Financials Visang Education Inc

Equities

A100220

KR7100220003

Consumer Publishing

End-of-day quote Korea S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
4,910 KRW +0.51% Intraday chart for Visang Education Inc +2.29% -9.41%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 76,082 95,194 81,473 95,562 71,671 66,403
Enterprise Value (EV) 1 62,931 74,465 67,739 84,144 96,453 162,382
P/E ratio 31.1 x 8.44 x -5.49 x 15.8 x -70.6 x -5.37 x
Yield 3.22% 3.22% 2.26% 2.82% 1.71% -
Capitalization / Revenue 0.47 x 0.48 x 0.47 x 0.44 x 0.28 x 0.26 x
EV / Revenue 0.39 x 0.37 x 0.39 x 0.39 x 0.38 x 0.64 x
EV / EBITDA 2.39 x 1.93 x 85.6 x 3.45 x 4.72 x 22.2 x
EV / FCF 7.32 x 6.42 x 31.4 x 13.8 x -3.11 x -2.7 x
FCF Yield 13.7% 15.6% 3.18% 7.26% -32.1% -37%
Price to Book 0.37 x 0.44 x 0.42 x 0.48 x 0.36 x 0.37 x
Nbr of stocks (in thousands) 12,252 12,252 12,252 12,252 12,252 12,252
Reference price 2 6,210 7,770 6,650 7,800 5,850 5,420
Announcement Date 3/21/19 3/19/20 3/18/21 3/21/22 3/23/23 3/21/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 161,922 199,386 172,314 215,574 253,029 252,371
EBITDA 1 26,344 38,488 791.3 24,375 20,424 7,309
EBIT 1 9,152 22,294 -15,049 8,021 3,169 -5,884
Operating Margin 5.65% 11.18% -8.73% 3.72% 1.25% -2.33%
Earnings before Tax (EBT) 1 6,038 21,156 -16,913 8,755 331.1 -13,537
Net income 1 2,442 11,283 -14,843 6,051 -1,016 -12,359
Net margin 1.51% 5.66% -8.61% 2.81% -0.4% -4.9%
EPS 2 199.5 920.9 -1,212 493.9 -82.91 -1,009
Free Cash Flow 1 8,601 11,592 2,155 6,109 -30,995 -60,148
FCF margin 5.31% 5.81% 1.25% 2.83% -12.25% -23.83%
FCF Conversion (EBITDA) 32.65% 30.12% 272.29% 25.06% - -
FCF Conversion (Net income) 352.16% 102.74% - 100.95% - -
Dividend per Share 2 200.0 250.0 150.0 220.0 100.0 -
Announcement Date 3/21/19 3/19/20 3/18/21 3/21/22 3/23/23 3/21/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 24,781 95,979
Net Cash position 1 13,151 20,729 13,734 11,418 - -
Leverage (Debt/EBITDA) - - - - 1.213 x 13.13 x
Free Cash Flow 1 8,601 11,592 2,155 6,109 -30,995 -60,148
ROE (net income / shareholders' equity) 1.12% 5.3% -7.26% 3.05% -0.51% -6.53%
ROA (Net income/ Total Assets) 2.24% 5.16% -3.42% 1.87% 0.68% -1.09%
Assets 1 109,017 218,813 433,525 322,749 -148,895 1,129,091
Book Value Per Share 2 16,895 17,500 15,991 16,316 16,097 14,789
Cash Flow per Share 2 427.0 875.0 467.0 2,058 927.0 1,874
Capex 1 7,636 12,157 20,788 8,976 27,519 54,046
Capex / Sales 4.72% 6.1% 12.06% 4.16% 10.88% 21.42%
Announcement Date 3/21/19 3/19/20 3/18/21 3/21/22 3/23/23 3/21/24
1KRW in Million2KRW
Estimates
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