Financials Rorze Systems Corporation

Equities

A071280

KR7071280002

Semiconductor Equipment & Testing

End-of-day quote Korea S.E. 23:00:00 13/05/2024 BST 5-day change 1st Jan Change
11,390 KRW +3.64% Intraday chart for Rorze Systems Corporation -1.13% +82.83%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 46,538 80,398 96,209 90,839 118,881 92,927
Enterprise Value (EV) 1 41,466 96,977 104,395 64,808 93,434 57,723
P/E ratio -34.4 x 67.4 x 11.5 x 9.61 x 5.87 x 10.5 x
Yield - - - 0.33% 0.63% 0.8%
Capitalization / Revenue 0.63 x 1.01 x 0.53 x 0.82 x 0.82 x 0.88 x
EV / Revenue 0.56 x 1.22 x 0.58 x 0.59 x 0.65 x 0.55 x
EV / EBITDA -3,138 x 17.1 x 8.79 x 3.97 x 3.2 x 3.93 x
EV / FCF -3.03 x -5.2 x 21.9 x 4.25 x -99.9 x 4.01 x
FCF Yield -33% -19.2% 4.57% 23.5% -1% 24.9%
Price to Book 0.72 x 1.23 x 1.31 x 1.09 x 1.14 x 0.83 x
Nbr of stocks (in thousands) 14,916 14,916 14,916 14,916 14,916 14,916
Reference price 2 3,120 5,390 6,450 6,090 7,970 6,230
Announcement Date 20/03/19 06/03/20 11/03/21 14/03/22 20/03/23 15/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 73,998 79,780 180,210 110,200 144,576 105,269
EBITDA 1 -13.21 5,660 11,874 16,310 29,228 14,670
EBIT 1 -1,102 4,265 9,263 13,318 26,436 11,926
Operating Margin -1.49% 5.35% 5.14% 12.09% 18.29% 11.33%
Earnings before Tax (EBT) 1 -1,827 3,941 10,148 11,812 25,891 11,678
Net income 1 -1,359 1,197 8,380 9,457 20,251 8,866
Net margin -1.84% 1.5% 4.65% 8.58% 14.01% 8.42%
EPS 2 -90.68 80.00 561.8 634.0 1,358 594.4
Free Cash Flow 1 -13,692 -18,656 4,766 15,249 -935.6 14,387
FCF margin -18.5% -23.38% 2.64% 13.84% -0.65% 13.67%
FCF Conversion (EBITDA) - - 40.14% 93.5% - 98.07%
FCF Conversion (Net income) - - 56.87% 161.25% - 162.26%
Dividend per Share - - - 20.00 50.00 50.00
Announcement Date 20/03/19 06/03/20 11/03/21 14/03/22 20/03/23 15/03/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 16,580 8,187 - - -
Net Cash position 1 5,072 - - 26,031 25,447 35,204
Leverage (Debt/EBITDA) - 2.929 x 0.6895 x - - -
Free Cash Flow 1 -13,692 -18,656 4,766 15,249 -936 14,387
ROE (net income / shareholders' equity) -2.06% 1.84% 12.1% 12% 21.5% 8.21%
ROA (Net income/ Total Assets) -0.77% 2.48% 4.85% 6.88% 12.8% 5.51%
Assets 1 177,137 48,171 172,630 137,513 157,691 160,905
Book Value Per Share 2 4,329 4,383 4,921 5,602 7,003 7,484
Cash Flow per Share 2 1,574 905.0 1,039 2,115 1,807 2,357
Capex 1 13,110 20,807 12,564 766 4,056 317
Capex / Sales 17.72% 26.08% 6.97% 0.7% 2.81% 0.3%
Announcement Date 20/03/19 06/03/20 11/03/21 14/03/22 20/03/23 15/03/24
1KRW in Million2KRW
Estimates
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