000890.KS
Bohae Brewery Co Ltd
Price:  
487 
KRW
Volume:  
221,033
Korea, Republic of | Beverages

000890.KS DCF Valuation - Growth Exit 5Y

47.3 %
Upside

What is the DCF valuation of 000890.KS?

The Discounted Cash Flow (DCF) valuation of Bohae Brewery Co Ltd (000890.KS) is 717.12 KRW. With the latest stock price at 487.00 KRW, the upside of Bohae Brewery Co Ltd based on DCF is 47.3%.

Is 000890.KS a buy or a sell?

Based on the latest price of 487.00 KRW and our DCF valuation, Bohae Brewery Co Ltd (000890.KS) is a buy. Buying 000890.KS stocks now will result in a potential gain of 47.3%.

Range Selected
WACC / Discount Rate5.2% - 7.0%6.1%
Long-term Growth Rate 0.5% - 1.5%1.0%
Fair Price565.71 - 983.5717.12
Upside16.2% - 102.0%47.3%
487.00 KRW
Stock Price
717.12 KRW
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

000890.KS DCF Valuation: Revenue & Expenses Forecast

(KRW in millions)Projections
12-202412-202512-202612-202712-202812-2029
Revenue87,62481,24582,87084,52786,67088,403
% Growth
6%-7%2%2%3%2%
Cost of goods sold(60,612)(56,199)(57,323)(58,469)(59,952)(61,151)
% of Revenue69%69%69%69%69%69%
Selling, G&A expenses(23,123)(21,440)(21,868)(22,306)(22,871)(23,329)
% of Revenue26%26%26%26%26%26%
Research & Development000000
% of Revenue0%0%0%0%0%0%
Net interest & other expenses3,7063,4363,5053,5753,6663,739
% of Revenue4%4%4%4%4%4%
Tax expense(910)(1,761)(1,796)(1,832)(1,878)(1,916)
Tax rate12%25%25%25%25%25%
Net profit6,6865,2825,3885,4955,6355,747
% Margin8%7%7%7%7%7%