Financials Solus Advanced Materials Co., Ltd.

Equities

A336370

KR7336370002

Electronic Equipment & Parts

End-of-day quote Korea S.E. 23:00:00 13/05/2024 BST 5-day change 1st Jan Change
16,690 KRW -0.48% Intraday chart for Solus Advanced Materials Co., Ltd. -2.34% +25.96%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 622,502 1,632,940 2,898,762 1,135,718 999,815 1,240,943 - -
Enterprise Value (EV) 2 720.3 1,562 3,023 1,151 999.8 1,695 1,910 2,043
P/E ratio 44.8 x -178 x 298 x -129 x 12.9 x 481 x 84.9 x 65.3 x
Yield - - 0.01% 0.34% - 0.4% 0.4% 0.45%
Capitalization / Revenue 2.22 x 5.63 x 7.6 x 2.46 x 2.33 x 2.07 x 1.49 x 1.15 x
EV / Revenue 2.57 x 5.38 x 7.93 x 2.49 x 2.33 x 2.83 x 2.29 x 1.89 x
EV / EBITDA 13.1 x 31.2 x 80.4 x 912 x -65.8 x 34.1 x 15.4 x 14.4 x
EV / FCF - -7.71 x -11 x -2.63 x - -8.35 x -10.6 x -11.8 x
FCF Yield - -13% -9.06% -38% - -12% -9.4% -8.44%
Price to Book 5.49 x 5.19 x 9.04 x 1.8 x - 1.98 x 2 x 1.84 x
Nbr of stocks (in thousands) 61,180 75,899 75,899 90,897 90,897 90,890 - -
Reference price 3 10,175 24,775 44,650 15,000 13,250 16,690 16,690 16,690
Announcement Date 17/03/20 08/02/21 16/03/22 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 1 280 290.2 381.2 461.2 429.4 598.8 835 1,081
EBITDA 1 55.09 50 37.6 1.261 -15.2 49.72 124.1 141.4
EBIT 1 40.72 30.39 2.04 -45.21 -73.4 -23.61 48.15 57.48
Operating Margin 14.54% 10.47% 0.54% -9.8% -17.09% -3.94% 5.77% 5.32%
Earnings before Tax (EBT) 1 27.4 -2.277 0.6067 -36.74 188.1 -34.63 33.68 40.37
Net income 1 17.23 -11.49 11.87 -13.4 126.7 1.033 27.68 23.2
Net margin 6.15% -3.96% 3.12% -2.91% 29.51% 0.17% 3.31% 2.15%
EPS 2 227.3 -139.5 150.0 -116.0 1,026 34.70 196.5 255.5
Free Cash Flow 3 - -202,692 -274,010 -437,041 - -202,900 -179,480 -172,500
FCF margin - -69,854.32% -71,887.17% -94,757.65% - -33,882.53% -21,495.49% -15,959.77%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - 5.000 50.50 - 66.67 66.67 75.00
Announcement Date 17/03/20 08/02/21 16/03/22 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 1 104.5 95.71 123.6 125.4 105.6 109.1 112.8 101.1 111.2 104.3 121.3 136.8 161.2 181.6
EBITDA - - -2.411 4.4 -9.121 -2.648 - - - - - - - -
EBIT 1 3.8 -4.17 -2.4 -7 -19.6 -15.6 -19 -23.8 -20.4 -10.2 -14 -8.85 -3.8 4.575
Operating Margin 3.64% -4.36% -1.94% -5.58% -18.56% -14.3% -16.84% -23.54% -18.35% -9.78% -11.54% -6.47% -2.36% 2.52%
Earnings before Tax (EBT) 1 2.8 -5.126 - 6.1 -14.8 -26.9 - -30.15 293.9 - -7.3 -10.3 -7.1 -1.9
Net income 1 2.8 1.676 0.1 4.6 -9.7 -9.8 -11.2 -13.19 227.3 -20.8 1.7 -1.6 0.7 5.25
Net margin 2.68% 1.75% 0.08% 3.67% -9.19% -8.98% -9.93% -13.05% 204.39% -19.94% 1.4% -1.17% 0.43% 2.89%
EPS - - 1.000 58.00 -101.5 -73.50 - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 12/11/21 16/03/22 21/04/22 20/07/22 28/10/22 08/02/23 25/04/23 26/07/23 27/10/23 07/02/24 24/04/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 97.8 - 124 14.9 - 454 669 802
Net Cash position 1 - 71.1 - - - - - -
Leverage (Debt/EBITDA) 1.776 x - 3.298 x 11.82 x - 9.134 x 5.391 x 5.672 x
Free Cash Flow 2 - -202,692 -274,010 -437,041 - -202,900 -179,480 -172,500
ROE (net income / shareholders' equity) 25.6% -3.64% 0.02% -7.07% 12.8% -0.94% 1.95% 0.8%
ROA (Net income/ Total Assets) 7.27% -1.72% 1.28% -1.08% - -1.63% 1.11% 0.68%
Assets 1 237 668 926.4 1,237 - -63.54 2,496 3,430
Book Value Per Share 3 1,853 4,775 4,942 8,341 - 8,427 8,341 9,061
Cash Flow per Share 3 - -389.0 -530.0 -1,626 - 539.0 1,602 1,073
Capex 1 - 172 232 329 - 373 322 263
Capex / Sales - 59.25% 60.88% 71.31% - 62.3% 38.51% 24.31%
Announcement Date 17/03/20 08/02/21 16/03/22 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
OUTPERFORM
Number of Analysts
9
Last Close Price
16,690 KRW
Average target price
18,389 KRW
Spread / Average Target
+10.18%
Consensus
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