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 1 379,667 275,803 334,949 236,717 286,473 269,326 - -
Change - -27.36% 21.45% -29.33% 21.02% -5.99% - -
Enterprise Value (EV) 1 367 162.2 203.1 128.6 217.6 103.3 52.36 -3.303
Change - -55.81% 25.25% -36.7% 69.23% -52.51% -49.32% -106.31%
P/E 6.66x 3.36x 5.58x 4.57x 12.1x 4.96x 4x 3.9x
PBR 1.91x 1.02x 1.06x 0.72x 0.81x 0.67x 0.58x 0.5x
PEG - 0.1x -0.2x -0.3x -0.2x 0x 0.2x 1.56x
Capitalization / Revenue 0.72x 0.57x 0.63x 0.46x 0.62x 0.43x 0.38x 0.36x
EV / Revenue 0.69x 0.33x 0.38x 0.25x 0.47x 0.17x 0.07x -0x
EV / EBITDA 5.02x 1.67x 3.08x 2.38x 5.21x 1.4x 0.58x -0.04x
EV / EBIT 5.71x 1.79x 3.38x 2.72x 6.53x 1.57x 0.63x -0.04x
EV / FCF 5.87x 1.68x 4.86x 3.38x -7.13x 3.1x 0.98x -0.06x
FCF Yield 17% 59.7% 20.6% 29.6% -14% 32.2% 102% -1,758%
Dividend per Share 3 240 270 270 - - 200 200 200
Rate of return 0.95% 1.47% 1.21% - - 1.1% 1.1% 1.1%
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 18,260.00 18,260.00 18,260.00
Nbr of stocks (in thousands) 15,066 15,030 15,020 15,020 14,790 14,750 - -
Announcement Date 3/3/22 A 3/8/23 A 3/6/24 A 3/5/25 A 3/6/26 A - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
4.35x0.11x0.95x1.25% 165M
38.22x11.82x34.46x0.39% 398B
63.17x9.49x48.37x0.15% 71.69B
91.14x19.19x88.83x0.1% 49.08B
34.22x9.1x23.67x0.5% 44.47B
30.26x9.59x19.96x1.34% 35.28B
92.65x21.62x93.36x0.13% 27.47B
36.92x3.54x10.4x0.08% 27.37B
70.06x13.73x61.69x0.3% 18.69B
96.1x21.71x79.02x0.15% 19.57B
Average 55.71x 11.99x 46.07x 0.44% 69.22B
Weighted average by Cap. 48.49x 12.20x 41.69x 0.37%

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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