Financials LIG Nex1 Co., Ltd.

Equities

A079550

KR7079550000

Aerospace & Defense

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
169,500 KRW +3.35% Intraday chart for LIG Nex1 Co., Ltd. +4.44% +29.89%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 695,200 660,935 1,495,093 2,009,440 2,844,164 3,694,144 - -
Enterprise Value (EV) 2 1,348 1,259 1,952 2,103 2,844 3,655 3,417 3,025
P/E ratio 218 x 11.4 x 14.2 x 16.3 x - 18.2 x 15 x 11.7 x
Yield 1.9% 1.99% 1.75% 1.63% - 1.15% 1.29% 2.08%
Capitalization / Revenue 0.48 x 0.41 x 0.82 x 0.9 x 1.23 x 1.21 x 1.08 x 0.91 x
EV / Revenue 0.93 x 0.79 x 1.07 x 0.95 x 1.23 x 1.2 x 1 x 0.75 x
EV / EBITDA 18.6 x 10.9 x 12.6 x 9.03 x - 11.6 x 9.29 x 6.18 x
EV / FCF 11.6 x 10.7 x 18.9 x 5.12 x - 22.7 x 14.3 x 9.46 x
FCF Yield 8.6% 9.32% 5.28% 19.5% - 4.41% 6.97% 10.6%
Price to Book 1.1 x 0.99 x 1.98 x 2.17 x - 3.04 x 2.6 x 2.2 x
Nbr of stocks (in thousands) 22,000 21,670 21,794 21,794 21,794 21,794 - -
Reference price 3 31,600 30,500 68,600 92,200 130,500 169,500 169,500 169,500
Announcement Date 2/11/20 2/4/21 2/10/22 2/9/23 1/24/24 - - -
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 1,453 1,600 1,822 2,221 2,309 3,053 3,422 4,046
EBITDA 1 72.42 115.3 154.3 232.8 - 314.3 367.6 489.7
EBIT 1 18.11 63.74 97.2 179.1 186.4 243.9 297.9 416.9
Operating Margin 1.25% 3.98% 5.33% 8.07% 8.07% 7.99% 8.71% 10.31%
Earnings before Tax (EBT) 1 13.76 38.89 129.1 157.8 185 243.7 297.5 403.5
Net income 1 3.185 57.88 105.1 122.9 144 201.9 249 318
Net margin 0.22% 3.62% 5.77% 5.54% 6.24% 6.61% 7.28% 7.86%
EPS 2 145.0 2,664 4,829 5,641 - 9,302 11,328 14,450
Free Cash Flow 3 115,960 117,402 103,006 410,628 - 161,056 238,140 319,667
FCF margin 7,982.65% 7,336.04% 5,652.84% 18,490.51% - 5,274.76% 6,959.19% 7,901.35%
FCF Conversion (EBITDA) 160,119.31% 101,782.99% 66,736.53% 176,402.23% - 51,239.41% 64,782.71% 65,280.39%
FCF Conversion (Net income) 3,640,454.15% 202,830.89% 98,048.59% 334,007.05% - 79,757.81% 95,629.69% 100,524.11%
Dividend per Share 2 600.0 608.0 1,200 1,500 - 1,943 2,184 3,520
Announcement Date 2/11/20 2/4/21 2/10/22 2/9/23 1/24/24 - - -
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 1 458.9 573 427.2 490.3 695.5 607.8 546.8 545.8 536 680 776.1 668 746.7 850.9
EBITDA - - - - - - - - - - - - - -
EBIT 1 35.48 20.12 50.48 47.17 58.34 23.12 68.18 40.22 41.06 36.9 58.63 58.94 70.63 56.89
Operating Margin 7.73% 3.51% 11.82% 9.62% 8.39% 3.8% 12.47% 7.37% 7.66% 5.43% 7.55% 8.82% 9.46% 6.69%
Earnings before Tax (EBT) 1 52.74 22.48 52.42 56.07 98.12 -48.83 76.35 39.56 42.39 26.7 57.37 58.7 73.04 69.14
Net income 1 40.68 22.04 41.73 44.16 75.5 -38.46 59.71 31.61 33.86 49.8 44.27 46.92 55.75 53.4
Net margin 8.87% 3.85% 9.77% 9.01% 10.86% -6.33% 10.92% 5.79% 6.32% 7.32% 5.7% 7.02% 7.47% 6.28%
EPS - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/11/21 2/10/22 4/27/22 8/8/22 10/28/22 2/9/23 4/27/23 7/27/23 10/26/23 1/24/24 - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 653 599 457 93.3 - - - -
Net Cash position 1 - - - - - 39.4 278 669
Leverage (Debt/EBITDA) 9.018 x 5.189 x 2.958 x 0.4006 x - - - -
Free Cash Flow 2 115,960 117,402 103,006 410,628 - 161,056 238,140 319,667
ROE (net income / shareholders' equity) 0.5% 8.86% 14.6% 14.5% 14.7% 17.5% 18.7% 21.8%
ROA (Net income/ Total Assets) 0.14% 2.36% 4.06% 4.4% - 5.84% 6.62% 7.33%
Assets 1 2,320 2,457 2,586 2,795 - 3,457 3,764 4,336
Book Value Per Share 3 28,817 30,953 34,696 42,508 - 55,843 65,206 76,951
Cash Flow per Share 3 6,863 8,842 6,216 20,946 - 13,242 14,775 21,500
Capex 1 35 31.9 32.2 45.9 - 68 69.1 68.8
Capex / Sales 2.41% 2% 1.77% 2.07% - 2.23% 2.02% 1.7%
Announcement Date 2/11/20 2/4/21 2/10/22 2/9/23 1/24/24 - - -
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
18
Last Close Price
169,500 KRW
Average target price
167,667 KRW
Spread / Average Target
-1.08%
Consensus

Quarterly revenue - Rate of surprise

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