BORYUNG CORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10,930 KRW | -0.18% |
|
-1.09% | -8.07% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 697,868 | 952,407 | 965,199 | 596,925 | 783,143 | 725,827 | - |
| Enterprise Value (EV) 2 | 791.9 | 1,039 | 1,071 | 710 | 783.1 | 832.3 | 764.4 |
| P/E ratio | 21.7 x | 34.4 x | 21.4 x | 14.3 x | 19.5 x | 11.4 x | 9.44 x |
| Yield | 0.36% | 0.52% | 0.68% | 1.1% | - | 0.91% | 0.91% |
| Capitalization / Revenue | 1.33 x | 1.7 x | 1.54 x | 0.78 x | 0.91 x | 0.69 x | 0.64 x |
| EV / Revenue | 1.51 x | 1.85 x | 1.71 x | 0.93 x | 0.91 x | 0.79 x | 0.67 x |
| EV / EBITDA | 14 x | 15.6 x | 14.7 x | 7.62 x | 8.3 x | 6.06 x | 4.76 x |
| EV / FCF | -39.6 x | 39.3 x | 24.3 x | 94.2 x | - | 15.6 x | 9.62 x |
| FCF Yield | -2.53% | 2.55% | 4.11% | 1.06% | - | 6.4% | 10.4% |
| Price to Book | 2.47 x | 2.72 x | 1.93 x | 1.16 x | - | 1.33 x | 1.17 x |
| Nbr of stocks (in thousands) | 55,481 | 59,994 | 66,110 | 65,886 | 65,866 | 66,407 | - |
| Reference price 3 | 12,579 | 15,875 | 14,600 | 9,060 | 11,890 | 10,930 | 10,930 |
| Announcement Date | 1/30/20 | 2/5/21 | 3/17/22 | 2/6/23 | 1/29/24 | - | - |
1KRW in Million2KRW in Billions3KRW
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 524.3 | 561.9 | 627.3 | 760.5 | 859.6 | 1,050 | 1,137 |
| EBITDA 1 | 56.49 | 66.78 | 72.74 | 93.16 | 94.38 | 137.3 | 160.6 |
| EBIT 1 | 39.05 | 39.99 | 41.45 | 56.6 | 68.27 | 99.25 | 118 |
| Operating Margin | 7.45% | 7.12% | 6.61% | 7.44% | 7.94% | 9.45% | 10.37% |
| Earnings before Tax (EBT) 1 | 42.46 | 36.04 | 70.72 | 58.92 | 56.31 | 91.8 | 111.9 |
| Net income 1 | 32.22 | 26.86 | 43.04 | 40.92 | 40.2 | 66.05 | 79.57 |
| Net margin | 6.15% | 4.78% | 6.86% | 5.38% | 4.68% | 6.29% | 7% |
| EPS 2 | 580.4 | 460.8 | 683.0 | 634.0 | 610.0 | 962.0 | 1,158 |
| Free Cash Flow 3 | -20,021 | 26,470 | 44,034 | 7,538 | - | 53,300 | 79,500 |
| FCF margin | -3,818.89% | 4,711.1% | 7,019.85% | 991.2% | - | 5,074.26% | 6,991.26% |
| FCF Conversion (EBITDA) | - | 39,637.57% | 60,534.45% | 8,091.42% | - | 38,810.68% | 49,512.14% |
| FCF Conversion (Net income) | - | 98,562.38% | 102,299.55% | 18,422.29% | - | 80,696.44% | 99,916.21% |
| Dividend per Share 2 | 45.46 | 83.33 | 100.0 | 100.0 | - | 100.0 | 100.0 |
| Announcement Date | 1/30/20 | 2/5/21 | 3/17/22 | 2/6/23 | 1/29/24 | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 167.4 | 165.6 | 178.6 | 182.5 | 197.9 | 201.5 | 203.8 | 216.3 | 208.3 | 231.2 | 249.5 | 261 | 269.8 | 270.2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 18.97 | 5.218 | 16.99 | - | 16.62 | 9.182 | 16 | 19.04 | 18.46 | 14.78 | 21.8 | 27.1 | 28.65 | 21.7 |
| Operating Margin | 11.33% | 3.15% | 9.51% | - | 8.4% | 4.56% | 7.85% | 8.8% | 8.86% | 6.39% | 8.74% | 10.39% | 10.62% | 8.03% |
| Earnings before Tax (EBT) | 36.13 | 6.876 | 16.44 | - | - | -8.517 | 15.83 | - | - | - | - | - | - | - |
| Net income 1 | 20.57 | 5.677 | 11.18 | 15.1 | - | -6.339 | 11.35 | - | 11.94 | 5.738 | 15.35 | 18.95 | 20 | 11.8 |
| Net margin | 12.28% | 3.43% | 6.26% | 8.27% | - | -3.15% | 5.57% | - | 5.73% | 2.48% | 6.15% | 7.26% | 7.41% | 4.37% |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/15/21 | 3/17/22 | 5/16/22 | 8/16/22 | 11/14/22 | 2/6/23 | 4/27/23 | 7/27/23 | 10/25/23 | 1/29/24 | - | - | - | - |
1KRW in Billions
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | 94 | 86.8 | 106 | 113 | - | 107 | 38.6 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.664 x | 1.3 x | 1.454 x | 1.214 x | - | 0.7755 x | 0.2404 x |
| Free Cash Flow 2 | -20,021 | 26,470 | 44,034 | 7,538 | - | 53,300 | 79,500 |
| ROE (net income / shareholders' equity) | 12% | 8% | 10.6% | 8.27% | - | 11.4% | 12.4% |
| ROA (Net income/ Total Assets) | 6.73% | 4.3% | 5.83% | 4.87% | - | 6.8% | 7.6% |
| Assets 1 | 478.8 | 624.2 | 738.3 | 840.4 | - | 971.3 | 1,047 |
| Book Value Per Share 3 | 5,100 | 5,845 | 7,582 | 7,831 | - | 8,200 | 9,361 |
| Cash Flow per Share | 847.0 | 769.0 | 955.0 | 421.0 | - | - | - |
| Capex 1 | 67 | 18.3 | 16.1 | 20.3 | - | 22.7 | 25.4 |
| Capex / Sales | 12.78% | 3.25% | 2.57% | 2.67% | - | 2.16% | 2.24% |
| Announcement Date | 1/30/20 | 2/5/21 | 3/17/22 | 2/6/23 | 1/29/24 | - | - |
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
3
Last Close Price
10,930
KRW
Average target price
15,333
KRW
Spread / Average Target
+40.29%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -8.07% | 527M | |
| +19.62% | 43.34B | |
| +20.44% | 21.96B | |
| +10.86% | 14.09B | |
| +13.07% | 13.64B | |
| +37.46% | 11.43B | |
| -8.59% | 6.86B | |
| -0.05% | 6.79B | |
| -8.87% | 5.73B | |
| +8.46% | 5.22B |
- Stock Market
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- A003850 Stock
- Financials Boryung Corporation
