Financials Apacer Technology Inc.

Equities

8271

TW0008271008

Semiconductors

End-of-day quote Taiwan S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
67.4 TWD +1.05% Intraday chart for Apacer Technology Inc. +2.12% +8.89%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,876 4,223 3,965 4,954 5,079 7,594
Enterprise Value (EV) 1 2,272 3,087 2,816 4,378 2,449 5,093
P/E ratio 8.14 x 11.4 x 13.8 x 10.3 x 8.1 x 13.9 x
Yield 8.77% 6.09% 5.14% 5.94% 7.97% -
Capitalization / Revenue 0.3 x 0.56 x 0.55 x 0.57 x 0.58 x 1 x
EV / Revenue 0.24 x 0.41 x 0.39 x 0.5 x 0.28 x 0.67 x
EV / EBITDA 4.79 x 5.91 x 7.37 x 7.2 x 3.33 x 6.74 x
EV / FCF 3.31 x 3.89 x 12.5 x -10.1 x 1.5 x 33.7 x
FCF Yield 30.2% 25.7% 8.02% -9.87% 66.6% 2.97%
Price to Book 1.07 x 1.5 x 1.41 x 1.6 x 1.22 x 1.76 x
Nbr of stocks (in thousands) 100,898 100,898 100,898 101,824 122,688 122,688
Reference price 2 28.50 41.85 39.30 48.65 41.40 61.90
Announcement Date 2/26/19 2/26/20 3/2/21 2/25/22 5/2/23 2/29/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 9,442 7,486 7,152 8,682 8,797 7,631
EBITDA 1 474.4 521.9 382.3 607.8 734.2 755.2
EBIT 1 437.9 483.6 345.4 573.1 694.1 710.5
Operating Margin 4.64% 6.46% 4.83% 6.6% 7.89% 9.31%
Earnings before Tax (EBT) 1 438.5 478.9 370.7 577.3 713.5 748.4
Net income 1 358.8 376.6 290.5 485.8 559.1 553
Net margin 3.8% 5.03% 4.06% 5.6% 6.36% 7.25%
EPS 2 3.500 3.680 2.850 4.710 5.110 4.460
Free Cash Flow 1 685.6 793 226 -432.3 1,631 151
FCF margin 7.26% 10.59% 3.16% -4.98% 18.54% 1.98%
FCF Conversion (EBITDA) 144.53% 151.93% 59.11% - 222.09% 20%
FCF Conversion (Net income) 191.07% 210.53% 77.8% - 291.64% 27.31%
Dividend per Share 2 2.500 2.550 2.020 2.890 3.300 -
Announcement Date 2/26/19 2/26/20 3/2/21 2/25/22 5/2/23 2/29/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 603 1,136 1,149 576 2,631 2,502
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 686 793 226 -432 1,631 151
ROE (net income / shareholders' equity) 13.6% 13.7% 10.3% 16.5% 15.6% 13.8%
ROA (Net income/ Total Assets) 6.14% 7.07% 5.18% 8.02% 7.96% 7.17%
Assets 1 5,840 5,329 5,603 6,055 7,024 7,717
Book Value Per Share 2 26.70 27.80 27.80 30.40 33.90 35.10
Cash Flow per Share 2 7.350 6.900 6.120 6.380 11.60 8.650
Capex 1 25.5 27.2 32.8 24.2 29.1 33.8
Capex / Sales 0.27% 0.36% 0.46% 0.28% 0.33% 0.44%
Announcement Date 2/26/19 2/26/20 3/2/21 2/25/22 5/2/23 2/29/24
1TWD in Million2TWD
Estimates
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