E1 Corp

E1 Corp's capital structure is highly leveraged, with a debt-to-equity ratio of 3.91, indicating a significant reliance on debt financing. The company's liquidity position is mixed, with a current ratio of 4.62, suggesting strong short-term liquidity, but negative net cash after subtracting total debt, which raises concerns about long-term liquidity. The price-to-book ratio of 0.31 indicates that the company's market value is significantly below its book value, potentially signaling undervaluation or asset impairment.

Profitability metrics show that E1 Corp's return on equity (ROE) is 4.99%, which is relatively low for the energy sector, and its return on assets (ROA) is 0.61%, further indicating weak asset utilization and profitability. The company's operating margin is 3.10% (calculated from operating income of 92,196.74 billion KRW and revenue of 296,972.56 billion KRW), which is below the industry median for refining and marketing firms.

Geographically, E1 Corp's revenue is concentrated in South Korea, with no disclosed international operations, making it highly sensitive to domestic economic conditions and regulatory changes. The company does not report segment-specific revenue, but its operations are primarily focused on refining and marketing, with no disclosed diversification into upstream or downstream activities.

E1 Corp's growth trajectory is modest, with no disclosed revenue growth in the most recent fiscal year. The company's capital expenditure of -30,449.28 billion KRW suggests a reduction in investment, which may indicate a strategic shift or financial constraints. Analysts project a mean price target of 117,500 KRW, implying a potential upside of 31.3% from the current market price of 89,500 KRW.

The company faces several risk factors, including high leverage and negative net cash, which could limit its ability to fund operations or respond to market volatility. The risk assessment indicates a medium liquidity risk and a low dilution risk, but the negative net cash position is a key flag that could lead to further financial stress. No recent filings or transcripts have been disclosed that would indicate significant operational or strategic changes.

Analysts project 35.4% upside to a mean price target of 117,500 KRW, rating the stock a strong buy.

Net income surged 50.3% year-over-year to 104.8 billion KRW, demonstrating significant profitability improvement.

Free cash flow increased 39.9% year-over-year to 169.1 billion KRW, indicating strong cash generation.

Return on equity of 4.99% matches the cohort median, showing competitive capital efficiency relative to peers.

The debt-to-equity ratio of 3.91 is in the bottom quartile, significantly exceeding the 0.36 cohort median.

High credit risk is flagged, reflecting concerns over the company's substantial leverage and financial stability.

Revenue declined 2.0% year-over-year to 10.4 trillion KRW, indicating contraction in top-line growth.

Cash conversion of -7.47 is in the bottom quartile, far worse than the 1.05 cohort median.

Revenue KRW 3.59T, +29,6% YoY.

• ▍Revenue KRW 3.59T, +29,6% YoY

Revenue KRW 2.94T, −1,2% YoY; Operating income +27,9% YoY.

• ▍Revenue KRW 2.94T, −1,2% YoY
• ▍Operating income +27,9% YoY
• ▍Net income +63,3% YoY
• ▍Free cash flow +0,6% YoY
• ▍Net margin -0.6%

Revenue KRW 2.42T, −13,2% YoY; Operating income +959,2% YoY.

• ▍Revenue KRW 2.42T, −13,2% YoY
• ▍Operating income +959,2% YoY
• ▍Net income +127,3% YoY
• ▍Free cash flow +83,9% YoY
• ▍Net margin 2.0%

Revenue KRW 2.27T, −23,7% YoY; Operating income +5,3% YoY.

• ▍Revenue KRW 2.27T, −23,7% YoY
• ▍Operating income +5,3% YoY
• ▍Net income −78,7% YoY
• ▍Free cash flow −66,3% YoY
• ▍Net margin 0.8%

Revenue KRW 2.77T; Operating income KRW 102.34B.

• ▍Revenue KRW 2.77T
• ▍Operating income KRW 102.34B
• ▍Net margin 2.1%

Revenue KRW 2.98T; Operating income KRW 1.56B.

• ▍Revenue KRW 2.98T
• ▍Operating income KRW 1.56B
• ▍Net margin -1.7%

Revenue KRW 2.78T; Operating income KRW 8.58B.

• ▍Revenue KRW 2.78T
• ▍Operating income KRW 8.58B
• ▍Net margin 0.8%

Revenue KRW 2.97T; Operating income KRW 92.20B.

• ▍Revenue KRW 2.97T
• ▍Operating income KRW 92.20B
• ▍Net margin 2.8%

Revenue KRW 10.39T, −7,2% YoY; Operating income +42,8% YoY.

• ▍Revenue KRW 10.39T, −7,2% YoY
• ▍Operating income +42,8% YoY
• ▍Net income +49,8% YoY
• ▍Free cash flow +4,0% YoY
• ▍Net margin 1.0%

Revenue KRW 11.19T, +43,0% YoY; Operating income +124,8% YoY.

• ▍Revenue KRW 11.19T, +43,0% YoY
• ▍Operating income +124,8% YoY
• ▍Net income −67,2% YoY
• ▍Free cash flow −43,7% YoY
• ▍Net margin 0.6%