DAESANG CORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 21,700 KRW | -0.23% |
|
+3.83% | +4.58% |
| Apr. 08 | Korean Food Companies Boost R&D as Ramyun, Dumplings Gain Popularity | MT |
| Mar. 14 | Daesang Corporation Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 821,990 | 927,177 | 830,798 | 780,236 | 755,052 | 774,759 | - |
| Enterprise Value (EV) 1 | 822,409 | 927,498 | 831,147 | 780,994 | 755,052 | 774,759 | 774,759 |
| P/E ratio | 7.8 x | 7.5 x | 5.82 x | 9.5 x | - | 7.09 x | 6.54 x |
| Yield | 2.63% | 2.3% | 3.43% | 3.65% | - | 3.69% | 3.69% |
| Capitalization / Revenue | 0.28 x | 0.3 x | 0.24 x | 0.19 x | 0.18 x | 0.18 x | 0.17 x |
| EV / Revenue | 0.28 x | 0.3 x | 0.24 x | 0.19 x | 0.18 x | 0.18 x | 0.17 x |
| EV / EBITDA | 3.6 x | 3.32 x | 3.15 x | 2.92 x | - | 2.63 x | 2.64 x |
| EV / FCF | 4.92 x | 53.7 x | -8.19 x | -2.94 x | - | 5.96 x | 8.33 x |
| FCF Yield | 20.3% | 1.86% | -12.2% | -34% | - | 16.8% | 12% |
| Price to Book | 0.8 x | 0.83 x | 0.66 x | 0.56 x | - | 0.55 x | 0.52 x |
| Nbr of stocks (in thousands) | 36,018 | 36,018 | 36,018 | 36,018 | 36,018 | 36,018 | - |
| Reference price 2 | 23,200 | 26,050 | 23,300 | 21,900 | 20,750 | 21,700 | 21,700 |
| Announcement Date | 3/11/20 | 2/10/21 | 3/17/22 | 2/9/23 | 1/29/24 | - | - |
1KRW in Million2KRW
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,978 | 3,114 | 3,470 | 4,084 | 4,110 | 4,245 | 4,454 |
| EBITDA 1 | 228.5 | 279.5 | 263.5 | 267.4 | - | 295 | 293 |
| EBIT 1 | 129.8 | 174.9 | 153.2 | 140 | 123.2 | 175.4 | 189.5 |
| Operating Margin | 4.36% | 5.62% | 4.42% | 3.43% | 3% | 4.13% | 4.25% |
| Earnings before Tax (EBT) 1 | 150.6 | 193.5 | 184.3 | 110.9 | - | 149.1 | 161 |
| Net income 1 | 107.2 | 130.2 | 144.1 | 83.07 | - | 107.2 | 116 |
| Net margin | 3.6% | 4.18% | 4.15% | 2.03% | - | 2.53% | 2.6% |
| EPS 2 | 2,976 | 3,473 | 4,001 | 2,306 | - | 3,060 | 3,316 |
| Free Cash Flow 3 | 167,165 | 17,251 | -101,453 | -265,291 | - | 130,000 | 93,000 |
| FCF margin | 5,612.48% | 554% | -2,923.73% | -6,495.73% | - | 3,062.57% | 2,087.78% |
| FCF Conversion (EBITDA) | 73,151.6% | 6,172.34% | - | - | - | 44,067.8% | 31,740.61% |
| FCF Conversion (Net income) | 155,931.52% | 13,250.72% | - | - | - | 121,268.66% | 80,172.41% |
| Dividend per Share 2 | 610.0 | 600.0 | 800.0 | 800.0 | - | 800.0 | 800.0 |
| Announcement Date | 3/11/20 | 2/10/21 | 3/17/22 | 2/9/23 | 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 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 916.4 | 905 | 986.8 | 1,026 | 1,062 | 1,009 | 989.6 | 1,004 | 1,016 | 1,043 | 1,155 | 1,031 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 35.87 | 17.37 | 42.78 | 48.62 | 34.42 | 14.18 | 24.9 | 33.63 | 46.95 | 45.6 | 64.55 | 18.25 |
| Operating Margin | 3.91% | 1.92% | 4.34% | 4.74% | 3.24% | 1.4% | 2.52% | 3.35% | 4.62% | 4.37% | 5.59% | 1.77% |
| Earnings before Tax (EBT) 1 | 29.86 | 63.36 | - | 39.79 | 12.6 | 18.6 | 18.32 | 31.73 | 42.3 | 41.5 | 53 | 12.3 |
| Net income 1 | 22.3 | 50.92 | 28.95 | 28.92 | 6.215 | 18.98 | 13.16 | 26.79 | 31.4 | 31.8 | 33.4 | 10.6 |
| Net margin | 2.43% | 5.63% | 2.93% | 2.82% | 0.59% | 1.88% | 1.33% | 2.67% | 3.09% | 3.05% | 2.89% | 1.03% |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/15/21 | 3/17/22 | 5/16/22 | 8/16/22 | 11/14/22 | 2/9/23 | 5/15/23 | 8/11/23 | - | - | - | - |
1KRW in Billions
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | 419 | 321 | 348 | 758 | - | - | - |
| Net Cash position | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.834 x | 1.149 x | 1.322 x | 2.834 x | - | - | - |
| Free Cash Flow 1 | 167,165 | 17,251 | -101,453 | -265,291 | - | 130,000 | 93,000 |
| ROE (net income / shareholders' equity) | 11% | 12.3% | 12.5% | 6.19% | 5.06% | 8.3% | 8.45% |
| ROA (Net income/ Total Assets) | 4.67% | 5.28% | 5.34% | 2.74% | - | 3.6% | 4.4% |
| Assets 2 | 2,298 | 2,466 | 2,699 | 3,030 | - | 2,978 | 2,636 |
| Book Value Per Share 3 | 29,013 | 31,273 | 35,410 | 39,165 | - | 39,479 | 41,817 |
| Cash Flow per Share 3 | 4,644 | 3,494 | 1,693 | -2,625 | - | 7,584 | 7,565 |
| Capex 2 | 110 | 104 | 160 | 174 | - | 100 | 100 |
| Capex / Sales | 3.69% | 3.33% | 4.61% | 4.27% | - | 2.36% | 2.24% |
| Announcement Date | 3/11/20 | 2/10/21 | 3/17/22 | 2/9/23 | 1/29/24 | - | - |
1KRW in Million2KRW in Billions3KRW
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
21,700
KRW
Average target price
26,500
KRW
Spread / Average Target
+22.12%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +4.58% | 563M | |
| -4.93% | 261B | |
| -2.51% | 94.98B | |
| +3.19% | 46.39B | |
| +8.74% | 39.99B | |
| -0.65% | 39.95B | |
| -0.15% | 38.02B | |
| -16.78% | 30.16B | |
| -6.61% | 28.72B | |
| +11.32% | 24.54B |
- Stock Market
- Equities
- A001680 Stock
- Financials Daesang Corporation
