Financials Seoul City Gas Co., Ltd.

Equities

A017390

KR7017390006

Natural Gas Utilities

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
56,800 KRW -0.18% Intraday chart for Seoul City Gas Co., Ltd. +0.53% -8.09%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 331,716 274,229 351,525 650,368 1,650,187 239,957
Enterprise Value (EV) 1 34,362 -126,252 -197,787 247,259 1,081,790 -342,164
P/E ratio 8.02 x 9.4 x 2.68 x 78.3 x 93.3 x 11.9 x
Yield 2.05% 2.48% 18.5% 1.04% 0.41% 3.64%
Capitalization / Revenue 0.24 x 0.2 x 0.27 x 0.51 x 0.96 x 0.14 x
EV / Revenue 0.02 x -0.09 x -0.15 x 0.19 x 0.63 x -0.2 x
EV / EBITDA 0.92 x -2.67 x -4.21 x 7.1 x 25.2 x -9.45 x
EV / FCF -0.18 x -0.85 x -2.64 x -5.72 x 22.8 x 6.42 x
FCF Yield -544% -118% -37.8% -17.5% 4.39% 15.6%
Price to Book 0.35 x 0.28 x 0.34 x 0.63 x 1.57 x 0.23 x
Nbr of stocks (in thousands) 3,884 3,884 3,884 3,883 3,883 3,883
Reference price 2 85,400 70,600 90,500 167,500 425,000 61,800
Announcement Date 3/14/19 3/12/20 3/10/21 3/16/22 3/15/23 3/13/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,388,970 1,361,002 1,280,711 1,277,844 1,724,452 1,717,423
EBITDA 1 37,293 47,280 46,939 34,849 42,943 36,205
EBIT 1 4,333 10,444 7,973 -4,940 3,358 -3,244
Operating Margin 0.31% 0.77% 0.62% -0.39% 0.19% -0.19%
Earnings before Tax (EBT) 1 48,920 35,976 188,277 3,893 22,506 26,511
Net income 1 41,382 29,178 131,013 8,305 17,681 20,145
Net margin 2.98% 2.14% 10.23% 0.65% 1.03% 1.17%
EPS 2 10,653 7,512 33,732 2,139 4,554 5,188
Free Cash Flow 1 -186,788 149,161 74,860 -43,224 47,537 -53,282
FCF margin -13.45% 10.96% 5.85% -3.38% 2.76% -3.1%
FCF Conversion (EBITDA) - 315.49% 159.48% - 110.7% -
FCF Conversion (Net income) - 511.2% 57.14% - 268.86% -
Dividend per Share 2 1,750 1,750 16,750 1,750 1,750 2,250
Announcement Date 3/14/19 3/12/20 3/10/21 3/16/22 3/15/23 3/13/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1
Net sales 1 751.1
EBITDA -
EBIT 1 16.32
Operating Margin 2.17%
Earnings before Tax (EBT) 1 26.78
Net income 1 20.55
Net margin 2.74%
EPS 2 5,292
Dividend per Share -
Announcement Date 5/15/23
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 297,354 400,480 549,313 403,109 568,397 582,121
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -186,788 149,161 74,860 -43,224 47,537 -53,282
ROE (net income / shareholders' equity) 4.48% 3.08% 13.1% 0.82% 1.71% 1.94%
ROA (Net income/ Total Assets) 0.19% 0.44% 0.3% -0.18% 0.12% -0.11%
Assets 1 22,272,538 6,598,456 43,039,654 -4,508,501 14,895,735 -18,131,917
Book Value Per Share 2 242,938 248,169 265,409 266,539 270,188 273,495
Cash Flow per Share 2 11,352 6,620 7,937 12,915 12,721 7,559
Capex 1 31,766 38,919 32,194 27,149 25,872 43,279
Capex / Sales 2.29% 2.86% 2.51% 2.12% 1.5% 2.52%
Announcement Date 3/14/19 3/12/20 3/10/21 3/16/22 3/15/23 3/13/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
56,800 KRW
Average target price
470,000 KRW
Spread / Average Target
+727.46%
Consensus

Annual profits - Rate of surprise

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