DRB Industrial Co Ltd

Chart & Performance

D1W1MN

P/E

9.56

P/S

0.31

EPS

783.23

Div Yield, %

—

Shrs. gr., 5y

0.41%

Rev. gr., 5y

5.17%

Revenues

336.98b

-5.81%

Net income

10.89b

+13.70%

CFO

13.24b

-68.45%

Dividend

Dec 27, 2023150 KRW/sh

Profile

DRB Industrial Co., Ltd. manufactures and distributes rubber belts in Korea. The company offers vehicle sealings, such as glass run/channels, door seals, body seals, tailgate seals, and hood seals; construction materials, including low vibration track systems, ballast mats, platform gap fillers, and fastening systems for railway products; rubber fender, automatic cable cover belt, and accessories for marine products; and submerged gaskets, membranes for tanks, shock mounts, diaphragms, water-proof sheets, sluice seals, gas holders, crash cushions, and door seals for civil engineering and industrial materials, as well as rubber dam, eco-tank, multi-function HDPE catch basin, and intercepted flow control device for eco products. It also provides seismic isolation and vibration control products comprising isolation, damper, and structural systems; power transmission belts, such as wrapped belts, raw edge cogged belts, V-ribbed belts, and timing belts used in industrial, automotive, and agricultural industries. In addition, the company offers conveyor belts, pipe/return pipe conveyor systems, corrugated sidewall conveyor systems, and air floating conveyor systems; and rubber track and undercarriage systems, and rubber pads. Further, it conducts architectural engineering work for performance-based design of structures, seismic isolation vibration control device and structure design, and composite beam design. The company was founded in 1945 and is headquartered in Busan, South Korea.

URL

http://www.drbworld.com/

IPO date

Oct 19, 2012

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title KRW in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title KRW in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	336,983,163 -5.81%	357,776,406 -8.37%	390,439,850 40.69%
Cost of revenue	309,195,834	331,901,616	363,128,284
Unusual Expense (Income)
NOPBT	27,787,329	25,874,791	27,311,566
NOPBT Margin	8.25%	7.23%	7.00%
Operating Taxes	3,902,340	2,454,531	918,804
Tax Rate	14.04%	9.49%	3.36%
NOPAT	23,884,989	23,420,260	26,392,763
Net income	10,886,836 13.70%	9,575,319 22.85%	7,794,182 28.52%
Dividends	(2,085,000)	(1,668,000)	(1,112,000)
Dividend yield	2.22%	1.94%	1.29%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	60,883,394	83,771,357	93,637,190
Long-term debt	1,700,148	3,487,585	2,180,158
Deferred revenue		10
Other long-term liabilities	2,871,589	2,647,457	2,333,009
Net debt	3,208,490	(4,013,375)	35,839,921
Cash flow
Cash from operating activities	13,238,882	41,964,425	(19,779,920)
CAPEX	(5,525,466)	(5,145,628)	(5,047,819)
Cash from investing activities	12,813,958	(24,605,556)	(4,194,533)
Cash from financing activities	(32,995,216)	(10,689,214)	43,380,008
FCF	17,897,137	48,888,561	(6,112,022)
Balance
Cash	58,942,086	82,190,070	54,167,448
Long term investments	432,966	9,082,247	5,809,979
Excess cash	42,525,894	73,383,496	40,455,434
Stockholders' equity	126,571,167	122,804,010	194,430,234
Invested Capital	248,155,473	239,589,584	271,845,125
ROIC	9.79%	9.16%	10.52%
ROCE	9.05%	7.91%	8.36%
EV
Common stock shares outstanding	13,878	13,900	13,900
Price	6,780.00 9.35%	6,200.00 0.00%	6,200.00 -17.66%
Market cap	94,094,454 9.18%	86,180,000 0.00%	86,180,000 -17.66%
EV	99,747,582	85,571,819	126,617,896
EBITDA	33,149,710	31,143,014	32,599,370
EV/EBITDA	3.01	2.75	3.88
Interest	3,703,117	5,315,498	2,811,715
Interest/NOPBT	13.33%	20.54%	10.29%