Financials EDIMAX Technology Co., Ltd.

Equities

3047

TW0003047007

Communications & Networking

End-of-day quote Taiwan S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
15.45 TWD -0.96% Intraday chart for EDIMAX Technology Co., Ltd. +6.92% -3.74%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,642 1,976 2,503 2,674 3,105 3,385
Enterprise Value (EV) 1 3,216 3,155 2,833 3,998 3,982 4,334
P/E ratio -63.9 x 32.5 x 24.2 x -48.6 x 13.3 x -109 x
Yield - 1.4% 2.14% - 6.47% -
Capitalization / Revenue 0.24 x 0.36 x 0.4 x 0.51 x 0.52 x 0.79 x
EV / Revenue 0.47 x 0.57 x 0.45 x 0.76 x 0.67 x 1.02 x
EV / EBITDA 9.5 x 10.9 x 6.14 x 67.6 x 16.2 x -28 x
EV / FCF 17.3 x 5.48 x 5.41 x -5.16 x 65.9 x 14.1 x
FCF Yield 5.79% 18.3% 18.5% -19.4% 1.52% 7.09%
Price to Book 0.88 x 0.98 x 1.15 x 1.29 x 1.21 x 1.39 x
Nbr of stocks (in thousands) 174,503 184,668 184,733 187,633 205,621 210,906
Reference price 2 9.410 10.70 13.55 14.25 15.10 16.05
Announcement Date 22/03/19 20/03/20 24/03/21 11/03/22 03/03/23 06/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 6,874 5,488 6,313 5,248 5,963 4,260
EBITDA 1 338.5 289.9 461.4 59.14 246 -155
EBIT 1 212.1 178.1 370.8 -37.64 155.1 -241
Operating Margin 3.09% 3.24% 5.87% -0.72% 2.6% -5.66%
Earnings before Tax (EBT) 1 205.7 234.3 279.4 -54.14 297.7 -229
Net income 1 -27.13 60.77 104.3 -55.03 252.7 -30.96
Net margin -0.39% 1.11% 1.65% -1.05% 4.24% -0.73%
EPS 2 -0.1473 0.3293 0.5600 -0.2932 1.139 -0.1477
Free Cash Flow 1 186.2 576 524.1 -774.6 60.43 307.5
FCF margin 2.71% 10.5% 8.3% -14.76% 1.01% 7.22%
FCF Conversion (EBITDA) 55.02% 198.71% 113.57% - 24.57% -
FCF Conversion (Net income) - 947.85% 502.69% - 23.92% -
Dividend per Share - 0.1500 0.2899 - 0.9771 -
Announcement Date 22/03/19 20/03/20 24/03/21 11/03/22 03/03/23 06/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,574 1,179 330 1,324 878 949
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.65 x 4.068 x 0.7158 x 22.38 x 3.568 x -6.123 x
Free Cash Flow 1 186 576 524 -775 60.4 307
ROE (net income / shareholders' equity) 5.26% 6.23% 8.17% -2.44% 8.33% -8.21%
ROA (Net income/ Total Assets) 1.98% 1.65% 3.28% -0.31% 1.29% -2.14%
Assets 1 -1,373 3,681 3,178 17,519 19,545 1,445
Book Value Per Share 2 10.70 10.90 11.80 11.00 12.50 11.60
Cash Flow per Share 2 4.770 6.360 11.20 5.920 8.230 5.350
Capex 1 58.3 52.1 76.5 60.7 240 63.5
Capex / Sales 0.85% 0.95% 1.21% 1.16% 4.02% 1.49%
Announcement Date 22/03/19 20/03/20 24/03/21 11/03/22 03/03/23 06/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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