Financials Nepes Corporation

Equities

A033640

KR7033640004

Semiconductors

End-of-day quote Korea S.E. 03:30:00 14/05/2024 am IST 5-day change 1st Jan Change
17,060 KRW -0.41% Intraday chart for Nepes Corporation -4.85% -13.27%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,19,746 5,54,574 9,80,016 8,84,320 3,55,873 4,47,286
Enterprise Value (EV) 1 2,51,471 6,59,792 12,60,186 13,08,382 8,48,306 8,78,286
P/E ratio 9.17 x 18 x -20.1 x -22.3 x 4.6 x -4.54 x
Yield 1.02% 1.12% - - - -
Capitalization / Revenue 0.8 x 1.56 x 2.85 x 2.11 x 0.61 x 0.93 x
EV / Revenue 0.92 x 1.85 x 3.67 x 3.13 x 1.44 x 1.83 x
EV / EBITDA 4.29 x 6.29 x 19.1 x 15.3 x 6.01 x 9.46 x
EV / FCF 13.2 x -6.71 x -5.48 x -8.46 x -4.36 x 35.1 x
FCF Yield 7.55% -14.9% -18.2% -11.8% -22.9% 2.85%
Price to Book 1.36 x 2.63 x 4.71 x 5 x 1.43 x 3.02 x
Nbr of stocks (in thousands) 22,400 23,059 23,059 23,059 22,739 22,739
Reference price 2 9,810 24,050 42,500 38,350 15,650 19,670
Announcement Date 21/03/19 20/03/20 22/03/21 21/03/22 23/03/23 27/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,73,318 3,56,317 3,43,560 4,18,367 5,88,039 4,80,112
EBITDA 1 58,562 1,04,898 66,014 85,776 1,41,130 92,800
EBIT 1 22,004 60,959 -5,823 -15,003 -6,355 -70,040
Operating Margin 8.05% 17.11% -1.69% -3.59% -1.08% -14.59%
Earnings before Tax (EBT) 1 36,560 44,140 -60,682 -26,059 83,878 -1,11,221
Net income 1 25,092 31,860 -48,825 -39,680 77,579 -98,472
Net margin 9.18% 8.94% -14.21% -9.48% 13.19% -20.51%
EPS 2 1,070 1,334 -2,117 -1,721 3,399 -4,330
Free Cash Flow 1 18,987 -98,300 -2,29,975 -1,54,613 -1,94,647 25,038
FCF margin 6.95% -27.59% -66.94% -36.96% -33.1% 5.21%
FCF Conversion (EBITDA) 32.42% - - - - 26.98%
FCF Conversion (Net income) 75.67% - - - - -
Dividend per Share 2 100.0 270.0 - - - -
Announcement Date 21/03/19 20/03/20 22/03/21 21/03/22 23/03/23 27/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2023 Q3
Net sales 1 107.4 121.7 132.5 156.1 126.5
EBITDA - - - - -
EBIT -1.99 -7.305 -1.073 5.074 -
Operating Margin -1.85% -6% -0.81% 3.25% -
Earnings before Tax (EBT) - - - - -
Net income 1 -10.3 -15.72 - - -19.24
Net margin -9.59% -12.92% - - -15.21%
EPS - - - - -
Dividend per Share - - - - -
Announcement Date 05/11/21 04/03/22 09/05/22 09/08/22 14/11/23
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 31,725 1,05,218 2,80,170 4,24,062 4,92,433 4,31,001
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.5417 x 1.003 x 4.244 x 4.944 x 3.489 x 4.644 x
Free Cash Flow 1 18,987 -98,300 -2,29,975 -1,54,613 -1,94,647 25,038
ROE (net income / shareholders' equity) 19% 19.4% -27.6% -11.1% 28.7% -32.4%
ROA (Net income/ Total Assets) 4.66% 9.48% -0.55% -0.98% -0.36% -4.18%
Assets 1 5,38,357 3,36,012 88,77,230 40,34,184 -2,18,46,993 23,56,467
Book Value Per Share 2 7,219 9,129 9,023 7,667 10,934 6,510
Cash Flow per Share 2 1,442 4,917 7,410 10,691 5,988 4,176
Capex 1 31,963 1,73,027 2,95,162 2,88,329 2,42,760 64,223
Capex / Sales 11.69% 48.56% 85.91% 68.92% 41.28% 13.38%
Announcement Date 21/03/19 20/03/20 22/03/21 21/03/22 23/03/23 27/03/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly revenue - Rate of surprise

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