Financials Ace Bed Company Limited

Equities

A003800

KR7003800000

Home Furnishings

End-of-day quote Korea S.E. 23:00:00 16/05/2024 BST 5-day change 1st Jan Change
27,900 KRW +1.09% Intraday chart for Ace Bed Company Limited +5.88% +5.48%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 357,257 390,599 441,346 368,045 279,231
Enterprise Value (EV) 1 336,605 358,931 372,382 274,807 191,755
P/E ratio 8.1 x 7.92 x 6.91 x 6.78 x 5.43 x
Yield 3.15% 2.89% 3.09% 3.7% 5.29%
Capitalization / Revenue 1.29 x 1.35 x 1.27 x 1.06 x 0.91 x
EV / Revenue 1.21 x 1.24 x 1.08 x 0.79 x 0.63 x
EV / EBITDA 5.88 x 6.23 x 4.3 x 3.62 x 2.81 x
EV / FCF - -108,138,732 x 21,060,089 x -30,478,861 x -12,227,621 x
FCF Yield - -0% 0% -0% -0%
Price to Book 0.76 x 0.77 x 0.78 x 0.62 x 0.43 x
Nbr of stocks (in thousands) 10,222 10,252 10,252 10,252 10,557
Reference price 2 34,950 38,100 43,050 35,900 26,450
Announcement Date 09/03/21 09/03/21 10/03/22 08/03/23 06/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 277,433 289,499 346,375 346,241 306,415
EBITDA 1 57,268 57,609 86,547 75,987 68,149
EBIT 1 49,912 49,323 76,751 65,335 57,030
Operating Margin 17.99% 17.04% 22.16% 18.87% 18.61%
Earnings before Tax (EBT) 1 58,524 65,392 85,524 71,308 63,305
Net income 1 44,216 49,327 63,884 54,407 51,420
Net margin 15.94% 17.04% 18.44% 15.71% 16.78%
EPS 2 4,313 4,811 6,231 5,293 4,871
Free Cash Flow - -3,319 17,682 -9,016 -15,682
FCF margin - -1.15% 5.1% -2.6% -5.12%
FCF Conversion (EBITDA) - - 20.43% - -
FCF Conversion (Net income) - - 27.68% - -
Dividend per Share 2 1,100 1,100 1,330 1,330 1,400
Announcement Date 09/03/21 09/03/21 10/03/22 08/03/23 06/03/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 - - - - -
Net Cash position 1 20,652 31,668 68,964 93,238 87,476
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - -3,319 17,682 -9,016 -15,682
ROE (net income / shareholders' equity) - 10.1% 11.9% 9.24% 8.11%
ROA (Net income/ Total Assets) - 5.63% 7.87% 6.15% 5.08%
Assets 1 - 876,598 811,396 884,747 1,011,393
Book Value Per Share 2 45,701 49,448 54,880 58,224 61,828
Cash Flow per Share 2 1,739 2,443 5,086 3,348 3,577
Capex 1 45,970 45,346 63,915 53,027 63,353
Capex / Sales 16.57% 15.66% 18.45% 15.32% 20.68%
Announcement Date 09/03/21 09/03/21 10/03/22 08/03/23 06/03/24
1KRW in Million2KRW
Estimates
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