Financials Hyundai Engineering & Construction Co.,Ltd.

Equities

A000720

KR7000720003

Construction & Engineering

End-of-day quote Korea S.E. 06:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
34,250 KRW -2.42% Intraday chart for Hyundai Engineering & Construction Co.,Ltd. -1.58% -1.86%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,722,854 4,187,573 4,957,040 3,944,324 3,940,633 3,866,459 - -
Enterprise Value (EV) 2 3,085 1,162 1,906 -520.3 3,941 1,688 1,044 215.2
P/E ratio 11.6 x 34.1 x 12.3 x 9.6 x - 6.68 x 6.55 x 5.46 x
Yield 1.42% 1.6% 1.35% 1.72% - 1.8% 1.84% 1.97%
Capitalization / Revenue 0.27 x 0.25 x 0.27 x 0.19 x 0.13 x 0.12 x 0.13 x 0.13 x
EV / Revenue 0.18 x 0.07 x 0.11 x -0.02 x 0.13 x 0.05 x 0.03 x 0.01 x
EV / EBITDA 2.95 x 1.61 x 2.06 x -0.69 x - 1.59 x 0.94 x 0.17 x
EV / FCF 15.3 x 0.7 x 2.14 x 1.75 x - 2.86 x 1.47 x 0.22 x
FCF Yield 6.53% 143% 46.8% 57.1% - 35% 68.1% 446%
Price to Book 0.71 x 0.63 x 0.69 x 0.51 x - 0.44 x 0.42 x 0.39 x
Nbr of stocks (in thousands) 111,455 111,455 111,455 112,410 112,410 112,410 - -
Reference price 3 42,300 37,450 44,450 34,900 34,900 34,250 34,250 34,250
Announcement Date 1/22/20 1/22/21 1/26/22 1/19/23 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 17,300 16,971 18,066 21,239 29,651 32,230 30,438 30,736
EBITDA 1 1,045 720.6 925 756.6 - 1,065 1,115 1,275
EBIT 1 882.1 549 753.5 582 785.4 914.5 964 1,106
Operating Margin 5.1% 3.23% 4.17% 2.74% 2.65% 2.84% 3.17% 3.6%
Earnings before Tax (EBT) 1 809.8 395.6 854.1 769.2 939.5 1,035 1,044 1,243
Net income 1 412.6 122.3 407.5 423 535.9 576.4 583.4 687
Net margin 2.38% 0.72% 2.26% 1.99% 1.81% 1.79% 1.92% 2.24%
EPS 2 3,656 1,097 3,625 3,637 - 5,125 5,226 6,268
Free Cash Flow 3 201,346 1,655,856 891,224 -297,027 - 591,333 711,000 959,167
FCF margin 1,163.86% 9,757.05% 4,933.28% -1,398.49% - 1,834.73% 2,335.92% 3,120.71%
FCF Conversion (EBITDA) 19,258.86% 229,778.94% 96,348.02% - - 55,521.65% 63,767.52% 75,214.99%
FCF Conversion (Net income) 48,801.45% 1,353,686.17% 218,700.98% - - 102,598.81% 121,877.88% 139,617.56%
Dividend per Share 2 600.0 600.0 600.0 600.0 - 616.7 631.6 673.3
Announcement Date 1/22/20 1/22/21 1/26/22 1/19/23 1/23/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 4,352 5,180 4,145 5,579 5,431 6,083 6,031 7,163 7,620 8,598 8,545 8,198 7,922 8,120 7,953
EBITDA 1 - - - - - - - - - - 263.1 266.2 219 251.5 -
EBIT 1 220.4 191.3 171.5 175.4 153.7 81.37 173.5 223.6 245.5 144.5 250.9 236.1 228.9 212 176.9
Operating Margin 5.06% 3.69% 4.14% 3.14% 2.83% 1.34% 2.88% 3.12% 3.22% 1.68% 2.94% 2.88% 2.89% 2.61% 2.22%
Earnings before Tax (EBT) 1 213 234.5 233.3 321.7 349.1 -134.9 226.6 240.1 278.3 196.1 302.8 249 252.8 234.3 -
Net income 1 99.96 126.3 143.8 197 201 -118.9 130.8 164.9 175.9 74.8 155.4 155.7 143 112.2 93.6
Net margin 2.3% 2.44% 3.47% 3.53% 3.7% -1.95% 2.17% 2.3% 2.31% 0.87% 1.82% 1.9% 1.81% 1.38% 1.18%
EPS 2 897.0 1,102 1,629 2,001 2,088 -2,081 1,164 1,467 1,471 - 1,383 1,256 1,171 546.3 -
Dividend per Share 2 - 600.0 - - - 600.0 - - - - - - - 1,200 -
Announcement Date 10/22/21 1/26/22 4/22/22 7/22/22 10/26/22 1/19/23 4/21/23 7/21/23 10/20/23 1/23/24 4/19/24 - - - -
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 1,638 3,026 3,051 4,465 - 2,142 2,809 3,646
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2 201,346 1,655,856 891,224 -297,027 - 591,333 713,675 892,214
ROE (net income / shareholders' equity) 6.8% 1.84% 5.89% 5.49% - 7.06% 7.04% 7.64%
ROA (Net income/ Total Assets) 3.2% 0.68% 2.17% 2.02% - 2.8% 2.88% 3.25%
Assets 1 12,909 18,084 18,788 20,972 - 20,573 20,540 21,588
Book Value Per Share 3 59,831 59,555 64,808 69,028 - 76,774 81,715 87,669
Cash Flow per Share 3 4,301 15,520 9,065 -1,288 - 9,828 10,032 11,313
Capex 1 112 73.9 118 154 - 192 182 190
Capex / Sales 0.65% 0.44% 0.65% 0.72% - 0.6% 0.6% 0.62%
Announcement Date 1/22/20 1/22/21 1/26/22 1/19/23 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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
34,250 KRW
Average target price
45,000 KRW
Spread / Average Target
+31.39%
Consensus
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