NONGSHIM CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 414,500 KRW | +0.12% |
|
-2.24% | +1.84% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,390,721 | 1,734,787 | 1,841,766 | 2,064,397 | 2,353,528 | 2,396,897 | - | - |
| Enterprise Value (EV) 2 | 953 | 1,248 | 1,391 | 1,627 | 1,742 | 1,650 | 1,457 | 1,415 |
| P/E ratio | 19.6 x | 11.7 x | 18.4 x | 17.8 x | 13.7 x | 13.1 x | 12 x | 11.4 x |
| Yield | 1.66% | 1.33% | 1.26% | 1.4% | 1.23% | 1.22% | 1.31% | 1.24% |
| Capitalization / Revenue | 0.59 x | 0.66 x | 0.69 x | 0.66 x | 0.69 x | 0.68 x | 0.64 x | 0.61 x |
| EV / Revenue | 0.41 x | 0.47 x | 0.52 x | 0.52 x | 0.51 x | 0.47 x | 0.39 x | 0.36 x |
| EV / EBITDA | 5.45 x | 4.76 x | 6.59 x | 7.12 x | 5.28 x | 4.77 x | 3.88 x | 3.66 x |
| EV / FCF | 120 x | 23.1 x | -42.9 x | 24.4 x | 7.94 x | 15.8 x | 11.8 x | 13.2 x |
| FCF Yield | 0.83% | 4.34% | -2.33% | 4.1% | 12.6% | 6.33% | 8.49% | 7.56% |
| Price to Book | 0.72 x | 0.85 x | 0.84 x | 0.9 x | 1.02 x | 0.97 x | 0.89 x | 0.85 x |
| Nbr of stocks (in thousands) | 5,783 | 5,783 | 5,783 | 5,783 | 5,783 | 5,783 | - | - |
| Reference price 3 | 240,500 | 300,000 | 318,500 | 357,000 | 407,000 | 414,000 | 414,000 | 414,000 |
| Announcement Date | 2/6/20 | 2/4/21 | 2/10/22 | 2/9/23 | 2/7/24 | - | - | - |
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 | 2,344 | 2,640 | 2,663 | 3,129 | 3,411 | 3,548 | 3,757 | 3,915 |
| EBITDA 1 | 174.8 | 261.9 | 211.2 | 228.6 | 330.1 | 345.6 | 375.3 | 386.7 |
| EBIT 1 | 78.82 | 160.3 | 106.1 | 112.2 | 212.1 | 224.8 | 247.7 | 261.7 |
| Operating Margin | 3.36% | 6.07% | 3.99% | 3.58% | 6.22% | 6.34% | 6.59% | 6.68% |
| Earnings before Tax (EBT) 1 | 103.5 | 190.6 | 136.8 | 158.8 | 231.1 | 249.4 | 275.1 | 291.2 |
| Net income 1 | 71 | 148.5 | 99.64 | 116 | 171.5 | 186.1 | 204.7 | 216.2 |
| Net margin | 3.03% | 5.63% | 3.74% | 3.71% | 5.03% | 5.25% | 5.45% | 5.52% |
| EPS 2 | 12,277 | 25,682 | 17,263 | 20,081 | 29,728 | 31,584 | 34,459 | 36,189 |
| Free Cash Flow 3 | 7,933 | 54,118 | -32,392 | 66,789 | 219,213 | 104,500 | 123,667 | 107,000 |
| FCF margin | 338.45% | 2,050.09% | -1,216.39% | 2,134.48% | 6,427.47% | 2,944.99% | 3,291.7% | 2,733.18% |
| FCF Conversion (EBITDA) | 4,538.06% | 20,663.52% | - | 29,221.16% | 66,403.91% | 30,233.29% | 32,950.03% | 27,670.6% |
| FCF Conversion (Net income) | 11,174.12% | 36,440.58% | - | 57,560.31% | 127,843.78% | 56,145.9% | 60,413.61% | 49,483.58% |
| Dividend per Share 2 | 4,000 | 4,000 | 4,000 | 5,000 | 5,000 | 5,045 | 5,423 | 5,143 |
