CS WIND CORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 48,200 KRW | -8.54% |
|
-6.41% | -31.34% |
| May. 10 | CS Wind Falls to Q1 Loss, Sales More than Double | MT |
| Feb. 20 | Nomura Upgrades CS Wind to Buy From Neutral, Adjusts Price Target to 78,000 Won From 54,000 Won | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 588,606 | 3,053,777 | 2,770,659 | 2,850,348 | 2,908,350 | 1,996,901 | - | - |
| Enterprise Value (EV) 2 | 700.1 | 3,194 | 2,906 | 3,095 | 2,908 | 2,890 | 2,840 | 2,989 |
| P/E ratio | 18.4 x | 46.8 x | 39.4 x | -525 x | - | 21.2 x | 11.9 x | 10.2 x |
| Yield | 1.05% | 0.52% | 0.91% | 0.73% | - | 1.04% | 1.11% | 1.26% |
| Capitalization / Revenue | 0.74 x | 3.14 x | 2.3 x | 2.07 x | 1.88 x | 0.73 x | 0.6 x | 0.52 x |
| EV / Revenue | 0.88 x | 3.28 x | 2.41 x | 2.24 x | 1.88 x | 1.05 x | 0.86 x | 0.78 x |
| EV / EBITDA | 8.51 x | 25.2 x | 20.9 x | 23.2 x | - | 10.7 x | 6.89 x | 6.52 x |
| EV / FCF | -348 x | -37 x | -14.7 x | 49.6 x | - | -24.2 x | 20.4 x | 47.4 x |
| FCF Yield | -0.29% | -2.7% | -6.8% | 2.02% | - | -4.13% | 4.91% | 2.11% |
| Price to Book | 1.78 x | 3.7 x | 3.04 x | 3.27 x | - | 2.22 x | 1.8 x | 1.68 x |
| Nbr of stocks (in thousands) | 30,979 | 34,506 | 42,171 | 41,429 | 41,429 | 41,429 | - | - |
| Reference price 3 | 19,000 | 88,500 | 65,700 | 68,800 | 70,200 | 48,200 | 48,200 | 48,200 |
| Announcement Date | 2/17/20 | 2/10/21 | 2/11/22 | 2/13/23 | 2/19/24 | - | - | - |
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 | 796.9 | 972.7 | 1,203 | 1,379 | 1,549 | 2,754 | 3,316 | 3,815 |
| EBITDA 1 | 82.28 | 126.9 | 139.1 | 133.5 | - | 270.8 | 412.2 | 458.2 |
| EBIT 1 | 60.8 | 97.89 | 101.8 | 46.72 | 142.2 | 164.3 | 280.8 | 326.7 |
| Operating Margin | 7.63% | 10.06% | 8.46% | 3.39% | 9.19% | 5.97% | 8.47% | 8.56% |
| Earnings before Tax (EBT) 1 | 35.68 | 62.37 | 91.76 | 0.2463 | 55.82 | 120.8 | 215.4 | 205 |
| Net income 1 | 28.55 | 38.85 | 69.08 | -14.62 | 51.15 | 98.46 | 169.9 | 178.6 |
| Net margin | 3.58% | 3.99% | 5.74% | -1.06% | 3.3% | 3.57% | 5.12% | 4.68% |
| EPS 2 | 1,030 | 1,892 | 1,667 | -131.0 | - | 2,275 | 4,059 | 4,709 |
| Free Cash Flow 3 | -2,011 | -86,214 | -197,697 | 62,378 | - | -119,225 | 139,500 | 63,000 |
| FCF margin | -252.3% | -8,863.54% | -16,427.58% | 4,523.43% | - | -4,328.67% | 4,207.04% | 1,651.49% |
| FCF Conversion (EBITDA) | - | - | - | 46,742.37% | - | - | 33,840.9% | 13,749.17% |
| FCF Conversion (Net income) | - | - | - | - | - | - | 82,120.17% | 35,274.36% |
| Dividend per Share 2 | 200.0 | 460.0 | 600.0 | 500.0 | - | 500.0 | 535.0 | 608.3 |
| Announcement Date | 2/17/20 | 2/10/21 | 2/11/22 | 2/13/23 | 2/19/24 | - | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 214.5 | 467.9 | 310.1 | 327 | 323.1 | 418.3 | 350.5 | 415.5 | 380.5 | 402.1 | 736.7 | 672.1 | 654.5 | 720.9 | 785 |
