Financials Poongsan Corporation

Equities

A103140

KR7103140000

Specialty Mining & Metals

End-of-day quote Korea S.E. 23:00:00 13/05/2024 BST 5-day change 1st Jan Change
76,300 KRW +1.06% Intraday chart for Poongsan Corporation +1.60% +94.64%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 666,699 782,951 872,592 919,125 1,070,720 2,084,079 - -
Enterprise Value (EV) 2 1,410 1,117 1,683 1,755 1,071 2,386 2,593 2,338
P/E ratio 37.8 x 10.9 x 3.59 x 5.04 x 6.84 x 9 x 9.3 x 9.04 x
Yield 2.52% 1.43% 3.21% 2.97% - 1.57% 1.57% 1.64%
Capitalization / Revenue 0.27 x 0.3 x 0.25 x 0.21 x 0.26 x 0.45 x 0.43 x 0.42 x
EV / Revenue 0.58 x 0.43 x 0.48 x 0.4 x 0.26 x 0.52 x 0.53 x 0.47 x
EV / EBITDA 10 x 5.04 x 4.09 x 5.2 x 3.61 x 5.49 x 6.11 x 5.35 x
EV / FCF 10 x 17.3 x -15.2 x 88.7 x - 54.8 x 13.2 x 14.7 x
FCF Yield 9.96% 5.77% -6.56% 1.13% - 1.82% 7.56% 6.82%
Price to Book 0.48 x 0.54 x 0.6 x 0.5 x - 0.99 x 0.91 x 0.85 x
Nbr of stocks (in thousands) 28,013 28,013 28,013 27,314 27,314 27,314 - -
Reference price 3 23,800 27,950 31,150 33,650 39,200 76,300 76,300 76,300
Announcement Date 05/02/20 08/02/21 08/02/22 08/02/23 07/02/24 - - -
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 2,451 2,594 3,509 4,373 4,125 4,584 4,859 4,963
EBITDA 1 140.7 221.9 411.8 337.5 296.8 434.5 424.3 436.9
EBIT 1 41.15 121.2 314.1 242.8 230.1 339.8 321.6 328.5
Operating Margin 1.68% 4.67% 8.95% 5.55% 5.58% 7.41% 6.62% 6.62%
Earnings before Tax (EBT) 1 26.35 98.97 306.8 230.9 202.6 323.5 303.9 317.3
Net income 1 17.62 71.9 231.7 182.9 158.9 242.4 229.3 236.5
Net margin 0.72% 2.77% 6.6% 4.18% 3.85% 5.29% 4.72% 4.77%
EPS 2 629.0 2,567 8,686 6,678 5,727 8,480 8,208 8,440
Free Cash Flow 3 140,448 64,487 -110,467 19,782 - 43,500 196,000 159,500
FCF margin 5,729.53% 2,486.35% -3,147.65% 452.36% - 948.99% 4,033.61% 3,214.06%
FCF Conversion (EBITDA) 99,833.37% 29,058.85% - 5,860.78% - 10,011.84% 46,191.55% 36,506.02%
FCF Conversion (Net income) 797,186.54% 89,694.7% - 10,817.22% - 17,947.66% 85,494.11% 67,441.86%
Dividend per Share 2 600.0 400.0 1,000 1,000 - 1,200 1,200 1,250
Announcement Date 05/02/20 08/02/21 08/02/22 08/02/23 07/02/24 - - -
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 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 884.8 976.1 1,051 1,161 1,028 1,133 1,045 1,036 930.8 1,114 963.5 1,266 1,109 1,309
EBITDA - - - - - - - - - - - - - -
EBIT 1 80.82 64.38 69.27 89.62 29.92 53.99 84.85 53.88 31.9 59.47 54.23 118.3 69.98 95.98
Operating Margin 9.13% 6.6% 6.59% 7.72% 2.91% 4.77% 8.12% 5.2% 3.43% 5.34% 5.63% 9.35% 6.31% 7.33%
Earnings before Tax (EBT) 1 85.99 58.79 64.29 103.4 37.78 25.43 70.66 53.26 27.06 51.57 50.08 105.7 59.3 104.4
Net income 1 61.42 44.12 43.41 67.67 23.33 48.46 54.23 44.94 20.51 39.22 32.62 85.2 49.88 74.44
Net margin 6.94% 4.52% 4.13% 5.83% 2.27% 4.28% 5.19% 4.34% 2.2% 3.52% 3.27% 6.73% 4.5% 5.68%
EPS 2,193 - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 28/10/21 08/02/22 28/04/22 14/07/22 27/10/22 08/02/23 27/04/23 28/07/23 31/10/23 07/02/24 30/04/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 743 334 810 836 - 302 508 254
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.283 x 1.507 x 1.968 x 2.476 x - 0.6947 x 1.198 x 0.5806 x
Free Cash Flow 2 140,448 64,487 -110,467 19,782 - 43,500 196,000 159,500
ROE (net income / shareholders' equity) 1.28% 5.09% 15.6% 10.3% - 11.7% 10% 9.54%
ROA (Net income/ Total Assets) 0.67% 2.81% 8.54% 5.58% - 6.54% 5.63% 5.75%
Assets 1 2,615 2,557 2,714 3,276 - 3,704 4,076 4,113
Book Value Per Share 3 49,327 51,561 51,561 67,692 - 76,965 83,923 89,893
Cash Flow per Share 3 7,199 4,088 -695.0 5,007 - 13,477 12,211 12,733
Capex 1 61.2 50 91 117 - 123 117 108
Capex / Sales 2.5% 1.93% 2.59% 2.67% - 2.69% 2.41% 2.18%
Announcement Date 05/02/20 08/02/21 08/02/22 08/02/23 07/02/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
76,300 KRW
Average target price
72,727 KRW
Spread / Average Target
-4.68%
Consensus

Quarterly revenue - Rate of surprise

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