Financials Polytronics Technology Corp.

Equities

6224

TW0006224009

Electronic Equipment & Parts

End-of-day quote Taiwan S.E. 18:00:00 2024-05-02 EDT 5-day change 1st Jan Change
54.4 TWD +1.68% Intraday chart for Polytronics Technology Corp. +4.02% -5.56%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,336 5,352 7,640 10,706 4,856 4,933
Enterprise Value (EV) 1 3,516 4,644 6,988 10,621 4,714 4,659
P/E ratio 12.5 x 14.7 x 19.3 x 21.2 x 54.5 x 46.8 x
Yield 6.92% 5.98% 4.45% 3.4% 2.65% 2.6%
Capitalization / Revenue 2.6 x 3.23 x 4.32 x 3.47 x 1.65 x 1.77 x
EV / Revenue 2.11 x 2.81 x 3.95 x 3.45 x 1.6 x 1.67 x
EV / EBITDA 7.12 x 9.22 x 13.6 x 16 x 110 x 30 x
EV / FCF 20 x 15.3 x 47 x -12.6 x 14 x 18 x
FCF Yield 5% 6.53% 2.13% -7.93% 7.16% 5.55%
Price to Book 2.04 x 2.48 x 3.4 x 3.77 x 1.85 x 1.91 x
Nbr of stocks (in thousands) 80,002 80,002 80,002 85,645 85,645 85,645
Reference price 2 54.20 66.90 95.50 125.0 56.70 57.60
Announcement Date 19-03-21 20-03-26 21-03-22 22-03-25 23-03-24 24-03-12
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,669 1,655 1,767 3,082 2,943 2,794
EBITDA 1 493.7 503.6 513.5 663.2 42.66 155.1
EBIT 1 401 406.5 423.9 505.8 -185.7 -74.55
Operating Margin 24.03% 24.55% 23.99% 16.41% -6.31% -2.67%
Earnings before Tax (EBT) 1 433 461 481.5 570.8 -29.02 32.68
Net income 1 350 368.1 400.6 510.1 89.94 106.4
Net margin 20.98% 22.23% 22.67% 16.55% 3.06% 3.81%
EPS 2 4.320 4.550 4.960 5.888 1.040 1.230
Free Cash Flow 1 175.9 303.5 148.6 -842.5 337.7 258.5
FCF margin 10.54% 18.33% 8.41% -27.34% 11.47% 9.25%
FCF Conversion (EBITDA) 35.62% 60.26% 28.93% - 791.52% 166.67%
FCF Conversion (Net income) 50.24% 82.44% 37.08% - 375.45% 243.06%
Dividend per Share 2 3.750 4.000 4.250 4.250 1.500 1.500
Announcement Date 19-03-21 20-03-26 21-03-22 22-03-25 23-03-24 24-03-12
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q2 2023 Q3
Net sales 1 - 759.9
EBITDA - -
EBIT 1 - 20.6
Operating Margin - 2.71%
Earnings before Tax (EBT) 1 - 51.33
Net income 1 38.36 57.93
Net margin - 7.62%
EPS 2 0.4500 0.6800
Dividend per Share - -
Announcement Date 23-08-14 23-11-06
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 820 708 653 84.7 143 274
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 176 303 149 -843 338 259
ROE (net income / shareholders' equity) 16.8% 17.2% 18.2% 16.1% -3.34% -1%
ROA (Net income/ Total Assets) 9.91% 9.06% 8.25% 7.04% -2.29% -1.05%
Assets 1 3,533 4,063 4,854 7,243 -3,919 -10,173
Book Value Per Share 2 26.60 27.00 28.10 33.10 30.70 30.20
Cash Flow per Share 2 11.20 12.50 15.70 15.70 12.90 13.50
Capex 1 203 72.9 28.5 276 146 70.4
Capex / Sales 12.17% 4.4% 1.61% 8.95% 4.96% 2.52%
Announcement Date 19-03-21 20-03-26 21-03-22 22-03-25 23-03-24 24-03-12
1TWD in Million2TWD
Estimates
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