002900.KS
Tong Yang Moolsan Co Ltd
Price:
5,300
KRW
Volume:
182,981
Korea, Republic of | Machinery
Discounted Cash Flow
Trading Multiples
Peter Lynch Fair Value
Earnings Power Value
Dividend Discount Model
WACC
002900.KS DCF Valuation - Growth Exit 5Y
375.6 %
Upside
What is the DCF valuation of 002900.KS?
The Discounted Cash Flow (DCF) valuation of Tong Yang Moolsan Co Ltd (002900.KS) is 25,204 KRW. With the latest stock price at 5,300.00 KRW, the upside of Tong Yang Moolsan Co Ltd based on DCF is 375.6%.
Is 002900.KS a buy or a sell?
Based on the latest price of 5,300.00 KRW and our DCF valuation, Tong Yang Moolsan Co Ltd (002900.KS) is a buy. Buying 002900.KS stocks now will result in a potential gain of 375.6%.
| Range | Selected | |
| WACC / Discount Rate | 4.7% - 7.2% | 5.9% |
| Long-term Growth Rate | 2.5% - 4.4% | 3.5% |
| Fair Price | 11,410.97 - 286,031.35 | 25,204.44 |
| Upside | 115.3% - 5296.8% | 375.6% |
5,300.00 KRW
Stock Price
25,204 KRW
Fair Price
| (KRW in millions) | Projections | |||||
| 12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
| Revenue | 788,790 | 797,950 | 882,891 | 983,399 | 1,096,668 | 1,184,403 |
| % Growth | 6% | 1% | 11% | 11% | 12% | 8% |
| Cost of goods sold | (620,425) | (615,077) | (666,940) | (728,007) | (795,622) | (842,088) |
| % of Revenue | 79% | 77% | 76% | 74% | 73% | 71% |
| Selling, G&A expenses | (144,763) | (146,444) | (162,032) | (180,478) | (201,266) | (217,367) |
| % of Revenue | 18% | 18% | 18% | 18% | 18% | 18% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
| % of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
| Net interest & other expenses | 2,763 | 2,795 | 3,092 | 3,444 | 3,841 | 4,148 |
| % of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
| Tax expense | (8,157) | (6,255) | (9,091) | (12,495) | (16,524) | (20,586) |
| Tax rate | 31% | 16% | 16% | 16% | 16% | 16% |
| Net profit | 18,209 | 32,969 | 47,920 | 65,863 | 87,097 | 108,510 |
| % Margin | 2% | 4% | 5% | 7% | 8% | 9% |