Company Valuation: TBC

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 103,044 131,877 104,935 92,645 77,236 57,761
Change - 27.98% -20.43% -11.71% -16.63% -25.21%
Enterprise Value (EV) 1 43,374 73,558 43,961 31,842 11,560 -24,159
Change - 69.59% -40.24% -27.57% -63.69% -308.98%
P/E 27.3x 28.5x 21.3x 15x 20.3x 15.2x
PBR 0.91x 1.13x 0.86x 0.73x 0.6x 0.44x
PEG - 1.2x 3.29x 0.6x -0.5x -191.62x
Capitalization / Revenue 2.92x 3.08x 2.47x 2.13x 1.92x 1.35x
EV / Revenue 1.23x 1.72x 1.03x 0.73x 0.29x -0.57x
EV / EBITDA 10.8x 12.9x 8.31x 5.92x 4.2x -8.55x
EV / EBIT 16.1x 16.6x 10.8x 7.7x 7.91x -16.3x
EV / FCF 11.8x 27.4x -29.9x 21.5x 2.75x -2.92x
FCF Yield 8.48% 3.65% -3.34% 4.66% 36.4% -34.2%
Dividend per Share 2 50 65 75 90 55 -
Rate of return 0.92% 0.93% 1.35% 1.84% 1.35% -
EPS 2 199.3 244.8 260.6 327.6 201.1 200.9
Distribution rate 25.1% 26.6% 28.8% 27.5% 27.3% -
Net sales 1 35,292 42,843 42,483 43,506 40,284 42,691
EBITDA 1 4,018 5,696 5,291 5,377 2,755 2,826
EBIT 1 2,690 4,438 4,052 4,137 1,462 1,485
Net income 1 3,768 4,628 4,928 6,194 3,802 3,799
Net Debt 1 -59,670 -58,319 -60,973 -60,803 -65,675 -81,920
Reference price 2 5,450.00 6,975.00 5,550.00 4,900.00 4,085.00 3,055.00
Nbr of stocks (in thousands) 18,907 18,907 18,907 18,907 18,907 18,907
Announcement Date 17/03/21 16/03/22 15/03/23 21/03/24 20/03/25 19/03/26
1KRW in Million2KRW
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 21.9M
-25.39x2.72x11.76x-.--% 71.5B
11.66x1.59x6.86x0.84% 27.25B
5.52x2.08x5.82x4.05% 5.62B
15.32x0.76x5.85x7.66% 5.52B
9.67x1.16x3.69x3.17% 5.5B
12.88x0.92x6.34x1.58% 4.48B
11.24x2.34x4.53x3.28% 1.99B
12.29x0.66x7.51x3.48% 1.92B
Average 6.65x 1.53x 6.55x 3.01% 13.76B
Weighted average by Cap. -9.90x 2.18x 9.41x 1.02%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA