Financials Solus Advanced Materials Co., Ltd. Korea S.E.

Equities

A33637K

KR733637K010

Electronic Equipment & Parts

End-of-day quote Korea S.E. 06:00:00 2024-06-04 pm EDT 5-day change 1st Jan Change
3,210 KRW -0.31% Intraday chart for Solus Advanced Materials Co., Ltd. -1.83% -4.46%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 622,502 1,632,940 2,898,762 1,135,718 999,815 1,273,957 - -
Enterprise Value (EV) 2 720.3 1,562 3,023 1,151 1,012 1,726 1,942 2,074
P/E ratio 44.8 x -178 x 298 x -129 x 12.9 x -517 x 140 x 92.1 x
Yield - - 0.01% 0.34% - 0.39% 0.41% 0.48%
Capitalization / Revenue 2.22 x 5.63 x 7.6 x 2.46 x 2.33 x 2.12 x 1.53 x 1.18 x
EV / Revenue 2.57 x 5.38 x 7.93 x 2.49 x 2.36 x 2.88 x 2.33 x 1.92 x
EV / EBITDA 13.1 x 31.2 x 80.4 x 912 x -66.6 x 35.7 x 15.7 x 14.9 x
EV / FCF - -7.71 x -11 x -2.63 x -4.46 x -8.51 x -10.8 x -12 x
FCF Yield - -13% -9.06% -38% -22.4% -11.8% -9.24% -8.32%
Price to Book 5.49 x 5.19 x 9.04 x 1.8 x 0.88 x 1.97 x 2.06 x 1.9 x
Nbr of stocks (in thousands) 61,180 75,899 75,899 90,897 90,897 90,890 - -
Reference price 3 10,175 24,775 44,650 15,000 13,250 17,200 17,200 17,200
Announcement Date 3/17/20 2/8/21 3/16/22 2/8/23 2/7/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 280 290.2 381.2 461.2 429.4 599.7 833 1,078
EBITDA 1 55.09 50 37.6 1.261 -15.2 48.38 124 139.6
EBIT 1 40.72 30.39 2.04 -45.21 -73.4 -22.46 48.06 55.96
Operating Margin 14.54% 10.47% 0.54% -9.8% -17.09% -3.75% 5.77% 5.19%
Earnings before Tax (EBT) 1 27.4 -2.277 0.6067 -36.74 188.1 -34.63 33.68 40.37
Net income 1 17.23 -11.49 11.87 -13.4 126.7 1.033 27.68 23.2
Net margin 6.15% -3.96% 3.12% -2.91% 29.51% 0.17% 3.32% 2.15%
EPS 2 227.3 -139.5 150.0 -116.0 1,026 -33.25 123.0 186.7
Free Cash Flow 3 - -202,692 -274,010 -437,041 -227,088 -202,900 -179,480 -172,500
FCF margin - -69,854.32% -71,887.17% -94,757.65% -52,882.3% -33,835.04% -21,545.92% -16,004.96%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - 5.000 50.50 - 67.14 70.00 82.00
Announcement Date 3/17/20 2/8/21 3/16/22 2/8/23 2/7/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 95.71 123.6 125.4 105.6 109.1 112.8 101.1 111.2 104.3 121.3 136.8 161.2 181.6
EBITDA - -2.411 4.4 -9.121 -2.648 - - - - - - - -
EBIT 1 -4.17 -2.4 -7 -19.6 -15.6 -19 -23.8 -20.4 -10.2 -14 -8.85 -3.8 4.575
Operating Margin -4.36% -1.94% -5.58% -18.56% -14.3% -16.84% -23.54% -18.35% -9.78% -11.54% -6.47% -2.36% 2.52%
Earnings before Tax (EBT) 1 -5.126 - 6.1 -14.8 -26.9 - -30.15 293.9 -53.4 -7.3 -10.3 -7.1 -1.9
Net income 1 1.676 0.1 4.6 -9.7 -9.8 -11.2 -13.19 227.3 -20.8 1.7 -1.6 0.7 5.25
Net margin 1.75% 0.08% 3.67% -9.19% -8.98% -9.93% -13.05% 204.39% -19.94% 1.4% -1.17% 0.43% 2.89%
EPS - 1.000 58.00 -101.5 -73.50 - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 3/16/22 4/21/22 7/20/22 10/28/22 2/8/23 4/25/23 7/26/23 10/27/23 2/7/24 4/24/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 97.8 - 124 14.9 12.7 452 668 800
Net Cash position 1 - 71.1 - - - - - -
Leverage (Debt/EBITDA) 1.776 x - 3.298 x 11.82 x -0.8335 x 9.349 x 5.387 x 5.731 x
Free Cash Flow 2 - -202,692 -274,010 -437,041 -227,088 -202,900 -179,480 -172,500
ROE (net income / shareholders' equity) 25.6% -3.64% 0.02% -7.07% 12.8% -0.94% 1.95% 0.8%
ROA (Net income/ Total Assets) 7.27% -1.72% 1.28% -1.08% 8% -1.63% 1.11% 0.68%
Assets 1 237 668 926.4 1,237 1,583 -63.54 2,496 3,430
Book Value Per Share 3 1,853 4,775 4,942 8,341 15,071 8,710 8,340 9,067
Cash Flow per Share 3 - -389.0 -530.0 -1,626 249.0 539.0 1,602 1,073
Capex 1 - 172 232 329 245 373 322 263
Capex / Sales - 59.25% 60.88% 71.31% 56.96% 62.21% 38.6% 24.38%
Announcement Date 3/17/20 2/8/21 3/16/22 2/8/23 2/7/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
17,200 KRW
Average target price
18,389 KRW
Spread / Average Target
+6.91%
Consensus
  1. Stock Market
  2. Equities
  3. A336370 Stock
  4. A33637K Stock
  5. Financials Solus Advanced Materials Co., Ltd.