Financials AIC Inc.

Equities

3693

TW0003693008

Computer Hardware

End-of-day quote Taipei Exchange 18:00:00 2024-05-08 EDT 5-day change 1st Jan Change
322.5 TWD -1.53% Intraday chart for AIC Inc. +2.22% -26.87%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,230 1,507 1,928 2,306 4,388 16,974
Enterprise Value (EV) 1 935.6 1,318 1,886 2,459 4,764 16,605
P/E ratio -152 x 61.2 x 23.4 x 19.6 x 9.79 x 18.5 x
Yield - - 1.4% 2.5% 5.26% 2.27%
Capitalization / Revenue 0.43 x 0.4 x 0.64 x 0.67 x 0.8 x 1.93 x
EV / Revenue 0.33 x 0.35 x 0.63 x 0.71 x 0.87 x 1.89 x
EV / EBITDA 27.7 x 11.4 x 9.1 x 11.4 x 7.45 x 12.7 x
EV / FCF 39.1 x 34 x -12.6 x -11.4 x -20.8 x 19.1 x
FCF Yield 2.56% 2.94% -7.93% -8.8% -4.8% 5.24%
Price to Book 0.81 x 0.98 x 1.2 x 1.36 x 2.07 x 6.02 x
Nbr of stocks (in thousands) 38,491 38,491 38,491 38,491 38,491 38,491
Reference price 2 31.95 39.15 50.10 59.90 114.0 441.0
Announcement Date 19-03-28 20-03-30 21-03-25 22-03-29 23-03-29 24-03-22
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,868 3,767 2,992 3,456 5,506 8,792
EBITDA 1 33.76 115.6 207.2 214.8 639.5 1,306
EBIT 1 -42.25 33.48 142.6 146.5 569.9 1,241
Operating Margin -1.47% 0.89% 4.77% 4.24% 10.35% 14.12%
Earnings before Tax (EBT) 1 -20.59 26.19 105.6 154.1 622 1,248
Net income 1 -8.102 24.61 82.38 118.4 455.4 927.8
Net margin -0.28% 0.65% 2.75% 3.43% 8.27% 10.55%
EPS 2 -0.2105 0.6394 2.140 3.060 11.65 23.85
Free Cash Flow 1 23.92 38.76 -149.5 -216.4 -228.8 870.2
FCF margin 0.83% 1.03% -5% -6.26% -4.16% 9.9%
FCF Conversion (EBITDA) 70.84% 33.54% - - - 66.62%
FCF Conversion (Net income) - 157.49% - - - 93.79%
Dividend per Share - - 0.7000 1.500 6.000 10.00
Announcement Date 19-03-28 20-03-30 21-03-25 22-03-29 23-03-29 24-03-22
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 154 376 -
Net Cash position 1 294 189 42.5 - - 369
Leverage (Debt/EBITDA) - - - 0.7158 x 0.5881 x -
Free Cash Flow 1 23.9 38.8 -149 -216 -229 870
ROE (net income / shareholders' equity) -0.53% 1.61% 5.23% 7.17% 23.9% 37.5%
ROA (Net income/ Total Assets) -0.97% 0.77% 3.17% 3.02% 8.61% 12.9%
Assets 1 837.8 3,200 2,597 3,922 5,286 7,176
Book Value Per Share 2 39.60 39.90 41.80 44.00 55.20 73.20
Cash Flow per Share 2 17.30 17.60 14.30 6.970 15.60 42.20
Capex 1 57.1 35.1 157 64.5 45.8 755
Capex / Sales 1.99% 0.93% 5.24% 1.87% 0.83% 8.58%
Announcement Date 19-03-28 20-03-30 21-03-25 22-03-29 23-03-29 24-03-22
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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