FEDERAL CORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 21 TWD | +2.19% |
|
+6.06% | +6.60% |
| 04-29 | Earnings Flash (SFDL) SECURITY FEDERAL CORPORATION Posts Q1 EPS $0.54 | MT |
| 04-01 | Federal Corporation Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 4,986 | 6,411 | 9,054 | 13,259 | 9,191 | 9,054 |
| Enterprise Value (EV) 1 | 8,488 | 9,756 | 12,213 | 17,080 | 13,049 | 12,333 |
| P/E ratio | -4.06 x | -9.56 x | 81.2 x | -5.64 x | -6.78 x | -5.24 x |
| Yield | - | - | 0.1% | - | - | - |
| Capitalization / Revenue | 1 x | 1.41 x | 1.59 x | 8.49 x | 5.69 x | 18.9 x |
| EV / Revenue | 1.69 x | 2.15 x | 2.14 x | 10.9 x | 8.08 x | 25.8 x |
| EV / EBITDA | -27.7 x | 44.8 x | 15.8 x | -12.7 x | -42 x | -17 x |
| EV / FCF | 22.5 x | -70.2 x | 29.6 x | -7.49 x | 119 x | 5.02 x |
| FCF Yield | 4.45% | -1.42% | 3.37% | -13.4% | 0.84% | 19.9% |
| Price to Book | 0.62 x | 0.88 x | 1.2 x | 2.5 x | 2.31 x | 1.26 x |
| Nbr of stocks (in thousands) | 459,574 | 459,574 | 459,574 | 459,574 | 459,573 | 459,573 |
| Reference price 2 | 10.85 | 13.95 | 19.70 | 28.85 | 20.00 | 19.70 |
| Announcement Date | 29/03/19 | 31/03/20 | 31/03/21 | 31/03/22 | 31/03/23 | 01/04/24 |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 5,008 | 4,541 | 5,705 | 1,561 | 1,616 | 478.4 |
| EBITDA 1 | -306.6 | 217.9 | 772.3 | -1,340 | -310.7 | -725.2 |
| EBIT 1 | -910.9 | -386 | 269.3 | -1,848 | -728.8 | -1,077 |
| Operating Margin | -18.19% | -8.5% | 4.72% | -118.38% | -45.11% | -225.1% |
| Earnings before Tax (EBT) 1 | -1,373 | -662.4 | 165 | -2,301 | -1,355 | -1,729 |
| Net income 1 | -1,226 | -669.6 | 111.5 | -2,350 | -1,356 | -1,729 |
| Net margin | -24.47% | -14.74% | 1.95% | -150.52% | -83.94% | -361.47% |
| EPS 2 | -2.670 | -1.459 | 0.2426 | -5.113 | -2.951 | -3.763 |
| Free Cash Flow 1 | 377.7 | -139 | 412 | -2,281 | 109.7 | 2,457 |
| FCF margin | 7.54% | -3.06% | 7.22% | -146.12% | 6.79% | 513.61% |
| FCF Conversion (EBITDA) | - | - | 53.35% | - | - | - |
| FCF Conversion (Net income) | - | - | 369.63% | - | - | - |
| Dividend per Share | - | - | 0.0200 | - | - | - |
| Announcement Date | 29/03/19 | 31/03/20 | 31/03/21 | 31/03/22 | 31/03/23 | 01/04/24 |
1TWD in Million2TWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 3,502 | 3,344 | 3,159 | 3,821 | 3,858 | 3,279 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | -11.42 x | 15.35 x | 4.09 x | -2.852 x | -12.41 x | -4.522 x |
| Free Cash Flow 1 | 378 | -139 | 412 | -2,281 | 110 | 2,457 |
| ROE (net income / shareholders' equity) | -14.4% | -8.61% | 1.83% | -36.6% | -29.2% | -31% |
| ROA (Net income/ Total Assets) | -3.85% | -1.74% | 1.19% | -8.84% | -4.22% | -5.66% |
| Assets 1 | 31,857 | 38,578 | 9,332 | 26,598 | 32,140 | 30,568 |
| Book Value Per Share 2 | 17.50 | 15.90 | 16.40 | 11.50 | 8.660 | 15.60 |
| Cash Flow per Share 2 | 2.460 | 2.870 | 3.660 | 2.790 | 2.470 | 1.420 |
| Capex 1 | 359 | 245 | 283 | 369 | 25.1 | 130 |
| Capex / Sales | 7.18% | 5.39% | 4.96% | 23.66% | 1.56% | 27.14% |
| Announcement Date | 29/03/19 | 31/03/20 | 31/03/21 | 31/03/22 | 31/03/23 | 01/04/24 |
1TWD in Million2TWD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +6.60% | 294M | |
| -0.34% | 6.55B | |
| +3.80% | 6B | |
| +18.93% | 5.36B | |
| +14.77% | 4.53B | |
| -2.64% | 4.03B | |
| +7.76% | 3.71B | |
| +23.45% | 3.69B | |
| +42.39% | 3.17B | |
| +17.49% | 1.88B |
- Stock Market
- Equities
- 2102 Stock
- Financials Federal Corporation
