Financials Youngone Corporation

Equities

A111770

KR7111770004

Apparel & Accessories

End-of-day quote Korea S.E. 06:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
36,800 KRW -5.28% Intraday chart for Youngone Corporation -5.52% -19.30%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,502,413 1,390,554 1,914,754 2,059,512 2,000,292 1,614,271 - -
Enterprise Value (EV) 2 1,411 957.2 1,461 1,372 2,000 318.8 -188.4 -258.2
P/E ratio 9.03 x 9.42 x 6.42 x 3.06 x 3.88 x 4.99 x 3.43 x 4.04 x
Yield 1.17% 1.26% 1.15% 2.13% - 3.89% 4.08% 3.8%
Capitalization / Revenue 0.63 x 0.56 x 0.69 x 0.53 x 0.55 x 0.48 x 0.44 x 0.44 x
EV / Revenue 0.59 x 0.39 x 0.52 x 0.35 x 0.55 x 0.1 x -0.05 x -0.07 x
EV / EBITDA 4.6 x 2.79 x 2.76 x 1.5 x 2.72 x 0.63 x -0.27 x -0.38 x
EV / FCF 13.4 x 3.74 x 9.24 x 4.38 x - 0.71 x -0.48 x -0.7 x
FCF Yield 7.48% 26.8% 10.8% 22.8% - 141% -208% -142%
Price to Book 0.76 x 0.76 x 0.86 x 0.74 x - 0.46 x 0.4 x 0.38 x
Nbr of stocks (in thousands) 43,866 43,866 43,866 43,866 43,866 43,866 - -
Reference price 3 34,250 31,700 43,650 46,950 45,600 36,800 36,800 36,800
Announcement Date 2/26/20 3/19/21 3/10/22 3/8/23 2/27/24 - - -
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 2,388 2,466 2,793 3,905 3,604 3,337 3,643 3,642
EBITDA 1 306.6 343.5 529.1 916.1 735.4 508.3 705.2 674.8
EBIT 1 237.6 259.7 442 835.1 639.1 410.5 593.8 561
Operating Margin 9.95% 10.53% 15.83% 21.39% 17.73% 12.3% 16.3% 15.41%
Earnings before Tax (EBT) 1 233.6 249.4 451.3 881.5 683.6 424.6 647.6 545.3
Net income 1 166.3 147.7 334.3 742.5 516.6 327.1 475.2 403.3
Net margin 6.96% 5.99% 11.97% 19.02% 14.33% 9.8% 13.04% 11.08%
EPS 2 3,791 3,366 6,795 15,363 11,762 7,381 10,723 9,103
Free Cash Flow 3 105,557 256,092 158,176 313,174 - 451,000 391,150 366,500
FCF margin 4,419.82% 10,383.34% 5,664.29% 8,020.61% - 13,515.81% 10,736.11% 10,064.4%
FCF Conversion (EBITDA) 34,425.52% 74,546.7% 29,895.11% 34,186.44% - 88,721.31% 55,469.16% 54,316.41%
FCF Conversion (Net income) 63,479.74% 173,431.41% 47,315.21% 42,176.05% - 137,878.32% 82,317.66% 90,867.77%
Dividend per Share 2 400.0 400.0 500.0 1,000 - 1,433 1,501 1,400
Announcement Date 2/26/20 3/19/21 3/10/22 3/8/23 2/27/24 - - -
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 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 795.2 751.5 766.4 945.6 1,162 1,030 840.6 1,008 998.8 757.3 709.7 880.6 984.3 782.3
EBITDA 156.8 180.5 - - - - - - - - - - - -
EBIT 1 140.3 123.3 145.9 208.1 275.9 205.2 167.2 210.6 179.9 79.49 71.04 135 146.3 94.3
Operating Margin 17.64% 16.41% 19.03% 22.01% 23.74% 19.92% 19.89% 20.89% 18.02% 10.5% 10.01% 15.33% 14.86% 12.05%
Earnings before Tax (EBT) 1 156.5 - 145.9 248.7 324.5 162.5 184.2 228.3 210.9 58.26 105.2 142.1 161 65.6
Net income 1 115.4 71.46 - 171 226.5 177.6 134.7 155.7 157.9 67.59 85.12 107.3 126.7 64.1
Net margin 14.51% 9.51% - 18.09% 19.49% 17.23% 16.03% 15.45% 15.81% 8.93% 11.99% 12.19% 12.87% 8.19%
EPS - - 2,253 - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/12/21 3/10/22 5/16/22 8/16/22 11/14/22 3/8/23 5/15/23 8/14/23 11/14/23 2/27/24 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 91.2 433 454 688 - 1,296 1,803 1,873
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2 105,557 256,092 158,176 313,174 - 451,000 391,150 366,500
ROE (net income / shareholders' equity) 9.55% 8.03% 15.1% 26.8% 15.5% 9.78% 11.7% 10.1%
ROA (Net income/ Total Assets) 6.03% 4.88% 10.5% 16.7% - 6.5% 8.53% 7.77%
Assets 1 2,757 3,026 3,178 4,437 - 5,032 5,572 5,193
Book Value Per Share 3 44,887 41,828 50,585 63,517 - 80,106 92,680 96,008
Cash Flow per Share 3 5,160 7,890 6,551 10,459 - 11,043 13,686 14,948
Capex 1 126 90 129 146 - 131 170 168
Capex / Sales 5.28% 3.65% 4.63% 3.73% - 3.92% 4.66% 4.6%
Announcement Date 2/26/20 3/19/21 3/10/22 3/8/23 2/27/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
36,800 KRW
Average target price
61,600 KRW
Spread / Average Target
+67.39%
Consensus

Quarterly revenue - Rate of surprise

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