Firstec Co Ltd

Chart & Performance

D1W1MN

P/E

31.87

P/S

0.85

EPS

95.07

Div Yield, %

0.00%

Shrs. gr., 5y

0.72%

Rev. gr., 5y

5.64%

Revenues

173.10b

+8.09%

Net income

4.62b

+157.51%

CFO

37.87b

+2,989.00%

Dividend

Dec 29, 201425 KRW/sh

Profile

FIRSTEC Co., Ltd engages in the design, manufacture, and sale of various products for defense industry worldwide. The company offers environmental control systems for POD, air data systems, throttle quadrant systems, NVIS and cockpit panels, MFD, attitude control systems, landing/search lights, FADEC, wire harness/electrical kits, simulators, control display units, combined systems, and fire extinguishing systems for the aerospace industry. It also provides guided weapon products, including actuation, guidance control, fire control, and fuel propulsion systems, as well as cables, valves, and electrical parts used in surface-to-air missiles, anti-submarine missiles, ship-to-ship missiles, LOGIR applications, etc. In addition, the company offers driver panel units, driving systems, speed sensor kits, slip rings, cables and electrical kits, chutes, control panels, A/Z indicators, firing interrupters, instrument panels, gear boxes, automatic fire extinguishers, winches, radar components, etc., as well as develops projects for military intelligent robots and ranger robots. Further, it provides rocking arms and safety firing gear assemblies, mine laying controllers and systems, signal ejectors, and deceiving systems against torpedo for use in warship guns, minelayers ships, submarines, etc. Additionally, the company offers unmanned ground vehicles for demonstration of explosives, and ordnance disposal and reconnaissance; UAV, such as fuel systems, full-scale structure test products, and ground support equipment; and ground control systems, de-icing devices, navigation devices, and docking stations for intelligence, surveillance, and reconnaissance applications, as well as face recognition solutions. FIRSTEC Co., Ltd was founded in 1975 and is headquartered in Changwon, South Korea.

URL

http://www.firsteccom.co.kr/

IPO date

May 10, 1989

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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	173,103,351 8.09%	160,154,490 17.16%	136,697,478 3.50%
Cost of revenue	164,832,544	152,168,475	128,191,090
Unusual Expense (Income)
NOPBT	8,270,807	7,986,015	8,506,387
NOPBT Margin	4.78%	4.99%	6.22%
Operating Taxes	(1,676,700)	2,798,809	3,234,769
Tax Rate		35.05%	38.03%
NOPAT	9,947,507	5,187,206	5,271,618
Net income	4,620,136 157.51%	1,794,177 -53.69%	3,874,218 -45.67%
Dividends
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current	244,375	2,060,407	2,135,990
Long-term debt	7,357,223	10,101,962	463,510
Deferred revenue	7
Other long-term liabilities	16,744,279	15,110,634	18,217,143
Net debt	(57,799,263)	(33,716,493)	(56,648,811)
Cash flow
Cash from operating activities	37,865,851	1,225,830	(6,873,596)
CAPEX	(16,514,694)	(15,146,812)	(868,491)
Cash from investing activities	(38,152,569)	(14,218,377)	22,135,690
Cash from financing activities	(4,665,546)	9,731,947	(1,769,642)
FCF	15,535,852	(32,151,109)	2,577,450
Balance
Cash	33,125,531	18,077,794	21,338,434
Long term investments	32,275,330	27,801,067	37,909,876
Excess cash	56,745,693	37,871,137	52,413,436
Stockholders' equity	21,883,025	50,908,660	37,650,524
Invested Capital	63,823,429	45,962,096	26,208,628
ROIC	18.12%	14.37%	19.37%
ROCE	8.86%	8.51%	12.51%
EV
Common stock shares outstanding	48,264	47,884	47,884
Price	3,245.00 -1.07%	3,280.00 17.14%	2,800.00 30.84%
Market cap	156,616,450 -0.28%	157,060,698 17.14%	134,076,205 32.62%
EV	98,817,186	123,344,205	77,427,394
EBITDA	9,898,015	9,569,500	10,061,154
EV/EBITDA	9.98	12.89	7.70
Interest	110,682	90,509	96,023
Interest/NOPBT	1.34%	1.13%	1.13%