Financials Coretronic Corporation

Equities

5371

TW0005371009

Electronic Equipment & Parts

End-of-day quote Taipei Exchange 18:00:00 2024-05-02 EDT 5-day change 1st Jan Change
93.9 TWD -0.32% Intraday chart for Coretronic Corporation -1.68% +31.33%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 16,834 17,616 36,127 22,247 27,955 36,948 -
Enterprise Value (EV) 1 16,834 17,616 36,127 22,247 27,955 36,948 36,948
P/E ratio - - - - - - -
Yield - - - - - - -
Capitalization / Revenue 0.35 x 0.42 x 0.72 x 0.45 x 0.71 x 0.86 x 0.79 x
EV / Revenue 0.35 x 0.42 x 0.72 x 0.45 x 0.71 x 0.86 x 0.79 x
EV / EBITDA 6.36 x 5.91 x 9.05 x 4.66 x 11.5 x 10.6 x 9.52 x
EV / FCF 4.82 x 7.9 x -10.4 x 6.7 x - 35.3 x -
FCF Yield 20.7% 12.7% -9.59% 14.9% - 2.83% -
Price to Book 0.79 x 0.77 x 1.63 x 0.98 x 1.19 x 1.51 x -
Nbr of stocks (in thousands) 434,423 434,423 390,981 390,981 390,981 390,981 -
Reference price 2 38.75 40.55 92.40 56.90 71.50 94.50 94.50
Announcement Date 20-02-17 21-02-08 22-02-15 23-02-14 24-03-04 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 48,711 42,438 49,833 49,783 39,492 42,723 46,793
EBITDA 1 2,649 2,979 3,990 4,772 2,424 3,495 3,882
EBIT 1 1,201 692.1 1,646 2,151 930.7 1,301 1,658
Operating Margin 2.47% 1.63% 3.3% 4.32% 2.36% 3.05% 3.54%
Earnings before Tax (EBT) - - - - - - -
Net income - - - - - - -
Net margin - - - - - - -
EPS - - - - - - -
Free Cash Flow 1 3,492 2,230 -3,464 3,321 - 1,046 -
FCF margin 7.17% 5.25% -6.95% 6.67% - 2.45% -
FCF Conversion (EBITDA) 131.85% 74.86% - 69.6% - 29.93% -
FCF Conversion (Net income) - - - - - - -
Dividend per Share - - - - - - -
Announcement Date 20-02-17 21-02-08 22-02-15 23-02-14 24-03-04 - -
1TWD in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 2025 Q2
Net sales 1 15,115 13,138 12,571 12,903 11,171 9,571 9,633 10,400 9,888 9,120 10,420 11,986 12,415 10,615 11,385
EBITDA - - - - - - - - - - - - - - -
EBIT 1 566 324 684.7 773.5 368.4 64.06 193.7 472.8 200.1 -28.38 262.5 552.5 627 134 363
Operating Margin 3.74% 2.47% 5.45% 5.99% 3.3% 0.67% 2.01% 4.55% 2.02% -0.31% 2.52% 4.61% 5.05% 1.26% 3.19%
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income - - - - - - - - - - - - - - -
Net margin - - - - - - - - - - - - - - -
EPS - - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 22-02-15 22-04-26 22-07-26 22-11-02 23-02-14 23-04-25 23-08-01 23-10-31 24-03-04 24-05-02 - - - - -
1TWD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 3,492 2,230 -3,464 3,321 - 1,046 -
ROE (net income / shareholders' equity) 5.29% 7.05% 9.02% 9.57% 6.02% 5.26% 5.72%
ROA (Net income/ Total Assets) 2.37% 3.23% 3.39% 4.02% 2.5% 2.4% 2.6%
Assets - - - - - - -
Book Value Per Share 2 49.20 52.70 56.70 58.10 60.10 62.70 -
Cash Flow per Share - - - - - - -
Capex 1 1,539 1,139 1,325 1,584 1,551 1,500 1,500
Capex / Sales 3.16% 2.68% 2.66% 3.18% 3.93% 3.51% 3.21%
Announcement Date 20-02-17 21-02-08 22-02-15 23-02-14 24-03-04 - -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
93.9 TWD
Average target price
83 TWD
Spread / Average Target
-11.61%
Consensus

Quarterly revenue - Rate of surprise

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