HYBE CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 200,500 KRW | +0.30% |
|
+0.25% | -14.13% |
| May. 09 | An unknown buyer agreed to acquire 42.6% stake in HYBE Co., Ltd. from Netmarble Corporation for KRW 220 million. | CI |
| May. 02 | Hybe's Profit More Than Halves in Q1 | MT |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,699,802 | 14,432,332 | 7,174,813 | 9,725,765 | 8,351,245 | - | - |
| Enterprise Value (EV) 2 | 4,945 | 14,661 | 6,615 | 8,798 | 7,814 | 7,386 | 6,934 |
| P/E ratio | 56.6 x | 96.7 x | 137 x | 51.9 x | 30.5 x | 23 x | 19.9 x |
| Yield | - | - | - | 0.3% | 0.55% | 0.66% | 0.7% |
| Capitalization / Revenue | 7.16 x | 11.5 x | 4.04 x | 4.47 x | 3.5 x | 2.92 x | 2.59 x |
| EV / Revenue | 6.21 x | 11.7 x | 3.72 x | 4.04 x | 3.28 x | 2.58 x | 2.15 x |
| EV / EBITDA | 27.4 x | 53.6 x | 20.5 x | 20.8 x | 17.9 x | 13.6 x | 11 x |
| EV / FCF | 64.1 x | 119 x | 20 x | 34 x | 24.8 x | 18.5 x | 14.1 x |
| FCF Yield | 1.56% | 0.84% | 4.99% | 2.94% | 4.03% | 5.41% | 7.07% |
| Price to Book | 4.77 x | 5.13 x | 2.59 x | 3.33 x | 2.59 x | 2.35 x | 2.13 x |
| Nbr of stocks (in thousands) | 35,624 | 41,353 | 41,353 | 41,652 | 41,652 | - | - |
| Reference price 3 | 160,000 | 349,000 | 173,500 | 233,500 | 200,500 | 200,500 | 200,500 |
| Announcement Date | 2/23/21 | 2/22/22 | 2/21/23 | 2/26/24 | - | - | - |
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 | 587.2 | 796.3 | 1,258 | 1,778 | 2,178 | 2,384 | 2,864 | 3,229 |
| EBITDA 1 | - | 180.5 | 273.5 | 322.9 | 423 | 436.5 | 542 | 630.2 |
| EBIT 1 | - | 142.4 | 190.3 | 237.7 | 295.8 | 327.1 | 434.2 | 523.4 |
| Operating Margin | - | 17.88% | 15.13% | 13.37% | 13.58% | 13.72% | 15.16% | 16.21% |
| Earnings before Tax (EBT) 1 | - | 126.2 | 210.8 | 97.2 | 252.9 | 349.1 | 478.8 | 567.5 |
| Net income 1 | - | 85.72 | 136.9 | 33.92 | 190.3 | 253.8 | 353.8 | 411.1 |
| Net margin | - | 10.77% | 10.88% | 1.91% | 8.74% | 10.65% | 12.35% | 12.73% |
| EPS 2 | - | 2,825 | 3,608 | 1,265 | 4,503 | 6,578 | 8,714 | 10,062 |
| Free Cash Flow 3 | - | 77,195 | 123,231 | 330,065 | 258,996 | 314,950 | 399,287 | 490,138 |
| FCF margin | - | 9,694.41% | 9,797.8% | 18,563.63% | 11,890.92% | 13,213.27% | 13,940.78% | 15,180.56% |
| FCF Conversion (EBITDA) | - | 42,776.1% | 45,050.02% | 102,232.18% | 61,228.99% | 72,145.76% | 73,670.41% | 77,780.08% |
| FCF Conversion (Net income) | - | 90,053.98% | 90,015.28% | 972,988.99% | 136,098.82% | 124,079.65% | 112,871.37% | 119,234.56% |
| Dividend per Share 2 | - | - | - | - | 700.0 | 1,107 | 1,324 | 1,404 |
| Announcement Date | 3/31/20 | 2/23/21 | 2/22/22 | 2/21/23 | 2/26/24 | - | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2020 S2 | 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 | 294 | 502.3 | 341 | 459.8 | 285 | 512.2 | 445.5 | 533.5 | 410.6 | 621 | 537.9 | 608.6 | 360.9 | 676.6 | 600.7 | 735.7 |
