Company Valuation: Advanced Process Systems Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 379,667 275,803 334,949 236,717 286,473 261,362 - -
Change - -27.36% 21.45% -29.33% 21.02% -8.77% - -
Enterprise Value (EV) 1 367 162.2 203.1 128.6 217.6 95.35 44.39 -11.27
Change - -55.81% 25.25% -36.7% 69.23% -56.17% -53.44% -125.38%
P/E 6.66x 3.36x 5.58x 4.57x 12.1x 5.21x 4.19x 4.09x
PBR 1.91x 1.02x 1.06x 0.72x 0.81x 0.71x 0.61x 0.53x
PEG - 0.1x -0.2x -0.3x -0.2x 0x 0.2x 1.63x
Capitalization / Revenue 0.72x 0.57x 0.63x 0.46x 0.62x 0.42x 0.37x 0.35x
EV / Revenue 0.69x 0.33x 0.38x 0.25x 0.47x 0.15x 0.06x -0.02x
EV / EBITDA 5.02x 1.67x 3.08x 2.38x 5.21x 1.3x 0.49x -0.12x
EV / EBIT 5.71x 1.79x 3.38x 2.72x 6.53x 1.45x 0.54x -0.13x
EV / FCF 5.87x 1.68x 4.86x 3.38x -7.13x 2.86x 0.83x -0.19x
FCF Yield 17% 59.7% 20.6% 29.6% -14% 34.9% 120% -515%
Dividend per Share 3 240 270 270 - - 200 200 200
Rate of return 0.95% 1.47% 1.21% - - 1.04% 1.04% 1.04%
EPS 3 3,781 5,463 3,997 3,448 1,599 3,680 4,570 4,685
Distribution rate 6.35% 4.94% 6.76% - - 5.44% 4.38% 4.27%
Net sales 1 528.7 486.6 533.6 516.7 460.1 625 700 750
EBITDA 1 73.05 97.32 66.05 53.99 41.73 73.61 90.94 93.16
EBIT 1 64.3 90.48 60.12 47.19 33.33 65.61 82.94 85.16
Net income 1 57.17 82.24 60.03 51.78 23.78 54.42 67.59 69.29
Net Debt 1 -12.68 -113.6 -131.8 -108.2 -68.91 -166 -217 -272.6
Reference price 3 25,200.00 18,350.00 22,300.00 15,760.00 19,370.00 19,160.00 19,160.00 19,160.00
Nbr of stocks (in thousands) 15,066 15,030 15,020 15,020 14,790 14,750 - -
Announcement Date 03/03/22 08/03/23 06/03/24 05/03/25 06/03/26 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
5.21x0.19x1.58x1.04% 192M
39.38x12.18x35.5x0.38% 410B
72.81x10.95x55.83x0.13% 82.52B
105.15x22.21x102.8x0.08% 56.55B
35.96x9.36x24.42x0.5% 44.4B
36.39x11.71x24.46x1.12% 41.52B
114.28x26.82x115.79x0.11% 33.84B
39.35x3.79x11.13x0.08% 29.18B
82.06x16.16x72.6x0.25% 21.86B
97.26x21.97x79.99x0.15% 19.78B
Average 62.79x 13.53x 52.41x 0.38% 74.02B
Weighted average by Cap. 53.98x 13.33x 46.61x 0.34%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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