Financials Quanta Computer Inc.

Equities

2382

TW0002382009

Computer Hardware

End-of-day quote Taiwan S.E. 23:00:00 02/05/2024 BST 5-day change 1st Jan Change
256.5 TWD -1.72% Intraday chart for Quanta Computer Inc. -0.39% +14.25%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 247,846 311,831 365,023 278,682 865,339 988,684 - -
Enterprise Value (EV) 1 265,464 269,362 392,028 318,232 847,353 1,051,792 1,038,970 988,684
P/E ratio 15.6 x 12.4 x 11 x 9.63 x 21.8 x 20 x 15.6 x -
Yield 5.75% 6.43% 6.97% 8.3% 4.01% 3.95% 4.89% 5.72%
Capitalization / Revenue 0.24 x 0.29 x 0.32 x 0.22 x 0.8 x 0.65 x 0.5 x 0.45 x
EV / Revenue 0.26 x 0.25 x 0.35 x 0.25 x 0.78 x 0.7 x 0.52 x 0.45 x
EV / EBITDA 9.34 x 6.64 x 8.6 x 7.71 x 15.4 x 14.8 x 11.6 x 9.81 x
EV / FCF 8.63 x 3.91 x -11.1 x -58.1 x 7.34 x 129 x 75.7 x -
FCF Yield 11.6% 25.6% -9.01% -1.72% 13.6% 0.77% 1.32% -
Price to Book 1.83 x 2.18 x 2.27 x 1.65 x 4.65 x 5.01 x 4.46 x 4.13 x
Nbr of stocks (in thousands) 3,854,518 3,854,518 3,854,518 3,854,518 3,854,518 3,854,518 - -
Reference price 2 64.30 80.90 94.70 72.30 224.5 256.5 256.5 256.5
Announcement Date 29/03/20 29/03/21 16/03/22 16/03/23 15/03/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,029,611 1,090,859 1,129,453 1,280,429 1,085,611 1,511,552 1,983,768 2,208,595
EBITDA 1 28,409 40,566 45,602 41,292 54,986 71,179 89,279 100,785
EBIT 1 18,991 32,451 37,277 31,189 43,550 60,720 79,086 100,104
Operating Margin 1.84% 2.97% 3.3% 2.44% 4.01% 4.02% 3.99% 4.53%
Earnings before Tax (EBT) 1 20,552 34,432 43,436 40,781 51,731 68,140 82,367 -
Net income 1 15,943 25,328 33,653 28,957 39,676 48,533 62,098 -
Net margin 1.55% 2.32% 2.98% 2.26% 3.65% 3.21% 3.13% -
EPS 2 4.110 6.510 8.640 7.510 10.29 12.84 16.48 -
Free Cash Flow 1 30,773 68,854 -35,331 -5,477 115,501 8,131 13,725 -
FCF margin 2.99% 6.31% -3.13% -0.43% 10.64% 0.54% 0.69% -
FCF Conversion (EBITDA) 108.32% 169.73% - - 210.05% 11.42% 15.37% -
FCF Conversion (Net income) 193.02% 271.85% - - 291.11% 16.75% 22.1% -
Dividend per Share 2 3.700 5.200 6.600 6.000 9.000 10.13 12.55 14.67
Announcement Date 29/03/20 29/03/21 16/03/22 16/03/23 15/03/24 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 261,589 338,634 301,781 270,467 382,075 326,105 266,181 245,029 286,505 287,896 259,302 318,763 435,276 490,517 414,412
EBITDA 1 11,454 12,521 9,589 5,996 12,964 12,742 10,639 14,105 15,482 14,761 13,266 14,435 19,599 24,551 -
EBIT 1 9,377 10,324 7,378 3,577 10,293 9,940 7,858 11,287 12,597 11,807 10,056 12,742 17,557 20,279 15,794
Operating Margin 3.58% 3.05% 2.44% 1.32% 2.69% 3.05% 2.95% 4.61% 4.4% 4.1% 3.88% 4% 4.03% 4.13% 3.81%
Earnings before Tax (EBT) 1 11,299 12,545 9,279 5,817 13,427 12,257 8,940 14,419 15,693 12,679 11,886 15,279 20,242 23,370 18,023
Net income 1 9,372 9,282 6,754 3,963 9,254 8,986 6,474 10,125 12,800 10,278 8,738 10,737 14,644 16,754 12,696
Net margin 3.58% 2.74% 2.24% 1.47% 2.42% 2.76% 2.43% 4.13% 4.47% 3.57% 3.37% 3.37% 3.36% 3.42% 3.06%
EPS 2 2.430 2.380 1.740 1.020 2.400 2.330 1.660 2.630 3.320 2.660 2.251 2.765 3.744 4.221 3.281
Dividend per Share 2 - - - - - - - - - - - - 9.000 - -
Announcement Date 12/11/21 16/03/22 13/05/22 12/08/22 11/11/22 16/03/23 11/05/23 11/08/23 10/11/23 15/03/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 17,619 - 27,005 39,551 - 63,108 50,286 -
Net Cash position 1 - 42,468 - - 17,986 - - -
Leverage (Debt/EBITDA) 0.6202 x - 0.5922 x 0.9578 x - 0.8866 x 0.5632 x -
Free Cash Flow 1 30,773 68,854 -35,331 -5,477 115,501 8,131 13,725 -
ROE (net income / shareholders' equity) 11.8% 18.1% 22% 17.5% 22.3% 24.9% 28.4% 27.3%
ROA (Net income/ Total Assets) 2.5% 3.96% 4.87% 3.78% 5.3% 5.87% 6.7% -
Assets 1 637,046 639,243 690,719 766,862 748,611 826,506 926,802 -
Book Value Per Share 2 35.20 37.10 41.80 43.90 48.30 51.20 57.50 62.10
Cash Flow per Share 2 9.720 20.00 -6.110 2.920 32.10 7.120 7.300 -
Capex 1 6,961 9,151 11,538 16,892 8,832 11,866 11,700 -
Capex / Sales 0.68% 0.84% 1.02% 1.32% 0.81% 0.79% 0.59% -
Announcement Date 29/03/20 29/03/21 16/03/22 16/03/23 15/03/24 - - -
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
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
256.5 TWD
Average target price
308.8 TWD
Spread / Average Target
+20.40%
Consensus
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  4. Financials Quanta Computer Inc.