Company Valuation: Oricom Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 62,308 74,502 178,713 122,894 80,305 69,092
Change - 19.57% 139.88% -31.23% -34.66% -13.96%
Enterprise Value (EV) 1 22,597 24,260 90,839 26,543 -8,682 -24,697
Change - 7.36% 274.44% -70.78% -132.71% -184.45%
P/E 81x 12.1x 14.5x 12.5x 8.18x 8.9x
PBR 0.76x 0.77x 1.68x 1.04x 0.65x 0.53x
PEG - 0x 0.1x -0.6x -69.28x -0.4x
Capitalization / Revenue 0.47x 0.47x 0.94x 0.56x 0.37x 0.3x
EV / Revenue 0.17x 0.15x 0.48x 0.12x -0.04x -0.11x
EV / EBITDA 6.72x 2.76x 5.53x 1.87x -0.62x -2.26x
EV / EBIT 24.7x 3.68x 6.41x 2.18x -0.72x -2.77x
EV / FCF -2.92x 2.07x 4.95x 1.97x 2.04x -0.98x
FCF Yield -34.2% 48.2% 20.2% 50.8% 49% -102%
Dividend per Share 2 220 220 270 270 270 -
Rate of return 4.05% 3.43% 1.75% 2.55% 3.9% -
EPS 2 67 531 1,059 847 846 666.3
Distribution rate 328% 41.4% 25.5% 31.9% 31.9% -
Net sales 1 132,282 157,358 190,089 218,556 214,863 227,708
EBITDA 1 3,362 8,782 16,434 14,223 14,074 10,939
EBIT 1 916.7 6,595 14,175 12,170 12,000 8,920
Net income 1 766.5 6,147 12,286 9,835 9,821 7,759
Net Debt 1 -39,710 -50,243 -87,874 -96,351 -88,987 -93,789
Reference price 2 5,430.00 6,420.00 15,400.00 10,590.00 6,920.00 5,930.00
Nbr of stocks (in thousands) 11,475 11,605 11,605 11,605 11,605 11,651
Announcement Date 3/17/21 3/21/22 3/21/23 3/20/24 3/18/25 3/23/26
1KRW in Million2KRW
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 37.05M
9.12x1.03x5.75x4.37% 21.59B
13.36x5.91x10.75x6.57% 12.02B
15.77x1.23x4.73x3.03% 5.54B
16.96x0.6x5.84x1.42% 4.63B
9.3x0.66x3.97x5.03% 4.34B
-34.73x1.39x5.89x-.--% 3.3B
18.43x0.39x5.61x2.46% 2.93B
Average 6.89x 1.60x 6.08x 3.27% 6.8B
Weighted average by Cap. 9.26x 2.05x 6.62x 4.15%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA