Financials Bizlink Holding Inc.

Equities

3665

KYG114741062

Electrical Components & Equipment

End-of-day quote Taiwan S.E. 18:00:00 2024-04-25 EDT 5-day change 1st Jan Change
232 TWD -0.64% Intraday chart for Bizlink Holding Inc. +2.43% -13.11%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 29,432 31,794 34,893 37,000 43,604 37,888 - -
Enterprise Value (EV) 1 26,938 29,874 33,361 45,740 48,957 42,439 41,187 37,888
P/E ratio 15.3 x 18.3 x 18.1 x 10.2 x 18.6 x 11.2 x 9.3 x -
Yield 3.99% 3.39% 3.5% 4.23% 3.48% 4.98% 6.05% 7.71%
Capitalization / Revenue 1.27 x 1.41 x 1.22 x 0.69 x 0.85 x 0.71 x 0.65 x 0.63 x
EV / Revenue 1.17 x 1.33 x 1.17 x 0.85 x 0.96 x 0.8 x 0.71 x 0.63 x
EV / EBITDA 8.46 x 9.09 x 9.28 x 6.15 x 7.78 x 5.45 x 4.68 x 3.58 x
EV / FCF 12.4 x 29.9 x -32 x 36.3 x 10 x 14.5 x 12.9 x -
FCF Yield 8.08% 3.34% -3.12% 2.75% 9.98% 6.9% 7.75% -
Price to Book 2.41 x 2.4 x 2.37 x 1.61 x 1.77 x 1.44 x 1.32 x 1.22 x
Nbr of stocks (in thousands) 131,781 131,833 134,984 157,961 163,309 163,309 - -
Reference price 2 223.3 241.2 258.5 234.2 267.0 232.0 232.0 232.0
Announcement Date 20-03-17 21-03-31 22-03-31 23-03-31 24-03-14 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 23,092 22,538 28,564 53,757 51,052 53,295 58,318 60,384
EBITDA 1 3,184 3,287 3,595 7,435 6,291 7,785 8,795 10,573
EBIT 1 2,410 2,445 2,658 5,546 4,237 5,531 6,665 7,850
Operating Margin 10.44% 10.85% 9.31% 10.32% 8.3% 10.38% 11.43% 13%
Earnings before Tax (EBT) 1 2,335 2,255 2,641 5,293 3,442 5,253 6,309 -
Net income 1 1,844 1,828 2,036 3,838 2,317 3,543 4,305 -
Net margin 7.99% 8.11% 7.13% 7.14% 4.54% 6.65% 7.38% -
EPS 2 14.58 13.15 14.31 23.06 14.37 20.66 24.94 -
Free Cash Flow 1 2,178 998.9 -1,042 1,260 4,888 2,930 3,194 -
FCF margin 9.43% 4.43% -3.65% 2.34% 9.57% 5.5% 5.48% -
FCF Conversion (EBITDA) 68.4% 30.39% - 16.94% 77.69% 37.63% 36.32% -
FCF Conversion (Net income) 118.11% 54.64% - 32.82% 210.91% 82.69% 74.18% -
Dividend per Share 2 8.914 8.171 9.042 9.904 9.285 11.55 14.04 17.89
Announcement Date 20-03-17 21-03-31 22-03-31 23-03-31 24-03-14 - - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 7,415 7,999 11,667 13,963 14,526 13,601 12,702 13,004 13,150 12,196 12,673 13,310 14,147 14,062 14,726
EBITDA 1 959.7 1,016 1,266 - - 1,942 1,626 1,329 1,934 1,403 1,712 1,940 2,215 2,138 -
EBIT 1 731.3 769.5 905.4 1,634 1,558 1,449 1,137 821.4 1,414 864.5 1,144 1,332 1,604 1,579 1,601
Operating Margin 9.86% 9.62% 7.76% 11.7% 10.73% 10.65% 8.96% 6.32% 10.75% 7.09% 9.03% 10.01% 11.34% 11.23% 10.87%
Earnings before Tax (EBT) 1 758 745 852 1,618 1,582 1,241 870.5 727.9 1,097 746.9 1,037 1,233 1,502 1,482 -
Net income 1 606.3 568.8 558.9 1,173 1,184 922.4 627.9 441 740.6 507.9 690.9 828.2 1,012 1,017 -
Net margin 8.18% 7.11% 4.79% 8.4% 8.15% 6.78% 4.94% 3.39% 5.63% 4.16% 5.45% 6.22% 7.15% 7.23% -
EPS 2 4.259 3.962 3.704 7.022 7.042 5.507 3.972 2.740 4.540 3.110 4.040 4.807 5.875 5.805 5.555
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 21-11-15 22-03-31 22-05-13 22-08-31 22-11-10 23-03-31 23-05-11 23-08-29 23-11-13 24-03-14 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 8,740 5,354 4,551 3,299 -
Net Cash position 1 2,493 1,920 1,532 - - - - -
Leverage (Debt/EBITDA) - - - 1.176 x 0.851 x 0.5846 x 0.3752 x -
Free Cash Flow 1 2,178 999 -1,042 1,260 4,888 2,930 3,194 -
ROE (net income / shareholders' equity) 17.4% 14.4% 14.4% 20.4% 9.85% 13.8% 15.2% 16.3%
ROA (Net income/ Total Assets) 8.83% 7.83% 8.45% 9.72% 4.28% 6.04% 6.52% -
Assets 1 20,875 23,365 24,097 39,509 54,194 58,668 65,999 -
Book Value Per Share 2 92.60 100.0 109.0 145.0 151.0 161.0 175.0 191.0
Cash Flow per Share 2 23.50 13.10 2.160 16.40 39.30 30.20 29.60 -
Capex 1 883 873 1,358 1,520 2,559 2,232 2,183 -
Capex / Sales 3.82% 3.87% 4.75% 2.83% 5.01% 4.19% 3.74% -
Announcement Date 20-03-17 21-03-31 22-03-31 23-03-31 24-03-14 - - -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
232 TWD
Average target price
284.1 TWD
Spread / Average Target
+22.46%
Consensus
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  4. Financials Bizlink Holding Inc.