SOULBRAIN CO., LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 304,000 KRW | +2.01% |
|
-1.62% | 0.00% |
| Apr. 17 | Nomura Adjusts Soulbrain’s Price Target to KRW380,000 From KRW350,000, Keeps at Buy | MT |
| 2023 | Nomura Adjusts SoulBrain's Price Target to KRW350,000 From KRW310,000, Keeps at Buy | MT |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,118,104 | 2,162,869 | 1,692,241 | 2,353,915 | 2,353,915 | - | - |
| Enterprise Value (EV) 2 | 2,021 | 2,018 | 1,524 | 2,195 | 2,150 | 1,946 | 1,920 |
| P/E ratio | 16.7 x | 14.6 x | 10.9 x | - | 15.2 x | 12 x | 10.5 x |
| Yield | 1.43% | 0.7% | 0.92% | 0.66% | 0.67% | 0.69% | 0.74% |
| Capitalization / Revenue | 4.41 x | 2.11 x | 1.55 x | 2.79 x | 2.52 x | 2.17 x | 2.03 x |
| EV / Revenue | 4.21 x | 1.97 x | 1.4 x | 2.6 x | 2.3 x | 1.79 x | 1.65 x |
| EV / EBITDA | 8.02 x | 8.5 x | 5.87 x | - | 8.98 x | 6.71 x | 6.13 x |
| EV / FCF | 8.31 x | 28.9 x | 15.8 x | 23.9 x | 20.9 x | 13.2 x | 8.97 x |
| FCF Yield | 12% | 3.45% | 6.35% | 4.18% | 4.78% | 7.6% | 11.1% |
| Price to Book | 4.27 x | 3.4 x | 2.18 x | 2.64 x | 2.29 x | 1.94 x | 1.66 x |
| Nbr of stocks (in thousands) | 7,779 | 7,766 | 7,766 | 7,743 | 7,743 | - | - |
| Reference price 3 | 272,300 | 278,500 | 217,900 | 304,000 | 304,000 | 304,000 | 304,000 |
| Announcement Date | 2/4/21 | 2/8/22 | 3/14/23 | 2/13/24 | - | - | - |
1KRW in Million2KRW in Billions3KRW
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 479.9 | 1,024 | 1,091 | 844 | 935 | 1,085 | 1,161 |
| EBITDA 1 | 252.1 | 237.4 | 259.7 | - | 239.4 | 290 | 313.2 |
| EBIT 1 | 103.7 | 189 | 207.1 | 133.5 | 173.3 | 221.6 | 237.8 |
| Operating Margin | 21.6% | 18.46% | 18.98% | 15.82% | 18.53% | 20.42% | 20.49% |
| Earnings before Tax (EBT) 1 | 85.58 | 203.4 | 215.4 | 161.3 | 197.4 | 247.7 | 282.2 |
| Net income 1 | 63.04 | 148.3 | 155.1 | 129.5 | 155.9 | 196.5 | 224.1 |
| Net margin | 13.14% | 14.49% | 14.22% | 15.34% | 16.67% | 18.11% | 19.31% |
| EPS 2 | 16,288 | 19,100 | 19,976 | - | 20,030 | 25,286 | 28,826 |
| Free Cash Flow 3 | 243,259 | 69,735 | 96,778 | 91,679 | 102,850 | 147,900 | 214,100 |
| FCF margin | 50,690.53% | 6,810.64% | 8,871.63% | 10,862.09% | 10,999.99% | 13,628.65% | 18,443.65% |
| FCF Conversion (EBITDA) | 96,475.58% | 29,371.24% | 37,266.45% | - | 42,953.37% | 50,997.5% | 68,358.88% |
| FCF Conversion (Net income) | 385,873.96% | 47,012.18% | 62,397.32% | 70,799.72% | 65,972.77% | 75,252.51% | 95,537.71% |
| Dividend per Share 2 | 3,900 | 1,950 | 2,000 | 2,000 | 2,026 | 2,089 | 2,243 |