| EBITDA 1 | - | - | - | 35.49 | 36.86 | - | 42.1 | - | - | - | 43.1 | 69.1 | 79.5 | 103.6 | - |
| EBIT 1 | 12.84 | 29.16 | 9.206 | 19.32 | 20.23 | -2.028 | 24.56 | 41.83 | 41.48 | 34.38 | -9.451 | 43.76 | 49.06 | 56.05 | 57 |
| Operating Margin | 5.99% | 6.23% | 2.97% | 5.91% | 6.26% | -0.48% | 7.01% | 10.07% | 10.9% | 8.55% | -1.28% | 6.51% | 7.5% | 7.77% | 7.26% |
| Earnings before Tax (EBT) 1 | 12.1 | 15.52 | -1.74 | 6.419 | 0.073 | -4.603 | 12.65 | 22.12 | 22.88 | -1.601 | -36.67 | 25.65 | 27.27 | 45.47 | - |
| Net income 1 | 10.2 | 8.737 | -5.258 | 6.322 | 5.371 | -12.12 | 7.859 | 20.64 | 19.12 | - | -39.17 | 21.82 | 25.6 | 34.08 | - |
| Net margin | 4.75% | 1.87% | -1.7% | 1.93% | 1.66% | -2.9% | 2.24% | 4.97% | 5.02% | - | -5.32% | 3.25% | 3.91% | 4.73% | - |
| EPS 2 | 250.0 | 184.0 | -125.0 | 158.0 | 129.0 | -293.0 | 184.0 | 498.0 | 461.0 | - | 677.9 | 748.2 | 844.8 | 1,031 | - |
| Dividend per Share 2 | - | 600.0 | - | - | - | 500.0 | - | - | - | - | - | - | - | 980.0 | - |
| Announcement Date | 11/5/21 | 2/11/22 | 5/16/22 | 8/9/22 | 11/9/22 | 2/13/23 | 5/10/23 | 8/9/23 | 11/8/23 | 2/19/24 | 5/9/24 | - | - | - | - |
1KRW in Billions2KRW
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 111 | 140 | 135 | 245 | - | 893 | 844 | 992 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.354 x | 1.104 x | 0.9732 x | 1.836 x | - | 3.298 x | 2.046 x | 2.166 x |
| Free Cash Flow 2 | -2,011 | -86,214 | -197,697 | 62,378 | - | -119,225 | 139,500 | 63,000 |
| ROE (net income / shareholders' equity) | 8.42% | 9.48% | 9.46% | -1.57% | 5.38% | 9.24% | 16.3% | 15.9% |
| ROA (Net income/ Total Assets) | 4.3% | 4.67% | 4.99% | -0.55% | - | 3.77% | 5.65% | 4.23% |
| Assets 1 | 663.5 | 831.1 | 1,385 | 2,641 | - | 2,614 | 3,007 | 4,219 |
| Book Value Per Share 3 | 10,688 | 23,900 | 21,577 | 21,045 | - | 21,699 | 26,755 | 28,701 |
| Cash Flow per Share 3 | - | 1,470 | -2,543 | 3,703 | - | 2,987 | 6,245 | 5,987 |
| Capex 1 | 87.7 | 110 | 92.3 | 91.9 | - | 200 | 216 | 187 |
| Capex / Sales | 11% | 11.33% | 7.67% | 6.66% | - | 7.27% | 6.51% | 4.9% |
| Announcement Date | 2/17/20 | 2/10/21 | 2/11/22 | 2/13/23 | 2/19/24 | - | - | - |
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
13
Last Close Price
48,200
KRW
Average target price
76,000
KRW
Spread / Average Target
+57.68%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -31.34% | 1.46B | |
| -10.85% | 27.83B | |
| +4.45% | 6.5B | |
| -1.33% | 4.67B | |
| 0.00% | 4.19B | |
| -6.12% | 2.71B | |
| +8.61% | 2.12B | |
| -16.45% | 1.96B | |
| +53.27% | 1.67B | |
| -13.29% | 1.54B |
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- A112610 Stock
- Financials CS Wind Corporation