Financials DB Hitek Co., Ltd.

Equities

A000990

KR7000990002

Semiconductors

End-of-day quote Korea S.E. 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
40,550 KRW +1.50% Intraday chart for DB Hitek Co., Ltd. -5.04% -30.80%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,195,780 2,209,447 3,152,177 1,610,776 2,441,975 1,689,797 - -
Enterprise Value (EV) 2 1,351 2,240 2,916 978.7 1,930 687.8 631.8 -162.2
P/E ratio 11.5 x 13.3 x 9.97 x 2.89 x 9.39 x 10.3 x 6.26 x 5.28 x
Yield 1.27% 0.69% 0.62% 3.5% 0.99% 2.61% 2.24% 2%
Capitalization / Revenue 1.48 x 2.36 x 2.6 x 0.96 x 2.11 x 1.58 x 1.36 x 1.18 x
EV / Revenue 1.67 x 2.39 x 2.4 x 0.58 x 1.67 x 0.64 x 0.51 x -0.11 x
EV / EBITDA 5.17 x 6.37 x 5.36 x 1.1 x 4.87 x 2.07 x 1.35 x -0.31 x
EV / FCF 18.8 x 14.7 x 11.2 x 1.78 x 9.81 x 0.87 x 2.32 x -0.46 x
FCF Yield 5.33% 6.8% 8.9% 56.2% 10.2% 115% 43.2% -217%
Price to Book 1.85 x 2.78 x 2.85 x 1.01 x 1.42 x 0.9 x 0.85 x 0.72 x
Nbr of stocks (in thousands) 43,325 43,322 43,359 43,359 41,672 41,672 - -
Reference price 3 27,600 51,000 72,700 37,150 58,600 40,550 40,550 40,550
Announcement Date 2/10/20 2/9/21 2/14/22 2/14/23 2/5/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 807.4 935.9 1,215 1,675 1,158 1,069 1,247 1,437
EBITDA 1 261.6 351.5 543.9 887.8 396.6 333 469.2 522
EBIT 1 181.3 239.3 399.1 768.7 266.3 149.5 306.2 348.5
Operating Margin 22.45% 25.57% 32.86% 45.89% 23% 13.99% 24.56% 24.26%
Earnings before Tax (EBT) 1 144 209.8 420.4 747.1 309.1 221 353.5 410.3
Net income 1 104.6 166.2 316.9 563.8 244.8 174.5 286 341
Net margin 12.96% 17.75% 26.09% 33.65% 21.14% 16.32% 22.94% 23.74%
EPS 2 2,410 3,822 7,292 12,858 6,241 3,928 6,476 7,677
Free Cash Flow 3 71,981 152,238 259,517 550,124 196,769 788,000 272,875 352,667
FCF margin 8,914.92% 16,266.17% 21,365.01% 32,837.58% 16,994.63% 73,713.75% 21,886.91% 24,547.56%
FCF Conversion (EBITDA) 27,520.01% 43,315.81% 47,715.17% 61,961.44% 49,612.09% 236,636.64% 58,151.31% 67,560.66%
FCF Conversion (Net income) 68,790.68% 91,617.23% 81,894.49% 97,579.17% 80,388.12% 451,575.93% 95,410.84% 103,421.31%
Dividend per Share 2 350.0 350.0 450.0 1,300 580.0 1,060 907.5 810.0
Announcement Date 2/10/20 2/9/21 2/14/22 2/14/23 2/5/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 1 367.9 395 435.7 447.4 397.1 298.2 308.8 267.8 283 261.5 250.2 269 288.8
EBITDA 1 171.4 - - - - - - - - - 73 80 103
EBIT 1 138.1 181.5 213.2 220.4 153.6 82.98 89.93 50.29 43.07 41.13 25.33 38.33 53.33
Operating Margin 37.55% 45.96% 48.93% 49.25% 38.69% 27.83% 29.12% 18.78% 15.22% 15.73% 10.12% 14.25% 18.47%
Earnings before Tax (EBT) 148.9 204.7 219.2 232.3 91 96.95 101.9 63.62 46.56 - - - -
Net income 1 117.4 158.7 160.9 170.8 68.38 76.36 80.27 52.5 35.64 43.91 35 47 57
Net margin 31.91% 40.17% 36.94% 38.18% 17.22% 25.61% 25.99% 19.6% 12.59% 16.79% 13.99% 17.47% 19.74%
EPS - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 2/14/22 5/13/22 8/11/22 11/14/22 2/14/23 5/12/23 8/4/23 10/31/23 2/5/24 5/2/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 155 30.3 - - - - - -
Net Cash position 1 - - 237 632 512 1,002 1,058 1,852
Leverage (Debt/EBITDA) 0.5936 x 0.0861 x - - - - - -
Free Cash Flow 2 71,981 152,238 259,517 550,124 196,769 788,000 272,875 352,667
ROE (net income / shareholders' equity) 20.1% 23.1% 33.3% 41% 15.7% 9.45% 14.4% 14.5%
ROA (Net income/ Total Assets) 11.3% 14.7% 23.2% 30.4% 12.6% 7.7% 11.1% 10.3%
Assets 1 926.4 1,134 1,364 1,853 1,939 2,266 2,569 3,327
Book Value Per Share 3 14,879 18,337 25,512 36,806 41,214 44,979 47,955 56,370
Cash Flow per Share 3 - - 9,068 16,798 5,312 7,746 9,933 12,548
Capex 1 89.1 158 134 180 329 133 167 197
Capex / Sales 11.03% 16.85% 11% 10.74% 28.44% 12.47% 13.41% 13.71%
Announcement Date 2/10/20 2/9/21 2/14/22 2/14/23 2/5/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
4
Last Close Price
40,550 KRW
Average target price
52,000 KRW
Spread / Average Target
+28.24%
Consensus

Quarterly revenue - Rate of surprise

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