Company Valuation: Hancom Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 637,706 288,857 340,713 509,065 554,678 379,018 - -
Change - -54.7% 17.95% 49.41% 8.96% -31.67% - -
Enterprise Value (EV) 1 454.7 136.6 205.9 408.8 420.7 319.9 237.9 280.9
Change - -69.96% 50.73% 98.56% 2.91% -23.95% -25.63% 18.07%
P/E 31.7x 6.68x 23x 36.7x 16.1x 8.52x 8.86x 8.84x
PBR 2.27x 1x 1.03x 1.47x 1.51x 0.98x 0.89x 0.84x
PEG - 0x -0.3x -5.06x 0x 0.3x -2.29x 32.92x
Capitalization / Revenue 1.61x 1.19x 1.26x 1.67x 1.7x 0.96x 0.93x 0.81x
EV / Revenue 1.15x 0.56x 0.76x 1.34x 1.29x 0.81x 0.58x 0.6x
EV / EBITDA 6.37x 2.57x 3.5x 6.63x 7.21x 4.49x 3.01x 3.46x
EV / EBIT 10.4x 5.46x 5.94x 10.1x 11.6x 6.42x 4.12x 4.46x
EV / FCF 11x 19.1x 6.47x 10x 7.18x 12.7x 4.96x 6.3x
FCF Yield 9.13% 5.25% 15.5% 9.98% 13.9% 7.85% 20.1% 15.9%
Dividend per Share 3 - - - 410 400 400 426.7 400
Rate of return - - - 1.94% 1.74% 2.51% 2.68% 2.51%
EPS 3 838 1,840 621 576 1,423 1,872 1,800 1,804
Distribution rate - - - 71.2% 28.1% 21.4% 23.7% 22.2%
Net sales 1 395.6 242 271.1 304.8 326.7 394.6 407.7 467.4
EBITDA 1 71.4 53.14 58.79 61.7 58.37 71.25 79.17 81.15
EBIT 1 43.8 25.02 34.66 40.37 36.4 49.85 57.7 62.95
Net income 1 7.813 16.84 15.08 13.15 34.38 45.8 43.3 44.6
Net Debt 1 -183 -152.3 -134.8 -100.3 -134 -59.1 -141.1 -98.1
Reference price 3 26,550.00 12,300.00 14,270.00 21,150.00 22,950.00 15,950.00 15,950.00 15,950.00
Nbr of stocks (in thousands) 24,019 23,484 23,876 24,069 24,169 23,763 - -
Announcement Date 25/02/22 24/02/23 16/02/24 24/02/25 18/03/26 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
8.52x0.81x4.49x2.51% 286M
26.61x9.82x16.02x0.73% 3,895B
126.89x56.1x91.33x-.--% 473B
18.99x5.52x9.62x1.58% 382B
241.45x21.53x63.04x-.--% 311B
29.96x6.06x18.99x1.25% 277B
2575.7x43.13x141.09x-.--% 264B
100.91x10.01x26.8x-.--% 164B
58.59x15.69x41.34x-.--% 132B
14.46x3.85x8.04x-.--% 103B
Average 320.21x 17.25x 42.07x 0.61% 600.26B
Weighted average by Cap. 160.09x 15.12x 30.34x 0.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Hancom Inc.

Historical PBR trend

Valuation ratios - PBR - Hancom Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Hancom Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Hancom Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Hancom Inc.