KANGWON LAND, INC. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 15,190 KRW | +0.60% |
|
+3.26% | -5.06% |
| Mar. 20 | Kangwon Land, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Feb. 08 | Kangwon Land's Q4 Profit Jumps Eightfold | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,001,074 | 4,764,366 | 4,875,873 | 4,703,545 | 3,243,824 | 3,079,605 | - | - |
| Enterprise Value (EV) 2 | 4,242 | 3,688 | 3,309 | 5,660 | 2,321 | 1,875 | 1,778 | 1,362 |
| P/E ratio | 17.9 x | -17.3 x | -463 x | 40.7 x | 9.52 x | 11.7 x | 11 x | 11.1 x |
| Yield | 3.04% | 3.83% | - | - | 5.81% | 5.61% | 5.57% | 5.89% |
| Capitalization / Revenue | 3.95 x | 9.96 x | 6.18 x | 3.7 x | 2.34 x | 2.15 x | 2.09 x | 2 x |
| EV / Revenue | 2.79 x | 7.71 x | 4.2 x | 4.45 x | 1.67 x | 1.31 x | 1.21 x | 0.88 x |
| EV / EBITDA | 7.4 x | -10.4 x | 124 x | 19.1 x | 6.4 x | 5.15 x | 4.66 x | 3.39 x |
| EV / FCF | 12.9 x | -5.16 x | 19.7 x | 14.5 x | 8.69 x | 7.41 x | 7.27 x | 5.64 x |
| FCF Yield | 7.74% | -19.4% | 5.08% | 6.9% | 11.5% | 13.5% | 13.8% | 17.7% |
| Price to Book | 1.61 x | 1.47 x | 1.5 x | 1.38 x | 0.88 x | 0.86 x | 0.83 x | 0.79 x |
| Nbr of stocks (in thousands) | 202,739 | 202,739 | 202,739 | 202,739 | 202,739 | 202,739 | - | - |
| Reference price 3 | 29,600 | 23,500 | 24,050 | 23,200 | 16,000 | 15,190 | 15,190 | 15,190 |
| Announcement Date | 2/11/20 | 2/15/21 | 2/10/22 | 2/9/23 | 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 | 1,520 | 478.6 | 788.4 | 1,271 | 1,389 | 1,433 | 1,471 | 1,542 |
| EBITDA 1 | 573.5 | -354.3 | 26.68 | 295.8 | 362.7 | 364.3 | 381.3 | 401.7 |
| EBIT 1 | 502.2 | -431.6 | -52.7 | 217.6 | 285.6 | 295.7 | 320.6 | 332.8 |
| Operating Margin | 33.04% | -90.18% | -6.68% | 17.12% | 20.57% | 20.64% | 21.8% | 21.58% |
| Earnings before Tax (EBT) 1 | 491.5 | -404.5 | -14.16 | 167.9 | 461.3 | 366.5 | 391.8 | 393 |
| Net income 1 | 335.1 | -275.9 | -10.57 | 115.6 | 345.1 | 273.2 | 291.4 | 293.7 |
| Net margin | 22.04% | -57.64% | -1.34% | 9.1% | 24.86% | 19.07% | 19.81% | 19.04% |
| EPS 2 | 1,651 | -1,361 | -52.00 | 570.0 | 1,681 | 1,299 | 1,385 | 1,372 |
| Free Cash Flow 3 | 328,312 | -714,640 | 167,938 | 390,728 | 267,002 | 253,050 | 244,450 | 241,667 |
| FCF margin | 21,598.31% | -149,325.31% | 21,300.21% | 30,749.38% | 19,228.73% | 17,662.12% | 16,620.03% | 15,672.07% |
| FCF Conversion (EBITDA) | 57,248.8% | - | 629,376.17% | 132,109.37% | 73,605.34% | 69,461.08% | 64,107.9% | 60,161.52% |
| FCF Conversion (Net income) | 97,983.87% | - | - | 337,950.41% | 77,358.76% | 92,618.16% | 83,880.62% | 82,292.85% |
| Dividend per Share 2 | 900.0 | 900.0 | - | - | 930.0 | 851.6 | 845.5 | 894.0 |
| Announcement Date | 2/11/20 | 2/15/21 | 2/10/22 | 2/9/23 | 2/7/24 | - | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 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 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 270.6 | 245.2 | 242.1 | 226.9 | 311.5 | 397.6 | 334.7 | 358.1 | 331.1 | 374 | 325.3 | 356.4 | 336 | 385.8 | 343.3 | 355.5 |
