SOCAR INC. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 21,000 KRW | +1.20% |
|
-0.47% | +36.36% |
| Mar. 14 | SOCAR Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Feb. 06 | TotalEnergies: agreement to supply AUSEA to ONGC in India | CF |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 711,783 | 504,939 | 688,688 | - | - |
| Enterprise Value (EV) 2 | 861.6 | 504.9 | 971.7 | 963.3 | 945.7 |
| P/E ratio | -36.4 x | -11.9 x | -37.1 x | 14.4 x | 67.3 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 1.79 x | 1.27 x | 1.53 x | 1.16 x | 1.16 x |
| EV / Revenue | 2.17 x | 1.27 x | 2.16 x | 1.62 x | 1.59 x |
| EV / EBITDA | 9.67 x | 6.62 x | 15.4 x | 6.34 x | 11.4 x |
| EV / FCF | -12.4 x | - | 42.6 x | 20.1 x | 13.9 x |
| FCF Yield | -8.09% | - | 2.35% | 4.97% | 7.19% |
| Price to Book | 2.87 x | - | 3.43 x | 2.96 x | 3.32 x |
| Nbr of stocks (in thousands) | 32,726 | 32,788 | 32,795 | - | - |
| Reference price 3 | 21,750 | 15,400 | 21,000 | 21,000 | 21,000 |
| Announcement Date | 2/15/23 | 2/20/24 | - | - | - |
1KRW in Million2KRW in Billions3KRW
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 397.6 | 398.5 | 450.2 | 595.7 | 595.2 |
| EBITDA 1 | - | 89.09 | 76.23 | 63 | 151.9 | 83 |
| EBIT 1 | - | 9.423 | -9.699 | 9.45 | 52.12 | 43.6 |
| Operating Margin | - | 2.37% | -2.43% | 2.1% | 8.75% | 7.32% |
| Earnings before Tax (EBT) 1 | - | -16.72 | -41.39 | -14 | 53.3 | 10 |
| Net income 1 | 6.277 | -18.14 | -41.53 | -18.55 | 47.65 | 10 |
| Net margin | - | -4.56% | -10.42% | -4.12% | 8% | 1.68% |
| EPS 2 | 297.0 | -597.0 | -1,292 | -566.0 | 1,454 | 312.0 |
| Free Cash Flow 3 | - | -69,746 | - | 22,833 | 47,900 | 68,000 |
| FCF margin | - | -17,543.63% | - | 5,071.82% | 8,040.96% | 11,423.77% |
| FCF Conversion (EBITDA) | - | - | - | 36,243.39% | 31,540.82% | 81,927.71% |
| FCF Conversion (Net income) | - | - | - | - | 100,524.66% | 680,000% |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 3/31/22 | 2/15/23 | 2/20/24 | - | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 121.4 | 85.72 | 103.9 | 112.7 | 96.18 | 90.58 | 104 | 140 | 113 |
| EBITDA | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 4.895 | -4.986 | 1.598 | -3.554 | -2.756 | -10.76 | -2.9 | 9.9 | 6.6 |
| Operating Margin | 4.03% | -5.82% | 1.54% | -3.15% | -2.87% | -11.88% | -2.79% | 7.07% | 5.84% |
| Earnings before Tax (EBT) 1 | -1.893 | -10.74 | -5.208 | -10.79 | -14.66 | -16.74 | -5 | 8 | 13 |
| Net income | -2.732 | -10.73 | -5.276 | -10.76 | -14.76 | - | - | - | - |
| Net margin | -2.25% | -12.52% | -5.08% | -9.55% | -15.34% | - | - | - | - |
| EPS | - | -328.0 | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/15/23 | 5/12/23 | 8/8/23 | 11/14/23 | 2/20/24 | 5/13/24 | - | - | - |
1KRW in Billions
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 150 | - | 283 | 275 | 257 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 1.682 x | - | 4.492 x | 1.808 x | 3.096 x |
| Free Cash Flow 2 | - | -69,746 | - | 22,833 | 47,900 | 68,000 |
| ROE (net income / shareholders' equity) | - | -9.06% | -18.1% | -9.15% | 15.5% | 9.15% |
| ROA (Net income/ Total Assets) | - | -3.56% | - | -2% | 7% | 1.4% |
| Assets 1 | - | 509.5 | - | 927.5 | 680.7 | 714.3 |
| Book Value Per Share 3 | - | 7,565 | - | 6,124 | 7,090 | 6,331 |
| Cash Flow per Share 3 | - | -2,063 | - | 4,772 | 5,330 | - |
| Capex 1 | - | 7.03 | - | 38.6 | 46.7 | - |
| Capex / Sales | - | 1.77% | - | 8.58% | 7.84% | - |
| Announcement Date | 3/31/22 | 2/15/23 | 2/20/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
21,000
KRW
Average target price
22,667
KRW
Spread / Average Target
+7.94%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +36.36% | 505M | |
| -24.29% | 9.72B | |
| -30.89% | 4.56B | |
| -19.27% | 3.79B | |
| -47.79% | 1.83B | |
| +2.03% | 1.54B | |
| -11.70% | 1.26B | |
| -2.74% | 742M | |
| -1.98% | 730M | |
| -41.13% | 488M |
- Stock Market
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- Financials SOCAR Inc.
