Company Valuation: Macrogen, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 291,718 193,743 209,560 164,455 182,894 135,409 -
Change - -33.59% 8.16% -21.52% 11.21% -25.96% -
Enterprise Value (EV) 1 291.7 181.6 220.9 164.5 219 212 191.9
Change - -37.76% 21.66% -25.54% 33.14% -3.17% -9.48%
P/E 259x -9.62x -12.5x -21.7x 90.2x 12.1x 5.62x
PBR - 1.07x 1.32x 1.11x 1.16x 0.82x 0.73x
PEG - 0x 0.8x 0.4x -1x 0x 0x
Capitalization / Revenue - 1.4x 1.58x 1.21x 0.94x 0.56x 0.47x
EV / Revenue - 1.31x 1.66x 1.21x 1.12x 0.88x 0.67x
EV / EBITDA - 11.2x 31x 37.9x 12.5x 9.22x 5.15x
EV / EBIT - 34.3x -439x -25.2x 1,317x 17.1x 7.13x
EV / FCF - -24.4x -11.9x -5.82x -16.9x 20.2x 8.72x
FCF Yield - -4.1% -8.44% -17.2% -5.91% 4.95% 11.5%
Dividend per Share 3 - 300 301.3 300 500 300 300
Rate of return - 1.57% 1.43% 1.82% 2.96% 2.4% 2.4%
EPS 3 114 -1,990 -1,683 -761 187 1,028 2,223
Distribution rate - -15.1% -17.9% -39.4% 267% 29.2% 13.5%
Net sales 1 - 138.6 132.8 135.8 195.3 241.1 287.4
EBITDA 1 - 16.26 7.131 4.334 17.53 23 37.3
EBIT 1 - 5.293 -0.5032 -6.524 0.1663 12.4 26.9
Net income 1 1.112 -20.01 -6.879 -8.018 -3.368 11.1 24.1
Net Debt 1 - -12.19 11.31 - 36.06 76.6 56.5
Reference price 3 29,500.00 19,150.00 21,000.00 16,480.00 16,870.00 12,490.00 12,490.00
Nbr of stocks (in thousands) 9,889 10,117 9,979 9,979 10,841 10,841 -
Announcement Date 3/23/22 2/16/23 2/15/24 2/14/25 2/13/26 - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.15x0.88x9.22x2.4% 97.87M
34.52x6.15x18.3x0.93% 51.21B
-21.75x300.18x-21.99x-.--% 45.35B
33.51x3.25x14.04x-.--% 42.84B
48.73x5.66x30.94x-.--% 42.29B
29.46x8.52x21.53x0.39% 32.15B
35.26x5.79x26.29x-.--% 17.31B
24.42x2.12x9.17x1.1% 14.84B
79.87x4.18x16.23x-.--% 14.25B
Average 30.69x 37.42x 13.75x 0.54% 28.93B
Weighted average by Cap. 28.18x 56.74x 12.93x 0.29%

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

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