Financials Hansol Paper Co., Ltd.

Equities

A213500

KR7213500002

Paper Products

End-of-day quote Korea S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
10,900 KRW +1.02% Intraday chart for Hansol Paper Co., Ltd. -0.46% +2.44%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 343,576 329,310 320,988 315,044 252,986 259,168 - -
Enterprise Value (EV) 2 1,071 1,047 1,000 1,200 253 1,032 780.7 709.2
P/E ratio 8.59 x 5.56 x 23.5 x 4.27 x 144 x 3.83 x 2.74 x 2.56 x
Yield 4.15% 5.05% 2.96% 3.77% - 5.66% 5.96% 6.27%
Capitalization / Revenue 0.18 x 0.22 x 0.17 x 0.13 x 0.12 x 0.12 x 0.11 x 0.11 x
EV / Revenue 0.56 x 0.69 x 0.55 x 0.49 x 0.12 x 0.47 x 0.34 x 0.3 x
EV / EBITDA 5.57 x 5.85 x 6.64 x 5.56 x 1.96 x 5.47 x 3.99 x 3.49 x
EV / FCF 7.1 x 17.3 x 25.2 x -12 x - 8.67 x 8.14 x 7.22 x
FCF Yield 14.1% 5.76% 3.97% -8.32% - 11.5% 12.3% 13.9%
Price to Book 0.58 x 0.51 x 0.47 x 0.42 x - 0.34 x 0.31 x 0.28 x
Nbr of stocks (in thousands) 23,777 23,777 23,777 23,777 23,777 23,777 - -
Reference price 3 14,450 13,850 13,500 13,250 10,640 10,900 10,900 10,900
Announcement Date 06/02/20 09/02/21 07/02/22 07/02/23 23/01/24 - - -
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 1,913 1,510 1,834 2,458 2,194 2,205 2,290 2,374
EBITDA 1 192.5 179.1 150.7 215.9 129.1 188.8 195.7 203.4
EBIT 1 105.3 94.56 60.73 130.2 47.24 103.6 111.8 127.6
Operating Margin 5.51% 6.26% 3.31% 5.3% 2.15% 4.7% 4.88% 5.38%
Earnings before Tax (EBT) 1 67.69 72.19 28.75 95.83 2.522 99.63 114.1 122.3
Net income 1 40.02 59.27 13.68 73.82 1.761 67.95 94.6 101.2
Net margin 2.09% 3.93% 0.75% 3% 0.08% 3.08% 4.13% 4.26%
EPS 2 1,683 2,493 575.0 3,104 74.00 2,846 3,974 4,259
Free Cash Flow 3 150,951 60,384 39,677 -99,850 - 119,000 95,867 98,267
FCF margin 7,892.51% 3,999.3% 2,163.12% -4,062.34% - 5,397.31% 4,186.62% 4,138.59%
FCF Conversion (EBITDA) 78,414.2% 33,716.82% 26,326.31% - - 63,029.66% 48,986.54% 48,319.95%
FCF Conversion (Net income) 377,151.85% 101,882.34% 290,128.94% - - 175,128.77% 101,338.97% 97,133.44%
Dividend per Share 2 600.0 700.0 400.0 500.0 - 616.7 650.0 683.3
Announcement Date 06/02/20 09/02/21 07/02/22 07/02/23 23/01/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 450.4 525 547.6 638.7 616.5 655.1 528.1 523.5 581.5 534.1 529.2 535.2 606.7
EBITDA - - - - - - - - - - - - -
EBIT 1 8.978 12.78 24.61 56.9 41.33 7.396 15.2 14.4 9.862 33.97 22.5 24.6 22.57
Operating Margin 1.99% 2.43% 4.49% 8.91% 6.7% 1.13% 2.88% 2.75% 1.7% 6.36% 4.25% 4.6% 3.72%
Earnings before Tax (EBT) 1 - - - 49.44 27.87 -2.455 6.207 1.834 -3.145 29.97 19.45 21.1 17
Net income 1 0.395 -4.94 13.34 37.14 22.21 1.14 6.904 3.799 -0.8525 23.7 17.35 15.8 12.7
Net margin 0.09% -0.94% 2.44% 5.81% 3.6% 0.17% 1.31% 0.73% -0.15% 4.44% 3.28% 2.95% 2.09%
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 28/10/21 07/02/22 27/04/22 28/07/22 27/10/22 07/02/23 02/08/23 31/10/23 23/01/24 29/04/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 728 718 679 885 - 773 522 450
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.781 x 4.01 x 4.508 x 4.1 x - 4.094 x 2.665 x 2.213 x
Free Cash Flow 2 150,951 60,384 39,677 -99,850 - 119,000 95,867 98,267
ROE (net income / shareholders' equity) 6.92% 9.51% 2.08% 10.4% 0.24% 12% 11.6% 11.3%
ROA (Net income/ Total Assets) 2.26% 3.4% 0.75% 15.6% - 3.4% 4.95% 5.15%
Assets 1 1,768 1,741 1,814 472 - 1,999 1,911 1,964
Book Value Per Share 3 24,837 27,019 28,569 31,193 - 32,339 35,679 39,286
Cash Flow per Share - - - -2,642 - - - -
Capex 1 48.5 64.8 66.1 37 - 64.5 67.3 70.6
Capex / Sales 2.54% 4.29% 3.6% 1.51% - 2.92% 2.94% 2.97%
Announcement Date 06/02/20 09/02/21 07/02/22 07/02/23 23/01/24 - - -
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
10,900 KRW
Average target price
15,333 KRW
Spread / Average Target
+40.67%
Consensus

Quarterly revenue - Rate of surprise

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