Financials WW Holding Inc.

Equities

8442

KYG981151015

Apparel & Accessories

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
118 TWD -0.42% Intraday chart for WW Holding Inc. -2.07% +12.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 3,264 2,820 2,616 4,788 6,899 7,795
Enterprise Value (EV) 1 3,264 2,820 2,616 4,788 6,899 7,795
P/E ratio 13 x -18.4 x 34.9 x 7.72 x 10.4 x 10.5 x
Yield - - - - - -
Capitalization / Revenue 0.51 x 0.75 x 0.48 x - 0.87 x 0.85 x
EV / Revenue 0.51 x 0.75 x 0.48 x - 0.87 x 0.85 x
EV / EBITDA 6,875,596 x 32,160,404 x - - - -
EV / FCF - - - - - 31.6 x
FCF Yield - - - - - 3.17%
Price to Book 1.48 x 1.68 x 1.55 x - - -
Nbr of stocks (in thousands) 60,000 60,000 60,000 60,000 65,705 66,059
Reference price 2 54.40 47.00 43.60 79.80 105.0 118.0
Announcement Date 3/29/20 3/30/21 3/30/22 3/30/23 3/20/24 -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 1 6,458 3,742 5,400 - 7,921 9,158
EBITDA 474.7 87.68 - - - -
EBIT 1 250.6 -112.4 76.31 - 677.1 862
Operating Margin 3.88% -3% 1.41% - 8.55% 9.41%
Earnings before Tax (EBT) 1 226.2 -155.4 84.66 - 629.5 822
Net income 1 212.4 -153.4 75.32 636.3 616.6 740
Net margin 3.29% -4.1% 1.39% - 7.78% 8.08%
EPS 2 4.200 -2.560 1.250 10.34 10.07 11.26
Free Cash Flow 1 - - - - - 247
FCF margin - - - - - 2.7%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - 33.38%
Dividend per Share - - - - - -
Announcement Date 3/29/20 3/30/21 3/30/22 3/30/23 3/20/24 -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2022 Q1 2022 Q2 2022 Q3 2023 Q3 2023 Q4
Net sales 1 1,262 1,716 2,372 2,314 - 1,898
EBITDA - - - - - -
EBIT 1 -10.71 78.66 215.2 207.4 - 193.9
Operating Margin -0.85% 4.58% 9.07% 8.96% - 10.22%
Earnings before Tax (EBT) 1 1.071 71.83 231.9 230.3 - 142.7
Net income 1 2.18 64.84 215.2 205.3 226.5 126.7
Net margin 0.17% 3.78% 9.07% 8.87% - 6.68%
EPS 2 0.0400 1.080 3.580 3.400 3.680 2.000
Dividend per Share - - - - - -
Announcement Date 11/15/21 5/16/22 8/29/22 11/14/22 11/14/23 3/20/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - - - - - 247
ROE (net income / shareholders' equity) 13.6% -8.68% - - - 19.5%
ROA (Net income/ Total Assets) 4.88% -3.76% - - - 10.5%
Assets 1 4,352 4,077 - - - 7,061
Book Value Per Share 36.80 27.90 28.10 - - -
Cash Flow per Share - - - - - -
Capex 1 87.3 50.2 116 - - 100
Capex / Sales 1.35% 1.34% 2.15% - - 1.09%
Announcement Date 3/29/20 3/30/21 3/30/22 3/30/23 3/20/24 -
1TWD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
118 TWD
Average target price
136 TWD
Spread / Average Target
+15.25%
Consensus
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