Financials Sejin Heavy Industries Co., Ltd.

Equities

A075580

KR7075580001

Shipbuilding

End-of-day quote Korea S.E. 06:00:00 2024-05-07 pm EDT 5-day change 1st Jan Change
7,100 KRW +5.50% Intraday chart for Sejin Heavy Industries Co., Ltd. +0.71% +49.32%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 175,939 366,081 323,443 282,724 261,039 389,774 - -
Enterprise Value (EV) 2 355.2 588.9 528 515.8 261 568.7 538.2 542.7
P/E ratio 74 x 203 x 19.9 x 24.3 x 15.2 x 19.6 x 9.49 x -
Yield 0.44% 2.24% 2.54% 2.91% - 4.23% 3.17% 4.23%
Capitalization / Revenue 0.59 x 1.27 x 1.29 x 0.69 x 0.68 x 0.92 x 0.81 x 0.68 x
EV / Revenue 1.2 x 2.04 x 2.11 x 1.26 x 0.68 x 1.35 x 1.12 x 0.94 x
EV / EBITDA 19.2 x 57.5 x 43.6 x 15.7 x - 11 x 7.83 x 7.4 x
EV / FCF -39.6 x 76.5 x -59.6 x -32.6 x - -63.9 x 12.3 x 16.5 x
FCF Yield -2.53% 1.31% -1.68% -3.07% - -1.57% 8.11% 6.04%
Price to Book 1.12 x 2.4 x 1.98 x 1.72 x - 2.09 x 1.93 x 1.8 x
Nbr of stocks (in thousands) 57,559 54,721 54,821 54,898 54,898 54,898 - -
Reference price 3 3,057 6,690 5,900 5,150 4,755 7,100 7,100 7,100
Announcement Date 2/28/20 3/2/21 3/2/22 2/27/23 3/20/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 295.9 288.2 250.4 410.1 384.8 421.7 481.9 574.4
EBITDA 1 18.53 10.24 12.1 32.94 - 51.9 68.7 73.3
EBIT 1 9.355 0.8732 4.131 25.15 - 41.9 56.4 62.9
Operating Margin 3.16% 0.3% 1.65% 6.13% - 9.94% 11.7% 10.95%
Earnings before Tax (EBT) 1 3.88 5.184 23.81 16.64 - 30.6 63 -
Net income 1 2.367 2.895 14.24 11.61 - 24.3 50.1 -
Net margin 0.8% 1% 5.69% 2.83% - 5.76% 10.4% -
EPS 2 41.33 33.00 297.0 212.0 312.0 363.0 748.0 -
Free Cash Flow 3 -8,980 7,702 -8,856 -15,833 - -8,900 43,650 32,800
FCF margin -3,035.1% 2,672.34% -3,537.17% -3,861.24% - -2,110.51% 9,057.9% 5,710.31%
FCF Conversion (EBITDA) - 75,190.94% - - - - 63,537.12% 44,747.61%
FCF Conversion (Net income) - 266,015.7% - - - - 87,125.75% -
Dividend per Share 2 13.33 150.0 150.0 150.0 - 300.0 225.0 300.0
Announcement Date 2/28/20 3/2/21 3/2/22 2/27/23 3/20/24 - - -
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 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 48.34 81.9 139.9 88.87 79.9 101.2 71.7 120.5 81.99 92.5 113.2 89.2 126.9
EBITDA - - - - - - - - - - - - -
EBIT 1 3.094 -10.49 -7.193 - 4.6 15.38 -6.42 21.19 -6.648 3.5 14.5 6.1 17.8
Operating Margin 6.4% -12.81% -5.14% - 5.76% 15.2% -8.95% 17.59% -8.11% 3.78% 12.81% 6.84% 14.03%
Earnings before Tax (EBT) - -11.25 -10.08 - - - -7.602 17.33 - - - - -
Net income - -11 -7.957 10.39 - - -6.548 13.31 - - - - -
Net margin - -13.43% -5.69% 11.69% - - -9.13% 11.05% - - - - -
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 11/15/21 3/2/22 5/16/22 8/3/22 11/11/22 2/27/23 5/12/23 8/14/23 11/14/23 - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 179 223 205 233 - 179 148 153
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 9.675 x 21.75 x 16.9 x 7.076 x - 3.447 x 2.16 x 2.086 x
Free Cash Flow 2 -8,980 7,702 -8,856 -15,833 - -8,900 43,650 32,800
ROE (net income / shareholders' equity) 1.93% 1.79% 10.3% 6.92% - 13.2% 19.2% 19.7%
ROA (Net income/ Total Assets) 0.8% 0.68% 3.22% 2.07% - 4.3% 6.95% 6.7%
Assets 1 296.9 428.2 442.7 561.1 - 565.1 720.9 -
Book Value Per Share 3 2,731 2,785 2,973 2,993 - 3,393 3,682 3,941
Cash Flow per Share -54.70 282.0 -82.70 356.0 - - - -
Capex 1 5.84 7.99 4.3 35.4 - 12 10 12
Capex / Sales 1.97% 2.77% 1.72% 8.62% - 2.85% 2.08% 2.09%
Announcement Date 2/28/20 3/2/21 3/2/22 2/27/23 3/20/24 - - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
7,100 KRW
Average target price
8,100 KRW
Spread / Average Target
+14.08%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
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  4. Financials Sejin Heavy Industries Co., Ltd.
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