Financials Partner Tech Corp.

Equities

3097

TW0003097002

Computer Hardware

End-of-day quote Taipei Exchange 23:00:00 23/05/2024 BST 5-day change 1st Jan Change
28.1 TWD +1.81% Intraday chart for Partner Tech Corp. +3.69% +2.37%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,610 1,667 1,190 1,952 1,536 2,061
Enterprise Value (EV) 1 1,866 1,936 1,362 1,832 1,478 1,885
P/E ratio 53.6 x 278 x 231 x 20.8 x 11.4 x 19.1 x
Yield - 1.8% - 2.31% 4.89% 3.64%
Capitalization / Revenue 0.7 x 0.53 x 0.43 x 0.72 x 0.56 x 0.76 x
EV / Revenue 0.81 x 0.62 x 0.49 x 0.68 x 0.54 x 0.69 x
EV / EBITDA -29.4 x 27 x 11.4 x 7.47 x 5.66 x 7.81 x
EV / FCF -7.61 x 12.5 x 11.9 x 16.9 x 284 x 9.28 x
FCF Yield -13.1% 8.01% 8.39% 5.91% 0.35% 10.8%
Price to Book 1.67 x 1.74 x 1.31 x 1.94 x 1.36 x 1.78 x
Nbr of stocks (in thousands) 75,086 75,086 75,086 75,086 75,086 75,086
Reference price 2 21.44 22.20 15.85 26.00 20.45 27.45
Announcement Date 26/04/19 27/03/20 29/04/21 28/04/22 02/05/23 29/04/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,314 3,140 2,756 2,702 2,736 2,717
EBITDA 1 -63.56 71.75 119.2 245 260.9 241.2
EBIT 1 -115.6 13.51 60.57 186.3 198.8 180.2
Operating Margin -5% 0.43% 2.2% 6.89% 7.27% 6.63%
Earnings before Tax (EBT) 1 -18.1 -2.388 28.99 177.9 204.4 154.4
Net income 1 30.14 5.987 5.141 94.32 135.8 108.5
Net margin 1.3% 0.19% 0.19% 3.49% 4.96% 3.99%
EPS 2 0.4000 0.0797 0.0685 1.250 1.790 1.440
Free Cash Flow 1 -245 155 114.3 108.2 5.202 203.1
FCF margin -10.59% 4.94% 4.15% 4% 0.19% 7.47%
FCF Conversion (EBITDA) - 216.08% 95.87% 44.15% 1.99% 84.18%
FCF Conversion (Net income) - 2,589.72% 2,223.27% 114.7% 3.83% 187.16%
Dividend per Share - 0.4000 - 0.6000 1.000 1.000
Announcement Date 26/04/19 27/03/20 29/04/21 28/04/22 02/05/23 29/04/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 256 269 172 - - -
Net Cash position 1 - - - 121 57.5 176
Leverage (Debt/EBITDA) -4.028 x 3.753 x 1.441 x - - -
Free Cash Flow 1 -245 155 114 108 5.2 203
ROE (net income / shareholders' equity) 0.86% -0.3% 3.51% 13.2% 12.6% 9.08%
ROA (Net income/ Total Assets) -3.54% 0.38% 1.83% 6.14% 5.84% 5.22%
Assets 1 -850.7 1,563 281 1,537 2,326 2,078
Book Value Per Share 2 12.90 12.80 12.10 13.40 15.00 15.40
Cash Flow per Share 2 5.100 3.250 4.240 6.020 5.720 6.170
Capex 1 28.4 31.9 31.7 38.3 59.7 42.9
Capex / Sales 1.23% 1.02% 1.15% 1.42% 2.18% 1.58%
Announcement Date 26/04/19 27/03/20 29/04/21 28/04/22 02/05/23 29/04/24
1TWD in Million2TWD
Estimates
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