Buy Or Sell Opportunity • May 15
Now 24% undervalued Over the last 90 days, the stock has risen 28% to ₩62,500. The fair value is estimated to be ₩82,010, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.6% over the last 3 years. Earnings per share has declined by 96%. Buy Or Sell Opportunity • Apr 30
Now 20% undervalued Over the last 90 days, the stock has risen 41% to ₩65,300. The fair value is estimated to be ₩81,862, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.6% over the last 3 years. Earnings per share has declined by 96%. Price Target Changed • Apr 25
Price target increased by 7.8% to ₩54,188 Up from ₩50,250, the current price target is an average from 16 analysts. New target price is 13% below last closing price of ₩62,300. Stock is up 59% over the past year. The company is forecast to post earnings per share of ₩1,746 next year compared to a net loss per share of ₩4,566 last year. Announcement • Feb 14
Hotel Shilla Co.,Ltd, Annual General Meeting, Mar 19, 2026 Hotel Shilla Co.,Ltd, Annual General Meeting, Mar 19, 2026, at 09:01 Tokyo Standard Time. Location: auditorium, 249, dongho-ro, jung-gu, seoul South Korea Buy Or Sell Opportunity • Feb 11
Now 23% undervalued Over the last 90 days, the stock has risen 10% to ₩51,100. The fair value is estimated to be ₩66,120, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years. Meanwhile, the company became loss making. Announcement • Jan 30
Hotel Shilla Co.,Ltd to Report Q4, 2025 Results on Feb 03, 2026 Hotel Shilla Co.,Ltd announced that they will report Q4, 2025 results on Feb 03, 2026 New Risk • Nov 26
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company. Price Target Changed • Sep 23
Price target increased by 7.5% to ₩50,706 Up from ₩47,176, the current price target is an average from 17 analysts. New target price is 9.1% below last closing price of ₩55,800. Stock is up 22% over the past year. The company is forecast to post earnings per share of ₩717 next year compared to a net loss per share of ₩1,593 last year. Buy Or Sell Opportunity • Sep 17
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 4.2% to ₩52,600. The fair value is estimated to be ₩42,904, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.9% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jul 28
Now 21% undervalued Over the last 90 days, the stock has risen 7.1% to ₩47,300. The fair value is estimated to be ₩59,664, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Meanwhile, the company became loss making. Price Target Changed • Jul 01
Price target increased by 8.4% to ₩44,000 Up from ₩40,579, the current price target is an average from 19 analysts. New target price is 13% below last closing price of ₩50,500. Stock is down 4.2% over the past year. The company is forecast to post earnings per share of ₩975 next year compared to a net loss per share of ₩1,593 last year. Price Target Changed • Jun 27
Price target increased by 7.4% to ₩43,000 Up from ₩40,053, the current price target is an average from 19 analysts. New target price is 16% below last closing price of ₩51,400. Stock is down 4.1% over the past year. The company is forecast to post earnings per share of ₩975 next year compared to a net loss per share of ₩1,593 last year. Buy Or Sell Opportunity • Jun 13
Now 23% undervalued Over the last 90 days, the stock has risen 28% to ₩50,300. The fair value is estimated to be ₩65,134, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Meanwhile, the company became loss making. Announcement • Apr 24
Hotel Shilla Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025 Hotel Shilla Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025 Reported Earnings • Mar 06
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: ₩1,625 loss per share (down from ₩2,270 profit in FY 2023). Revenue: ₩3.95t (up 11% from FY 2023). Net loss: ₩61.5b (down 172% from profit in FY 2023). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Specialty Retail industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Announcement • Feb 20
Hotel Shilla Co.,Ltd, Annual General Meeting, Mar 20, 2025 Hotel Shilla Co.,Ltd, Annual General Meeting, Mar 20, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 236, dongho-ro, jung-gu, seoul South Korea Announcement • Jan 23
Hotel Shilla Co.,Ltd to Report Q4, 2024 Results on Jan 24, 2025 Hotel Shilla Co.,Ltd announced that they will report Q4, 2024 results on Jan 24, 2025 Price Target Changed • Dec 21
Price target decreased by 7.2% to ₩46,947 Down from ₩50,571, the current price target is an average from 19 analysts. New target price is 24% above last closing price of ₩38,000. Stock is down 41% over the past year. The company is forecast to post a net loss per share of ₩81.03 compared to earnings per share of ₩2,226 last year. Upcoming Dividend • Dec 20
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 21 April 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (3.0%). Price Target Changed • Nov 06
