Projected Income Statement: NC Corporation

Forecast Balance Sheet: NC Corporation

Forecast Balance Sheet - NC Corporation
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -1,289 -1,807 -1,476 -1,059 -638 -1,286 -1,558 -1,968
Change - -40.19% 18.32% 28.25% 39.75% -101.54% -21.15% -26.32%
Announcement Date 2/15/22 2/8/23 2/7/24 2/11/25 2/10/26 - - -
1KRW in Billions
Estimates

Cash Flow Forecast: NC Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 286.6 249.7 117.4 84.19 103.5 148 149.3 131.1
Change - -12.86% -52.98% -28.29% 22.89% 43.06% 0.87% -12.18%
Free Cash Flow (FCF) 1 104,526 486,308 22,500 22,854 58,507 375,164 402,091 483,811
Change - 365.25% -95.37% 1.58% 156.01% 541.22% 7.18% 20.32%
Announcement Date 2/15/22 2/8/23 2/7/24 2/11/25 2/10/26 - - -
1KRW in Million
Estimates

Forecast Financial Ratios: NC Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 20.39% 25.85% 14% -0% 7.41% 22.45% 21.37% 22.01%
EBIT Margin (%) 16.31% 21.74% 7.71% -6.92% 1.07% 18.08% 17.85% 18.2%
EBT Margin (%) 21.36% 24.26% 11.59% 7.66% 30.62% 23.58% 21.44% 21.32%
Net margin (%) 17.26% 17.59% 11.92% 5.97% 23.01% 16.63% 15.44% 15.66%
FCF margin (%) 4,544.6% 18,909.32% 1,264.14% 1,448.18% 3,882.57% 13,453.88% 13,023.97% 14,634.1%
FCF / Net Income (%) 26,336.04% 107,514.25% 10,606.04% 24,257.3% 16,876.98% 80,922.48% 84,325.42% 93,432.93%

Profitability

        
ROA 9.16% 10.01% 4.8% 2.26% 8.37% 10.06% 9.48% 9.58%
ROE 12.57% 14.22% 6.58% 2.99% 10.79% 12.86% 12.36% 11.96%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 12.46% 9.71% 6.6% 5.33% 6.87% 5.31% 4.84% 3.97%
CAPEX / EBITDA (%) 61.11% 37.55% 47.12% -219,237.53% 92.65% 23.64% 22.63% 18.02%
CAPEX / FCF (%) 0.27% 0.05% 0.52% 0.37% 0.18% 0.04% 0.04% 0.03%

Items per share

        
Cash flow per share 1 19,035 36,244 6,889 5,371 8,352 26,498 29,458 30,332
Change - 90.4% -80.99% -22.04% 55.49% 217.27% 11.17% 2.97%
Dividend per Share 1 5,860 5,860 3,130 1,460 1,150 2,974 4,074 5,114
Change - 0% -46.59% -53.35% -21.23% 158.63% 36.98% 25.53%
Book Value Per Share 1 153,264 157,391 160,025 150,608 173,505 184,925 204,808 227,623
Change - 2.69% 1.67% -5.88% 15.2% 6.58% 10.75% 11.14%
EPS 1 19,318 21,456 10,446 4,728 17,876 22,694 22,931 24,628
Change - 11.07% -51.31% -54.74% 278.09% 26.95% 1.04% 7.4%
Nbr of stocks (in thousands) 20,529 20,307 20,307 19,774 19,393 19,472 19,472 19,472
Announcement Date 2/15/22 2/8/23 2/7/24 2/11/25 2/10/26 - - -
1KRW
Estimates
2026 *2027 *
P/E 9.12x 9.03x
PBR 1.12x 1.01x
EV / Sales 0.98x 0.8x
Yield 1.44% 1.97%

EPS & Dividend

EPS & Dividend - NC Corporation


Y-o-Y evolution of P/E

Valuation ratios - P/E - NC Corporation
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - NC Corporation
Trader
Investor
Global
Quality
ESG MSCI
AAA
MarketScreener Ratings - NC Corporation
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
207,000.00KRW
Average target price
346,391.30KRW
Spread / Average Target
+67.34%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - NC Corporation
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