Company Valuation: SurplusGLOBAL, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 109,803 152,693 122,158 126,568 88,022 74,457
Change - 39.06% -20% 3.61% -30.45% -15.41%
Enterprise Value (EV) 1 147,558 227,230 192,997 226,557 216,386 245,039
Change - 53.99% -15.07% 17.39% -4.49% 13.24%
P/E 9.63x 5.51x 4.76x 21.9x 19.2x -5.13x
PBR 0.82x 0.95x 0.66x 0.67x 0.46x 0.42x
PEG - 0x -0.61x -0.3x -1x 0x
Capitalization / Revenue 0.87x 0.74x 0.52x 0.76x 0.35x 0.36x
EV / Revenue 1.18x 1.1x 0.82x 1.36x 0.86x 1.18x
EV / EBITDA 7.56x 6.43x 5.14x 12x 10.6x -63.8x
EV / EBIT 9.45x 7.39x 6.05x 17.4x 15.3x -21x
EV / FCF -17.2x -4.58x -182x -7.57x -10.2x -5.56x
FCF Yield -5.82% -21.9% -0.55% -13.2% -9.79% -18%
Dividend per Share 2 30 50 50 30 - -
Rate of return 0.95% 1.14% 1.43% 0.82% - -
EPS 2 327 795.1 733.1 166.1 132.8 -421.3
Distribution rate 9.18% 6.29% 6.82% 18.1% - -
Net sales 1 125,560 206,637 234,921 166,035 251,619 208,411
EBITDA 1 19,515 35,358 37,583 18,936 20,325 -3,842
EBIT 1 15,621 30,752 31,905 13,033 14,157 -11,696
Net income 1 11,518 27,717 25,551 5,790 4,588 -14,521
Net Debt 1 37,756 74,537 70,839 99,989 128,363 170,582
Reference price 2 3,150.00 4,380.00 3,490.00 3,645.00 2,555.00 2,160.00
Nbr of stocks (in thousands) 34,858 34,861 35,002 34,724 34,451 34,471
Announcement Date 3/19/21 3/18/22 3/17/23 3/19/24 3/14/25 3/23/26
1KRW in Million2KRW
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 53.95M
35.59x12.43x28.39x0.63% 638B
28.05x9.29x22.86x0.44% 330B
31.05x9.4x27.28x0.48% 325B
30.8x12.07x24.98x0.58% 216B
37x13.85x26.94x0.26% 158B
30.84x6.96x21.21x1.57% 153B
34.89x3.86x17.55x1.48% 90.95B
57.49x8.54x45.49x0.16% 64.38B
36.61x9.72x27.41x0.16% 50.81B
Average 35.81x 9.57x 26.90x 0.64% 202.72B
Weighted average by Cap. 33.56x 10.52x 26.32x 0.62%

Y-o-Y evolution of P/E

Valuation ratios - P/E - SurplusGLOBAL, Inc.

Historical PBR trend

Valuation ratios - PBR - SurplusGLOBAL, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - SurplusGLOBAL, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - SurplusGLOBAL, Inc.

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