Financials SHINSEGAE FOOD Inc.

Equities

A031440

KR7031440001

Food Retail & Distribution

End-of-day quote Korea S.E. 06:00:00 2024-06-03 pm EDT 5-day change 1st Jan Change
38,200 KRW -0.65% Intraday chart for SHINSEGAE FOOD Inc. -3.41% -3.17%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 272,222 252,861 317,141 186,064 152,762 147,922 -
Enterprise Value (EV) 1 272,425 253,068 317,705 186,064 152,762 147,922 147,922
P/E ratio 62.5 x -11.5 x 131 x -34.6 x 14.4 x 8.19 x 7.88 x
Yield 1.07% 1.15% 0.92% 1.56% 1.9% 1.96% 1.96%
Capitalization / Revenue 0.21 x 0.2 x 0.24 x 0.13 x 0.1 x 0.09 x 0.09 x
EV / Revenue 0.21 x 0.2 x 0.24 x 0.13 x 0.1 x 0.09 x 0.09 x
EV / EBITDA 3,639,617,942 x 3,816,321,406 x 3,812,873,495 x 2,570,863,644 x - - -
EV / FCF -6,715,967 x 7,764,800 x 9,880,605 x - - - -
FCF Yield -0% 0% 0% - - - -
Price to Book 0.86 x 0.89 x 1.11 x 0.64 x 0.53 x 0.5 x 0.49 x
Nbr of stocks (in thousands) 3,872 3,872 3,872 3,872 3,872 3,872 -
Reference price 2 70,300 65,300 81,900 48,050 39,450 38,200 38,200
Announcement Date 2/4/20 2/9/21 2/8/22 2/10/23 2/6/24 - -
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 1,320 1,240 1,333 1,411 1,489 1,564 1,609
EBITDA 74.79 66.26 83.18 72.37 - - -
EBIT 1 22.16 7.741 29.3 20.58 26.42 33.5 34
Operating Margin 1.68% 0.62% 2.2% 1.46% 1.77% 2.14% 2.11%
Earnings before Tax (EBT) 1 4.567 -26.85 4.588 -4.859 14.92 24 25
Net income 1 4.353 -21.98 2.417 -5.384 10.64 18 19
Net margin 0.33% -1.77% 0.18% -0.38% 0.71% 1.15% 1.18%
EPS 2 1,124 -5,677 624.0 -1,390 2,749 4,663 4,845
Free Cash Flow -40,534 32,565 32,097 - - - -
FCF margin -3,070.48% 2,625.68% 2,408.1% - - - -
FCF Conversion (EBITDA) - 49,149% 38,589.48% - - - -
FCF Conversion (Net income) - - 1,327,947.59% - - - -
Dividend per Share 2 750.0 750.0 750.0 750.0 750.0 750.0 750.0
Announcement Date 2/4/20 2/9/21 2/8/22 2/10/23 2/6/24 - -
1KRW in Billions2KRW
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 1 337.3 323.9 353.7 373.2 360.4 - 370 393 376.6 381.8 406.7 405 390.5
EBITDA - - - - - - - - - - - - -
EBIT 1 9.632 3.93 8.544 4.287 3.817 - 8.003 7.784 6.072 4.644 9.1 9.3 9.5
Operating Margin 2.86% 1.21% 2.42% 1.15% 1.06% - 2.16% 1.98% 1.61% 1.22% 2.24% 2.3% 2.43%
Earnings before Tax (EBT) -11.68 - 8.079 - - - - - - 5.451 - - -
Net income -9.726 - - - - 1.636 - - - - - - -
Net margin -2.88% - - - - - - - - - - - -
EPS - - - - - 422.0 - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 2/8/22 5/4/22 8/3/22 11/14/22 2/10/23 5/15/23 8/8/23 11/3/23 2/6/24 5/3/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 203 208 564 - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) 2.711 x 3.135 x 6.781 x - - - -
Free Cash Flow -40,534 32,565 32,097 - - - -
ROE (net income / shareholders' equity) 1.38% -7.35% 0.85% -1.87% 3.66% 6.2% 6.3%
ROA (Net income/ Total Assets) 0.64% -2.71% 0.27% - - - -
Assets 1 679.1 810.2 883.4 - - - -
Book Value Per Share 2 81,368 73,156 73,553 75,425 74,863 76,211 77,745
Cash Flow per Share 2 7,425 16,927 18,804 5,406 22,927 19,033 17,422
Capex 1 69.3 33 40.7 42 39.3 33 33
Capex / Sales 5.25% 2.66% 3.05% 2.98% 2.64% 2.11% 2.05%
Announcement Date 2/4/20 2/9/21 2/8/22 2/10/23 2/6/24 - -
1KRW in Billions2KRW
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
OUTPERFORM
Number of Analysts
1
Last Close Price
38,200 KRW
Average target price
63,000 KRW
Spread / Average Target
+64.92%
Consensus

Quarterly revenue - Rate of surprise

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