SOCAR INC. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 19,530 KRW | +0.67% |
|
+3.33% | +26.82% |
| May. 31 | Azerbaijan's Socar to Join Adnoc in Abu Dhabi Offshore Concession | MT |
| May. 14 | SOCAR Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 711,783 | 504,939 | 640,480 | - | - |
| Enterprise Value (EV) 2 | 861.6 | 782 | 907.6 | 904.8 | 860.5 |
| P/E ratio | -36.4 x | -11.9 x | -45.8 x | 36.3 x | 25.2 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 1.79 x | 1.27 x | 1.4 x | 1.1 x | 0.98 x |
| EV / Revenue | 2.17 x | 1.96 x | 1.98 x | 1.55 x | 1.32 x |
| EV / EBITDA | 9.67 x | 10.3 x | 8.72 x | 7.18 x | 7.41 x |
| EV / FCF | -12.4 x | -6.95 x | 27.3 x | 18.7 x | 11.7 x |
| FCF Yield | -8.09% | -14.4% | 3.66% | 5.33% | 8.56% |
| Price to Book | 2.87 x | 2.38 x | 3.25 x | 3.03 x | 2.79 x |
| Nbr of stocks (in thousands) | 32,726 | 32,788 | 32,795 | - | - |
| Reference price 3 | 21,750 | 15,400 | 19,530 | 19,530 | 19,530 |
| Announcement Date | 2/15/23 | 2/20/24 | - | - | - |
1KRW in Million2KRW in Billions3KRW
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 397.6 | 398.5 | 458.6 | 583.4 | 651.2 |
| EBITDA 1 | - | 89.09 | 76.23 | 104.1 | 126 | 116.2 |
| EBIT 1 | - | 9.423 | -9.699 | 4.8 | 35.65 | 47.47 |
| Operating Margin | - | 2.37% | -2.43% | 1.05% | 6.11% | 7.29% |
| Earnings before Tax (EBT) 1 | - | -16.72 | -41.39 | -16.2 | 20.45 | 24.1 |
| Net income 1 | 6.277 | -18.14 | -41.53 | -14.1 | 17.63 | 25.37 |
| Net margin | - | -4.56% | -10.42% | -3.07% | 3.02% | 3.9% |
| EPS 2 | 297.0 | -597.0 | -1,292 | -426.8 | 537.3 | 776.0 |
| Free Cash Flow 3 | - | -69,746 | -112,590 | 33,200 | 48,267 | 73,650 |
| FCF margin | - | -17,543.63% | -28,255.45% | 7,239.42% | 8,273.69% | 11,310.47% |
| FCF Conversion (EBITDA) | - | - | - | 31,882.2% | 38,296.75% | 63,382.1% |
| FCF Conversion (Net income) | - | - | - | - | 273,724.06% | 290,341.62% |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 3/31/22 | 2/15/23 | 2/20/24 | - | - | - |
1KRW in Billions2KRW3KRW in Million
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 121.4 | 85.72 | 103.9 | 112.7 | 96.18 | 90.58 | 114.6 | 137.2 | 125.2 |
| EBITDA | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 4.895 | -4.986 | 1.598 | -3.554 | -2.756 | -10.76 | -5.6 | 16.2 | 5 |
| Operating Margin | 4.03% | -5.82% | 1.54% | -3.15% | -2.87% | -11.88% | -4.89% | 11.8% | 3.99% |
| Earnings before Tax (EBT) 1 | -1.893 | -10.74 | -5.208 | -10.79 | -14.66 | -16.74 | -11.1 | 11.2 | 0.5 |
| Net income 1 | -2.732 | -10.73 | -5.276 | -10.76 | -14.76 | - | -11.1 | 11.1 | 0.4 |
| Net margin | -2.25% | -12.52% | -5.08% | -9.55% | -15.34% | - | -9.69% | 8.09% | 0.32% |
| EPS | - | -328.0 | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/15/23 | 5/12/23 | 8/8/23 | 11/14/23 | 2/20/24 | 5/13/24 | - | - | - |
1KRW in Billions
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 150 | 277 | 267 | 264 | 220 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 1.682 x | 3.634 x | 2.565 x | 2.097 x | 1.894 x |
| Free Cash Flow 2 | - | -69,746 | -112,590 | 33,200 | 48,267 | 73,650 |
| ROE (net income / shareholders' equity) | - | -9.06% | -18.1% | -6.9% | 8.6% | 11.5% |
| ROA (Net income/ Total Assets) | - | -3.56% | -6.69% | -2.5% | 3.25% | 3.5% |
| Assets 1 | - | 509.5 | 620.3 | 564 | 542.6 | 724.8 |
| Book Value Per Share 3 | - | 7,565 | 6,458 | 6,010 | 6,441 | 6,988 |
| Cash Flow per Share 3 | - | -2,063 | -3,344 | 4,772 | 5,330 | - |
| Capex 1 | - | 7.03 | 2.99 | 3.6 | 43.8 | 2.6 |
| Capex / Sales | - | 1.77% | 0.75% | 0.78% | 7.5% | 0.4% |
| Announcement Date | 3/31/22 | 2/15/23 | 2/20/24 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
19,530
KRW
Average target price
25,000
KRW
Spread / Average Target
+28.01%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +26.82% | 460M | |
| -31.02% | 8.02B | |
| -39.48% | 3.82B | |
| -33.30% | 3.09B | |
| +11.39% | 1.69B | |
| -7.60% | 1.36B | |
| -66.31% | 1.07B | |
| +14.05% | 839M | |
| +1.06% | 758M | |
| +29.00% | 418M |
- Stock Market
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- A403550 Stock
- Financials SOCAR Inc.
