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 3,678 3,601 3,615
Change - -2.49% 38.84% 22.58% 7.18% 50.87% -2.08% 0.39%
P/E 12.6x 40.3x 25.1x 19.7x 15x 17.2x 14.1x 11.7x
PBR 1.77x 1.45x 3.96x 3.32x 3.31x 4.27x 3.42x 2.74x
PEG - -0.5x 0x 0.4x 0.3x 0.4x 0.7x 0.6x
Capitalization / Revenue 0.62x 0.53x 0.81x 0.78x 0.77x 0.96x 0.85x 0.75x
EV / Revenue 0.86x 0.84x 1.04x 1.05x 1.02x 1.2x 1.03x 0.92x
EV / EBITDA 7.86x 11.9x 10.6x 9.31x 9.03x 10.5x 8.82x 7.75x
EV / EBIT 11.2x 25.2x 16x 13x 12.5x 13.8x 11.3x 9.65x
EV / FCF 23.1x 72.8x 12.8x -24.7x -24.3x 30.8x 28x 18.5x
FCF Yield 4.33% 1.37% 7.8% -4.04% -4.11% 3.25% 3.57% 5.41%
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 15,147 18,420 22,294
Distribution rate 7.92% - 9.93% 30.4% 30.4% 24.3% 21.7% 19.6%
Net sales 1 1,591 1,600 1,777 2,166 2,399 3,064 3,487 3,934
EBITDA 1 174.4 111.9 175.1 244.2 269.9 350.4 408.3 466.6
EBIT 1 122.6 53.05 115.7 175.4 195.8 266.2 318.4 374.4
Net income 1 34.44 20.85 37.8 88.42 131.1 172.8 209.8 254.7
Net Debt 1 378.9 495.6 421.2 582.7 588.3 722.2 645.6 659.6
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.($)
17.2x1.2x10.5x1.41% 2.2B
23.22x4.37x16.02x2.78% 367B
32.31x4.9x20.34x1.83% 251B
19.05x2.84x12.53x3.32% 137B
25.28x3.72x15.66x2.35% 73.09B
58.34x8.28x31.93x0.26% 52.06B
37.73x6.01x26.34x2.44% 44.8B
37.47x2.8x15.58x1.42% 39.55B
20.36x2.84x11.83x4.37% 37.13B
18.48x2.47x11.47x4.75% 36.05B
Average 28.94x 3.94x 17.22x 2.49% 104.04B
Weighted average by Cap. 27.66x 4.33x 17.48x 2.52%

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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