S-OIL CORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 74,000 KRW | -2.63% |
|
-3.65% | +6.32% |
| Apr. 26 | S-Oil's First-Quarter Earnings Improved Sequentially; Below Expectations | DJ |
| Apr. 26 | Transcript : S-Oil Corporation, Q1 2024 Earnings Call, Apr 26, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 10,937,919 | 7,938,678 | 9,858,659 | 9,596,265 | 8,024,776 | 8,517,646 | - | - |
| Enterprise Value (EV) 2 | 16,763 | 12,667 | 13,468 | 13,242 | 11,887 | 15,096 | 14,659 | 14,021 |
| P/E ratio | 170 x | -10.1 x | 7.24 x | 4.61 x | 8.54 x | 6.35 x | 6.56 x | 6.19 x |
| Yield | 0.21% | - | 4.43% | 3.6% | - | 3.12% | 3.68% | 3.43% |
| Capitalization / Revenue | 0.45 x | 0.47 x | 0.36 x | 0.23 x | 0.22 x | 0.23 x | 0.24 x | 0.24 x |
| EV / Revenue | 0.69 x | 0.75 x | 0.49 x | 0.31 x | 0.33 x | 0.41 x | 0.41 x | 0.39 x |
| EV / EBITDA | 16.9 x | -24 x | 4.82 x | 3.27 x | 5.73 x | 5.56 x | 5.38 x | 4.87 x |
| EV / FCF | -113 x | 11.7 x | 11.2 x | 19.5 x | 24.3 x | 98.2 x | -32.2 x | 52.3 x |
| FCF Yield | -0.88% | 8.56% | 8.95% | 5.14% | 4.11% | 1.02% | -3.11% | 1.91% |
| Price to Book | 1.65 x | 1.37 x | 1.38 x | 1.15 x | - | 0.84 x | 0.76 x | 0.71 x |
| Nbr of stocks (in thousands) | 116,421 | 116,421 | 116,421 | 116,421 | 116,421 | 116,421 | - | - |
| Reference price 3 | 95,300 | 69,200 | 85,700 | 83,400 | 69,600 | 74,000 | 74,000 | 74,000 |
| Announcement Date | 1/31/20 | 1/28/21 | 1/27/22 | 2/1/23 | 2/2/24 | - | - | - |
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 | 24,394 | 16,830 | 27,464 | 42,446 | 35,727 | 36,479 | 35,999 | 36,191 |
| EBITDA 1 | 992 | -527.7 | 2,793 | 4,055 | 2,074 | 2,713 | 2,726 | 2,879 |
| EBIT 1 | 449.2 | -1,099 | 2,306 | 3,408 | 1,419 | 1,840 | 1,933 | 1,938 |
| Operating Margin | 1.84% | -6.53% | 8.4% | 8.03% | 3.97% | 5.04% | 5.37% | 5.36% |
| Earnings before Tax (EBT) 1 | 139.5 | -1,168 | 2,043 | 2,902 | 1,132 | 1,708 | 1,790 | 1,848 |
| Net income 1 | 86.5 | -796.1 | 1,500 | 2,107 | 948.8 | 1,313 | 1,318 | 1,427 |
| Net margin | 0.35% | -4.73% | 5.46% | 4.96% | 2.66% | 3.6% | 3.66% | 3.94% |
| EPS 2 | 561.0 | -6,839 | 11,840 | 18,075 | 8,149 | 11,651 | 11,282 | 11,961 |
| Free Cash Flow 3 | -147,897 | 1,083,872 | 1,205,198 | 680,166 | 488,509 | 153,800 | -455,601 | 267,950 |
| FCF margin | -606.28% | 6,440.24% | 4,388.3% | 1,602.43% | 1,367.33% | 421.61% | -1,265.59% | 740.39% |
| FCF Conversion (EBITDA) | - | - | 43,154.6% | 16,773.44% | 23,556.79% | 5,668.9% | - | 9,307.92% |
| FCF Conversion (Net income) | - | - | 80,341.23% | 32,284.76% | 51,484.43% | 11,709.22% | - | 18,782.8% |
| Dividend per Share 2 | 200.0 | - | 3,800 | 3,000 | - | 2,306 | 2,726 | 2,537 |
| Announcement Date | 1/31/20 | 1/28/21 | 1/27/22 | 2/1/23 | 2/2/24 | - | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2021 S2 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 7,117 | 8,291 | - | 9,287 | 11,442 | 11,123 | 10,594 | 9,078 | 7,820 | 9,000 | 9,830 | 9,308 | 9,517 | 9,301 | 9,201 | 7,553 |
