Financials DL E&C Co.,Ltd.

Equities

A375500

KR7375500006

Construction & Engineering

End-of-day quote Korea S.E. 06:00:00 2024-06-13 pm EDT 5-day change 1st Jan Change
34,600 KRW -1.70% Intraday chart for DL E&C Co.,Ltd. -0.72% -4.02%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 2,448,265 1,397,528 1,439,475 1,389,143 - -
Enterprise Value (EV) 2 1,410 -119.8 17.45 251.6 40.34 -339.7
P/E ratio 4.42 x 3.33 x 7.7 x 4.8 x 3.41 x 2.91 x
Yield 2.27% 2.96% 1.39% 2.18% 2.58% 3.04%
Capitalization / Revenue 0.32 x 0.19 x 0.18 x 0.16 x 0.15 x 0.14 x
EV / Revenue 0.18 x -0.02 x 0 x 0.03 x 0 x -0.04 x
EV / EBITDA 1.36 x -0.21 x 0.04 x 0.49 x 0.06 x -0.46 x
EV / FCF 2.5 x -0.9 x 0.08 x 0.77 x 0.11 x -0.7 x
FCF Yield 40% -111% 1,256% 130% 877% -144%
Price to Book 0.55 x 0.3 x 0.28 x 0.29 x 0.27 x 0.25 x
Nbr of stocks (in thousands) 42,894 42,714 41,913 41,913 - -
Reference price 3 59,500 33,750 36,050 34,600 34,600 34,600
Announcement Date 1/27/22 2/3/23 2/1/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 7,632 7,497 7,995 8,558 9,207 9,616
EBITDA 1 1,037 583.1 418.4 515.3 639.9 738.4
EBIT 1 957.3 496.3 331.2 447.3 561.1 653.6
Operating Margin 12.54% 6.62% 4.14% 5.23% 6.09% 6.8%
Earnings before Tax (EBT) 1 909.3 572.9 280.5 423.8 584.9 684.7
Net income 1 520.2 397.1 187.9 294.7 412.6 481.9
Net margin 6.82% 5.3% 2.35% 3.44% 4.48% 5.01%
EPS 2 13,452 10,130 4,679 7,203 10,159 11,883
Free Cash Flow 3 564,259 132,915 219,072 326,638 353,638 487,933
FCF margin 7,393.67% 1,772.96% 2,740.27% 3,816.95% 3,840.77% 5,074.14%
FCF Conversion (EBITDA) 54,419.25% 22,792.8% 52,359.35% 63,388.95% 55,261.62% 66,078.02%
FCF Conversion (Net income) 108,465.36% 33,472.61% 116,575.87% 110,837.29% 85,717.68% 101,250.08%
Dividend per Share 2 1,350 1,000 500.0 753.6 891.4 1,051
Announcement Date 1/27/22 2/3/23 2/1/24 - - -
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
Net sales 1 2,203 1,515 1,877 1,849 2,256 1,850 1,971 1,837 2,336 1,891 2,124 2,080 2,455
EBITDA - - - - - - - - - - - - -
EBIT 1 269.5 125.7 134.6 116.4 119.6 90.16 71.88 80.4 88.75 60.89 88.78 123.2 170.2
Operating Margin 12.24% 8.3% 7.17% 6.29% 5.3% 4.87% 3.65% 4.38% 3.8% 3.22% 4.18% 5.92% 6.93%
Earnings before Tax (EBT) 1 205.3 145.8 169.7 225.7 31.68 126.2 63.16 80 11.08 44.12 89.7 118.2 185.2
Net income 1 104.8 101.1 110.2 155.2 30.69 89.92 29.92 64.5 3.587 25.99 53.6 86.32 134.3
Net margin 4.76% 6.67% 5.87% 8.39% 1.36% 4.86% 1.52% 3.51% 0.15% 1.37% 2.52% 4.15% 5.47%
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 1/27/22 5/2/22 7/28/22 10/27/22 2/3/23 4/28/23 7/27/23 10/26/23 2/1/24 5/2/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - -
Net Cash position 1 1,038 1,517 1,422 1,138 1,349 1,729
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 2 564,259 132,915 219,072 326,638 353,638 487,933
ROE (net income / shareholders' equity) 13.8% 9.06% 4.12% 6.16% 7.87% 8.66%
ROA (Net income/ Total Assets) 6.63% 4.68% 2.68% 3.36% 4.29% 4.84%
Assets 1 7,845 8,488 7,012 8,771 9,628 9,959
Book Value Per Share 3 107,773 113,290 126,971 118,830 127,304 137,822
Cash Flow per Share 3 15,008 3,958 6,159 10,957 14,427 17,220
Capex 1 16.2 16.1 12.3 186 222 166
Capex / Sales 0.21% 0.22% 0.15% 2.17% 2.41% 1.72%
Announcement Date 1/27/22 2/3/23 2/1/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
34,600 KRW
Average target price
48,786 KRW
Spread / Average Target
+41.00%
Consensus

Quarterly revenue - Rate of surprise

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