Projected Income Statement: Qisda Corporation

Forecast Balance Sheet: Qisda Corporation

Forecast Balance Sheet - Qisda Corporation
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Net Debt 32,235 27,372 34,232 49,684 53,206 - -
Change - -15.09% 25.06% 45.14% 7.09% - -
Announcement Date 3/8/22 3/7/23 3/5/24 3/5/25 3/11/26 - -
Estimates

Cash Flow Forecast: Qisda Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
CAPEX 1 6,099 6,538 5,048 5,519 5,491 4,800 5,000
Change - 7.19% -22.8% 9.33% -0.5% -12.59% 4.17%
Free Cash Flow (FCF) 1 -3,985 -7,729 8,563 -2,217 3,615 - -
Change - -93.97% 210.79% -125.9% 263% -100% -
Announcement Date 3/8/22 3/7/23 3/5/24 3/5/25 3/11/26 - -
1TWD in Million
Estimates

Forecast Financial Ratios: Qisda Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027

Profitability

       
EBITDA Margin (%) 5.38% 4.66% 5.26% 5.2% 4.65% 5.08% 4.95%
EBIT Margin (%) 3.26% 2.44% 2.46% 2.24% 1.53% 1.34% 1.82%
EBT Margin (%) 5.75% 6.93% 3.1% 2.3% 1.36% 1.68% 1.74%
Net margin (%) 3.68% 3.44% 1.46% 1.07% 0.55% 0.86% 1.06%
FCF margin (%) -1.76% -3.22% 4.21% -1.1% 1.74% - -
FCF / Net Income (%) -47.96% -93.67% 287.77% -102.47% 316.34% - -

Profitability

       
ROA 4.64% 5.82% 1.56% 1.1% 0.56% 0.74% 0.81%
ROE 21.44% 16.52% 7.65% 5.96% 3.57% 2.72% 2.98%

Financial Health

       
Leverage (Debt/EBITDA) 2.65x 2.45x 3.2x 4.73x 5.5x - -
Debt / Free cash flow -8.09x -3.54x 4x -22.41x 14.72x - -

Capital Intensity

       
CAPEX / Current Assets (%) 2.7% 2.73% 2.48% 2.74% 2.64% 2.25% 2.24%
CAPEX / EBITDA (%) 50.17% 58.55% 47.13% 52.58% 56.8% 44.3% 45.22%
CAPEX / FCF (%) -153.08% -84.59% 58.95% -248.88% 151.92% - -

Items per share

       
Cash flow per share 1 - - - - - - -
Change - - - - - - -
Dividend per Share 1 3.049 2.439 1.463 1.354 - - -
Change - -20% -40% -7.5% - - -
Book Value Per Share 1 25.71 25.25 22.98 22.18 18.04 25.88 27.7
Change - -1.76% -9.01% -3.47% -18.64% 43.43% 7.03%
EPS 1 5.085 5.049 1.841 1.341 0.64 1.165 1.5
Change - -0.72% -63.53% -27.15% -52.29% 82.03% 28.76%
Nbr of stocks (in thousands) 1,612,761 1,612,761 1,612,761 1,585,678 1,580,507 1,580,507 1,580,507
Announcement Date 3/8/22 3/7/23 3/5/24 3/5/25 3/11/26 - -
1TWD
Estimates
2026 *2027 *
P/E 25.2x 19.6x
PBR 1.14x 1.06x
EV / Sales 0.22x 0.21x
Yield - -

EPS & Dividend

EPS & Dividend - Qisda Corporation


Y-o-Y evolution of P/E

Valuation ratios - P/E - Qisda Corporation
 
Trader
Investor
Global
Quality
ESG MSCI
BBB
MarketScreener Ratings - Qisda Corporation
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
29.40TWD
Average target price
31.50TWD
Spread / Average Target
+7.14%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Qisda Corporation
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