Financials Reward Wool Industry Corporation

Equities

1423

TW0001423002

Textiles & Leather Goods

End-of-day quote Taiwan S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
31.55 TWD +0.16% Intraday chart for Reward Wool Industry Corporation +0.32% +1.12%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,446 1,432 2,221 2,761 2,789 3,109
Enterprise Value (EV) 1 826.8 901.8 1,741 2,242 2,149 2,411
P/E ratio 16.3 x -39.6 x 6.32 x 18.1 x 38 x 54.7 x
Yield - 1.16% 11.2% 3.76% 0.99% 1.92%
Capitalization / Revenue 1.9 x 3.15 x 11 x 14.5 x 15.9 x 25 x
EV / Revenue 1.09 x 1.98 x 8.59 x 11.8 x 12.2 x 19.4 x
EV / EBITDA 17.4 x -13.4 x -9.44 x -39.4 x -76.9 x -38.9 x
EV / FCF -40.7 x -13.5 x 47.5 x 21 x 28 x 99.3 x
FCF Yield -2.46% -7.41% 2.1% 4.76% 3.57% 1.01%
Price to Book 0.6 x 0.61 x 0.74 x 0.89 x 0.92 x 1.09 x
Nbr of stocks (in thousands) 99,649 99,649 99,649 99,649 99,649 99,648
Reference price 2 14.51 14.38 22.29 27.71 27.99 31.20
Announcement Date 3/25/19 3/25/20 6/4/21 3/25/22 3/15/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 761.1 455.1 202.7 190.1 175.9 124.2
EBITDA 1 47.4 -67.26 -184.4 -56.89 -27.93 -62.01
EBIT 1 34.06 -80.35 -197.4 -66.2 -36.4 -70.71
Operating Margin 4.48% -17.66% -97.37% -34.82% -20.69% -56.94%
Earnings before Tax (EBT) 1 110 -42.31 404.8 192.9 85.14 92.61
Net income 1 102.7 -36.18 354 153.9 73.35 70.53
Net margin 13.49% -7.95% 174.63% 80.96% 41.69% 56.8%
EPS 2 0.8889 -0.3631 3.528 1.528 0.7361 0.5700
Free Cash Flow 1 -20.31 -66.84 36.63 106.8 76.83 24.27
FCF margin -2.67% -14.69% 18.07% 56.17% 43.67% 19.54%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - 10.35% 69.39% 104.74% 34.41%
Dividend per Share - 0.1667 2.500 1.042 0.2778 0.6000
Announcement Date 3/25/19 3/25/20 6/4/21 3/25/22 3/15/23 3/14/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 619 531 480 519 639 698
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -20.3 -66.8 36.6 107 76.8 24.3
ROE (net income / shareholders' equity) 4.1% -1.52% 13.2% 5.03% 2.38% 2.39%
ROA (Net income/ Total Assets) 0.78% -1.93% -4.17% -1.22% -0.67% -1.37%
Assets 1 13,195 1,873 -8,485 -12,574 -10,873 -5,160
Book Value Per Share 2 24.00 23.70 30.10 31.20 30.50 28.70
Cash Flow per Share 2 3.720 3.020 2.740 4.310 5.520 3.860
Capex 1 4.66 6.22 0.13 3.72 0.71 28.8
Capex / Sales 0.61% 1.37% 0.06% 1.95% 0.4% 23.16%
Announcement Date 3/25/19 3/25/20 6/4/21 3/25/22 3/15/23 3/14/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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