Financials HPSP Co., Ltd.

Equities

End-of-day quote Korea S.E. Other stock markets 18:00:00 2024-05-13 EDT			5-day change	1st Jan Change
36,850 ^KRW	+0.14%		-4.29%	-15.96%

05-14	HPSP Co., Ltd. announces an Equity Buyback for KRW 40,000 million worth of its shares.	CI
05-14	HPSP Co., Ltd. authorizes a Buyback Plan.	CI

Fiscal Period: December	2023	2024	2025
Capitalization ¹	3,056,123	3,056,123	-
Enterprise Value (EV) ²	3,056	2,780	2,666
P/E ratio	38.6 x	35.8 x	20.9 x
Yield	0.09%	0.26%	0.26%
Capitalization / Revenue	17.1 x	15.7 x	9.41 x
EV / Revenue	17.1 x	14.3 x	8.21 x
EV / EBITDA	31.7 x	25.5 x	13.8 x
EV / FCF	48.8 x	57.3 x	22.3 x
FCF Yield	2.05%	1.74%	4.49%
Price to Book	10.9 x	8.58 x	6.04 x
Nbr of stocks (in thousands)	82,934	82,934	-
Reference price ³	36,850	36,850	36,850
Announcement Date	24-03-21	-	-

¹KRW in Million²KRW in Billions³KRW

Estimates

Fiscal Period: December	2023	2024	2025
Net sales ¹	179.1	194.5	324.8
EBITDA ¹	96.54	109	192.6
EBIT ¹	95.21	102.8	183.3
Operating Margin	53.16%	52.83%	56.43%
Earnings before Tax (EBT) ¹	104.2	109.9	188.7
Net income ¹	80.43	84.62	144.5
Net margin	44.91%	43.5%	44.47%
EPS ²	955.0	1,029	1,760
Free Cash Flow ³	57,891	48,500	119,800
FCF margin	32,518.57%	24,933.17%	36,879.98%
FCF Conversion (EBITDA)	58,746.85%	44,495.41%	62,210.68%
FCF Conversion (Net income)	69,400.02%	57,311.67%	82,931.17%
Dividend per Share ²	34.03	95.00	95.00
Announcement Date	24-03-21	-	-

¹KRW in Billions²KRW³KRW in Million

Estimates

Fiscal Period: December	2023	2024	2025
Net Debt ¹	-	-	-
Net Cash position ¹	233	276	390
Leverage (Debt/EBITDA)	-	-	-
Free Cash Flow ²	57,891	48,500	119,800
ROE (net income / shareholders' equity)	35.3%	27.2%	34.7%
ROA (Net income/ Total Assets)	27.5%	23.8%	30.4%
Assets ¹	302.8	355.9	474.7
Book Value Per Share ³	3,368	4,297	6,096
Cash Flow per Share ³	654.0	1,084	1,546
Capex ¹	18.4	18.2	16.3
Capex / Sales	10.36%	9.34%	5.01%
Announcement Date	24-03-21	-	-

¹KRW in Billions²KRW in Million³KRW

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

36,850 KRW

Average target price

54,750 KRW

Spread / Average Target

+48.58%

	1st Jan change	Capi.
HPSP CO., LTD.	-15.96%	2.24B
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ASM INTERNATIONAL N.V.	+35.16%	33.06B
GLOBALFOUNDRIES, INC.	-11.75%	30.11B
NAURA TECHNOLOGY GROUP CO., LTD.	+18.55%	21.38B
ADVANCED MICRO-FABRICATION EQUIPMENT INC. CHINA	-14.54%	11.25B
HANMI SEMICONDUCTOR CO., LTD.	+129.82%	10.03B
KOKUSAI ELECTRIC CORPORATION	+22.35%	5.76B
ACM RESEARCH (SHANGHAI), INC.	-25.66%	4.68B