Company Valuation: Cosmax, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 991,611 840,714 1,434,092 1,691,638 1,849,343 2,955,545 - -
Change - -15.22% 70.58% 17.96% 9.32% 59.82% - -
Enterprise Value (EV) 1 1,371 1,336 1,855 2,274 2,438 3,679 3,603 3,584
Change - -2.49% 38.84% 22.58% 7.18% 50.92% -2.06% -0.54%
P/E 12.6x 40.3x 25.1x 19.7x 15x 17.5x 14.2x 11.7x
PBR 1.77x 1.45x 3.96x 3.32x 3.31x 4.28x 3.43x 2.74x
PEG - -0.5x 0x 0.4x 0.3x 0.5x 0.6x 0.6x
Capitalization / Revenue 0.62x 0.53x 0.81x 0.78x 0.77x 0.97x 0.85x 0.75x
EV / Revenue 0.86x 0.84x 1.04x 1.05x 1.02x 1.2x 1.03x 0.91x
EV / EBITDA 7.86x 11.9x 10.6x 9.31x 9.03x 10.5x 8.84x 7.7x
EV / EBIT 11.2x 25.2x 16x 13x 12.5x 13.9x 11.3x 9.59x
EV / FCF 23.1x 72.8x 12.8x -24.7x -24.3x 30.8x 28x 18.3x
FCF Yield 4.33% 1.37% 7.8% -4.04% -4.11% 3.25% 3.57% 5.46%
Dividend per Share 3 550 - 500 2,300 3,300 3,682 3,996 4,366
Rate of return 0.63% - 0.4% 1.54% 2.02% 1.41% 1.53% 1.68%
EPS 3 6,944 1,838 5,036 7,562 10,847 14,869 18,365 22,222
Distribution rate 7.92% - 9.93% 30.4% 30.4% 24.8% 21.8% 19.6%
Net sales 1 1,591 1,600 1,777 2,166 2,399 3,059 3,483 3,929
EBITDA 1 174.4 111.9 175.1 244.2 269.9 349.7 407.6 465.6
EBIT 1 122.6 53.05 115.7 175.4 195.8 265.5 317.7 373.6
Net income 1 34.44 20.85 37.8 88.42 131.1 172.8 209.8 254.7
Net Debt 1 378.9 495.6 421.2 582.7 588.3 723.4 647.7 628.1
Reference price 3 87,400.00 74,100.00 126,400.00 149,100.00 163,000.00 260,500.00 260,500.00 260,500.00
Nbr of stocks (in thousands) 11,346 11,346 11,346 11,346 11,346 11,346 - -
Announcement Date 07/03/22 09/03/23 07/03/24 24/02/25 23/02/26 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.72x1.21x10.62x1.4% 2.25B
23.39x4.4x16.16x2.77% 369B
32.8x4.98x20.65x1.8% 255B
19.47x2.89x12.76x3.24% 140B
25.42x3.74x15.74x2.34% 73.48B
57.75x8.28x31.91x0.26% 52.06B
37.7x6.07x26.38x2.48% 44.97B
37.14x2.78x15.46x1.43% 39.2B
20.47x2.85x11.88x4.34% 37.32B
18.6x2.49x11.53x4.72% 36.28B
Average 29.05x 3.97x 17.31x 2.48% 104.99B
Weighted average by Cap. 27.84x 4.37x 17.63x 2.5%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cosmax, Inc.

Historical PBR trend

Valuation ratios - PBR - Cosmax, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cosmax, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cosmax, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Cosmax, Inc.
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