Financials NOROO PAINT & COATINGS Co., Ltd.

Equities

A090350

KR7090350000

Commodity Chemicals

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
9,280 KRW -0.11% Intraday chart for NOROO PAINT & COATINGS Co., Ltd. +3.11% +0.32%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 168,430 169,044 204,313 307,772 161,886 193,174
Enterprise Value (EV) 1 279,991 244,000 262,626 365,406 196,644 185,209
P/E ratio 13.2 x 9.03 x 11.5 x 21.6 x 14 x 6.79 x
Yield 3.04% 3.37% 2.77% 1.85% 3.55% 3.51%
Capitalization / Revenue 0.27 x 0.26 x 0.32 x 0.42 x 0.21 x 0.25 x
EV / Revenue 0.46 x 0.38 x 0.41 x 0.5 x 0.26 x 0.24 x
EV / EBITDA 7.8 x 5.56 x 5.52 x 9.12 x 4.79 x 3.25 x
EV / FCF 85 x 7.07 x 14.7 x 32.4 x 7.06 x 4.8 x
FCF Yield 1.18% 14.1% 6.8% 3.08% 14.2% 20.8%
Price to Book 0.01 x 0.52 x 0.61 x 0.88 x 0.45 x 0.51 x
Nbr of stocks (in thousands) 20,463 20,463 20,463 20,463 20,463 20,463
Reference price 2 8,230 8,150 9,910 14,900 7,740 9,250
Announcement Date 3/13/19 3/12/20 3/18/21 3/17/22 3/16/23 3/21/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 614,726 647,452 642,935 730,932 753,255 780,507
EBITDA 1 35,891 43,914 47,608 40,078 41,021 56,933
EBIT 1 22,621 29,168 32,184 25,110 26,072 42,101
Operating Margin 3.68% 4.5% 5.01% 3.44% 3.46% 5.39%
Earnings before Tax (EBT) 1 19,141 26,710 27,727 24,019 17,780 37,340
Net income 1 12,742 18,900 17,981 14,446 11,548 27,867
Net margin 2.07% 2.92% 2.8% 1.98% 1.53% 3.57%
EPS 2 622.6 902.6 858.7 689.9 551.5 1,362
Free Cash Flow 1 3,296 34,491 17,864 11,264 27,858 38,570
FCF margin 0.54% 5.33% 2.78% 1.54% 3.7% 4.94%
FCF Conversion (EBITDA) 9.18% 78.54% 37.52% 28.11% 67.91% 67.75%
FCF Conversion (Net income) 25.86% 182.5% 99.35% 77.98% 241.23% 138.41%
Dividend per Share 2 250.0 275.0 275.0 275.0 275.0 325.0
Announcement Date 3/13/19 3/12/20 3/18/21 3/17/22 3/16/23 3/21/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 111,561 74,956 58,313 57,634 34,758 -
Net Cash position 1 - - - - - 7,965
Leverage (Debt/EBITDA) 3.108 x 1.707 x 1.225 x 1.438 x 0.8473 x -
Free Cash Flow 1 3,296 34,491 17,864 11,264 27,858 38,570
ROE (net income / shareholders' equity) 4.2% 6% 5.48% 4.26% 3.31% 8.19%
ROA (Net income/ Total Assets) 2.36% 2.95% 3.11% 2.35% 2.43% 3.94%
Assets 1 540,424 640,084 578,387 615,472 474,417 707,866
Book Value Per Share 2 664,127 15,742 16,304 16,848 17,223 18,279
Cash Flow per Share 2 16,258 1,296 3,053 2,783 3,297 4,359
Capex 1 9,803 13,342 13,690 9,911 11,680 12,121
Capex / Sales 1.59% 2.06% 2.13% 1.36% 1.55% 1.55%
Announcement Date 3/13/19 3/12/20 3/18/21 3/17/22 3/16/23 3/21/24
1KRW in Million2KRW
Estimates
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