TAE KWANG CORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 13,440 KRW | +4.27% |
|
+9.45% | -8.76% |
| 01-25 | Tae Kwang Corporation's Equity Buyback Plan Extended till January 26, 2025. | CI |
| 2023 | Tae Kwang Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 198,143 | 280,660 | 416,463 | 381,024 | 347,656 | - | - |
| Enterprise Value (EV) 2 | 198.1 | 226.8 | 416.5 | 381 | 193.4 | 134.9 | 82.56 |
| P/E ratio | - | 18.5 x | 11.6 x | 6.92 x | 6.4 x | 5.26 x | 5.37 x |
| Yield | - | 0.92% | - | - | 1.26% | 1.26% | 1.26% |
| Capitalization / Revenue | 1.05 x | 1.52 x | 1.67 x | 1.22 x | 1.16 x | 0.97 x | 0.99 x |
| EV / Revenue | 1.05 x | 1.23 x | 1.67 x | 1.22 x | 0.64 x | 0.38 x | 0.24 x |
| EV / EBITDA | 60 x | 10 x | 7.68 x | 5.69 x | 2.94 x | 1.6 x | 1 x |
| EV / FCF | 6.69 x | 8.29 x | - | - | 28 x | 2.64 x | 2.27 x |
| FCF Yield | 14.9% | 12.1% | - | - | 3.57% | 37.9% | 44% |
| Price to Book | - | 0.66 x | - | - | 0.61 x | 0.55 x | 0.5 x |
| Nbr of stocks (in thousands) | 25,867 | 25,867 | 25,867 | 25,867 | 25,867 | - | - |
| Reference price 3 | 7,660 | 10,850 | 16,100 | 14,730 | 13,440 | 13,440 | 13,440 |
| Announcement Date | 12/03/21 | 11/03/22 | 23/02/23 | 29/02/24 | - | - | - |
1KRW in Million2KRW in Billions3KRW
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 188.4 | 185.1 | 249.1 | 312.1 | 300.6 | 357.5 | 350.4 |
| EBITDA 1 | 3.301 | 22.61 | 54.25 | 66.97 | 65.86 | 84.47 | 82.3 |
| EBIT 1 | -3.113 | 13.53 | 45.39 | 57.72 | 56.8 | 76.03 | 73.95 |
| Operating Margin | -1.65% | 7.31% | 18.22% | 18.5% | 18.9% | 21.27% | 21.1% |
| Earnings before Tax (EBT) 1 | -7.639 | 22.04 | 46.83 | 70.64 | 71.37 | 88.67 | 86.6 |
| Net income 1 | -5.042 | 15.22 | 36.84 | - | 55.67 | 67.7 | 66.3 |
| Net margin | -2.68% | 8.22% | 14.79% | - | 18.52% | 18.94% | 18.92% |
| EPS 2 | - | 588.0 | 1,383 | 2,129 | 2,101 | 2,554 | 2,504 |
| Free Cash Flow 3 | 29,611 | 27,358 | - | - | 6,900 | 51,150 | 36,320 |
| FCF margin | 15,716.77% | 14,776.46% | - | - | 2,295.79% | 14,309.03% | 10,363.82% |
| FCF Conversion (EBITDA) | 896,938.13% | 120,996.82% | - | - | 10,477.56% | 60,556.43% | 44,133.91% |
| FCF Conversion (Net income) | - | 179,774.59% | - | - | 12,395.21% | 75,553.91% | 54,781.3% |
| Dividend per Share 2 | - | 100.0 | - | - | 170.0 | 170.0 | 170.0 |
| Announcement Date | 12/03/21 | 11/03/22 | 23/02/23 | 29/02/24 | - | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 49.25 | 45.88 | 56.49 | 67.94 | 75.64 | 83.91 | 82.22 | 74.59 | 71.34 | 67 | 72 | 78 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | 5.211 | 2.921 | - | 10.38 | 16.53 | 19.92 | 18.07 | 12.24 | 7.493 | - | - | - |
| Operating Margin | 10.58% | 6.37% | - | 15.28% | 21.85% | 23.74% | 21.97% | 16.41% | 10.5% | - | - | - |
| Earnings before Tax (EBT) 1 | 9.819 | 3.606 | - | - | 2.891 | 26.18 | 21.71 | - | - | 14 | 16 | 18 |
| Net income 1 | 6.784 | 2.916 | - | - | - | 19.39 | 17.04 | 11.49 | 6.11 | 11 | 12 | 13 |
| Net margin | 13.78% | 6.36% | - | - | - | 23.1% | 20.72% | 15.4% | 8.56% | 16.42% | 16.67% | 16.67% |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/11/21 | 11/03/22 | 23/08/22 | 13/11/22 | 23/02/23 | 10/05/23 | 10/08/23 | 08/11/23 | 29/02/24 | - | - | - |
1KRW in Billions
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 53.8 | - | - | 154 | 213 | 265 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 2 | 29,611 | 27,358 | - | - | 6,900 | 51,150 | 36,320 |
| ROE (net income / shareholders' equity) | - | 4.23% | 7.54% | - | 10% | 11.1% | 9.8% |
| ROA (Net income/ Total Assets) | -1.07% | 3.15% | - | - | 8.31% | 9.37% | 8.31% |
| Assets 1 | 472.4 | 483.5 | - | - | 669.6 | 722.5 | 798.3 |
| Book Value Per Share 3 | - | 16,458 | - | - | 22,017 | 24,450 | 26,646 |
| Cash Flow per Share 3 | - | 1,595 | - | - | 2,620 | 3,076 | - |
| Capex 1 | 18.5 | 13.9 | - | - | - | 8 | - |
| Capex / Sales | 9.83% | 7.51% | - | - | - | 2.24% | - |
| Announcement Date | 12/03/21 | 11/03/22 | 23/02/23 | 29/02/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
13,440
KRW
Average target price
22,667
KRW
Spread / Average Target
+68.65%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -8.76% | 243M | |
| +21.86% | 9.06B | |
| +24.09% | 6.73B | |
| +15.90% | 5.13B | |
| +9.98% | 4.89B | |
| +23.10% | 4.4B | |
| -23.16% | 3.07B | |
| +5.53% | 2.61B | |
| -28.59% | 2.59B | |
| 0.00% | 2.58B |
- Stock Market
- Equities
- A023160 Stock
- Financials Tae Kwang Corporation
