COSMAX, INC. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 164,700 KRW | +2.68% |
|
+4.44% | +30.30% |
| 2023 | South Korea's Cosmax Plans Expansion in China with New Guangzhou Facility | MT |
| 2023 | China opens up to more destinations for outbound group tourism | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 802,679 | 999,543 | 991,611 | 840,714 | 1,434,092 | 1,868,631 | - | - |
| Enterprise Value (EV) 2 | 1,240 | 1,479 | 1,371 | 1,336 | 1,855 | 2,223 | 2,162 | 2,030 |
| P/E ratio | 25.2 x | 46.8 x | 12.6 x | 40.3 x | 25.1 x | 15.4 x | 13 x | 11.3 x |
| Yield | 1.13% | - | 0.63% | - | 0.4% | 0.33% | 0.41% | 0.4% |
| Capitalization / Revenue | 0.6 x | 0.72 x | 0.62 x | 0.53 x | 0.81 x | 0.85 x | 0.76 x | 0.68 x |
| EV / Revenue | 0.93 x | 1.07 x | 0.86 x | 0.84 x | 1.04 x | 1.01 x | 0.88 x | 0.74 x |
| EV / EBITDA | 13.5 x | 13.1 x | 7.86 x | 11.9 x | 10.6 x | 8.52 x | 7.44 x | 6.28 x |
| EV / FCF | -173 x | -84.5 x | 23.1 x | 72.8 x | 12.8 x | 64.4 x | 20.1 x | 14.5 x |
| FCF Yield | -0.58% | -1.18% | 4.33% | 1.37% | 7.8% | 1.55% | 4.97% | 6.92% |
| Price to Book | 2.34 x | 2.92 x | 1.77 x | 1.45 x | 3.96 x | 3.95 x | 3 x | 2.42 x |
| Nbr of stocks (in thousands) | 10,046 | 10,046 | 11,346 | 11,346 | 11,346 | 11,346 | - | - |
| Reference price 3 | 79,900 | 99,500 | 87,400 | 74,100 | 126,400 | 164,700 | 164,700 | 164,700 |
| Announcement Date | 2/20/20 | 3/2/21 | 3/7/22 | 3/9/23 | 3/7/24 | - | - | - |
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 | 1,331 | 1,383 | 1,591 | 1,600 | 1,777 | 2,192 | 2,458 | 2,749 |
| EBITDA 1 | 91.99 | 112.5 | 174.4 | 111.9 | 175.1 | 260.9 | 290.5 | 323.4 |
| EBIT 1 | 54 | 66.64 | 122.6 | 53.05 | 115.7 | 193.5 | 218.7 | 250.9 |
| Operating Margin | 4.06% | 4.82% | 7.7% | 3.32% | 6.51% | 8.83% | 8.9% | 9.13% |
| Earnings before Tax (EBT) 1 | 35.93 | 0.1134 | 78.27 | 6.121 | 84.22 | 164.5 | 192.9 | 227.2 |
| Net income 1 | 31.82 | 21.38 | 34.44 | 20.85 | 37.8 | 121.6 | 143.7 | 165.7 |
| Net margin | 2.39% | 1.55% | 2.16% | 1.3% | 2.13% | 5.55% | 5.85% | 6.03% |
| EPS 2 | 3,168 | 2,128 | 6,944 | 1,838 | 5,036 | 10,706 | 12,637 | 14,549 |
| Free Cash Flow 3 | -7,181 | -17,499 | 59,293 | 18,366 | 144,737 | 34,530 | 107,400 | 140,389 |
| FCF margin | -539.64% | -1,265.43% | 3,725.65% | 1,147.76% | 8,142.78% | 1,575.36% | 4,369.46% | 5,106.62% |
| FCF Conversion (EBITDA) | - | - | 33,998.22% | 16,411.19% | 82,650.7% | 13,233.99% | 36,976.33% | 43,404.7% |
| FCF Conversion (Net income) | - | - | 172,188.56% | 88,094.51% | 382,902.16% | 28,388.63% | 74,730.59% | 84,733.26% |
| Dividend per Share 2 | 900.0 | - | 550.0 | - | 500.0 | 545.8 | 674.3 | 654.5 |
| Announcement Date | 2/20/20 | 3/2/21 | 3/7/22 | 3/9/23 | 3/7/24 | - | - | - |
