Financials Union Bank of Taiwan

Equities

2838

TW0002838000

Banks

End-of-day quote Taiwan S.E. 18:00:00 2024-05-27 EDT 5-day change 1st Jan Change
15.8 TWD +0.64% Intraday chart for Union Bank of Taiwan +0.64% +9.72%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 25,797 31,873 33,254 44,815 57,505 54,417
Enterprise Value (EV) 1 -40,898 -18,068 33,254 11,785 -15,027 -22,803
P/E ratio 9.05 x 11.1 x 11.2 x 11.2 x 18.8 x 14.3 x
Yield - 0.9% - 1.1% 0.62% 1.39%
Capitalization / Revenue 2.07 x 2.34 x 2.35 x 2.82 x 3.71 x 3.14 x
EV / Revenue -3.29 x -1.33 x 2.35 x 0.74 x -0.97 x -1.32 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.54 x 0.59 x - 0.71 x 0.97 x 0.82 x
Nbr of stocks (in thousands) 3,742,086 3,750,070 3,758,578 3,766,188 3,773,748 3,778,953
Reference price 2 6.894 8.499 8.847 11.90 15.24 14.40
Announcement Date 19-04-01 20-03-31 21-05-11 22-03-31 23-03-16 24-03-15
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 12,439 13,605 14,140 15,883 15,486 17,306
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 3,477 4,027 3,942 5,210 4,550 5,235
Net income 1 2,957 3,359 3,442 4,464 3,539 4,317
Net margin 23.77% 24.69% 24.34% 28.1% 22.85% 24.95%
EPS 2 0.7620 0.7682 0.7883 1.058 0.8095 1.010
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - 0.0769 - 0.1312 0.0952 0.2000
Announcement Date 19-04-01 20-03-31 21-05-11 22-03-31 23-03-16 24-03-15
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 66,695 49,941 - 33,030 72,532 77,220
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 6.02% 6.34% 5.91% 7.08% 5.49% 6.46%
ROA (Net income/ Total Assets) 0.49% 0.5% 0.47% 0.56% 0.42% 0.48%
Assets 1 607,006 669,081 726,405 799,672 842,836 891,449
Book Value Per Share 2 12.80 14.50 - 16.80 15.70 17.60
Cash Flow per Share 2 5.440 3.430 - 3.660 3.340 3.050
Capex 1 236 299 228 365 2,117 3,589
Capex / Sales 1.9% 2.2% 1.61% 2.3% 13.67% 20.74%
Announcement Date 19-04-01 20-03-31 21-05-11 22-03-31 23-03-16 24-03-15
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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