Financials Union Materials Corp.

Equities

A047400

KR7047400007

Electrical Components & Equipment

End-of-day quote Korea S.E. 23:00:00 25/04/2024 BST 5-day change 1st Jan Change
2,750 KRW -3.85% Intraday chart for Union Materials Corp. -9.84% -5.34%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 76,230 99,120 163,800 133,350 103,320 122,010
Enterprise Value (EV) 1 109,488 141,218 213,713 185,290 189,103 220,875
P/E ratio -8.14 x 41.4 x -121 x 245 x -481 x -6.76 x
Yield 1.93% 2.12% 0.51% 1.1% 1.42% -
Capitalization / Revenue 0.68 x 0.91 x 1.75 x 1.13 x 0.82 x 1.05 x
EV / Revenue 0.97 x 1.29 x 2.29 x 1.57 x 1.5 x 1.9 x
EV / EBITDA 15.1 x 16.6 x 42.1 x 29.4 x 22 x 46.3 x
EV / FCF -12.3 x -7.44 x -23.2 x -38.4 x -9.45 x -19.5 x
FCF Yield -8.12% -13.4% -4.31% -2.61% -10.6% -5.13%
Price to Book 0.91 x 1.15 x 1.97 x 1.59 x 1.23 x 1.91 x
Nbr of stocks (in thousands) 42,000 42,000 42,000 42,000 42,000 42,000
Reference price 2 1,815 2,360 3,900 3,175 2,460 2,905
Announcement Date 20/03/19 18/03/20 22/03/21 16/03/22 22/03/23 20/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 112,336 109,109 93,509 118,261 126,147 116,470
EBITDA 1 7,234 8,488 5,079 6,305 8,611 4,772
EBIT 1 481.7 3,646 94.32 -849 848.3 -4,668
Operating Margin 0.43% 3.34% 0.1% -0.72% 0.67% -4.01%
Earnings before Tax (EBT) 1 -11,683 3,649 -1,938 1,577 1,282 -18,932
Net income 1 -8,795 2,326 -1,345 543.6 -215 -18,050
Net margin -7.83% 2.13% -1.44% 0.46% -0.17% -15.5%
EPS 2 -223.1 56.96 -32.12 12.94 -5.119 -430.0
Free Cash Flow 1 -8,890 -18,992 -9,206 -4,830 -20,015 -11,332
FCF margin -7.91% -17.41% -9.85% -4.08% -15.87% -9.73%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 35.00 50.00 20.00 35.00 35.00 -
Announcement Date 20/03/19 18/03/20 22/03/21 16/03/22 22/03/23 20/03/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 33,258 42,098 49,913 51,940 85,783 98,865
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.597 x 4.96 x 9.827 x 8.237 x 9.962 x 20.72 x
Free Cash Flow 1 -8,890 -18,992 -9,206 -4,830 -20,015 -11,332
ROE (net income / shareholders' equity) -10.5% 2.76% -1.73% 0.32% -0.26% -24.5%
ROA (Net income/ Total Assets) 0.21% 1.43% 0.03% -0.29% 0.27% -1.49%
Assets 1 -4,160,386 162,907 -4,100,228 -190,119 -79,244 1,210,373
Book Value Per Share 2 1,997 2,045 1,980 1,997 1,996 1,521
Cash Flow per Share 2 42.80 57.50 241.0 210.0 130.0 41.90
Capex 1 9,399 21,305 12,097 3,672 16,511 5,861
Capex / Sales 8.37% 19.53% 12.94% 3.11% 13.09% 5.03%
Announcement Date 20/03/19 18/03/20 22/03/21 16/03/22 22/03/23 20/03/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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