Financials Miwon Holdings Co., Ltd.

Equities

A107590

KR7107590002

Specialty Chemicals

End-of-day quote Korea S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
78,700 KRW -0.25% Intraday chart for Miwon Holdings Co., Ltd. -0.63% -0.13%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 80,563 95,836 179,336 350,745 254,666 182,457
Enterprise Value (EV) 1 96,523 134,787 228,923 425,053 352,470 280,757
P/E ratio 8.32 x 6.24 x 10.2 x 10.6 x 12.6 x 13.8 x
Yield 1.16% 0.97% 0.65% 0.33% 0.64% -
Capitalization / Revenue 0.57 x 0.51 x 0.62 x 0.83 x 0.51 x 0.41 x
EV / Revenue 0.68 x 0.72 x 0.79 x 1.01 x 0.71 x 0.63 x
EV / EBITDA 18.3 x 12.4 x 8 x 11.9 x 12.2 x 12.1 x
EV / FCF 16.8 x -6.23 x 13.7 x 51.3 x -24.9 x -206 x
FCF Yield 5.95% -16.1% 7.29% 1.95% -4.01% -0.49%
Price to Book 0.61 x 0.65 x 1.1 x 1.73 x 1.15 x 0.78 x
Nbr of stocks (in thousands) 2,332 2,332 2,320 2,315 2,315 2,315
Reference price 2 34,550 41,100 77,300 151,500 110,000 78,800
Announcement Date 3/19/19 3/17/20 3/19/21 3/23/22 3/22/23 3/21/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 141,971 188,377 288,971 421,386 499,293 443,162
EBITDA 1 5,282 10,860 28,604 35,824 28,815 23,120
EBIT 1 3,613 7,764 21,798 29,724 22,841 15,564
Operating Margin 2.54% 4.12% 7.54% 7.05% 4.57% 3.51%
Earnings before Tax (EBT) 1 13,188 20,248 30,303 51,974 25,036 16,590
Net income 1 9,687 15,368 17,556 33,137 20,181 13,215
Net margin 6.82% 8.16% 6.08% 7.86% 4.04% 2.98%
EPS 2 4,155 6,591 7,557 14,308 8,717 5,708
Free Cash Flow 1 5,741 -21,634 16,686 8,283 -14,136 -1,364
FCF margin 4.04% -11.48% 5.77% 1.97% -2.83% -0.31%
FCF Conversion (EBITDA) 108.68% - 58.34% 23.12% - -
FCF Conversion (Net income) 59.26% - 95.05% 25% - -
Dividend per Share 2 400.0 400.0 500.0 500.0 700.0 -
Announcement Date 3/19/19 3/17/20 3/19/21 3/23/22 3/22/23 3/21/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 15,960 38,951 49,587 74,307 97,803 98,300
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.022 x 3.587 x 1.734 x 2.074 x 3.394 x 4.252 x
Free Cash Flow 1 5,741 -21,634 16,686 8,283 -14,136 -1,364
ROE (net income / shareholders' equity) 7.66% 9.87% 12% 18.5% 10.8% 6.48%
ROA (Net income/ Total Assets) 1.17% 1.81% 4.22% 4.9% 3.13% 2.04%
Assets 1 827,646 850,688 416,494 676,079 645,117 647,627
Book Value Per Share 2 56,573 62,937 70,128 87,327 95,466 100,783
Cash Flow per Share 2 5,298 6,431 6,156 6,034 4,050 5,151
Capex 1 1,616 1,040 3,275 3,462 26,592 18,507
Capex / Sales 1.14% 0.55% 1.13% 0.82% 5.33% 4.18%
Announcement Date 3/19/19 3/17/20 3/19/21 3/23/22 3/22/23 3/21/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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