Company Valuation: Doosan Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,938,758 1,327,149 1,489,665 3,898,767 12,602,701 15,214,523 - -
Change - -31.55% 12.25% 161.72% 223.25% 20.72% - -
Enterprise Value (EV) 1 7,235 5,977 4,864 8,470 16,903 19,487 19,112 17,938
Change - -17.4% -18.62% 74.13% 99.57% 15.29% -1.92% -6.14%
P/E 9.92x -2.12x -4.3x -20.1x 186x 25.5x 23.3x 18.1x
PBR 0.74x 0.63x 0.98x 2.66x 8.53x 7.96x 6.55x 4.86x
PEG - 0x 0.1x 0.5x -1x 0x 2.44x 0.6x
Capitalization / Revenue 0.14x 0.08x 0.08x 0.22x 0.64x 0.7x 0.61x 0.53x
EV / Revenue 0.53x 0.35x 0.25x 0.47x 0.85x 0.89x 0.76x 0.63x
EV / EBITDA 4.6x 3.41x 2.27x 4.78x 9.03x 7.41x 5.9x 4.52x
EV / EBIT 7.55x 5.31x 3.39x 8.45x 15.9x 10.9x 7.7x 5.47x
EV / FCF 21.1x -35.8x 3.67x -21x 41x 22.7x 17.8x 11.6x
FCF Yield 4.74% -2.79% 27.2% -4.75% 2.44% 4.4% 5.63% 8.61%
Dividend per Share 3 2,050 2,000 2,000 2,000 4,000 4,489 5,014 5,197
Rate of return 1.74% 2.41% 2.13% 0.78% 0.51% 0.42% 0.47% 0.49%
EPS 3 11,890 -39,123 -21,823 -12,715 4,194 41,996 46,012 59,036
Distribution rate 17.2% -5.11% -9.16% -15.7% 95.4% 10.7% 10.9% 8.8%
Net sales 1 13,728 16,996 19,130 18,132 19,784 21,829 25,110 28,575
EBITDA 1 1,571 1,751 2,141 1,771 1,871 2,629 3,239 3,969
EBIT 1 958.8 1,126 1,435 1,003 1,063 1,794 2,482 3,279
Net income 1 656.7 -696.4 -388.3 -226.2 75.78 570.4 681.7 951.3
Net Debt 1 5,297 4,649 3,374 4,571 4,300 4,272 3,898 2,724
Reference price 3 118,000.00 83,100.00 93,900.00 255,000.00 781,000.00 1,071,000.00 1,071,000.00 1,071,000.00
Nbr of stocks (in thousands) 17,800 17,800 17,800 17,800 17,840 17,882 - -
Announcement Date 11/02/22 07/03/23 31/01/24 24/01/25 10/02/26 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.12x4.63x20.7x0.85% 334B
34.62x5.41x29.48x1.05% 169B
15.57x1.19x7.69x4.73% 66.25B
18.22x1.69x13.69x2.99% 57.07B
30.68x4.3x18.22x0.43% 48.43B
16.23x1.65x9.41x2.67% 40.84B
11.17x1.05x10.49x4.68% 34.84B
31.5x4.58x18.26x1.59% 30.15B
12.35x0.41x4.18x3.98% 26.08B
Average 21.94x 2.77x 14.68x 2.55% 89.59B
Weighted average by Cap. 25.77x 3.84x 19.19x 1.72%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Doosan Corporation

Historical PBR trend

Valuation ratios - PBR - Doosan Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Doosan Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Doosan Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Doosan Corporation