Financials SK oceanplant Co.,Ltd

Equities

A100090

KR7100090000

Shipbuilding

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
12,630 KRW -1.41% Intraday chart for SK oceanplant Co.,Ltd -0.32% -36.12%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 125,491 752,738 782,691 1,070,024 1,170,296 747,640 - -
Enterprise Value (EV) 2 125.5 1,024 980.3 1,187 1,170 870.9 941.3 983.8
P/E ratio -5.66 x 84.8 x -15.2 x 38.4 x 19 x 15.1 x 9.82 x 7.6 x
Yield - - - - - - - -
Capitalization / Revenue - 1.76 x 1.56 x 1.55 x 1.26 x 0.75 x 0.63 x 0.55 x
EV / Revenue - 2.4 x 1.95 x 1.72 x 1.26 x 0.87 x 0.8 x 0.72 x
EV / EBITDA - 21.1 x 21.5 x 14.2 x 12.4 x 9.18 x 6.43 x 5.45 x
EV / FCF - -16.9 x 9.59 x -25 x - 36.3 x 14.8 x -74 x
FCF Yield - -5.93% 10.4% -4% - 2.76% 6.76% -1.35%
Price to Book - 4.46 x 5.57 x 1.61 x - 1.03 x 0.95 x 0.86 x
Nbr of stocks (in thousands) 27,856 35,093 36,574 53,235 59,196 59,196 - -
Reference price 3 4,505 21,450 21,400 20,100 19,770 12,630 12,630 12,630
Announcement Date 3/19/20 2/19/21 3/16/22 2/14/23 1/22/24 - - -
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 - 427.2 503.1 691.8 925.8 995.8 1,183 1,357
EBITDA 1 - 48.43 45.67 83.35 94.21 94.85 146.5 180.6
EBIT 1 - 29.05 26.43 71.94 75.6 75.45 114.8 151.4
Operating Margin - 6.8% 5.25% 10.4% 8.17% 7.58% 9.7% 11.15%
Earnings before Tax (EBT) 1 - 9.174 -81.68 34.8 63.1 61.55 93.73 124.5
Net income 1 -21.84 12.25 -86.81 28.01 57.48 49.4 73.61 96.43
Net margin - 2.87% -17.26% 4.05% 6.21% 4.96% 6.22% 7.1%
EPS 2 -796.0 253.0 -1,404 524.0 1,038 835.5 1,286 1,661
Free Cash Flow 3 - -60,685 102,232 -47,539 - 24,000 63,600 -13,300
FCF margin - -14,204.04% 20,321.94% -6,871.49% - 2,410.07% 5,376.55% -979.86%
FCF Conversion (EBITDA) - - 223,838.51% - - 25,303.11% 43,412.97% -
FCF Conversion (Net income) - - - - - 48,583% 86,396.27% -
Dividend per Share - - - - - - - -
Announcement Date 3/19/20 2/19/21 3/16/22 2/14/23 1/22/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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 1 134.4 171 169.6 184.8 166.5 219.7 257.9 237 211.2 218 268.2 277.8 254.6
EBITDA 1 - - - - - - - - 17.8 30.1 35.4 - -
EBIT 1 6.325 17.07 20.42 21.94 12.51 18.57 30.11 16.38 10.54 13.97 21.57 22.1 20.83
Operating Margin 4.71% 9.98% 12.04% 11.88% 7.51% 8.45% 11.67% 6.91% 4.99% 6.41% 8.04% 7.96% 8.18%
Earnings before Tax (EBT) 1 5.508 12.43 14.1 10.5 -2.235 - 27.23 10.21 10.66 16.5 25.7 20.6 18.7
Net income 1 6.697 8.945 - - -0.204 20.48 21.35 5.724 9.924 7.45 14.9 13.9 12.8
Net margin 4.98% 5.23% - - -0.12% 9.32% 8.28% 2.42% 4.7% 3.42% 5.56% 5% 5.03%
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 11/15/21 5/11/22 8/16/22 11/14/22 2/14/23 5/15/23 8/14/23 11/14/23 1/22/24 - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 271 198 117 - 123 194 236
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 5.604 x 4.326 x 1.409 x - 1.3 x 1.322 x 1.308 x
Free Cash Flow 2 - -60,685 102,232 -47,539 - 24,000 63,600 -13,300
ROE (net income / shareholders' equity) - 5.7% -42% 7.94% 9.04% 7.03% 10.1% 11.6%
ROA (Net income/ Total Assets) - 1.9% -12.4% - - 3.17% 4.18% -
Assets 1 - 644 699.7 - - 1,560 1,761 -
Book Value Per Share 3 - 4,805 3,839 12,493 - 12,286 13,319 14,764
Cash Flow per Share 3 - -1,847 - - - 1,739 2,573 -
Capex 1 - 3.15 35.4 116 - 128 142 157
Capex / Sales - 0.74% 7.04% 16.79% - 12.86% 12.03% 11.53%
Announcement Date 3/19/20 2/19/21 3/16/22 2/14/23 1/22/24 - - -
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
7
Last Close Price
12,630 KRW
Average target price
23,786 KRW
Spread / Average Target
+88.33%
Consensus

Quarterly revenue - Rate of surprise

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