Financials Rectron Limited

Equities

2302

TW0002302007

Semiconductors

End-of-day quote Taiwan S.E. 18:00:00 2024-05-12 EDT 5-day change 1st Jan Change
17.3 TWD 0.00% Intraday chart for Rectron Limited +0.29% -6.23%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,242 1,365 4,074 2,811 2,777 3,068
Enterprise Value (EV) 1 1,243 1,340 3,942 2,744 2,542 2,495
P/E ratio 44.9 x 3,097 x 38.6 x 33.1 x 15.8 x 35.5 x
Yield - - 1.23% 3.55% 4.79% 1.68%
Capitalization / Revenue 2.39 x 2.74 x 5.37 x 3.77 x 3.16 x 4.28 x
EV / Revenue 2.39 x 2.69 x 5.19 x 3.68 x 2.9 x 3.48 x
EV / EBITDA 22.5 x 33.6 x 20.9 x 20.1 x 11.3 x 20.4 x
EV / FCF -41.5 x 25.7 x 51.4 x -56.6 x 11.5 x 5.46 x
FCF Yield -2.41% 3.89% 1.95% -1.77% 8.68% 18.3%
Price to Book 0.75 x 0.84 x 2.34 x 1.56 x 1.5 x 1.73 x
Nbr of stocks (in thousands) 166,303 166,303 166,303 166,303 166,303 166,303
Reference price 2 7.470 8.210 24.50 16.90 16.70 18.45
Announcement Date 19-04-01 20-03-31 21-03-31 22-03-31 23-03-27 24-03-18
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 520.4 498.3 759.4 745.8 877.6 716.5
EBITDA 1 55.29 39.87 188.6 136.3 225 122.5
EBIT 1 14.01 -4.352 141.1 81.87 170.7 71.3
Operating Margin 2.69% -0.87% 18.58% 10.98% 19.45% 9.95%
Earnings before Tax (EBT) 1 27.68 0.466 110.8 90.63 204.6 106.5
Net income 1 27.65 0.441 105.6 84.97 176.1 86.87
Net margin 5.31% 0.09% 13.91% 11.39% 20.07% 12.12%
EPS 2 0.1663 0.002651 0.6352 0.5100 1.059 0.5200
Free Cash Flow 1 -29.95 52.19 76.7 -48.44 220.8 456.7
FCF margin -5.76% 10.47% 10.1% -6.49% 25.16% 63.74%
FCF Conversion (EBITDA) - 130.9% 40.67% - 98.14% 372.98%
FCF Conversion (Net income) - 11,833.87% 72.61% - 125.37% 525.77%
Dividend per Share - - 0.3006 0.6000 0.8000 0.3100
Announcement Date 19-04-01 20-03-31 21-03-31 22-03-31 23-03-27 24-03-18
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 0.3 - - - - -
Net Cash position 1 - 24.9 132 67 235 574
Leverage (Debt/EBITDA) 0.005408 x - - - - -
Free Cash Flow 1 -29.9 52.2 76.7 -48.4 221 457
ROE (net income / shareholders' equity) 1.69% 0.03% 6.3% 4.8% 9.66% 4.79%
ROA (Net income/ Total Assets) 0.44% -0.14% 4.3% 2.38% 4.96% 1.99%
Assets 1 6,262 -319.8 2,454 3,566 3,550 4,375
Book Value Per Share 2 9.950 9.720 10.50 10.80 11.10 10.70
Cash Flow per Share 2 0.8800 1.070 1.780 1.130 1.480 3.380
Capex 1 35.6 21.6 74.9 61.8 32.5 6.14
Capex / Sales 6.84% 4.34% 9.86% 8.28% 3.7% 0.86%
Announcement Date 19-04-01 20-03-31 21-03-31 22-03-31 23-03-27 24-03-18
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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