Financials Dongwon F&B Co., Ltd.

Equities

A049770

KR7049770001

Food Processing

End-of-day quote Korea S.E. 18:00:00 2024-05-09 EDT 5-day change 1st Jan Change
37,100 KRW +0.82% Intraday chart for Dongwon F&B Co., Ltd. -3.64% +13.46%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 872,162 690,783 750,600 605,882 630,967 715,868 - -
Enterprise Value (EV) 1 872,675 691,320 751,242 606,379 630,967 715,868 715,868 715,868
P/E ratio 13.3 x 8.86 x 10.8 x 6.67 x 5.8 x 5.39 x 5.29 x 4.57 x
Yield 1.33% 1.68% 1.8% 2.23% - 2.16% 2.07% 2.16%
Capitalization / Revenue 0.29 x 0.22 x 0.22 x 0.15 x 0.14 x 0.16 x 0.15 x 0.14 x
EV / Revenue 0.29 x 0.22 x 0.22 x 0.15 x 0.14 x 0.16 x 0.15 x 0.14 x
EV / EBITDA 5.41 x 3.79 x 3.65 x 2.89 x 2.49 x 2.66 x 2.46 x 2.27 x
EV / FCF -19.9 x 10.1 x 8.6 x 8.83 x - 7.16 x 6.17 x 5.55 x
FCF Yield -5.02% 9.89% 11.6% 11.3% - 14% 16.2% 18%
Price to Book 1.28 x 0.92 x 0.94 x 0.69 x - 0.66 x 0.6 x 0.53 x
Nbr of stocks (in thousands) 19,296 19,296 19,296 19,296 19,296 19,296 - -
Reference price 2 45,200 35,800 38,900 31,400 32,700 37,100 37,100 37,100
Announcement Date 20-02-10 21-02-10 22-02-10 23-02-14 24-02-14 - - -
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,030 3,170 3,491 4,024 4,361 4,589 4,793 4,982
EBITDA 1 161.2 182.1 205.6 210 253.8 269 291.5 315
EBIT 1 101.4 116.3 130.2 128.7 166.7 193.5 203.7 231.5
Operating Margin 3.35% 3.67% 3.73% 3.2% 3.82% 4.22% 4.25% 4.65%
Earnings before Tax (EBT) 1 87.04 103.3 96.27 118.6 146.8 179.5 182.3 213
Net income 1 65.66 77.93 69.12 90.82 108.8 132.5 135.3 156.5
Net margin 2.17% 2.46% 1.98% 2.26% 2.5% 2.89% 2.82% 3.14%
EPS 2 3,403 4,039 3,602 4,707 5,641 6,879 7,009 8,123
Free Cash Flow 3 -43,776 68,330 87,270 68,635 - 100,000 116,000 129,000
FCF margin -1,444.63% 2,155.35% 2,499.97% 1,705.81% - 2,179.19% 2,420.03% 2,589.32%
FCF Conversion (EBITDA) - 37,518.79% 42,444.58% 32,684.57% - 37,174.72% 39,794.17% 40,952.38%
FCF Conversion (Net income) - 87,680.33% 126,264.74% 75,571.45% - 75,471.7% 85,714.29% 82,428.12%
Dividend per Share 2 600.0 600.0 700.0 700.0 - 800.0 766.7 800.0
Announcement Date 20-02-10 21-02-10 22-02-10 23-02-14 24-02-14 - - -
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 1 965.1 887.7 947.9 964.2 1,115 996.8 1,081 1,052 1,207 1,021 1,119 1,101 1,284 1,071
EBITDA - - - - - - - - - - - - - -
EBIT 1 49.06 15.67 32.24 22.42 45.13 28.91 43.44 27.45 63.04 32.79 49.88 31.3 67.3 32.8
Operating Margin 5.08% 1.76% 3.4% 2.33% 4.05% 2.9% 4.02% 2.61% 5.22% 3.21% 4.46% 2.84% 5.24% 3.06%
Earnings before Tax (EBT) 1 26 12.08 28.47 - - 33.02 38.74 21.29 57.06 29.7 61.02 - - -
Net income 15.1 9.21 20.81 14.65 - 26.78 29.94 16.65 44.28 17.96 - - - -
Net margin 1.57% 1.04% 2.2% 1.52% - 2.69% 2.77% 1.58% 3.67% 1.76% - - - -
EPS - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 21-11-04 22-02-10 22-05-03 22-08-05 22-11-02 23-02-14 23-05-03 23-08-04 23-11-01 24-02-14 24-05-03 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 513 537 643 497 - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 3.183 x 2.946 x 3.126 x 2.364 x - - - -
Free Cash Flow 1 -43,776 68,330 87,270 68,635 - 100,000 116,000 129,000
ROE (net income / shareholders' equity) 10% 10.9% 8.99% 10.8% 11.7% 12.9% 11.8% 12.2%
ROA (Net income/ Total Assets) 4.41% 4.78% 3.84% 4.5% - 5.85% 5.8% 6.1%
Assets 2 1,489 1,629 1,800 2,018 - 2,265 2,333 2,566
Book Value Per Share 3 35,304 38,711 41,399 45,803 - 56,516 62,328 70,368
Cash Flow per Share 3 -2,362 8,099 8,270 6,583 - 10,728 10,885 -
Capex 2 178 87.9 72.3 58.4 - 100 88.7 106
Capex / Sales 5.87% 2.77% 2.07% 1.45% - 2.18% 1.85% 2.13%
Announcement Date 20-02-10 21-02-10 22-02-10 23-02-14 24-02-14 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
37,100 KRW
Average target price
45,500 KRW
Spread / Average Target
+22.64%
Consensus

Quarterly revenue - Rate of surprise

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  4. Financials Dongwon F&B Co., Ltd.
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