NOVAREX CO.,LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10,390 KRW | +7.89% |
|
+8.34% | -14.42% |
| 03-21 | NOVAREX Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| 2023 | NOVAREX Co.,Ltd.(KOSDAQ:A194700) dropped from S&P Global BMI Index | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 159,817 | 309,696 | 305,720 | 179,677 | 214,905 | 183,926 | - |
| Enterprise Value (EV) 2 | 151.9 | 328.7 | 324.6 | 179.7 | 214.9 | 173.8 | 157.7 |
| P/E ratio | 10.9 x | 12.3 x | 11.6 x | 8.42 x | 9.75 x | 7.29 x | 6.73 x |
| Yield | 1% | 0.51% | 0.78% | - | - | 1.44% | 1.44% |
| Capitalization / Revenue | 1 x | 1.39 x | 1.1 x | - | 0.71 x | 0.56 x | 0.51 x |
| EV / Revenue | 0.96 x | 1.48 x | 1.16 x | - | 0.71 x | 0.53 x | 0.44 x |
| EV / EBITDA | 7.98 x | 10.7 x | 9.07 x | - | 6.33 x | 4.07 x | 3.45 x |
| EV / FCF | -6.19 x | -13.6 x | -25.5 x | - | - | 8.31 x | 6.13 x |
| FCF Yield | -16.1% | -7.35% | -3.93% | - | - | 12% | 16.3% |
| Price to Book | 1.74 x | 2.68 x | 2.19 x | - | - | 0.86 x | 0.77 x |
| Nbr of stocks (in thousands) | 15,902 | 15,902 | 15,902 | 17,702 | 17,702 | 17,702 | - |
| Reference price 3 | 10,050 | 19,475 | 19,225 | 10,150 | 12,140 | 10,390 | 10,390 |
| Announcement Date | 10/02/20 | 09/02/21 | 07/03/22 | 22/03/23 | 21/03/24 | - | - |
1KRW in Million2KRW in Billions3KRW
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 159.1 | 222.8 | 278.8 | - | 302.2 | 330 | 359.6 |
| EBITDA 1 | 19.04 | 30.61 | 35.8 | - | 33.95 | 42.7 | 45.75 |
| EBIT 1 | 16.41 | 26.99 | 30.01 | - | 25.5 | 31.6 | 34.45 |
| Operating Margin | 10.31% | 12.11% | 10.76% | - | 8.44% | 9.57% | 9.58% |
| Earnings before Tax (EBT) 1 | 17.01 | 26.8 | 30.65 | - | 26.14 | 31.8 | 34.45 |
| Net income 1 | 14.51 | 25 | 26.4 | 19.99 | 22.04 | 26.8 | 28.9 |
| Net margin | 9.12% | 11.22% | 9.47% | - | 7.29% | 8.12% | 8.04% |
| EPS 2 | 925.0 | 1,581 | 1,660 | 1,206 | 1,245 | 1,426 | 1,544 |
| Free Cash Flow 3 | -24,538 | -24,151 | -12,746 | - | - | 20,900 | 25,750 |
| FCF margin | -15,423.02% | -10,838.24% | -4,571.9% | - | - | 6,332.37% | 7,161.73% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 48,946.14% | 56,284.15% |
| FCF Conversion (Net income) | - | - | - | - | - | 77,985.07% | 89,100.35% |
| Dividend per Share 2 | 100.0 | 100.0 | 150.0 | - | - | 150.0 | 150.0 |
| Announcement Date | 10/02/20 | 09/02/21 | 07/03/22 | 22/03/23 | 21/03/24 | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2023 Q2 | 2023 Q3 | 2023 Q4 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 67.84 | 79.64 | 78.33 | 78.1 | 76.04 | 80.47 | 76.39 |
| EBITDA | - | - | - | - | - | - | - |
| EBIT 1 | 5.898 | 9.361 | 8.455 | 8.783 | 7.241 | 7.649 | 5.641 |
| Operating Margin | 8.69% | 11.75% | 10.79% | 11.25% | 9.52% | 9.5% | 7.38% |
| Earnings before Tax (EBT) 1 | 6.346 | - | - | - | - | 8.164 | 5.669 |
| Net income 1 | 5.439 | 7.972 | 7.38 | 6.07 | 6.213 | 6.658 | 4.874 |
| Net margin | 8.02% | 10.01% | 9.42% | 7.77% | 8.17% | 8.27% | 6.38% |
| EPS | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 11/11/21 | 07/03/22 | 16/05/22 | 12/08/22 | 11/08/23 | 14/11/23 | 21/03/24 |
1KRW in Billions
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 19 | 18.9 | - | - | - | - |
| Net Cash position 1 | 7.87 | - | - | - | - | 10.2 | 26.2 |
| Leverage (Debt/EBITDA) | - | 0.6223 x | 0.528 x | - | - | - | - |
| Free Cash Flow 2 | -24,538 | -24,151 | -12,746 | - | - | 20,900 | 25,750 |
| ROE (net income / shareholders' equity) | 17% | 24% | 20.7% | - | - | 10.6% | 10.4% |
| ROA (Net income/ Total Assets) | 11.1% | 13.5% | 11.2% | - | - | 8.95% | 8.85% |
| Assets 1 | 130.3 | 185 | 235.1 | - | - | 299.4 | 326.6 |
| Book Value Per Share 3 | 5,772 | 7,270 | 8,783 | - | - | 12,102 | 13,499 |
| Cash Flow per Share | -227.0 | 1,023 | 1,517 | - | - | - | - |
| Capex 1 | 20.9 | 40.4 | 36.9 | - | - | 9.05 | 9.65 |
| Capex / Sales | 13.16% | 18.14% | 13.23% | - | - | 2.74% | 2.68% |
| Announcement Date | 10/02/20 | 09/02/21 | 07/03/22 | 22/03/23 | 21/03/24 | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
10,390
KRW
Average target price
16,500
KRW
Spread / Average Target
+58.81%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -14.42% | 133M | |
| +13.21% | 8.15B | |
| -0.47% | 7.27B | |
| +12.30% | 6.65B | |
| -6.99% | 3.72B | |
| -7.20% | 3.67B | |
| -4.78% | 1.31B | |
| +12.61% | 972M | |
| -43.12% | 866M | |
| -15.02% | 876M |
- Stock Market
- Equities
- A194700 Stock
- Financials NOVAREX Co.,Ltd.
