Financials Hanmi Pharm. Co., Ltd.

Equities

A128940

KR7128940004

Pharmaceuticals

End-of-day quote Korea S.E. 06:00:00 2024-06-11 pm EDT 5-day change 1st Jan Change
284,000 KRW +0.89% Intraday chart for Hanmi Pharm. Co., Ltd. -2.91% -19.43%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,490,741 4,397,245 3,373,870 3,711,167 4,473,421 3,569,480 - -
Enterprise Value (EV) 2 4,184 5,040 3,855 4,231 4,982 3,809 3,583 3,438
P/E ratio 65.7 x 368 x 50.3 x 36.5 x 30.6 x 20.1 x 19.4 x 16.2 x
Yield 0.17% 0.14% 0.18% 0.17% 0.14% 0.17% 0.18% 0.18%
Capitalization / Revenue 3.13 x 4.09 x 2.8 x 2.79 x 3 x 2.18 x 2.02 x 2.02 x
EV / Revenue 3.76 x 4.68 x 3.2 x 3.18 x 3.34 x 2.33 x 2.03 x 1.95 x
EV / EBITDA 26.3 x 45.7 x 18 x 16.6 x 15.6 x 10.7 x 9.77 x 8.47 x
EV / FCF -27.2 x 45.9 x 21.2 x 32.1 x 28.8 x 19.2 x 17.3 x 15.9 x
FCF Yield -3.67% 2.18% 4.72% 3.12% 3.47% 5.2% 5.78% 6.28%
Price to Book 4.73 x 6.02 x 4.2 x 4.26 x 4.59 x 3.24 x 2.79 x 2.45 x
Nbr of stocks (in thousands) 12,744 12,732 12,718 12,703 12,691 12,680 - -
Reference price 3 273,920 345,361 265,283 292,157 352,500 281,500 281,500 281,500
Announcement Date 2/7/20 2/4/21 1/27/22 2/8/23 2/2/24 - - -
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 1,114 1,076 1,206 1,332 1,491 1,635 1,767 1,763
EBITDA 1 159.3 110.3 214.5 254.9 319.1 356.8 366.8 405.7
EBIT 1 103.9 48.68 127.4 157 220.7 263.2 274.1 316.9
Operating Margin 9.33% 4.52% 10.56% 11.79% 14.8% 16.09% 15.51% 17.97%
Earnings before Tax (EBT) 1 83.3 22.13 103.8 116.9 194 244 257.2 291.6
Net income 1 52.11 11.96 81.08 76.93 159.3 178 187.5 221.9
Net margin 4.68% 1.11% 6.72% 5.78% 10.68% 10.88% 10.61% 12.59%
EPS 2 4,170 939.5 5,270 7,994 11,522 14,006 14,496 17,367
Free Cash Flow 3 -153,685 109,719 181,974 131,890 172,801 198,155 207,125 215,967
FCF margin -13,800.71% 10,198.36% 15,088.37% 9,903.76% 11,590.5% 12,116.8% 11,721.24% 12,249.62%
FCF Conversion (EBITDA) - 99,459.77% 84,835.58% 51,735.49% 54,145.08% 55,531.74% 56,463.62% 53,230.15%
FCF Conversion (Net income) - 917,443.51% 224,446.95% 171,451.1% 108,485.82% 111,346.82% 110,469.73% 97,334.97%
Dividend per Share 2 461.9 471.2 480.6 490.2 500.0 488.4 494.1 503.4
Announcement Date 2/7/20 2/4/21 1/27/22 2/8/23 2/2/24 - - -
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 1 350.5 321.1 316.5 342.1 351.3 361.7 342.7 364.6 422.4 403.7 386.8 399.6 441 422.5 401.5
EBITDA 1 - - 54.47 72.67 64.1 84.57 57.83 - 94.72 100.9 74.1 85.6 74.3 - -
EBIT 1 42.72 38.67 29.57 46.8 37.76 60.45 33.16 57.52 70.1 76.64 50.59 58.86 68.59 70.05 52.9
Operating Margin 12.19% 12.04% 9.34% 13.68% 10.75% 16.71% 9.67% 15.78% 16.6% 18.99% 13.08% 14.73% 15.55% 16.58% 13.18%
Earnings before Tax (EBT) 1 34.14 35.67 26.41 37.89 16.6 55.62 25.43 56.28 56.91 74.98 51.7 48.6 59.8 72.05 54
Net income 1 17.47 19.31 18.02 25.37 13.61 43.11 16.06 54.71 47.45 55 38.2 32 41.8 37.7 32.4
Net margin 4.98% 6.01% 5.69% 7.42% 3.87% 11.92% 4.68% 15% 11.23% 13.63% 9.88% 8.01% 9.48% 8.92% 8.07%
EPS - - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 1/27/22 4/27/22 7/18/22 11/1/22 2/8/23 4/26/23 7/28/23 11/1/23 2/2/24 4/30/24 - - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 693 643 481 519 508 239 13.9 -
Net Cash position 1 - - - - - - - 132
Leverage (Debt/EBITDA) 4.354 x 5.825 x 2.244 x 2.038 x 1.593 x 0.6709 x 0.0378 x -
Free Cash Flow 2 -153,685 109,719 181,974 131,890 172,801 198,155 207,125 215,967
ROE (net income / shareholders' equity) 7.93% 1.65% 9.21% 9.89% 15.1% 17.3% 15.4% 16.5%
ROA (Net income/ Total Assets) 3.54% 0.63% 3.51% 4.29% 7.65% 9.32% 8.96% 9.67%
Assets 1 1,471 1,898 2,310 1,794 2,082 1,909 2,092 2,294
Book Value Per Share 3 57,930 57,329 63,128 68,632 76,794 86,889 100,920 114,836
Cash Flow per Share 3 996.0 11,901 15,876 12,773 17,062 23,752 24,556 27,291
Capex 1 166 41.8 19.9 30.4 43.7 45.8 56.9 55.8
Capex / Sales 14.92% 3.89% 1.65% 2.28% 2.93% 2.8% 3.22% 3.17%
Announcement Date 2/7/20 2/4/21 1/27/22 2/8/23 2/2/24 - - -
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
18
Last Close Price
281,500 KRW
Average target price
410,702 KRW
Spread / Average Target
+45.90%
Consensus

Quarterly revenue - Rate of surprise

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