Financials CJ Freshway Corporation

Equities

A051500

KR7051500007

Food Retail & Distribution

End-of-day quote Korea S.E. 03:30:00 10/05/2024 am IST 5-day change 1st Jan Change
22,450 KRW -1.97% Intraday chart for CJ Freshway Corporation -1.75% -5.87%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,40,121 2,26,154 3,41,308 3,79,891 2,83,137 2,66,517 - -
Enterprise Value (EV) 1 3,40,370 2,26,509 3,41,506 3,80,074 2,83,137 2,66,517 2,66,517 2,66,517
P/E ratio 70.6 x -5.76 x 13.6 x 8.18 x 5.31 x 4.34 x 3.85 x 3.45 x
Yield 0.87% 1.31% 1.04% 1.09% - 2% 2% -
Capitalization / Revenue 0.11 x 0.09 x 0.15 x 0.14 x 0.09 x 0.08 x 0.08 x 0.07 x
EV / Revenue 0.11 x 0.09 x 0.15 x 0.14 x 0.09 x 0.08 x 0.08 x 0.07 x
EV / EBITDA 3.22 x 3.68 x 3.05 x 2.91 x 2.09 x 1.74 x 1.6 x 1.47 x
EV / FCF 8.22 x 2.69 x 2.63 x 4.23 x - 1.11 x 1.08 x 1.07 x
FCF Yield 12.2% 37.1% 38% 23.7% - 90.4% 92.4% 93.6%
Price to Book 1.8 x 1.2 x 1.39 x 1.23 x - 0.8 x 0.68 x 0.59 x
Nbr of stocks (in thousands) 11,872 11,872 11,872 11,872 11,872 11,872 - -
Reference price 2 28,650 19,050 28,750 32,000 23,850 22,450 22,450 22,450
Announcement Date 10/02/20 09/02/21 11/02/22 10/02/23 08/02/24 - - -
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,055 2,479 2,291 2,748 3,074 3,303 3,521 3,668
EBITDA 1 105.6 61.51 112 130.6 135.4 153 166.3 180.8
EBIT 1 58.08 -3.546 55.63 97.84 99.26 107.6 121.8 130.6
Operating Margin 1.9% -0.14% 2.43% 3.56% 3.23% 3.26% 3.46% 3.56%
Earnings before Tax (EBT) 1 16.29 -48.49 31.37 68.88 72.8 84.31 96.78 107.1
Net income 1 5.149 -39.25 26.65 49.1 54.48 61.38 66.14 77.42
Net margin 0.17% -1.58% 1.16% 1.79% 1.77% 1.86% 1.88% 2.11%
EPS 2 406.0 -3,307 2,109 3,912 4,489 5,172 5,838 6,514
Free Cash Flow 3 41,394 83,932 1,29,552 89,913 - 2,40,828 2,46,320 2,49,540
FCF margin 1,354.93% 3,386.35% 5,653.75% 3,272.29% - 7,290.58% 6,995.19% 6,802.24%
FCF Conversion (EBITDA) 39,209.37% 1,36,453.67% 1,15,628.91% 68,866.36% - 1,57,364.32% 1,48,116.97% 1,37,985.95%
FCF Conversion (Net income) 8,03,926.79% - 4,86,068.85% 1,83,132.48% - 3,92,374.99% 3,72,395.84% 3,22,328.14%
Dividend per Share 2 250.0 250.0 300.0 350.0 - 450.0 450.0 -
Announcement Date 10/02/20 09/02/21 11/02/22 10/02/23 08/02/24 - - -
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 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 562.9 606.7 564.3 720.9 751.7 710.8 697.5 779.5 809 788.2 731.4 843.3 874.5 838.2
EBITDA - - - - - - - - - - - - - -
EBIT 1 16.38 17.04 10.61 34.62 35.2 17.4 12.66 32.06 30.19 24.35 10.54 34.53 34.73 26.43
Operating Margin 2.91% 2.81% 1.88% 4.8% 4.68% 2.45% 1.81% 4.11% 3.73% 3.09% 1.44% 4.1% 3.97% 3.15%
Earnings before Tax (EBT) 1 10.6 - - - - - - 26.04 27.21 12.78 3.22 30.5 31.6 4
Net income 1 16.37 - - - 24.1 -3.707 - 16.64 22.67 10.75 1.33 23.1 23.9 3
Net margin 2.91% - - - 3.21% -0.52% - 2.13% 2.8% 1.36% 0.18% 2.74% 2.73% 0.36%
EPS - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 10/11/21 11/02/22 11/05/22 10/08/22 09/11/22 10/02/23 10/05/23 09/08/23 08/11/23 08/02/24 09/05/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 249 355 198 184 - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 2.357 x 5.77 x 1.767 x 1.407 x - - - -
Free Cash Flow 1 41,394 83,932 1,29,552 89,913 - 2,40,828 2,46,320 2,49,540
ROE (net income / shareholders' equity) 2.59% -14.8% 9.89% 14% - 19.9% 20.2% 18.5%
ROA (Net income/ Total Assets) 0.49% -3.69% 2.28% 3.64% - 7.03% 7.21% 7.35%
Assets 2 1,050 1,064 1,170 1,351 - 873.1 917.4 1,054
Book Value Per Share 3 15,884 15,839 20,715 25,929 - 27,962 32,921 37,995
Cash Flow per Share 3 6,202 10,635 11,844 10,412 - 11,274 12,610 -
Capex 2 37.3 42.3 11.1 33.7 - 31.7 43.3 57.4
Capex / Sales 1.22% 1.71% 0.48% 1.23% - 0.96% 1.23% 1.56%
Announcement Date 10/02/20 09/02/21 11/02/22 10/02/23 08/02/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
22,450 KRW
Average target price
33,333 KRW
Spread / Average Target
+48.48%
Consensus

Quarterly revenue - Rate of surprise

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