| Announcement Date | 2/4/21 | 2/8/22 | 3/14/23 | 2/13/24 | - | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 275.9 | 265.3 | 281.6 | 272.8 | 276.2 | 260.3 | 243 | 218.7 | 187.4 | 210.7 | 213.2 | 237.5 | 254.4 | 254.4 |
| EBITDA 1 | 62.61 | 57.22 | 71.08 | 68.54 | 70.72 | 57.1 | 63.28 | 48.69 | 44.1 | 60.98 | 49.06 | 60.61 | 60.92 | 69.86 |
| EBIT 1 | 50.56 | 44.77 | 57.64 | 55.32 | 50.08 | 44.02 | 49.05 | 33.05 | 28.56 | 46.05 | 34.05 | 45.52 | 45.76 | 50.81 |
| Operating Margin | 18.33% | 16.87% | 20.47% | 20.28% | 18.13% | 16.91% | 20.19% | 15.11% | 15.24% | 21.85% | 15.97% | 19.17% | 17.99% | 19.97% |
| Earnings before Tax (EBT) 1 | - | 47.53 | 62.12 | 63.25 | 66.8 | 23.26 | 59.16 | 42.49 | 35.25 | 63.93 | 44 | 50 | 56 | 50 |
| Net income 1 | 41.35 | 35.46 | 47.14 | 48.9 | 47.29 | 11.77 | 45.28 | 32.68 | 28.68 | 45.85 | 29.58 | 39.21 | 39.44 | 45.78 |
| Net margin | 14.99% | 13.36% | 16.74% | 17.92% | 17.12% | 4.52% | 18.63% | 14.94% | 15.31% | 21.76% | 13.87% | 16.51% | 15.5% | 17.99% |
| EPS 2 | 5,325 | 4,566 | 6,070 | 6,296 | 6,090 | 1,520 | 5,832 | 4,218 | 3,703 | 5,922 | 3,803 | 5,041 | 5,070 | 5,886 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/15/21 | 2/8/22 | 5/16/22 | 8/16/22 | 11/14/22 | 3/14/23 | 5/15/23 | 8/14/23 | 11/14/23 | 5/16/24 | - | - | - | - |
1KRW in Billions2KRW
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | 97.1 | 144 | 168 | 159 | 204 | 408 | 434 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 2 | 243,259 | 69,735 | 96,778 | 91,679 | 102,850 | 147,900 | 214,100 |
| ROE (net income / shareholders' equity) | - | 26.2% | 23% | 15.1% | 16.2% | 17.4% | 16.9% |
| ROA (Net income/ Total Assets) | - | 19.2% | 18.4% | 13.5% | 14.6% | 15.5% | 15.2% |
| Assets 1 | - | 773.8 | 840.7 | 958.7 | 1,068 | 1,268 | 1,474 |
| Book Value Per Share 3 | 63,766 | 81,797 | 100,114 | 115,091 | 133,007 | 156,361 | 183,366 |
| Cash Flow per Share 3 | 31,313 | 16,984 | 24,576 | - | 28,432 | 35,311 | 37,101 |
| Capex 1 | 33.6 | 62.2 | 94 | 129 | 95.5 | 101 | 107 |
| Capex / Sales | 7% | 6.07% | 8.62% | 15.33% | 10.21% | 9.26% | 9.23% |
| Announcement Date | 2/4/21 | 2/8/22 | 3/14/23 | 2/13/24 | - | - | - |
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
8
Last Close Price
304,000
KRW
Average target price
372,500
KRW
Spread / Average Target
+22.53%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| 0.00% | 1.74B | |
| +17.80% | 66.73B | |
| +2.92% | 49.79B | |
| +19.98% | 42.5B | |
| +22.29% | 26.45B | |
| +12.04% | 19.66B | |
| +1.27% | 17.18B | |
| -22.98% | 15.82B | |
| +2.77% | 15.56B | |
| -9.25% | 15.41B |
- Stock Market
- Equities
- A357780 Stock
- Financials Soulbrain Co., Ltd.
