Financials Aekyung Industrial Co., Ltd.

Equities

A018250

KR7018250001

Personal Products

End-of-day quote Korea S.E. 23:00:00 15/05/2024 BST 5-day change 1st Jan Change
20,400 KRW +1.24% Intraday chart for Aekyung Industrial Co., Ltd. +0.99% +9.56%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 750,042 642,143 497,989 547,787 478,561 524,310 -
Enterprise Value (EV) 2 621.5 555.9 395.4 452.4 478.6 393.3 361.3
P/E ratio 18 x 56.1 x 31.7 x 33.1 x 9.83 x 10.3 x 9 x
Yield 1.58% 0.82% 1.05% 1.48% - 2.94% 2.23%
Capitalization / Revenue 1.07 x 1.09 x 0.87 x 0.9 x 0.72 x 0.72 x 0.66 x
EV / Revenue 0.89 x 0.95 x 0.69 x 0.74 x 0.72 x 0.54 x 0.46 x
EV / EBITDA 8.45 x 15.3 x 9.99 x 8.34 x 6.2 x 4.47 x 3.76 x
EV / FCF 37.2 x -24.4 x 12.9 x 38.7 x - 10.6 x 6.45 x
FCF Yield 2.69% -4.09% 7.75% 2.59% - 9.41% 15.5%
Price to Book 2.22 x 1.93 x 1.45 x 1.53 x - 1.25 x 1.1 x
Nbr of stocks (in thousands) 26,410 26,210 26,210 26,210 25,701 25,701 -
Reference price 3 28,400 24,500 19,000 20,900 18,620 20,400 20,400
Announcement Date 10/02/20 04/02/21 08/02/22 03/02/23 26/01/24 - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 701.3 588.1 573.9 610.4 668.9 730 791.5
EBITDA 1 73.56 36.24 39.57 54.25 77.16 88 96
EBIT 1 60.6 22.37 24.38 39.04 61.95 71 79
Operating Margin 8.64% 3.8% 4.25% 6.4% 9.26% 9.73% 9.98%
Earnings before Tax (EBT) 1 55.85 13.23 20.45 22.75 59.09 69 78
Net income 1 41.64 11.46 16.28 16.56 47.67 52 59
Net margin 5.94% 1.95% 2.84% 2.71% 7.13% 7.12% 7.45%
EPS 2 1,581 437.0 600.0 632.0 1,894 1,984 2,266
Free Cash Flow 3 16,706 -22,747 30,647 11,698 - 37,000 56,000
FCF margin 2,381.97% -3,867.66% 5,339.85% 1,916.46% - 5,068.49% 7,075.17%
FCF Conversion (EBITDA) 22,709.67% - 77,448.21% 21,562.28% - 42,045.45% 58,333.33%
FCF Conversion (Net income) 40,116.31% - 188,258.71% 70,655.2% - 71,153.85% 94,915.25%
Dividend per Share 2 450.0 200.0 200.0 310.0 - 600.0 455.0
Announcement Date 10/02/20 04/02/21 08/02/22 03/02/23 26/01/24 - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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
Net sales 1 145.7 150 139.9 141.8 161.7 167.1 157.1 162.1 173.9 175.8 169.1 176 191 194
EBITDA 10.01 - - - - - - - - - - - - -
EBIT 1 6.186 4.705 7.838 4.188 15.23 11.79 15.43 16.56 18.36 11.61 16.47 19 21 15
Operating Margin 4.25% 3.14% 5.6% 2.95% 9.42% 7.05% 9.82% 10.21% 10.55% 6.6% 9.74% 10.8% 10.99% 7.73%
Earnings before Tax (EBT) 1 5.68 - - - - - - 15.64 16.77 6.004 19.09 18 20 10
Net income 4.407 0.638 6.273 3.978 - - - 12.15 12.83 6.34 - - - -
Net margin 3.03% 0.43% 4.48% 2.8% - - - 7.49% 7.38% 3.61% - - - -
EPS - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 05/11/21 08/02/22 10/05/22 04/08/22 03/11/22 03/02/23 10/05/23 10/08/23 06/11/23 26/01/24 09/05/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - - -
Net Cash position 1 129 86.2 103 95.4 - 131 163
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 2 16,706 -22,747 30,647 11,698 - 37,000 56,000
ROE (net income / shareholders' equity) 12.9% 3.39% 4.79% 4.7% - 12.7% 13%
ROA (Net income/ Total Assets) 9.67% 2.57% 3.63% 3.62% - 10.5% 10.7%
Assets 1 430.9 446.1 448.2 457.1 - 495.2 554
Book Value Per Share 3 12,817 12,707 13,110 13,672 - 16,321 18,544
Cash Flow per Share 3 1,230 737.0 - - - 2,615 3,094
Capex 1 15.7 42.1 17.7 22.2 - 19 14
Capex / Sales 2.24% 7.15% 3.08% 3.64% - 2.6% 1.77%
Announcement Date 10/02/20 04/02/21 08/02/22 03/02/23 26/01/24 - -
1KRW in Billions2KRW in Million3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
20,400 KRW
Average target price
30,000 KRW
Spread / Average Target
+47.06%
Consensus

Quarterly revenue - Rate of surprise

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