Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩82,300, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 6x in the Construction industry in South Korea. Total returns to shareholders of 133% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩100,600, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 8x in the Construction industry in South Korea. Total returns to shareholders of 186% over the past three years. Annuncio • Jul 07
Hyundai Engineering & Construction Co.,Ltd. announced that it has received KRW 500 billion in funding from NH Investment & Securities Co., Ltd., Korea Investment & Securities Co., Ltd., Kiwoom Securities Co., Ltd. On July 7, 2026, Hyundai Engineering & Construction Co.,Ltd. issued Series 312 Unregistered Unsecured Private Convertible Bond of the company to raise gross proceeds of KRW 500,000,000,000 at a conversion price of KRW 150,607. The bonds will get matured on July 7, 2031. Annuncio • Jun 11
Hyundai Engineering & Construction Co.,Ltd. announced that it expects to receive KRW 500 billion in funding from NH Investment & Securities Co., Ltd., Korea Investment & Securities Co., Ltd., Kiwoom Securities Co., Ltd. Hyundai Engineering & Construction Co.,Ltd. has announced a private placement of Series 312 Bearer-type unsecured private placement convertible bonds of the company to raise gross proceeds of KRW 500,000,000,000 on June 9, 2026. The transaction involves the new investor participation of NH Investment & Securities Co., Ltd. for KRW 200,000,000,000, Korea Investment & Securities Co., Ltd. for KRW 150,000,000,000, Kiwoom Securities Co., Ltd. for KRW 150,000,000,000. The bonds are 100% convertible into 3,319,898 common shares of the company at a conversion price value of KRW 150,607 and carry interest rate of 0% and maturity interest rate of 0%. The conversion billing period starts from July 7, 2027 to June 7, 2031. The transaction has been approved by the board of directors of the company. The transaction is subject to 1 year hold period. The bonds have a maturity date of July 7, 2031. The transaction is expected to close on July 7, 2026. Board Change • Jun 10
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Senior Outside Director Moon-Ki Chung is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩116,100, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 8x in the Construction industry in South Korea. Total returns to shareholders of 210% over the past three years. Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩135,400, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 9x in the Construction industry in South Korea. Total returns to shareholders of 249% over the past three years. Price Target Changed • Apr 30
Price target increased by 8.6% to ₩191,526 Up from ₩176,300, the current price target is an average from 19 analysts. New target price is 18% above last closing price of ₩161,800. Stock is up 289% over the past year. The company is forecast to post earnings per share of ₩4,953 for next year compared to ₩3,320 last year. Annuncio • Apr 18
Hyundai Engineering & Construction Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Hyundai Engineering & Construction Co.,Ltd. announced that they will report Q1, 2026 results at 3:00 PM, Korea Standard Time on Apr 28, 2026 Price Target Changed • Apr 15
Price target increased by 7.9% to ₩168,500 Up from ₩156,105, the current price target is an average from 20 analysts. New target price is 5.9% below last closing price of ₩179,000. Stock is up 364% over the past year. The company is forecast to post earnings per share of ₩4,619 for next year compared to ₩3,320 last year. Board Change • Apr 09
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Hye-Kyung Cho was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩189,200, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 10x in the Construction industry in South Korea. Total returns to shareholders of 401% over the past three years. Reported Earnings • Mar 20
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: ₩3,319 (up from ₩1,501 loss in FY 2024). Revenue: ₩31t (down 4.9% from FY 2024). Net income: ₩373.1b (up ₩541.8b from FY 2024). Profit margin: 1.2% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.9%. Revenue is forecast to stay flat during the next 3 years compared to a 5.5% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 66% per year, which means it is well ahead of earnings. Price Target Changed • Mar 19
Price target increased by 8.0% to ₩150,842 Up from ₩139,632, the current price target is an average from 19 analysts. New target price is 11% below last closing price of ₩169,500. Stock is up 399% over the past year. The company is forecast to post earnings per share of ₩3,180 next year compared to a net loss per share of ₩1,487 last year. Annuncio • Feb 26
