COWINTECH CO. LTD. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 19,410 KRW | -3.67% |
|
-8.01% | -30.80% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 232,748 | 216,581 | 294,456 | 223,749 | 304,155 | 209,732 | - | - |
| Enterprise Value (EV) 2 | 183.3 | 205.3 | 286.2 | 223.7 | 249.6 | 114.8 | 86.83 | 56.03 |
| P/E ratio | 11.5 x | 83.2 x | 38 x | 43.9 x | 23.9 x | 14.1 x | 10.5 x | 10.8 x |
| Yield | 1.87% | 0.85% | 0.32% | - | 0.89% | 1.31% | 1.04% | 1.31% |
| Capitalization / Revenue | 2.55 x | 4.76 x | 2.76 x | 1.11 x | 0.93 x | 0.55 x | 0.44 x | 0.41 x |
| EV / Revenue | 2.01 x | 4.51 x | 2.69 x | 1.11 x | 0.76 x | 0.3 x | 0.18 x | 0.11 x |
| EV / EBITDA | 8.57 x | 145 x | 33 x | 12.1 x | 10.9 x | 4.08 x | 1.85 x | 1.33 x |
| EV / FCF | -43.9 x | -337 x | -29.5 x | - | 126 x | 2.06 x | 3.18 x | 2.92 x |
| FCF Yield | -2.28% | -0.3% | -3.39% | - | 0.79% | 48.6% | 31.5% | 34.3% |
| Price to Book | 1.9 x | 2.13 x | 2.01 x | - | 1.81 x | 1.19 x | 1.05 x | 1.01 x |
| Nbr of stocks (in thousands) | 10,365 | 10,049 | 10,029 | 10,020 | 10,843 | 10,992 | - | - |
| Reference price 3 | 22,454 | 21,552 | 29,362 | 22,330 | 28,050 | 19,080 | 19,080 | 19,080 |
| Announcement Date | 2/24/20 | 2/17/21 | 2/28/22 | 3/9/23 | 2/21/24 | - | - | - |
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 | 91.1 | 45.53 | 106.5 | 201.2 | 328.6 | 377.9 | 478.1 | 510.8 |
| EBITDA 1 | 21.39 | 1.417 | 8.668 | 18.57 | 22.82 | 28.15 | 46.93 | 42.1 |
| EBIT 1 | 20.85 | 0.6286 | 6.654 | 14.78 | 20.97 | 22.42 | 41.3 | 37.9 |
| Operating Margin | 22.88% | 1.38% | 6.25% | 7.35% | 6.38% | 5.93% | 8.64% | 7.42% |
| Earnings before Tax (EBT) 1 | 19.23 | 2.158 | 9.568 | 10.54 | 25.67 | 28.6 | 42.33 | 37.6 |
| Net income 1 | 17.13 | 2.714 | 8.576 | 4.945 | 21.37 | 15.14 | 20.79 | 19.7 |
| Net margin | 18.81% | 5.96% | 8.05% | 2.46% | 6.5% | 4% | 4.35% | 3.86% |
| EPS 2 | 1,960 | 259.0 | 772.0 | 508.7 | 1,175 | 1,357 | 1,822 | 1,764 |
| Free Cash Flow 3 | -4,177 | -608.3 | -9,697 | - | 1,975 | 55,800 | 27,333 | 19,200 |
| FCF margin | -4,585.04% | -1,336.21% | -9,104.28% | - | 600.84% | 14,765.42% | 5,716.56% | 3,758.81% |
| FCF Conversion (EBITDA) | - | - | - | - | 8,652.12% | 198,223.8% | 58,238.64% | 45,605.7% |
| FCF Conversion (Net income) | - | - | - | - | 9,242.43% | 368,681.86% | 131,452.41% | 97,461.93% |
| Dividend per Share 2 | 419.6 | 183.0 | 94.26 | - | 250.0 | 250.0 | 198.0 | 250.0 |
| Announcement Date | 2/24/20 | 2/17/21 | 2/28/22 | 3/9/23 | 2/21/24 | - | - | - |
