Financials United Radiant Technology Corporation

Equities

5315

TW0005315006

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 23:00:00 14/05/2024 BST 5-day change 1st Jan Change
18.35 TWD 0.00% Intraday chart for United Radiant Technology Corporation 0.00% +1.10%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,741 1,818 1,679 2,015 1,920 1,930
Enterprise Value (EV) 1 731.6 766.7 685.8 939.5 858.7 880.6
P/E ratio 8.34 x 19.8 x 18.4 x 11 x 7.71 x 21.6 x
Yield 8.9% 4.65% 5.2% 6.86% 9.97% 4.41%
Capitalization / Revenue 0.96 x 0.97 x 0.94 x 0.97 x 0.99 x 1.24 x
EV / Revenue 0.4 x 0.41 x 0.38 x 0.45 x 0.44 x 0.57 x
EV / EBITDA 4.42 x 6.4 x 5.74 x 5.66 x 3.42 x 7.63 x
EV / FCF 43.6 x 4.89 x -48.1 x 18.1 x 6.59 x 9.08 x
FCF Yield 2.29% 20.4% -2.08% 5.54% 15.2% 11%
Price to Book 1.3 x 1.38 x 1.27 x 1.28 x 1.2 x 1.24 x
Nbr of stocks (in thousands) 103,352 105,702 102,702 106,352 106,352 106,352
Reference price 2 16.85 17.20 16.35 18.95 18.05 18.15
Announcement Date 27/03/19 11/03/20 24/03/21 04/03/22 14/03/23 13/03/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,820 1,875 1,792 2,070 1,949 1,558
EBITDA 1 165.7 119.8 119.4 165.9 251.2 115.4
EBIT 1 132.7 76.85 94.38 146.6 230.1 92.96
Operating Margin 7.29% 4.1% 5.27% 7.08% 11.81% 5.97%
Earnings before Tax (EBT) 1 210.7 92.34 97.22 169 317.7 112.5
Net income 1 210.7 92.02 92.72 183.1 253.1 90.22
Net margin 11.58% 4.91% 5.18% 8.85% 12.99% 5.79%
EPS 2 2.020 0.8700 0.8900 1.730 2.340 0.8400
Free Cash Flow 1 16.78 156.7 -14.25 52.04 130.2 97.01
FCF margin 0.92% 8.35% -0.8% 2.51% 6.68% 6.23%
FCF Conversion (EBITDA) 10.13% 130.76% - 31.38% 51.84% 84.05%
FCF Conversion (Net income) 7.96% 170.27% - 28.42% 51.45% 107.52%
Dividend per Share 2 1.500 0.8000 0.8500 1.300 1.800 0.8000
Announcement Date 27/03/19 11/03/20 24/03/21 04/03/22 14/03/23 13/03/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,010 1,051 993 1,076 1,061 1,050
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 16.8 157 -14.2 52 130 97
ROE (net income / shareholders' equity) 16.3% 6.93% 7.02% 12.6% 15.9% 5.72%
ROA (Net income/ Total Assets) 4.35% 2.63% 3.17% 4.55% 6.96% 2.96%
Assets 1 4,850 3,498 2,926 4,027 3,639 3,047
Book Value Per Share 2 12.90 12.50 12.90 14.90 15.00 14.60
Cash Flow per Share 2 9.770 10.00 8.770 6.350 6.790 6.330
Capex 1 35.5 28.3 42 24.1 25.5 23.1
Capex / Sales 1.95% 1.51% 2.35% 1.17% 1.31% 1.49%
Announcement Date 27/03/19 11/03/20 24/03/21 04/03/22 14/03/23 13/03/24
1TWD in Million2TWD
Estimates
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