TAE KWANG CORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12,980 KRW | -0.08% |
|
-5.60% | -11.88% |
| 25/01 | Tae Kwang Corporation's Equity Buyback Plan Extended till January 26, 2025. | CI |
| 2023 | Tae Kwang Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,98,143 | 2,80,660 | 4,16,463 | 3,81,024 | 3,35,757 | - | - |
| Enterprise Value (EV) 2 | 198.1 | 226.8 | 416.5 | 381 | 185 | 138.4 | 92.91 |
| P/E ratio | - | 18.5 x | 11.6 x | 6.92 x | 5.57 x | 5.65 x | 5.4 x |
| Yield | - | 0.92% | - | 1.15% | 1.31% | 1.31% | 1.31% |
| Capitalization / Revenue | 1.05 x | 1.52 x | 1.67 x | 1.22 x | 1.06 x | 1.01 x | 0.98 x |
| EV / Revenue | 1.05 x | 1.23 x | 1.67 x | 1.22 x | 0.58 x | 0.42 x | 0.27 x |
| EV / EBITDA | 60 x | 10 x | 7.68 x | 5.69 x | 2.64 x | 1.87 x | 1.18 x |
| EV / FCF | 6.69 x | 8.29 x | - | -43.6 x | 5.73 x | 4.22 x | 2.49 x |
| FCF Yield | 14.9% | 12.1% | - | -2.29% | 17.4% | 23.7% | 40.1% |
| Price to Book | - | 0.66 x | - | 0.72 x | 0.59 x | 0.54 x | 0.49 x |
| Nbr of stocks (in thousands) | 25,867 | 25,867 | 25,867 | 25,867 | 25,867 | - | - |
| Reference price 3 | 7,660 | 10,850 | 16,100 | 14,730 | 12,980 | 12,980 | 12,980 |
| Announcement Date | 12/03/21 | 11/03/22 | 23/02/23 | 29/02/24 | - | - | - |
1KRW in Million2KRW in Billions3KRW
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 188.4 | 185.1 | 249.1 | 312.1 | 318.2 | 332.7 | 343.7 |
| EBITDA 1 | 3.301 | 22.61 | 54.25 | 66.97 | 70 | 74 | 78.52 |
| EBIT 1 | -3.113 | 13.53 | 45.39 | 57.72 | 60.66 | 63.98 | 68.62 |
| Operating Margin | -1.65% | 7.31% | 18.22% | 18.5% | 19.06% | 19.23% | 19.97% |
| Earnings before Tax (EBT) 1 | -7.639 | 22.04 | 46.83 | 70.64 | 77 | 78.78 | 82.58 |
| Net income 1 | -5.042 | 15.22 | 36.84 | - | 62 | 60.52 | 63.48 |
| Net margin | -2.68% | 8.22% | 14.79% | - | 19.48% | 18.19% | 18.47% |
| EPS 2 | - | 588.0 | 1,383 | 2,129 | 2,331 | 2,297 | 2,406 |
| Free Cash Flow 3 | 29,611 | 27,358 | - | -8,739 | 32,253 | 32,767 | 37,280 |
| FCF margin | 15,716.77% | 14,776.46% | - | -2,800.44% | 10,135.55% | 9,848.71% | 10,846.67% |
| FCF Conversion (EBITDA) | 8,96,938.13% | 1,20,996.82% | - | - | 46,074.87% | 44,279.28% | 47,476.84% |
| FCF Conversion (Net income) | - | 1,79,774.59% | - | - | 52,021.51% | 54,137.41% | 58,731.78% |
| Dividend per Share 2 | - | 100.0 | - | 170.0 | 170.0 | 170.0 | 170.0 |
| Announcement Date | 12/03/21 | 11/03/22 | 23/02/23 | 29/02/24 | - | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 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 | 45.88 | 56.49 | 67.94 | 75.64 | 83.91 | 82.22 | 74.59 | 71.34 | - | 67 | 72 | 78 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | 2.921 | - | 10.38 | 16.53 | 19.92 | 18.07 | 12.24 | 7.493 | - | - | - | - |
| Operating Margin | 6.37% | - | 15.28% | 21.85% | 23.74% | 21.97% | 16.41% | 10.5% | - | - | - | - |
| Earnings before Tax (EBT) 1 | 3.606 | - | - | 2.891 | 26.18 | 21.71 | - | - | - | 14 | 16 | 18 |
| Net income 1 | 2.916 | - | - | - | 19.39 | 17.04 | 11.49 | 6.11 | 16.19 | 11 | 12 | 13 |
| Net margin | 6.36% | - | - | - | 23.1% | 20.72% | 15.4% | 8.56% | - | 16.42% | 16.67% | 16.67% |
| EPS | - | - | - | - | - | - | - | - | 626.0 | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/03/22 | 23/08/22 | 13/11/22 | 23/02/23 | 10/05/23 | 10/08/23 | 08/11/23 | 29/02/24 | 16/05/24 | - | - | - |
1KRW in Billions
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 53.8 | - | - | 151 | 197 | 243 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 2 | 29,611 | 27,358 | - | -8,739 | 32,253 | 32,767 | 37,280 |
| ROE (net income / shareholders' equity) | - | 4.23% | 7.54% | 10.9% | 11.1% | 9.95% | 9.48% |
| ROA (Net income/ Total Assets) | -1.07% | 3.15% | - | 9.03% | 9.6% | 8.73% | 8.4% |
| Assets 1 | 472.4 | 483.5 | - | - | 645.8 | 693.5 | 755.4 |
| Book Value Per Share 3 | - | 16,458 | - | 20,443 | 21,975 | 24,073 | 26,290 |
| Cash Flow per Share 3 | - | 1,595 | - | 2,101 | 3,004 | 2,854 | 3,009 |
| Capex 1 | 18.5 | 13.9 | - | 20.3 | 10.8 | 11.8 | 11 |
| Capex / Sales | 9.83% | 7.51% | - | 6.5% | 3.4% | 3.54% | 3.21% |
| Announcement Date | 12/03/21 | 11/03/22 | 23/02/23 | 29/02/24 | - | - | - |
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
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
12,980
KRW
Average target price
19,125
KRW
Spread / Average Target
+47.34%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -11.88% | 244M | |
| +22.16% | 9.27B | |
| +20.76% | 6.47B | |
| +14.59% | 5.17B | |
| +15.11% | 4.81B | |
| +17.81% | 4.13B | |
| +9.38% | 2.69B | |
| -38.91% | 2.33B | |
| -9.36% | 2.32B | |
| -46.51% | 1.91B |
- Stock Market
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- A023160 Stock
- Financials Tae Kwang Corporation
