Ilshin Spinning Valuation

Q: What is the Fair Price of A003200 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

A003200 (₩7560) is trading above our estimate of [[fair value]] (₩1642.8)

Is A003200 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A003200 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A003200 (₩7560) is trading above our estimate of fair value (₩1642.8)

Significantly Below Fair Value: A003200 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A003200?

Key metric: As A003200 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A003200. This is calculated by dividing A003200's market cap by their current earnings.
What is A003200's PE Ratio?
PE Ratio	5.5x
Earnings	₩29.39b
Market Cap	₩161.25b

A003200 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.3x
Enterprise Value/EBITDA	2.6x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does A003200's PE Ratio compare to its peers?

The above table shows the PE ratio for A003200 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	57.5x
A002170 Samyang Tongsang	20.7x	n/a	₩135.5b
A000050 Kyungbangco.Ltd	55.5x	n/a	₩153.2b
A003610 Pangrim	148.5x	n/a	₩123.9b
A035150 BAIKSAN Co	5.3x	10.7%	₩267.0b
A003200 Ilshin Spinning	5.5x	n/a	₩161.2b

Price-To-Earnings vs Peers: A003200 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (57.5x).

Price to Earnings Ratio vs Industry

How does A003200's PE Ratio compare vs other companies in the KR Luxury Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
A000950 Chonbang	1.4x	n/a	US$14.65m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: A003200 is good value based on its Price-To-Earnings Ratio (5.5x) compared to the KR Luxury industry average (7.8x).

Price to Earnings Ratio vs Fair Ratio

What is A003200's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A003200 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate A003200's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.