The Discounted Cash Flow (DCF) valuation of Daemo Engineering Co Ltd (317850.KQ) is 10,324 KRW. With the latest stock price at 7,650.00 KRW, the upside of Daemo Engineering Co Ltd based on DCF is 35%.
Based on the latest price of 7,650.00 KRW and our DCF valuation, Daemo Engineering Co Ltd (317850.KQ) is a buy. Buying 317850.KQ stocks now will result in a potential gain of 35%.
Range | Selected | |
WACC / Discount Rate | 5.6% - 8.4% | 7.0% |
Long-term Growth Rate | 2.0% - 4.0% | 3.0% |
Fair Price | 6,482.95 - 25,232.65 | 10,324.68 |
Upside | -15.3% - 229.8% | 35.0% |
(KRW in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 41,319 | 33,710 | 34,606 | 35,718 | 37,585 | 38,336 |
% Growth | 7% | -18% | 3% | 3% | 5% | 2% |
Cost of goods sold | (30,791) | (23,865) | (23,274) | (22,821) | (22,813) | (22,106) |
% of Revenue | 75% | 71% | 67% | 64% | 61% | 58% |
Selling, G&A expenses | (8,562) | (6,985) | (7,171) | (7,401) | (7,788) | (7,944) |
% of Revenue | 21% | 21% | 21% | 21% | 21% | 21% |
Research & Development | (1,093) | (892) | (916) | (945) | (995) | (1,014) |
% of Revenue | 3% | 3% | 3% | 3% | 3% | 3% |
Net interest & other expenses | (228) | (186) | (191) | (197) | (208) | (212) |
% of Revenue | 1% | 1% | 1% | 1% | 1% | 1% |
Tax expense | (512) | (316) | (541) | (771) | (1,025) | (1,251) |
Tax rate | 80% | 18% | 18% | 18% | 18% | 18% |
Net profit | 132 | 1,466 | 2,513 | 3,582 | 4,757 | 5,809 |
% Margin | 0% | 4% | 7% | 10% | 13% | 15% |