Financials Jetwell Computer Co., Ltd.

Equities

3147

TW0003147005

Integrated Hardware & Software

End-of-day quote Taipei Exchange 23:00:00 16/05/2024 BST 5-day change 1st Jan Change
130.5 TWD -1.51% Intraday chart for Jetwell Computer Co., Ltd. -4.04% +40.32%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 727.7 1,382 1,020 1,970 2,021 3,628
Enterprise Value (EV) 1 809.2 1,559 1,517 2,048 2,405 4,049
P/E ratio 7.43 x 12.1 x 8.98 x 10.2 x 7.54 x 12.6 x
Yield 7.94% 5.17% 7% 7.92% 8.69% 5.38%
Capitalization / Revenue 0.25 x 0.43 x 0.4 x 0.42 x 0.58 x 0.91 x
EV / Revenue 0.28 x 0.49 x 0.59 x 0.44 x 0.69 x 1.02 x
EV / EBITDA 7.52 x 10.3 x 11.3 x 8.2 x 9.01 x 12.1 x
EV / FCF -3.91 x 58.9 x -12.9 x 7.95 x -10.5 x 43.2 x
FCF Yield -25.6% 1.7% -7.78% 12.6% -9.52% 2.32%
Price to Book 1.19 x 2.07 x 1.45 x 1.88 x 1.74 x 2.85 x
Nbr of stocks (in thousands) 34,006 34,006 34,006 39,006 39,006 39,006
Reference price 2 21.40 40.65 30.00 50.50 51.80 93.00
Announcement Date 28/03/19 30/03/20 30/03/21 29/03/22 23/03/23 27/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,902 3,185 2,581 4,661 3,466 3,989
EBITDA 1 107.6 152.1 134.5 249.6 266.9 335.5
EBIT 1 105.3 148.5 130.8 245.3 262.5 329.2
Operating Margin 3.63% 4.66% 5.07% 5.26% 7.57% 8.25%
Earnings before Tax (EBT) 1 118.1 140.7 137.4 224 337.7 363
Net income 1 93.66 114.4 113.8 176.4 268.2 287.8
Net margin 3.23% 3.59% 4.41% 3.78% 7.74% 7.21%
EPS 2 2.880 3.360 3.340 4.930 6.870 7.370
Free Cash Flow 1 -207 26.47 -118 257.6 -229 93.8
FCF margin -7.13% 0.83% -4.57% 5.53% -6.61% 2.35%
FCF Conversion (EBITDA) - 17.41% - 103.22% - 27.96%
FCF Conversion (Net income) - 23.14% - 146.1% - 32.6%
Dividend per Share 2 1.700 2.100 2.100 4.000 4.500 5.000
Announcement Date 28/03/19 30/03/20 30/03/21 29/03/22 23/03/23 27/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 81.5 177 497 78 384 421
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.7576 x 1.164 x 3.692 x 0.3126 x 1.439 x 1.256 x
Free Cash Flow 1 -207 26.5 -118 258 -229 93.8
ROE (net income / shareholders' equity) 17.2% 17.9% 16.6% 20.1% 24.3% 23.6%
ROA (Net income/ Total Assets) 5.54% 6.66% 4.67% 7.34% 7.25% 7.61%
Assets 1 1,691 1,719 2,438 2,402 3,697 3,784
Book Value Per Share 2 18.00 19.60 20.70 26.90 29.80 32.70
Cash Flow per Share 2 1.250 1.270 1.620 0.6400 1.580 7.310
Capex 1 4.14 22.4 34.5 1.01 64.7 19
Capex / Sales 0.14% 0.7% 1.34% 0.02% 1.87% 0.48%
Announcement Date 28/03/19 30/03/20 30/03/21 29/03/22 23/03/23 27/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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