Financials King Slide Works Co., Ltd.

Equities

2059

TW0002059003

Computer Hardware

End-of-day quote Taiwan S.E. 23:00:00 26/06/2024 BST 5-day change 1st Jan Change
1,240 TWD -1.20% Intraday chart for King Slide Works Co., Ltd. +2.48% +35.67%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 34,498 28,303 49,269 36,594 87,102 118,168 - -
Enterprise Value (EV) 1 26,384 19,253 40,939 24,790 75,366 103,908 101,655 99,398
P/E ratio 22.2 x 24.5 x 24 x 9.18 x 32.6 x 24 x 22.9 x 22.3 x
Yield 2.21% 2.05% 2.1% 5.21% 1.55% 1.83% 2.19% 2.48%
Capitalization / Revenue 7.09 x 5.89 x 7.77 x 4.69 x 15.1 x 12.8 x 10.6 x 9.51 x
EV / Revenue 5.42 x 4.01 x 6.46 x 3.18 x 13.1 x 11.2 x 9.09 x 8 x
EV / EBITDA 12 x 8.92 x 14 x 6.23 x 23.9 x 19.6 x 15.8 x 13.7 x
EV / FCF 15.7 x 15.7 x 54.5 x 7.96 x 26 x 28.2 x 24.5 x -
FCF Yield 6.38% 6.36% 1.83% 12.6% 3.85% 3.55% 4.08% -
Price to Book 3.22 x 2.55 x 3.91 x 2.34 x 5.3 x 6.14 x 5.32 x 4.81 x
Nbr of stocks (in thousands) 95,297 95,297 95,297 95,297 95,297 95,297 - -
Reference price 2 362.0 297.0 517.0 384.0 914.0 1,240 1,240 1,240
Announcement Date 25/02/20 25/02/21 25/02/22 24/02/23 22/02/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,869 4,801 6,342 7,799 5,763 9,263 11,182 12,430
EBITDA 1 2,192 2,158 2,934 3,977 3,157 5,314 6,414 7,263
EBIT 1 2,015 1,962 2,720 3,753 2,888 5,112 6,191 6,989
Operating Margin 41.39% 40.85% 42.88% 48.12% 50.12% 55.18% 55.37% 56.23%
Earnings before Tax (EBT) 1 2,025 1,542 2,596 5,073 3,426 6,340 6,644 6,810
Net income 1 1,558 1,165 2,073 4,056 2,704 4,930 5,150 5,298
Net margin 32% 24.26% 32.68% 52.01% 46.93% 53.23% 46.05% 42.62%
EPS 2 16.32 12.14 21.55 41.84 28.02 51.74 54.04 55.60
Free Cash Flow 1 1,684 1,224 750.6 3,114 2,903 3,688 4,146 -
FCF margin 34.59% 25.5% 11.83% 39.93% 50.37% 39.81% 37.08% -
FCF Conversion (EBITDA) 76.85% 56.74% 25.58% 78.3% 91.94% 69.39% 64.64% -
FCF Conversion (Net income) 108.08% 105.11% 36.22% 76.78% 107.34% 74.79% 80.51% -
Dividend per Share 2 8.000 6.100 10.88 20.00 14.19 22.71 27.19 30.71
Announcement Date 25/02/20 25/02/21 25/02/22 24/02/23 22/02/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,817 1,724 1,937 1,988 1,161 1,314 1,423 1,865 1,938 2,331 2,492 2,682 2,543 2,769
EBITDA 1 854 824.6 1,000 1,059 597.1 674.9 743.6 1,142 1,089 1,269 1,358 1,510 - -
EBIT 1 799 769.3 945.2 1,001 540.1 606.8 673.6 1,068 1,011 1,273 1,415 1,541 1,440 1,532
Operating Margin 43.97% 44.64% 48.81% 50.37% 46.51% 46.18% 47.33% 57.26% 52.18% 54.61% 56.77% 57.44% 56.65% 55.31%
Earnings before Tax (EBT) 1 776.8 1,138 1,343 731.4 570.9 1,004 1,217 633.9 1,733 1,482 1,510 1,615 1,514 1,631
Net income 1 623.7 909.8 999.1 664.9 457.7 714.7 982 550 1,387 1,078 1,188 1,277 1,196 1,228
Net margin 34.33% 52.79% 51.59% 33.44% 39.41% 54.39% 69.01% 29.49% 71.57% 46.24% 47.69% 47.61% 47.02% 44.35%
EPS 2 6.460 9.460 10.42 6.780 4.800 7.470 10.26 5.680 14.55 11.31 12.47 13.40 12.54 12.88
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 25/02/22 06/05/22 05/08/22 24/02/23 08/05/23 04/08/23 06/11/23 22/02/24 07/05/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 8,114 9,050 8,329 11,804 11,736 14,261 16,514 18,770
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,684 1,224 751 3,114 2,903 3,688 4,146 -
ROE (net income / shareholders' equity) 15% 10.7% 17.5% 28.7% 16.9% 25.6% 23.5% 21.3%
ROA (Net income/ Total Assets) 13% 8.93% 14.4% 23.4% 13.6% 20.4% 19.3% -
Assets 1 11,960 13,045 14,404 17,335 19,909 24,208 26,627 -
Book Value Per Share 2 112.0 117.0 132.0 164.0 172.0 202.0 233.0 258.0
Cash Flow per Share 2 19.00 16.70 15.90 41.10 34.40 49.80 51.10 54.20
Capex 1 127 369 768 824 375 670 625 -
Capex / Sales 2.61% 7.68% 12.1% 10.57% 6.51% 7.23% 5.59% -
Announcement Date 25/02/20 25/02/21 25/02/22 24/02/23 22/02/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
1,240 TWD
Average target price
1,561 TWD
Spread / Average Target
+25.89%
Consensus
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