Financials Miwon Specialty Chemical Co., Ltd.

Equities

A268280

KR7268280005

Specialty Chemicals

End-of-day quote Korea S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
138,600 KRW +0.14% Intraday chart for Miwon Specialty Chemical Co., Ltd. -0.07% +0.87%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 337,294 380,342 532,950 1,094,685 770,770 678,566
Enterprise Value (EV) 1 332,261 339,496 466,197 1,060,813 766,512 612,002
P/E ratio 9.32 x 9.55 x 15.4 x 13.7 x 11.9 x 36.6 x
Yield - 2.35% 1.63% 0.96% 1.49% 1.53%
Capitalization / Revenue 0.94 x 1.01 x 1.43 x 2.06 x 1.26 x 1.55 x
EV / Revenue 0.92 x 0.9 x 1.25 x 2 x 1.25 x 1.4 x
EV / EBITDA 6.12 x 5.44 x 7.09 x 9.49 x 7.58 x 12.1 x
EV / FCF - 9,959,597 x 11,422,103 x -32,383,589 x -26,570,757 x 7,845,061 x
FCF Yield - 0% 0% -0% -0% 0%
Price to Book 1.53 x 1.51 x 2.04 x 3.36 x 2.03 x 1.79 x
Nbr of stocks (in thousands) 5,221 5,268 5,100 5,010 5,005 4,939
Reference price 2 64,600 72,200 104,500 218,500 154,000 137,400
Announcement Date 3/11/20 3/11/20 3/10/21 3/17/22 3/15/23 3/13/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 360,435 377,851 371,990 531,343 611,650 437,673
EBITDA 1 54,282 62,441 65,716 111,784 101,140 50,742
EBIT 1 40,031 46,588 49,208 95,032 80,853 22,527
Operating Margin 11.11% 12.33% 13.23% 17.89% 13.22% 5.15%
Earnings before Tax (EBT) 1 44,676 49,229 45,795 105,499 84,896 27,013
Net income 1 35,974 39,565 34,666 79,903 64,824 18,605
Net margin 9.98% 10.47% 9.32% 15.04% 10.6% 4.25%
EPS 2 6,932 7,559 6,769 15,897 12,932 3,758
Free Cash Flow - 34,087 40,815 -32,758 -28,848 78,011
FCF margin - 9.02% 10.97% -6.17% -4.72% 17.82%
FCF Conversion (EBITDA) - 54.59% 62.11% - - 153.74%
FCF Conversion (Net income) - 86.15% 117.74% - - 419.31%
Dividend per Share - 1,700 1,700 2,100 2,300 2,100
Announcement Date 3/11/20 3/11/20 3/10/21 3/17/22 3/15/23 3/13/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 5,033 40,846 66,753 33,872 4,258 66,564
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - 34,087 40,815 -32,758 -28,848 78,011
ROE (net income / shareholders' equity) - 16.8% 13.6% 27.2% 18.4% 4.95%
ROA (Net income/ Total Assets) - 9.9% 9.63% 15.5% 11.1% 3.01%
Assets 1 - 399,851 360,103 514,728 586,151 619,040
Book Value Per Share 2 42,201 47,872 51,194 65,109 75,680 76,567
Cash Flow per Share 2 1,640 10,159 15,671 12,071 8,400 20,388
Capex 1 26,649 19,428 20,554 45,605 50,585 25,347
Capex / Sales 7.39% 5.14% 5.53% 8.58% 8.27% 5.79%
Announcement Date 3/11/20 3/11/20 3/10/21 3/17/22 3/15/23 3/13/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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