Financials Wireless Power Amplifier Module Inc.

Equities

A332570

KR7332570001

Electrical Components & Equipment

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 4,86,552 2,67,046 1,02,626 1,07,023
Enterprise Value (EV) 1 4,29,633 2,36,269 74,114 60,524
P/E ratio 65.9 x -36.1 x -10.2 x 6.34 x
Yield 0.76% - - -
Capitalization / Revenue 13 x 4.45 x 2 x 1.57 x
EV / Revenue 11.5 x 3.94 x 1.44 x 0.89 x
EV / EBITDA -161 x 143 x 11.8 x 7.19 x
EV / FCF -7,72,63,542 x -99,77,279 x 26,34,570 x 4,30,53,191 x
FCF Yield -0% -0% 0% 0%
Price to Book 5.02 x 3.11 x 1.66 x 1.29 x
Nbr of stocks (in thousands) 37,141 37,141 35,388 37,486
Reference price 2 13,100 7,190 2,900 2,855
Announcement Date 16/03/21 16/03/22 15/03/23 13/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 1,25,429 37,354 60,002 51,389 68,149
EBITDA 1 12,965 -2,668 1,657 6,278 8,418
EBIT 1 11,966 -3,703 159.7 4,325 6,424
Operating Margin 9.54% -9.91% 0.27% 8.42% 9.43%
Earnings before Tax (EBT) 1 14,944 13,560 -8,395 -11,574 21,946
Net income 1 11,334 9,296 -7,384 -10,107 19,293
Net margin 9.04% 24.89% -12.31% -19.67% 28.31%
EPS 2 339.0 198.9 -199.0 -285.0 450.1
Free Cash Flow - -5,561 -23,681 28,131 1,406
FCF margin - -14.89% -39.47% 54.74% 2.06%
FCF Conversion (EBITDA) - - - 448.09% 16.7%
FCF Conversion (Net income) - - - - 7.29%
Dividend per Share - 100.0 - - -
Announcement Date 16/03/21 16/03/21 16/03/22 15/03/23 13/03/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 - - - - -
Net Cash position 1 17,274 56,919 30,777 28,512 46,499
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - -5,561 -23,681 28,131 1,406
ROE (net income / shareholders' equity) - 12.9% -8.31% -14% 26.7%
ROA (Net income/ Total Assets) - -2.9% 0.09% 2.37% 3.07%
Assets 1 - -3,20,213 -79,22,404 -4,26,165 6,28,165
Book Value Per Share 2 1,389 2,609 2,314 1,751 2,210
Cash Flow per Share 2 96.90 275.0 81.50 1,118 809.0
Capex 1 623 1,269 1,067 1,139 66.4
Capex / Sales 0.5% 3.4% 1.78% 2.22% 0.1%
Announcement Date 16/03/21 16/03/21 16/03/22 15/03/23 13/03/24
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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