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 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 37.6 | 65.64 | 40.46 | 49.15 | 45.91 | 69.35 | 95.73 | 81.18 | 89.7 | 53.45 | 94.86 | 103 | 126.6 | 90.69 | 113.1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 3.561 | 5.013 | 2.526 | 1.284 | 5.959 | 7.234 | 12.63 | 4.847 | -1.893 | -0.5188 | 7.085 | 7.195 | 8.695 | 6.84 | 13.58 |
| Operating Margin | 9.47% | 7.64% | 6.24% | 2.61% | 12.98% | 10.43% | 13.19% | 5.97% | -2.11% | -0.97% | 7.47% | 6.99% | 6.87% | 7.54% | 12% |
| Earnings before Tax (EBT) 1 | 1.959 | 5.548 | 3.308 | 2.006 | -0.3231 | 9.968 | 4.633 | 8.471 | 2.408 | 3.932 | 8.4 | 5.9 | 11.5 | - | - |
| Net income 1 | 1.253 | 2.946 | 0.6334 | 1.044 | 0.3214 | 4.892 | 3.046 | 0.2766 | 3.601 | 1.788 | 3.94 | 3.35 | 6.05 | 3.07 | 7.15 |
| Net margin | 3.33% | 4.49% | 1.57% | 2.12% | 0.7% | 7.05% | 3.18% | 0.34% | 4.01% | 3.35% | 4.15% | 3.25% | 4.78% | 3.39% | 6.32% |
| EPS 2 | 224.3 | - | - | - | 33.01 | 488.3 | 302.9 | - | 335.0 | 164.0 | 1,686 | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/28/22 | 5/13/22 | 8/16/22 | 11/11/22 | 3/9/23 | 5/12/23 | 8/14/23 | 11/14/23 | 2/21/24 | 5/14/24 | - | - | - | - | - |
1KRW in Billions2KRW
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 49.5 | 11.3 | 8.25 | - | 54.5 | 94.9 | 123 | 154 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 2 | -4,177 | -608 | -9,697 | - | 1,975 | 55,800 | 27,333 | 19,200 |
| ROE (net income / shareholders' equity) | 28.1% | 2.68% | 7.75% | 5.88% | 8.94% | 8.85% | 10.5% | 9.7% |
| ROA (Net income/ Total Assets) | 22.6% | 2.23% | 3.61% | - | 2.92% | 4.4% | 7.9% | - |
| Assets 1 | 75.95 | 121.9 | 237.6 | - | 731.9 | 344 | 263.2 | - |
| Book Value Per Share 3 | 11,828 | 10,112 | 14,596 | - | 15,491 | 15,972 | 18,201 | 18,942 |
| Cash Flow per Share 3 | 960.0 | 487.0 | -979.0 | - | 2,745 | 5,067 | 5,924 | - |
| Capex 1 | 12.6 | 5.4 | 9.5 | - | 25.6 | 5.05 | 10.6 | - |
| Capex / Sales | 13.8% | 11.86% | 8.92% | - | 7.79% | 1.34% | 2.21% | - |
| Announcement Date | 2/24/20 | 2/17/21 | 2/28/22 | 3/9/23 | 2/21/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
19,080
KRW
Average target price
28,800
KRW
Spread / Average Target
+50.94%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -30.80% | 151M | |
| -13.38% | 13.1B | |
| +2.45% | 5.27B | |
| +0.57% | 4.78B | |
| +15.94% | 4.66B | |
| +6.62% | 4.03B | |
| +59.11% | 4.24B | |
| +8.14% | 3.72B | |
| -31.02% | 3.66B | |
| +1.28% | 3.33B |
- Stock Market
- Equities
- A282880 Stock
- Financials COWINTECH Co. Ltd.
