Financials JMC Electronics Co., Ltd.

Equities

6552

TW0006552003

Semiconductors

End-of-day quote Taiwan S.E. 23:00:00 20/05/2024 BST 5-day change 1st Jan Change
48.35 TWD +1.15% Intraday chart for JMC Electronics Co., Ltd. -1.93% +32.10%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 10,900 8,070 4,540 4,690 2,490 3,038
Enterprise Value (EV) 1 10,998 8,530 5,048 5,548 3,453 3,787
P/E ratio 49.8 x 15.4 x 30.6 x 14.5 x 34.1 x 514 x
Yield 1.83% 2.48% 2.74% 3.54% 1.5% 0.82%
Capitalization / Revenue 5.64 x 2.67 x 1.72 x 1.56 x 1.18 x 1.72 x
EV / Revenue 5.7 x 2.83 x 1.91 x 1.85 x 1.63 x 2.15 x
EV / EBITDA 25.9 x 9.54 x 10.4 x 7.8 x 8.62 x 10.7 x
EV / FCF -25.3 x -43.1 x 70.3 x 22.5 x 9.19 x 19.3 x
FCF Yield -3.96% -2.32% 1.42% 4.43% 10.9% 5.18%
Price to Book 5.78 x 3.58 x 2 x 1.67 x 1.02 x 1.2 x
Nbr of stocks (in thousands) 83,000 83,000 83,000 83,000 83,000 83,000
Reference price 2 131.3 97.23 54.70 56.50 30.00 36.60
Announcement Date 13/03/19 20/03/20 24/03/21 17/03/22 17/03/23 14/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,931 3,017 2,647 3,003 2,113 1,765
EBITDA 1 424.9 894.4 487.7 710.9 400.6 355.2
EBIT 1 237.1 644 182.5 361 5.152 -101.7
Operating Margin 12.28% 21.35% 6.9% 12.02% 0.24% -5.76%
Earnings before Tax (EBT) 1 246.6 651.8 189.2 390.9 95.42 1.785
Net income 1 219.5 524.3 148.3 324.4 73.36 7.477
Net margin 11.37% 17.38% 5.6% 10.8% 3.47% 0.42%
EPS 2 2.639 6.301 1.787 3.900 0.8800 0.0713
Free Cash Flow 1 -435.1 -198.1 71.79 246 375.7 196.2
FCF margin -22.53% -6.56% 2.71% 8.19% 17.78% 11.11%
FCF Conversion (EBITDA) - - 14.72% 34.6% 93.79% 55.24%
FCF Conversion (Net income) - - 48.4% 75.84% 512.18% 2,624.31%
Dividend per Share 2 2.410 2.410 1.500 2.000 0.4500 0.3000
Announcement Date 13/03/19 20/03/20 24/03/21 17/03/22 17/03/23 14/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 98.4 460 508 858 963 750
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.2316 x 0.5142 x 1.042 x 1.207 x 2.404 x 2.111 x
Free Cash Flow 1 -435 -198 71.8 246 376 196
ROE (net income / shareholders' equity) 12.2% 25.3% 6.56% 12.8% 2.8% 0.3%
ROA (Net income/ Total Assets) 6.16% 12.2% 2.83% 4.93% 0.07% -1.42%
Assets 1 3,564 4,307 5,242 6,580 109,653 -527.8
Book Value Per Share 2 22.70 27.20 27.30 33.80 29.30 30.50
Cash Flow per Share 2 2.410 3.720 3.450 8.020 10.40 7.250
Capex 1 651 874 518 251 137 92
Capex / Sales 33.72% 28.97% 19.56% 8.37% 6.47% 5.21%
Announcement Date 13/03/19 20/03/20 24/03/21 17/03/22 17/03/23 14/03/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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