Financials Axcen Photonics Corporation

Equities

6530

TW0006530009

Communications & Networking

End-of-day quote Taipei Exchange 18:00:00 2024-06-30 EDT 5-day change 1st Jan Change
49.65 TWD -1.88% Intraday chart for Axcen Photonics Corporation -7.37% +13.62%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 536.6 680.1 648 830.2 756 1,475
Enterprise Value (EV) 1 136.5 286.2 254 431.7 359.4 1,081
P/E ratio 23 x 26.9 x 25.3 x 22.8 x 14.3 x 35.2 x
Yield 6.29% 4.96% 5.21% 4.47% 6.7% 2.75%
Capitalization / Revenue 1.9 x 2.71 x 2.6 x 3.06 x 2.76 x 5.86 x
EV / Revenue 0.48 x 1.14 x 1.02 x 1.59 x 1.31 x 4.29 x
EV / EBITDA 4.98 x 9.53 x 7.37 x 8.95 x 5.73 x 20.9 x
EV / FCF 63.6 x 9.54 x 6.42 x 13.9 x 11.9 x 28.8 x
FCF Yield 1.57% 10.5% 15.6% 7.22% 8.4% 3.48%
Price to Book 1.16 x 1.5 x 1.45 x 1.85 x 1.62 x 3.22 x
Nbr of stocks (in thousands) 33,750 33,750 33,750 33,750 33,750 33,750
Reference price 2 15.90 20.15 19.20 24.60 22.40 43.70
Announcement Date 19-03-27 20-03-30 21-03-30 22-03-24 23-03-25 24-03-13
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 283 250.9 249.5 271.3 274.2 251.8
EBITDA 1 27.42 30.04 34.45 48.23 62.76 51.86
EBIT 1 26.07 28.43 32.91 46.16 60.74 48.33
Operating Margin 9.21% 11.33% 13.19% 17.01% 22.15% 19.19%
Earnings before Tax (EBT) 1 28.61 31.23 32.42 45.89 67.18 52.77
Net income 1 23.25 25.27 25.81 36.7 53.78 42.22
Net margin 8.21% 10.07% 10.35% 13.53% 19.61% 16.76%
EPS 2 0.6900 0.7488 0.7600 1.080 1.570 1.240
Free Cash Flow 1 2.148 29.99 39.57 31.17 30.17 37.6
FCF margin 0.76% 11.95% 15.86% 11.49% 11% 14.93%
FCF Conversion (EBITDA) 7.83% 99.84% 114.87% 64.62% 48.08% 72.5%
FCF Conversion (Net income) 9.24% 118.67% 153.33% 84.94% 56.11% 89.05%
Dividend per Share 2 1.000 1.000 1.000 1.100 1.500 1.200
Announcement Date 19-03-27 20-03-30 21-03-30 22-03-24 23-03-25 24-03-13
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 400 394 394 399 397 394
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 2.15 30 39.6 31.2 30.2 37.6
ROE (net income / shareholders' equity) 5.29% 5.51% 5.73% 8.2% 11.8% 9.14%
ROA (Net income/ Total Assets) 3.21% 3.47% 4.1% 5.67% 7.21% 5.73%
Assets 1 725.2 728.6 628.9 646.8 746.3 737.1
Book Value Per Share 2 13.70 13.50 13.20 13.30 13.80 13.60
Cash Flow per Share 2 7.670 6.800 6.530 9.630 8.730 10.20
Capex 1 1.11 4.38 1.59 0.6 15.7 1.41
Capex / Sales 0.39% 1.75% 0.64% 0.22% 5.73% 0.56%
Announcement Date 19-03-27 20-03-30 21-03-30 22-03-24 23-03-25 24-03-13
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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