Financials Daewon Pharmaceutical Co., Ltd.

Equities

A003220

KR7003220001

Pharmaceuticals

End-of-day quote Korea S.E. 23:00:00 27/05/2024 BST 5-day change 1st Jan Change
14,660 KRW 0.00% Intraday chart for Daewon Pharmaceutical Co., Ltd. -1.87% -6.39%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 335,002 380,715 342,999 393,197 331,930 310,734 - -
Enterprise Value (EV) 2 366.2 380.7 343 465.9 447.1 353.4 329.4 310.7
P/E ratio 11.9 x - 47.7 x 12.7 x 14.1 x 9.52 x 7.83 x 6.69 x
Yield 1.55% - 1.24% 1.07% 1.92% 2.05% 2.27% 2.05%
Capitalization / Revenue 1.05 x 1.23 x 0.97 x 0.82 x 0.63 x 0.5 x 0.49 x 0.43 x
EV / Revenue 1.15 x 1.23 x 0.97 x 0.97 x 0.85 x 0.56 x 0.52 x 0.43 x
EV / EBITDA 8.28 x - 9.21 x 7.47 x 8.98 x 5.2 x 4.65 x 3.88 x
EV / FCF 46.9 x - - 18.4 x 11.3 x 10.7 x 6.22 x 5.45 x
FCF Yield 2.13% - - 5.43% 8.82% 9.34% 16.1% 18.3%
Price to Book 1.61 x - 1.52 x 1.57 x 1.31 x 1.17 x 1.04 x 0.87 x
Nbr of stocks (in thousands) 21,571 21,224 21,219 20,971 21,196 21,196 - -
Reference price 3 15,530 17,938 16,165 18,750 15,660 14,660 14,660 14,660
Announcement Date 12/03/20 04/02/21 10/02/22 09/02/23 14/03/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 317.8 308.5 354.2 478.9 527 627.1 629.6 722
EBITDA 1 44.22 - 37.23 62.37 49.79 68 70.87 80
EBIT 1 35.11 - 19.46 43.01 32.23 51.1 53.37 63
Operating Margin 11.05% - 5.5% 8.98% 6.12% 8.15% 8.48% 8.73%
Earnings before Tax (EBT) 1 35.37 - 17.18 38.14 25.83 41 48.9 60
Net income 1 27.29 18.62 6.654 31.28 23.92 33.93 41.1 48
Net margin 8.59% 6.03% 1.88% 6.53% 4.54% 5.41% 6.53% 6.65%
EPS 2 1,303 - 339.0 1,479 1,110 1,540 1,873 2,192
Free Cash Flow 3 7,801 - - 25,317 39,446 33,000 53,000 57,000
FCF margin 2,454.39% - - 5,286.74% 7,485.61% 5,262.32% 8,418.49% 7,894.74%
FCF Conversion (EBITDA) 17,640.33% - - 40,589.36% 79,218.29% 48,529.41% 74,788.33% 71,250%
FCF Conversion (Net income) 28,585.66% - - 80,925.81% 164,927.38% 97,249.52% 128,953.77% 118,750%
Dividend per Share 2 240.4 - 200.0 200.0 300.0 300.0 333.3 300.0
Announcement Date 12/03/20 04/02/21 10/02/22 09/02/23 14/03/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 - 117 122.2 122.5 124.1 133 129 140.9 158.3 155.6 148.2 164.9
EBITDA - - - - - - - - - - - -
EBIT 1 - 10.19 14.58 4.309 8.979 10.06 6.742 6.451 14.98 12.1 10.6 13.4
Operating Margin - 8.71% 11.93% 3.52% 7.24% 7.56% 5.23% 4.58% 9.46% 7.78% 7.15% 8.13%
Earnings before Tax (EBT) - - - - - - - - - - - -
Net income 1 10.51 7.402 11.07 - - - 5.456 0.7494 - 7.2 6.4 9.9
Net margin - 6.32% 9.06% - - - 4.23% 0.53% - 4.63% 4.32% 6%
EPS 495.0 - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - -
Announcement Date 16/05/22 16/08/22 11/11/22 09/02/23 15/05/23 11/08/23 14/11/23 14/03/24 16/05/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 31.2 - - 72.7 115 42.7 18.7 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.7056 x - - 1.165 x 2.312 x 0.6279 x 0.2639 x -
Free Cash Flow 2 7,801 - - 25,317 39,446 33,000 53,000 57,000
ROE (net income / shareholders' equity) 14.1% - 3.09% 12.9% 9.25% 11.8% 13% 13.8%
ROA (Net income/ Total Assets) 9.05% - 1.83% 7.08% 4.97% 6.5% 7.37% 7.9%
Assets 1 301.7 - 364 441.6 480.8 522.1 557.9 607.6
Book Value Per Share 3 9,637 - 10,645 11,967 11,996 12,532 14,054 16,798
Cash Flow per Share 1,949 - 1,088 1,523 - - - -
Capex 1 33 - 4.1 8.01 12.3 12.8 13.3 15
Capex / Sales 10.39% - 1.16% 1.67% 2.33% 2.04% 2.11% 2.08%
Announcement Date 12/03/20 04/02/21 10/02/22 09/02/23 14/03/24 - - -
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
3
Last Close Price
14,660 KRW
Average target price
21,000 KRW
Spread / Average Target
+43.25%
Consensus

Quarterly revenue - Rate of surprise

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