Price target decreased by 9.9% to ₩51,955 Down from ₩57,682, the current price target is an average from 22 analysts. New target price is 30% above last closing price of ₩40,050. Stock is down 40% over the past year. The company is forecast to post earnings per share of ₩173 for next year compared to ₩2,226 last year. Price Target Changed • Nov 04
Price target decreased by 10% to ₩54,136 Down from ₩60,238, the current price target is an average from 22 analysts. New target price is 32% above last closing price of ₩41,050. Stock is down 40% over the past year. The company is forecast to post earnings per share of ₩311 for next year compared to ₩2,226 last year. Price Target Changed • Jul 31
Price target decreased by 8.2% to ₩62,409 Down from ₩67,955, the current price target is an average from 22 analysts. New target price is 25% above last closing price of ₩50,000. Stock is down 32% over the past year. The company is forecast to post earnings per share of ₩1,834 for next year compared to ₩2,226 last year. Major Estimate Revision • Jul 30
Consensus EPS estimates fall by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩4.41b to ₩4.20b. EPS estimate also fell from ₩2,545 per share to ₩1,886 per share. Net income forecast to grow 204% next year vs 54% growth forecast for Specialty Retail industry in South Korea. Consensus price target down from ₩67,473 to ₩63,727. Share price fell 2.4% to ₩49,000 over the past week. Buy Or Sell Opportunity • Jul 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.8% to ₩53,000. The fair value is estimated to be ₩67,274, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 428% in the next 2 years. Buy Or Sell Opportunity • Jul 01
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to ₩53,800. The fair value is estimated to be ₩71,885, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 451% in the next 2 years. Buy Or Sell Opportunity • Jun 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.3% to ₩55,600. The fair value is estimated to be ₩69,504, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 451% in the next 2 years. Buy Or Sell Opportunity • May 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.7% to ₩56,100. The fair value is estimated to be ₩70,516, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 448% in the next 2 years. New Risk • May 27
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risk Large one-off items impacting financial results. Major Estimate Revision • May 02
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩3,064 to ₩2,686 per share. Revenue forecast steady at ₩4.44b. Net income forecast to grow 19% next year vs 42% growth forecast for Specialty Retail industry in South Korea. Consensus price target down from ₩73,095 to ₩69,250. Share price was steady at ₩57,500 over the past week. Announcement • Apr 28
Hotel Shilla Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 Hotel Shilla Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Mar 09
Full year 2023 earnings released: EPS: ₩2,270 (vs ₩1,325 loss in FY 2022) Full year 2023 results: EPS: ₩2,270 (up from ₩1,325 loss in FY 2022). Revenue: ₩3.57t (down 28% from FY 2022). Net income: ₩86.0b (up ₩136.1b from FY 2022). Profit margin: 2.4% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Specialty Retail industry in Asia. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Major Estimate Revision • Feb 03
Consensus EPS estimates fall by 27% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩4.84b to ₩4.51b. EPS estimate also fell from ₩4,235 per share to ₩3,076 per share. Net income forecast to grow 209% next year vs 16% growth forecast for Specialty Retail industry in South Korea. Consensus price target down from ₩89,905 to ₩73,571. Share price was steady at ₩59,700 over the past week. Price Target Changed • Jan 29
Price target decreased by 8.7% to ₩82,714 Down from ₩90,591, the current price target is an average from 21 analysts. New target price is 39% above last closing price of ₩59,500. Stock is down 26% over the past year. The company is forecast to post earnings per share of ₩3,242 next year compared to a net loss per share of ₩1,299 last year. Major Estimate Revision • Jan 27
Consensus revenue estimates decrease by 12% The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₩4.88b to ₩4.29b. EPS estimate unchanged at ₩4,337 per share. Net income forecast to grow 296% next year vs 17% growth forecast for Specialty Retail industry in South Korea. Consensus price target down from ₩91,077 to ₩89,238. Share price rose 4.5% to ₩60,100 over the past week. Upcoming Dividend • Dec 20
Upcoming dividend of ₩200 per share at 0.3% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.5%). New Risk • Nov 25
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results. Major Estimate Revision • Oct 29
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩3.75b to ₩3.70b. EPS estimate also fell from ₩4,311 per share to ₩3,765 per share. Net income forecast to grow 184% next year vs 16% growth forecast for Specialty Retail industry in South Korea. Consensus price target down from ₩112,227 to ₩107,591. Share price was steady at ₩68,500 over the past week. Major Estimate Revision • Jul 31
