Financials Fu Yu Property Co., Ltd.

Equities

4907

TW0004907001

Real Estate Development & Operations

End-of-day quote Taipei Exchange 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
72.7 TWD +1.25% Intraday chart for Fu Yu Property Co., Ltd. +16.88% +81.75%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,676 3,284 3,249 2,906 3,054 4,726
Enterprise Value (EV) 1 4,141 7,117 7,351 6,567 9,037 10,107
P/E ratio 6.45 x 20.7 x 23 x 14.1 x 270 x 17.9 x
Yield 6.62% 4.32% 4.36% 5.28% 4.64% -
Capitalization / Revenue 1.47 x 2.17 x 1.97 x 1.95 x 9.27 x 1.39 x
EV / Revenue 2.27 x 4.71 x 4.47 x 4.4 x 27.4 x 2.97 x
EV / EBITDA 9.1 x 33.5 x 40.3 x 24.8 x 486 x 31.1 x
EV / FCF -5.29 x -3.23 x -51.5 x 11.7 x -4.16 x 14.8 x
FCF Yield -18.9% -31% -1.94% 8.58% -24% 6.75%
Price to Book 1.37 x 1.7 x 1.68 x 1.45 x 1.64 x 2.39 x
Nbr of stocks (in thousands) 118,146 118,146 118,146 118,146 118,146 118,146
Reference price 2 22.65 27.80 27.50 24.60 25.85 40.00
Announcement Date 4/1/19 3/31/20 3/30/21 3/23/22 5/26/23 3/20/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,826 1,510 1,645 1,493 329.3 3,401
EBITDA 1 455.2 212.1 182.5 264.8 18.6 325.2
EBIT 1 453.4 211 181.3 263.8 17.7 324.8
Operating Margin 24.83% 13.97% 11.02% 17.67% 5.38% 9.55%
Earnings before Tax (EBT) 1 441.6 203.5 180.5 260.1 14.4 328.5
Net income 1 415.3 159 141.3 206.7 11.3 264.4
Net margin 22.74% 10.53% 8.59% 13.85% 3.43% 7.77%
EPS 2 3.510 1.340 1.196 1.749 0.0957 2.238
Free Cash Flow 1 -783.2 -2,205 -142.7 563.5 -2,173 682.3
FCF margin -42.88% -146.03% -8.68% 37.75% -660% 20.06%
FCF Conversion (EBITDA) - - - 212.79% - 209.77%
FCF Conversion (Net income) - - - 272.63% - 258.06%
Dividend per Share 2 1.500 1.200 1.200 1.300 1.200 -
Announcement Date 4/1/19 3/31/20 3/30/21 3/23/22 5/26/23 3/20/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,465 3,832 4,102 3,660 5,983 5,381
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.219 x 18.07 x 22.47 x 13.82 x 321.7 x 16.55 x
Free Cash Flow 1 -783 -2,205 -143 563 -2,173 682
ROE (net income / shareholders' equity) 22.7% 8.18% 7.3% 10.5% 0.59% 13.8%
ROA (Net income/ Total Assets) 7.66% 2.32% 1.53% 2.11% 0.12% 2.03%
Assets 1 5,422 6,859 9,238 9,791 9,130 13,046
Book Value Per Share 2 16.50 16.40 16.40 16.90 15.70 16.80
Cash Flow per Share 2 4.720 1.820 1.100 2.970 1.720 2.720
Capex 1 2.44 0.09 - - 0.31 0.72
Capex / Sales 0.13% 0.01% - - 0.09% 0.02%
Announcement Date 4/1/19 3/31/20 3/30/21 3/23/22 5/26/23 3/20/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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