Financials Acon Optics Communications Inc.

Equities

6820

TW0006820004

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 18:00:00 2024-05-15 EDT 5-day change 1st Jan Change
28.65 TWD +1.96% Intraday chart for Acon Optics Communications Inc. +2.32% +12.57%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 500.5 545.4 543.6
Enterprise Value (EV) 1 588.1 498.1 506.3
P/E ratio 29.2 x 10.7 x 39.8 x
Yield 2.64% 6.01% 1.96%
Capitalization / Revenue 0.66 x 0.72 x 0.9 x
EV / Revenue 0.78 x 0.66 x 0.84 x
EV / EBITDA 10.4 x 5.6 x 8.61 x
EV / FCF 16.4 x 2.85 x 13.7 x
FCF Yield 6.1% 35.1% 7.32%
Price to Book 1.66 x 1.63 x 1.77 x
Nbr of stocks (in thousands) 22,000 21,860 21,360
Reference price 2 22.75 24.95 25.45
Announcement Date 3/30/22 4/7/23 4/2/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 932.4 843.8 714.5 755.4 758.4 600.8
EBITDA 1 51.88 63.61 83.28 56.52 88.91 58.78
EBIT 1 23.42 27.44 43.42 14.82 41.57 9.798
Operating Margin 2.51% 3.25% 6.08% 1.96% 5.48% 1.63%
Earnings before Tax (EBT) 1 34.31 20.07 40.26 12.22 57.7 14.52
Net income 1 19.48 12.8 23 17.34 51.9 14.07
Net margin 2.09% 1.52% 3.22% 2.3% 6.84% 2.34%
EPS 2 1.060 0.6398 1.130 0.7800 2.340 0.6400
Free Cash Flow 1 157 -56.85 -25.36 35.85 174.7 37.06
FCF margin 16.83% -6.74% -3.55% 4.75% 23.04% 6.17%
FCF Conversion (EBITDA) 302.52% - - 63.43% 196.53% 63.05%
FCF Conversion (Net income) 805.85% - - 206.7% 336.69% 263.48%
Dividend per Share 2 0.7000 - 0.5000 0.6000 1.500 0.5000
Announcement Date 11/12/20 2/24/21 2/24/21 3/30/22 4/7/23 4/2/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 134 114 87.6 - -
Net Cash position 1 15.1 - - - 47.3 37.3
Leverage (Debt/EBITDA) - 2.103 x 1.368 x 1.55 x - -
Free Cash Flow 1 157 -56.9 -25.4 35.9 175 37.1
ROE (net income / shareholders' equity) 7.41% 5.98% 9.07% 5.83% 16.6% 4.43%
ROA (Net income/ Total Assets) 2.1% 2.19% 3.69% 1.32% 3.79% 0.97%
Assets 1 929 583.9 622.8 1,309 1,369 1,451
Book Value Per Share 2 10.90 10.50 13.50 13.70 15.30 14.30
Cash Flow per Share 2 0.7600 1.550 1.770 2.250 5.630 8.000
Capex 1 58.8 53.7 36.9 50.1 43.2 22.9
Capex / Sales 6.31% 6.37% 5.16% 6.63% 5.7% 3.82%
Announcement Date 11/12/20 2/24/21 2/24/21 3/30/22 4/7/23 4/2/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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