P/E ratio | 15.3 x | 13.9 x | 14.4 x | 16.4 x | 34.1 x | 19.5 x | 18.2 x |
| Yield | - | 5.13% | 4.62% | - | 2.68% | 3.72% | 4.14% |
| Capitalization / Revenue | 0.68 x | 1.05 x | 1.75 x | 1.01 x | 1.65 x | 1.23 x | 1.1 x |
| EV / Revenue | 0.68 x | 0.86 x | 1.58 x | 0.82 x | 1.49 x | 1.07 x | 0.97 x |
| EV / EBITDA | - | 7.97 x | 9.91 x | 10.6 x | 21.1 x | 13.9 x | 11.9 x |
| EV / FCF | 6.91 x | 11.7 x | 31.9 x | 13.3 x | 10.8 x | 18.9 x | 35.2 x |
| FCF Yield | 14.5% | 8.53% | 3.13% | 7.51% | 9.29% | 5.29% | 2.84% |
| Price to Book | 1.48 x | - | 4.18 x | 2.11 x | 3.85 x | 3.16 x | 2.96 x |
| Nbr of stocks (in thousands) | 120,679 | 120,642 | 122,925 | 121,993 | 121,641 | 121,636 | - |
| Reference price 2 | 75.50 | 156.0 | 281.5 | 142.0 | 257.0 | 218.0 | 218.0 |
| Announcement Date | 11/03/20 | 24/02/21 | 23/02/22 | 09/03/23 | 06/03/24 | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 13,415 | 17,912 | 19,763 | 17,121 | 18,992 | 21,556 | 24,122 |
| EBITDA 1 | - | 1,936 | 3,150 | 1,320 | 1,338 | 1,654 | 1,964 |
| EBIT 1 | 766.8 | 1,858 | 3,058 | 1,185 | 1,147 | 1,788 | 1,881 |
| Operating Margin | 5.72% | 10.37% | 15.47% | 6.92% | 6.04% | 8.29% | 7.8% |
| Earnings before Tax (EBT) 1 | 784.9 | 1,856 | 3,060 | 1,431 | 1,218 | 1,932 | 2,004 |
| Net income 1 | 597.5 | 1,363 | 2,381 | 1,066 | 919 | 1,360 | 1,457 |
| Net margin | 4.45% | 7.61% | 12.05% | 6.23% | 4.84% | 6.31% | 6.04% |
| EPS 2 | 4.920 | 11.22 | 19.53 | 8.650 | 7.540 | 11.16 | 11.96 |
| Free Cash Flow 1 | 1,319 | 1,317 | 977.9 | 1,053 | 2,620 | 1,218 | 662 |
| FCF margin | 9.83% | 7.35% | 4.95% | 6.15% | 13.79% | 5.65% | 2.74% |
| FCF Conversion (EBITDA) | - | 68.03% | 31.04% | 79.81% | 195.75% | 73.61% | 33.71% |
| FCF Conversion (Net income) | 220.71% | 96.63% | 41.07% | 98.76% | 285.07% | 89.5% | 45.44% |
| Dividend per Share 2 | - | 8.000 | 13.00 | - | 6.900 | 8.100 | 9.020 |
| Announcement Date | 11/03/20 | 24/02/21 | 23/02/22 | 09/03/23 | 06/03/24 | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,637 | 5,038 | 3,617 | 3,566 | 4,899 | 4,395 | 4,087 | 4,902 | 8,381 | 4,953 | 5,026 | 5,808 | 6,038 |
| EBITDA | - | - | 239.7 | - | 282.9 | - | 191.3 | 331.3 | 450 | - | - | - | - |
| EBIT 1 | 861.1 | 685.8 | 208.5 | 50.44 | 240.3 | 150.9 | 144 | 283.4 | 401.1 | 300.2 | 370.2 | 489.5 | 528 |
| Operating Margin | 15.28% | 13.61% | 5.76% | 1.41% | 4.9% | 3.43% | 3.52% | 5.78% | 4.79% | 6.06% | 7.37% | 8.43% | 8.75% |
| Earnings before Tax (EBT) 1 | 860.3 | 784.9 | 311.2 | 246.8 | 87.84 | 158 | 213.3 | 374.8 | 471.8 | 426.5 | 400.3 | 502.7 | 544 |
| Net income 1 | 680.7 | 614.6 | 248.8 | 179.5 | 23.32 | 125.1 | 158 | 308.9 | 327.1 | 308.1 | 302 | 380.2 | 395.8 |
| Net margin | 12.08% | 12.2% | 6.88% | 5.03% | 0.48% | 2.85% | 3.87% | 6.3% | 3.9% | 6.22% | 6.01% | 6.55% | 6.55% |
| EPS 2 | 5.560 | 4.970 | 2.010 | 1.450 | 0.2500 | 1.020 | 1.290 | 2.530 | 2.690 | 2.530 | 2.475 | 3.118 | 3.245 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 23/02/22 | 27/04/22 | 05/08/22 | 02/11/22 | 09/03/23 | 01/05/23 | 03/08/23 | 02/11/23 | 06/03/24 | 10/05/24 | - | - | - |
1TWD in Million2TWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 3,387 | 3,399 | 3,302 | 3,046 | 3,499 | 3,204 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 1,319 | 1,317 | 978 | 1,053 | 2,620 | 1,218 | 662 |
| ROE (net income / shareholders' equity) | 9.71% | 20.8% | 31.4% | 13% | 11.3% | 15.4% | 16.5% |
| ROA (Net income/ Total Assets) | 6.09% | 12.4% | 17.2% | 6.95% | 6.31% | 8.32% | 9.35% |
| Assets 1 | 9,815 | 10,991 | 13,805 | 15,331 | 14,572 | 16,357 | 15,583 |
| Book Value Per Share 2 | 51.00 | - | 67.30 | 67.20 | 66.80 | 69.00 | 73.70 |
| Cash Flow per Share | - | - | 8.400 | 9.250 | 21.60 | - | - |
| Capex 1 | 27.7 | 34.9 | 46.4 | 87.8 | 16.4 | 62.7 | 48.5 |
| Capex / Sales | 0.21% | 0.19% | 0.23% | 0.51% | 0.09% | 0.29% | 0.2% |
| Announcement Date | 11/03/20 | 24/02/21 | 23/02/22 | 09/03/23 | 06/03/24 | - | - |
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
Sell
Buy
Mean consensus
HOLD
Number of Analysts
4
Last Close Price
218
TWD
Average target price
264
TWD
Spread / Average Target
+21.10%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -15.18% | 817M | |
| +31.78% | 12.95B | |
| +15.90% | 7.84B | |
| -21.98% | 4.78B | |
| -14.28% | 1.18B | |
| +21.80% | 226M | |
| +35.14% | 127M | |
| +19.71% | 83.32M | |
| +2.88% | 61.17M |
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- Financials ASROCK Incorporation
