Financials GrandTech C.G. Systems Inc.

Equities

6123

TW0006123003

Computer Hardware

End-of-day quote Taipei Exchange 06:00:00 2024-07-15 pm EDT 5-day change 1st Jan Change
67.4 TWD +0.30% Intraday chart for GrandTech C.G. Systems Inc. -0.74% +1.81%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025
Capitalization 1 2,868 3,328 4,110 4,172 -
Enterprise Value (EV) 1 2,868 3,328 4,110 4,172 4,172
P/E ratio 10.3 x - - - -
Yield - - - - -
Capitalization / Revenue - - 0.79 x 0.74 x 0.71 x
EV / Revenue - - 0.79 x 0.74 x 0.71 x
EV / EBITDA - 7.07 x 10.2 x 8.1 x 7.9 x
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book - - - - -
Nbr of stocks (in thousands) 57,589 62,089 62,089 62,089 -
Reference price 2 49.80 53.60 66.20 67.20 67.20
Announcement Date 3/16/22 3/14/23 3/26/24 - -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025
Net sales 1 - - 5,210 5,672 5,878
EBITDA 1 - 470.8 403.6 515 528
EBIT 1 - 427.6 361.3 425 439
Operating Margin - - 6.93% 7.49% 7.47%
Earnings before Tax (EBT) - - - - -
Net income 279.9 - - - -
Net margin - - - - -
EPS 4.850 - - - -
Free Cash Flow - - - - -
FCF margin - - - - -
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share - - - - -
Announcement Date 3/16/22 3/14/23 3/26/24 - -
1TWD in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - - 1,238 1,183 1,502 1,288 1,304 1,338 1,664 1,365 1,281 1,419
EBITDA - - 93.64 88.53 - - - - - - - -
EBIT 1 - 113 83.5 77.68 98.19 101.9 84.41 106 124 111 82 112
Operating Margin - - 6.74% 6.57% 6.54% 7.92% 6.47% 7.92% 7.45% 8.13% 6.4% 7.89%
Earnings before Tax (EBT) - - - - - - - - - - - -
Net income 92.14 - 62.08 68.21 74.44 - - - - - - -
Net margin - - 5.01% 5.77% 4.96% - - - - - - -
EPS 1.600 - 1.000 1.100 1.200 - - - - - - -
Dividend per Share - - - - - - - - - - - -
Announcement Date 11/4/22 3/14/23 5/10/23 8/10/23 11/6/23 3/26/24 5/9/24 - - - - -
1TWD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - - - - -
ROE (net income / shareholders' equity) - 25.8% 17.4% 14.4% 14.4%
ROA (Net income/ Total Assets) - 10.7% 7.6% 6.42% 6.38%
Assets - - - - -
Book Value Per Share - - - - -
Cash Flow per Share - - - - -
Capex 1 - 9.28 11.3 12 12
Capex / Sales - - 0.22% 0.21% 0.2%
Announcement Date 3/16/22 3/14/23 3/26/24 - -
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
67.2 TWD
Average target price
90 TWD
Spread / Average Target
+33.93%
Consensus
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