Hanil Iron & Steel Valuation

Q: What is the Fair Price of A002220 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

A002220 (₩2095) is trading above our estimate of [[fair value]] (₩195.69)

Is A002220 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A002220 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A002220 (₩2095) is trading above our estimate of fair value (₩195.69)

Significantly Below Fair Value: A002220 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A002220?

Key metric: As A002220 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for A002220. This is calculated by dividing A002220's market cap by their current revenue.
What is A002220's PS Ratio?
PS Ratio	0.3x
Sales	₩200.60b
Market Cap	₩49.68b

A002220 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	0.6x
Enterprise Value/EBITDA	31.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does A002220's PS Ratio compare to its peers?

The above table shows the PS ratio for A002220 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.6x
A026940 Bookook Steel	0.3x	n/a	₩48.7b
A138070 Shinjin SmLtd	0.8x	n/a	₩48.5b
A037370 EG	1x	n/a	₩55.5b
A058730 Development Advance SolutionLtd	0.2x	n/a	₩62.4b
A002220 Hanil Iron & Steel	0.3x	n/a	₩49.7b

Price-To-Sales vs Peers: A002220 is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.6x).

Price to Sales Ratio vs Industry

How does A002220's PS Ratio compare vs other companies in the KR Metals and Mining Industry?

8 Companies	Price / Sales	Estimated Growth	Market Cap
A058650 SeAH Holdings	0.06x	n/a	US$278.65m
A001390 KG Chemical	0.03x	n/a	US$194.33m
A151860 KG Eco SolutionLtd	0.03x	n/a	US$160.06m
A012800 Daechang	0.07x	n/a	US$70.26m

8 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: A002220 is good value based on its Price-To-Sales Ratio (0.3x) compared to the KR Metals and Mining industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is A002220's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A002220 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.3x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate A002220's Price-To-Sales 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.

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