| Announcement Date | 2/6/20 | 2/4/21 | 2/10/22 | 2/9/23 | 2/7/24 | - | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,187 | 673 | 707.7 | 736.3 | 756.2 | 813 | 823.6 | 860.4 | 837.5 | 855.9 | 856.7 | 872.5 | 882.3 | 900.3 | 901.2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 39.01 | 29.12 | 31.44 | 34.32 | 4.253 | 27.3 | 46.3 | 63.75 | 53.7 | 55.67 | 38.94 | 61.38 | 53.31 | 60.21 | 47.23 |
| Operating Margin | 3.29% | 4.33% | 4.44% | 4.66% | 0.56% | 3.36% | 5.62% | 7.41% | 6.41% | 6.5% | 4.54% | 7.03% | 6.04% | 6.69% | 5.24% |
| Earnings before Tax (EBT) 1 | - | 35.41 | 38.45 | 43.24 | 35.37 | 34.63 | 45.61 | 70.61 | 60.01 | 65.57 | 34.94 | 71.29 | 61.7 | 67.12 | 48.78 |
| Net income 1 | - | 25.43 | 27.17 | 33.04 | 27.67 | 28.39 | 27.01 | 54.4 | 44.95 | 50.05 | 22.5 | 53.27 | 46.12 | 49.9 | 37.43 |
| Net margin | - | 3.78% | 3.84% | 4.49% | 3.66% | 3.49% | 3.28% | 6.32% | 5.37% | 5.85% | 2.63% | 6.11% | 5.23% | 5.54% | 4.15% |
| EPS | - | 4,398 | 4,699 | 5,713 | 4,786 | 4,910 | 4,671 | 9,408 | 7,773 | 8,655 | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/6/20 | 11/15/21 | 2/10/22 | 5/16/22 | 8/16/22 | 11/14/22 | 2/9/23 | 5/15/23 | 8/11/23 | 11/14/23 | 2/7/24 | 5/16/24 | - | - | - |
1KRW in Billions
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 438 | 487 | 451 | 437 | 612 | 747 | 940 | 982 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 2 | 7,933 | 54,118 | -32,392 | 66,789 | 219,213 | 104,500 | 123,667 | 107,000 |
| ROE (net income / shareholders' equity) | 3.7% | 7.47% | 4.69% | 5.14% | 7.21% | 7.47% | 7.62% | 7.62% |
| ROA (Net income/ Total Assets) | 2.74% | 5.54% | 3.55% | 3.91% | 5.48% | 5.81% | 5.96% | 5.82% |
| Assets 1 | 2,590 | 2,680 | 2,807 | 2,965 | 3,127 | 3,203 | 3,435 | 3,717 |
| Book Value Per Share 3 | 333,399 | 351,731 | 377,778 | 398,464 | 399,535 | 425,741 | 463,579 | 486,631 |
| Cash Flow per Share 3 | 28,094 | 40,032 | 28,133 | 27,609 | 56,587 | 51,491 | 53,507 | 55,350 |
| Capex 1 | 155 | 177 | 195 | 92.9 | 108 | 133 | 137 | 152 |
| Capex / Sales | 6.59% | 6.72% | 7.33% | 2.97% | 3.17% | 3.74% | 3.65% | 3.88% |
| Announcement Date | 2/6/20 | 2/4/21 | 2/10/22 | 2/9/23 | 2/7/24 | - | - | - |
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
D
Sell
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
414,500
KRW
Average target price
535,385
KRW
Spread / Average Target
+29.16%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +1.84% | 1.76B | |
| -17.13% | 8.05B | |
| -1.65% | 7.65B | |
| +5.04% | 7.49B | |
| -13.92% | 910M | |
| -18.88% | 693M | |
| -9.29% | 610M | |
| -20.44% | 597M | |
| +24.01% | 573M | |
| -24.11% | 330M |
- Stock Market
- Equities
- A004370 Stock
- Financials Nongshim Co., Ltd.
