Financials Douzone Bizon Co., Ltd.

Equities

A012510

KR7012510004

Software

End-of-day quote Korea S.E. 23:00:00 26/06/2024 BST 5-day change 1st Jan Change
71,900 KRW -5.27% Intraday chart for Douzone Bizon Co., Ltd. +21.66% +148.36%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,353,259 3,066,529 2,217,943 1,067,081 798,021 2,015,276 - -
Enterprise Value (EV) 2 2,575 3,272 2,341 1,251 1,016 2,124 2,059 1,951
P/E ratio 48.1 x 56.8 x 42.8 x 54.5 x 26.8 x 37.9 x 35.9 x 33.1 x
Yield 0.58% 0.43% 0.62% 0.33% 0.75% 0.31% 0.35% 0.31%
Capitalization / Revenue 8.96 x 10 x 6.96 x 3.51 x 2.26 x 4.96 x 4.6 x 4.19 x
EV / Revenue 9.8 x 10.7 x 7.34 x 4.11 x 2.87 x 5.23 x 4.7 x 4.05 x
EV / EBITDA 29 x 31.7 x 23.4 x 16.3 x 9.6 x 17.8 x 15.5 x 14.1 x
EV / FCF -5.82 x 62.6 x 93.7 x 29 x 15.7 x 19.1 x 27.8 x 18 x
FCF Yield -17.2% 1.6% 1.07% 3.45% 6.37% 5.24% 3.6% 5.56%
Price to Book 6.54 x 7.7 x 4.41 x 2.41 x 1.87 x 4.69 x 4.21 x 3.76 x
Nbr of stocks (in thousands) 29,053 29,486 30,383 28,957 27,566 28,029 - -
Reference price 3 81,000 104,000 73,000 36,850 28,950 71,900 71,900 71,900
Announcement Date 28/01/20 27/01/21 27/01/22 03/02/23 06/02/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 262.7 306.5 318.7 304.3 353.6 406 438.1 481.5
EBITDA 1 88.64 103.1 100 76.94 105.8 119.3 133.2 138.4
EBIT 1 66.8 76.73 71.17 45.53 68.43 83.37 92.5 104.4
Operating Margin 25.43% 25.04% 22.33% 14.96% 19.36% 20.54% 21.11% 21.69%
Earnings before Tax (EBT) 1 66.41 72.97 71.82 31.26 45.41 90.07 80.06 89.8
Net income 1 50.63 56.85 53.73 23.82 35.16 63.22 62.36 67.67
Net margin 19.27% 18.55% 16.86% 7.83% 9.94% 15.57% 14.23% 14.05%
EPS 2 1,684 1,830 1,704 676.0 1,082 1,900 2,003 2,175
Free Cash Flow 3 -442,244 52,284 24,992 43,149 64,684 111,300 74,060 108,450
FCF margin -168,368.56% 17,060.91% 7,840.65% 14,179.68% 18,294.82% 27,416.49% 16,905.46% 22,523.36%
FCF Conversion (EBITDA) - 50,720.88% 24,982.64% 56,082.51% 61,118.66% 93,294.22% 55,608.95% 78,359.83%
FCF Conversion (Net income) - 91,968.67% 46,515.48% 181,171.56% 183,961.77% 176,051.88% 118,762.03% 160,270.93%
Dividend per Share 2 470.0 450.0 450.0 123.0 217.0 223.2 249.9 225.3
Announcement Date 28/01/20 27/01/21 27/01/22 03/02/23 06/02/24 - - -
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 2025 Q1 2025 Q2
Net sales 1 84.78 75.68 74.87 77.44 76.32 80.9 84.9 84.56 103.2 94.41 100.4 101.7 109.8 102.8 110.7
EBITDA 23.54 - - - - - - - - - - - - - -
EBIT 1 16.04 14.26 12.17 11.48 7.622 14.07 16.52 14.92 22.93 18.12 19.62 19.55 22.32 20.3 23.2
Operating Margin 18.92% 18.84% 16.25% 14.83% 9.99% 17.39% 19.46% 17.64% 22.22% 19.19% 19.54% 19.23% 20.34% 19.75% 20.96%
Earnings before Tax (EBT) 1 14.56 12.84 10.2 9.913 -1.705 10.67 11.76 10.19 12.8 40.31 17.25 16.8 18.85 17.4 20.3
Net income 1 12.77 9.726 7.674 7.492 -1.075 7.814 9.062 7.837 10.45 15.91 11.95 11.92 13.52 13.6 15.9
Net margin 15.07% 12.85% 10.25% 9.67% -1.41% 9.66% 10.67% 9.27% 10.12% 16.85% 11.9% 11.73% 12.32% 13.23% 14.36%
EPS 2 - 297.0 - - - - - 236.0 331.0 - 1,708 - - - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 27/01/22 28/04/22 27/07/22 27/10/22 03/02/23 04/05/23 03/08/23 02/11/23 06/02/24 09/05/24 - - - - -
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 221 206 123 183 218 109 43.5 -
Net Cash position 1 - - - - - - - 64.6
Leverage (Debt/EBITDA) 2.497 x 1.995 x 1.228 x 2.384 x 2.058 x 0.9147 x 0.3266 x -
Free Cash Flow 2 -442,244 52,284 24,992 43,149 64,684 111,300 74,060 108,450
ROE (net income / shareholders' equity) 18.8% 15.1% 12.1% 5.15% 8.19% 13.1% 12.1% 12.2%
ROA (Net income/ Total Assets) 10.1% 7.45% 6.36% 2.75% 4.1% 7.9% 6.18% 6.15%
Assets 1 502.9 763 844.9 866.7 858.1 800.3 1,009 1,100
Book Value Per Share 3 12,381 13,505 16,555 15,285 15,483 15,334 17,062 19,139
Cash Flow per Share 3 2,125 3,615 2,949 2,603 3,667 2,844 3,085 -
Capex 1 505 53.1 35.7 34.2 36.5 34.8 36.8 18
Capex / Sales 192.4% 17.32% 11.21% 11.23% 10.32% 8.58% 8.41% 3.74%
Announcement Date 28/01/20 27/01/21 27/01/22 03/02/23 06/02/24 - - -
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
D
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
71,900 KRW
Average target price
64,500 KRW
Spread / Average Target
-10.29%
Consensus
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  4. Financials Douzone Bizon Co., Ltd.