Financials Harim Holdings Co., Ltd.

Equities

A003380

KR7003380003

Food Processing

End-of-day quote Korea S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
6,530 KRW 0.00% Intraday chart for Harim Holdings Co., Ltd. +2.51% -15.96%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 873,132 647,118 680,342 713,567 713,580 755,719
Enterprise Value (EV) 1 3,839,757 4,084,212 4,574,995 5,390,797 5,445,044 5,742,148
P/E ratio 8.74 x 11.6 x 12.4 x 2.29 x 2.86 x 20.2 x
Yield 0.87% 0.58% 0.55% 1.06% 1.57% 1.54%
Capitalization / Revenue 0.12 x 0.09 x 0.09 x 0.07 x 0.05 x 0.06 x
EV / Revenue 0.52 x 0.56 x 0.59 x 0.5 x 0.4 x 0.48 x
EV / EBITDA 6.16 x 6.4 x 6.47 x 4.28 x 3.05 x 4.67 x
EV / FCF -10.8 x -26.6 x -56.5 x -33.2 x 10.8 x 17.7 x
FCF Yield -9.23% -3.75% -1.77% -3.01% 9.3% 5.66%
Price to Book 0.52 x 0.37 x 0.4 x 0.34 x 0.26 x 0.27 x
Nbr of stocks (in thousands) 75,925 75,510 75,510 75,510 93,278 97,261
Reference price 2 11,500 8,570 9,010 9,450 7,650 7,770
Announcement Date 3/19/19 3/30/20 3/12/21 3/11/22 3/29/23 3/20/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 7,357,069 7,350,259 7,723,311 10,808,700 13,775,296 12,062,363
EBITDA 1 623,625 638,580 706,944 1,259,374 1,786,610 1,228,530
EBIT 1 352,467 306,116 350,136 744,954 939,981 554,467
Operating Margin 4.79% 4.16% 4.53% 6.89% 6.82% 4.6%
Earnings before Tax (EBT) 1 229,047 133,833 225,112 648,803 616,005 227,836
Net income 1 96,379 55,592 54,731 311,758 243,982 37,053
Net margin 1.31% 0.76% 0.71% 2.88% 1.77% 0.31%
EPS 2 1,315 736.2 724.8 4,129 2,678 384.0
Free Cash Flow 1 -354,332 -153,360 -80,928 -162,493 506,328 324,719
FCF margin -4.82% -2.09% -1.05% -1.5% 3.68% 2.69%
FCF Conversion (EBITDA) - - - - 28.34% 26.43%
FCF Conversion (Net income) - - - - 207.53% 876.37%
Dividend per Share 2 100.0 50.00 50.00 100.0 120.0 120.0
Announcement Date 3/19/19 3/30/20 3/12/21 3/11/22 3/29/23 3/20/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1 2023 Q3
Net sales 1 2,888 3,055
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 53.1 -1.292
Net margin 1.84% -0.04%
EPS - -
Dividend per Share - -
Announcement Date 5/12/23 11/10/23
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,966,624 3,437,094 3,894,652 4,677,231 4,731,464 4,986,428
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.757 x 5.382 x 5.509 x 3.714 x 2.648 x 4.059 x
Free Cash Flow 1 -354,332 -153,360 -80,928 -162,493 506,328 324,719
ROE (net income / shareholders' equity) 6.16% 2.8% 5.03% 15.3% 12.2% 3.46%
ROA (Net income/ Total Assets) 2.91% 2.29% 2.43% 4.45% 4.72% 2.6%
Assets 1 3,313,582 2,430,578 2,248,416 7,011,619 5,167,806 1,424,997
Book Value Per Share 2 22,178 23,093 22,431 27,945 29,169 28,855
Cash Flow per Share 2 8,343 7,485 9,573 14,146 13,520 12,986
Capex 1 503,855 605,793 703,992 659,575 607,958 619,497
Capex / Sales 6.85% 8.24% 9.12% 6.1% 4.41% 5.14%
Announcement Date 3/19/19 3/30/20 3/12/21 3/11/22 3/29/23 3/20/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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