Financials Poongsan Holdings Corporation

Equities

A005810

KR7005810007

Specialty Mining & Metals

End-of-day quote Korea S.E. Other stock markets 03:30:00 10/05/2024 am IST			5-day change	1st Jan Change
31,050 ^KRW	-0.32%		-3.72%	+26.05%

02/05	Poongsan Sees Lower Q1 Profit, Sales	MT
14/03	Poongsan Holdings Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Valuation

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	2,71,327	3,54,259	4,28,515	-	-
Enterprise Value (EV) ²	271.3	354.3	866.5	802.5	752.5
P/E ratio	3.72 x	-	4.59 x	4 x	3.07 x
Yield	-	-	3.86%	3.86%	3.86%
Capitalization / Revenue	-	0.87 x	0.09 x	0.07 x	0.07 x
EV / Revenue	-	0.87 x	0.19 x	0.14 x	0.12 x
EV / EBITDA	-	-	2.51 x	2.1 x	1.66 x
EV / FCF	-	-	-7.67 x	6.58 x	8.27 x
FCF Yield	-	-	-13%	15.2%	12.1%
Price to Book	-	-	0.41 x	0.38 x	0.34 x
Nbr of stocks (in thousands)	14,381	14,381	13,801	-	-
Reference price ³	18,867	24,633	31,050	31,050	31,050
Announcement Date	16/03/23	07/02/24	-	-	-

¹KRW in Million²KRW in Billions³KRW

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	408.8	4,597	5,761	6,106
EBITDA ¹	-	-	345	382	453
EBIT ¹	-	68.9	252	287	358
Operating Margin	-	16.85%	5.48%	4.98%	5.86%
Earnings before Tax (EBT) ¹	-	-	237	272	355
Net income ¹	73.12	-	185	212	276
Net margin	-	-	4.02%	3.68%	4.52%
EPS ²	5,076	-	6,764	7,767	10,122
Free Cash Flow ³	-	-	-1,13,000	1,22,000	91,000
FCF margin	-	-	-2,458.12%	2,117.69%	1,490.34%
FCF Conversion (EBITDA)	-	-	-	31,937.17%	20,088.3%
FCF Conversion (Net income)	-	-	-	57,547.17%	32,971.01%
Dividend per Share ²	-	-	1,200	1,200	1,200
Announcement Date	16/03/23	07/02/24	-	-	-

¹KRW in Billions²KRW³KRW in Million

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	-	96.27	108.4	931	1,189	1,162	1,314
EBITDA	-	-	-	-	-	-	-
EBIT ¹	-	10.57	14.33	41	72	52	87
Operating Margin	-	10.98%	13.22%	4.4%	6.06%	4.48%	6.62%
Earnings before Tax (EBT) ¹	-	-	-	37	68	48	84
Net income ¹	18.6	-	-	29	53	37	65
Net margin	-	-	-	3.11%	4.46%	3.18%	4.95%
EPS	1,293	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-
Announcement Date	14/08/23	31/10/23	07/02/24	-	-	-	-

¹KRW in Billions

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	-	-	438	374	324
Net Cash position ¹	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	1.27 x	0.9791 x	0.7152 x
Free Cash Flow ²	-	-	-1,13,000	1,22,000	91,000
ROE (net income / shareholders' equity)	-	-	9.1%	9.6%	11.5%
ROA (Net income/ Total Assets)	-	-	5%	5.3%	6.3%
Assets ¹	-	-	3,700	4,000	4,381
Book Value Per Share ³	-	-	76,265	82,548	91,127
Cash Flow per Share	-	-	-	-	-
Capex ¹	-	-	132	133	134
Capex / Sales	-	-	2.87%	2.31%	2.19%
Announcement Date	16/03/23	07/02/24	-	-	-

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

Ratings for Poongsan Holdings Corporation

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

31,050 KRW

Average target price

66,000 KRW

Spread / Average Target

+112.56%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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