Financials DL Holdings CO., LTD.

Equities

A000210

KR7000210005

Commodity Chemicals

End-of-day quote Korea S.E. 23:00:00 25/06/2024 BST 5-day change 1st Jan Change
59,000 KRW +0.51% Intraday chart for DL Holdings CO., LTD. +5.73% +14.79%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,306,340 3,090,560 1,336,992 1,296,189 1,117,520 1,281,730 - -
Enterprise Value (EV) 2 3,322 4,300 2,518 5,615 5,936 6,035 5,826 5,570
P/E ratio 5.25 x 5.72 x 1.45 x 23.9 x -8.7 x 7.5 x 3.94 x 3.05 x
Yield 1.88% 3.19% 3.12% 1.69% 1.95% 1.27% 2.03% 2.2%
Capitalization / Revenue 0.34 x 1.97 x 0.56 x 0.25 x 0.22 x 0.22 x 0.22 x 0.21 x
EV / Revenue 0.34 x 2.75 x 1.06 x 1.08 x 1.18 x 1.03 x 0.98 x 0.93 x
EV / EBITDA 2.59 x 13.9 x 6.75 x 8.71 x 10.2 x 6.19 x 5.33 x 4.94 x
EV / FCF 4.51 x 4.59 x 15.9 x -41.9 x -21.3 x 16.5 x 13.3 x 12.5 x
FCF Yield 22.2% 21.8% 6.29% -2.38% -4.7% 6.06% 7.52% 8.02%
Price to Book 0.53 x 1.11 x 0.32 x 0.31 x 0.28 x 0.33 x 0.31 x 0.28 x
Nbr of stocks (in thousands) 17,127 17,127 22,615 22,615 22,615 22,615 - -
Reference price 3 203,960 187,057 60,900 59,200 51,400 59,000 59,000 59,000
Announcement Date 30/01/20 28/01/21 27/01/22 03/02/23 07/02/24 - - -
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 9,689 1,566 2,383 5,193 5,020 5,850 5,948 5,998
EBITDA 1 1,282 308.9 372.9 644.6 580.9 974.5 1,094 1,128
EBIT 1 1,109 119 224.1 280.4 151.9 551 657.5 682.5
Operating Margin 11.45% 7.6% 9.41% 5.4% 3.03% 9.42% 11.06% 11.38%
Earnings before Tax (EBT) 1 921.4 44.41 871.6 123.2 -170.2 275.5 517.5 550
Net income 1 639.2 505 875.5 65.97 -141.6 174 326 419
Net margin 6.6% 32.24% 36.74% 1.27% -2.82% 2.97% 5.48% 6.99%
EPS 2 38,816 32,703 41,881 2,479 -5,905 7,870 14,961 19,325
Free Cash Flow 3 737,099 935,938 158,275 -133,884 -279,099 366,000 438,000 446,500
FCF margin 7,607.22% 59,760.49% 6,642.09% -2,578.19% -5,559.98% 6,256.95% 7,364.44% 7,444.15%
FCF Conversion (EBITDA) 57,496.34% 302,946.76% 42,443.33% - - 37,557.72% 40,054.87% 39,583.33%
FCF Conversion (Net income) 115,317.14% 185,343.05% 18,078.97% - - 210,344.83% 134,355.83% 106,563.25%
Dividend per Share 2 3,831 5,972 1,900 1,000 1,000 750.0 1,200 1,300
Announcement Date 30/01/20 28/01/21 27/01/22 03/02/23 07/02/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 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 1 669.2 883.1 1,470 1,490 1,350 1,287 1,219 1,264 1,249 1,404 1,468 1,511 1,466
EBITDA - - - - - - - - - - - - -
EBIT 1 36.19 32.26 58.95 169.6 19.57 69.03 -7.09 12.01 77.92 172.3 119.2 140.2 119.7
Operating Margin 5.41% 3.65% 4.01% 11.38% 1.45% 5.36% -0.58% 0.95% 6.24% 12.27% 8.12% 9.28% 8.17%
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income 1 - - - - 32.12 -28.72 -82.03 -51.6 20.9 22.59 35.45 74 71.4
Net margin - - - - 2.38% -2.23% -6.73% -4.08% 1.67% 1.61% 2.41% 4.9% 4.87%
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 27/01/22 02/05/22 01/08/22 28/10/22 03/02/23 03/05/23 28/07/23 02/11/23 07/02/24 02/05/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 15.4 1,210 1,181 4,319 4,819 4,753 4,545 4,288
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.012 x 3.916 x 3.167 x 6.7 x 8.295 x 4.877 x 4.156 x 3.801 x
Free Cash Flow 2 737,099 935,938 158,275 -133,884 -279,099 366,000 438,000 446,500
ROE (net income / shareholders' equity) 11.7% 11.8% 22.6% 1.52% -3.44% 4.4% 7.8% 9.3%
ROA (Net income/ Total Assets) 5.06% 3.69% 7.88% 0.59% -1.11% 3.1% 4.1% 4.2%
Assets 1 12,630 13,674 11,112 11,131 12,799 5,613 7,951 9,976
Book Value Per Share 3 384,507 167,931 187,916 194,062 183,571 178,208 191,834 207,276
Cash Flow per Share 3 61,666 88,476 15,870 12,025 15,529 37,439 53,784 53,923
Capex 1 215 430 143 362 604 422 386 392
Capex / Sales 2.22% 27.47% 5.98% 6.97% 12.04% 7.21% 6.48% 6.54%
Announcement Date 30/01/20 28/01/21 27/01/22 03/02/23 07/02/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
59,000 KRW
Average target price
74,500 KRW
Spread / Average Target
+26.27%
Consensus

Quarterly revenue - Rate of surprise

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