Financials Korea Circuit Co., Ltd.

Equities

A007810

KR7007810005

Semiconductors

End-of-day quote Korea S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
16,370 KRW -0.37% Intraday chart for Korea Circuit Co., Ltd. +1.49% -18.11%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 297,530 380,817 770,595 310,040 499,460 411,596 - -
Enterprise Value (EV) 2 211.6 291.6 632.9 363.5 499.5 737.6 790.6 411.6
P/E ratio 478 x 35.3 x 15.2 x 4.92 x - 7.08 x 4.57 x 2.08 x
Yield - - - - - - - -
Capitalization / Revenue 0.55 x 0.42 x 0.54 x 0.19 x 0.37 x 0.27 x 0.25 x 0.23 x
EV / Revenue 0.39 x 0.32 x 0.44 x 0.23 x 0.37 x 0.48 x 0.48 x 0.23 x
EV / EBITDA 5.71 x 6.99 x 5.23 x 2.36 x - 5.95 x 4.57 x 2.14 x
EV / FCF 4.78 x -39.2 x 38.6 x -3.72 x - 12.7 x 8.46 x 2.31 x
FCF Yield 20.9% -2.55% 2.59% -26.9% - 7.86% 11.8% 43.2%
Price to Book 0.85 x 1.03 x 2.1 x 0.69 x - 0.92 x 0.78 x 0.56 x
Nbr of stocks (in thousands) 27,369 27,369 27,369 27,369 27,369 27,369 - -
Reference price 3 11,950 14,900 31,200 12,000 19,990 16,370 16,370 16,370
Announcement Date 21/02/20 26/02/21 25/02/22 10/03/23 31/01/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 543.4 902.1 1,424 1,597 1,332 1,545 1,650 1,805
EBITDA 1 37.05 41.71 120.9 154 - 124 173 192
EBIT 1 13.86 13.4 85.11 100.3 -32.01 43 92 141
Operating Margin 2.55% 1.49% 5.98% 6.28% -2.4% 2.78% 5.57% 7.81%
Earnings before Tax (EBT) 1 7.827 3.383 89.48 99.53 -26.45 39 89.5 134
Net income 1 0.6883 11.57 56.2 83.84 -25.11 42 74.5 143
Net margin 0.13% 1.28% 3.95% 5.25% -1.88% 2.72% 4.51% 7.92%
EPS 2 25.00 422.0 2,053 2,438 - 2,311 3,584 7,857
Free Cash Flow 3 44,267 -7,447 16,396 -97,829 - 58,000 93,500 178,000
FCF margin 8,145.97% -825.48% 1,151.3% -6,126.25% - 3,754.05% 5,664.95% 9,861.5%
FCF Conversion (EBITDA) 119,482.62% - 13,560.9% - - 46,774.19% 54,046.24% 92,708.33%
FCF Conversion (Net income) 6,431,744.94% - 29,176.1% - - 138,095.24% 125,503.36% 124,475.52%
Dividend per Share - - - - - - - -
Announcement Date 21/02/20 26/02/21 25/02/22 10/03/23 31/01/24 - - -
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 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 405.9 415.4 410.8 397.4 434.2 354.4 336.7 332.8 350.3 373 372 419 380
EBITDA - - - - - - - - - - - - -
EBIT 1 35.84 41.41 31.17 33.09 39.76 -3.764 -14.64 -7.485 -1.073 1 3 26 15
Operating Margin 8.83% 9.97% 7.59% 8.32% 9.16% -1.06% -4.35% -2.25% -0.31% 0.27% 0.81% 6.21% 3.95%
Earnings before Tax (EBT) 40.27 38.98 33.83 33.4 47.19 -14.88 -12.82 2.697 4.27 - - - -
Net income 23.12 - 20.31 - - - - - -2.314 - - - -
Net margin 5.7% - 4.94% - - - - - -0.66% - - - -
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 15/11/21 25/02/22 16/05/22 16/08/22 14/11/22 10/03/23 15/05/23 14/08/23 14/11/23 - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 53.5 - 326 379 -
Net Cash position 1 85.9 89.2 138 - - - - -
Leverage (Debt/EBITDA) - - - 0.3472 x - 2.629 x 2.191 x -
Free Cash Flow 2 44,267 -7,447 16,396 -97,829 - 58,000 93,500 178,000
ROE (net income / shareholders' equity) 0.55% 3.39% 11.9% 15.5% -3.43% 11.9% 16.4% 26.4%
ROA (Net income/ Total Assets) 0.43% 1.65% 5.66% 5.82% - 4.2% 6.5% 10.3%
Assets 1 158.5 701.2 993.2 1,440 - 1,000 1,146 1,388
Book Value Per Share 3 14,100 14,521 14,860 17,437 - 17,779 21,101 29,032
Cash Flow per Share 3 1,715 798.0 2,830 6,460 - 5,866 6,764 -
Capex 1 2.94 26.3 50.4 250 - 30 58.5 -
Capex / Sales 0.54% 2.91% 3.54% 15.68% - 1.94% 3.54% -
Announcement Date 21/02/20 26/02/21 25/02/22 10/03/23 31/01/24 - - -
1KRW in Billions2KRW in Million3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
16,370 KRW
Average target price
19,500 KRW
Spread / Average Target
+19.12%
Consensus

Quarterly revenue - Rate of surprise

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