Financials Joong Ang Enervis Co., Ltd

Equities

A000440

KR7000440008

Oil & Gas Refining and Marketing

End-of-day quote Korea S.E. 23:00:00 16/05/2024 BST 5-day change 1st Jan Change
19,940 KRW -1.77% Intraday chart for Joong Ang Enervis Co., Ltd -4.82% +13.30%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 31,562 38,110 43,000 77,814 86,460 78,035
Enterprise Value (EV) 1 41,722 48,944 25,388 68,113 79,945 68,763
P/E ratio 35 x 61.3 x 2.23 x 309 x 173 x -309 x
Yield 2.39% 1.98% 5.18% 1.82% 1.64% 1.82%
Capitalization / Revenue 0.41 x 0.58 x 0.8 x 1.28 x 1.21 x 1.41 x
EV / Revenue 0.55 x 0.74 x 0.47 x 1.12 x 1.12 x 1.24 x
EV / EBITDA 17.1 x 18.6 x 13.8 x 40.6 x 32.1 x 95.6 x
EV / FCF - 58,660,453 x 4,193,373 x -19,363,416 x -200,691,715 x 46,410,302 x
FCF Yield - 0% 0% -0% -0% 0%
Price to Book 0.69 x 0.83 x 0.67 x 1.3 x 1.47 x 1.37 x
Nbr of stocks (in thousands) 4,711 4,711 4,644 4,434 4,434 4,434
Reference price 2 6,700 8,090 9,260 17,550 19,500 17,600
Announcement Date 12/03/20 12/03/20 17/03/21 18/03/22 17/03/23 15/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 76,133 65,702 53,565 60,713 71,621 55,474
EBITDA 1 2,447 2,625 1,834 1,676 2,492 719.5
EBIT 1 1,425 634.2 128.6 37.96 811.8 -823.7
Operating Margin 1.87% 0.97% 0.24% 0.06% 1.13% -1.48%
Earnings before Tax (EBT) 1 1,147 783.9 24,743 298.8 663 -346.8
Net income 1 890 615.3 19,201 251.5 500.1 -251.2
Net margin 1.17% 0.94% 35.85% 0.41% 0.7% -0.45%
EPS 2 191.7 132.0 4,144 56.71 112.8 -57.00
Free Cash Flow - 834.4 6,054 -3,518 -398.3 1,482
FCF margin - 1.27% 11.3% -5.79% -0.56% 2.67%
FCF Conversion (EBITDA) - 31.79% 330.06% - - 205.94%
FCF Conversion (Net income) - 135.6% 31.53% - - -
Dividend per Share 2 160.0 160.0 480.0 320.0 320.0 320.0
Announcement Date 12/03/20 12/03/20 17/03/21 18/03/22 17/03/23 15/03/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 10,160 10,834 - - - -
Net Cash position 1 - - 17,612 9,701 6,514 9,273
Leverage (Debt/EBITDA) 4.153 x 4.127 x - - - -
Free Cash Flow - 834 6,054 -3,518 -398 1,482
ROE (net income / shareholders' equity) - 1.36% 36% 0.41% 0.84% -0.43%
ROA (Net income/ Total Assets) - 0.66% 0.12% 0.03% 0.79% -0.82%
Assets 1 - 93,402 15,881,543 720,509 63,030 30,490
Book Value Per Share 2 9,747 9,717 13,895 13,455 13,266 12,862
Cash Flow per Share 2 16.50 35.50 1,395 48.70 7.530 8.150
Capex 1 240 1,240 155 870 818 119
Capex / Sales 0.32% 1.89% 0.29% 1.43% 1.14% 0.21%
Announcement Date 12/03/20 12/03/20 17/03/21 18/03/22 17/03/23 15/03/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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