Hyundai Engineering & Construction Co.,Ltd., Annual General Meeting, Mar 26, 2026 Hyundai Engineering & Construction Co.,Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 75, yulgok-ro, jongno-gu, seoul South Korea Declared Dividend • Feb 06
Dividend increased to ₩800 Dividend of ₩800 is 33% higher than last year. Ex-date: 30th March 2026 Payment date: 1st January 1970 Dividend yield will be 0.8%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Price Target Changed • Feb 05
Price target increased by 8.3% to ₩116,500 Up from ₩107,579, the current price target is an average from 20 analysts. New target price is 5.9% above last closing price of ₩110,000. Stock is up 248% over the past year. The company is forecast to post earnings per share of ₩3,180 next year compared to a net loss per share of ₩1,487 last year. Annuncio • Feb 05
Hyundai Engineering & Construction Co.,Ltd. announces Annual dividend Hyundai Engineering & Construction Co.,Ltd. announced Annual dividend of KRW 800.0000 per share, ex-date on March 30, 2026 and record date on March 31, 2026. Annuncio • Jan 30
Hyundai Engineering & Construction Co.,Ltd. to Report Fiscal Year 2025 Results on Feb 04, 2026 Hyundai Engineering & Construction Co.,Ltd. announced that they will report fiscal year 2025 results on Feb 04, 2026 Price Target Changed • Jan 16
Price target increased by 8.6% to ₩94,200 Up from ₩86,750, the current price target is an average from 19 analysts. New target price is 9.5% below last closing price of ₩104,100. Stock is up 291% over the past year. The company is forecast to post earnings per share of ₩3,222 next year compared to a net loss per share of ₩1,487 last year. New Risk • Oct 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. New Risk • Sep 19
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Price Target Changed • Jul 22
Price target increased by 7.1% to ₩79,875 Up from ₩74,600, the current price target is an average from 20 analysts. New target price is 19% above last closing price of ₩67,100. Stock is up 108% over the past year. The company is forecast to post earnings per share of ₩4,961 next year compared to a net loss per share of ₩1,487 last year. Price Target Changed • Jul 19
Price target increased by 8.0% to ₩76,850 Up from ₩71,150, the current price target is an average from 20 analysts. New target price is 8.4% above last closing price of ₩70,900. Stock is up 117% over the past year. The company is forecast to post earnings per share of ₩4,978 next year compared to a net loss per share of ₩1,487 last year. Price Target Changed • Jul 11
Price target increased by 9.2% to ₩71,900 Up from ₩65,850, the current price target is an average from 20 analysts. New target price is approximately in line with last closing price of ₩72,100. Stock is up 126% over the past year. The company is forecast to post earnings per share of ₩5,335 next year compared to a net loss per share of ₩1,487 last year. Price Target Changed • Jun 30
Price target increased by 7.3% to ₩65,050 Up from ₩60,600, the current price target is an average from 20 analysts. New target price is 17% below last closing price of ₩78,500. Stock is up 136% over the past year. The company is forecast to post earnings per share of ₩5,475 next year compared to a net loss per share of ₩1,487 last year. Price Target Changed • Jun 17
Price target increased by 7.9% to ₩60,600 Up from ₩56,150, the current price target is an average from 20 analysts. New target price is 21% below last closing price of ₩77,100. Stock is up 141% over the past year. The company is forecast to post earnings per share of ₩5,455 next year compared to a net loss per share of ₩1,487 last year. Price Target Changed • Jun 05
Price target increased by 8.9% to ₩56,150 Up from ₩51,550, the current price target is an average from 20 analysts. New target price is 17% below last closing price of ₩68,000. Stock is up 105% over the past year. The company is forecast to post earnings per share of ₩5,455 next year compared to a net loss per share of ₩1,487 last year. Price Target Changed • May 28
Price target increased by 9.5% to ₩52,150 Up from ₩47,625, the current price target is an average from 20 analysts. New target price is 14% below last closing price of ₩60,800. Stock is up 79% over the past year. The company is forecast to post earnings per share of ₩5,455 next year compared to a net loss per share of ₩1,487 last year. Reported Earnings • Mar 15
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: ₩1,501 loss per share (down from ₩4,767 profit in FY 2023). Revenue: ₩33t (up 10% from FY 2023). Net loss: ₩168.7b (down 132% from profit in FY 2023). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Construction industry in South Korea are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Declared Dividend • Feb 21
