Financials CJ Cheiljedang Corporation

Equities

A097950

KR7097950000

Food Processing

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
337,000 KRW +1.35% Intraday chart for CJ Cheiljedang Corporation +0.60% +4.01%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,855,531 5,821,669 5,930,461 5,815,646 4,939,647 5,144,500 - -
Enterprise Value (EV) 2 10,838 13,153 14,345 13,792 4,940 13,998 13,761 14,975
P/E ratio 26.5 x 8.91 x 10.1 x 10.2 x - 9.94 x 8.53 x 7.63 x
Yield 1.39% 0.92% 1.29% 1.45% - 1.8% 1.87% 1.88%
Capitalization / Revenue 0.17 x 0.24 x 0.23 x 0.19 x 0.17 x 0.17 x 0.16 x 0.15 x
EV / Revenue 0.48 x 0.54 x 0.55 x 0.46 x 0.17 x 0.46 x 0.43 x 0.45 x
EV / EBITDA 5.4 x 4.98 x 5.15 x 4.5 x - 4.54 x 4.21 x 4.32 x
EV / FCF 18.4 x 12.7 x 41.9 x 74.8 x - 18.8 x 12.4 x 13.2 x
FCF Yield 5.44% 7.86% 2.39% 1.34% - 5.33% 8.04% 7.59%
Price to Book 0.76 x 1.06 x 1.02 x 0.9 x - 0.71 x 0.66 x 0.62 x
Nbr of stocks (in thousands) 16,023 16,023 16,023 16,023 16,023 16,023 - -
Reference price 3 252,500 381,000 387,500 380,500 324,000 337,000 337,000 337,000
Announcement Date 2/12/20 2/8/21 2/14/22 2/13/23 2/13/24 - - -
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 22,352 24,246 26,289 30,080 29,023 30,186 31,809 33,428
EBITDA 1 2,007 2,642 2,786 3,068 - 3,081 3,269 3,465
EBIT 1 896.9 1,360 1,524 1,665 1,292 1,558 1,750 1,900
Operating Margin 4.01% 5.61% 5.8% 5.53% 4.45% 5.16% 5.5% 5.68%
Earnings before Tax (EBT) 1 338.8 1,178 1,218 1,246 732 1,039 1,225 1,354
Net income 1 152.5 685.6 612.9 595.9 385.9 541.6 636.6 719.8
Net margin 0.68% 2.83% 2.33% 1.98% 1.33% 1.79% 2% 2.15%
EPS 2 9,516 42,783 38,246 37,188 - 33,913 39,498 44,139
Free Cash Flow 3 589,194 1,033,300 342,489 184,302 - 745,475 1,106,880 1,136,533
FCF margin 2,635.92% 4,261.78% 1,302.77% 612.72% - 2,469.57% 3,479.73% 3,399.94%
FCF Conversion (EBITDA) 29,353.01% 39,109.03% 12,291.07% 6,007.24% - 24,193.34% 33,862.64% 32,799.44%
FCF Conversion (Net income) 386,240.2% 150,718.67% 55,881.01% 30,926.77% - 137,639.92% 173,877.12% 157,895.71%
Dividend per Share 2 3,500 3,500 5,000 5,500 - 6,050 6,300 6,333
Announcement Date 2/12/20 2/8/21 2/14/22 2/13/23 2/13/24 - - -
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 6,854 6,948 6,980 7,517 8,012 7,571 7,071 7,219 7,443 7,289 7,246 7,393 7,814 7,644 -
EBITDA - - - - - - - - - - - - - - -
EBIT 1 433.2 236.6 435.7 504.3 484.2 240.6 252.8 344.6 396 298.3 344.1 374 461.4 416.2 -
Operating Margin 6.32% 3.41% 6.24% 6.71% 6.04% 3.18% 3.57% 4.77% 5.32% 4.09% 4.75% 5.06% 5.9% 5.45% -
Earnings before Tax (EBT) 1 286.3 180.1 361.3 369.3 370.2 144.7 99.27 176.9 304.8 151 216.8 217.6 321.7 263 -
Net income 1 150.6 122.7 199 176.7 168.6 51.7 6.628 65.93 200.9 112.5 105.1 102.6 159.1 132.5 -
Net margin 2.2% 1.77% 2.85% 2.35% 2.1% 0.68% 0.09% 0.91% 2.7% 1.54% 1.45% 1.39% 2.04% 1.73% -
EPS - 2,397 12,462 11,030 10,523 3,223 414.0 4,114 12,538 - - - - - -
Dividend per Share 2 - - - - - - - - - - - - - 6,500 -
Announcement Date 11/8/21 2/14/22 5/9/22 8/8/22 11/14/22 2/13/23 5/8/23 8/7/23 11/13/23 2/13/24 - - - - -
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 6,982 7,331 8,415 7,977 - 8,853 8,616 9,831
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.479 x 2.775 x 3.02 x 2.6 x - 2.873 x 2.636 x 2.837 x
Free Cash Flow 2 589,194 1,033,300 342,489 184,302 - 745,475 1,106,880 1,136,533
ROE (net income / shareholders' equity) 3.16% 13.5% 10.8% 9.26% - 7.3% 8.47% 8.37%
ROA (Net income/ Total Assets) 0.67% 2.64% 2.34% 2.1% - 2.09% 2.4% 2.9%
Assets 1 22,888 25,946 26,234 28,434 - 25,968 26,524 24,821
Book Value Per Share 3 332,103 358,878 381,542 421,621 - 471,674 507,620 547,392
Cash Flow per Share 3 133,689 136,202 114,746 110,724 - 129,200 135,974 -
Capex 1 1,554 968 1,344 1,443 - 1,308 1,359 1,449
Capex / Sales 6.95% 3.99% 5.11% 4.8% - 4.33% 4.27% 4.33%
Announcement Date 2/12/20 2/8/21 2/14/22 2/13/23 2/13/24 - - -
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
11
Last Close Price
337,000 KRW
Average target price
427,000 KRW
Spread / Average Target
+26.71%
Consensus
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