XTAI2439
Market cap816mUSD
Dec 23, Last price
107.00TWD
1D
0.00%
1Q
-18.01%
Jan 2017
-11.34%
Name
Merry Electronics Co Ltd
Chart & Performance
Profile
Merry Electronics Co., Ltd. engages in the manufacture, processing, repair, and sale of electric appliances, audiovisual electric products, telecommunication equipment and apparatus, computers and computing peripheral equipment, restrained telecom radio frequency equipment, medical appliances, and electronic parts and components in the United States, the Netherlands, Denmark, Switzerland, China, and internationally. It offers microphones, receivers, earphones, speakers and speaker monomers, and sound equipment; power amplifiers, charging boxes, and mobile power supply products; hearing aids and devices and acoustics equipment; medical and rehabilitation devices; cables, connectors, and electronic components; security systems; induction cookers; plastic hardware products; and moulds and antennas. The company is also involved in the research, development, and sale of software for hearing aid usage; plastic injection molding and metal stamping; international and transit trade; trading consulting; and electric wire and cable processing activities. Its products are used in mobile communication, multimedia and entertainment, and medical and healthcare applications, as well as smart homes and accessories. The company was incorporated in 1975 and is based in Taichung, Taiwan.
Valuation
Title TWD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 36,690,383 3.65% | 35,398,690 -2.17% | 36,182,719 5.05% | |||||||
Cost of revenue | 35,556,200 | 34,338,424 | 35,077,218 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,134,183 | 1,060,266 | 1,105,501 | |||||||
NOPBT Margin | 3.09% | 3.00% | 3.06% | |||||||
Operating Taxes | 467,598 | 427,970 | 291,083 | |||||||
Tax Rate | 41.23% | 40.36% | 26.33% | |||||||
NOPAT | 666,585 | 632,296 | 814,418 | |||||||
Net income | 1,320,318 -9.28% | 1,455,398 28.97% | 1,128,485 -14.63% | |||||||
Dividends | (981,235) | (866,040) | (1,068,213) | |||||||
Dividend yield | 3.66% | 4.46% | 4.75% | |||||||
Proceeds from repurchase of equity | 15,309,875 | |||||||||
BB yield | -68.14% | |||||||||
Debt | ||||||||||
Debt current | 4,640,146 | 2,598,770 | 3,908,363 | |||||||
Long-term debt | 1,192,003 | 4,140,174 | 4,446,178 | |||||||
Deferred revenue | 590,487 | 650,862 | 82,477 | |||||||
Other long-term liabilities | 48,017 | 64,032 | 29,309 | |||||||
Net debt | (7,310,186) | (5,876,775) | (2,226,736) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,223,340 | 4,683,172 | 2,659,945 | |||||||
CAPEX | (530,445) | (625,158) | (1,326,979) | |||||||
Cash from investing activities | (1,353,354) | 66,579 | (1,631,507) | |||||||
Cash from financing activities | (2,017,164) | (2,815,386) | 846,470 | |||||||
FCF | 218,339 | 1,592,419 | (1,581,929) | |||||||
Balance | ||||||||||
Cash | 6,701,726 | 7,749,498 | 6,320,737 | |||||||
Long term investments | 6,440,609 | 4,866,221 | 4,260,540 | |||||||
Excess cash | 11,307,816 | 10,845,784 | 8,772,141 | |||||||
Stockholders' equity | 9,571,120 | 9,214,529 | 8,339,434 | |||||||
Invested Capital | 10,287,443 | 10,841,369 | 12,005,625 | |||||||
ROIC | 6.31% | 5.54% | 7.78% | |||||||
ROCE | 5.30% | 4.91% | 5.10% | |||||||
EV | ||||||||||
Common stock shares outstanding | 244,827 | 243,579 | 238,013 | |||||||
Price | 109.50 37.39% | 79.70 -15.57% | 94.40 -35.25% | |||||||
Market cap | 26,808,556 38.09% | 19,413,246 -13.60% | 22,468,427 -31.63% | |||||||
EV | 20,359,446 | 14,320,320 | 20,782,183 | |||||||
EBITDA | 1,957,795 | 1,824,043 | 1,831,588 | |||||||
EV/EBITDA | 10.40 | 7.85 | 11.35 | |||||||
Interest | 100,497 | 105,635 | 84,329 | |||||||
Interest/NOPBT | 8.86% | 9.96% | 7.63% |