Financials Eastern Media International Corporation

Equities

2614

TW0002614005

Department Stores

End-of-day quote Taiwan S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
19.75 TWD +0.51% Intraday chart for Eastern Media International Corporation +2.07% -12.80%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 7,405 6,292 9,716 17,482 11,116 6,801
Enterprise Value (EV) 1 5,966 11,603 15,870 22,736 18,578 16,205
P/E ratio 7.69 x 16.2 x 18.8 x 24.2 x -7.09 x -24.9 x
Yield 7.52% 8.85% 4.58% 3.03% - -
Capitalization / Revenue 0.38 x 2.01 x 2.05 x 3.17 x 1.87 x 1.16 x
EV / Revenue 0.31 x 3.71 x 3.36 x 4.12 x 3.12 x 2.77 x
EV / EBITDA 345 x 92.2 x 79.6 x 58.5 x 45.6 x 142 x
EV / FCF 26.1 x -6.22 x 18.6 x 20 x 404 x -30.7 x
FCF Yield 3.83% -16.1% 5.36% 5% 0.25% -3.26%
Price to Book 1.13 x 0.99 x 1.55 x 2.8 x 3.15 x 2.06 x
Nbr of stocks (in thousands) 300,244 300,244 300,244 300,244 300,244 300,243
Reference price 2 24.66 20.96 32.36 58.23 37.02 22.65
Announcement Date 4/1/19 4/30/20 3/29/21 3/24/22 3/24/23 2/29/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 19,305 3,129 4,728 5,512 5,949 5,842
EBITDA 1 17.3 125.9 199.4 388.9 407.7 114.3
EBIT 1 -401 -23.23 -10.16 157.1 210.8 -90.07
Operating Margin -2.08% -0.74% -0.21% 2.85% 3.54% -1.54%
Earnings before Tax (EBT) 1 1,898 360.7 309.7 710.2 -1,502 -293
Net income 1 1,071 390.5 520.9 745.5 -1,655 -272.8
Net margin 5.55% 12.48% 11.02% 13.53% -27.82% -4.67%
EPS 2 3.208 1.296 1.725 2.411 -5.219 -0.9085
Free Cash Flow 1 228.4 -1,866 851.4 1,137 45.94 -527.9
FCF margin 1.18% -59.63% 18.01% 20.62% 0.77% -9.04%
FCF Conversion (EBITDA) 1,320.25% - 426.93% 292.26% 11.27% -
FCF Conversion (Net income) 21.33% - 163.46% 152.47% - -
Dividend per Share 2 1.854 1.854 1.484 1.762 - -
Announcement Date 4/1/19 4/30/20 3/29/21 3/24/22 3/24/23 2/29/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 5,311 6,154 5,254 7,462 9,404
Net Cash position 1 1,439 - - - - -
Leverage (Debt/EBITDA) - 42.19 x 30.86 x 13.51 x 18.3 x 82.3 x
Free Cash Flow 1 228 -1,866 851 1,137 45.9 -528
ROE (net income / shareholders' equity) 18.3% 7.43% 7.47% 11.2% -32.6% -8.35%
ROA (Net income/ Total Assets) -1.58% -0.09% -0.04% 0.61% 0.84% -0.34%
Assets 1 -67,935 -425,415 -1,279,752 122,012 -197,318 80,107
Book Value Per Share 2 21.90 21.20 20.90 20.80 11.80 11.00
Cash Flow per Share 2 12.00 6.090 6.180 5.870 6.380 5.610
Capex 1 328 205 371 230 958 1,704
Capex / Sales 1.7% 6.56% 7.85% 4.18% 16.1% 29.16%
Announcement Date 4/1/19 4/30/20 3/29/21 3/24/22 3/24/23 2/29/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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