Financials Sajodaerim Corporation

Equities

A003960

KR7003960002

Food Processing

End-of-day quote Korea S.E. 23:00:00 15/05/2024 BST 5-day change 1st Jan Change
44,000 KRW +8.37% Intraday chart for Sajodaerim Corporation +7.84% +40.58%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 144,246 117,649 119,855 185,665 199,636 242,676
Enterprise Value (EV) 1 356,733 464,148 405,438 424,940 380,871 274,072
P/E ratio 14.6 x 1.31 x 3.54 x 2.96 x 2.8 x 2.58 x
Yield 0.62% 0.94% 1.23% 1.19% 1.29% 1.12%
Capitalization / Revenue 0.15 x 0.09 x 0.07 x 0.1 x 0.1 x 0.12 x
EV / Revenue 0.38 x 0.35 x 0.24 x 0.23 x 0.19 x 0.13 x
EV / EBITDA 6.82 x 8.64 x 5.24 x 3.12 x 3.06 x 1.62 x
EV / FCF -11 x -5.1 x 8.9 x 10.7 x 9.97 x 2.04 x
FCF Yield -9.12% -19.6% 11.2% 9.34% 10% 49%
Price to Book 0.65 x 0.37 x 0.34 x 0.44 x 0.4 x 0.41 x
Nbr of stocks (in thousands) 5,961 7,353 7,353 7,353 7,353 7,753
Reference price 2 24,200 16,000 16,300 25,250 27,150 31,300
Announcement Date 14/03/19 19/03/20 18/03/21 16/03/22 15/03/23 13/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 937,111 1,329,706 1,718,104 1,813,695 2,018,753 2,063,075
EBITDA 1 52,272 53,695 77,312 136,058 124,371 169,268
EBIT 1 33,633 28,409 46,674 103,224 93,078 138,566
Operating Margin 3.59% 2.14% 2.72% 5.69% 4.61% 6.72%
Earnings before Tax (EBT) 1 20,332 97,499 52,098 96,967 85,136 132,307
Net income 1 9,917 82,577 33,837 62,708 71,248 91,338
Net margin 1.06% 6.21% 1.97% 3.46% 3.53% 4.43%
EPS 2 1,663 12,176 4,600 8,525 9,686 12,118
Free Cash Flow 1 -32,534 -91,061 45,557 39,672 38,196 134,227
FCF margin -3.47% -6.85% 2.65% 2.19% 1.89% 6.51%
FCF Conversion (EBITDA) - - 58.93% 29.16% 30.71% 79.3%
FCF Conversion (Net income) - - 134.64% 63.27% 53.61% 146.96%
Dividend per Share 2 150.0 150.0 200.0 300.0 350.0 350.0
Announcement Date 14/03/19 19/03/20 18/03/21 16/03/22 15/03/23 13/03/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 212,487 346,499 285,583 239,275 181,235 31,395
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.065 x 6.453 x 3.694 x 1.759 x 1.457 x 0.1855 x
Free Cash Flow 1 -32,534 -91,061 45,557 39,672 38,196 134,227
ROE (net income / shareholders' equity) 4.65% 23.5% 8.26% 13.7% 13.1% 16.3%
ROA (Net income/ Total Assets) 3% 1.98% 2.66% 5.7% 5.05% 7.12%
Assets 1 330,494 4,166,787 1,273,115 1,100,281 1,410,898 1,282,085
Book Value Per Share 2 37,350 43,195 48,631 57,572 67,652 75,466
Cash Flow per Share 2 2,766 3,424 9,882 7,284 4,142 22,357
Capex 1 36,176 52,098 39,628 17,961 21,263 14,660
Capex / Sales 3.86% 3.92% 2.31% 0.99% 1.05% 0.71%
Announcement Date 14/03/19 19/03/20 18/03/21 16/03/22 15/03/23 13/03/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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