Financials Hyundai Autoever Corporation

Equities

A307950

KR7307950006

IT Services & Consulting

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
153,700 KRW +1.45% Intraday chart for Hyundai Autoever Corporation +13.01% -27.33%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,058,400 2,593,500 3,784,390 2,618,908 5,799,989 4,214,933 - -
Enterprise Value (EV) 2 786.9 2,412 3,149 1,908 5,800 3,412 3,286 3,093
P/E ratio 18.9 x 44 x 51.1 x 23 x 42.1 x 25.6 x 21.5 x 18.2 x
Yield 1.41% 0.61% 0.54% 1.19% - 1.07% 1.14% 1.39%
Capitalization / Revenue 0.67 x 1.66 x 1.83 x 0.95 x 1.89 x 1.22 x 1.08 x 0.94 x
EV / Revenue 0.5 x 1.54 x 1.52 x 0.69 x 1.89 x 0.99 x 0.84 x 0.69 x
EV / EBITDA 6.15 x 16.7 x 17.1 x 7.46 x 18.9 x 10.3 x 8.88 x 7.18 x
EV / FCF 12.3 x 24.4 x 16.1 x 12.6 x - 17.4 x 14.2 x 10.1 x
FCF Yield 8.1% 4.1% 6.19% 7.93% - 5.76% 7.03% 9.94%
Price to Book 2.07 x 4.67 x 2.77 x 1.77 x - 2.46 x 2.23 x 2.07 x
Nbr of stocks (in thousands) 21,000 21,000 27,423 27,423 27,423 27,423 - -
Reference price 3 50,400 123,500 138,000 95,500 211,500 153,700 153,700 153,700
Announcement Date 1/31/20 1/27/21 1/28/22 1/31/23 1/26/24 - - -
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 1,572 1,563 2,070 2,755 3,065 3,452 3,915 4,479
EBITDA 1 127.9 144.4 184.6 255.6 306.4 330.3 369.9 431
EBIT 1 80.21 86.81 96.11 142.4 181.4 207.1 259.4 314
Operating Margin 5.1% 5.56% 4.64% 5.17% 5.92% 6% 6.63% 7.01%
Earnings before Tax (EBT) 1 83.36 84.41 97.32 154.8 181.7 220.6 268 303.7
Net income 1 55.93 59 69.81 113.9 137.8 165.1 200.1 233
Net margin 3.56% 3.78% 3.37% 4.14% 4.49% 4.78% 5.11% 5.2%
EPS 2 2,673 2,809 2,702 4,154 5,024 6,015 7,158 8,446
Free Cash Flow 3 63,753 98,993 195,083 151,357 - 196,420 230,882 307,500
FCF margin 4,055.99% 6,335.18% 9,422.54% 5,494.87% - 5,690.21% 5,897.5% 6,865.85%
FCF Conversion (EBITDA) 49,854.7% 68,573.39% 105,670.95% 59,211.71% - 59,474.78% 62,417.14% 71,338.88%
FCF Conversion (Net income) 113,982.78% 167,793.51% 279,443.8% 132,863.45% - 119,002.7% 115,374.2% 131,974.25%
Dividend per Share 2 710.0 750.0 750.0 1,140 - 1,637 1,756 2,132
Announcement Date 1/31/20 1/27/21 1/28/22 1/31/23 1/26/24 - - -
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 1 553.5 645.6 559.6 630.2 730.5 834.2 666 753.9 745.8 899.4 750.3 844.9 850.1 1,004
EBITDA - - - - - - - - - - - - - -
EBIT 1 24.77 26.27 22.37 28.75 33.28 57.97 30.58 52.72 45.25 52.86 40.92 52.56 51.4 60.51
Operating Margin 4.48% 4.07% 4% 4.56% 4.56% 6.95% 4.59% 6.99% 6.07% 5.88% 5.45% 6.22% 6.05% 6.03%
Earnings before Tax (EBT) 1 27.07 24.78 23.53 31.15 43.17 56.94 36.91 50.82 48.41 45.59 44.02 54.54 55.18 68.36
Net income 1 18.8 19.74 17.28 21.62 31.23 43.8 31.12 37.87 35.71 33.07 32.13 39.94 39.91 50.54
Net margin 3.4% 3.06% 3.09% 3.43% 4.27% 5.25% 4.67% 5.02% 4.79% 3.68% 4.28% 4.73% 4.7% 5.04%
EPS 2 - - - 788.0 - - - 1,381 1,302 - 4,756 - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 10/29/21 1/28/22 4/29/22 7/29/22 10/28/22 1/31/23 5/2/23 7/31/23 10/27/23 1/26/24 - - - -
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 271 182 635 711 - 803 929 1,122
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2 63,753 98,993 195,083 151,357 - 196,420 230,882 307,500
ROE (net income / shareholders' equity) 11.7% 11.1% 7.26% 8% 9.1% 10% 11.1% 12.9%
ROA (Net income/ Total Assets) 6.03% 5.61% 4.08% 4.59% - 6.05% 6.82% 7.27%
Assets 1 927.9 1,052 1,712 2,483 - 2,728 2,933 3,206
Book Value Per Share 3 24,349 26,430 49,873 53,923 - 62,406 68,988 74,149
Cash Flow per Share 3 - 5,506 8,018 7,340 - 10,879 11,811 12,359
Capex 1 16.4 16.6 24.8 49.9 - 111 97.2 100
Capex / Sales 1.05% 1.06% 1.2% 1.81% - 3.22% 2.48% 2.23%
Announcement Date 1/31/20 1/27/21 1/28/22 1/31/23 1/26/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
153,700 KRW
Average target price
200,882 KRW
Spread / Average Target
+30.70%
Consensus
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