Company Valuation: KZ Precision Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 127,418 142,695 187,425 200,498 197,505 237,352
Change - 11.99% 31.35% 6.97% -1.49% 20.18%
Enterprise Value (EV) 1 73,360 104,699 166,612 169,051 196,975 229,469
Change - 42.72% 59.13% 1.46% 16.52% 16.5%
P/E 9.56x 12.1x 12.1x 6.86x 10.3x 25.5x
PBR 0.45x 0.45x 0.55x 0.6x 0.41x 0.41x
PEG - -1x 0.4x 0.1x -0.3x -0.5x
Capitalization / Revenue 1.4x 1.81x 2.1x 1.45x 1.75x 2.15x
EV / Revenue 0.81x 1.33x 1.87x 1.22x 1.75x 2.08x
EV / EBITDA 5.47x 9x 11.1x 7.09x 10.7x 17.1x
EV / EBIT 7.1x 12.3x 13.9x 8.12x 13x 22.5x
EV / FCF 32.6x 11.1x 24.6x 65.7x 16x 20x
FCF Yield 3.06% 8.97% 4.07% 1.52% 6.26% 5%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 846.5 746.4 984.7 1,855 1,219 590.7
Distribution rate - - - - - -
Net sales 1 90,841 78,743 89,066 138,702 112,713 110,513
EBITDA 1 13,413 11,639 14,953 23,836 18,370 13,404
EBIT 1 10,335 8,533 11,970 20,810 15,203 10,180
Net income 1 13,333 11,755 15,510 29,214 19,199 9,303
Net Debt 1 -54,058 -37,996 -20,813 -31,447 -530.3 -7,883
Reference price 2 8,090.00 9,060.00 11,900.00 12,730.00 12,540.00 15,070.00
Nbr of stocks (in thousands) 15,750 15,750 15,750 15,750 15,750 15,750
Announcement Date 3/1/21 3/1/22 12/31/23 2/29/24 3/1/25 3/1/26
1KRW in Million2KRW
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 124M
35.01x6.02x22.33x0.77% 120B
31.02x5.73x19.81x1.95% 38.15B
34.34x4.39x16.19x0.1% 32.18B
21.04x1.74x12.77x2.31% 29.91B
26.85x3.23x14.07x1.42% 29.18B
23.62x3.46x14.93x1% 28.84B
23.9x3.72x12.5x1.52% 26.81B
112.3x38.8x90.97x0.34% 26.36B
25.9x3.35x16.01x1.75% 24B
Average 37.11x 7.83x 24.40x 1.24% 35.57B
Weighted average by Cap. 36.03x 7.12x 23.34x 1.13%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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