The Korea Fund
Financial ratios & Valuation

Historical Multiples (2016 – 2022)

2016 2017 2019 2020 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
32.2040.48-6.06-15.29-1.456.070.00
Price/Sales ratio
-738.3152.00-6.31-16.72-1.48-160.68-11.51
Price/Book Value ratio
-3.718.020.870.830.850.650.85
Price/Cash Flow ratio
N/AN/AN/AN/AN/AN/AN/A
Price/Free Cash Flow ratio
N/AN/AN/AN/AN/AN/AN/A
Price/Earnings Growth ratio
-0.24-40.480.010.230.000.05-20.23
Dividend Yield
N/AN/AN/AN/AN/A2.42%N/A
Profitability Indicator Ratios
Gross Profit Margin
-69.22%94.67%106.37%116.67%102.16%309.04%100.52%
Operating Profit Margin
60.05%2.65%104.10%109.31%102.34%-1612.25%106.71%
Pretax Profit Margin
-2283.66%129.87%104.10%109.31%102.34%-2644.15%106.71%
Net Profit Margin
-2292.85%128.46%104.10%109.31%102.34%-2644.15%106.71%
Effective Tax Rate
100.40%98.91%-4.49%-8.67%-1.40%28.66%12.08%
Return on Assets
-11.02%18.83%-14.10%-5.46%-58.45%10.62%2.36%
Return On Equity
-11.53%19.81%-14.49%-5.47%-58.74%10.73%2.66%
Return on Capital Employed
0.30%0.40%-14.10%-5.46%-58.60%6.51%-6.84%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/A2.28N/A
Quick Ratio
1.741.20-157.09-2.883.032.28-77.94
Cash ratio
0.070.0425.995.681.330.8215.83
Days of Sales Outstanding
57.3431.53-6.56-14.72-2.63-667.31-10.64
Days of Inventory outstanding
N/AN/A1.29K318.550.00N/A808.99
Operating Cycle
57.3431.531.29K303.82-2.63-667.31798.35
Days of Payables Outstanding
255.46728.466.5326.8671.93238.69122.61
Cash Conversion Cycle
-198.11-696.931.28K276.96-74.56-906.00781.65
Debt Ratios
Debt Ratio
0.030.03N/AN/AN/AN/AN/A
Debt Equity Ratio
0.030.03N/AN/AN/AN/AN/A
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
0.030.03N/AN/AN/AN/AN/A
Interest Coverage Ratio
N/AN/AN/AN/AN/A9.08MN/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/AN/AN/A
Company Equity Multiplier
1.041.051.021.001.001.001.01
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
N/AN/AN/AN/AN/AN/AN/A
Free Cash Flow / Operating Cash Flow Ratio
N/AN/AN/AN/AN/AN/AN/A
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/A