Financials Enlight Corporation

Equities

2438

TW0002438009

Electronic Equipment & Parts

End-of-day quote Taiwan S.E. 06:00:00 2024-07-15 pm EDT 5-day change 1st Jan Change
67.5 TWD -10.00% Intraday chart for Enlight Corporation -2.17% +193.48%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 646.5 809.3 635.1 960.1 836.7 1,384
Enterprise Value (EV) 1 516.6 651.2 410.8 743.2 587.8 1,708
P/E ratio 75.4 x -9.83 x 151 x -228 x -37.3 x -23 x
Yield - - - - - -
Capitalization / Revenue 1.46 x 1.88 x 1.67 x 2.55 x 3.98 x 11.7 x
EV / Revenue 1.16 x 1.51 x 1.08 x 1.97 x 2.8 x 14.5 x
EV / EBITDA 4.09 x 6.96 x 6.93 x 12.1 x -111 x -33.8 x
EV / FCF 4.68 x 11.8 x 5.08 x 15 x 11.1 x -27.8 x
FCF Yield 21.3% 8.47% 19.7% 6.65% 8.99% -3.6%
Price to Book 1.1 x 1.38 x 1.08 x 1.63 x 1.48 x 2.69 x
Nbr of stocks (in thousands) 60,196 60,196 60,196 60,196 60,196 60,196
Reference price 2 10.74 13.45 10.55 15.95 13.90 23.00
Announcement Date 3/29/19 3/30/20 3/29/21 3/29/22 3/29/23 3/29/24
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 444.2 431.4 379.4 376.5 210.1 117.9
EBITDA 1 126.4 93.57 59.29 61.26 -5.311 -50.5
EBIT 1 69.94 37.12 5.377 25.44 -31.72 -68.94
Operating Margin 15.75% 8.61% 1.42% 6.76% -15.1% -58.49%
Earnings before Tax (EBT) 1 76.4 -41.85 31.17 30.56 -21.19 -59.81
Net income 1 8.984 -82.3 4.333 -4.082 -22.46 -57.69
Net margin 2.02% -19.08% 1.14% -1.08% -10.69% -48.95%
EPS 2 0.1424 -1.367 0.0700 -0.0700 -0.3731 -0.9999
Free Cash Flow 1 110.3 55.13 80.92 49.39 52.87 -61.47
FCF margin 24.83% 12.78% 21.33% 13.12% 25.17% -52.15%
FCF Conversion (EBITDA) 87.26% 58.91% 136.47% 80.61% - -
FCF Conversion (Net income) 1,227.59% - 1,867.51% - - -
Dividend per Share - - - - - -
Announcement Date 3/29/19 3/30/20 3/29/21 3/29/22 3/29/23 3/29/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 323
Net Cash position 1 130 158 224 217 249 -
Leverage (Debt/EBITDA) - - - - - -6.405 x
Free Cash Flow 1 110 55.1 80.9 49.4 52.9 -61.5
ROE (net income / shareholders' equity) 6.38% -6.68% 2.68% 2.22% -2.78% -9.55%
ROA (Net income/ Total Assets) 4.25% 2.31% 0.35% 1.65% -2.17% -3.9%
Assets 1 211.6 -3,555 1,252 -248.1 1,035 1,479
Book Value Per Share 2 9.790 9.750 9.780 9.780 9.400 8.560
Cash Flow per Share 2 3.360 3.720 3.610 3.500 2.870 3.530
Capex 1 10.3 11 8.49 12.5 4.12 8.53
Capex / Sales 2.32% 2.55% 2.24% 3.33% 1.96% 7.24%
Announcement Date 3/29/19 3/30/20 3/29/21 3/29/22 3/29/23 3/29/24
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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