Dividend of ₩600 announced Dividend of ₩600 is the same as last year. Ex-date: 24th March 2025 Payment date: 1st January 1970 Dividend yield will be 1.7%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 76% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩31,400, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Construction industry in South Korea. Total loss to shareholders of 23% over the past three years. Major Estimate Revision • Jan 23
Consensus EPS estimates increase by 34%, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ₩31.3b to ₩30.5b. EPS estimate rose from ₩4,222 to ₩5,672. Net income forecast to grow 23% next year vs 43% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩38,625. Share price rose 10% to ₩29,600 over the past week. Annuncio • Jan 15
Hyundai Engineering & Construction Co.,Ltd. to Report Fiscal Year 2024 Results on Jan 22, 2025 Hyundai Engineering & Construction Co.,Ltd. announced that they will report fiscal year 2024 results on Jan 22, 2025 Annuncio • Nov 19
Hyundai Engineering & Construction Announces CEO Changes Hyundai Engineering & Construction announced the appointment of Lee Han-woo, head of Hyundai Engineering & Construction's housing business division, as its new CEO marks a generational shift as Lee becomes the company's first CEO born in the 1970s. Born in 1970, Lee joined the company in 1994 and has held a range of leadership roles over the past 30 years, including head of the strategic planning division. As the incoming CEO, he is expected to enhance Hyundai E&C's global portfolio in civil engineering, plant construction, and other sectors while spearheading a paradigm shift in the industry through strategic energy investments. Under outgoing CEO Yoon Young-joon, Hyundai E&C made significant strides in overseas markets, securing high-profile contracts such as a KRW 1 trillion ($750 million) power transmission project in Saudi Arabia and a KRW 20 trillion nuclear power plant project in Bulgaria. Major Estimate Revision • Oct 23
Consensus EPS estimates fall by 17% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩4,927 to ₩4,092 per share. Revenue forecast steady at ₩33.7b. Net income forecast to shrink 6.2% next year vs 29% growth forecast for Construction industry in South Korea . Consensus price target down from ₩41,692 to ₩40,825. Share price fell 3.9% to ₩28,500 over the past week. Annuncio • Jul 12
Hyundai Engineering & Construction Co.,Ltd. to Report First Half, 2024 Results on Jul 19, 2024 Hyundai Engineering & Construction Co.,Ltd. announced that they will report first half, 2024 results on Jul 19, 2024 New Risk • May 27
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Major Estimate Revision • Apr 24
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from ₩29.9b to ₩32.2b. EPS estimate increased from ₩4,591 to ₩5,104 per share. Net income forecast to grow 7.1% next year vs 7.1% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩45,143. Share price rose 10% to ₩34,550 over the past week. Annuncio • Apr 12
Hyundai Engineering & Construction Co.,Ltd. to Report Q1, 2024 Results on Apr 19, 2024 Hyundai Engineering & Construction Co.,Ltd. announced that they will report Q1, 2024 results on Apr 19, 2024 Major Estimate Revision • Jan 24
Consensus EPS estimates fall by 20%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₩28.5b to ₩30.1b. EPS estimate fell from ₩5,026 to ₩3,997 per share. Net income forecast to grow 65% next year vs 25% growth forecast for Construction industry in South Korea. Consensus price target broadly unchanged at ₩48,737. Share price fell 4.3% to ₩31,400 over the past week. Annuncio • Jan 16
Hyundai Engineering & Construction Co.,Ltd. to Report Fiscal Year 2023 Results on Jan 23, 2024 Hyundai Engineering & Construction Co.,Ltd. announced that they will report fiscal year 2023 results on Jan 23, 2024 Upcoming Dividend • Dec 20
Upcoming dividend of ₩600 per share at 1.7% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.9%). New Risk • Nov 19
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.2% net profit margin). Annuncio • Oct 06
Hyundai Engineering & Construction Co., Ltd. to Report Q3, 2023 Results on Oct 20, 2023 Hyundai Engineering & Construction Co., Ltd. announced that they will report Q3, 2023 results on Oct 20, 2023 New Risk • Aug 20
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 2.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.5% net profit margin). Buying Opportunity • Jul 26
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be ₩46,387, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 48% in the next 2 years. Reported Earnings • Mar 17
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: ₩3,637 (up from ₩3,625 in FY 2021). Revenue: ₩21t (up 18% from FY 2021). Net income: ₩408.9b (flat on FY 2021). Profit margin: 1.9% (down from 2.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Construction industry in South Korea. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 20% per year. Major Estimate Revision • Jan 21
