Stock 5609 DIMERCO EXPRESS CORPORATION
Add to a list
To use this feature you must be a member
Log inSign up

Financials Dimerco Express Corporation

Equities

5609

TW0005609002

Air Freight & Logistics

End-of-day quote Taipei Exchange
Other stock markets
 06:00:00 2024-04-25 pm EDT 		5-day change 1st Jan Change
92.4 TWD +0.43% Intraday chart for Dimerco Express Corporation -2.94% +11.59%
Mar. 19 Dimerco Express Corporation Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Mar. 01 Tranche Update on Dimerco Express Corporation's Equity Buyback Plan announced on December 12, 2023. CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,429 3,540 8,353 14,356 9,498 11,819
Enterprise Value (EV) 1 1,854 2,842 6,560 11,863 4,467 7,515
P/E ratio 9.44 x 8.89 x 7.81 x 6.29 x 3.8 x 11.5 x
Yield 7.67% 4.84% 7.84% 9.67% 15.3% 7.25%
Capitalization / Revenue 0.13 x 0.2 x 0.36 x 0.37 x 0.23 x 0.54 x
EV / Revenue 0.1 x 0.16 x 0.29 x 0.3 x 0.11 x 0.34 x
EV / EBITDA 5.67 x 5.1 x 5.22 x 4.35 x 1.71 x 6.68 x
EV / FCF 13.7 x 3.69 x 4.11 x 13 x 1.53 x 20.6 x
FCF Yield 7.28% 27.1% 24.3% 7.69% 65.5% 4.86%
Price to Book 1.23 x 1.66 x 3.01 x 3.33 x 1.55 x 2.03 x
Nbr of stocks (in thousands) 140,894 142,884 142,884 142,884 142,884 142,744
Reference price 2 17.24 24.78 58.46 100.5 66.47 82.80
Announcement Date 4/1/19 3/27/20 3/30/21 3/31/22 3/24/23 3/19/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 18,444 17,803 22,949 38,987 41,175 22,043
EBITDA 1 327.1 557.3 1,256 2,729 2,618 1,125
EBIT 1 285 503.7 1,220 2,691 2,575 1,081
Operating Margin 1.55% 2.83% 5.32% 6.9% 6.25% 4.91%
Earnings before Tax (EBT) 1 314.5 493.3 1,246 2,726 2,836 1,258
Net income 1 263 403.6 1,086 2,310 2,539 1,024
Net margin 1.43% 2.27% 4.73% 5.93% 6.17% 4.64%
EPS 2 1.825 2.787 7.487 15.97 17.51 7.180
Free Cash Flow 1 135 770.8 1,596 912.6 2,926 365.2
FCF margin 0.73% 4.33% 6.95% 2.34% 7.11% 1.66%
FCF Conversion (EBITDA) 41.28% 138.31% 127.07% 33.44% 111.75% 32.47%
FCF Conversion (Net income) 51.35% 190.96% 146.95% 39.5% 115.25% 35.68%
Dividend per Share 2 1.323 1.199 4.586 9.714 10.20 6.000
Announcement Date 4/1/19 3/27/20 3/30/21 3/31/22 3/24/23 3/19/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 575 699 1,794 2,492 5,031 4,304
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 135 771 1,596 913 2,926 365
ROE (net income / shareholders' equity) 13.5% 18.8% 43.1% 64.5% 48.1% 16.9%
ROA (Net income/ Total Assets) 4.05% 6.43% 12.8% 20.5% 15.9% 6.97%
Assets 1 6,493 6,276 8,476 11,293 15,988 14,695
Book Value Per Share 2 14.00 14.90 19.40 30.20 42.90 40.90
Cash Flow per Share 2 8.500 12.00 20.00 24.10 41.60 33.50
Capex 1 33.3 55.5 8.41 27.2 21.8 25.1
Capex / Sales 0.18% 0.31% 0.04% 0.07% 0.05% 0.11%
Announcement Date 4/1/19 3/27/20 3/30/21 3/31/22 3/24/23 3/19/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Air Freight

1st Jan change Capi.
DIMERCO EXPRESS CORPORATION Stock Dimerco Express Corporation
+11.59% 399M
CARGOJET INC. Stock Cargojet Inc.
-3.00% 1.41B
AIR TRANSPORT SERVICES GROUP, INC. Stock Air Transport Services Group, Inc.
-26.69% 842M
AIR ASTANA Stock Air Astana
0.00% 737M
TRIPLE I LOGISTICS Stock Triple i Logistics
-13.07% 183M
YTO INTERNATIONAL EXPRESS AND SUPPLY CHAIN TECHNOLOGY LIMITED Stock YTO International Express and Supply Chain Technology Limited
-6.25% 64.07M
Air Freight
  1. Stock Market
  2. Equities
  3. 5609 Stock
  4. Financials Dimerco Express Corporation