Financials SHINSEGAE FOOD Inc.

Equities

A031440

KR7031440001

Food Retail & Distribution

End-of-day quote Korea S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
36,150 KRW +2.55% Intraday chart for SHINSEGAE FOOD Inc. +7.91% -8.37%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 272,222 252,861 317,141 186,064 152,762 139,983 -
Enterprise Value (EV) 1 272,425 253,068 317,705 186,064 152,762 139,983 139,983
P/E ratio 62.5 x -11.5 x 131 x -34.6 x 14.4 x 7.75 x 7.46 x
Yield 1.07% 1.15% 0.92% 1.56% 1.9% 2.07% 2.07%
Capitalization / Revenue 0.21 x 0.2 x 0.24 x 0.13 x 0.1 x 0.09 x 0.09 x
EV / Revenue 0.21 x 0.2 x 0.24 x 0.13 x 0.1 x 0.09 x 0.09 x
EV / EBITDA 3,639,617,942 x 3,816,321,406 x 3,812,873,495 x 2,570,863,644 x - - -
EV / FCF -6,715,967 x 7,764,800 x 9,880,605 x - - - -
FCF Yield -0% 0% 0% - - - -
Price to Book 0.86 x 0.89 x 1.11 x 0.64 x 0.53 x 0.47 x 0.46 x
Nbr of stocks (in thousands) 3,872 3,872 3,872 3,872 3,872 3,872 -
Reference price 2 70,300 65,300 81,900 48,050 39,450 36,150 36,150
Announcement Date 2/4/20 2/9/21 2/8/22 2/10/23 2/6/24 - -
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 1,320 1,240 1,333 1,411 1,489 1,564 1,609
EBITDA 74.79 66.26 83.18 72.37 - - -
EBIT 1 22.16 7.741 29.3 20.58 26.42 33.5 34
Operating Margin 1.68% 0.62% 2.2% 1.46% 1.77% 2.14% 2.11%
Earnings before Tax (EBT) 1 4.567 -26.85 4.588 -4.859 14.92 24 25
Net income 1 4.353 -21.98 2.417 -5.384 10.64 18 19
Net margin 0.33% -1.77% 0.18% -0.38% 0.71% 1.15% 1.18%
EPS 2 1,124 -5,677 624.0 -1,390 2,749 4,663 4,845
Free Cash Flow -40,534 32,565 32,097 - - - -
FCF margin -3,070.48% 2,625.68% 2,408.1% - - - -
FCF Conversion (EBITDA) - 49,149% 38,589.48% - - - -
FCF Conversion (Net income) - - 1,327,947.59% - - - -
Dividend per Share 2 750.0 750.0 750.0 750.0 750.0 750.0 750.0
Announcement Date 2/4/20 2/9/21 2/8/22 2/10/23 2/6/24 - -
1KRW in Billions2KRW
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 1 343.2 337.3 323.9 353.7 373.2 360.4 - 370 393 376.6 361.8 406.7 405 390.5
EBITDA - - - - - - - - - - - - - -
EBIT 1 6.367 9.632 3.93 8.544 4.287 3.817 - 8.003 7.784 6.072 5.6 9.1 9.3 9.5
Operating Margin 1.86% 2.86% 1.21% 2.42% 1.15% 1.06% - 2.16% 1.98% 1.61% 1.55% 2.24% 2.3% 2.43%
Earnings before Tax (EBT) 1 4.459 -11.68 - 8.079 - - - - - - 5.5 - - -
Net income 3.36 -9.726 - - - - 1.636 - - - - - - -
Net margin 0.98% -2.88% - - - - - - - - - - - -
EPS - - - - - - 422.0 - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/5/21 2/8/22 5/4/22 8/3/22 11/14/22 2/10/23 5/15/23 8/8/23 11/3/23 2/6/24 - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 203 208 564 - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) 2.711 x 3.135 x 6.781 x - - - -
Free Cash Flow -40,534 32,565 32,097 - - - -
ROE (net income / shareholders' equity) 1.38% -7.35% 0.85% -1.87% 3.66% 6.2% 6.3%
ROA (Net income/ Total Assets) 0.64% -2.71% 0.27% - - - -
Assets 1 679.1 810.2 883.4 - - - -
Book Value Per Share 2 81,368 73,156 73,553 75,425 74,863 76,211 77,745
Cash Flow per Share 2 7,425 16,927 18,804 5,406 22,927 19,033 17,422
Capex 1 69.3 33 40.7 42 39.3 33 33
Capex / Sales 5.25% 2.66% 3.05% 2.98% 2.64% 2.11% 2.05%
Announcement Date 2/4/20 2/9/21 2/8/22 2/10/23 2/6/24 - -
1KRW in Billions2KRW
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
OUTPERFORM
Number of Analysts
1
Last Close Price
36,150 KRW
Average target price
63,000 KRW
Spread / Average Target
+74.27%
Consensus

Quarterly revenue - Rate of surprise

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