Financials Youngone Corporation

Equities

A111770

KR7111770004

Apparel & Accessories

End-of-day quote Korea S.E. 06:00:00 2024-06-11 pm EDT 5-day change 1st Jan Change
34,300 KRW -2.56% Intraday chart for Youngone Corporation +3.31% -24.78%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,502,413 1,390,554 1,914,754 2,059,512 2,000,292 1,544,085 - -
Enterprise Value (EV) 2 1,411 957.2 1,461 1,372 1,095 253.6 -257.6 -327.9
P/E ratio 9.03 x 9.42 x 6.42 x 3.06 x 3.88 x 4.26 x 3.3 x 3.72 x
Yield 1.17% 1.26% 1.15% 2.13% 2.85% 3.95% 4.27% 3.96%
Capitalization / Revenue 0.63 x 0.56 x 0.69 x 0.53 x 0.55 x 0.46 x 0.43 x 0.43 x
EV / Revenue 0.59 x 0.39 x 0.52 x 0.35 x 0.3 x 0.08 x -0.07 x -0.09 x
EV / EBITDA 4.6 x 2.79 x 2.76 x 1.5 x 1.49 x 0.5 x -0.38 x -0.5 x
EV / FCF 13.4 x 3.74 x 9.24 x 4.38 x 3.1 x 0.74 x -0.66 x -0.85 x
FCF Yield 7.48% 26.8% 10.8% 22.8% 32.3% 135% -152% -118%
Price to Book 0.76 x 0.76 x 0.86 x 0.74 x 0.62 x 0.42 x 0.37 x 0.35 x
Nbr of stocks (in thousands) 43,866 43,866 43,866 43,866 43,866 43,866 - -
Reference price 3 34,250 31,700 43,650 46,950 45,600 34,300 34,300 34,300
Announcement Date 2/26/20 3/19/21 3/10/22 3/8/23 2/27/24 - - -
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 2,388 2,466 2,793 3,905 3,604 3,339 3,577 3,596
EBITDA 1 306.6 343.5 529.1 916.1 735.4 506.8 676.6 656.4
EBIT 1 237.6 259.7 442 835.1 639.1 407.9 565.6 545.2
Operating Margin 9.95% 10.53% 15.83% 21.39% 17.73% 12.21% 15.81% 15.16%
Earnings before Tax (EBT) 1 233.6 249.4 451.3 881.5 683.6 439 618.1 548
Net income 1 166.3 147.7 334.3 742.5 516.6 357.1 460.9 408.5
Net margin 6.96% 5.99% 11.97% 19.02% 14.33% 10.69% 12.88% 11.36%
EPS 2 3,791 3,366 6,795 15,363 11,762 8,057 10,397 9,221
Free Cash Flow 3 105,557 256,092 158,176 313,174 353,514 341,500 391,600 386,250
FCF margin 4,419.82% 10,383.34% 5,664.29% 8,020.61% 9,807.91% 10,227.18% 10,947.79% 10,740.98%
FCF Conversion (EBITDA) 34,425.52% 74,546.7% 29,895.11% 34,186.44% 48,069.96% 67,390.23% 57,876.67% 58,843.69%
FCF Conversion (Net income) 63,479.74% 173,431.41% 47,315.21% 42,176.05% 68,430.22% 95,642.19% 84,966.83% 94,553.24%
Dividend per Share 2 400.0 400.0 500.0 1,000 1,300 1,355 1,464 1,358
Announcement Date 2/26/20 3/19/21 3/10/22 3/8/23 2/27/24 - - -
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 1 751.5 766.4 945.6 1,162 1,030 840.6 1,008 998.8 757.3 709.7 884.8 980.9 780.8
EBITDA 180.5 - - - - - - - - - - - -
EBIT 1 123.3 145.9 208.1 275.9 205.2 167.2 210.6 179.9 79.49 71.04 132.6 145.4 91.4
Operating Margin 16.41% 19.03% 22.01% 23.74% 19.92% 19.89% 20.89% 18.02% 10.5% 10.01% 14.98% 14.82% 11.71%
Earnings before Tax (EBT) 1 - 145.9 248.7 324.5 162.5 184.2 228.3 210.9 58.26 105.2 141.6 154.5 77.3
Net income 1 71.46 - 171 226.5 177.6 134.7 155.7 157.9 67.59 85.12 114.4 131.2 70.03
Net margin 9.51% - 18.09% 19.49% 17.23% 16.03% 15.45% 15.81% 8.93% 11.99% 12.93% 13.38% 8.97%
EPS - 2,253 - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 3/10/22 5/16/22 8/16/22 11/14/22 3/8/23 5/15/23 8/14/23 11/14/23 2/27/24 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 91.2 433 454 688 905 1,291 1,802 1,872
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 2 105,557 256,092 158,176 313,174 353,514 341,500 391,600 386,250
ROE (net income / shareholders' equity) 9.55% 8.03% 15.1% 26.8% 15.5% 10.3% 11.5% 10%
ROA (Net income/ Total Assets) 6.03% 4.88% 10.5% 16.7% 10.5% 6.54% 8.19% 7.55%
Assets 1 2,757 3,026 3,178 4,437 4,912 5,460 5,630 5,411
Book Value Per Share 3 44,887 41,828 50,585 63,517 74,013 81,087 91,606 97,290
Cash Flow per Share 3 5,160 7,890 6,551 10,459 11,971 11,351 12,895 14,763
Capex 1 126 90 129 146 172 137 170 151
Capex / Sales 5.28% 3.65% 4.63% 3.73% 4.76% 4.1% 4.75% 4.19%
Announcement Date 2/26/20 3/19/21 3/10/22 3/8/23 2/27/24 - - -
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
D
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
34,300 KRW
Average target price
59,700 KRW
Spread / Average Target
+74.05%
Consensus

Quarterly revenue - Rate of surprise

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