Consensus revenue estimates decrease by 15%, EPS upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ₩4.28b to ₩3.63b. EPS estimate increased from ₩3,652 to ₩4,593 per share. Net income forecast to grow 1,565% next year vs 16% growth forecast for Specialty Retail industry in South Korea. Consensus price target broadly unchanged at ₩104,826. Share price rose 6.7% to ₩75,300 over the past week. Announcement • Jul 28
Hotel Shilla Co.,Ltd to Report Q2, 2023 Results on Jul 28, 2023 Hotel Shilla Co.,Ltd announced that they will report Q2, 2023 results on Jul 28, 2023 Price Target Changed • May 03
Price target increased by 7.1% to ₩102,579 Up from ₩95,789, the current price target is an average from 19 analysts. New target price is 20% above last closing price of ₩85,800. Stock is up 7.9% over the past year. The company is forecast to post earnings per share of ₩3,122 next year compared to a net loss per share of ₩1,325 last year. Upcoming Dividend • Dec 21
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.3%). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Major Estimate Revision • Oct 31
Consensus EPS estimates fall by 50% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩4.83b to ₩4.75b. EPS estimate also fell from ₩1,428 per share to ₩720 per share. Net income forecast to grow 150% next year vs 15% growth forecast for Specialty Retail industry in South Korea. Consensus price target down from ₩86,265 to ₩83,735. Share price fell 9.0% to ₩65,000 over the past week. Buying Opportunity • Sep 26
Now 22% undervalued Over the last 90 days, the stock is up 2.4%. The fair value is estimated to be ₩92,323, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 39% in 2 years. Earnings is forecast to grow by 421% in the next 2 years. Buying Opportunity • Sep 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 9.4%. The fair value is estimated to be ₩89,835, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 39% in 2 years. Earnings is forecast to grow by 415% in the next 2 years. Major Estimate Revision • Aug 01
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ₩4.73b to ₩4.92b. EPS estimate fell from ₩1,866 to ₩1,603 per share. Net income forecast to grow 310% next year vs 14% growth forecast for Specialty Retail industry in South Korea. Consensus price target broadly unchanged at ₩89,922. Share price rose 3.4% to ₩72,700 over the past week. Major Estimate Revision • May 11
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ₩4.61b to ₩4.71b. EPS estimate fell from ₩2,356 to ₩2,009 per share. Net income forecast to grow 192% next year vs 19% growth forecast for Specialty Retail industry in South Korea. Consensus price target broadly unchanged at ₩94,124. Share price fell 4.3% to ₩76,100 over the past week. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Mar 10
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: ₩714 (up from ₩7,487 loss in FY 2020). Revenue: ₩3.78t (up 19% from FY 2020). Net income: ₩27.1b (up ₩310.5b from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 5.1%. Over the next year, revenue is forecast to grow 21%, compared to a 18% growth forecast for the retail industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Dec 22
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.9%). Reported Earnings • Nov 19
Third quarter 2021 earnings released: ₩31.00 loss per share (vs ₩753 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ₩968.7b (up 10% from 3Q 2020). Net loss: ₩1.15b (loss narrowed 96% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 23
Second quarter 2021 earnings released: EPS ₩318 (vs ₩1,791 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₩953.4b (up 82% from 2Q 2020). Net income: ₩12.0b (up ₩79.8b from 2Q 2020). Profit margin: 1.3% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Price Target Changed • May 21
Price target increased to ₩99,562 Up from ₩92,615, the current price target is an average from 23 analysts. New target price is 9.4% above last closing price of ₩91,000. Stock is up 14% over the past year. Is New 90 Day High Low • Jan 21
New 90-day high: ₩85,500 The company is up 12% from its price of ₩76,500 on 23 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩42,031 per share. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩350 Per Share Will be paid on the 17th of April to those who are registered shareholders by the 29th of December. The trailing yield of 0.4% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (1.5%). Is New 90 Day High Low • Dec 09
New 90-day high: ₩84,600 The company is up 17% from its price of ₩72,200 on 10 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩51,072 per share. Reported Earnings • Nov 22
Third quarter 2020 earnings released: ₩753 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ₩879.5b (down 40% from 3Q 2019). Net loss: ₩28.5b (down 203% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 22
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 5.8%, compared to a 18% growth forecast for the Specialty Retail industry in South Korea. Is New 90 Day High Low • Nov 10
New 90-day high: ₩80,100 The company is up 4.0% from its price of ₩77,300 on 12 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩47,858 per share.