Financials Founding Construction Development Corp.

Equities

5533

TW0005533004

Real Estate Development & Operations

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
27.3 TWD +0.92% Intraday chart for Founding Construction Development Corp. +10.08% +12.81%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,535 4,535 4,592 5,448 5,006 6,903
Enterprise Value (EV) 1 10,385 10,688 9,883 8,471 4,526 5,449
P/E ratio 19.4 x 48.2 x 18.9 x 5.13 x 4.94 x 7.78 x
Yield 4.4% 3.14% 3.73% 5.24% 6.84% 4.96%
Capitalization / Revenue 2 x 2.78 x 1.2 x 1.44 x 1.04 x 1.83 x
EV / Revenue 4.58 x 6.55 x 2.58 x 2.25 x 0.94 x 1.45 x
EV / EBITDA 23.1 x 41.8 x 24.8 x 9.67 x 4.15 x 5.13 x
EV / FCF -15 x 129 x 12.7 x 6.29 x 1.33 x 3.19 x
FCF Yield -6.69% 0.77% 7.87% 15.9% 75.4% 31.3%
Price to Book 0.61 x 0.62 x 0.62 x 0.65 x 0.55 x 0.72 x
Nbr of stocks (in thousands) 285,245 285,245 285,245 285,245 285,245 285,245
Reference price 2 15.90 15.90 16.10 19.10 17.55 24.20
Announcement Date 3/12/19 3/19/20 3/17/21 3/17/22 3/14/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,265 1,632 3,835 3,772 4,816 3,764
EBITDA 1 449.6 255.4 398.7 876.3 1,091 1,062
EBIT 1 362 170.3 313.4 794.1 1,033 1,002
Operating Margin 15.98% 10.44% 8.17% 21.05% 21.45% 26.63%
Earnings before Tax (EBT) 1 273.7 115.1 272.9 1,147 1,265 1,048
Net income 1 234.1 94.34 242.8 1,062 1,015 889.5
Net margin 10.34% 5.78% 6.33% 28.15% 21.07% 23.63%
EPS 2 0.8200 0.3300 0.8500 3.720 3.550 3.110
Free Cash Flow 1 -694.5 82.59 778.2 1,346 3,411 1,706
FCF margin -30.66% 5.06% 20.29% 35.69% 70.84% 45.32%
FCF Conversion (EBITDA) - 32.33% 195.16% 153.63% 312.59% 160.62%
FCF Conversion (Net income) - 87.55% 320.55% 126.77% 336.2% 191.75%
Dividend per Share 2 0.7000 0.5000 0.6000 1.000 1.200 1.200
Announcement Date 3/12/19 3/19/20 3/17/21 3/17/22 3/14/23 3/14/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 5,850 6,153 5,290 3,023 - -
Net Cash position 1 - - - - 480 1,454
Leverage (Debt/EBITDA) 13.01 x 24.09 x 13.27 x 3.45 x - -
Free Cash Flow 1 -695 82.6 778 1,346 3,411 1,706
ROE (net income / shareholders' equity) 3.16% 1.28% 3.29% 13.5% 11.7% 9.53%
ROA (Net income/ Total Assets) 1.58% 0.72% 1.35% 3.66% 5.01% 5.11%
Assets 1 14,789 13,172 17,949 28,983 20,251 17,413
Book Value Per Share 2 26.10 25.70 26.10 29.20 31.80 33.70
Cash Flow per Share 2 1.740 1.580 1.820 3.550 10.50 11.50
Capex 1 2.26 11 5.6 53.3 6.11 9.98
Capex / Sales 0.1% 0.67% 0.15% 1.41% 0.13% 0.27%
Announcement Date 3/12/19 3/19/20 3/17/21 3/17/22 3/14/23 3/14/24
1TWD in Million2TWD
Estimates
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