Financials Microcosm Technology Co., Ltd.

Equities

3354

TW0003354007

Semiconductors

End-of-day quote Taipei Exchange 23:00:00 16/05/2024 BST 5-day change 1st Jan Change
23 TWD +2.00% Intraday chart for Microcosm Technology Co., Ltd. +4.55% +49.84%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,244 1,136 981.3 1,339 949.7 1,076
Enterprise Value (EV) 1 1,003 1,050 917.1 1,238 800.3 953.7
P/E ratio 16.4 x 32.4 x -18.9 x -25.8 x -44.8 x -12.9 x
Yield 2.79% 3.09% 2.14% 1.57% 1.48% 1.3%
Capitalization / Revenue 2.51 x 2.58 x 3.39 x 6.71 x 6.11 x 9.8 x
EV / Revenue 2.02 x 2.39 x 3.17 x 6.2 x 5.15 x 8.68 x
EV / EBITDA 11.3 x 12.9 x 181 x -32.7 x -14 x -10.6 x
EV / FCF -13.2 x -21.1 x 22.6 x 23.5 x -131 x -129 x
FCF Yield -7.57% -4.73% 4.42% 4.25% -0.76% -0.78%
Price to Book 1.04 x 0.95 x 0.89 x 1.3 x 0.95 x 1.2 x
Nbr of stocks (in thousands) 69,481 70,112 70,091 70,091 70,091 70,091
Reference price 2 17.90 16.20 14.00 19.10 13.55 15.35
Announcement Date 25/03/19 19/03/20 23/03/21 26/03/22 23/03/23 15/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 495.6 439.6 289.7 199.6 155.4 109.8
EBITDA 1 88.96 81.49 5.073 -37.9 -57.22 -90.12
EBIT 1 48.48 35.41 -40.91 -81.25 -99.08 -132.5
Operating Margin 9.78% 8.05% -14.12% -40.71% -63.74% -120.64%
Earnings before Tax (EBT) 1 96.85 42.7 -59.23 -58.99 -18.74 -94
Net income 1 75.95 35.23 -51.75 -51.53 -21.2 -83.7
Net margin 15.33% 8.01% -17.86% -25.82% -13.64% -76.2%
EPS 2 1.090 0.5000 -0.7400 -0.7400 -0.3024 -1.194
Free Cash Flow 1 -75.96 -49.72 40.55 52.66 -6.11 -7.421
FCF margin -15.33% -11.31% 14% 26.38% -3.93% -6.76%
FCF Conversion (EBITDA) - - 799.4% - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.5000 0.5000 0.3000 0.3000 0.2000 0.2000
Announcement Date 25/03/19 19/03/20 23/03/21 26/03/22 23/03/23 15/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 241 85.5 64.2 101 149 122
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -76 -49.7 40.6 52.7 -6.11 -7.42
ROE (net income / shareholders' equity) 6.48% 2.95% -4.51% -4.82% -2.09% -8.86%
ROA (Net income/ Total Assets) 1.93% 1.37% -1.6% -3.4% -4.49% -6.62%
Assets 1 3,926 2,570 3,229 1,514 472.5 1,265
Book Value Per Share 2 17.20 17.00 15.80 14.70 14.20 12.80
Cash Flow per Share 2 6.540 6.030 2.800 6.360 6.030 5.110
Capex 1 104 101 38.8 27.1 16.9 10.7
Capex / Sales 21% 22.87% 13.38% 13.6% 10.84% 9.71%
Announcement Date 25/03/19 19/03/20 23/03/21 26/03/22 23/03/23 15/03/24
1TWD in Million2TWD
Estimates
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