Financials M2I Corporation

Equities

A347890

KR7347890006

Electrical Components & Equipment

End-of-day quote Korea S.E. 23:00:00 06/06/2024 BST 5-day change 1st Jan Change
7,150 KRW +0.70% Intraday chart for M2I Corporation -1.11% -7.02%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 146,564 153,872 133,882 130,063
Enterprise Value (EV) 1 119,335 122,802 99,245 96,307
P/E ratio 6.94 x 15.4 x 13.1 x 21 x
Yield - - - -
Capitalization / Revenue 4.41 x 3.92 x 3.21 x 3.94 x
EV / Revenue 3.59 x 3.13 x 2.38 x 2.92 x
EV / EBITDA 10.6 x 10 x 7.95 x 14.7 x
EV / FCF -11.5 x 25.9 x 19.7 x 26 x
FCF Yield -8.72% 3.87% 5.07% 3.85%
Price to Book 2.46 x 2.34 x 1.83 x 1.76 x
Nbr of stocks (in thousands) 16,798 16,798 16,798 16,913
Reference price 2 8,725 9,160 7,970 7,690
Announcement Date 01/03/21 01/03/22 01/03/23 29/02/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 22,372 24,715 33,223 39,287 41,683 33,021
EBITDA 1 5,483 7,026 11,253 12,269 12,482 6,550
EBIT 1 5,173 6,670 10,825 11,510 11,661 5,611
Operating Margin 23.12% 26.99% 32.58% 29.3% 27.98% 16.99%
Earnings before Tax (EBT) 1 5,531 7,043 11,952 11,847 12,335 6,816
Net income 1 4,839 6,003 9,956 10,028 10,486 6,316
Net margin 21.63% 24.29% 29.97% 25.53% 25.16% 19.13%
EPS 2 40,324 800.0 1,258 594.0 609.0 367.0
Free Cash Flow 1 2,274 3,862 -10,403 4,748 5,030 3,706
FCF margin 10.16% 15.63% -31.31% 12.09% 12.07% 11.22%
FCF Conversion (EBITDA) 41.47% 54.96% - 38.7% 40.3% 56.58%
FCF Conversion (Net income) 46.99% 64.34% - 47.35% 47.97% 58.67%
Dividend per Share - - - - - -
Announcement Date 01/03/19 29/02/20 01/03/21 01/03/22 01/03/23 29/02/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 18,072 18,127 27,229 31,069 34,637 33,755
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 2,274 3,862 -10,403 4,748 5,030 3,706
ROE (net income / shareholders' equity) 13.9% 16.4% 20.6% 16% 15.1% 8.68%
ROA (Net income/ Total Assets) 8.46% 10% 12.4% 10.3% 9.52% 4.49%
Assets 1 57,219 59,900 80,463 97,727 110,168 140,726
Book Value Per Share 2 307,835 4,956 3,545 3,916 4,346 4,374
Cash Flow per Share 2 29,765 417.0 311.0 189.0 231.0 243.0
Capex 1 270 2,802 16,627 203 326 527
Capex / Sales 1.21% 11.34% 50.05% 0.52% 0.78% 1.59%
Announcement Date 01/03/19 29/02/20 01/03/21 01/03/22 01/03/23 29/02/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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