Financials Hyundai Home Shopping Network Corporation

Equities

A057050

KR7057050007

Discount Stores

End-of-day quote Korea S.E. 23:00:00 27/06/2024 BST 5-day change 1st Jan Change
51,200 KRW +0.39% Intraday chart for Hyundai Home Shopping Network Corporation -1.54% +18.93%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 940,864 932,992 725,787 617,034 492,826 586,125 - -
Enterprise Value (EV) 2 728.3 573.6 367.2 865.7 654.8 725.1 636.6 658.1
P/E ratio 10.9 x 8.3 x 7.14 x 7.05 x 3.62 x 2.92 x 4.53 x 3.99 x
Yield 2.48% 2.7% 3.47% 4.45% 6.5% 5.73% 6.12% 6.64%
Capitalization / Revenue 0.43 x 0.41 x 0.33 x 0.29 x 0.24 x 0.15 x 0.17 x 0.18 x
EV / Revenue 0.33 x 0.25 x 0.17 x 0.41 x 0.32 x 0.19 x 0.19 x 0.2 x
EV / EBITDA 3.52 x 2.49 x 1.77 x 4.91 x 5.8 x 2.56 x 2.49 x 2.44 x
EV / FCF 315 x 2.77 x 14.2 x -9.75 x -7.62 x 145 x 6.74 x 16.1 x
FCF Yield 0.32% 36.1% 7.07% -10.3% -13.1% 0.69% 14.8% 6.23%
Price to Book 0.54 x 0.54 x 0.39 x 0.32 x 0.24 x 0.28 x 0.27 x 0.26 x
Nbr of stocks (in thousands) 11,688 11,448 11,448 11,448 11,448 11,448 - -
Reference price 3 80,500 81,500 63,400 53,900 43,050 51,200 51,200 51,200
Announcement Date 10/02/20 05/02/21 08/02/22 07/02/23 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 2,206 2,297 2,205 2,102 2,065 3,799 3,389 3,238
EBITDA 1 206.9 230.7 207.5 176.2 112.8 283.5 255.3 269.5
EBIT 1 129.5 153.6 128.5 110.9 60.55 172 159 154.5
Operating Margin 5.87% 6.68% 5.83% 5.28% 2.93% 4.53% 4.69% 4.77%
Earnings before Tax (EBT) 1 129.6 160.4 154.6 96.99 119.7 271 176 200
Net income 1 87.04 112.9 101.7 87.53 137.3 200 131.5 149.5
Net margin 3.94% 4.91% 4.61% 4.16% 6.65% 5.26% 3.88% 4.62%
EPS 2 7,354 9,814 8,881 7,646 11,898 17,513 11,311 12,846
Free Cash Flow 3 2,310 207,127 25,947 -88,765 -85,937 5,000 94,500 41,000
FCF margin 104.7% 9,016.61% 1,176.78% -4,223.36% -4,161.77% 131.61% 2,788.71% 1,266.41%
FCF Conversion (EBITDA) 1,116.6% 89,767.67% 12,504.61% - - 1,763.67% 37,010.44% 15,213.36%
FCF Conversion (Net income) 2,654.12% 183,514.38% 25,519.15% - - 2,500% 71,863.12% 27,424.75%
Dividend per Share 2 2,000 2,200 2,200 2,400 2,800 2,933 3,133 3,400
Announcement Date 10/02/20 05/02/21 08/02/22 07/02/23 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
Net sales 1 569.2 539.1 573.8 564 424 494.4 522.8 505.1 542.6 997 922 877 1,010
EBITDA - - - - - - - - - - - - -
EBIT 1 20.58 36.33 29.62 34.09 10.88 16.78 17.66 16.82 9.28 58.3 32.15 35 46.35
Operating Margin 3.61% 6.74% 5.16% 6.04% 2.57% 3.39% 3.38% 3.33% 1.71% 5.85% 3.49% 3.99% 4.59%
Earnings before Tax (EBT) 1 -34.85 55.66 34.73 50.02 -43.42 54.06 31.99 29.93 3.758 139.3 36 39 57
Net income 1 -43.25 43.64 28.93 40.65 -25.7 82.35 30.25 23.93 0.813 103.7 26 29 42
Net margin -7.6% 8.1% 5.04% 7.21% -6.06% 16.66% 5.79% 4.74% 0.15% 10.41% 2.82% 3.31% 4.16%
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 08/02/22 09/05/22 08/08/22 07/11/22 07/02/23 08/05/23 07/08/23 06/11/23 06/02/24 07/05/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 249 162 139 50.5 72
Net Cash position 1 213 359 359 - - - - -
Leverage (Debt/EBITDA) - - - 1.411 x 1.436 x 0.4903 x 0.1978 x 0.2672 x
Free Cash Flow 2 2,310 207,127 25,947 -88,765 -85,937 5,000 94,500 41,000
ROE (net income / shareholders' equity) 5.1% 6.39% 5.53% 4.56% 6.78% 9.6% 6.1% 6.55%
ROA (Net income/ Total Assets) 3.45% 4.35% 3.84% 3.25% 4.38% 5.2% 3.2% 3.45%
Assets 1 2,524 2,596 2,647 2,691 3,133 3,846 4,109 4,333
Book Value Per Share 3 148,171 149,799 164,432 171,103 179,810 182,946 189,320 195,595
Cash Flow per Share 3 - - 7,854 -4,709 49.00 22,342 16,747 -
Capex 1 30.1 24.5 64 34.9 86.5 61.7 64.7 85
Capex / Sales 1.37% 1.06% 2.9% 1.66% 4.19% 1.62% 1.91% 2.63%
Announcement Date 10/02/20 05/02/21 08/02/22 07/02/23 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
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
51,200 KRW
Average target price
74,667 KRW
Spread / Average Target
+45.83%
Consensus

Quarterly revenue - Rate of surprise

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