Financials Hansol Paper Co., Ltd.

Equities

A213500

KR7213500002

Paper Products

End-of-day quote Korea S.E. 06:00:00 2024-06-04 pm EDT 5-day change 1st Jan Change
11,130 KRW -0.63% Intraday chart for Hansol Paper Co., Ltd. +1.09% +4.61%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 343,576 329,310 320,988 315,044 252,986 264,637 - -
Enterprise Value (EV) 2 1,071 1,047 1,000 1,200 984.4 855.1 786.1 714.6
P/E ratio 8.59 x 5.56 x 23.5 x 4.27 x 144 x 2.92 x 2.8 x 2.61 x
Yield 4.15% 5.05% 2.96% 3.77% 4.7% 5.54% 5.84% 6.14%
Capitalization / Revenue 0.18 x 0.22 x 0.17 x 0.13 x 0.12 x 0.12 x 0.12 x 0.11 x
EV / Revenue 0.56 x 0.69 x 0.55 x 0.49 x 0.45 x 0.39 x 0.34 x 0.3 x
EV / EBITDA 5.57 x 5.85 x 6.64 x 5.56 x 7.62 x 4.53 x 4.02 x 3.51 x
EV / FCF 7.1 x 17.3 x 25.2 x -12 x 5.59 x 5.94 x 8.2 x 7.27 x
FCF Yield 14.1% 5.76% 3.97% -8.32% 17.9% 16.8% 12.2% 13.8%
Price to Book 0.58 x 0.51 x 0.47 x 0.42 x 0.35 x 0.34 x 0.31 x 0.28 x
Nbr of stocks (in thousands) 23,777 23,777 23,777 23,777 23,777 23,777 - -
Reference price 3 14,450 13,850 13,500 13,250 10,640 11,130 11,130 11,130
Announcement Date 2/6/20 2/9/21 2/7/22 2/7/23 1/23/24 - - -
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 1,913 1,510 1,834 2,458 2,194 2,205 2,290 2,374
EBITDA 1 192.5 179.1 150.7 215.9 129.1 188.8 195.7 203.4
EBIT 1 105.3 94.56 60.73 130.2 47.24 103.6 111.8 127.6
Operating Margin 5.51% 6.26% 3.31% 5.3% 2.15% 4.7% 4.88% 5.38%
Earnings before Tax (EBT) 1 67.69 72.19 28.75 95.83 2.522 99.63 114.1 122.3
Net income 1 40.02 59.27 13.68 73.82 1.761 90.97 94.6 101.2
Net margin 2.09% 3.93% 0.75% 3% 0.08% 4.13% 4.13% 4.26%
EPS 2 1,683 2,493 575.0 3,104 74.00 3,811 3,974 4,259
Free Cash Flow 3 150,951 60,384 39,677 -99,850 176,078 143,967 95,867 98,267
FCF margin 7,892.51% 3,999.3% 2,163.12% -4,062.34% 8,025.07% 6,529.69% 4,186.62% 4,138.59%
FCF Conversion (EBITDA) 78,414.2% 33,716.82% 26,326.31% - 136,342.05% 76,253.53% 48,986.54% 48,319.95%
FCF Conversion (Net income) 377,151.85% 101,882.34% 290,128.94% - 9,997,802.05% 158,263.09% 101,338.97% 97,133.44%
Dividend per Share 2 600.0 700.0 400.0 500.0 500.0 616.7 650.0 683.3
Announcement Date 2/6/20 2/9/21 2/7/22 2/7/23 1/23/24 - - -
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 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 525 547.6 638.7 616.5 655.1 528.1 523.5 581.5 534.1 529.2 535.2 606.7
EBITDA - - - - - - - - - - - -
EBIT 1 12.78 24.61 56.9 41.33 7.396 15.2 14.4 9.862 33.97 22.5 24.6 22.57
Operating Margin 2.43% 4.49% 8.91% 6.7% 1.13% 2.88% 2.75% 1.7% 6.36% 4.25% 4.6% 3.72%
Earnings before Tax (EBT) 1 - - 49.44 27.87 -2.455 6.207 1.834 -3.145 29.97 19.45 34.05 32
Net income 1 -4.94 13.34 37.14 22.21 1.14 6.904 3.799 -0.8525 23.7 17.35 32.4 28.85
Net margin -0.94% 2.44% 5.81% 3.6% 0.17% 1.31% 0.73% -0.15% 4.44% 3.28% 6.05% 4.75%
EPS - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - -
Announcement Date 2/7/22 4/27/22 7/28/22 10/27/22 2/7/23 8/2/23 10/31/23 1/23/24 4/29/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 728 718 679 885 731 591 522 450
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.781 x 4.01 x 4.508 x 4.1 x 5.663 x 3.128 x 2.665 x 2.213 x
Free Cash Flow 2 150,951 60,384 39,677 -99,850 176,078 143,967 95,867 98,267
ROE (net income / shareholders' equity) 6.92% 9.51% 2.08% 10.4% 0.24% 12% 11.6% 11.3%
ROA (Net income/ Total Assets) 2.26% 3.4% 0.75% 15.6% - 4.95% 4.95% 5.15%
Assets 1 1,768 1,741 1,814 472 - 1,838 1,911 1,964
Book Value Per Share 3 24,837 27,019 28,569 31,193 30,411 32,339 35,679 39,286
Cash Flow per Share - - - -2,642 - - - -
Capex 1 48.5 64.8 66.1 37 62.4 64.5 67.3 70.6
Capex / Sales 2.54% 4.29% 3.6% 1.51% 2.84% 2.92% 2.94% 2.97%
Announcement Date 2/6/20 2/9/21 2/7/22 2/7/23 1/23/24 - - -
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
BUY
Number of Analysts
3
Last Close Price
11,130 KRW
Average target price
15,333 KRW
Spread / Average Target
+37.77%
Consensus

Quarterly revenue - Rate of surprise

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