Financials Dongkuk Steel Mill Company Limited

Equities

A460860

KR7460860000

Iron & Steel

End-of-day quote Korea S.E. 18:00:00 2024-05-23 EDT 5-day change 1st Jan Change
10,470 KRW -3.94% Intraday chart for Dongkuk Steel Mill Company Limited -4.38% -13.04%

Valuation

Fiscal Period: December 2023 2024 2025
Capitalization 1 519,396 519,396 -
Enterprise Value (EV) 1 519,396 519,396 519,396
P/E ratio 3.65 x 2.56 x 1.84 x
Yield 4.78% 8.6% 11.5%
Capitalization / Revenue 0.2 x 0.12 x 0.12 x
EV / Revenue 0.2 x 0.12 x 0.12 x
EV / EBITDA 1.65 x 1.12 x 0.96 x
EV / FCF 1.85 x 2.79 x 2.09 x
FCF Yield 54.1% 35.8% 47.9%
Price to Book 0.3 x 0.27 x 0.24 x
Nbr of stocks (in thousands) 49,608 49,608 -
Reference price 2 10,470 10,470 10,470
Announcement Date 3/12/24 - -
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2023 2024 2025
Net sales 1 2,632 4,193 4,443
EBITDA 1 314.3 463 543
EBIT 1 235.5 339 434
Operating Margin 8.95% 8.08% 9.77%
Earnings before Tax (EBT) 1 190.1 268 372
Net income 1 142.2 203 282
Net margin 5.4% 4.84% 6.35%
EPS 2 2,869 4,093 5,690
Free Cash Flow 3 280,779 186,000 249,000
FCF margin 10,667.48% 4,435.96% 5,604.32%
FCF Conversion (EBITDA) 89,343.3% 40,172.79% 45,856.35%
FCF Conversion (Net income) 197,494.14% 91,625.62% 88,297.87%
Dividend per Share 2 500.0 900.0 1,200
Announcement Date 3/12/24 - -
1KRW in Billions2KRW3KRW in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2023 2024 2025
Net Debt - - -
Net Cash position - - -
Leverage (Debt/EBITDA) - - -
Free Cash Flow 1 280,779 186,000 249,000
ROE (net income / shareholders' equity) 8.26% 11.2% 14.1%
ROA (Net income/ Total Assets) 4.03% 5.8% 7.9%
Assets 2 3,532 3,500 3,570
Book Value Per Share 3 34,736 38,110 42,901
Cash Flow per Share 3 7,031 6,610 7,886
Capex 2 67.6 4 4
Capex / Sales 2.57% 0.1% 0.09%
Announcement Date 3/12/24 - -
1KRW in Million2KRW in Billions3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
10,470 KRW
Average target price
16,000 KRW
Spread / Average Target
+52.82%
Consensus

Annual profits - Rate of surprise

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