Financials Korea Circuit Co., Ltd.

Equities

A007810

KR7007810005

Semiconductors

End-of-day quote Korea S.E. 06:00:00 2024-05-21 pm EDT 5-day change 1st Jan Change
16,000 KRW -0.93% Intraday chart for Korea Circuit Co., Ltd. -2.50% -19.96%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 297,530 380,817 770,595 310,040 499,460 404,087 - -
Enterprise Value (EV) 2 211.6 291.6 632.9 363.5 591.6 585.1 598.1 553.1
P/E ratio 478 x 35.3 x 15.2 x 4.92 x -14.9 x 6.92 x 3.09 x 2.04 x
Yield - - - - - - - -
Capitalization / Revenue 0.55 x 0.42 x 0.54 x 0.19 x 0.37 x 0.28 x 0.25 x 0.24 x
EV / Revenue 0.39 x 0.32 x 0.44 x 0.23 x 0.44 x 0.4 x 0.37 x 0.32 x
EV / EBITDA 5.71 x 6.99 x 5.23 x 2.36 x 9.18 x 6.36 x 3.71 x 3.12 x
EV / FCF 4.78 x -39.2 x 38.6 x -3.72 x -24.4 x 26.6 x 5.78 x 4.77 x
FCF Yield 20.9% -2.55% 2.59% -26.9% -4.1% 3.76% 17.3% 21%
Price to Book 0.85 x 1.03 x 2.1 x 0.69 x 1.27 x 1.01 x 0.8 x 0.65 x
Nbr of stocks (in thousands) 27,369 27,369 27,369 27,369 27,369 27,369 - -
Reference price 3 11,950 14,900 31,200 12,000 19,990 16,000 16,000 16,000
Announcement Date 2/21/20 2/26/21 2/25/22 3/10/23 1/31/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 543.4 902.1 1,424 1,597 1,332 1,453 1,614 1,712
EBITDA 1 37.05 41.71 120.9 154 64.45 92 161 177
EBIT 1 13.86 13.4 85.11 100.3 -32.01 -1.9 88.65 113
Operating Margin 2.55% 1.49% 5.98% 6.28% -2.4% -0.13% 5.49% 6.6%
Earnings before Tax (EBT) 1 7.827 3.383 89.48 99.53 -26.45 11.9 88.55 117
Net income 1 0.6883 11.57 56.2 83.84 -25.11 42 95 143
Net margin 0.13% 1.28% 3.95% 5.25% -1.88% 2.89% 5.88% 8.35%
EPS 2 25.00 422.0 2,053 2,438 -1,338 2,311 5,182 7,857
Free Cash Flow 3 44,267 -7,447 16,396 -97,829 -24,243 22,000 103,500 116,000
FCF margin 8,145.97% -825.48% 1,151.3% -6,126.25% -1,819.41% 1,514% 6,411.05% 6,773.72%
FCF Conversion (EBITDA) 119,482.62% - 13,560.9% - - 23,913.04% 64,285.71% 65,536.72%
FCF Conversion (Net income) 6,431,744.94% - 29,176.1% - - 52,380.95% 108,947.37% 81,118.88%
Dividend per Share - - - - - - - -
Announcement Date 2/21/20 2/26/21 2/25/22 3/10/23 1/31/24 - - -
1KRW in Billions2KRW3KRW in Million
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 1 405.9 415.4 410.8 397.4 434.2 354.4 336.7 332.8 350.3 312.5 354.9 361.7 373.7 362.9
EBITDA - - - - - - - - - - - - - -
EBIT 1 35.84 41.41 31.17 33.09 39.76 -3.764 -14.64 -7.485 -1.073 -8.902 -9.066 -3 4 6.1
Operating Margin 8.83% 9.97% 7.59% 8.32% 9.16% -1.06% -4.35% -2.25% -0.31% -2.85% -2.55% -0.83% 1.07% 1.68%
Earnings before Tax (EBT) 40.27 38.98 33.83 33.4 47.19 -14.88 -12.82 2.697 4.27 -20.6 - 0.7 7.8 10
Net income 23.12 - 20.31 - - - - - -2.314 - - - - -
Net margin 5.7% - 4.94% - - - - - -0.66% - - - - -
EPS - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/15/21 2/25/22 5/16/22 8/16/22 11/14/22 3/10/23 5/15/23 8/14/23 11/14/23 1/31/24 5/16/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 53.5 92.1 181 194 149
Net Cash position 1 85.9 89.2 138 - - - - -
Leverage (Debt/EBITDA) - - - 0.3472 x 1.429 x 1.967 x 1.205 x 0.8418 x
Free Cash Flow 2 44,267 -7,447 16,396 -97,829 -24,243 22,000 103,500 116,000
ROE (net income / shareholders' equity) 0.55% 3.39% 11.9% 15.5% -3.43% 11.9% 17.3% 19.4%
ROA (Net income/ Total Assets) 0.43% 1.65% 5.66% 5.82% -2.23% 4.2% 6.85% 8.15%
Assets 1 158.5 701.2 993.2 1,440 1,124 1,000 1,387 1,755
Book Value Per Share 3 14,100 14,521 14,860 17,437 15,784 15,867 20,097 24,655
Cash Flow per Share 3 1,715 798.0 2,830 6,460 2,246 3,903 6,304 6,516
Capex 1 2.94 26.3 50.4 250 77.3 69 40.5 45
Capex / Sales 0.54% 2.91% 3.54% 15.68% 5.8% 4.75% 2.51% 2.63%
Announcement Date 2/21/20 2/26/21 2/25/22 3/10/23 1/31/24 - - -
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
2
Last Close Price
16,000 KRW
Average target price
19,500 KRW
Spread / Average Target
+21.88%
Consensus

Quarterly revenue - Rate of surprise

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