Financials Taiwan Optical Platform Co., Ltd.

Equities

6464

TW0006464001

Broadcasting

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
85.6 TWD +0.12% Intraday chart for Taiwan Optical Platform Co., Ltd. 0.00% -0.47%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 14,010 13,987 14,340 11,871 12,630 10,975
Enterprise Value (EV) 1 13,038 22,720 22,551 18,896 19,289 17,216
P/E ratio 21.9 x 20.1 x 13.5 x 11 x 14.5 x 14.9 x
Yield - 3.51% 2.3% 4.94% 5.17% -
Capitalization / Revenue 4.78 x 4.53 x 3.31 x 2.77 x 2.9 x 2.63 x
EV / Revenue 4.45 x 7.36 x 5.21 x 4.41 x 4.43 x 4.12 x
EV / EBITDA 10.1 x 17.1 x 11.2 x 9.66 x 10.2 x 9.67 x
EV / FCF 23.7 x 27.8 x 15.1 x 27.2 x 22.4 x 22.1 x
FCF Yield 4.22% 3.59% 6.64% 3.67% 4.47% 4.52%
Price to Book 2.15 x 2.15 x 2.03 x 1.48 x 1.56 x 1.39 x
Nbr of stocks (in thousands) 133,641 132,098 131,613 131,613 130,613 127,613
Reference price 2 104.8 105.9 109.0 90.20 96.70 86.00
Announcement Date 2/27/19 3/31/20 2/26/21 2/26/22 5/8/23 3/14/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,932 3,086 4,329 4,280 4,359 4,177
EBITDA 1 1,292 1,329 2,018 1,955 1,894 1,779
EBIT 1 760.7 827.9 1,460 1,497 1,451 1,349
Operating Margin 25.95% 26.82% 33.73% 34.99% 33.29% 32.3%
Earnings before Tax (EBT) 1 822.7 865.8 1,320 1,369 1,164 994.8
Net income 1 636.9 697.3 1,067 1,078 873.6 738
Net margin 21.73% 22.59% 24.64% 25.17% 20.04% 17.67%
EPS 2 4.791 5.276 8.082 8.168 6.650 5.770
Free Cash Flow 1 550.7 816.7 1,497 693.7 863 777.8
FCF margin 18.78% 26.46% 34.57% 16.21% 19.8% 18.62%
FCF Conversion (EBITDA) 42.63% 61.44% 74.18% 35.48% 45.58% 43.71%
FCF Conversion (Net income) 86.46% 117.13% 140.33% 64.38% 98.79% 105.39%
Dividend per Share - 3.715 2.511 4.455 5.000 -
Announcement Date 2/27/19 3/31/20 2/26/21 2/26/22 5/8/23 3/14/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 8,732 8,210 7,025 6,658 6,242
Net Cash position 1 972 - - - - -
Leverage (Debt/EBITDA) - 6.569 x 4.069 x 3.593 x 3.516 x 3.508 x
Free Cash Flow 1 551 817 1,497 694 863 778
ROE (net income / shareholders' equity) 9.7% 10.7% 15.6% 14.2% 10.9% 9.18%
ROA (Net income/ Total Assets) 5.26% 3.59% 4.55% 4.66% 4.69% 4.51%
Assets 1 12,111 19,416 23,441 23,105 18,621 16,381
Book Value Per Share 2 48.80 49.40 53.70 60.80 62.10 61.70
Cash Flow per Share 2 13.30 16.10 16.40 17.10 11.90 14.50
Capex 1 252 335 247 279 271 337
Capex / Sales 8.61% 10.86% 5.71% 6.53% 6.21% 8.08%
Announcement Date 2/27/19 3/31/20 2/26/21 2/26/22 5/8/23 3/14/24
1TWD in Million2TWD
Estimates
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