Financials BMT Co., Ltd.

Equities

A086670

KR7086670007

Construction Supplies & Fixtures

End-of-day quote Korea S.E. Other stock markets 23:00:00 27/05/2024 BST			5-day change	1st Jan Change
13,180 ^KRW	-0.60%		+3.94%	-2.08%

2021	BMT Co., Ltd. announced that it has received KRW 20 billion in funding from Korea Investment Private Equity, SKS Private Equity	CI
2021	BMT Co., Ltd. announced that it expects to receive KRW 20 billion in funding from Korea Investment Private Equity, SKS Private Equity	CI

Valuation

Fiscal Period: December	2022	2023	2024	2025
Capitalization ¹	135,965	122,825	120,270	-
Enterprise Value (EV) ²	136	216.5	236.1	247.2
P/E ratio	9.28 x	7.96 x	6.64 x	6.18 x
Yield	-	1.86%	1.52%	1.52%
Capitalization / Revenue	-	0.82 x	0.73 x	0.69 x
EV / Revenue	-	1.45 x	1.44 x	1.41 x
EV / EBITDA	-	10 x	7.74 x	7.06 x
EV / FCF	-	-11.4 x	-38.1 x	-107 x
FCF Yield	-	-8.76%	-2.63%	-0.93%
Price to Book	-	1.01 x	0.88 x	0.78 x
Nbr of stocks (in thousands)	9,125	9,125	9,125	-
Reference price ³	14,900	13,460	13,180	13,180
Announcement Date	22/03/23	27/02/24	-	-

¹KRW in Million²KRW in Billions³KRW

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025
Net sales ¹	-	149.6	164	175.5
EBITDA ¹	-	21.64	30.5	35
EBIT ¹	-	17.43	23	25.4
Operating Margin	-	11.65%	14.02%	14.47%
Earnings before Tax (EBT) ¹	-	18.43	23.2	25
Net income ¹	15	16.36	18.1	19.5
Net margin	-	10.93%	11.04%	11.11%
EPS ²	1,605	1,691	1,986	2,133
Free Cash Flow ³	-	-18,978	-6,200	-2,300
FCF margin	-	-12,685.34%	-3,780.49%	-1,310.54%
FCF Conversion (EBITDA)	-	-	-	-
FCF Conversion (Net income)	-	-	-	-
Dividend per Share ²	-	250.0	200.0	200.0
Announcement Date	22/03/23	27/02/24	-	-

¹KRW in Billions²KRW³KRW in Million

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2024 Q1
Net sales ¹	31.28
EBITDA	-
EBIT ¹	2.762
Operating Margin	8.83%
Earnings before Tax (EBT)	-
Net income ¹	2.581
Net margin	8.25%
EPS	-
Dividend per Share	-
Announcement Date	10/05/24

¹KRW in Billions

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025
Net Debt ¹	-	93.7	116	127
Net Cash position ¹	-	-	-	-
Leverage (Debt/EBITDA)	-	4.331 x	3.797 x	3.626 x
Free Cash Flow ²	-	-18,978	-6,200	-2,300
ROE (net income / shareholders' equity)	-	14.8%	14.1%	13.4%
ROA (Net income/ Total Assets)	-	6.92%	7.7%	7.4%
Assets ¹	-	236.5	235.1	263.5
Book Value Per Share ³	-	13,281	15,000	16,933
Cash Flow per Share ³	-	1,459	3,994	4,489
Capex ¹	-	33.5	31.6	31.6
Capex / Sales	-	22.37%	19.27%	18.01%
Announcement Date	22/03/23	27/02/24	-	-

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

Ratings for BMT Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

13,180 KRW

Average target price

18,000 KRW

Spread / Average Target

+36.57%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Plumbing Fixtures & Fittings

	1st Jan change	Capi.
BMT CO., LTD.	-2.08%	88.52M
ADVANCED DRAINAGE SYSTEMS, INC.	+22.60%	13.35B
ASTRAL LIMITED	+11.19%	6.94B
ZHEJIANG WEIXING NEW BUILDING MATERIALS CO., LTD.	+17.76%	3.7B
ALIAXIS SA	+24.29%	2.96B
RELIANCE WORLDWIDE CORPORATION LIMITED	+6.32%	2.54B
FINOLEX INDUSTRIES LIMITED	+51.56%	2.26B
CHINA LESSO GROUP HOLDINGS LIMITED	-6.62%	1.55B
GRUPO ROTOPLAS S.A.B. DE C.V.	-4.66%	830M
PRINCE PIPES AND FITTINGS LIMITED	-17.29%	816M

Plumbing Fixtures & Fittings