Financials Maxigen Biotech Inc.

Equities

1783

TW0001783009

Personal Products

End-of-day quote Taiwan S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
42.9 TWD -0.23% Intraday chart for Maxigen Biotech Inc. +1.54% -11.36%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,608 1,754 1,591 3,996 4,036 4,304
Enterprise Value (EV) 1 1,439 1,563 1,393 3,479 3,236 3,873
P/E ratio 29.9 x 30.7 x 25.2 x 43.2 x 29.1 x 26.2 x
Yield 2.94% 3.09% 3.19% - 1.05% -
Capitalization / Revenue 3.76 x 3.88 x 3.48 x 7.81 x 6.68 x 6.92 x
EV / Revenue 3.37 x 3.46 x 3.04 x 6.79 x 5.35 x 6.23 x
EV / EBITDA 19.9 x 16.4 x 15.3 x 29.1 x 20.7 x 21.9 x
EV / FCF 17.8 x 22.2 x 37.5 x 48.7 x 15.4 x 42.4 x
FCF Yield 5.61% 4.51% 2.67% 2.06% 6.48% 2.36%
Price to Book 1.92 x 2.06 x 1.85 x 3.5 x 3.11 x 3.16 x
Nbr of stocks (in thousands) 80,232 80,232 80,232 88,934 88,934 88,934
Reference price 2 20.04 21.86 19.83 44.94 45.38 48.40
Announcement Date 3/27/19 3/31/20 3/25/21 3/23/22 3/23/23 3/21/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 427.7 452.2 457.7 512 604.4 622.1
EBITDA 1 72.42 95.14 91.12 119.7 156.7 177.1
EBIT 1 46.19 65.62 61.01 89.95 128.6 149.8
Operating Margin 10.8% 14.51% 13.33% 17.57% 21.28% 24.09%
Earnings before Tax (EBT) 1 57.31 72.8 76.74 97.47 165.8 193.1
Net income 1 57.06 60.11 63.31 87.67 139.4 165.8
Net margin 13.34% 13.29% 13.83% 17.12% 23.06% 26.66%
EPS 2 0.6714 0.7128 0.7879 1.039 1.562 1.850
Free Cash Flow 1 80.73 70.46 37.15 71.5 209.7 91.4
FCF margin 18.88% 15.58% 8.12% 13.97% 34.69% 14.69%
FCF Conversion (EBITDA) 111.49% 74.05% 40.77% 59.72% 133.81% 51.61%
FCF Conversion (Net income) 141.5% 117.21% 58.68% 81.56% 150.42% 55.12%
Dividend per Share 2 0.5892 0.6753 0.6320 - 0.4762 -
Announcement Date 3/27/19 3/31/20 3/25/21 3/23/22 3/23/23 3/21/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 169 191 198 518 800 431
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 80.7 70.5 37.2 71.5 210 91.4
ROE (net income / shareholders' equity) 6.96% 7.1% 7.4% 8.76% 11.4% 12.5%
ROA (Net income/ Total Assets) 2.58% 3.53% 3.56% 5.06% 5.93% 6.37%
Assets 1 2,213 1,701 1,778 1,732 2,352 2,603
Book Value Per Share 2 10.40 10.60 10.70 12.80 14.60 15.30
Cash Flow per Share 2 2.300 3.340 2.610 5.770 8.890 4.850
Capex 1 19.6 23.1 10.7 14.3 14.3 22.4
Capex / Sales 4.57% 5.1% 2.35% 2.78% 2.36% 3.61%
Announcement Date 3/27/19 3/31/20 3/25/21 3/23/22 3/23/23 3/21/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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