Financials Doosan Fuel Cell Co., Ltd.

Equities

A336260

KR7336260005

Renewable Energy Equipment & Services

End-of-day quote Korea S.E. 18:00:00 2024-04-25 EDT 5-day change 1st Jan Change
17,990 KRW -0.17% Intraday chart for Doosan Fuel Cell Co., Ltd. -4.56% -22.46%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 486,125 3,503,914 3,143,699 1,922,241 1,519,198 1,178,033 - -
Enterprise Value (EV) 2 453.9 3,374 3,041 1,922 1,519 1,433 1,524 1,503
P/E ratio 53.1 x 264 x 452 x 624 x -223 x 103 x 37.4 x 27.2 x
Yield - - - - - - - 0.28%
Capitalization / Revenue 2.2 x 7.59 x 8.24 x 6.16 x 5.82 x 2.31 x 1.59 x 1.4 x
EV / Revenue 2.05 x 7.31 x 7.97 x 6.16 x 5.82 x 2.81 x 2.06 x 1.78 x
EV / EBITDA 21.5 x 101 x 119 x 98.3 x 89.1 x 27.4 x 16.9 x 12.8 x
EV / FCF 3.74 x -38 x - - - -24.1 x -18.2 x 14.7 x
FCF Yield 26.8% -2.63% - - - -4.15% -5.5% 6.81%
Price to Book 3.78 x 6.84 x 6.09 x 4.59 x - 2.71 x 2.51 x 2.16 x
Nbr of stocks (in thousands) 55,494 65,494 65,494 65,494 65,483 65,483 - -
Reference price 3 8,760 53,500 48,000 29,350 23,200 17,990 17,990 17,990
Announcement Date 20-03-10 21-03-19 22-02-08 23-02-08 24-03-04 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 221.2 461.8 381.4 312.1 260.9 511 738.8 842.2
EBITDA 1 21.12 33.35 25.5 19.56 17.04 52.36 90.09 117.5
EBIT 1 19.49 26.03 17.99 7.222 1.642 29.21 60.5 68.23
Operating Margin 8.81% 5.64% 4.72% 2.31% 0.63% 5.72% 8.19% 8.1%
Earnings before Tax (EBT) 1 16.01 18.27 18.63 4.277 -12.54 21.76 48.3 49.5
Net income 1 11.87 14.19 8.695 3.864 -8.5 16.79 37.52 36.8
Net margin 5.37% 3.07% 2.28% 1.24% -3.26% 3.29% 5.08% 4.37%
EPS 2 165.0 203.0 106.2 47.00 -104.0 174.3 480.7 662.4
Free Cash Flow 3 121,515 -88,840 - - - -59,522 -83,822 102,400
FCF margin 54,941.84% -19,236.2% - - - -11,648.13% -11,345.93% 12,158.25%
FCF Conversion (EBITDA) 575,356.73% - - - - - - 87,123.08%
FCF Conversion (Net income) 1,023,634.59% - - - - - - 278,260.87%
Dividend per Share 2 - - - - - - - 50.00
Announcement Date 20-03-10 21-03-19 22-02-08 23-02-08 24-03-04 - - -
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 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 122.7 131.2 51.25 74.12 29.6 157.2 49.89 45.6 116.2 49.6 116.2 - - -
EBITDA - - - 3.566 - - - - 0.8455 - - - - -
EBIT 1 7.637 7.847 -8.621 0.8103 -2.914 17.95 3.178 0.6609 -2.684 0.7 1.3 - - -
Operating Margin 6.23% 5.98% -16.82% 1.09% -9.85% 11.42% 6.37% 1.45% -2.31% 1.41% 1.12% - - -
Earnings before Tax (EBT) 1 9.122 6.873 -4.283 -0.5149 1.183 7.892 1.777 -2.905 -9.245 0.8 -0.4 - - -
Net income 1 6.734 4.641 -2.917 0.0809 1.089 5.611 1.868 -0.818 -9.265 0.9 -0.6 - - -
Net margin 5.49% 3.54% -5.69% 0.11% 3.68% 3.57% 3.74% -1.79% -7.97% 1.81% -0.52% - - -
EPS 2 82.00 70.86 -36.00 1.000 13.00 69.00 23.00 -10.00 -113.0 -14.18 -2.422 71.87 111.9 -
Dividend per Share 2 - - - - - - - - - - - - - -
Announcement Date 21-10-28 22-02-08 22-04-27 22-08-12 22-11-14 23-02-08 23-05-12 23-11-14 24-03-04 - - - - -
1KRW in Billions2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - 255 346 325
Net Cash position 1 32.2 130 102 - - - - -
Leverage (Debt/EBITDA) - - - - - 4.877 x 3.835 x 2.763 x
Free Cash Flow 2 121,515 -88,840 - - - -59,522 -83,822 102,400
ROE (net income / shareholders' equity) 7.12% 4.18% 1.69% 0.74% - 3.16% 7.65% 6.94%
ROA (Net income/ Total Assets) 2.39% 2.21% 1.17% 0.45% - 1.32% 2.4% 3.1%
Assets 1 495.8 643 744.5 863 - 1,270 1,563 1,187
Book Value Per Share 3 2,318 7,826 7,888 6,391 - 6,650 7,164 8,332
Cash Flow per Share 3 - -1,361 -2,753 - - 679.0 1,375 -
Capex 1 0.22 12.8 34.9 - - 68.2 52.4 86
Capex / Sales 0.1% 2.77% 9.16% - - 13.36% 7.1% 10.21%
Announcement Date 20-03-10 21-03-19 22-02-08 23-02-08 24-03-04 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
17,990 KRW
Average target price
28,100 KRW
Spread / Average Target
+56.20%
Consensus
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  4. Financials Doosan Fuel Cell Co., Ltd.