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 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 395 | 421.2 | 397.9 | 405 | 396.8 | 400.5 | 403.3 | 479.3 | 458.3 | 436.7 | 526.8 | 585.4 | 559 | 535.8 | 592 |
| EBITDA | 38.78 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 24.97 | 30.42 | 13.74 | 17.23 | 19.74 | 2.391 | 13.81 | 46.05 | 33.3 | 22.52 | 45.45 | 59.25 | 48.18 | 41.12 | 48 |
| Operating Margin | 6.32% | 7.22% | 3.45% | 4.25% | 4.98% | 0.6% | 3.43% | 9.61% | 7.27% | 5.16% | 8.63% | 10.12% | 8.62% | 7.67% | 8.11% |
| Earnings before Tax (EBT) 1 | 9.617 | 6.811 | 13.31 | 17.43 | 25.77 | -50.34 | 9.831 | 37.46 | 26.84 | 10.1 | 33.88 | 50.98 | 40.8 | 32.85 | 45 |
| Net income 1 | 11.18 | 15.18 | 15.28 | 11.49 | 11.32 | -17.24 | 6.703 | 30.45 | 15.24 | 4.748 | 19.24 | 38.8 | 30.25 | 28.55 | 35 |
| Net margin | 2.83% | 3.6% | 3.84% | 2.84% | 2.85% | -4.31% | 1.66% | 6.35% | 3.33% | 1.09% | 3.65% | 6.63% | 5.41% | 5.33% | 5.91% |
| EPS 2 | 985.0 | 1,196 | 1,347 | 1,013 | 997.0 | -1,519 | 591.0 | 2,684 | 1,343 | 418.0 | 1,696 | 3,653 | 3,255 | 2,146 | 3,275 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/10/21 | 3/7/22 | 5/16/22 | 8/16/22 | 11/14/22 | 3/9/23 | 5/12/23 | 8/10/23 | 11/13/23 | 3/7/24 | 5/13/24 | - | - | - | - |
1KRW in Billions2KRW
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 437 | 479 | 379 | 496 | 421 | 354 | 294 | 161 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.752 x | 4.261 x | 2.173 x | 4.429 x | 2.405 x | 1.359 x | 1.001 x | 0.4992 x |
| Free Cash Flow 2 | -7,181 | -17,499 | 59,293 | 18,366 | 144,737 | 34,530 | 107,400 | 140,389 |
| ROE (net income / shareholders' equity) | 10.5% | 6.23% | 9.34% | 3.97% | 9.42% | 28.8% | 25.4% | 22.6% |
| ROA (Net income/ Total Assets) | 3.42% | 1.79% | 5.72% | 1.48% | 3.87% | 7.3% | 8.09% | 8.24% |
| Assets 1 | 929.4 | 1,197 | 601.6 | 1,404 | 977 | 1,644 | 1,794 | 1,983 |
| Book Value Per Share 3 | 34,190 | 34,133 | 49,474 | 51,220 | 31,952 | 41,679 | 54,851 | 67,942 |
| Cash Flow per Share 3 | 7,423 | 4,127 | 8,818 | 9,037 | 20,362 | 17,442 | 21,719 | 23,936 |
| Capex 1 | 81.7 | 59 | 40.8 | 84.2 | 86.3 | 97.2 | 95 | 94.3 |
| Capex / Sales | 6.14% | 4.26% | 2.56% | 5.26% | 4.85% | 4.44% | 3.85% | 3.44% |
| Announcement Date | 2/20/20 | 3/2/21 | 3/7/22 | 3/9/23 | 3/7/24 | - | - | - |
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
16
Last Close Price
164,700
KRW
Average target price
189,438
KRW
Spread / Average Target
+15.02%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +30.30% | 1.37B | |
| +20.12% | 20.76B | |
| 0.00% | 19.32B | |
| +11.99% | 12.59B | |
| -15.78% | 9.03B | |
| +23.93% | 8.1B | |
| +9.36% | 5.93B | |
| -2.84% | 4.46B | |
| -17.38% | 3.81B | |
| -9.91% | 3.59B |
- Stock Market
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- A192820 Stock
- Financials Cosmax, Inc.