| EBITDA 1 | 711.2 | 569.2 | - | 1,493 | 1,884 | 669.8 | 7.704 | 684.6 | 209.2 | 1,043 | 137 | 628.4 | 638 | 638.7 | 658.7 | 502.2 |
| EBIT 1 | 549.4 | 556.7 | - | 1,332 | 1,722 | 511.7 | -157.5 | 515.7 | 36.42 | 858.9 | 7.57 | 454.1 | 500.1 | 464.2 | 461.4 | 419.1 |
| Operating Margin | 7.72% | 6.71% | - | 14.34% | 15.05% | 4.6% | -1.49% | 5.68% | 0.47% | 9.54% | 0.08% | 4.88% | 5.25% | 4.99% | 5.02% | 5.55% |
| Earnings before Tax (EBT) 1 | 473.1 | 554.4 | - | 1,196 | 1,399 | -26.44 | 332.6 | 354.9 | -33.83 | 737 | 73.64 | 227.2 | 418.7 | 347 | 442.2 | 616.5 |
| Net income 1 | 334.5 | 410.1 | - | 870.8 | 1,014 | -9.593 | 231.3 | 265.3 | -22.43 | 545.4 | 343.4 | 166.2 | 353.3 | 320.4 | 369 | 345.8 |
| Net margin | 4.7% | 4.95% | - | 9.38% | 8.86% | -0.09% | 2.18% | 2.92% | -0.29% | 6.06% | 3.49% | 1.79% | 3.71% | 3.44% | 4.01% | 4.58% |
| EPS 2 | 2,880 | 2,478 | - | 7,486 | 8,712 | -83.00 | 1,966 | 2,279 | -193.0 | 4,685 | 1,378 | 2,444 | 3,044 | 3,232 | 3,014 | 2,035 |
| Dividend per Share 2 | - | 2,800 | 2,800 | - | 2,500 | - | 500.0 | - | 200.0 | - | - | - | 200.0 | - | 2,810 | - |
| Announcement Date | 10/28/21 | 1/27/22 | 1/27/22 | 4/27/22 | 7/28/22 | 10/26/22 | 2/1/23 | 4/27/23 | 7/28/23 | 10/29/23 | 2/2/24 | 4/26/24 | - | - | - | - |
1KRW in Billions2KRW
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 5,825 | 4,728 | 3,609 | 3,645 | 3,862 | 6,578 | 6,142 | 5,503 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 5.872 x | -8.961 x | 1.292 x | 0.899 x | 1.862 x | 2.425 x | 2.253 x | 1.912 x |
| Free Cash Flow 2 | -147,897 | 1,083,872 | 1,205,198 | 680,166 | 488,509 | 153,800 | -455,601 | 267,950 |
| ROE (net income / shareholders' equity) | 1.3% | -12.9% | 23.5% | 27.2% | 11.4% | 15.1% | 14.2% | 11.8% |
| ROA (Net income/ Total Assets) | 0.53% | -4.92% | 8.02% | 5.49% | - | 6.22% | 6.04% | 6.02% |
| Assets 1 | 16,220 | 16,185 | 18,708 | 38,350 | - | 21,127 | 21,812 | 23,710 |
| Book Value Per Share 3 | 57,705 | 50,474 | 62,070 | 72,784 | - | 88,328 | 97,135 | 103,906 |
| Cash Flow per Share 3 | 6,035 | 14,487 | 13,121 | 11,360 | 22,434 | 20,484 | 20,070 | 27,021 |
| Capex 1 | 648 | 547 | 272 | 599 | 2,037 | 3,136 | 2,574 | 2,101 |
| Capex / Sales | 2.66% | 3.25% | 0.99% | 1.41% | 5.7% | 8.6% | 7.15% | 5.8% |
| Announcement Date | 1/31/20 | 1/28/21 | 1/27/22 | 2/1/23 | 2/2/24 | - | - | - |
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
A-
Sell
Buy
Mean consensus
BUY
Number of Analysts
24
Last Close Price
74,000
KRW
Average target price
100,262
KRW
Spread / Average Target
+35.49%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +6.32% | 6.19B | |
| +12.39% | 221B | |
| +12.58% | 107B | |
| +17.36% | 103B | |
| +33.72% | 71.49B | |
| +13.72% | 64.2B | |
| +27.54% | 54.22B | |
| +27.93% | 37.79B | |
| +32.11% | 28.33B | |
| -11.77% | 20.79B |
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- A010950 Stock
- Financials S-Oil Corporation
