Financials Hon Hai Precision Industry Co., Ltd. Börse Stuttgart

Equities

HHP2

US4380908057

Electronic Equipment & Parts

Delayed Börse Stuttgart Other stock markets 04:31:18 2024-07-12 am EDT			5-day change	1st Jan Change
11.9 ^EUR	-8.46%		+4.84%	+114.88%

Jul. 08	Foxconn Shares Rise Sharply on Record Second-Quarter Revenue	DJ
Jul. 05	Foxconn Posts Jump in June Revenue	MT

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	1,258,625	1,275,259	1,441,597	1,384,765	1,448,528	2,994,086	-	-
Enterprise Value (EV) ¹	1,000,455	722,490	1,205,592	1,237,557	1,024,262	2,580,808	2,586,742	2,519,936
P/E ratio	11 x	12.6 x	10.5 x	9.93 x	10.4 x	19.1 x	14.8 x	13.5 x
Yield	4.63%	4.35%	5%	5.31%	5.17%	2.75%	3.47%	3.96%
Capitalization / Revenue	0.24 x	0.24 x	0.24 x	0.21 x	0.24 x	0.44 x	0.37 x	0.33 x
EV / Revenue	0.19 x	0.13 x	0.2 x	0.19 x	0.17 x	0.38 x	0.32 x	0.28 x
EV / EBITDA	5.5 x	4.11 x	5.37 x	4.95 x	4.08 x	9.05 x	7.47 x	6.46 x
EV / FCF	5.87 x	2.31 x	-6.33 x	105 x	3.07 x	43 x	12.1 x	22.2 x
FCF Yield	17%	43.2%	-15.8%	0.95%	32.6%	2.33%	8.23%	4.5%
Price to Book	1.02 x	0.98 x	1.04 x	0.95 x	0.97 x	1.82 x	1.68 x	1.49 x
Nbr of stocks (in thousands)	13,861,508	13,861,508	13,861,508	13,861,508	13,861,508	13,861,508	-	-
Reference price ²	90.80	92.00	104.0	99.90	104.5	216.0	216.0	216.0
Announcement Date	3/30/20	3/30/21	3/16/22	3/16/23	3/14/24	-	-	-

¹TWD in Million²TWD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	5,342,811	5,358,023	5,994,174	6,626,997	6,162,221	6,734,998	8,134,513	8,991,256
EBITDA ¹	181,906	175,941	224,441	250,248	250,934	285,116	346,281	390,367
EBIT ¹	114,897	110,827	148,959	173,788	166,528	196,587	249,827	286,874
Operating Margin	2.15%	2.07%	2.49%	2.62%	2.7%	2.92%	3.07%	3.19%
Earnings before Tax (EBT) ¹	163,878	145,472	193,572	187,511	192,224	215,627	279,656	304,975
Net income ¹	115,309	101,795	139,320	141,483	142,098	156,361	202,377	218,451
Net margin	2.16%	1.9%	2.32%	2.13%	2.31%	2.32%	2.49%	2.43%
EPS ²	8.240	7.280	9.910	10.06	10.07	11.29	14.55	15.96
Free Cash Flow ¹	170,496	312,124	-190,508	11,773	333,808	60,052	212,989	113,288
FCF margin	3.19%	5.83%	-3.18%	0.18%	5.42%	0.89%	2.62%	1.26%
FCF Conversion (EBITDA)	93.73%	177.4%	-	4.7%	133.03%	21.06%	61.51%	29.02%
FCF Conversion (Net income)	147.86%	306.62%	-	8.32%	234.91%	38.41%	105.24%	51.86%
Dividend per Share ²	4.200	4.000	5.200	5.300	5.400	5.940	7.487	8.545
Announcement Date	3/30/20	3/30/21	3/16/22	3/16/23	3/14/24	-	-	-

