Financials Scan-D Corporation

Equities

6195

TW0006195001

Home Furnishings

End-of-day quote Taipei Exchange 23:00:00 14/05/2024 BST 5-day change 1st Jan Change
42.2 TWD 0.00% Intraday chart for Scan-D Corporation +0.48% +0.48%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,000 1,748 2,235 2,632 2,136 2,108
Enterprise Value (EV) 1 2,118 2,783 2,855 3,053 2,770 3,206
P/E ratio 12.7 x 16.9 x 10.6 x 9.86 x 9.96 x 20.5 x
Yield 6.92% 4.75% 8.13% 8.33% 7.99% 4.76%
Capitalization / Revenue 1.17 x 0.96 x 1.05 x 1.1 x 0.87 x 0.89 x
EV / Revenue 1.24 x 1.52 x 1.34 x 1.28 x 1.12 x 1.36 x
EV / EBITDA 8.79 x 16.1 x 9.24 x 9.02 x 9.46 x 18 x
EV / FCF 29.2 x 6.95 x 5.22 x 8.87 x 9.45 x 6.42 x
FCF Yield 3.43% 14.4% 19.1% 11.3% 10.6% 15.6%
Price to Book 1.92 x 1.74 x 1.94 x 1.94 x 1.54 x 1.59 x
Nbr of stocks (in thousands) 46,133 46,133 46,133 49,853 50,193 50,193
Reference price 2 43.35 37.90 48.45 52.80 42.55 42.00
Announcement Date 25/03/19 27/03/20 26/03/21 31/03/22 31/03/23 14/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,704 1,829 2,131 2,390 2,466 2,356
EBITDA 1 240.9 172.5 309 338.7 293 177.8
EBIT 1 202.1 116.8 252.8 287.6 255.1 143.8
Operating Margin 11.86% 6.38% 11.86% 12.03% 10.34% 6.1%
Earnings before Tax (EBT) 1 211.8 139.1 293 344.2 276.1 133.3
Net income 1 167.6 103.6 225 270.1 215.8 103.2
Net margin 9.84% 5.66% 10.56% 11.3% 8.75% 4.38%
EPS 2 3.425 2.240 4.550 5.358 4.270 2.050
Free Cash Flow 1 72.66 400.2 546.7 344.3 293.3 499.4
FCF margin 4.27% 21.89% 25.65% 14.41% 11.89% 21.2%
FCF Conversion (EBITDA) 30.16% 232.05% 176.93% 101.65% 100.11% 280.94%
FCF Conversion (Net income) 43.36% 386.42% 242.95% 127.48% 135.87% 483.69%
Dividend per Share 2 3.000 1.800 3.938 4.400 3.400 2.000
Announcement Date 25/03/19 27/03/20 26/03/21 31/03/22 31/03/23 14/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 119 1,035 620 421 634 1,098
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.492 x 5.998 x 2.007 x 1.243 x 2.166 x 6.178 x
Free Cash Flow 1 72.7 400 547 344 293 499
ROE (net income / shareholders' equity) 16.6% 10.1% 20.7% 21.3% 15.7% 7.61%
ROA (Net income/ Total Assets) 8.07% 3.43% 5.61% 6.07% 5.28% 2.75%
Assets 1 2,077 3,018 4,013 4,446 4,089 3,754
Book Value Per Share 2 22.60 21.80 25.00 27.20 27.60 26.40
Cash Flow per Share 2 1.740 4.800 8.950 7.590 7.780 7.120
Capex 1 55.2 36.5 120 23.1 17.2 20.4
Capex / Sales 3.24% 2% 5.62% 0.97% 0.7% 0.86%
Announcement Date 25/03/19 27/03/20 26/03/21 31/03/22 31/03/23 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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