Financials Korea Petroleum Industries Company

Equities

A004090

KR7004090007

Construction Materials

End-of-day quote Korea S.E. Other stock markets 06:00:00 2024-06-09 pm EDT			5-day change	1st Jan Change
19,740 ^KRW	-0.65%		+42.94%	+74.84%

May. 16	Korea Petroleum Industries Company Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
May. 09	Korea Petroleum Industries Company announced that it has received KRW 9.64682602 billion in funding from KB Securities Co.,Ltd, Shinhan Investment & Securities Co., Ltd. and other investors	CI

Valuation

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	126,528	137,667	242,290	-	-
Enterprise Value (EV) ²	126.5	230.7	338.2	331.1	319.6
P/E ratio	11.4 x	-	-	-	-
Yield	-	1.06%	0.61%	0.66%	0.66%
Capitalization / Revenue	-	0.2 x	0.34 x	0.32 x	0.29 x
EV / Revenue	-	0.34 x	0.47 x	0.43 x	0.39 x
EV / EBITDA	-	11.2 x	12.9 x	10.9 x	9.18 x
EV / FCF	-	-395 x	65 x	32.8 x	21.7 x
FCF Yield	-	-0.25%	1.54%	3.05%	4.6%
Price to Book	-	0.77 x	1.34 x	1.23 x	1.13 x
Nbr of stocks (in thousands)	12,284	12,194	12,194	-	-
Reference price ³	10,300	11,290	19,740	19,740	19,740
Announcement Date	3/16/23	2/7/24	-	-	-

¹KRW in Million²KRW in Billions³KRW

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	679.2	715.4	764.7	829.8
EBITDA ¹	-	20.56	26.3	30.3	34.8
EBIT ¹	-	15.19	20.4	24	28
Operating Margin	-	2.24%	2.85%	3.14%	3.37%
Earnings before Tax (EBT)	-	-	-	-	-
Net income	11.13	-	-	-	-
Net margin	-	-	-	-	-
EPS	906.0	-	-	-	-
Free Cash Flow ²	-	-584.7	5,200	10,100	14,700
FCF margin	-	-86.08%	726.87%	1,320.78%	1,771.51%
FCF Conversion (EBITDA)	-	-	19,771.86%	33,333.33%	42,241.38%
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share ³	-	120.0	120.0	130.0	130.0
Announcement Date	3/16/23	2/7/24	-	-	-

¹KRW in Billions²KRW in Million³KRW

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	-	172.4	165.9	174.5	183.2	191.8
EBITDA	-	-	-	-	-	-
EBIT ¹	-	3.053	-	4.1	6.1	8.1
Operating Margin	-	1.77%	-	2.35%	3.33%	4.22%
Earnings before Tax (EBT)	-	-	-	-	-	-
Net income	2.551	-	0.8161	-	-	-
Net margin	-	-	0.49%	-	-	-
EPS	209.0	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-
Announcement Date	11/14/23	2/7/24	5/16/24	-	-	-

¹KRW in Billions

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	-	93	95.9	88.8	77.3
Net Cash position ¹	-	-	-	-	-
Leverage (Debt/EBITDA)	-	4.523 x	3.646 x	2.931 x	2.221 x
Free Cash Flow ²	-	-585	5,200	10,100	14,700
ROE (net income / shareholders' equity)	-	8.65%	8.3%	9.2%	9.8%
ROA (Net income/ Total Assets)	-	4.24%	4.2%	4.7%	5.3%
Assets	-	-	-	-	-
Book Value Per Share ³	-	14,613	14,716	16,018	17,546
Cash Flow per Share	-	-	-	-	-
Capex ¹	-	5.96	11.4	8.3	5
Capex / Sales	-	0.88%	1.59%	1.09%	0.6%
Announcement Date	3/16/23	2/7/24	-	-	-

¹KRW in Billions²KRW in Million³KRW

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Korea Petroleum Industries Company

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

19,740 KRW

Average target price

20,000 KRW

Spread / Average Target

+1.32%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

Sector Tile & Paving Material Manufacturing

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Tile & Paving Material Manufacturing