Financials CJ Corporation

Equities

A001040

KR7001040005

Food Processing

End-of-day quote Korea S.E. 18:00:00 2024-06-23 EDT 5-day change 1st Jan Change
117,000 KRW -6.77% Intraday chart for CJ Corporation -8.81% +23.94%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,913,178 2,925,224 2,675,258 2,693,920 2,967,314 3,645,753 - -
Enterprise Value (EV) 2 12,477 16,484 15,552 17,360 12,660 16,273 16,854 14,804
P/E ratio 11.7 x 35.7 x 10.2 x 14 x 16.3 x 9.23 x 7.6 x 5.88 x
Yield 1.92% 2.17% 2.76% 2.97% 3.18% 2.67% 2.61% 2.61%
Capitalization / Revenue 0.09 x 0.09 x 0.08 x 0.07 x 0.07 x 0.08 x 0.08 x 0.08 x
EV / Revenue 0.37 x 0.52 x 0.45 x 0.42 x 0.31 x 0.37 x 0.36 x 0.31 x
EV / EBITDA 3.01 x 4.27 x 3.6 x 3.22 x 2.48 x 2.96 x 2.96 x 2.52 x
EV / FCF 7.52 x 9.16 x 8.21 x 8.16 x 3.58 x 5.01 x 5.85 x 4.1 x
FCF Yield 13.3% 10.9% 12.2% 12.3% 27.9% 20% 17.1% 24.4%
Price to Book 0.63 x 0.54 x 0.45 x 0.58 x 0.57 x 0.71 x 0.68 x 0.62 x
Nbr of stocks (in thousands) 32,390 33,531 33,531 33,531 33,531 33,531 - -
Reference price 3 96,600 92,100 83,400 84,100 94,400 117,000 117,000 117,000
Announcement Date 2/14/20 2/15/21 2/14/22 2/13/23 2/13/24 - - -
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 33,780 31,999 34,484 40,925 41,353 43,944 46,262 47,956
EBITDA 1 4,143 3,859 4,317 5,388 5,099 5,501 5,691 5,873
EBIT 1 1,509 1,390 1,882 2,154 2,039 2,509 2,673 2,991
Operating Margin 4.47% 4.34% 5.46% 5.26% 4.93% 5.71% 5.78% 6.24%
Earnings before Tax (EBT) 1 597.1 513.7 1,301 1,056 985.9 1,417 1,657 2,034
Net income 1 267.1 248.9 275 202.1 524.7 475.4 485.2 551.2
Net margin 0.79% 0.78% 0.8% 0.49% 1.27% 1.08% 1.05% 1.15%
EPS 2 8,290 2,581 8,197 6,023 5,806 12,677 15,390 19,893
Free Cash Flow 3 1,659,784 1,798,648 1,895,079 2,128,244 3,538,066 3,248,667 2,883,000 3,611,250
FCF margin 4,913.55% 5,620.93% 5,495.53% 5,200.37% 8,555.83% 7,392.77% 6,231.87% 7,530.42%
FCF Conversion (EBITDA) 40,066.28% 46,608.27% 43,895.06% 39,496.9% 69,389.58% 59,053.42% 50,655.97% 61,489.02%
FCF Conversion (Net income) 621,295.17% 722,654.9% 689,183.77% 1,053,221.87% 674,343.82% 683,354.37% 594,170.46% 655,102.04%
Dividend per Share 2 1,850 2,000 2,300 2,500 3,000 3,120 3,057 3,050
Announcement Date 2/14/20 2/15/21 2/14/22 2/13/23 2/13/24 - - -
1KRW in Billions2KRW3KRW in Million
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 9,283 9,118 10,309 10,892 10,606 9,777 - 10,619 10,768 10,436 10,819 11,349 11,050
EBITDA - - - - - - - - - - - - -
EBIT 1 369.3 497.8 688 640 328.3 329.3 498.9 637.5 573.4 576.2 598.8 701.6 602.2
Operating Margin 3.98% 5.46% 6.67% 5.88% 3.1% 3.37% - 6% 5.32% 5.52% 5.54% 6.18% 5.45%
Earnings before Tax (EBT) 1 265.8 302.6 428.5 393.7 -68.57 127.2 157.7 507.5 193.5 309.4 392.5 - -
Net income 1 77.41 82.58 111.7 79.42 -71.59 10.9 12.33 137.3 34.27 - 74.5 - -
Net margin 0.83% 0.91% 1.08% 0.73% -0.68% 0.11% - 1.29% 0.32% - 0.69% - -
EPS 2,307 2,462 3,329 2,368 -2,136 180.0 366.0 - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 2/14/22 5/16/22 8/16/22 11/14/22 2/13/23 5/15/23 8/19/23 11/14/23 2/13/24 5/16/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 9,563 13,559 12,877 14,666 9,692 12,628 13,208 11,158
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.309 x 3.514 x 2.983 x 2.722 x 1.901 x 2.295 x 2.321 x 1.9 x
Free Cash Flow 2 1,659,784 1,798,648 1,895,079 2,128,244 3,538,066 3,248,667 2,883,000 3,611,250
ROE (net income / shareholders' equity) 2.39% 1.66% 5.07% 4.02% 2.95% 5.36% 6.58% 8.4%
ROA (Net income/ Total Assets) 0.9% 0.62% 0.67% 0.45% 0.41% 1.18% 1.45% 1.9%
Assets 1 29,743 40,183 40,991 45,095 128,538 40,175 33,463 29,013
Book Value Per Share 3 153,819 171,610 187,225 145,321 164,443 164,713 171,579 189,801
Cash Flow per Share 3 119,923 112,084 99,959 120,634 185,413 101,119 112,244 122,798
Capex 1 2,084 966 1,314 1,725 1,345 1,635 1,768 1,370
Capex / Sales 6.17% 3.02% 3.81% 4.22% 3.25% 3.72% 3.82% 2.86%
Announcement Date 2/14/20 2/15/21 2/14/22 2/13/23 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
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
117,000 KRW
Average target price
146,143 KRW
Spread / Average Target
+24.91%
Consensus
  1. Stock Market
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  4. Financials CJ Corporation