IBKS No.23 Special Purpose Acquisition Company

IBKS No.23 Special Purpose Acquisition Company

KKRX:467930
2,110.00
KRW
0.00
(0.00%)
32.03EPS
69.01P/E
9.35BMarket Cap

Total Valuation

KRW

As of March 31, 2026, IBKS No.23 Special Purpose Acquisition Company carries a market capitalization of 9.35B, placing it among publicly traded companies globally. Its enterprise value stands at 721.82M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap9.35B
Enterprise Value721.82M

Share Statistics

As of March 31, 2026, IBKS No.23 Special Purpose Acquisition Company has 4.23M shares outstanding.

Shares Outstanding4.23M

Valuation Ratios

As of March 31, 2026, IBKS No.23 Special Purpose Acquisition Company trades at a trailing price-to-earnings ratio of 69.01.

PE Ratio69.01
PB Ratio1.08
P/TBV Ratio1.08
P/FCF Ratio47.01
P/OCF Ratio47.01

Enterprise Valuation

These figures are as of March 31, 2026. IBKS No.23 Special Purpose Acquisition Company trades at an EV/FCF ratio of 2.71, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 721.82M versus a market cap of 9.35B, with the gap driven by net debt and cash on the balance sheet.

EV / FCF2.71

Financial Position

As of March 31, 2026, IBKS No.23 Special Purpose Acquisition Company maintains a current ratio of 9,139.06, meaning it holds 9.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 18.20, indicating elevated leverage, while an interest coverage ratio of -0.44 demonstrates limited ability to service its debt obligations.

Current Ratio9,139.06
Quick Ratio9,065.26
Debt / Equity18.20
Debt / EBITDA-48.37
Interest Coverage-0.44

Financial Efficiency

Over the twelve months ended March 31, 2026, IBKS No.23 Special Purpose Acquisition Company posted a return on equity (ROE) of 1.58, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) is negative at -0.30, so the business is destroying capital rather than earning a return above its cost of capital. Return on assets (ROA) stands at 1.33, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 2.01, useful for judging operating efficiency across full business cycles.

Return on Equity (ROE)1.58
Return on Assets (ROA)1.33
Return on Invested Capital (ROIC)-0.30
Return on Capital Employed (ROCE)2.01
Employee Count1.00

Taxes

KRW

Over the twelve months ended March 31, 2026, IBKS No.23 Special Purpose Acquisition Company recorded 11.44M in income tax expense. That works out to an effective tax rate of 7.79, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 146.91M, leaving 135.47M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax11.44M
Effective Tax Rate7.79

Stock Price Statistics

KRW

As of the close on July 27, 2026, IBKS No.23 Special Purpose Acquisition Company's stock has declined approximately 3.65% over the past 52 weeks. The 50-day moving average sits at 2,106.60, while the 200-day moving average is 2,183.09.

52-Week Price Change-3.65%
50-Day Moving Average2,106.60
200-Day Moving Average2,183.09

Income Statement

KRW

These figures cover the twelve months ended March 31, 2026. EBITDA reached -32.56M, while operating income came in at -32.56M.

Operating Income-32.56M
Pretax Income146.91M
Net Income135.47M
EBITDA-32.56M
EBIT-32.56M
Earnings Per Share (EPS)32.03

Balance Sheet

KRW

As of March 31, 2026, IBKS No.23 Special Purpose Acquisition Company holds 10.20B in cash and equivalents against 1.57B in total debt, resulting in a net debt position of -159.14M. Total book value stands at 8.65B, with working capital of 10.28B providing operational flexibility.

Cash & Cash Equivalents10.20B
Total Debt1.57B
Net Debt-159.14M
Equity (Book Value)8.65B
Book Value Per Share2,045.79
Working Capital10.28B

Cash Flow

KRW

IBKS No.23 Special Purpose Acquisition Company produced 198.84M in operating cash flow over the twelve months ended March 31, 2026.

Operating Cash Flow198.84M
Free Cash Flow198.84M
FCF Per Share47.01

Dividends & Yields

These figures cover the twelve months ended March 31, 2026. Free cash flow yield stands at 2.13, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt.

FCF Yield2.13