Financials Taekyung Chemical Co., Ltd.

Equities

A006890

KR7006890008

Commodity Chemicals

End-of-day quote Korea S.E. Other stock markets 03:30:00 13/05/2024 am IST			5-day change	1st Jan Change
14,400 ^KRW	+1.41%		+0.28%	+4.27%

2023	Taekyung Chemical Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023	CI
2022	South Korea's LG Chem plans to build hydrogen plant to cut carbon emissions	RE

Valuation

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	1,21,839	1,56,521	1,63,208	-	-
Enterprise Value (EV) ²	121.8	156.5	106.2	94.21	75.21
P/E ratio	13.7 x	-	9.9 x	7.03 x	5.43 x
Yield	-	-	1.39%	1.39%	1.39%
Capitalization / Revenue	-	2.21 x	2.18 x	1.63 x	1.41 x
EV / Revenue	-	2.21 x	1.42 x	0.94 x	0.65 x
EV / EBITDA	-	-	4.83 x	2.94 x	2.09 x
EV / FCF	-	-	10.6 x	5.23 x	3.13 x
FCF Yield	-	-	9.42%	19.1%	31.9%
Price to Book	-	-	0.96 x	0.86 x	0.75 x
Nbr of stocks (in thousands)	11,334	11,334	11,334	-	-
Reference price ³	10,750	13,810	14,400	14,400	14,400
Announcement Date	14/03/23	23/01/24	-	-	-

¹KRW in Million²KRW in Billions³KRW

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	70.75	74.8	100.4	116
EBITDA ¹	-	-	22	32	36
EBIT ¹	-	17.93	18.8	27.6	32
Operating Margin	-	25.34%	25.13%	27.49%	27.59%
Earnings before Tax (EBT) ¹	-	21.7	20.9	29.8	39
Net income ¹	8.868	17.81	16.5	23.2	30
Net margin	-	25.18%	22.06%	23.11%	25.86%
EPS ²	782.0	-	1,455	2,048	2,651
Free Cash Flow ³	-	-	10,000	18,000	24,000
FCF margin	-	-	13,368.98%	17,928.29%	20,689.66%
FCF Conversion (EBITDA)	-	-	45,454.55%	56,250%	66,666.67%
FCF Conversion (Net income)	-	-	60,606.06%	77,586.21%	80,000%
Dividend per Share ²	-	-	200.0	200.0	200.0
Announcement Date	14/03/23	23/01/24	-	-	-

¹KRW in Billions²KRW³KRW in Million

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q3	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	-	16.5	18.9	20.8	18.6
EBITDA	-	-	-	-	-
EBIT ¹	-	3.7	4.7	6.8	3.6
Operating Margin	-	22.42%	24.87%	32.69%	19.35%
Earnings before Tax (EBT) ¹	-	5.8	4.6	6.8	3.7
Net income ¹	4.638	4.6	3.7	5.4	2.9
Net margin	-	27.88%	19.58%	25.96%	15.59%
EPS	409.0	-	-	-	-
Dividend per Share	-	-	-	-	-
Announcement Date	14/11/23	-	-	-	-

¹KRW in Billions

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-
Net Cash position ¹	-	-	57	69	88
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow ²	-	-	10,000	18,000	24,000
ROE (net income / shareholders' equity)	-	11.5%	9.8%	12.6%	14.4%
ROA (Net income/ Total Assets)	-	-	8.7%	11%	12.4%
Assets ¹	-	-	189.7	210.9	241.9
Book Value Per Share ³	-	-	15,025	16,831	19,226
Cash Flow per Share	-	-	-	-	-
Capex ¹	-	-	9	6	11
Capex / Sales	-	-	12.03%	5.98%	9.48%
Announcement Date	14/03/23	23/01/24	-	-	-

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 Taekyung Chemical Co., Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

14,400 KRW

Average target price

19,500 KRW

Spread / Average Target

+35.42%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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