ECLOUDVALLEY DIGITAL TECHNOLOGY CO., LTD.

Financials eCloudvalley Digital Technology Co., Ltd.

Equities

6689

TW0006689003

IT Services & Consulting

End-of-day quote Taiwan S.E. Other stock markets 23:00:00 09/05/2024 BST			5-day change	1st Jan Change
97.4 ^TWD	-4.04%		-4.98%	-27.04%

03-15	ECloudvalley Digital Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	ECloudvalley Digital Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Valuation

Fiscal Period: December	2021	2022	2023	2024	2025
Capitalization ¹	15,870	5,610	9,078	6,604	-
Enterprise Value (EV) ¹	15,870	2,596	6,890	4,132	3,727
P/E ratio	78 x	-	-	-	-
Yield	-	3.39%	1.5%	2.24%	3.51%
Capitalization / Revenue	-	0.65 x	0.92 x	0.54 x	0.43 x
EV / Revenue	-	0.3 x	0.7 x	0.34 x	0.24 x
EV / EBITDA	-	16.1 x	35.3 x	15.7 x	9.98 x
EV / FCF	-	-	-28.5 x	10.1 x	9.18 x
FCF Yield	-	-	-3.51%	9.87%	10.9%
Price to Book	-	1.99 x	3.17 x	2.26 x	2.21 x
Nbr of stocks (in thousands)	60,000	68,000	68,000	67,800	-
Reference price ²	264.5	82.50	133.5	97.40	97.40
Announcement Date	01/04/22	30/03/23	15/03/24	-	-

¹TWD in Million²TWD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2021	2022	2023	2024	2025
Net sales ¹	-	8,618	9,819	12,309	15,336
EBITDA ¹	-	160.9	195.2	264	373.4
EBIT ¹	-	116.9	132.9	272.2	385.1
Operating Margin	-	1.36%	1.35%	2.21%	2.51%
Earnings before Tax (EBT) ¹	-	-	-	254	328
Net income	203.8	-	-	-	-
Net margin	-	-	-	-	-
EPS	3.390	-	-	-	-
Free Cash Flow ¹	-	-	-242	408	406
FCF margin	-	-	-2.46%	3.31%	2.65%
FCF Conversion (EBITDA)	-	-	-	154.55%	108.73%
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share ²	-	2.800	2.000	2.180	3.423
Announcement Date	01/04/22	30/03/23	15/03/24	-	-

¹TWD in Million²TWD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales	2,182	2,395	2,470	2,770	-	-	-	-
EBITDA ¹	-	-	-	-	26	60	82	96
EBIT	15.31	35.41	47.62	34.56	-	-	-	-
Operating Margin	0.7%	1.48%	1.93%	1.25%	-	-	-	-
Earnings before Tax (EBT)	-	56.55	-	-	-	58	80	93
Net income	-	49.84	-	-	-	-	-	-
Net margin	-	2.08%	-	-	-	-	-	-
EPS	-	0.7300	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-	-
Announcement Date	15/05/23	14/08/23	13/11/23	15/03/24	-	-	-	-

¹TWD in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2021	2022	2023	2024	2025
Net Debt ¹	-	-	-	-	-
Net Cash position ¹	-	3,014	2,188	2,472	2,876
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow ¹	-	-	-242	408	406
ROE (net income / shareholders' equity)	-	4.41%	6.45%	7.3%	11.4%
ROA (Net income/ Total Assets)	-	-	-	3.6%	4.1%
Assets	-	-	-	-	-
Book Value Per Share ²	-	41.50	42.10	43.10	44.00
Cash Flow per Share ²	-	-0.4500	-3.430	7.630	6.900
Capex ¹	-	-	-	8	8
Capex / Sales	-	-	-	0.06%	0.05%
Announcement Date	01/04/22	30/03/23	15/03/24	-	-

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

Ratings for eCloudvalley Digital Technology Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

97.4 TWD

Average target price

184 TWD

Spread / Average Target

+88.91%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

Sector Cloud Computing Services

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Cloud Computing Services