| EBITDA | - | - | - | - | - | - | - | 75.91 | 72.59 | 105.7 | - | 123.7 | - | - | - | - |
| EBIT 1 | 49.75 | 92.66 | 65.6 | 73.9 | 37 | 88.3 | 60.6 | 50.9 | 52.5 | 81.3 | 72.7 | 89.3 | 14.4 | 97.81 | 87.83 | 124.1 |
| Operating Margin | 16.92% | 18.45% | 19.24% | 16.07% | 12.98% | 17.24% | 13.6% | 9.54% | 12.79% | 13.09% | 13.52% | 14.67% | 3.99% | 14.46% | 14.62% | 16.87% |
| Earnings before Tax (EBT) 1 | 46.94 | 79.31 | 68.1 | 89.7 | 48.5 | 119.6 | 123.5 | -199 | 81.1 | 146.1 | 132.8 | -77.2 | 20.5 | 122.1 | 101.5 | 90.07 |
| Net income 1 | 33.17 | 52.55 | 47.7 | 51.4 | 31.8 | 92.2 | 91.4 | -167.5 | 51.1 | 117.3 | 102.7 | -54 | 10.8 | 87.48 | 77.15 | 87.92 |
| Net margin | 11.28% | 10.46% | 13.99% | 11.18% | 11.16% | 18% | 20.52% | -31.4% | 12.45% | 18.89% | 19.09% | -8.87% | 2.99% | 12.93% | 12.84% | 11.95% |
| EPS 2 | - | - | - | - | 787.0 | - | 2,166 | -4,049 | 587.0 | 2,810 | 2,464 | -1,376 | 492.6 | 3,893 | 1,752 | 2,414 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | 700.0 | - | - | - | - |
| Announcement Date | 9/2/20 | 2/23/21 | 11/4/21 | 2/22/22 | 5/3/22 | 8/3/22 | 11/3/22 | 2/21/23 | 5/2/23 | 8/8/23 | 11/2/23 | 2/26/24 | 5/2/24 | - | - | - |
1KRW in Billions2KRW
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 229 | - | - | - | - | - |
| Net Cash position 1 | - | 755 | - | 560 | 928 | 538 | 965 | 1,417 |
| Leverage (Debt/EBITDA) | - | - | 0.8369 x | - | - | - | - | - |
| Free Cash Flow 2 | - | 77,195 | 123,231 | 330,065 | 258,996 | 314,950 | 399,287 | 490,138 |
| ROE (net income / shareholders' equity) | - | 12.6% | 6.83% | 1.16% | 6.58% | 8.48% | 10.5% | 11.4% |
| ROA (Net income/ Total Assets) | - | 7.55% | 4.11% | 1.09% | 3.67% | 4.73% | 6% | 6.75% |
| Assets 1 | - | 1,135 | 3,329 | 3,112 | 5,191 | 5,371 | 5,891 | 6,088 |
| Book Value Per Share 3 | - | 33,554 | 67,998 | 66,995 | 70,090 | 77,345 | 85,207 | 94,204 |
| Cash Flow per Share 3 | - | 3,845 | 4,676 | 8,393 | 6,777 | 10,333 | 12,480 | 14,825 |
| Capex 1 | - | 39.5 | 54 | 17.1 | 22.7 | 39.7 | 46.7 | 36.7 |
| Capex / Sales | - | 4.96% | 4.3% | 0.96% | 1.04% | 1.66% | 1.63% | 1.14% |
| Announcement Date | 3/31/20 | 2/23/21 | 2/22/22 | 2/21/23 | 2/26/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
25
Last Close Price
200,500
KRW
Average target price
292,960
KRW
Spread / Average Target
+46.11%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -14.13% | 6.1B | |
| +8.52% | 54.95B | |
| +4.74% | 2.59B | |
| -31.59% | 1.68B | |
| +43.24% | 1.57B | |
| -9.66% | 1.41B | |
| -11.04% | 353M | |
| +0.47% | 174M | |
| +29.50% | 171M | |
| -8.16% | 134M |
- Stock Market
- Equities
- A352820 Stock
- Financials HYBE Co., Ltd.