Financials iMarketKorea Inc.

Equities

A122900

KR7122900004

Internet Services

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
8,420 KRW +0.36% Intraday chart for iMarketKorea Inc. +0.84% -1.98%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 235,601 343,322 274,998 336,668 317,790 270,279
Enterprise Value (EV) 1 -9,416 81,340 81,433 180,998 162,173 167,003
P/E ratio 19.4 x 21.5 x 13 x 8.82 x 14.3 x 18 x
Yield 6.5% 5.77% 6.86% 1.4% 5.94% 6.98%
Capitalization / Revenue 0.08 x 0.12 x 0.1 x 0.11 x 0.09 x 0.08 x
EV / Revenue -0 x 0.03 x 0.03 x 0.06 x 0.05 x 0.05 x
EV / EBITDA -0.18 x 1.12 x 1.36 x 2.78 x 2.08 x 2.25 x
EV / FCF -0.91 x 0.9 x -41.3 x 4.84 x 2.74 x -51.6 x
FCF Yield -110% 111% -2.42% 20.6% 36.5% -1.94%
Price to Book 0.62 x 0.93 x 0.76 x 0.92 x 0.89 x 0.79 x
Nbr of stocks (in thousands) 34,046 33,012 31,464 31,464 31,464 31,464
Reference price 2 6,920 10,400 8,740 10,700 10,100 8,590
Announcement Date 3/19/19 3/18/20 3/22/21 3/22/22 3/22/23 3/20/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,935,242 2,923,788 2,839,411 3,132,492 3,588,175 3,425,596
EBITDA 1 52,238 72,713 59,807 65,073 77,949 74,128
EBIT 1 36,980 52,060 40,516 45,421 56,299 51,109
Operating Margin 1.26% 1.78% 1.43% 1.45% 1.57% 1.49%
Earnings before Tax (EBT) 1 34,742 42,120 38,771 62,225 37,284 30,488
Net income 1 12,316 16,063 21,360 38,166 22,224 15,128
Net margin 0.42% 0.55% 0.75% 1.22% 0.62% 0.44%
EPS 2 357.2 482.9 672.0 1,213 706.0 476.0
Free Cash Flow 1 10,397 90,149 -1,972 37,359 59,222 -3,238
FCF margin 0.35% 3.08% -0.07% 1.19% 1.65% -0.09%
FCF Conversion (EBITDA) 19.9% 123.98% - 57.41% 75.98% -
FCF Conversion (Net income) 84.42% 561.22% - 97.88% 266.48% -
Dividend per Share 2 450.0 600.0 600.0 150.0 600.0 600.0
Announcement Date 3/19/19 3/18/20 3/22/21 3/22/22 3/22/23 3/20/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1 2023 Q3
Net sales 847.8 -
EBITDA - -
EBIT 13.65 -
Operating Margin 1.61% -
Earnings before Tax (EBT) - -
Net income 1 4.263 2.357
Net margin 0.5% -
EPS 2 - 75.00
Dividend per Share - -
Announcement Date 5/10/23 11/14/23
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 245,017 261,982 193,565 155,670 155,616 103,276
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 10,397 90,149 -1,972 37,359 59,222 -3,238
ROE (net income / shareholders' equity) 4.69% 5.94% 6.83% 10.7% 7.04% 6%
ROA (Net income/ Total Assets) 2.13% 2.99% 2.29% 2.54% 3% 2.46%
Assets 1 576,868 536,915 931,141 1,499,708 740,604 615,354
Book Value Per Share 2 11,148 11,236 11,485 11,569 11,376 10,917
Cash Flow per Share 2 2,561 3,051 2,653 2,076 4,209 5,543
Capex 1 7,377 7,474 4,164 2,525 18,737 75,771
Capex / Sales 0.25% 0.26% 0.15% 0.08% 0.52% 2.21%
Announcement Date 3/19/19 3/18/20 3/22/21 3/22/22 3/22/23 3/20/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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