Company Valuation: Neosem Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 125,833 126,008 122,244 309,085 371,442 465,790
Change - 0.14% -2.99% 152.84% 20.17% 25.4%
Enterprise Value (EV) 1 110,134 119,690 106,204 272,143 312,296 421,100
Change - 8.68% -11.27% 156.25% 14.75% 34.84%
P/E 16.4x 24.6x 12.3x 38.1x 19.3x 89.1x
PBR 3.03x 2.58x 1.96x 3.74x 3.2x 3.91x
PEG - -0.7x 0.1x -1.6x 0x -1.2x
Capitalization / Revenue 2.59x 3.39x 1.64x 3.06x 3.53x 7.29x
EV / Revenue 2.26x 3.22x 1.42x 2.7x 2.97x 6.59x
EV / EBITDA 8.38x 20.3x 10.9x 28.5x 17.2x 69.9x
EV / EBIT 9.17x 24.7x 12.7x 33.7x 19x 104x
EV / FCF 10.2x -11.6x 64.1x 169x 36.8x -29.3x
FCF Yield 9.84% -8.59% 1.56% 0.59% 2.71% -3.42%
Dividend per Share 2 - 15 35 30 60 -
Rate of return - 0.41% 1.04% 0.38% 0.69% -
EPS 2 221.1 147 273 206.3 452 123
Distribution rate - 10.2% 12.8% 14.5% 13.3% -
Net sales 1 48,638 37,176 74,673 100,931 105,237 63,937
EBITDA 1 13,146 5,900 9,786 9,560 18,209 6,022
EBIT 1 12,009 4,849 8,365 8,087 16,467 4,055
Net income 1 8,076 5,644 9,999 8,282 19,215 5,342
Net Debt 1 -15,700 -6,318 -16,041 -36,942 -59,146 -44,690
Reference price 2 3,615.00 3,620.00 3,365.00 7,850.00 8,740.00 10,960.00
Nbr of stocks (in thousands) 34,809 34,809 36,328 39,374 42,499 42,499
Announcement Date 3/17/21 3/21/22 3/21/23 3/19/24 3/18/25 3/18/26
1KRW in Million2KRW
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 362M
31.23x12.26x25.44x0.57% 220B
32.53x12.11x23.52x0.3% 141B
37.49x9.96x28.08x0.16% 52.04B
47.65x19.03x37.38x1.48% 34.6B
84.82x23.78x72.93x0.14% 25.18B
54.68x3.02x14.68x0.14% 12.95B
28.59x7.84x15.33x1.91% 10.34B
70.22x36.94x79.92x0.41% 10.6B
51.13x3.15x16.95x0.29% 8.1B
Average 48.70x 14.23x 34.92x 0.6% 51.45B
Weighted average by Cap. 37.60x 13.05x 28.83x 0.5%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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