Financials Daewon Co., Ltd.

Equities

A007680

KR7007680002

Real Estate Development & Operations

End-of-day quote Korea S.E. 23:00:00 27/06/2024 BST 5-day change 1st Jan Change
4,240 KRW -1.40% Intraday chart for Daewon Co., Ltd. -4.07% -18.77%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 127,075 124,067 112,909 124,627 94,394 70,191
Enterprise Value (EV) 1 574.2 128,775 91,558 20,852 3,117 78,313
P/E ratio 4.24 x 18.7 x -10.7 x 4.44 x 5.25 x -1.22 x
Yield 2.17% 2.23% 2.62% 3.2% 4.27% -
Capitalization / Revenue 0.38 x 0.5 x 0.54 x 0.42 x 0.26 x 0.16 x
EV / Revenue 0 x 0.52 x 0.44 x 0.07 x 0.01 x 0.18 x
EV / EBITDA 0.02 x 8.11 x 13.7 x 0.82 x 0.15 x -1.06 x
EV / FCF 0.11 x -1.67 x -12.2 x 1.71 x -0.12 x -1.11 x
FCF Yield 910% -59.9% -8.19% 58.5% -841% -89.8%
Price to Book 0.47 x 0.44 x 0.42 x 0.39 x 0.27 x 0.25 x
Nbr of stocks (in thousands) 11,050 11,077 11,811 13,286 13,446 13,446
Reference price 2 11,500 11,200 9,560 9,380 7,020 5,220
Announcement Date 20/03/19 19/03/20 22/03/21 22/03/22 21/03/23 20/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 333,044 248,600 210,114 295,670 358,312 436,092
EBITDA 1 30,517 15,886 6,663 25,342 20,790 -74,077
EBIT 1 29,140 11,806 2,847 22,328 17,705 -76,679
Operating Margin 8.75% 4.75% 1.36% 7.55% 4.94% -17.58%
Earnings before Tax (EBT) 1 43,523 13,069 -11,452 48,405 15,659 -72,701
Net income 1 30,093 9,328 -10,173 30,020 19,490 -57,447
Net margin 9.04% 3.75% -4.84% 10.15% 5.44% -13.17%
EPS 2 2,713 600.0 -889.4 2,113 1,336 -4,272
Free Cash Flow 1 5,224 -77,170 -7,498 12,204 -26,222 -70,309
FCF margin 1.57% -31.04% -3.57% 4.13% -7.32% -16.12%
FCF Conversion (EBITDA) 17.12% - - 48.16% - -
FCF Conversion (Net income) 17.36% - - 40.65% - -
Dividend per Share 2 250.0 250.0 250.0 300.0 300.0 -
Announcement Date 20/03/19 19/03/20 22/03/21 22/03/22 21/03/23 20/03/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 4,708 - - - 8,122
Net Cash position 1 126,501 - 21,352 103,775 91,277 -
Leverage (Debt/EBITDA) - 0.2964 x - - - -0.1096 x
Free Cash Flow 1 5,224 -77,170 -7,498 12,204 -26,222 -70,309
ROE (net income / shareholders' equity) 11.6% 3.15% -3.72% 11.8% 2.6% -17.3%
ROA (Net income/ Total Assets) 4.17% 1.53% 0.34% 2.63% 2.05% -9.34%
Assets 1 722,221 608,855 -2,971,165 1,142,583 952,133 614,889
Book Value Per Share 2 24,678 25,261 22,778 24,304 25,597 20,879
Cash Flow per Share 2 11,858 5,784 8,754 10,262 8,847 4,591
Capex 1 1,201 10,003 3,901 5,689 864 1,517
Capex / Sales 0.36% 4.02% 1.86% 1.92% 0.24% 0.35%
Announcement Date 20/03/19 19/03/20 22/03/21 22/03/22 21/03/23 20/03/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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