Financials Drewloong Precision, Inc.

Equities

4572

TW0004572003

Aerospace & Defense

End-of-day quote Taiwan S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
155.5 TWD -2.20% Intraday chart for Drewloong Precision, Inc. -2.20% -10.63%

Valuation

Fiscal Period: December 2019 2021 2022 2023 2024 2025
Capitalization 1 4,636 3,652 4,296 6,786 6,064 -
Enterprise Value (EV) 1 4,636 3,652 4,296 6,356 5,240 5,065
P/E ratio - 68 x 23.5 x 28 x 19.1 x 17.6 x
Yield - - - 2.87% 4.07% 4.86%
Capitalization / Revenue 5.69 x - - 8.15 x 5.94 x 5.3 x
EV / Revenue 5.69 x - - 7.63 x 5.14 x 4.43 x
EV / EBITDA - - - 17.9 x 12.2 x 10.4 x
EV / FCF 23.5 x - - 25.9 x 27.1 x 22.1 x
FCF Yield 4.25% - - 3.87% 3.69% 4.53%
Price to Book 2.33 x - - 3.59 x 2.72 x 2.43 x
Nbr of stocks (in thousands) 39,000 39,000 39,000 39,000 39,000 -
Reference price 2 118.9 93.63 110.2 174.0 155.5 155.5
Announcement Date 3/16/20 3/15/22 1/15/23 3/12/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2021 2022 2023 2024 2025
Net sales 1 815 - - 832.7 1,020 1,144
EBITDA 1 - - - 356.1 429.3 487.7
EBIT 1 286.1 - - 288 360 420
Operating Margin 35.1% - - 34.59% 35.28% 36.7%
Earnings before Tax (EBT) 1 - - - 313.7 371.2 431.7
Net income 1 - 53.74 183.6 242 297 345.3
Net margin - - - 29.07% 29.11% 30.18%
EPS 2 - 1.377 4.691 6.210 8.132 8.857
Free Cash Flow 1 197.1 - - 245.9 193.5 229.5
FCF margin 24.19% - - 29.53% 18.96% 20.06%
FCF Conversion (EBITDA) - - - 69.05% 45.07% 47.06%
FCF Conversion (Net income) - - - 101.59% 65.15% 66.46%
Dividend per Share 2 - - - 5.000 6.335 7.560
Announcement Date 3/16/20 3/15/22 1/15/23 3/12/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 191.4 219.1 216.9 205.3 229.3 252.3 265.7 268.3 244
EBITDA 1 89.52 - 91.52 84.99 91 97 101 104 -
EBIT 1 72.25 72.8 74.72 68.25 80.67 89.33 94.67 97.67 82
Operating Margin 37.75% 33.23% 34.44% 33.25% 35.17% 35.4% 35.63% 36.4% 33.61%
Earnings before Tax (EBT) 1 73.68 90.96 94.14 54.88 83.67 92 98.67 99.33 85
Net income 1 58.96 63.85 74.96 44.27 67 73.67 79 79.67 68
Net margin 30.81% 29.14% 34.55% 21.57% 29.22% 29.19% 29.74% 29.69% 27.87%
EPS 2 1.515 1.634 1.920 1.140 1.617 1.890 2.030 2.043 1.750
Dividend per Share - - - - - - - - -
Announcement Date 5/10/23 8/8/23 11/8/23 3/12/24 - - - - -
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2021 2022 2023 2024 2025
Net Debt 1 - - - - - -
Net Cash position 1 - - - 430 825 1,000
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 197 - - 246 194 230
ROE (net income / shareholders' equity) 13.7% - - 13.4% 14.7% 15.4%
ROA (Net income/ Total Assets) 11.2% - - 10.7% 12.3% 12.7%
Assets 1 - - - 2,262 2,409 2,713
Book Value Per Share 2 51.00 - - 48.50 57.20 64.10
Cash Flow per Share 2 - - - 7.360 5.700 6.660
Capex 1 48.3 - - 41 30.3 33
Capex / Sales 5.92% - - 4.92% 2.97% 2.88%
Announcement Date 3/16/20 3/15/22 1/15/23 3/12/24 - -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
155.5 TWD
Average target price
208.4 TWD
Spread / Average Target
+34.02%
Consensus
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