Financials TYM Corporation

Equities

End-of-day quote Korea S.E. Other stock markets 18:00:00 2024-07-14 EDT			5-day change	1st Jan Change
4,225 ^KRW	-0.24%		+2.18%	-23.46%

03-21	TYM Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	TYM Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024
Capitalization ¹	148,852	192,362	260,619	423,576	236,957	181,366
Enterprise Value (EV) ¹	148,852	192,362	260,619	423,761	237,176	181,366
P/E ratio	21.1 x	-	-	4.3 x	3.97 x	2.22 x
Yield	-	-	-	-	2.9%	4.8%
Capitalization / Revenue	-	0.27 x	0.31 x	0.36 x	0.28 x	0.18 x
EV / Revenue	-	0.27 x	0.31 x	0.36 x	0.28 x	0.18 x
EV / EBITDA	-	-	-	3.07 x	2.55 x	1.44 x
EV / FCF	-	-	-	90.5 x	-26.2 x	5.93 x
FCF Yield	-	-	-	1.11%	-3.82%	16.9%
Price to Book	-	-	-	1.31 x	0.62 x	0.39 x
Nbr of stocks (in thousands)	34,617	36,640	44,298	44,123	42,927	42,927
Reference price ²	4,300	5,250	5,883	9,600	5,520	4,225
Announcement Date	20-03-19	21-02-22	22-02-22	23-02-23	24-02-22	-

¹KRW in Million²KRW

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024
Net sales ¹	-	713.3	840.6	1,167	837.9	1,016
EBITDA ¹	-	-	-	137.8	92.76	125.6
EBIT ¹	-	29.75	36.4	123.5	77.19	106.1
Operating Margin	-	4.17%	4.33%	10.58%	9.21%	10.44%
Earnings before Tax (EBT) ¹	-	-	-	124.3	71.9	109.7
Net income ¹	4.502	-	-	98.99	60.61	85.8
Net margin	-	-	-	8.48%	7.23%	8.45%
EPS ²	203.3	-	-	2,230	1,390	1,904
Free Cash Flow ³	-	-	-	4,682	-9,050	30,600
FCF margin	-	-	-	401.11%	-1,080.08%	3,012.11%
FCF Conversion (EBITDA)	-	-	-	3,398.33%	-	24,363.06%
FCF Conversion (Net income)	-	-	-	4,729.57%	-	35,664.34%
Dividend per Share ²	-	-	-	-	160.0	203.0
Announcement Date	20-03-19	21-02-22	22-02-22	23-02-23	24-02-22	-

¹KRW in Billions²KRW³KRW in Million

Estimates

Fiscal Period: December	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q3
Net sales ¹	300.4	390.2	232.1	243.3	-	176.5
EBITDA	-	-	-	-	-	-
EBIT	36.27	56.74	24.33	4.647	-	-
Operating Margin	12.07%	14.54%	10.48%	1.91%	-	-
Earnings before Tax (EBT)	-	-	-	-16.63	-	-
Net income ¹	-	54.16	32.16	-13.62	31.16	6.291
Net margin	-	13.88%	13.86%	-5.6%	-	3.56%
EPS	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-
Announcement Date	22-05-03	22-08-02	22-11-02	23-02-23	23-05-09	23-11-14

¹KRW in Billions

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024
Net Debt	-	-	-	185	219	-
Net Cash position	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	1.342 x	2.362 x	-
Free Cash Flow ¹	-	-	-	4,682	-9,050	30,600
ROE (net income / shareholders' equity)	-	-	21%	33.8%	16.9%	20.2%
ROA (Net income/ Total Assets)	-	-	-	-	7.41%	-
Assets ²	-	-	-	-	818.1	-
Book Value Per Share ³	-	-	-	7,340	8,938	10,705
Cash Flow per Share	-	-	-	-	-	-
Capex ²	-	-	-	16	24.1	25
Capex / Sales	-	-	-	1.37%	2.88%	2.46%
Announcement Date	20-03-19	21-02-22	22-02-22	23-02-23	24-02-22	-

¹KRW in Million²KRW in Billions³KRW

Estimates

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

4,225 KRW

Average target price

8,100 KRW

Spread / Average Target

+91.72%

	1st Jan change	Capi.
TYM CORPORATION	-23.46%	131M
DEERE & COMPANY	-7.05%	102B
THE TORO COMPANY	-1.13%	9.86B
ESCORTS KUBOTA LIMITED	+34.78%	5.26B
BUCHER INDUSTRIES AG	+1.93%	4.17B
TÜRK TRAKTÖR VE ZIRAAT MAKINELERI	+17.63%	2.56B
FIRST TRACTOR COMPANY LIMITED	+36.90%	1.86B
AG GROWTH INTERNATIONAL INC.	+7.50%	758M
JAIN IRRIGATION SYSTEMS LIMITED	+12.50%	597M
YAMABIKO CORPORATION	+51.47%	589M