Financials Samsung Electro-Mechanics Co., Ltd.

Equities

A009150

KR7009150004

Electronic Equipment & Parts

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
146,200 KRW +1.18% Intraday chart for Samsung Electro-Mechanics Co., Ltd. +2.31% -4.57%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,229,390 13,202,290 14,656,628 9,669,155 11,340,133 10,833,560 - -
Enterprise Value (EV) 2 10,388 13,575 14,148 9,431 11,202 10,396 9,939 9,430
P/E ratio 18.4 x 22.3 x 16.7 x 10.1 x 27.1 x 17.6 x 13.3 x 11.1 x
Yield 0.88% 0.79% 1.06% 1.61% 0.75% 1.17% 1.27% 1.31%
Capitalization / Revenue 1.15 x 1.61 x 1.51 x 1.03 x 1.27 x 1.1 x 1.02 x 0.94 x
EV / Revenue 1.29 x 1.65 x 1.46 x 1 x 1.26 x 1.06 x 0.93 x 0.82 x
EV / EBITDA 6.48 x 8.23 x 6.01 x 4.57 x 7.59 x 5.87 x 4.78 x 4.09 x
EV / FCF -19.7 x 16.3 x 15.9 x 33.8 x -381 x 19.6 x 15 x 12.2 x
FCF Yield -5.07% 6.12% 6.27% 2.96% -0.26% 5.1% 6.67% 8.22%
Price to Book 1.89 x 2.24 x 2.28 x 1.26 x 1.42 x 1.34 x 1.25 x 1.15 x
Nbr of stocks (in thousands) 75,547 75,547 75,547 75,547 75,547 75,547 - -
Reference price 3 125,000 178,000 197,500 130,500 153,200 146,200 146,200 146,200
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 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 8,041 8,209 9,675 9,425 8,909 9,828 10,657 11,500
EBITDA 1 1,604 1,650 2,353 2,062 1,476 1,772 2,078 2,307
EBIT 1 734 829.1 1,487 1,183 639.4 857.7 1,143 1,294
Operating Margin 9.13% 10.1% 15.37% 12.55% 7.18% 8.73% 10.73% 11.26%
Earnings before Tax (EBT) 1 690.6 782.9 1,491 1,187 543.2 831.8 1,097 1,289
Net income 1 514.3 604 892.4 980.6 423 629.9 833.7 1,000
Net margin 6.4% 7.36% 9.22% 10.4% 4.75% 6.41% 7.82% 8.7%
EPS 2 6,806 7,993 11,811 12,977 5,647 8,299 10,995 13,225
Free Cash Flow 3 -526,701 831,409 887,007 278,828 -29,418 530,236 663,385 775,200
FCF margin -6,550.35% 10,128.34% 9,168% 2,958.51% -330.18% 5,395.27% 6,225.1% 6,741.09%
FCF Conversion (EBITDA) - 50,381.73% 37,692.04% 13,524.6% - 29,921.77% 31,928.27% 33,595.89%
FCF Conversion (Net income) - 137,659.14% 99,390.67% 28,434.42% - 84,181.01% 79,575.17% 77,523.2%
Dividend per Share 2 1,100 1,400 2,100 2,100 1,150 1,707 1,850 1,915
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 2025 Q1
Net sales 1 - 2,689 2,430 2,617 2,456 2,384 1,968 2,022 2,221 2,361 2,306 2,427 2,380 2,539 2,472 2,638
EBITDA 1 - 676.3 582.6 630.5 581.4 532.1 317.6 361.9 417.2 392.5 298.2 383.2 405.6 473.9 463.1 520.2
EBIT 1 829.1 457.8 316.2 410.5 360.1 311 101.2 140.1 205 184 110.4 171.5 199.4 258.5 224.9 279
Operating Margin - 17.03% 13.01% 15.69% 14.66% 13.05% 5.14% 6.93% 9.23% 7.79% 4.79% 7.06% 8.38% 10.18% 9.1% 10.57%
Earnings before Tax (EBT) 1 - 476 324.2 427 385.2 380 -5.4 143 145.7 191.8 62.7 174.4 191.8 251.3 228.4 -
Net income 1 - 349.5 85.49 315.4 281.3 271.7 112.2 111.4 112.6 155.5 43.43 128.2 142.4 187 164.3 204.6
Net margin - 13% 3.52% 12.05% 11.45% 11.4% 5.7% 5.51% 5.07% 6.59% 1.88% 5.28% 5.98% 7.36% 6.65% 7.76%
EPS 2 - 4,626 1,131 4,175 3,723 3,596 1,484 1,474 1,490 2,058 625.0 1,652 1,843 2,614 2,317 2,740
Dividend per Share 2 - - 2,100 - - - 2,100 - - - 1,150 - - - 2,131 -
Announcement Date 1/27/21 10/27/21 1/26/22 4/27/22 7/27/22 10/26/22 1/25/23 4/26/23 7/26/23 10/26/23 1/31/24 - - - - -
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,159 373 - - - - - -
Net Cash position 1 - - 509 238 138 438 894 1,404
Leverage (Debt/EBITDA) 0.7226 x 0.2259 x - - - - - -
Free Cash Flow 2 -526,701 831,409 887,007 278,828 -29,418 530,236 663,385 775,200
ROE (net income / shareholders' equity) 10.2% 11% 16.9% 13.6% 5.6% 7.73% 9.66% 10.6%
ROA (Net income/ Total Assets) 5.94% 6.97% 11% 9.37% 3.8% 5.66% 6.78% 7.69%
Assets 1 8,660 8,665 8,104 10,470 11,122 11,129 12,300 13,004
Book Value Per Share 3 66,094 79,406 86,584 103,702 107,956 108,745 117,240 127,331
Cash Flow per Share 3 14,049 21,846 23,816 21,671 16,237 20,645 23,540 26,989
Capex 1 1,548 757 844 1,297 1,210 1,054 1,073 1,182
Capex / Sales 19.25% 9.22% 8.73% 13.76% 13.58% 10.73% 10.07% 10.28%
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
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+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
29
Last Close Price
146,200 KRW
Average target price
185,393 KRW
Spread / Average Target
+26.81%
Consensus
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