Financials SIMPAC Inc.

Equities

A009160

KR7009160003

Iron & Steel

End-of-day quote Korea S.E. 03:30:00 14/05/2024 am IST 5-day change 1st Jan Change
4,310 KRW +2.25% Intraday chart for SIMPAC Inc. -0.69% +9.67%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,47,725 1,78,300 1,43,268 3,58,067 2,54,253 2,13,279
Enterprise Value (EV) 1 1,45,047 1,78,195 1,35,278 2,80,393 2,86,525 1,89,829
P/E ratio 1.45 x 18.8 x 4.21 x 3.96 x 3.39 x -33 x
Yield 2.46% 2.04% 2.43% 3.12% 4.27% 2.54%
Capitalization / Revenue 0.48 x 0.41 x 0.39 x 0.58 x 0.38 x 0.35 x
EV / Revenue 0.47 x 0.41 x 0.37 x 0.46 x 0.43 x 0.31 x
EV / EBITDA 7.29 x 7.23 x 6.62 x 2.36 x 2.22 x 6.47 x
EV / FCF -6.47 x 13.4 x -6.19 x 8.34 x -10 x 2.05 x
FCF Yield -15.5% 7.44% -16.2% 12% -9.98% 48.8%
Price to Book 0.34 x 0.4 x 0.31 x 0.66 x 0.42 x 0.37 x
Nbr of stocks (in thousands) 60,543 60,543 58,003 55,861 54,270 54,270
Reference price 2 2,440 2,945 2,470 6,410 4,685 3,930
Announcement Date 14/03/19 23/03/20 22/03/21 21/03/22 20/03/23 20/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,06,151 4,30,085 3,65,863 6,13,013 6,72,229 6,09,450
EBITDA 1 19,889 24,648 20,435 1,18,591 1,28,970 29,328
EBIT 1 10,155 11,141 7,345 1,06,402 1,19,382 17,502
Operating Margin 3.32% 2.59% 2.01% 17.36% 17.76% 2.87%
Earnings before Tax (EBT) 1 71,517 13,075 42,862 1,15,662 95,618 -6,415
Net income 1 69,199 9,488 34,139 90,833 76,137 -6,464
Net margin 22.6% 2.21% 9.33% 14.82% 11.33% -1.06%
EPS 2 1,678 156.7 586.2 1,621 1,381 -119.1
Free Cash Flow 1 -22,434 13,251 -21,860 33,610 -28,593 92,557
FCF margin -7.33% 3.08% -5.97% 5.48% -4.25% 15.19%
FCF Conversion (EBITDA) - 53.76% - 28.34% - 315.59%
FCF Conversion (Net income) - 139.67% - 37% - -
Dividend per Share 2 60.00 60.00 60.00 200.0 200.0 100.0
Announcement Date 14/03/19 23/03/20 22/03/21 21/03/22 20/03/23 20/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 6.254
Net margin -
EPS 2 115.0
Dividend per Share -
Announcement Date 15/05/23
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 32,272 -
Net Cash position 1 2,678 104 7,990 77,674 - 23,451
Leverage (Debt/EBITDA) - - - - 0.2502 x -
Free Cash Flow 1 -22,434 13,251 -21,860 33,610 -28,593 92,557
ROE (net income / shareholders' equity) 20.5% 2.17% 7.54% 18% 13.3% -1.09%
ROA (Net income/ Total Assets) 1.19% 1.02% 0.65% 8.11% 7.99% 1.08%
Assets 1 57,94,554 9,27,149 52,67,626 11,20,384 9,53,242 -5,97,730
Book Value Per Share 2 7,185 7,287 8,071 9,786 11,050 10,735
Cash Flow per Share 2 1,858 2,112 2,152 3,912 3,856 6,140
Capex 1 1,283 22,472 3,584 4,142 18,120 17,053
Capex / Sales 0.42% 5.22% 0.98% 0.68% 2.7% 2.8%
Announcement Date 14/03/19 23/03/20 22/03/21 21/03/22 20/03/23 20/03/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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