¹TWD in Million²TWD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2021 Q4	2022 Q1	2022 Q2	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	1,889,826	1,407,553	1,509,811	1,746,605	1,963,028	1,462,000	1,304,548	1,543,164	1,852,072	1,323,992	1,510,288	1,749,140	2,114,865	1,665,767	1,821,820
EBITDA ¹	76,374	54,051	67,363	63,162	65,672	60,064	52,101	68,552	70,218	57,016	67,729	83,687	101,005	-	-
EBIT ¹	52,720	36,669	44,337	48,549	44,233	40,523	30,925	46,150	48,930	36,751	40,761	54,939	64,264	45,579	54,490
Operating Margin	2.79%	2.61%	2.94%	2.78%	2.25%	2.77%	2.37%	2.99%	2.64%	2.78%	2.7%	3.14%	3.04%	2.74%	2.99%
Earnings before Tax (EBT) ¹	62,208	36,927	46,937	51,196	52,451	20,403	47,705	57,217	66,898	32,509	49,285	62,010	71,822	51,491	61,477
Net income ¹	44,395	29,450	33,294	38,759	39,979	12,820	33,001	43,128	53,145	22,009	34,151	45,637	55,588	38,045	42,692
Net margin	2.35%	2.09%	2.21%	2.22%	2.04%	0.88%	2.53%	2.79%	2.87%	1.66%	2.26%	2.61%	2.63%	2.28%	2.34%
EPS ²	3.130	2.080	2.360	2.750	2.880	0.9100	2.350	3.110	3.700	1.590	2.410	3.237	3.981	2.699	2.882
Dividend per Share ²	-	-	-	-	-	-	-	5.300	-	-	-	5.323	-	-	-
Announcement Date	3/16/22	5/13/22	8/12/22	11/11/22	3/16/23	5/11/23	8/14/23	11/14/23	3/14/24	5/14/24	-	-	-	-	-

¹TWD in Million²TWD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	258,170	552,769	236,004	147,207	424,265	413,278	407,344	474,150
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	170,496	312,124	-190,508	11,773	333,808	60,052	212,989	113,288
ROE (net income / shareholders' equity)	9.41%	8.02%	10.4%	10%	9.65%	9.78%	11.4%	11.5%
ROA (Net income/ Total Assets)	3.44%	2.91%	3.67%	3.52%	3.52%	3.91%	4.61%	4.73%
Assets ¹	3,351,151	3,497,623	3,791,545	4,021,429	4,036,881	3,997,193	4,390,306	4,621,219
Book Value Per Share ²	88.60	93.60	99.60	105.0	108.0	119.0	128.0	145.0
Cash Flow per Share ²	17.70	27.00	-6.990	7.790	31.60	15.20	8.550	10.10
Capex ¹	77,521	65,500	92,296	97,935	111,745	111,570	107,086	99,623
Capex / Sales	1.45%	1.22%	1.54%	1.48%	1.81%	1.66%	1.32%	1.11%
Announcement Date	3/30/20	3/30/21	3/16/22	3/16/23	3/14/24	-	-	-

¹TWD in Million²TWD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Hon Hai Precision Industry Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

216 TWD

Average target price

226.5 TWD

Spread / Average Target

+4.86%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Electronic Component

	1st Jan change	Capi.
AMPHENOL CORPORATION	+42.49%	83.52B
MURATA MANUFACTURING CO., LTD	+19.51%	43.67B
LUXSHARE PRECISION INDUSTRY CO., LTD.	+18.78%	41.47B
LENS TECHNOLOGY CO., LTD.	+49.17%	13.52B
JABIL INC.	-9.57%	12.98B
COHERENT CORP.	+80.45%	11.7B
EOPTOLINK TECHNOLOGY INC., LTD.	+129.83%	11.36B
BYD ELECTRONIC (INTERNATIONAL) COMPANY LIMITED	+0.82%	10.72B
AVIC JONHON OPTRONIC TECHNOLOGY CO.,LTD.	-8.95%	10.66B

Electronic Component