Financials Sea & Land Integrated Corp.

Equities

5603

TW0005603005

Ground Freight & Logistics

End-of-day quote Taipei Exchange 06:00:00 2024-05-07 pm EDT 5-day change 1st Jan Change
23.1 TWD +0.87% Intraday chart for Sea & Land Integrated Corp. +0.22% +5.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 869.4 892.9 1,594 2,618 2,276 2,307
Enterprise Value (EV) 1 1,288 1,492 1,940 2,483 2,421 2,673
P/E ratio 201 x -75.3 x 14.4 x 3.58 x 11.5 x 11.5 x
Yield - - 4.91% 12.3% 4.61% 5.45%
Capitalization / Revenue 0.49 x 0.56 x 0.91 x 1.32 x 1.16 x 1.28 x
EV / Revenue 0.73 x 0.93 x 1.11 x 1.25 x 1.24 x 1.48 x
EV / EBITDA 12.5 x 16.3 x 12.6 x 13.3 x 11.2 x 14.3 x
EV / FCF -22.7 x -8.8 x 15.3 x -28.6 x -78.8 x -20 x
FCF Yield -4.4% -11.4% 6.54% -3.49% -1.27% -5%
Price to Book 0.77 x 0.8 x 1.31 x 1.39 x 1.31 x 1.26 x
Nbr of stocks (in thousands) 104,877 104,877 104,877 104,877 104,877 104,877
Reference price 2 8.290 8.514 15.20 24.96 21.70 22.00
Announcement Date 3/29/19 3/31/20 3/30/21 3/28/22 3/20/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,757 1,608 1,747 1,988 1,957 1,803
EBITDA 1 103 91.56 154.4 186.8 216.6 187.4
EBIT 1 9.173 -5.332 57.9 98.36 127.8 88.19
Operating Margin 0.52% -0.33% 3.31% 4.95% 6.53% 4.89%
Earnings before Tax (EBT) 1 7.868 0.814 138.5 776.7 247.3 227.3
Net income 1 4.325 -11.85 111.2 742.6 198.5 202.9
Net margin 0.25% -0.74% 6.37% 37.35% 10.14% 11.25%
EPS 2 0.0412 -0.1130 1.053 6.969 1.880 1.920
Free Cash Flow 1 -56.65 -169.5 126.8 -86.72 -30.73 -133.5
FCF margin -3.22% -10.54% 7.26% -4.36% -1.57% -7.4%
FCF Conversion (EBITDA) - - 82.11% - - -
FCF Conversion (Net income) - - 114% - - -
Dividend per Share - - 0.7468 3.077 1.000 1.200
Announcement Date 3/29/19 3/31/20 3/30/21 3/28/22 3/20/23 3/14/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 418 599 346 - 145 365
Net Cash position 1 - - - 135 - -
Leverage (Debt/EBITDA) 4.061 x 6.544 x 2.238 x - 0.6689 x 1.95 x
Free Cash Flow 1 -56.6 -170 127 -86.7 -30.7 -134
ROE (net income / shareholders' equity) 0.14% -0.67% 10.2% 46% 11.5% 11.2%
ROA (Net income/ Total Assets) 0.26% -0.15% 1.55% 2.34% 2.89% 2.03%
Assets 1 1,648 8,015 7,180 31,694 6,870 9,974
Book Value Per Share 2 10.80 10.70 11.60 18.00 16.60 17.50
Cash Flow per Share 2 0.9300 0.7500 1.910 4.260 1.670 1.120
Capex 1 158 261 32.6 208 346 180
Capex / Sales 8.97% 16.25% 1.87% 10.44% 17.7% 9.96%
Announcement Date 3/29/19 3/31/20 3/30/21 3/28/22 3/20/23 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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