| EBITDA 1 | - | - | - | - | - | - | - | - | 122.3 | 113.5 | - | 83.82 | 97.28 | 114.3 | 77.11 | - |
| EBIT 1 | -290.6 | 24.27 | -20.05 | 10.53 | 69.95 | 118.7 | 18.37 | 69.69 | 82.04 | 91.78 | 42.05 | 67.9 | 72.59 | 91.15 | 58.19 | 66.55 |
| Operating Margin | -107.37% | 9.9% | -8.28% | 4.64% | 22.45% | 29.86% | 5.49% | 19.46% | 24.78% | 24.54% | 12.93% | 19.05% | 21.6% | 23.63% | 16.95% | 18.72% |
| Earnings before Tax (EBT) 1 | - | 28.35 | -15.17 | -7.236 | 49.19 | 99.8 | 26.1 | 136.8 | 121.2 | 97.78 | 105.5 | 77.6 | 88 | 121 | 71 | - |
| Net income 1 | - | 20.42 | -11 | -5.845 | 37.55 | 74.7 | 9.218 | 101.5 | 89.48 | 73.76 | 77.99 | 56.8 | 62.6 | 80.7 | 59.15 | 61.06 |
| Net margin | - | 8.32% | -4.54% | -2.58% | 12.05% | 18.79% | 2.75% | 28.35% | 27.02% | 19.72% | 23.97% | 15.94% | 18.63% | 20.92% | 17.23% | 17.17% |
| EPS 2 | - | 101.0 | -54.00 | - | 185.0 | 368.0 | 45.00 | - | 451.0 | 366.0 | 363.0 | 314.6 | 305.3 | 380.3 | 246.0 | 301.2 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | 930.0 | - | - | - | 798.9 | - |
| Announcement Date | 8/11/20 | 11/9/21 | 2/10/22 | 5/11/22 | 8/12/22 | 11/10/22 | 2/9/23 | 5/10/23 | 8/7/23 | 11/8/23 | 2/7/24 | - | - | - | - | - |
1KRW in Billions2KRW
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 956 | - | - | - | - |
| Net Cash position 1 | 1,759 | 1,077 | 1,567 | - | 923 | 1,204 | 1,302 | 1,718 |
| Leverage (Debt/EBITDA) | - | - | - | 3.233 x | - | - | - | - |
| Free Cash Flow 2 | 328,312 | -714,640 | 167,938 | 390,728 | 267,002 | 253,050 | 244,450 | 241,667 |
| ROE (net income / shareholders' equity) | 9.16% | -7.92% | -0.33% | 3.47% | 9.61% | 7.31% | 7.58% | 7.13% |
| ROA (Net income/ Total Assets) | 7.72% | -6.83% | -0.28% | 2.89% | 7.91% | 5.69% | 5.87% | 6.47% |
| Assets 1 | 4,340 | 4,040 | 3,734 | 3,998 | 4,362 | 4,801 | 4,964 | 4,541 |
| Book Value Per Share 3 | 18,337 | 16,016 | 16,044 | 16,846 | 18,141 | 17,675 | 18,301 | 19,112 |
| Cash Flow per Share 3 | 2,012 | -3,234 | 1,040 | 2,072 | 1,666 | 1,419 | 1,512 | 1,376 |
| Capex 1 | 79.6 | 26.4 | 16.4 | 29.4 | 70.8 | 65.4 | 79.9 | 97.5 |
| Capex / Sales | 5.23% | 5.52% | 2.08% | 2.32% | 5.1% | 4.57% | 5.43% | 6.32% |
| Announcement Date | 2/11/20 | 2/15/21 | 2/10/22 | 2/9/23 | 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
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
15,190
KRW
Average target price
19,375
KRW
Spread / Average Target
+27.55%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -5.06% | 2.22B | |
| -7.04% | 33.86B | |
| -6.82% | 13.03B | |
| +6.25% | 10.74B | |
| -7.50% | 8.15B | |
| +19.84% | 2.59B | |
| +7.72% | 2B | |
| 0.00% | 1.53B | |
| +14.81% | 1.37B | |
| -0.30% | 1.28B |
- Stock Market
- Equities
- A035250 Stock
- Financials Kangwon Land, Inc.
