Company Valuation: Protec Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 262,271 193,980 410,850 196,650 307,350 537,300 - -
Change - -26.04% 111.8% -52.14% 56.29% 74.82% - -
Enterprise Value (EV) 1 176.9 194 349.5 186.5 286 396.1 355 289.9
Change - 9.64% 80.18% -46.65% 53.36% 38.51% -10.38% -18.32%
P/E 5.63x 4.58x 19.9x 9.07x 6.45x 6.83x 7.77x 7.03x
PBR 1.05x - 1.44x 0.65x 1.27x 1.27x 1.12x 0.97x
PEG - -1.49x -0.4x 1.75x 0x 0.1x -0.6x 0.7x
Capitalization / Revenue 1.51x - 2.63x 1.15x 1.34x 1.9x 1.72x 1.58x
EV / Revenue 1.02x - 2.24x 1.09x 1.24x 1.4x 1.14x 0.85x
EV / EBITDA 3.43x - 14x 8.45x 5.2x 4.65x 3.67x 2.69x
EV / EBIT 3.59x - 19.2x 13.9x 6.18x 5.31x 4.23x 3.11x
EV / FCF 11.2x - 19.4x 13.8x -42.1x 11.5x 7.6x 4.87x
FCF Yield 8.97% - 5.15% 7.23% -2.37% 8.68% 13.2% 20.5%
Dividend per Share 3 350 - 400 400 400 400 400 400
Rate of return 1.3% - 0.88% 1.83% 1.17% 0.67% 0.67% 0.67%
EPS 3 4,773 4,626 2,290 2,409 5,293 8,744 7,680 8,492
Distribution rate 7.33% - 17.5% 16.6% 7.56% 4.57% 5.21% 4.71%
Net sales 1 174 - 156.1 170.3 230.2 282.5 312.6 341
EBITDA 1 51.59 - 25.03 22.08 54.98 85.2 96.75 107.6
EBIT 1 49.25 - 18.18 13.44 46.25 74.6 83.95 93.3
Net income 1 46.62 43.51 15.41 21.68 35.3 78.7 69.1 76.45
Net Debt 1 -85.34 - -61.34 -10.19 -21.39 -141.2 -182.3 -247.4
Reference price 3 26,850.00 21,200.00 45,650.00 21,850.00 34,150.00 59,700.00 59,700.00 59,700.00
Nbr of stocks (in thousands) 9,768 9,150 9,000 9,000 9,000 9,000 - -
Announcement Date 2/7/22 3/16/23 2/5/24 3/20/25 1/30/26 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.55x1.33x4.4x0.7% 384M
33.28x11.58x26.29x0.67% 593B
29.02x8.77x25.41x0.51% 303B
24.11x7.96x19.1x0.55% 288B
27.48x10.98x22.44x0.6% 204B
34.97x13.45x24.81x0.28% 163B
26.87x6.34x18.47x1.81% 143B
29.23x3.46x15.5x1.93% 82.55B
51.1x7.21x38.2x0.18% 53.09B
29.19x7.92x21.99x0.19% 42.05B
Average 29.18x 7.90x 21.66x 0.74% 187.16B
Weighted average by Cap. 30.43x 9.70x 23.65x 0.7%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Protec Co., Ltd.

Historical PBR trend

Valuation ratios - PBR - Protec Co., Ltd.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Protec Co., Ltd.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Protec Co., Ltd.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Protec Co., Ltd.
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