Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Revenue Multiple | 6.6x - 7.3x | 6.9x |
| Selected Fwd Revenue Multiple | 7.0x - 7.7x | 7.3x |
| Fair Value | ₩8,447 - ₩10,486 | ₩9,466 |
| Upside | -14.7% - 5.9% | -4.4% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| ENVIONEER Co.,Ltd. | A317870 | KOSDAQ:A317870 |
| KPX Holdings Co., Ltd. | A092230 | KOSE:A092230 |
| Shinwha Intertek Corp. | A056700 | KOSDAQ:A056700 |
| S&K Polytec Co., Ltd. | A091340 | KOSDAQ:A091340 |
| Chin Yang Industry Co., Ltd. | A003780 | KOSE:A003780 |
| Kumyang Co., Ltd. | A001570 | KOSE:A001570 |
| Select LTM Revenue Multiple | ||||||||
| Benchmark Companies | ||||||||
| A317870 | A092230 | A056700 | A091340 | A003780 | A001570 | |||
| KOSDAQ:A317870 | KOSE:A092230 | KOSDAQ:A056700 | KOSDAQ:A091340 | KOSE:A003780 | KOSE:A001570 | |||
| Historical Revenue Growth | ||||||||
| 5Y CAGR | NM- | 4.7% | -0.6% | -0.5% | 7.4% | -5.8% | ||
| 3Y CAGR | 21.4% | -0.4% | 0.1% | -0.1% | 4.9% | -4.8% | ||
| Latest Twelve Months | -2.9% | 1.4% | 39.4% | 31.5% | 1.6% | -2.5% | ||
| Historical EBIT Profit Margin | ||||||||
| 5 Year Average Margin | -7.5% | 5.6% | -0.7% | 2.3% | 9.7% | -1.5% | ||
| Prior Fiscal Year | -1.5% | 5.4% | -8.8% | 1.1% | 8.7% | 3.9% | ||
| Latest Fiscal Year | -14.9% | 4.2% | 2.3% | 4.6% | 9.3% | -11.2% | ||
| Latest Twelve Months | -14.9% | 4.2% | 2.3% | 4.6% | 9.3% | -32.8% | ||
| Current Trading Multiples | ||||||||
| EV / LTM Revenue | 10.82x | 0.08x | 0.36x | 0.22x | 1.10x | 7.16x | ||
| EV / LTM EBIT | -85.8x | 2.0x | 15.3x | 4.8x | 11.9x | -21.8x | ||
| Price / LTM Sales | 10.28x | 0.18x | 0.19x | 0.09x | 1.06x | 3.41x | ||
| Low | Mid | High | ||||||
| Benchmark EV / LTM Revenue | 0.08x | 0.36x | 10.82x | |||||
| Historical EV / LTM Revenue | 0.88x | 1.88x | 39.54x | |||||
| Selected EV / LTM Revenue | 6.57x | 6.92x | 7.26x | |||||
| (x) LTM Revenue | 156,495 | 156,495 | 156,495 | |||||
| (=) Implied Enterprise Value | 1,028,607 | 1,082,744 | 1,136,881 | |||||
| (-) Non-shareholder Claims * | (587,978) | (587,978) | (587,978) | |||||
| (=) Equity Value | 440,628 | 494,766 | 548,903 | |||||
| (/) Shares Outstanding | 53.8 | 53.8 | 53.8 | |||||
| Implied Value Range | 8,183.64 | 9,189.12 | 10,194.59 | |||||
| FX Rate: KRW/KRW | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 8,183.64 | 9,189.12 | 10,194.59 | 9,900.00 | ||||
| Upside / (Downside) | -17.3% | -7.2% | 3.0% | |||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | A317870 | A092230 | A056700 | A091340 | A003780 | A001570 | |
| Enterprise Value | 149,928 | 102,313 | 89,068 | 73,815 | 97,269 | 1,121,020 | |
| (+) Cash & Short Term Investments | 5,264 | 553,713 | 10,930 | 70,275 | 10,610 | 19,942 | |
| (+) Investments & Other | 6,754 | 324,759 | 9,068 | 7,139 | 2,206 | 86,015 | |
| (-) Debt | (11,720) | (223,980) | (62,474) | (81,003) | (16,875) | (686,900) | |
| (-) Other Liabilities | (6,888) | (541,768) | 0 | (41,632) | 0 | (7,034) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 143,339 | 215,037 | 46,592 | 28,594 | 93,210 | 533,041 | |
| (/) Shares Outstanding | 8.5 | 3.9 | 29.0 | 10.7 | 13.0 | 53.8 | |
| Implied Stock Price | 16,850.00 | 54,700.00 | 1,606.00 | 2,670.00 | 7,170.00 | 9,900.00 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 16,850.00 | 54,700.00 | 1,606.00 | 2,670.00 | 7,170.00 | 9,900.00 | |
| Trading Currency | KRW | KRW | KRW | KRW | KRW | KRW | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |