Financials Codes Combine Co., Ltd.

Equities

A047770

KR7047770003

Apparel & Accessories

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1,625 KRW -0.25% Intraday chart for Codes Combine Co., Ltd. -1.52% -9.27%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 105,185 106,453 96,638 97,582 65,872 67,609
Enterprise Value (EV) 1 110,322 109,489 96,177 88,590 44,287 44,949
P/E ratio 30.3 x 15.6 x 17.2 x 14.8 x 8.68 x 18.3 x
Yield - - - - - -
Capitalization / Revenue 3.58 x 2.97 x 2.97 x 2.55 x 1.69 x 1.61 x
EV / Revenue 3.76 x 3.06 x 2.96 x 2.32 x 1.13 x 1.07 x
EV / EBITDA 19.5 x 17.6 x 17.3 x 14.6 x 8.59 x 10.4 x
EV / FCF 108 x 39 x 14.1 x 18.3 x -32.6 x -17.9 x
FCF Yield 0.92% 2.57% 7.11% 5.47% -3.06% -5.58%
Price to Book 3.02 x 2.56 x 2.12 x 1.87 x 1.1 x 1.06 x
Nbr of stocks (in thousands) 37,836 37,749 37,749 37,749 37,749 37,749
Reference price 2 2,780 2,820 2,560 2,585 1,745 1,791
Announcement Date 3/18/19 3/16/20 3/17/21 3/21/22 3/21/23 3/13/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 29,343 35,815 32,485 38,264 39,053 41,956
EBITDA 1 5,669 6,235 5,568 6,083 5,155 4,330
EBIT 1 4,806 4,475 3,669 4,267 3,796 2,930
Operating Margin 16.38% 12.49% 11.29% 11.15% 9.72% 6.98%
Earnings before Tax (EBT) 1 3,546 4,311 3,763 5,935 7,604 4,136
Net income 1 3,474 6,824 5,630 6,623 7,596 3,711
Net margin 11.84% 19.05% 17.33% 17.31% 19.45% 8.85%
EPS 2 91.79 180.8 149.1 175.0 201.0 98.00
Free Cash Flow 1 1,019 2,810 6,837 4,844 -1,356 -2,510
FCF margin 3.47% 7.84% 21.05% 12.66% -3.47% -5.98%
FCF Conversion (EBITDA) 17.98% 45.06% 122.78% 79.62% - -
FCF Conversion (Net income) 29.34% 41.17% 121.44% 73.14% - -
Dividend per Share - - - - - -
Announcement Date 3/18/19 3/16/20 3/17/21 3/21/22 3/21/23 3/13/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 5,138 3,036 - - - -
Net Cash position 1 - - 461 8,992 21,585 22,660
Leverage (Debt/EBITDA) 0.9063 x 0.4869 x - - - -
Free Cash Flow 1 1,019 2,810 6,837 4,844 -1,356 -2,510
ROE (net income / shareholders' equity) 11.4% 17.7% 9.88% 12.9% 13.1% 5.79%
ROA (Net income/ Total Assets) 6.26% 4.11% 3.11% 3.41% 2.89% 2.16%
Assets 1 55,503 165,967 181,087 193,963 263,122 171,821
Book Value Per Share 2 920.0 1,102 1,209 1,384 1,585 1,683
Cash Flow per Share 2 115.0 203.0 283.0 461.0 796.0 779.0
Capex 1 637 1,144 402 466 609 1,108
Capex / Sales 2.17% 3.19% 1.24% 1.22% 1.56% 2.64%
Announcement Date 3/18/19 3/16/20 3/17/21 3/21/22 3/21/23 3/13/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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