Financials AAEON Technology Inc.

Equities

6579

TW0006579006

Computer Hardware

End-of-day quote Taiwan S.E. 18:00:00 2024-05-14 EDT 5-day change 1st Jan Change
165.5 TWD +2.48% Intraday chart for AAEON Technology Inc. +4.75% +11.45%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 10,781 10,707 11,256 10,306 12,985 23,796
Enterprise Value (EV) 1 7,363 7,786 8,144 8,393 10,722 19,283
P/E ratio 10.7 x 14.1 x 21.3 x 16.6 x 8.83 x 17.8 x
Yield 5.65% 4.44% 3.96% 4.46% 5.35% 4.38%
Capitalization / Revenue 1.86 x 1.74 x 1.91 x 1.62 x 1.55 x 2.95 x
EV / Revenue 1.27 x 1.27 x 1.38 x 1.32 x 1.28 x 2.39 x
EV / EBITDA 13.8 x 9.95 x 11.9 x 13.7 x 8.52 x 17 x
EV / FCF 19.8 x 15.3 x 15.2 x -10.7 x 23.9 x 12.6 x
FCF Yield 5.04% 6.52% 6.56% -9.31% 4.18% 7.93%
Price to Book 1.37 x 1.37 x 1.44 x 1.31 x 1.5 x 2.38 x
Nbr of stocks (in thousands) 148,498 148,498 148,498 148,498 149,082 160,242
Reference price 2 72.60 72.10 75.80 69.40 87.10 148.5
Announcement Date 19-02-21 20-02-27 21-02-26 22-02-25 23-02-24 24-03-01
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,800 6,148 5,898 6,348 8,352 8,073
EBITDA 1 534.3 782.2 682.8 611 1,259 1,134
EBIT 1 464.1 720 620.6 548.6 1,194 1,006
Operating Margin 8% 11.71% 10.52% 8.64% 14.3% 12.47%
Earnings before Tax (EBT) 1 934.2 830.4 602.7 626 1,463 1,441
Net income 1 732.9 552.2 382.8 451 1,074 969.3
Net margin 12.63% 8.98% 6.49% 7.11% 12.86% 12.01%
EPS 2 6.810 5.130 3.560 4.190 9.860 8.320
Free Cash Flow 1 371.1 507.9 534.7 -781.6 448.4 1,529
FCF margin 6.4% 8.26% 9.06% -12.31% 5.37% 18.93%
FCF Conversion (EBITDA) 69.46% 64.94% 78.31% - 35.62% 134.83%
FCF Conversion (Net income) 50.64% 91.99% 139.67% - 41.74% 157.69%
Dividend per Share 2 4.100 3.200 3.000 3.098 4.658 6.500
Announcement Date 19-02-21 20-02-27 21-02-26 22-02-25 23-02-24 24-03-01
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 3,418 2,920 3,112 1,913 2,263 4,513
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 371 508 535 -782 448 1,529
ROE (net income / shareholders' equity) 12.7% 8.01% 5.56% 6.13% 13.3% 10.9%
ROA (Net income/ Total Assets) 3.73% 4.64% 4.03% 3.46% 6.9% 4.88%
Assets 1 19,647 11,911 9,502 13,017 15,563 19,865
Book Value Per Share 2 53.10 52.50 52.80 52.90 57.90 62.40
Cash Flow per Share 2 16.60 16.90 18.40 12.40 15.00 27.10
Capex 1 33.1 19.7 20.1 316 150 118
Capex / Sales 0.57% 0.32% 0.34% 4.98% 1.8% 1.46%
Announcement Date 19-02-21 20-02-27 21-02-26 22-02-25 23-02-24 24-03-01
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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