Financials SK oceanplant Co.,Ltd

Equities

A100090

KR7100090000

Shipbuilding

End-of-day quote Korea S.E. 06:00:00 2024-07-02 pm EDT 5-day change 1st Jan Change
13,520 KRW -0.81% Intraday chart for SK oceanplant Co.,Ltd -6.11% -31.61%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 125,491 752,738 782,691 1,070,024 1,170,296 800,324 - -
Enterprise Value (EV) 2 125.5 1,024 980.3 1,187 1,344 909.3 956.9 967.3
P/E ratio -5.66 x 84.8 x -15.2 x 38.4 x 19 x 18 x 13.5 x 7.89 x
Yield - - - - - - - -
Capitalization / Revenue - 1.76 x 1.56 x 1.55 x 1.26 x 0.9 x 0.74 x 0.58 x
EV / Revenue - 2.4 x 1.95 x 1.72 x 1.45 x 1.02 x 0.88 x 0.71 x
EV / EBITDA - 21.1 x 21.5 x 14.2 x 14.3 x 10.2 x 7.52 x 4.97 x
EV / FCF - -16.9 x 9.59 x -25 x -5.4 x -40.4 x 24.5 x -220 x
FCF Yield - -5.93% 10.4% -4% -18.5% -2.48% 4.08% -0.45%
Price to Book - 4.46 x 5.57 x 1.61 x 1.64 x 1.1 x 1.04 x 0.89 x
Nbr of stocks (in thousands) 27,856 35,093 36,574 53,235 59,196 59,196 - -
Reference price 3 4,505 21,450 21,400 20,100 19,770 13,520 13,520 13,520
Announcement Date 3/19/20 2/19/21 3/16/22 2/14/23 1/22/24 - - -
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 - 427.2 503.1 691.8 925.8 887.6 1,086 1,371
EBITDA 1 - 48.43 45.67 83.35 94.21 89.52 127.3 194.7
EBIT 1 - 29.05 26.43 71.94 75.6 63.3 93.34 148.1
Operating Margin - 6.8% 5.25% 10.4% 8.17% 7.13% 8.59% 10.8%
Earnings before Tax (EBT) 1 - 9.174 -81.68 34.8 63.1 48.73 77.41 132.6
Net income 1 -21.84 12.25 -86.81 28.01 57.48 44.01 59.86 102
Net margin - 2.87% -17.26% 4.05% 6.21% 4.96% 5.51% 7.44%
EPS 2 -796.0 253.0 -1,404 524.0 1,038 752.9 1,004 1,714
Free Cash Flow 3 - -60,685 102,232 -47,539 -249,028 -22,520 39,000 -4,400
FCF margin - -14,204.04% 20,321.94% -6,871.49% -26,897.68% -2,537.18% 3,590.07% -321.03%
FCF Conversion (EBITDA) - - 223,838.51% - - - 30,628.27% -
FCF Conversion (Net income) - - - - - - 65,155.13% -
Dividend per Share - - - - - - - -
Announcement Date 3/19/20 2/19/21 3/16/22 2/14/23 1/22/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 171 169.6 184.8 166.5 219.7 257.9 237 211.2 127.1 212.7 265.1 282.6 248 278
EBITDA - - - - - - - 17.8 16.26 - - - - -
EBIT 1 17.07 20.42 21.94 12.51 18.57 30.11 16.38 10.54 8.945 13.38 19.98 21.17 25 28
Operating Margin 9.98% 12.04% 11.88% 7.51% 8.45% 11.67% 6.91% 4.99% 7.04% 6.29% 7.54% 7.49% 10.08% 10.07%
Earnings before Tax (EBT) 1 12.43 14.1 10.5 -2.235 - 27.23 10.21 10.66 4.63 11.33 16.17 16.63 - -
Net income 1 8.945 - - -0.204 20.48 21.35 5.724 9.924 4.114 7.32 11.94 13.68 16 19
Net margin 5.23% - - -0.12% 9.32% 8.28% 2.42% 4.7% 3.24% 3.44% 4.5% 4.84% 6.45% 6.83%
EPS - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 5/11/22 8/16/22 11/14/22 2/14/23 5/15/23 8/14/23 11/14/23 1/22/24 5/16/24 - - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 271 198 117 174 109 157 167
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 5.604 x 4.326 x 1.409 x 1.846 x 1.218 x 1.23 x 0.8576 x
Free Cash Flow 2 - -60,685 102,232 -47,539 -249,028 -22,520 39,000 -4,400
ROE (net income / shareholders' equity) - 5.7% -42% 7.94% 9.04% 6.17% 8.03% 12.8%
ROA (Net income/ Total Assets) - 1.9% -12.4% - 4.33% 2.37% 3.4% 5.73%
Assets 1 - 644 699.7 - 1,326 1,860 1,761 1,778
Book Value Per Share 3 - 4,805 3,839 12,493 12,024 12,304 13,027 15,168
Cash Flow per Share 3 - -1,847 - - -2,392 1,245 2,011 3,430
Capex 1 - 3.15 35.4 116 111 108 105 128
Capex / Sales - 0.74% 7.04% 16.79% 11.97% 12.2% 9.62% 9.37%
Announcement Date 3/19/20 2/19/21 3/16/22 2/14/23 1/22/24 - - -
1KRW in Billions2KRW in Million3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
13,520 KRW
Average target price
21,938 KRW
Spread / Average Target
+62.26%
Consensus

Quarterly revenue - Rate of surprise

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