Financials AVer Information Inc.

Equities

3669

TW0003669008

Computer Hardware

End-of-day quote Taiwan S.E. 23:00:00 13/05/2024 BST 5-day change 1st Jan Change
51.6 TWD -0.77% Intraday chart for AVer Information Inc. +3.61% +8.18%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,524 1,524 7,434 6,151 4,302 4,432
Enterprise Value (EV) 1 701 623.7 5,873 5,803 3,850 3,578
P/E ratio 33.5 x 21 x 9.58 x 9.58 x 13.1 x 17.8 x
Yield 2.44% 3.05% 6.25% 5.74% 3.09% 2.81%
Capitalization / Revenue 0.72 x 0.71 x 1.83 x 1.67 x 1.43 x 1.78 x
EV / Revenue 0.33 x 0.29 x 1.44 x 1.57 x 1.28 x 1.44 x
EV / EBITDA 5.12 x 4.15 x 5.6 x 6.85 x 9.19 x 15.3 x
EV / FCF -22.7 x 2.96 x 10.2 x 238 x 15.7 x 9.84 x
FCF Yield -4.4% 33.7% 9.78% 0.42% 6.38% 10.2%
Price to Book 0.62 x 0.62 x 2.32 x 2.07 x 1.53 x 1.37 x
Nbr of stocks (in thousands) 92,920 92,920 92,920 92,920 92,920 92,920
Reference price 2 16.40 16.40 80.00 66.20 46.30 47.70
Announcement Date 29/03/19 26/03/20 08/03/21 22/03/22 25/03/23 15/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,110 2,141 4,068 3,687 3,010 2,485
EBITDA 1 136.9 150.2 1,049 847.1 419.1 234.5
EBIT 1 53.71 66.73 960.1 740.8 291.6 105.9
Operating Margin 2.55% 3.12% 23.6% 20.09% 9.69% 4.26%
Earnings before Tax (EBT) 1 70.54 79.6 961.3 785.4 353.3 258.7
Net income 1 46.07 73.3 788.2 652.3 332.8 250
Net margin 2.18% 3.42% 19.37% 17.69% 11.06% 10.06%
EPS 2 0.4900 0.7800 8.350 6.910 3.540 2.680
Free Cash Flow 1 -30.84 210.5 574.1 24.37 245.5 363.6
FCF margin -1.46% 9.83% 14.11% 0.66% 8.16% 14.63%
FCF Conversion (EBITDA) - 140.13% 54.72% 2.88% 58.57% 155.01%
FCF Conversion (Net income) - 287.12% 72.84% 3.74% 73.77% 145.44%
Dividend per Share 2 0.4000 0.5000 5.000 3.800 1.430 1.340
Announcement Date 29/03/19 26/03/20 08/03/21 22/03/22 25/03/23 15/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 823 900 1,560 348 452 854
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -30.8 210 574 24.4 245 364
ROE (net income / shareholders' equity) 1.89% 2.98% 27.8% 21.1% 11.5% 8.27%
ROA (Net income/ Total Assets) 1.18% 1.39% 15.5% 10.4% 4.38% 1.58%
Assets 1 3,918 5,264 5,087 6,296 7,601 15,810
Book Value Per Share 2 26.40 26.50 34.40 32.00 30.30 34.70
Cash Flow per Share 2 8.310 10.10 19.40 10.80 11.70 15.00
Capex 1 27.1 50.8 70 174 96 87.3
Capex / Sales 1.29% 2.37% 1.72% 4.72% 3.19% 3.51%
Announcement Date 29/03/19 26/03/20 08/03/21 22/03/22 25/03/23 15/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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