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 revenue forecast increased from ₩21.4b to ₩23.8b. EPS estimate unchanged at ₩4,395. Net income forecast to shrink 23% next year vs 2.8% growth forecast for Construction industry in South Korea . Consensus price target broadly unchanged at ₩47,722. Share price rose 2.9% to ₩38,600 over the past week. Upcoming Dividend • Dec 21
Upcoming dividend of ₩600 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 9.0% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (3.2%). Price Target Changed • Nov 16
Price target decreased to ₩49,382 Down from ₩53,471, the current price target is an average from 17 analysts. New target price is 16% above last closing price of ₩42,650. Stock is down 13% over the past year. The company is forecast to post earnings per share of ₩5,651 for next year compared to ₩3,591 last year. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (4 non-independent directors). CFO, Senior VP & Director Kwang-Pyung Kim is the most experienced director on the board, commencing their role in 2018. Independent Outside Director Hye-Kyung Cho was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Price Target Changed • Nov 09
Price target decreased to ₩49,382 Down from ₩53,471, the current price target is an average from 17 analysts. New target price is 24% above last closing price of ₩39,800. Stock is down 20% over the past year. The company is forecast to post earnings per share of ₩5,651 for next year compared to ₩3,591 last year. Major Estimate Revision • Oct 28
Consensus EPS estimates increase by 13% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩20.0b to ₩20.7b. EPS estimate increased from ₩4,799 to ₩5,418 per share. Net income forecast to shrink 1.0% next year vs 11% growth forecast for Construction industry in South Korea . Consensus price target down from ₩53,471 to ₩51,853. Share price rose 2.8% to ₩35,100 over the past week. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improved over the past week After last week's 16% share price gain to ₩41,350, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 5x in the Construction industry in South Korea. Total loss to shareholders of 18% over the past three years. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (4 non-independent directors). CFO, Senior VP & Director Kwang-Pyung Kim is the most experienced director on the board, commencing their role in 2018. Independent Outside Director Hye-Kyung Cho was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Buying Opportunity • Mar 24
Now 21% undervalued Over the last 90 days, the stock is up 6.1%. The fair value is estimated to be ₩60,646, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 28% per annum over the last 3 years. Buying Opportunity • Jan 27
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be ₩49,488, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 33% per annum over the last 3 years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩600 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.1%). Price Target Changed • Apr 30
Price target increased to ₩55,060 Up from ₩51,200, the current price target is an average from 25 analysts. New target price is 9.2% above last closing price of ₩50,400. Stock is up 44% over the past year. Executive Departure • Apr 06
CEO & Chairman of the Board Dong-Wook Park has left the company On the 25th of March, Dong-Wook Park's tenure as CEO & Chairman of the Board of the company ended. As of December 2020, Dong-Wook personally held 2.00k shares (₩75m worth at the time). Dong-Wook is the only executive to leave the company over the last 12 months. Reported Earnings • Mar 21
Full year 2020 earnings released: EPS ₩1,097 (vs ₩3,656 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ₩17t (down 1.8% from FY 2019). Net income: ₩122.3b (down 70% from FY 2019). Profit margin: 0.7% (down from 2.4% in FY 2019). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year. Price Target Changed • Feb 03
Price target raised to ₩50,038 Up from ₩46,750, the current price target is an average from 25 analysts. The new target price is 12% above the current share price of ₩44,850. As of last close, the stock is up 16% over the past year. Price Target Changed • Jan 20
Price target raised to ₩46,750 Up from ₩43,577, the current price target is an average from 26 analysts. The new target price is close to the current share price of ₩45,150. As of last close, the stock is up 8.9% over the past year. Price Target Changed • Jan 15
Price target raised to ₩45,365 Up from ₩42,346, the current price target is an average from 26 analysts. The new target price is 6.0% above the current share price of ₩42,800. As of last close, the stock is up 1.8% over the past year.