Financials Uniflex Technology Inc.

Equities

3321

TW0003321006

Semiconductors

End-of-day quote Taiwan S.E. 23:00:00 29/04/2024 BST 5-day change 1st Jan Change
17.8 TWD +2.89% Intraday chart for Uniflex Technology Inc. +4.40% +21.09%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 919.2 1,496 1,935 2,217 1,421 987.2
Enterprise Value (EV) 1 2,340 2,564 2,530 2,815 1,890 1,317
P/E ratio -2.73 x -3.8 x -7.14 x -26.1 x -5.32 x -3.64 x
Yield - - - - - -
Capitalization / Revenue 0.38 x 0.66 x 1.04 x 0.99 x 0.85 x 0.64 x
EV / Revenue 0.97 x 1.12 x 1.36 x 1.26 x 1.13 x 0.85 x
EV / EBITDA -46.5 x -181 x 31.8 x 14.7 x -26.2 x -8.42 x
EV / FCF -40.7 x 27.9 x 13.3 x 190 x 14.3 x -9.22 x
FCF Yield -2.46% 3.59% 7.54% 0.53% 6.99% -10.9%
Price to Book 1.42 x 2.35 x 2.55 x 2.6 x 2.39 x 2.19 x
Nbr of stocks (in thousands) 29,838 40,095 54,225 67,160 67,160 67,160
Reference price 2 30.81 37.32 35.69 33.01 21.16 14.70
Announcement Date 29/03/19 30/03/20 23/02/21 21/02/22 20/02/23 23/02/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,413 2,280 1,859 2,242 1,670 1,541
EBITDA 1 -50.36 -14.13 79.52 192.1 -72.03 -156.4
EBIT 1 -382.1 -347 -221.4 -54.52 -274.3 -284.5
Operating Margin -15.83% -15.22% -11.91% -2.43% -16.43% -18.46%
Earnings before Tax (EBT) 1 -352.2 -398.5 -262.3 -79.46 -265.8 -262.9
Net income 1 -338.2 -393.3 -272.8 -84.91 -266.5 -271
Net margin -14.01% -17.25% -14.68% -3.79% -15.96% -17.58%
EPS 2 -11.27 -9.819 -4.999 -1.264 -3.976 -4.035
Free Cash Flow 1 -57.45 92.01 190.9 14.78 132.1 -142.9
FCF margin -2.38% 4.04% 10.27% 0.66% 7.91% -9.27%
FCF Conversion (EBITDA) - - 240.03% 7.7% - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 29/03/19 30/03/20 23/02/21 21/02/22 20/02/23 23/02/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,420 1,068 595 598 469 329
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -28.21 x -75.57 x 7.481 x 3.115 x -6.51 x -2.106 x
Free Cash Flow 1 -57.5 92 191 14.8 132 -143
ROE (net income / shareholders' equity) -37.3% -45.5% -30.3% -9.48% -36.9% -43.5%
ROA (Net income/ Total Assets) -6.75% -7.18% -5.44% -1.48% -8.56% -9.62%
Assets 1 5,006 5,481 5,019 5,724 3,113 2,818
Book Value Per Share 2 21.70 15.90 14.00 12.70 8.840 6.710
Cash Flow per Share 2 4.470 2.410 3.140 1.650 4.060 3.910
Capex 1 179 117 34.6 66.6 52.3 45.8
Capex / Sales 7.41% 5.13% 1.86% 2.97% 3.13% 2.97%
Announcement Date 29/03/19 30/03/20 23/02/21 21/02/22 20/02/23 23/02/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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