Hyundai Home Shopping Network Corporation (057050.KS)

Industry: Specialty Retail 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
2681.T	77	Geo Holdings Corpo	2,858	13.28	11.47	7.93	7.72	30.54	11.77
ETSY	78	Etsy, Inc.	2,854	36.20	38.00	10.17	9.27	16.45	18.58
9896.HK	79	MINISO Group Holdi	2,825	23.15	23.15	18.18	18.18	17.05	10.85
2411.HK	80	Shenzhen Pagoda In	2,802	-	-	-	-	2.70	30.86
008770.KS	81	Hotel Shilla Co.,L	2,690	-	-	-	-	73.40	-
0814.HK	82	Beijing Jingkelong	2,684	-	-	12.75	16.92	-	-
COM7-R.BK	83	Com7 Public Compan	2,679	15.63	12.60	11.25	9.19	16.54	11.52
057050.KS	84	Hyundai Home Shopp	2,549	7.40	7.48	2.92	2.83	8.67	7.13
BONT	85	Bon-Ton Stores, In	2,541	-	-	229.41	533.41	-	-
AMER3.SA	86	Americanas S.A.	2,528	-	-	15.07	16.31	4.89	-
7552.T	87	Happinet Corporati	2,520	16.74	12.01	7.26	5.42	6.03	6.15
GVNV.AS	88	GrandVision N.V.	2,447	66.84	66.84	50.78	50.78	34.33	46.18
ZO1.DE	89	zooplus SE	2,371	-	-	85.66	72.64	-	2,626.61
HZO	90	MarineMax, Inc.	2,309	-	-	9.70	9.61	22.17	45.36
JOAN	91	JOANN Inc.	2,165	-	-	-	-	-	-
PRTY	92	Party City Holdco	2,161	-	-	-	-	-	-

Line Item	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
Winsorized Median Multiple	16.19	12.30	11.25	9.61	16.54	11.77
Full Range Median Multiple	19.95	17.88	12.75	16.31	16.79	18.58
Industry Multiple	28.64	27.35	41.65	68.13	22.41	311.99
Market Implied Multiple	7.13	7.20	2.84	2.76	8.44	6.94
Company (057050.KS) Multiple	7.40	7.48	2.92	2.83	8.67	7.13
(*) Net Income / EBITDA / Revenue	56	56	199	205	67	82
Winsorized Enterprise Value	N/A	N/A	2,244	1,974	1,110	961
Full Range Median Enterprise Value	N/A	N/A	2,541	3,349	1,127	1,518
(-) Net Debt	167	167	167	167	167	167
Winsorized Equity Value	909	684	2,077	1,807	944	794
Full Range Median Equity Value	1,120	993	2,375	3,183	961	1,351
(/) Shares Outstanding	0	0	0	0	0	0
Winsorized Fair Value	$119,679.79	$90,040.46	$273,542.10	$238,052.72	$124,293.40	$104,598.59
Full Range Median Fair Value	$147,503.35	$130,804.28	$312,764.14	$419,153.40	$126,543.68	$177,921.42
Current Price	$52,700.00	$52,700.00	$52,700.00	$52,700.00	$52,700.00	$52,700.00
Upside / Downside	127.10%	70.85%	419.06%	351.71%	135.85%	98.48%
Safety Margin	30.0%	30.0%	30.0%	30.0%	30.0%	30.0%
Buy Price	$83,775.85	$63,028.32	$191,479.47	$166,636.90	$87,005.38	$73,219.01
Buy / Don't Buy	BUY	BUY	BUY	BUY	BUY	BUY