Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 9.4x - 10.4x | 9.9x |
| Selected Fwd EBITDA Multiple | 37.0x - 40.9x | 39.0x |
| Fair Value | ₩1,709 - ₩1,989 | ₩1,849 |
| Upside | -29.4% - -17.8% | -23.6% |
| Benchmarks | Ticker | Full Ticker |
| LEMON Co., Ltd. | A294140 | KOSDAQ:A294140 |
| Sungmoon Electronics Co., Ltd. | A014910 | KOSE:A014910 |
| StarFlex Co., Ltd. | A115570 | KOSDAQ:A115570 |
| Nousbo Co., Ltd. | A332290 | KOSDAQ:A332290 |
| Jeonjinbio Co., Ltd. | A110020 | KOSDAQ:A110020 |
| ENBIO Co., Ltd. | A352940 | KOSDAQ:A352940 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| A294140 | A014910 | A115570 | A332290 | A110020 | A352940 | ||
| KOSDAQ:A294140 | KOSE:A014910 | KOSDAQ:A115570 | KOSDAQ:A332290 | KOSDAQ:A110020 | KOSDAQ:A352940 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | NM- | 71.8% | -10.4% | 25.9% | NM- | -13.1% | |
| 3Y CAGR | NM- | -20.2% | 165.5% | 48.5% | NM- | -2.5% | |
| Latest Twelve Months | 43.9% | 23.2% | 243.3% | 1612.3% | 323.4% | 522.7% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | -29.9% | 6.6% | 2.2% | 0.6% | -27.6% | 4.9% | |
| Prior Fiscal Year | -102.4% | 5.0% | 1.2% | -0.5% | 3.8% | -2.2% | |
| Latest Fiscal Year | -82.6% | 5.8% | 3.6% | 6.0% | 13.0% | 8.9% | |
| Latest Twelve Months | -82.6% | 5.8% | 3.6% | 6.0% | 13.0% | 8.9% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 10.53x | 0.83x | 0.40x | 0.61x | 0.81x | 1.04x | |
| EV / LTM EBITDA | -12.7x | 14.5x | 11.1x | 10.2x | 6.3x | 11.8x | |
| EV / LTM EBIT | -12.2x | 36.4x | -149.9x | 16.4x | 13.5x | 27.0x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | -12.7x | 10.2x | 14.5x | ||||
| Historical EV / LTM EBITDA | -45.9x | 15.9x | 32.4x | ||||
| Selected EV / LTM EBITDA | 9.4x | 9.9x | 10.4x | ||||
| (x) LTM EBITDA | 3,157 | 3,157 | 3,157 | ||||
| (=) Implied Enterprise Value | 29,829 | 31,399 | 32,969 | ||||
| (-) Non-shareholder Claims * | (10,242) | (10,242) | (10,242) | ||||
| (=) Equity Value | 19,586 | 21,156 | 22,726 | ||||
| (/) Shares Outstanding | 10.9 | 10.9 | 10.9 | ||||
| Implied Value Range | 1,802.26 | 1,946.72 | 2,091.18 | ||||
| FX Rate: KRW/KRW | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 1,802.26 | 1,946.72 | 2,091.18 | 2,420.00 | |||
| Upside / (Downside) | -25.5% | -19.6% | -13.6% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | A294140 | A014910 | A115570 | A332290 | A110020 | A352940 | |
| Enterprise Value | 76,980 | 40,111 | 32,234 | 59,770 | 15,674 | 36,542 | |
| (+) Cash & Short Term Investments | 5,692 | 3,776 | 5,575 | 10,353 | 6,748 | 3,049 | |
| (+) Investments & Other | 0 | 5,777 | 0 | 519 | 0 | 1,511 | |
| (-) Debt | (6,022) | (25,664) | (18,479) | (33,064) | (93) | (14,803) | |
| (-) Other Liabilities | 0 | (379) | 0 | 0 | 0 | 0 | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 76,650 | 23,622 | 19,331 | 37,578 | 22,330 | 26,300 | |
| (/) Shares Outstanding | 21.0 | 20.8 | 7.9 | 32.9 | 9.1 | 10.9 | |
| Implied Stock Price | 3,650.00 | 1,138.00 | 2,450.00 | 1,142.00 | 2,465.00 | 2,420.00 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 3,650.00 | 1,138.00 | 2,450.00 | 1,142.00 | 2,465.00 | 2,420.00 | |
| Trading Currency | KRW | KRW | KRW | KRW | KRW | KRW | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |