Financials Promate Solutions Corporation

Equities

6577

TW0006577000

Semiconductors

End-of-day quote Taipei Exchange 18:00:00 2024-05-05 EDT 5-day change 1st Jan Change
135 TWD +0.37% Intraday chart for Promate Solutions Corporation +0.75% +37.90%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,249 2,605 2,471 2,536 2,226 3,745
Enterprise Value (EV) 1 1,705 1,852 1,915 1,918 1,438 3,298
P/E ratio 12.2 x 12.7 x 12.3 x 15.7 x 11.6 x 13.9 x
Yield 7.65% 7.34% 7.74% 5.81% 7.65% 1.02%
Capitalization / Revenue 1.19 x 1.39 x 1.4 x 1.45 x 1.18 x 1.48 x
EV / Revenue 0.9 x 0.99 x 1.08 x 1.1 x 0.76 x 1.3 x
EV / EBITDA 7.17 x 6.63 x 6.8 x 8.86 x 6.89 x 10.4 x
EV / FCF 30.5 x 3.98 x -67.6 x 8.36 x 5.32 x -519 x
FCF Yield 3.28% 25.2% -1.48% 12% 18.8% -0.19%
Price to Book 2.17 x 2.44 x 2.25 x 2.38 x 2.02 x 3.14 x
Nbr of stocks (in thousands) 38,255 38,255 38,255 38,255 38,255 38,255
Reference price 2 58.80 68.10 64.60 66.30 58.20 97.90
Announcement Date 19-04-01 20-03-31 21-03-31 22-03-31 23-03-30 24-03-29
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,892 1,874 1,771 1,746 1,886 2,528
EBITDA 1 237.6 279.3 281.6 216.4 208.7 317
EBIT 1 216.7 260.8 266 201.2 194 300.8
Operating Margin 11.46% 13.91% 15.02% 11.52% 10.28% 11.9%
Earnings before Tax (EBT) 1 227.4 257 249.8 195.8 243.9 338.3
Net income 1 186.3 206.6 203.1 162.3 194.1 271.9
Net margin 9.85% 11.02% 11.46% 9.3% 10.29% 10.75%
EPS 2 4.820 5.350 5.250 4.210 5.020 7.040
Free Cash Flow 1 55.87 465.9 -28.32 229.5 270.3 -6.36
FCF margin 2.95% 24.85% -1.6% 13.15% 14.33% -0.25%
FCF Conversion (EBITDA) 23.51% 166.82% - 106.06% 129.51% -
FCF Conversion (Net income) 29.99% 225.45% - 141.44% 139.2% -
Dividend per Share 2 4.500 5.000 5.000 3.850 4.450 1.000
Announcement Date 19-04-01 20-03-31 21-03-31 22-03-31 23-03-30 24-03-29
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 545 753 557 618 788 447
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 55.9 466 -28.3 230 270 -6.36
ROE (net income / shareholders' equity) 18.3% 19.6% 18.7% 15% 17.9% 23.7%
ROA (Net income/ Total Assets) 9.36% 10.8% 10.7% 7.69% 6.91% 9.94%
Assets 1 1,990 1,912 1,889 2,111 2,810 2,735
Book Value Per Share 2 27.10 27.90 28.70 27.90 28.80 31.20
Cash Flow per Share 2 14.20 21.80 15.90 19.00 20.90 13.50
Capex 1 3.64 8.63 17.2 16.6 7.38 16.3
Capex / Sales 0.19% 0.46% 0.97% 0.95% 0.39% 0.64%
Announcement Date 19-04-01 20-03-31 21-03-31 22-03-31 23-03-30 24-03-29
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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