Financials CJ Cheiljedang Corporation

Equities

A097950

KR7097950000

Food Processing

End-of-day quote Korea S.E. 06:00:00 2024-06-18 pm EDT 5-day change 1st Jan Change
396,000 KRW -0.13% Intraday chart for CJ Cheiljedang Corporation +9.24% +22.22%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,855,531 5,821,669 5,930,461 5,815,646 4,939,647 6,041,114 - -
Enterprise Value (EV) 2 10,838 13,153 14,345 13,792 12,286 15,229 15,015 14,340
P/E ratio 26.5 x 8.91 x 10.1 x 10.2 x 13.5 x 11.2 x 8.99 x 8.02 x
Yield 1.39% 0.92% 1.29% 1.45% 1.7% 1.47% 1.56% 1.53%
Capitalization / Revenue 0.17 x 0.24 x 0.23 x 0.19 x 0.17 x 0.2 x 0.19 x 0.18 x
EV / Revenue 0.48 x 0.54 x 0.55 x 0.46 x 0.42 x 0.51 x 0.48 x 0.44 x
EV / EBITDA 5.4 x 4.98 x 5.15 x 4.5 x 4.34 x 4.95 x 4.57 x 4.17 x
EV / FCF 18.4 x 12.7 x 41.9 x 74.8 x 9.44 x 20.9 x 13.5 x 12.5 x
FCF Yield 5.44% 7.86% 2.39% 1.34% 10.6% 4.78% 7.38% 8.02%
Price to Book 0.76 x 1.06 x 1.02 x 0.9 x 0.67 x 0.84 x 0.78 x 0.72 x
Nbr of stocks (in thousands) 16,023 16,023 16,023 16,023 16,023 16,023 - -
Reference price 3 252,500 381,000 387,500 380,500 324,000 396,500 396,500 396,500
Announcement Date 2/12/20 2/8/21 2/14/22 2/13/23 2/13/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 22,352 24,246 26,289 30,080 29,023 30,065 31,585 32,768
EBITDA 1 2,007 2,642 2,786 3,068 2,834 3,078 3,283 3,443
EBIT 1 896.9 1,360 1,524 1,665 1,292 1,625 1,829 1,938
Operating Margin 4.01% 5.61% 5.8% 5.53% 4.45% 5.4% 5.79% 5.92%
Earnings before Tax (EBT) 1 338.8 1,178 1,218 1,246 732 1,090 1,267 1,407
Net income 1 152.5 685.6 612.9 595.9 385.9 549 677.8 766.4
Net margin 0.68% 2.83% 2.33% 1.98% 1.33% 1.83% 2.15% 2.34%
EPS 2 9,516 42,783 38,246 37,188 24,081 35,554 44,110 49,457
Free Cash Flow 3 589,194 1,033,300 342,489 184,302 1,302,015 728,380 1,108,167 1,149,550
FCF margin 2,635.92% 4,261.78% 1,302.77% 612.72% 4,486.07% 2,422.71% 3,508.58% 3,508.13%
FCF Conversion (EBITDA) 29,353.01% 39,109.03% 12,291.07% 6,007.24% 45,947.79% 23,665.34% 33,757.92% 33,388.8%
FCF Conversion (Net income) 386,240.2% 150,718.67% 55,881.01% 30,926.77% 337,373.28% 132,679.12% 163,499.01% 149,993.54%
Dividend per Share 2 3,500 3,500 5,000 5,500 5,500 5,846 6,192 6,050
Announcement Date 2/12/20 2/8/21 2/14/22 2/13/23 2/13/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 6,948 6,980 7,517 8,012 7,571 7,071 7,219 7,443 7,289 7,216 7,357 7,790 7,684 - -
EBITDA - - - - - - - - 690.6 - - - - - -
EBIT 1 236.6 435.7 504.3 484.2 240.6 252.8 344.6 396 298.3 375.9 379.3 463 413.3 - -
Operating Margin 3.41% 6.24% 6.71% 6.04% 3.18% 3.57% 4.77% 5.32% 4.09% 5.21% 5.16% 5.94% 5.38% - -
Earnings before Tax (EBT) 1 180.1 361.3 369.3 370.2 144.7 99.27 176.9 304.8 151 207.6 227.5 351.8 288.5 - -
Net income 1 122.7 199 176.7 168.6 51.7 6.628 65.93 200.9 112.5 91.93 119.2 190.6 161.2 - -
Net margin 1.77% 2.85% 2.35% 2.1% 0.68% 0.09% 0.91% 2.7% 1.54% 1.27% 1.62% 2.45% 2.1% - -
EPS 2,397 12,462 11,030 10,523 3,223 414.0 4,114 12,538 7,015 - - - - - -
Dividend per Share 2 - - - - - - - - 2,500 - - - 6,500 - -
Announcement Date 2/14/22 5/9/22 8/8/22 11/14/22 2/13/23 5/8/23 8/7/23 11/13/23 2/13/24 5/14/24 - - - - -
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 6,982 7,331 8,415 7,977 7,346 9,188 8,974 8,299
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.479 x 2.775 x 3.02 x 2.6 x 2.592 x 2.985 x 2.734 x 2.411 x
Free Cash Flow 2 589,194 1,033,300 342,489 184,302 1,302,015 728,380 1,108,167 1,149,550
ROE (net income / shareholders' equity) 3.16% 13.5% 10.8% 9.26% 5.55% 7.42% 8.82% 8.9%
ROA (Net income/ Total Assets) 0.67% 2.64% 2.34% 2.1% 1.29% 2.16% 2.5% 2.72%
Assets 1 22,888 25,946 26,234 28,434 29,811 25,449 27,111 28,211
Book Value Per Share 3 332,103 358,878 381,542 421,621 486,603 469,807 507,304 550,387
Cash Flow per Share 3 133,689 136,202 114,746 110,724 166,345 122,173 132,530 137,476
Capex 1 1,554 968 1,344 1,443 1,143 1,204 1,288 1,322
Capex / Sales 6.95% 3.99% 5.11% 4.8% 3.94% 4% 4.08% 4.03%
Announcement Date 2/12/20 2/8/21 2/14/22 2/13/23 2/13/24 - - -
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
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
396,500 KRW
Average target price
438,231 KRW
Spread / Average Target
+10.52%
Consensus
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  4. Financials CJ Cheiljedang Corporation