The Discounted Cash Flow (DCF) valuation of KSS Line Ltd (044450.KS) is 11,146 KRW. With the latest stock price at 10,410 KRW, the upside of KSS Line Ltd based on DCF is 7.1%.
Based on the latest price of 10,410 KRW and our DCF valuation, KSS Line Ltd (044450.KS) is a buy. Buying 044450.KS stocks now will result in a potential gain of 7.1%.
Range | Selected | |
WACC / Discount Rate | 5.6% - 11.9% | 8.7% |
Long-term Growth Rate | 2.0% - 4.0% | 3.0% |
Fair Price | (14,549.89) - 172,519.34 | 11,146.47 |
Upside | -239.8% - 1557.2% | 7.1% |
(KRW in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 517,929 | 524,879 | 551,328 | 584,023 | 621,281 | 670,258 |
% Growth | 10% | 1% | 5% | 6% | 6% | 8% |
Cost of goods sold | (397,435) | (394,713) | (406,310) | (421,797) | (439,732) | (464,909) |
% of Revenue | 77% | 75% | 74% | 72% | 71% | 69% |
Selling, G&A expenses | (16,027) | (16,242) | (17,061) | (18,072) | (19,225) | (20,741) |
% of Revenue | 3% | 3% | 3% | 3% | 3% | 3% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (46,213) | (46,833) | (49,193) | (52,110) | (55,434) | (59,804) |
% of Revenue | 9% | 9% | 9% | 9% | 9% | 9% |
Tax expense | (841) | (1,692) | (1,987) | (2,322) | (2,696) | (3,148) |
Tax rate | 1% | 3% | 3% | 3% | 3% | 3% |
Net profit | 57,414 | 65,400 | 76,778 | 89,722 | 104,194 | 121,656 |
% Margin | 11% | 12% | 14% | 15% | 17% | 18% |