Hanssem（A009240）株式概要ハンセム社は、韓国、日本、米国、中国でキッチン家具やインテリア関連製品を製造・販売している。 詳細A009240 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長1/6過去の実績1/6財務の健全性5/6配当金0/6報酬当社が推定した公正価値より56.8%で取引されている 収益は年間11.76%増加すると予測されています リスク分析財務結果に影響を与える大きな一時的項目 利益率(2.3%)は昨年より低い(6%) すべてのリスクチェックを見るA009240 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₩Current Price₩31.65k29.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-103b2t2016201920222025202620282031Revenue ₩2.0tEarnings ₩46.5bAdvancedSet Fair ValueView all narrativesHanssem Co., Ltd. 競合他社Ace BedSymbol: KOSDAQ:A003800Market cap: ₩336.2bHyundai Livart FurnitureSymbol: KOSE:A079430Market cap: ₩131.7bHankook FurnitureSymbol: KOSDAQ:A004590Market cap: ₩102.4bChinYang ChemicalSymbol: KOSE:A051630Market cap: ₩39.6b価格と性能株価の高値、安値、推移の概要Hanssem過去の株価現在の株価₩31,650.0052週高値₩54,800.0052週安値₩31,100.00ベータ0.971ヶ月の変化-19.47%3ヶ月変化-32.94%1年変化-21.76%3年間の変化-32.66%5年間の変化-70.83%IPOからの変化357.37%最新ニュースValuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩45,050, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 15x in the Consumer Durables industry in Asia. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩73,662 per share.New Risk • Mar 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Dividend per share is over 7x cash flows per share. Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩41,000, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Consumer Durables industry in Asia. Total loss to shareholders of 2.8% over the past three years.Major Estimate Revision • Feb 20Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩1.87b to ₩1.73b. EPS estimate also fell from ₩1,781 per share to ₩1,579 per share. Net income forecast to shrink 5.4% next year vs 21% growth forecast for Consumer Durables industry in South Korea . Consensus price target up from ₩49,115 to ₩50,423. Share price fell 2.9% to ₩47,200 over the past week.New Risk • Feb 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.009% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Dividend per share is over 7x cash flows per share. Earnings are forecast to decline by an average of 0.009% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).Major Estimate Revision • Feb 14Consensus EPS estimates increase by 17%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ₩1.87b to ₩1.76b. EPS estimate rose from ₩1,781 to ₩2,090. Net income forecast to grow 2.9% next year vs 22% growth forecast for Consumer Durables industry in South Korea. Consensus price target broadly unchanged at ₩49,731. Share price rose 9.5% to ₩48,600 over the past week.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩45,050, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 15x in the Consumer Durables industry in Asia. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩73,662 per share.New Risk • Mar 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Dividend per share is over 7x cash flows per share. Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩41,000, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Consumer Durables industry in Asia. Total loss to shareholders of 2.8% over the past three years.Major Estimate Revision • Feb 20Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩1.87b to ₩1.73b. EPS estimate also fell from ₩1,781 per share to ₩1,579 per share. Net income forecast to shrink 5.4% next year vs 21% growth forecast for Consumer Durables industry in South Korea . Consensus price target up from ₩49,115 to ₩50,423. Share price fell 2.9% to ₩47,200 over the past week.New Risk • Feb 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.009% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Dividend per share is over 7x cash flows per share. Earnings are forecast to decline by an average of 0.009% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).Major Estimate Revision • Feb 14Consensus EPS estimates increase by 17%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ₩1.87b to ₩1.76b. EPS estimate rose from ₩1,781 to ₩2,090. Net income forecast to grow 2.9% next year vs 22% growth forecast for Consumer Durables industry in South Korea. Consensus price target broadly unchanged at ₩49,731. Share price rose 9.5% to ₩48,600 over the past week.分析記事 • Nov 20Hanssem's (KRX:009240) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsHanssem Co., Ltd.'s ( KRX:009240 ) recent weak earnings report didn't cause a big stock movement. We think that...Reported Earnings • Nov 19Third quarter 2025 earnings released: ₩3.00 loss per share (vs ₩5,646 profit in 3Q 2024)Third quarter 2025 results: ₩3.00 loss per share (down from ₩5,646 profit in 3Q 2024). Revenue: ₩441.4b (down 2.8% from 3Q 2024). Net loss: ₩54.5m (down 100% from profit in 3Q 2024). Profit margin: 0% (down from 21% in 3Q 2024). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Durables industry in South Korea. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Major Estimate Revision • Nov 12Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩2,431 to ₩2,142 per share. Revenue forecast steady at ₩1.86b. Net income forecast to shrink 65% next year vs 27% growth forecast for Consumer Durables industry in South Korea . Consensus price target up from ₩48,583 to ₩50,000. Share price rose 3.0% to ₩46,450 over the past week.Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩1,951 (vs ₩822 in 2Q 2024)Second quarter 2025 results: EPS: ₩1,951 (up from ₩822 in 2Q 2024). Revenue: ₩459.4b (down 3.9% from 2Q 2024). Net income: ₩32.2b (up 138% from 2Q 2024). Profit margin: 7.0% (up from 2.8% in 2Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in South Korea. