Financials Ace Technologies Corp.

Equities

A088800

KR7088800008

Communications & Networking

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2,010 KRW +0.25% Intraday chart for Ace Technologies Corp. -1.47% -1.47%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 172,231 313,272 1,103,178 655,315 298,380 141,986
Enterprise Value (EV) 1 346,178 468,437 1,260,608 845,425 480,151 268,039
P/E ratio 62.2 x -32.6 x -13.5 x -19.4 x -9.3 x -1.33 x
Yield - - - - - -
Capitalization / Revenue 0.46 x 0.83 x 5.23 x 2.82 x 1.24 x 1.01 x
EV / Revenue 0.92 x 1.24 x 5.98 x 3.63 x 2 x 1.91 x
EV / EBITDA 11 x 21.6 x -28.3 x -38.8 x -83.2 x -5.21 x
EV / FCF 38.2 x -13.3 x -36.9 x -12.5 x -60.9 x 6.18 x
FCF Yield 2.62% -7.49% -2.71% -8% -1.64% 16.2%
Price to Book 2.2 x 3.54 x 15.9 x 9.6 x 4.53 x 6.76 x
Nbr of stocks (in thousands) 33,771 38,533 40,633 43,398 44,601 69,601
Reference price 2 5,100 8,130 27,150 15,100 6,690 2,040
Announcement Date 3/21/19 3/19/20 3/23/21 3/22/22 3/23/23 3/21/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 377,317 378,602 210,755 232,779 240,405 140,047
EBITDA 1 31,473 21,652 -44,510 -21,768 -5,774 -51,443
EBIT 1 13,179 2,630 -61,929 -36,978 -20,059 -63,254
Operating Margin 3.49% 0.69% -29.38% -15.89% -8.34% -45.17%
Earnings before Tax (EBT) 1 1,786 -11,753 -76,652 -32,640 -31,318 -79,744
Net income 1 3,090 -9,226 -83,149 -31,683 -30,146 -78,899
Net margin 0.82% -2.44% -39.45% -13.61% -12.54% -56.34%
EPS 2 82.00 -249.5 -2,012 -778.0 -719.0 -1,537
Free Cash Flow 1 9,060 -35,100 -34,167 -67,666 -7,881 43,351
FCF margin 2.4% -9.27% -16.21% -29.07% -3.28% 30.95%
FCF Conversion (EBITDA) 28.79% - - - - -
FCF Conversion (Net income) 293.23% - - - - -
Dividend per Share - - - - - -
Announcement Date 3/21/19 3/19/20 3/23/21 3/22/22 3/23/23 3/21/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 173,947 155,165 157,430 190,110 181,771 126,053
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.527 x 7.166 x -3.537 x -8.734 x -31.48 x -2.45 x
Free Cash Flow 1 9,060 -35,100 -34,167 -67,666 -7,881 43,351
ROE (net income / shareholders' equity) 1.67% -11.4% -104% -44.8% -43.7% -176%
ROA (Net income/ Total Assets) 2.05% 0.4% -10.6% -6.28% -3.29% -12.4%
Assets 1 151,089 -2,280,923 787,833 504,243 916,406 637,658
Book Value Per Share 2 2,314 2,294 1,705 1,572 1,476 302.0
Cash Flow per Share 2 326.0 284.0 483.0 200.0 221.0 123.0
Capex 1 18,394 30,639 24,303 5,467 2,281 2,221
Capex / Sales 4.87% 8.09% 11.53% 2.35% 0.95% 1.59%
Announcement Date 3/21/19 3/19/20 3/23/21 3/22/22 3/23/23 3/21/24
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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