Financials Kyung Nong Corporation

Equities

A002100

KR7002100006

Agricultural Chemicals

End-of-day quote Korea S.E. 06:00:00 2024-05-21 pm EDT 5-day change 1st Jan Change
10,040 KRW -0.40% Intraday chart for Kyung Nong Corporation +0.10% -1.28%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 189,442 202,764 214,376 218,842 180,433 181,683
Enterprise Value (EV) 1 261,658 283,559 281,884 271,822 237,707 239,614
P/E ratio 34.9 x 44.7 x 17 x 13.8 x 6.72 x 9.61 x
Yield 2.31% 1.94% 2.08% 2.86% 3.96% 4.42%
Capitalization / Revenue 0.89 x 0.89 x 0.86 x 0.81 x 0.5 x 0.52 x
EV / Revenue 1.23 x 1.25 x 1.14 x 1.01 x 0.66 x 0.69 x
EV / EBITDA 12.7 x 17.9 x 13.1 x 11.5 x 4.99 x 7.23 x
EV / FCF -26.2 x -78.1 x 30.5 x 86.8 x -160 x 35.1 x
FCF Yield -3.82% -1.28% 3.28% 1.15% -0.62% 2.85%
Price to Book 1.05 x 1.1 x 1.11 x 1.03 x 0.78 x 0.75 x
Nbr of stocks (in thousands) 17,541 17,865 17,865 17,865 17,865 17,865
Reference price 2 10,800 11,350 12,000 12,250 10,100 10,170
Announcement Date 3/21/19 3/13/20 3/22/21 3/22/22 3/22/23 3/20/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 212,655 227,511 248,296 270,269 361,605 347,408
EBITDA 1 20,601 15,801 21,448 23,689 47,676 33,149
EBIT 1 14,733 8,691 14,182 16,726 40,975 25,210
Operating Margin 6.93% 3.82% 5.71% 6.19% 11.33% 7.26%
Earnings before Tax (EBT) 1 11,114 7,388 17,602 17,476 37,927 23,484
Net income 1 5,536 4,539 12,612 15,893 26,844 18,914
Net margin 2.6% 1.99% 5.08% 5.88% 7.42% 5.44%
EPS 2 309.9 254.1 706.0 889.6 1,503 1,059
Free Cash Flow 1 -10,001 -3,633 9,252 3,131 -1,483 6,819
FCF margin -4.7% -1.6% 3.73% 1.16% -0.41% 1.96%
FCF Conversion (EBITDA) - - 43.14% 13.22% - 20.57%
FCF Conversion (Net income) - - 73.36% 19.7% - 36.06%
Dividend per Share 2 250.0 220.0 250.0 350.0 400.0 450.0
Announcement Date 3/21/19 3/13/20 3/22/21 3/22/22 3/22/23 3/20/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 72,216 80,795 67,508 52,980 57,274 57,930
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.505 x 5.113 x 3.147 x 2.236 x 1.201 x 1.748 x
Free Cash Flow 1 -10,001 -3,633 9,252 3,131 -1,483 6,819
ROE (net income / shareholders' equity) 2.48% 1.99% 6.43% 7.19% 12.4% 5.72%
ROA (Net income/ Total Assets) 2.66% 1.49% 2.39% 2.75% 6.12% 3.51%
Assets 1 208,357 304,232 528,209 577,972 438,892 538,516
Book Value Per Share 2 10,244 10,302 10,789 11,888 12,997 13,544
Cash Flow per Share 2 688.0 664.0 746.0 1,476 2,380 1,846
Capex 1 15,721 2,873 3,193 6,003 10,272 4,624
Capex / Sales 7.39% 1.26% 1.29% 2.22% 2.84% 1.33%
Announcement Date 3/21/19 3/13/20 3/22/21 3/22/22 3/22/23 3/20/24
1KRW in Million2KRW
Estimates
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