Financials SK oceanplant Co.,Ltd

Equities

A100090

KR7100090000

Shipbuilding

End-of-day quote Korea S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
13,370 KRW +0.98% Intraday chart for SK oceanplant Co.,Ltd +5.86% -32.37%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 125,491 752,738 782,691 1,070,024 1,170,296 791,445 - -
Enterprise Value (EV) 2 125.5 1,024 980.3 1,187 1,170 914.7 985.1 1,028
P/E ratio -5.66 x 84.8 x -15.2 x 38.4 x 19 x 16.7 x 10.6 x 7.06 x
Yield - - - - - - - -
Capitalization / Revenue - 1.76 x 1.56 x 1.55 x 1.26 x 0.8 x 0.67 x 0.59 x
EV / Revenue - 2.4 x 1.95 x 1.72 x 1.26 x 0.93 x 0.84 x 0.76 x
EV / EBITDA - 21.1 x 21.5 x 14.2 x 12.4 x 9.58 x 6.76 x 5.25 x
EV / FCF - -16.9 x 9.59 x -25 x - 38.1 x 15.5 x -77.3 x
FCF Yield - -5.93% 10.4% -4% - 2.62% 6.46% -1.29%
Price to Book - 4.46 x 5.57 x 1.61 x - 1.09 x 1 x 0.88 x
Nbr of stocks (in thousands) 27,856 35,093 36,574 53,235 59,196 59,196 - -
Reference price 3 4,505 21,450 21,400 20,100 19,770 13,370 13,370 13,370
Announcement Date 3/19/20 2/19/21 3/16/22 2/14/23 1/22/24 - - -
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 - 427.2 503.1 691.8 925.8 987.7 1,175 1,347
EBITDA 1 - 48.43 45.67 83.35 94.21 95.48 145.8 195.7
EBIT 1 - 29.05 26.43 71.94 75.6 72.96 112.9 159.9
Operating Margin - 6.8% 5.25% 10.4% 8.17% 7.39% 9.62% 11.87%
Earnings before Tax (EBT) 1 - 9.174 -81.68 34.8 63.1 59.44 92.64 142.8
Net income 1 -21.84 12.25 -86.81 28.01 57.48 47.72 72.91 104.3
Net margin - 2.87% -17.26% 4.05% 6.21% 4.83% 6.21% 7.75%
EPS 2 -796.0 253.0 -1,404 524.0 1,038 802.8 1,266 1,894
Free Cash Flow 3 - -60,685 102,232 -47,539 - 24,000 63,600 -13,300
FCF margin - -14,204.04% 20,321.94% -6,871.49% - 2,429.93% 5,414.84% -987.56%
FCF Conversion (EBITDA) - - 223,838.51% - - 25,136.15% 43,617.66% -
FCF Conversion (Net income) - - - - - 50,293.38% 87,227.84% -
Dividend per Share - - - - - - - -
Announcement Date 3/19/20 2/19/21 3/16/22 2/14/23 1/22/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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 1 134.4 171 169.6 184.8 166.5 219.7 257.9 237 211.2 218 256.4 265.5 254.8 248
EBITDA 1 - - - - - - - - 17.8 30.1 35.4 - - -
EBIT 1 6.325 17.07 20.42 21.94 12.51 18.57 30.11 16.38 10.54 13.48 19.92 20.58 20.88 21
Operating Margin 4.71% 9.98% 12.04% 11.88% 7.51% 8.45% 11.67% 6.91% 4.99% 6.18% 7.77% 7.75% 8.19% 8.47%
Earnings before Tax (EBT) 1 5.508 12.43 14.1 10.5 -2.235 - 27.23 10.21 10.66 16.5 25.7 20.6 18.7 -
Net income 1 6.697 8.945 - - -0.204 20.48 21.35 5.724 9.924 7.3 12.93 12.6 13.2 14
Net margin 4.98% 5.23% - - -0.12% 9.32% 8.28% 2.42% 4.7% 3.35% 5.04% 4.75% 5.18% 5.65%
EPS - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/15/21 5/11/22 8/16/22 11/14/22 2/14/23 5/15/23 8/14/23 11/14/23 1/22/24 - - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 271 198 117 - 123 194 236
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 5.604 x 4.326 x 1.409 x - 1.291 x 1.328 x 1.207 x
Free Cash Flow 2 - -60,685 102,232 -47,539 - 24,000 63,600 -13,300
ROE (net income / shareholders' equity) - 5.7% -42% 7.94% 9.04% 6.48% 9.9% 12.4%
ROA (Net income/ Total Assets) - 1.9% -12.4% - - 3.05% 4.13% 6.4%
Assets 1 - 644 699.7 - - 1,565 1,764 1,630
Book Value Per Share 3 - 4,805 3,839 12,493 - 12,303 13,346 15,214
Cash Flow per Share 3 - -1,847 - - - 1,252 2,325 2,945
Capex 1 - 3.15 35.4 116 - 119 133 124
Capex / Sales - 0.74% 7.04% 16.79% - 12.08% 11.36% 9.23%
Announcement Date 3/19/20 2/19/21 3/16/22 2/14/23 1/22/24 - - -
1KRW in Billions2KRW in Million3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
13,370 KRW
Average target price
22,938 KRW
Spread / Average Target
+71.56%
Consensus

Quarterly revenue - Rate of surprise

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