TSE CO., LTD |
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Other stock markets
|
5-day change | 1st Jan Change | ||
| 58,000 KRW | -1.19% |
|
+1.05% | +17.29% |
| May. 29 | Definity Financial Renews Normal Course Issuer Bid | MT |
| May. 27 | Tse Sui Luen Jewellery Hires New CFO | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 140,963 | 665,544 | 784,560 | 401,899 | 528,346 | 619,756 | - | - |
| Enterprise Value (EV) 2 | 141 | 636.8 | 738.3 | 328.8 | 487.9 | 587.8 | 555.8 | 619.8 |
| P/E ratio | - | 24.2 x | 17.1 x | 8.01 x | 4,495 x | 21.9 x | 16.8 x | - |
| Yield | - | 0.4% | 0.68% | 1.35% | - | 0.86% | 0.86% | - |
| Capitalization / Revenue | 0.74 x | 2.33 x | 2.55 x | 1.18 x | 2.12 x | 2.14 x | 1.85 x | 1.6 x |
| EV / Revenue | 0.74 x | 2.23 x | 2.4 x | 0.97 x | 1.96 x | 2.03 x | 1.66 x | 1.6 x |
| EV / EBITDA | - | 10.6 x | 9.71 x | 4.11 x | 20.4 x | 10.3 x | 7.77 x | - |
| EV / FCF | - | 30.2 x | 73 x | 62.8 x | -10.6 x | 42 x | 19.8 x | - |
| FCF Yield | - | 3.31% | 1.37% | 1.59% | -9.46% | 2.38% | 5.04% | - |
| Price to Book | - | 3.55 x | 3.4 x | 1.38 x | 1.81 x | 1.95 x | 1.79 x | - |
| Nbr of stocks (in thousands) | 10,215 | 10,615 | 10,645 | 10,877 | 10,684 | 10,685 | - | - |
| Reference price 3 | 13,800 | 62,700 | 73,700 | 36,950 | 49,450 | 58,000 | 58,000 | 58,000 |
| Announcement Date | 2/26/20 | 2/16/21 | 2/24/22 | 3/16/23 | 3/19/24 | - | - | - |
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 | 191.5 | 285.5 | 307.6 | 339.3 | 249.1 | 289.4 | 335.5 | 388 |
| EBITDA 1 | - | 60.27 | 76.02 | 80.03 | 23.93 | 57 | 71.5 | - |
| EBIT 1 | 20.66 | 42.16 | 55.17 | 56.63 | -2.38 | 27.2 | 42.75 | 52 |
| Operating Margin | 10.79% | 14.77% | 17.93% | 16.69% | -0.96% | 9.4% | 12.74% | 13.4% |
| Earnings before Tax (EBT) 1 | - | 37.27 | 64.65 | 65.4 | -3.393 | 37 | 52.5 | - |
| Net income 1 | - | 27.49 | 45.85 | 49.82 | 0.1209 | 31 | 39.5 | - |
| Net margin | - | 9.63% | 14.9% | 14.68% | 0.05% | 10.71% | 11.77% | - |
| EPS 2 | - | 2,594 | 4,310 | 4,614 | 11.00 | 2,654 | 3,444 | - |
| Free Cash Flow 3 | - | 21,067 | 10,110 | 5,234 | -46,179 | 14,000 | 28,000 | - |
| FCF margin | - | 7,378.82% | 3,286.2% | 1,542.79% | -18,534.61% | 4,838.43% | 8,345.75% | - |
| FCF Conversion (EBITDA) | - | 34,953.4% | 13,297.87% | 6,540.35% | - | 24,561.4% | 39,160.84% | - |
| FCF Conversion (Net income) | - | 76,637.44% | 22,048.06% | 10,506.22% | - | 45,161.29% | 70,886.08% | - |
| Dividend per Share 2 | - | 250.0 | 500.0 | 500.0 | - | 500.0 | 500.0 | - |
| Announcement Date | 2/26/20 | 2/16/21 | 2/24/22 | 3/16/23 | 3/19/24 | - | - | - |
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 | 87.3 | 80.94 | 87.32 | 89.41 | 81.59 | 44.61 | 57.32 | 76.94 | 70.28 | 58.21 | 66.8 | 73.9 | 75.4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 11.94 | 22.23 | 22.52 | 8.735 | 3.14 | -6.556 | -3.506 | 6.764 | 0.9181 | -3.067 | 6.1 | 9 | 9.6 |
| Operating Margin | 13.67% | 27.46% | 25.79% | 9.77% | 3.85% | -14.7% | -6.12% | 8.79% | 1.31% | -5.27% | 9.13% | 12.18% | 12.73% |
| Earnings before Tax (EBT) | - | - | - | - | -10.41 | - | - | - | - | - | - | - | - |
| Net income | 6.561 | - | 20.66 | 13.16 | -1.97 | - | - | 6.198 | 0.7543 | - | - | - | - |
| Net margin | 7.51% | - | 23.66% | 14.72% | -2.41% | - | - | 8.06% | 1.07% | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/24/22 | 5/13/22 | 8/12/22 | 11/14/22 | 3/16/23 | 5/15/23 | 8/14/23 | 11/14/23 | 3/19/24 | 5/16/24 | - | - | - |
1KRW in Billions
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 28.8 | 46.3 | 73.1 | 40.4 | 32 | 64 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 2 | - | 21,067 | 10,110 | 5,234 | -46,179 | 14,000 | 28,000 | - |
| ROE (net income / shareholders' equity) | 7.62% | 13.2% | 17.9% | 18.8% | 0.04% | 9.6% | 11.2% | - |
| ROA (Net income/ Total Assets) | - | 9.76% | 13.7% | 12.3% | 0.03% | 5.7% | 8% | - |
| Assets 1 | - | 281.8 | 334.9 | 403.8 | 439.7 | 543.9 | 493.8 | - |
| Book Value Per Share 3 | - | 17,638 | 21,702 | 26,845 | 27,386 | 29,716 | 32,467 | - |
| Cash Flow per Share 3 | - | - | - | - | - | 5,977 | 7,598 | - |
| Capex 1 | - | 38.9 | 36.6 | 49.6 | 48.8 | 49 | 39.5 | 30 |
| Capex / Sales | - | 13.62% | 11.91% | 14.62% | 19.58% | 16.93% | 11.77% | 7.73% |
| Announcement Date | 2/26/20 | 2/16/21 | 2/24/22 | 3/16/23 | 3/19/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
58,000
KRW
Average target price
72,500
KRW
Spread / Average Target
+25.00%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +17.29% | 450M | |
| +32.28% | 104B | |
| +10.32% | 24.95B | |
| +29.84% | 22B | |
| -2.61% | 20.85B | |
| +5.02% | 5.07B | |
| -3.87% | 3.62B | |
| +4.71% | 3.35B | |
| -20.29% | 2.62B | |
| +22.55% | 1.13B |
- Stock Market
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- A131290 Stock
- Financials TSE Co., Ltd
