Company Valuation: KOREIT

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 594,051 298,736 254,405 215,447 271,248 261,937 - -
Change - -49.71% -14.84% -15.31% 25.9% -3.43% - -
Enterprise Value (EV) 594,182 298,963 254,405 215,447 271,248 261,937 261,937 261,937
Change - -49.69% -14.9% -15.31% 25.9% -3.43% 0% 0%
P/E 4.26x 12.4x -30.9x -13.2x - - - -
PBR 0.58x 0.29x 0.26x - 0.26x 0.27x 0.25x 0.23x
PEG - -0.2x 0x -0x - - - -
Capitalization / Revenue 2.62x 1.4x 0.93x - 1.47x 1.1x 1.02x 1x
EV / Revenue 0x 0x 0x - 0x 1.1x 1.02x 1x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x - -0x 7.02x 5.33x 6.01x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 100 100 70 - - 80 80 80
Rate of return 3.84% 7.63% 5.96% - - 6.78% 6.78% 6.78%
EPS 2 611 106 -38 -76 - - - -
Distribution rate 16.4% 94.3% -184% - - - - -
Net sales 1 226.8 212.9 272.3 - 184.4 237.8 256.3 260.9
EBITDA 99.43 63.2 - - - - - -
EBIT 1 90.74 53.27 33.55 - -20.88 37.29 49.1 43.6
Net income 154.2 24.1 - -16.46 - - - -
Net Debt 131.9 227.1 - - - - - -
Reference price 2 2,605.00 1,310.00 1,175.00 1,000.00 1,259.00 1,180.00 1,180.00 1,180.00
Nbr of stocks (in thousands) 228,042 228,042 216,514 215,447 215,447 221,981 - -
Announcement Date 2/9/22 2/7/23 2/7/24 3/18/25 2/6/26 - - -
1KRW in Billions2KRW
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - 6.78% 191M
23.37x13.39x15.65x5.33% 15.98B
8.39x13.84x17.87x6.27% 6.72B
22.88x14.63x16.04x4.21% 6.51B
12.33x14.69x15.66x5.18% 6.47B
10.02x14.44x15.5x7.08% 5.83B
8.49x13.86x17.79x5.86% 5.82B
8.38x16.35x19.69x8.3% 5.8B
12.73x12.23x13.07x5.43% 5.24B
Average 13.32x 14.18x 16.41x 6.05% 6.51B
Weighted average by Cap. 15.11x 14.07x 16.32x 5.83%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield