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Tapex Inc
KRX:055490

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Tapex Inc
KRX:055490
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Price: 20 000 KRW -4.53% Market Closed
Market Cap: ₩95.4B

EV/GP

6.2
Current
25%
More Expensive
vs 3-y average of 5

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
6.2
=
Enterprise Value
₩88.9B
/
Gross Profit
₩17.3B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
6.2
=
Enterprise Value
₩88.9B
/
Gross Profit
₩17.3B

Valuation Scenarios

Tapex Inc is trading above its 3-year average

If EV/GP returns to its 3-Year Average (5), the stock would be worth ₩15 994.07 (20% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-20%
Maximum Upside
No Upside Scenarios
Average Downside
15%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 6.2 ₩20 000
0%
3-Year Average 5 ₩15 994.07
-20%
5-Year Average 5.6 ₩18 061.66
-10%
Industry Average 5.1 ₩16 348.82
-18%
Country Average 5.4 ₩17 456.19
-13%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
KR
Tapex Inc
KRX:055490
95.4B KRW 6.2 51.5
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
13.5T JPY 13.6 28.4
US
Sherwin-Williams Co
NYSE:SHW
79.7B USD 7.8 31
US
Ecolab Inc
NYSE:ECL
73.5B USD 11.2 35.4
JP
Yasuhara Chemical Co Ltd
TSE:4957
10.8T JPY 3.1 10.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
280.3B CNY 12.7 21.3
CH
Givaudan SA
SIX:GIVN
25.7B CHF 9 24
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 17.4 54.8
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.3T INR 15.2 60.9
US
PPG Industries Inc
NYSE:PPG
24.2B USD 4.3 15.4
CH
Sika AG
F:SIKA
19.9B EUR 3.5 17.5

Market Distribution

In line with most companies in Korea
Percentile
55th
Based on 1 175 companies
55th percentile
6.2
Low
0 — 2.7
Typical Range
2.7 — 10.1
High
10.1 —
Distribution Statistics
Korea
Min 0
30th Percentile 2.7
Median 5.4
70th Percentile 10.1
Max 19 609.2

Tapex Inc
Glance View

Market Cap
95.4B KRW
Industry
Chemicals

Tapex, Inc. manufactures industrial adhesive tapes. The company is headquartered in Hwaseong, Gyeonggi-Do. The company went IPO on 2017-10-31. The firm operates its business through two segments. Electronic Material (EM) Segment is mainly engaged in the manufacture of secondary battery tapes, backing tapes for touch screen panel (TSP), optically clear adhesive, heat radiation tapes and protective tapes. Packaging Tape and Uni Wrap (TW) Segment is mainly engaged in the manufacture of oriented polypropylene tapes for packaging, low noise tapes, binding tapes and special tapes. The firm distributes its products within domestic market and to overseas markets.

Intrinsic Value
36 473.54 KRW
Undervaluation 45%
Intrinsic Value
Price ₩20 000
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