Financials Hanwha Aerospace Co., Ltd.

Equities

A012450

KR7012450003

Aerospace & Defense

End-of-day quote Korea S.E. 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
223,000 KRW +5.69% Intraday chart for Hanwha Aerospace Co., Ltd. +5.94% +79.12%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,807,178 1,442,372 2,427,332 3,721,909 6,295,892 11,276,979 - -
Enterprise Value (EV) 2 2,859 2,456 2,680 4,034 8,567 13,326 12,956 12,087
P/E ratio 13.7 x 11.9 x 9.62 x 18.9 x 7.73 x 19.2 x 14.6 x 12.2 x
Yield - - 1.46% 1.36% 1.45% 0.86% 1.01% 1.11%
Capitalization / Revenue 0.34 x 0.27 x 0.38 x 0.57 x 0.67 x 1.04 x 0.91 x 0.84 x
EV / Revenue 0.54 x 0.46 x 0.42 x 0.62 x 0.91 x 1.23 x 1.04 x 0.9 x
EV / EBITDA 7.45 x 5.02 x 4.32 x 6.38 x 8.32 x 10.6 x 8.39 x 7.05 x
EV / FCF 5.09 x 10 x 4.05 x 3.04 x 9.14 x 23.6 x 18 x 14.1 x
FCF Yield 19.6% 9.99% 24.7% 32.8% 10.9% 4.23% 5.56% 7.08%
Price to Book 0.73 x 0.56 x 0.84 x 1.3 x 1.78 x 2.87 x 2.44 x 2.1 x
Nbr of stocks (in thousands) 51,560 50,610 50,569 50,569 50,569 50,569 - -
Reference price 3 35,050 28,500 48,000 73,600 124,500 223,000 223,000 223,000
Announcement Date 2/21/20 2/26/21 2/25/22 2/24/23 2/7/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,264 5,321 6,415 6,540 9,366 10,865 12,438 13,423
EBITDA 1 384 489.6 620.5 632.6 1,030 1,255 1,544 1,715
EBIT 1 165.2 243.9 383 375.3 701.7 920.8 1,201 1,373
Operating Margin 3.14% 4.58% 5.97% 5.74% 7.49% 8.48% 9.66% 10.23%
Earnings before Tax (EBT) 1 156.3 171.8 405.3 171.8 1,240 883.1 1,176 1,397
Net income 1 132.2 121.4 252.6 156.9 998.4 558.9 784.2 925.8
Net margin 2.51% 2.28% 3.94% 2.4% 10.66% 5.14% 6.31% 6.9%
EPS 2 2,558 2,390 4,989 3,897 16,103 11,639 15,294 18,285
Free Cash Flow 3 561,306 245,358 661,728 1,325,011 936,855 564,133 720,456 855,525
FCF margin 10,662.9% 4,610.74% 10,315.17% 20,261.33% 10,002.76% 5,192.42% 5,792.49% 6,373.69%
FCF Conversion (EBITDA) 146,174.28% 50,115.33% 106,648.4% 209,453.88% 90,938.07% 44,935.18% 46,673.76% 49,875.99%
FCF Conversion (Net income) 424,572.05% 202,106.85% 261,966.56% 844,580.11% 93,834.09% 100,936.64% 91,865.76% 92,412.54%
Dividend per Share 2 - - 700.0 1,000 1,800 1,921 2,255 2,466
Announcement Date 2/21/20 2/26/21 2/25/22 2/24/23 2/7/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 1,974 1,378 1,671 1,398 2,518 1,927 1,798 1,982 3,442 1,848 2,462 2,714 3,765
EBITDA - - - - - - - - - - - - -
EBIT 1 81.3 66.4 112.9 64.4 176.6 228.5 83.1 104.3 289.5 37.4 204.5 254.9 370.7
Operating Margin 4.12% 4.82% 6.76% 4.61% 7.01% 11.86% 4.62% 5.26% 8.41% 2.02% 8.31% 9.39% 9.85%
Earnings before Tax (EBT) 1 42 57 46 111.4 54.62 654.5 344.3 13.7 227.1 56.2 197.4 268 361.8
Net income 1 30.2 40.4 25.7 88.7 89.69 408.8 269.6 -20.6 171.8 -12.6 128.8 181.1 246.1
Net margin 1.53% 2.93% 1.54% 6.35% 3.56% 21.21% 14.99% -1.04% 4.99% -0.68% 5.23% 6.67% 6.54%
EPS 596.0 - - - - 8,041 - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 2/25/22 4/29/22 7/29/22 10/31/22 2/24/23 4/27/23 7/27/23 10/31/23 2/7/24 4/30/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,052 1,014 253 312 2,271 2,049 1,679 810
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.74 x 2.071 x 0.4071 x 0.4937 x 2.204 x 1.632 x 1.088 x 0.4721 x
Free Cash Flow 2 561,306 245,358 661,728 1,325,011 936,855 564,133 720,456 855,525
ROE (net income / shareholders' equity) 6.02% 5.64% 8.72% 3.98% 23.2% 14.6% 18.3% 18%
ROA (Net income/ Total Assets) 2.05% 1.81% 2.46% 1.86% 4.71% 2.95% 3.79% 4.09%
Assets 1 6,437 6,696 10,256 8,416 21,186 18,946 20,683 22,649
Book Value Per Share 3 48,217 51,133 57,134 56,612 69,773 77,718 91,373 106,249
Cash Flow per Share 3 13,836 8,557 19,556 30,038 27,384 19,791 23,275 27,876
Capex 1 154 189 166 197 453 416 433 454
Capex / Sales 2.92% 3.56% 2.59% 3.01% 4.84% 3.82% 3.48% 3.38%
Announcement Date 2/21/20 2/26/21 2/25/22 2/24/23 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

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
223,000 KRW
Average target price
259,556 KRW
Spread / Average Target
+16.39%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. A012450 Stock
  4. Financials Hanwha Aerospace Co., Ltd.