Winmate Inc

Chart & Performance

D1W1MN

P/E

21.74

P/S

3.98

EPS

7.02

Div Yield, %

3.35%

Shrs. gr., 5y

2.93%

Rev. gr., 5y

12.92%

Revenues

3.06b

+17.67%

Net income

559m

+10.57%

CFO

665m

+3.13%

Dividend

Jun 28, 20245.10711 TWD/sh

Profile

WinMate Inc. engages in the research and development, manufacture, and sales of rugged display equipment and rugged mobile computer in Europe, Asia, the United States, and internationally. The company offers enterprise mobility products, including rugged laptops, handheld computers, and tablets; windows and android vehicle mounted computers; standalone panel PC HMI, industrial panel PCs, stainless panel PCs, rugged Panel PCs, ATEX grade rugged computers, HMI, and bar type panel PC products; and healthcare rugged tablets and displays. It also provides multi-touch, open frame, chassis, panel mount, front IP65, power over ethernet touch, USB Type-C, stainless, G-WIN, rear mount, ATEX grade, SDI series, rack mount, bar type, and LCD scaler board display products; embedded computing/peripherals products, such as box PC, IoT gateway, rack server, embedded board, and power converter board products; defense rugged handheld computers, rugged tablets, panel PCs, displays, and servers; and marine panel PC, display, and embedded computing products. It serves food and hygienic, warehousing and logistics, healthcare, heavy duty, robot controller, industrial automation, energy and utility, marine, renewable energy, metals and mining, automotive technology, public safety, defense, self-service kiosks, transportation, IIOT and edge computing, government, and infrastructure sectors. WinMate Inc. was incorporated in 1996 and is headquartered in New Taipei City, Taiwan.

URL

https://www.winmate.com.tw/

IPO date

Jan 12, 2005

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title TWD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title TWD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	3,057,605 17.67%	2,598,533 -2.28%	2,659,296 6.30%
Cost of revenue	2,448,569	2,018,423	2,160,521
Unusual Expense (Income)
NOPBT	609,036	580,110	498,775
NOPBT Margin	19.92%	22.32%	18.76%
Operating Taxes	120,518	113,300	111,328
Tax Rate	19.79%	19.53%	22.32%
NOPAT	488,518	466,810	387,447
Net income	559,453 10.57%	505,952 11.83%	452,429 24.05%
Dividends	(407,274)	(366,021)	(326,425)
Dividend yield	3.02%	3.72%	4.89%
Proceeds from repurchase of equity			3,486
BB yield			-0.05%
Debt
Debt current	5,599	102,895	452,381
Long-term debt	501,295	28,543	17,458
Deferred revenue
Other long-term liabilities	634	2,443	1,924
Net debt	(413,389)	(1,042,231)	(177,348)
Cash flow
Cash from operating activities	664,841	644,681	328,935
CAPEX	(306,403)	(256,988)	(168,937)
Cash from investing activities	(716,171)	(75,798)	(53,307)
Cash from financing activities	59,732	(370,658)	(326,313)
FCF	318,084	163,656	92,936
Balance
Cash	1,640,773	1,277,037	1,265,274
Long term investments	(720,490)	(103,368)	(618,087)
Excess cash	767,403	1,043,742	514,222
Stockholders' equity	1,820,104	1,612,117	1,801,316
Invested Capital	3,089,543	2,144,329	2,360,253
ROIC	18.67%	20.73%	17.26%
ROCE	15.78%	18.20%	17.35%
EV
Common stock shares outstanding	84,102	80,288	80,442
Price	160.50 31.02%	122.50 47.59%	83.00 5.87%
Market cap	13,498,371 37.24%	9,835,280 47.31%	6,676,686 6.70%
EV	13,087,472	8,793,049	6,499,338
EBITDA	658,029	614,938	536,799
EV/EBITDA	19.89	14.30	12.11
Interest	12,301	3,644	6,942
Interest/NOPBT	2.02%	0.63%	1.39%