Financials Myoung Shin Industrial Co.,Ltd

Equities

A009900

KR7009900002

Auto, Truck & Motorcycle Parts

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
14,570 KRW +0.69% Intraday chart for Myoung Shin Industrial Co.,Ltd +5.12% -23.36%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 1,861,567 1,579,351 752,946 997,457 764,490 -
Enterprise Value (EV) 2 1,862 1,579 906.6 997.5 743.5 666.5
P/E ratio - 31.5 x 8.14 x 6.53 x 4.62 x 3.83 x
Yield - - - - - -
Capitalization / Revenue 2.3 x 1.43 x 0.5 x 0.57 x 0.4 x 0.34 x
EV / Revenue 2.3 x 1.43 x 0.6 x 0.57 x 0.39 x 0.3 x
EV / EBITDA - 19.5 x 5.48 x 3.96 x 2.85 x 2.04 x
EV / FCF - -28.6 x 37.3 x - 5.04 x 4.27 x
FCF Yield - -3.49% 2.68% - 19.8% 23.4%
Price to Book - 5.32 x 2.21 x - 1.07 x 0.83 x
Nbr of stocks (in thousands) 40,779 52,470 52,470 52,470 52,470 -
Reference price 3 45,650 30,100 14,350 19,010 14,570 14,570
Announcement Date 3/19/21 3/21/22 2/14/23 2/14/24 - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 809 1,108 1,515 1,737 1,915 2,221
EBITDA 1 - 81.07 165.5 251.9 261 327.3
EBIT 1 66.21 56.48 127.4 206.8 211.3 271.3
Operating Margin 8.18% 5.1% 8.4% 11.9% 11.03% 12.22%
Earnings before Tax (EBT) 1 - 58.19 124.1 199.7 220.5 268.3
Net income 1 - 45.34 91.87 150.3 165.3 199.7
Net margin - 4.09% 6.06% 8.65% 8.63% 8.99%
EPS 2 - 956.0 1,762 2,909 3,151 3,807
Free Cash Flow 3 - -55,154 24,285 - 147,500 156,000
FCF margin - -4,979.08% 1,602.48% - 7,701.95% 7,024.92%
FCF Conversion (EBITDA) - - 14,670.19% - 56,513.41% 47,657.84%
FCF Conversion (Net income) - - 26,433.96% - 89,231.7% 78,130.22%
Dividend per Share - - - - - -
Announcement Date 3/19/21 3/21/22 2/14/23 2/14/24 - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q3 2022 Q4 2023 Q1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 269.7 307.3 318.3 - 465.7 436.7 394.7 441 440.5 459.6 478.8 536.2
EBITDA - - - - - - - - - - - -
EBIT 1 - -9.244 21.76 - 47.06 47.74 40.74 42.2 42.3 51.8 56 61.3
Operating Margin - -3.01% 6.84% - 10.1% 10.93% 10.32% 9.57% 9.6% 11.27% 11.7% 11.43%
Earnings before Tax (EBT) 1 - -13.12 23.84 - 23.84 51.26 41.34 34.48 53.5 51.7 56.7 58.5
Net income 1 18.61 -7.115 - 34.08 16.11 36.6 25.91 - 36.6 65.3 25.9 37.6
Net margin 6.9% -2.32% - - 3.46% 8.38% 6.57% - 8.31% 14.21% 5.41% 7.01%
EPS - - - 649.0 - - - - - - - -
Dividend per Share - - - - - - - - - - - -
Announcement Date 11/12/21 3/21/22 5/13/22 11/11/22 2/14/23 5/12/23 11/10/23 2/14/24 - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt 1 - - 154 - - -
Net Cash position 1 - - - - 21 98
Leverage (Debt/EBITDA) - - 0.9285 x - - -
Free Cash Flow 2 - -55,154 24,285 - 147,500 156,000
ROE (net income / shareholders' equity) - 20.3% 26.8% 32.8% 26.1% 24.5%
ROA (Net income/ Total Assets) - - - - 11.1% 12.8%
Assets 1 - - - - 1,489 1,560
Book Value Per Share 3 - 5,662 6,488 - 13,656 17,463
Cash Flow per Share 3 - 480.0 - - 5,577 6,425
Capex 1 - 77.9 73.4 - 89 86.7
Capex / Sales - 7.04% 4.84% - 4.65% 3.9%
Announcement Date 3/19/21 3/21/22 2/14/23 2/14/24 - -
1KRW in Billions2KRW in Million3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
14,570 KRW
Average target price
23,000 KRW
Spread / Average Target
+57.86%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. A009900 Stock
  4. Financials Myoung Shin Industrial Co.,Ltd