DONGWON F&B CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 40,550 KRW | +0.37% |
|
+5.74% | +24.01% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 872,162 | 690,783 | 750,600 | 605,882 | 630,967 | 779,543 | - | - |
| Enterprise Value (EV) 1 | 872,675 | 691,320 | 751,242 | 606,379 | 630,967 | 779,543 | 779,543 | 779,543 |
| P/E ratio | 13.3 x | 8.86 x | 10.8 x | 6.67 x | 5.8 x | 5.87 x | 5.76 x | 4.97 x |
| Yield | 1.33% | 1.68% | 1.8% | 2.23% | 10.7% | 1.98% | 1.9% | 1.98% |
| Capitalization / Revenue | 0.29 x | 0.22 x | 0.22 x | 0.15 x | 0.14 x | 0.17 x | 0.16 x | 0.16 x |
| EV / Revenue | 0.29 x | 0.22 x | 0.22 x | 0.15 x | 0.14 x | 0.17 x | 0.16 x | 0.16 x |
| EV / EBITDA | 5.41 x | 3.79 x | 3.65 x | 2.89 x | 2.49 x | 2.9 x | 2.67 x | 2.47 x |
| EV / FCF | -19.9 x | 10.1 x | 8.6 x | 8.83 x | - | 7.8 x | 6.72 x | 6.04 x |
| FCF Yield | -5.02% | 9.89% | 11.6% | 11.3% | - | 12.8% | 14.9% | 16.5% |
| Price to Book | 1.28 x | 0.92 x | 0.94 x | 0.69 x | 0.65 x | 0.71 x | 0.65 x | 0.57 x |
| Nbr of stocks (in thousands) | 19,296 | 19,296 | 19,296 | 19,296 | 19,296 | 19,296 | - | - |
| Reference price 2 | 45,200 | 35,800 | 38,900 | 31,400 | 32,700 | 40,400 | 40,400 | 40,400 |
| Announcement Date | 2/10/20 | 2/10/21 | 2/10/22 | 2/14/23 | 2/14/24 | - | - | - |
1KRW in Million2KRW
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,030 | 3,170 | 3,491 | 4,024 | 4,361 | 4,589 | 4,793 | 4,982 |
| EBITDA 1 | 161.2 | 182.1 | 205.6 | 210 | 253.8 | 269 | 291.5 | 315 |
| EBIT 1 | 101.4 | 116.3 | 130.2 | 128.7 | 166.7 | 193.5 | 203.7 | 231.5 |
| Operating Margin | 3.35% | 3.67% | 3.73% | 3.2% | 3.82% | 4.22% | 4.25% | 4.65% |
| Earnings before Tax (EBT) 1 | 87.04 | 103.3 | 96.27 | 118.6 | 146.8 | 179.5 | 182.3 | 213 |
| Net income 1 | 65.66 | 77.93 | 69.12 | 90.82 | 108.8 | 132.5 | 135.3 | 156.5 |
| Net margin | 2.17% | 2.46% | 1.98% | 2.26% | 2.5% | 2.89% | 2.82% | 3.14% |
| EPS 2 | 3,403 | 4,039 | 3,602 | 4,707 | 5,641 | 6,879 | 7,009 | 8,123 |
| Free Cash Flow 3 | -43,776 | 68,330 | 87,270 | 68,635 | - | 100,000 | 116,000 | 129,000 |
| FCF margin | -1,444.63% | 2,155.35% | 2,499.97% | 1,705.81% | - | 2,179.19% | 2,420.03% | 2,589.32% |
| FCF Conversion (EBITDA) | - | 37,518.79% | 42,444.58% | 32,684.57% | - | 37,174.72% | 39,794.17% | 40,952.38% |
| FCF Conversion (Net income) | - | 87,680.33% | 126,264.74% | 75,571.45% | - | 75,471.7% | 85,714.29% | 82,428.12% |
| Dividend per Share 2 | 600.0 | 600.0 | 700.0 | 700.0 | 3,500 | 800.0 | 766.7 | 800.0 |
| Announcement Date | 2/10/20 | 2/10/21 | 2/10/22 | 2/14/23 | 2/14/24 | - | - | - |
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 | 887.7 | 947.9 | 964.2 | 1,115 | 996.8 | 1,081 | 1,052 | 1,207 | 1,021 | 1,119 | 1,101 | 1,284 | 1,071 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 15.67 | 32.24 | 22.42 | 45.13 | 28.91 | 43.44 | 27.45 | 63.04 | 32.79 | 49.88 | 31.3 | 67.3 | 32.8 |
| Operating Margin | 1.76% | 3.4% | 2.33% | 4.05% | 2.9% | 4.02% | 2.61% | 5.22% | 3.21% | 4.46% | 2.84% | 5.24% | 3.06% |
| Earnings before Tax (EBT) | 12.08 | 28.47 | - | - | 33.02 | 38.74 | 21.29 | 57.06 | 29.7 | 61.02 | - | - | - |
| Net income | 9.21 | 20.81 | 14.65 | - | 26.78 | 29.94 | 16.65 | 44.28 | 17.96 | - | - | - | - |
| Net margin | 1.04% | 2.2% | 1.52% | - | 2.69% | 2.77% | 1.58% | 3.67% | 1.76% | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/10/22 | 5/3/22 | 8/5/22 | 11/2/22 | 2/14/23 | 5/3/23 | 8/4/23 | 11/1/23 | 2/14/24 | 5/3/24 | - | - | - |
1KRW in Billions
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 513 | 537 | 643 | 497 | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.183 x | 2.946 x | 3.126 x | 2.364 x | - | - | - | - |
| Free Cash Flow 1 | -43,776 | 68,330 | 87,270 | 68,635 | - | 100,000 | 116,000 | 129,000 |
| ROE (net income / shareholders' equity) | 10% | 10.9% | 8.99% | 10.8% | 11.7% | 12.9% | 11.8% | 12.2% |
| ROA (Net income/ Total Assets) | 4.41% | 4.78% | 3.84% | 4.5% | 5.09% | 5.85% | 5.8% | 6.1% |
| Assets 2 | 1,489 | 1,629 | 1,800 | 2,018 | 2,139 | 2,265 | 2,333 | 2,566 |
| Book Value Per Share 3 | 35,304 | 38,711 | 41,399 | 45,803 | 50,436 | 56,516 | 62,328 | 70,368 |
| Cash Flow per Share 3 | -2,362 | 8,099 | 8,270 | 6,583 | 13,675 | 10,728 | 10,885 | - |
| Capex 2 | 178 | 87.9 | 72.3 | 58.4 | 157 | 100 | 88.7 | 106 |
| Capex / Sales | 5.87% | 2.77% | 2.07% | 1.45% | 3.6% | 2.18% | 1.85% | 2.13% |
| Announcement Date | 2/10/20 | 2/10/21 | 2/10/22 | 2/14/23 | 2/14/24 | - | - | - |
1KRW in Million2KRW in Billions3KRW
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
40,400
KRW
Average target price
45,500
KRW
Spread / Average Target
+12.62%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +24.01% | 573M | |
| -17.13% | 8.05B | |
| -1.65% | 7.65B | |
| +5.04% | 7.49B | |
| +1.84% | 1.76B | |
| -13.92% | 910M | |
| -18.88% | 693M | |
| -9.29% | 610M | |
| -20.44% | 597M | |
| -24.11% | 330M |
- Stock Market
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- A049770 Stock
- Financials Dongwon F&B Co., Ltd.
