Financials Iljin Electric Co.,Ltd

Equities

A103590

KR7103590006

Electrical Components & Equipment

End-of-day quote Korea S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
20,800 KRW -4.15% Intraday chart for Iljin Electric Co.,Ltd -7.14% +95.49%

Valuation

Fiscal Period: December 2021 2023 2024 2025 2026
Capitalization 1 189,439 394,449 991,687 - -
Enterprise Value (EV) 2 189.4 394.4 1,097 991.7 991.7
P/E ratio 12.7 x - 26.5 x 14.3 x 12.6 x
Yield - - 0.79% 0.99% 0.99%
Capitalization / Revenue - 0.32 x 0.74 x 0.67 x 0.62 x
EV / Revenue - 0.32 x 0.82 x 0.67 x 0.62 x
EV / EBITDA - - 12.3 x 7.81 x 6.98 x
EV / FCF - - 366 x 12.6 x 9.82 x
FCF Yield - - 0.27% 7.97% 10.2%
Price to Book - - 2.36 x 2.16 x 1.87 x
Nbr of stocks (in thousands) 37,072 37,072 47,677 - -
Reference price 3 5,110 10,640 20,800 20,800 20,800
Announcement Date 3/17/22 3/13/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2023 2024 2025 2026
Net sales 1 - 1,247 1,344 1,470 1,609
EBITDA 1 - - 89.5 127 142
EBIT 1 - 60.76 71.55 110 124
Operating Margin - 4.87% 5.33% 7.48% 7.71%
Earnings before Tax (EBT) 1 - - 48 89 101
Net income 1 14.95 - 37 70 79
Net margin - - 2.75% 4.76% 4.91%
EPS 2 403.0 - 784.0 1,459 1,656
Free Cash Flow 3 - - 3,000 79,000 101,000
FCF margin - - 223.3% 5,374.15% 6,277.19%
FCF Conversion (EBITDA) - - 3,351.96% 62,204.72% 71,126.76%
FCF Conversion (Net income) - - 8,108.11% 112,857.14% 127,848.1%
Dividend per Share 2 - - 164.0 206.0 206.0
Announcement Date 3/17/22 3/13/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 306.7 262.1 312 333 314 385
EBITDA - - - - - - -
EBIT 1 - 3.715 8.532 11 19 8 30
Operating Margin - 1.21% 3.26% 3.53% 5.71% 2.55% 7.79%
Earnings before Tax (EBT) - - - - - - -
Net income 1 11.28 - - 5 11 2 19
Net margin - - - 1.6% 3.3% 0.64% 4.94%
EPS 304.0 - - - - - -
Dividend per Share - - - - - - -
Announcement Date 5/16/22 8/16/22 11/14/22 - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2023 2024 2025 2026
Net Debt 1 - - 105 - -
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) - - 1.173 x - -
Free Cash Flow 2 - - 3,000 79,000 101,000
ROE (net income / shareholders' equity) - - 12% 16.6% 16%
ROA (Net income/ Total Assets) - - 5.1% 6.7% 6.9%
Assets 1 - - 725.5 1,045 1,145
Book Value Per Share 3 - - 8,823 9,651 11,101
Cash Flow per Share 3 - - 1,086 1,826 2,035
Capex 1 - - 62.5 13 -
Capex / Sales - - 4.65% 0.88% -
Announcement Date 3/17/22 3/13/24 - - -
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

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
20,800 KRW
Average target price
25,000 KRW
Spread / Average Target
+20.19%
Consensus

Quarterly revenue - Rate of surprise

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