Taekyung Industry.Co., Ltd. (015890.KS)

Industry: Chemicals Model: Peers Multiples Valuation

Valuation Snapshot

Ticker	Rank	Name	Rev TTM (M)	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
002254.SZ	167	Yantai Tayho Advan	531	-	-	22.28	21.33	182.85	-
0609.HK	168	Tiande Chemical Ho	530	6.44	7.59	1.75	1.90	156.70	-
688456.SS	169	GRIPM Advanced Mat	527	74.07	71.67	61.59	61.59	92.00	68.79
605077.SS	170	Zhejiang Huakang P	520	22.46	23.25	14.84	13.78	32.21	24.82
002109.SZ	171	Shaanxi Xinghua Ch	511	-	-	-	-	-	-
600078.SS	172	Jiangsu ChengXing	506	-	-	41.21	55.36	17.88	88.61
000819.SZ	173	Yueyang Xingchang	502	-	-	-	-	195.06	-
015890.KS	174	Taekyung Industry.	499	5.57	5.57	2.46	1.99	3.79	3.27
300121.SZ	175	Shandong Yanggu Hu	493	42.18	39.77	26.30	25.52	36.30	28.45
CHEMPLASTS.BO	176	Chemplast Sanmar L	476	-	-	53.90	61.80	-	-
GUJALKALI.BO	177	Gujarat Alkalies a	475	26,757.97	109,076.78	9.62	9.56	-	13,052.84
2881.HK	178	Wuhan Youji Holdin	473	4.69	4.69	6.98	6.98	26.07	16.57
000936.SZ	179	Jiangsu Huaxicun C	472	21.27	21.27	17.49	15.12	-	46.89
000637.SZ	180	Maoming Petro-Chem	471	-	-	-	-	-	-
688065.SS	181	Cathay Biotech Inc	467	62.94	58.92	45.83	44.95	56.54	43.67
005420.KS	182	Cosmo Chemical Co.	461	-	-	-	-	-	-

Line Item	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
Winsorized Median Multiple	21.86	22.26	17.49	15.12	36.30	36.06
Full Range Median Multiple	32.32	31.51	22.28	21.33	56.54	45.28
Industry Multiple	3,374.00	13,662.99	27.44	28.90	88.40	1,671.33
Market Implied Multiple	5.03	5.03	2.36	1.91	3.64	3.14
Company (015890.KS) Multiple	5.57	5.57	2.46	1.99	3.79	3.27
(*) Net Income / EBITDA / Revenue	13	13	70	87	45	53
Winsorized Enterprise Value	N/A	N/A	1,224	1,309	1,647	1,899
Full Range Median Enterprise Value	N/A	N/A	1,559	1,846	2,566	2,384
(-) Net Debt	100	100	100	100	100	100
Winsorized Equity Value	284	289	1,124	1,209	1,548	1,799
Full Range Median Equity Value	420	410	1,459	1,746	2,466	2,285
(/) Shares Outstanding	0	0	0	0	0	0
Winsorized Fair Value	$20,066.04	$20,430.13	$79,358.62	$85,325.23	$109,235.62	$126,983.49
Full Range Median Fair Value	$29,661.69	$28,918.82	$103,013.13	$123,239.07	$174,044.85	$161,249.66
Current Price	$4,620.00	$4,620.00	$4,620.00	$4,620.00	$4,620.00	$4,620.00
Upside / Downside	334.33%	342.21%	1,617.72%	1,746.87%	2,264.41%	2,648.56%
Safety Margin	30.0%	30.0%	30.0%	30.0%	30.0%	30.0%
Buy Price	$14,046.23	$14,301.09	$55,551.04	$59,727.66	$76,464.94	$88,888.44
Buy / Don't Buy	BUY	BUY	BUY	BUY	BUY	BUY