Financials Humedix Co., Ltd.

Equities

End-of-day quote Korea S.E. Other stock markets 18:00:00 2024-05-16 EDT			5-day change	1st Jan Change
33,950 ^KRW	+2.72%		-4.10%	+0.59%

2023	Tranche Update on Humedix Co., Ltd.'s Equity Buyback Plan announced on September 27, 2022.	CI
2023	Humedix Co., Ltd.'s Equity Buyback announced on September 27, 2022, has expired with 145,877 shares, representing 1.58% for KRW 2,992.33 million.	CI

Fiscal Period: December	2020	2021	2022	2023	2024
Capitalization ¹	225,466	225,208	252,646	352,385	352,385
Enterprise Value (EV) ¹	225,443	225,178	252,646	352,385	352,385
P/E ratio	15 x	19.6 x	12.2 x	13 x	9.6 x
Yield	1.68%	1.67%	-	1.77%	1.77%
Capitalization / Revenue	2.29 x	2.03 x	-	2.29 x	1.97 x
EV / Revenue	2.29 x	2.03 x	-	2.29 x	1.97 x
EV / EBITDA	8.41 x	8.15 x	-	7.05 x	5.87 x
EV / FCF	37.1 x	41.4 x	-	11 x	9.79 x
FCF Yield	2.69%	2.42%	-	9.08%	10.2%
Price to Book	1.88 x	1.79 x	-	2.02 x	1.47 x
Nbr of stocks (in thousands)	9,493	9,403	9,121	10,380	10,380
Reference price ²	23,750	23,950	27,700	33,950	33,950
Announcement Date	21-02-15	22-02-07	23-03-22	-	-

¹KRW in Million²KRW

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024
Net sales ¹	98.48	111	-	154	179
EBITDA ¹	26.8	27.64	-	50	60
EBIT ¹	16.64	15.99	-	40.2	47.3
Operating Margin	16.9%	14.41%	-	26.1%	26.42%
Earnings before Tax (EBT) ¹	20.31	11.34	-	36.6	51.6
Net income ¹	15.08	9.363	21.09	29.3	39.7
Net margin	15.32%	8.44%	-	19.03%	22.17%
EPS ²	1,587	1,224	2,274	2,607	3,537
Free Cash Flow ³	6,070	5,441	-	32,000	36,000
FCF margin	6,163.92%	4,902.38%	-	20,779.22%	20,106.12%
FCF Conversion (EBITDA)	22,651.18%	19,683.42%	-	64,000%	60,000%
FCF Conversion (Net income)	40,243%	58,117.61%	-	109,215.02%	90,680.1%
Dividend per Share ²	400.0	400.0	-	600.0	600.0
Announcement Date	21-02-15	22-02-07	23-03-22	-	-

¹KRW in Billions²KRW³KRW in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024
Net Debt	-	-	-	-	-
Net Cash position	23.2	29.6	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow ¹	6,070	5,441	-	32,000	36,000
ROE (net income / shareholders' equity)	13%	7.38%	-	19.5%	18.5%
ROA (Net income/ Total Assets)	9.61%	4.77%	-	13.3%	16.7%
Assets ²	157	196.2	-	220.3	237.7
Book Value Per Share ³	12,633	13,399	-	16,828	23,069
Cash Flow per Share ³	-	1,935	-	3,449	4,518
Capex ²	17.7	13.7	-	2	10
Capex / Sales	17.96%	12.38%	-	1.3%	5.59%
Announcement Date	21-02-15	22-02-07	23-03-22	-	-

¹KRW in Million²KRW in Billions³KRW

Estimates

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

33,950 KRW

Average target price

56,000 KRW

Spread / Average Target

+64.95%