Financials Huxen Corporation

Equities

2433

TW0002433000

Business Support Services

End-of-day quote Taiwan S.E. 18:00:00 2024-05-09 EDT 5-day change 1st Jan Change
53.5 TWD +0.56% Intraday chart for Huxen Corporation +0.19% +2.29%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 6,083 8,121 7,442 7,413 6,957 7,557
Enterprise Value (EV) 1 6,272 8,065 6,864 6,535 6,086 6,664
P/E ratio 11.5 x 13.3 x 13.1 x 13.5 x 12.4 x 15.4 x
Yield 8.31% 6.76% 6.99% 6.82% 7.48% 5.74%
Capitalization / Revenue 1.49 x 1.88 x 1.84 x 1.91 x 2.18 x 2.61 x
EV / Revenue 1.53 x 1.86 x 1.69 x 1.68 x 1.91 x 2.3 x
EV / EBITDA 3.29 x 3.95 x 3.68 x 3.83 x 3.68 x 4.26 x
EV / FCF -12.2 x 17 x 9.88 x 13.2 x 13.6 x 14.4 x
FCF Yield -8.17% 5.88% 10.1% 7.57% 7.37% 6.93%
Price to Book 1.41 x 1.95 x 1.78 x 1.75 x 1.76 x 1.97 x
Nbr of stocks (in thousands) 144,496 144,496 144,496 144,496 144,496 144,496
Reference price 2 42.10 56.20 51.50 51.30 48.15 52.30
Announcement Date 19-03-29 20-03-31 21-03-31 22-03-30 23-03-28 24-03-27
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,090 4,325 4,050 3,884 3,194 2,894
EBITDA 1 1,908 2,040 1,867 1,708 1,652 1,563
EBIT 1 457 595 504.8 448.8 473.7 440.9
Operating Margin 11.17% 13.76% 12.46% 11.55% 14.83% 15.24%
Earnings before Tax (EBT) 1 634.7 782.1 701.7 667.8 690.5 611.3
Net income 1 528.3 612 568.2 549.5 561.2 490.3
Net margin 12.92% 14.15% 14.03% 14.15% 17.57% 16.94%
EPS 2 3.650 4.230 3.930 3.800 3.880 3.390
Free Cash Flow 1 -512.4 474.5 694.7 494.8 448.6 462
FCF margin -12.53% 10.97% 17.15% 12.74% 14.05% 15.96%
FCF Conversion (EBITDA) - 23.26% 37.21% 28.97% 27.16% 29.55%
FCF Conversion (Net income) - 77.54% 122.26% 90.05% 79.94% 94.22%
Dividend per Share 2 3.500 3.800 3.600 3.500 3.600 3.000
Announcement Date 19-03-29 20-03-31 21-03-31 22-03-30 23-03-28 24-03-27
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 189 - - - - -
Net Cash position 1 - 56.2 578 877 871 893
Leverage (Debt/EBITDA) 0.0991 x - - - - -
Free Cash Flow 1 -512 475 695 495 449 462
ROE (net income / shareholders' equity) 11.6% 13.4% 12.3% 11.7% 12.3% 11.1%
ROA (Net income/ Total Assets) 3.4% 4.52% 3.96% 3.52% 3.76% 3.57%
Assets 1 15,555 13,536 14,360 15,607 14,928 13,746
Book Value Per Share 2 29.90 28.90 28.90 29.20 27.40 26.50
Cash Flow per Share 2 1.260 2.320 5.900 4.780 4.770 3.710
Capex 1 1,963 1,331 1,120 1,126 1,015 1,033
Capex / Sales 47.99% 30.77% 27.65% 28.99% 31.77% 35.69%
Announcement Date 19-03-29 20-03-31 21-03-31 22-03-30 23-03-28 24-03-27
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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