Financials Ibase Gaming Inc.

Equities

6441

TW0006441009

Casinos & Gaming

End-of-day quote Taipei Exchange 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
38.7 TWD +0.39% Intraday chart for Ibase Gaming Inc. +1.31% -28.33%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,406 1,535 4,650 2,427 2,227 2,879
Enterprise Value (EV) 1 988.3 1,952 5,037 2,527 2,706 3,096
P/E ratio 23 x 644 x -97.6 x -19.8 x 2,615 x -38 x
Yield - 0.19% - - - -
Capitalization / Revenue 1.31 x 2.42 x 3.54 x 1.59 x 3.83 x 4.22 x
EV / Revenue 0.92 x 3.07 x 3.83 x 1.66 x 4.66 x 4.53 x
EV / EBITDA 15.5 x 145 x -157 x -20.1 x -79.2 x -73.3 x
EV / FCF 20.9 x -2.65 x -12.7 x -9.12 x -28.3 x -21.9 x
FCF Yield 4.79% -37.8% -7.87% -11% -3.54% -4.57%
Price to Book 1.85 x 2.29 x 4.18 x 2.38 x 2.14 x 2.01 x
Nbr of stocks (in thousands) 34,941 33,909 42,272 42,434 43,318 53,318
Reference price 2 40.25 45.26 110.0 57.20 51.40 54.00
Announcement Date 3/29/19 3/30/20 5/3/21 3/30/22 3/31/23 3/15/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,071 634.7 1,315 1,526 581.3 682.8
EBITDA 1 63.96 13.48 -32.02 -125.4 -34.17 -42.26
EBIT 1 51.78 -0.287 -61.95 -155.9 -66.38 -88.07
Operating Margin 4.83% -0.05% -4.71% -10.21% -11.42% -12.9%
Earnings before Tax (EBT) 1 76.35 2.932 -53.91 -125.7 4.785 -76.98
Net income 1 60.99 2.514 -42.58 -122.5 0.851 -69.98
Net margin 5.69% 0.4% -3.24% -8.03% 0.15% -10.25%
EPS 2 1.749 0.0703 -1.127 -2.885 0.0197 -1.420
Free Cash Flow 1 47.3 -737.1 -396.4 -277.2 -95.67 -141.4
FCF margin 4.42% -116.14% -30.13% -18.16% -16.46% -20.71%
FCF Conversion (EBITDA) 73.94% - - - - -
FCF Conversion (Net income) 77.55% - - - - -
Dividend per Share - 0.0879 - - - -
Announcement Date 3/29/19 3/30/20 5/3/21 3/30/22 3/31/23 3/15/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 417 387 99.6 479 217
Net Cash position 1 418 - - - - -
Leverage (Debt/EBITDA) - 30.94 x -12.08 x -0.794 x -14.03 x -5.139 x
Free Cash Flow 1 47.3 -737 -396 -277 -95.7 -141
ROE (net income / shareholders' equity) 7.78% 0.35% -4.7% -11.1% -0.09% -5.53%
ROA (Net income/ Total Assets) 3.37% -0.02% -1.79% -3.48% -1.85% -2.79%
Assets 1 1,812 -16,013 2,383 3,521 -46.05 2,509
Book Value Per Share 2 21.70 19.80 26.30 24.00 24.00 26.90
Cash Flow per Share 2 8.130 3.820 11.40 19.60 2.480 1.860
Capex 1 1.48 715 258 32.2 425 51.8
Capex / Sales 0.14% 112.64% 19.62% 2.11% 73.16% 7.58%
Announcement Date 3/29/19 3/30/20 5/3/21 3/30/22 3/31/23 3/15/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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