KOREAN AIR LINES CO.

A003490
End-of-day quote. End-of-day quote  - 08/16
26600KRW +1.53%
Valuation
Fiscal Period: December 2021 2022
Capitalization1 10 249 9739 832 102
Enterprise Value (EV)2 18 62916 675
P/E ratio 17,7x6,30x
Yield -0,38%
Capitalization / Revenue 1,14x0,74x
EV / Revenue 2,07x1,25x
EV / EBITDA 5,98x4,23x
Price to Book 1,39x1,17x
Nbr of stocks (in thousands) 348 932369 331
Reference price (KRW) 29 35026 600
Announcement Date 01/27/2022-
Previous period Next period
1 KRW in Million
2 KRW in Billions
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2021 2022
Net sales1 9 01713 373
EBITDA1 3 1133 939
Operating profit (EBIT)1 1 4182 562
Operating Margin 15,7%19,2%
Pre-Tax Profit (EBT)1 7972 124
Net income1 5311 520
Net margin 5,89%11,4%
EPS2 1 6624 224
Dividend per Share2 -100
Announcement Date 01/27/2022-
Previous period Next period
1 KRW in Billions
2 KRW
Estimates
Finances - Leverage
Fiscal Period: December 2021 2022
Net Debt1 8 3796 843
Net Cash position1 --
Leverage (Debt / EBITDA) 2,69x1,74x
Free Cash Flow2 3 171 2312 177 500
ROE (Net Profit / Equities) 10,5%18,7%
Shareholders' equity1 5 0668 128
ROA (Net Profit / Asset) 2,23%5,30%
Assets1 23 80628 679
Book Value Per Share3 21 06322 808
Cash Flow per Share3 10 32412 133
Capex1 343851
Capex / Sales 3,80%6,36%
Announcement Date 01/27/2022-
Previous period Next period
1 KRW in Billions
2 KRW in Million
3 KRW
Estimates
Financial Ratios
Size 2022e 2023e
Capitalization 9 832 102 M KRW -
Enterprise Value (EV) 9 838 945 M KRW 9 837 401 M KRW
Valuation 2022e 2023e
P/E ratio (Price / EPS) 6,30x 11,0x
Capitalization / Revenue 735x 690x
EV / Revenue 736x 691x
EV / EBITDA 2 498x 3 585x
Yield (DPS / Price) 0,38% 0,75%
Price to book (Price / BVPS) 1,17x 1,10x
Profitability 2022e 2023e
Operating Margin (EBIT / Sales) 19,2% 11,9%
Operating Leverage (Delta EBIT / Delta Sales) 1,67x -
Net Margin (Net Profit / Revenue) 11,4% 6,13%
ROA (Net Profit / Asset) 5,30% 2,07%
ROE (Net Profit / Equities) 18,7% 9,01%
Rate of Dividend 2,37% 8,30%
Balance Sheet Analysis 2022e 2023e
CAPEX / Sales   6,36% 8,32%
Cash Flow / CA 33,5% 16,8%
Capital Intensity (Assets / Revenue) 2,14x 2,97x
Financial Leverage (Net Debt / EBITDA) 1,74x 1,93x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend