XKRX023160
Market cap308mUSD
Dec 27, Last price
17,560.00KRW
1D
-2.55%
1Q
24.72%
Jan 2017
111.82%
Name
TK Corp
Chart & Performance
P/E
8.25
P/S
1.46
EPS
2,129.18
Div Yield, %
0.97%
Shrs. gr., 5y
—
Rev. gr., 5y
14.49%
Revenues
312.07b
+24.96%
Net income
55.08b
+53.97%
CFO
54.34b
+17.34%
Dividend
Dec 27, 2023170 KRW/sh
Earnings
Feb 26, 2025
Profile
Tae Kwang Corporation manufactures, supplies, and sells butt weld pipe fittings for oil and gas, chemical and petrochemical, power plant, and shipbuilding businesses in Korea and internationally. The company offers butt-welding fittings, including carbon, stainless, and alloy steel, such as elbows, tees, reducers, caps, stub ends, laterals, long bends, and crosses, as well as special, jacket, and split fittings; and forged fittings, such as carbon, stainless, and alloy steel comprises elbows, tees, reducers, sockets, couplings, bosses, crosses, caps, outlets, plugs, unions, inserts, nipples, swage nipples, and special items. It also provides flange fittings comprising carbon, stainless, and alloy steel, which include slip-ons, welding necks, threads, socket weldings, blinds, long welding necks, lap joints, grooves, and nozzle necks. The company was formerly known as Taekwang Bend Industry Company and changed its name to Tae Kwang Corporation in March 2001. Tae Kwang Corporation was founded in 1965 and is headquartered in Busan, South Korea.
Valuation
Title KRW in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
| Income | |||||||||
Revenues | 312,067,468 24.96% | 249,742,674 34.89% | 185,147,913 -1.73% | ||||||
Cost of revenue | 241,075,465 | 195,429,367 | 162,883,990 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 70,992,003 | 54,313,307 | 22,263,923 | ||||||
NOPBT Margin | 22.75% | 21.75% | 12.02% | ||||||
Operating Taxes | 12,516,693 | 10,004,195 | 3,487,287 | ||||||
Tax Rate | 17.63% | 18.42% | 15.66% | ||||||
NOPAT | 58,475,310 | 44,309,112 | 18,776,637 | ||||||
Net income | 55,076,020 53.97% | 35,770,821 135.05% | 15,218,115 -403.30% | ||||||
Dividends | (4,397,431) | (2,586,724) | (1,293,362) | ||||||
Dividend yield | 1.15% | 0.62% | 0.46% | ||||||
Proceeds from repurchase of equity | (813,117) | 34,889,822 | |||||||
BB yield | 0.21% | -8.38% | |||||||
| Debt | |||||||||
Debt current | 1,034,451 | 917,776 | 1,850,218 | ||||||
Long-term debt | 4,613,238 | 2,988,041 | 6,030,623 | ||||||
Deferred revenue | 8 | 1,030,623 | |||||||
Other long-term liabilities | 9,701,751 | 10,199,150 | 12,129,878 | ||||||
Net debt | (207,722,675) | (176,007,390) | (109,328,755) | ||||||
| Cash flow | |||||||||
Cash from operating activities | 54,335,484 | 46,306,030 | 41,256,482 | ||||||
CAPEX | (20,279,086) | (7,196,932) | (14,028,818) | ||||||
Cash from investing activities | (63,074,743) | (62,569,116) | (46,363,754) | ||||||
Cash from financing activities | (7,531,179) | 22,725,815 | (7,649,785) | ||||||
FCF | 32,960,100 | 42,086,445 | 58,118,860 | ||||||
| Balance | |||||||||
Cash | 112,553,144 | 106,568,025 | 54,613,633 | ||||||
Long term investments | 100,817,220 | 73,345,182 | 62,595,964 | ||||||
Excess cash | 197,766,990 | 167,426,073 | 107,952,201 | ||||||
Stockholders' equity | 121,428,760 | 491,167,800 | 429,960,746 | ||||||
Invested Capital | 466,488,269 | 360,548,646 | 362,147,950 | ||||||
ROIC | 14.14% | 12.26% | 5.16% | ||||||
ROCE | 11.97% | 10.18% | 4.68% | ||||||
| EV | |||||||||
Common stock shares outstanding | 25,867 | 25,867 | 25,867 | ||||||
Price | 14,730.00 -8.51% | 16,100.00 48.39% | 10,850.00 41.64% | ||||||
Market cap | 381,024,475 -8.51% | 416,462,596 48.39% | 280,659,576 41.64% | ||||||
EV | 219,900,852 | 284,598,772 | 188,278,087 | ||||||
EBITDA | 80,240,272 | 62,920,777 | 31,391,895 | ||||||
EV/EBITDA | 2.74 | 4.52 | 6.00 | ||||||
Interest | 762,926 | 643,291 | 738,410 | ||||||
Interest/NOPBT | 1.07% | 1.18% | 3.32% | ||||||