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Major Estimate Revision • Aug 13Consensus EPS estimates increase by 85%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩1.90b to ₩1.92b. EPS estimate increased from ₩1,625 to ₩2,999 per share. Net income forecast to shrink 69% next year vs 13% growth forecast for Consumer Durables industry in South Korea . Consensus price target of ₩51,700 unchanged from last update. Share price fell 3.2% to ₩44,250 over the past week.Price Target Changed • May 24Price target decreased by 8.2% to ₩53,545Down from ₩58,300, the current price target is an average from 11 analysts. New target price is 32% above last closing price of ₩40,650. Stock is down 33% over the past year. The company is forecast to post earnings per share of ₩1,645 for next year compared to ₩9,171 last year.Major Estimate Revision • May 17Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩1,942 to ₩1,655 per share. Revenue forecast steady at ₩1.93b. Net income forecast to shrink 80% next year vs 29% growth forecast for Consumer Durables industry in South Korea . Consensus price target of ₩58,300 unchanged from last update. Share price was steady at ₩41,550 over the past week.Price Target Changed • Apr 16Price target decreased by 8.4% to ₩57,364Down from ₩62,654, the current price target is an average from 11 analysts. New target price is 48% above last closing price of ₩38,650. Stock is down 15% over the past year. The company is forecast to post earnings per share of ₩1,942 for next year compared to ₩9,171 last year.Upcoming Dividend • Mar 21Upcoming dividend of ₩750 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 19 May 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 41%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (2.4%).分析記事 • Mar 20Hanssem's (KRX:009240) Earnings Might Not Be As Promising As They SeemShareholders didn't seem to be thrilled with Hanssem Co., Ltd.'s ( KRX:009240 ) recent earnings report, despite healthy...Reported Earnings • Mar 19Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: ₩9,171 (up from ₩3,810 loss in FY 2023). Revenue: ₩1.91t (down 3.0% from FY 2023). Net income: ₩151.1b (up ₩213.3b from FY 2023). Profit margin: 7.9% (up from net loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 44%. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Consumer Durables industry in South Korea. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.お知らせ • Feb 21Hanssem Co., Ltd., Annual General Meeting, Mar 21, 2025Hanssem Co., Ltd., Annual General Meeting, Mar 21, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 179, seongam-ro, mapo-gu, seoul South Korea分析記事 • Jan 02Hanssem (KRX:009240) Will Be Looking To Turn Around Its ReturnsWhen researching a stock for investment, what can tell us that the company is in decline? Businesses in decline often...New Risk • Nov 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 30% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 30% per year for the foreseeable future. High level of non-cash earnings (41% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 30x cash flows per share).Major Estimate Revision • Nov 16Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩5,074 to ₩5,692. Revenue forecast steady at ₩1.92b. Net income forecast to grow 362% next year vs 22% growth forecast for Consumer Durables industry in South Korea. Consensus price target broadly unchanged at ₩66,250. Share price fell 2.7% to ₩50,300 over the past week.Major Estimate Revision • Nov 08Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩4,580 to ₩5,074. Revenue forecast steady at ₩1.92b. Net income forecast to grow 336% next year vs 22% growth forecast for Consumer Durables industry in South Korea. Consensus price target of ₩67,107 unchanged from last update. Share price was steady at ₩52,200 over the past week.Buy Or Sell Opportunity • Sep 27Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.2% to ₩58,000. The fair value is estimated to be ₩72,559, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.5% in 2 years. Earnings are forecast to grow by 279% in the next 2 years.Upcoming Dividend • Sep 20Upcoming dividend of ₩3,000 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 25 November 2024. The company is paying out more than 100% of its profits and is paying out 90% of its cash flow. Trailing yield: 33%. Within top quartile of South Korean dividend payers (3.8%). Higher than average of industry peers (2.7%).分析記事 • Sep 11What Is Hanssem Co., Ltd.'s (KRX:009240) Share Price Doing?Hanssem Co., Ltd. ( KRX:009240 ), is not the largest company out there, but it received a lot of attention from a...分析記事 • Aug 26We Think Hanssem's (KRX:009240) Solid Earnings Are UnderstatedThe market seemed underwhelmed by last week's earnings announcement from Hanssem Co., Ltd. ( KRX:009240 ) despite the...Major Estimate Revision • Aug 13Consensus EPS estimates fall by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩2.00b to ₩1.98b. EPS estimate also fell from ₩3,319 per share to ₩2,304 per share. Net income forecast to grow 5,930% next year vs 19% growth forecast for Consumer Durables industry in South Korea. Consensus price target broadly unchanged at ₩67,667. Share price fell 3.4% to ₩51,600 over the past week.分析記事 • Jul 30Is There An Opportunity With Hanssem Co., Ltd.'s (KRX:009240) 32% Undervaluation?Key Insights Hanssem's estimated fair value is ₩94,200 based on 2 Stage Free Cash Flow to Equity Current share price of...分析記事 • Jul 13Investors Could Be Concerned With Hanssem's (KRX:009240) Returns On CapitalWhen it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...New Risk • Jul 08New minor risk - Share price stabilityThe 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. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 91x earnings per share. Cash payout ratio: 247% Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).分析記事 • Jun 21Is Hanssem (KRX:009240) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • May 29Why Hanssem Co., Ltd. (KRX:009240) Could Be Worth WatchingHanssem Co., Ltd. ( KRX:009240 ), might not be a large cap stock, but it led the KOSE gainers with a relatively large...Buy Or Sell Opportunity • May 29Now 20% undervaluedOver the last 90 days, the stock has risen 19% to ₩57,700. The fair value is estimated to be ₩72,347, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 7.5% in 2 years. Earnings are forecast to grow by 5,640% in the next 2 years.Reported Earnings • May 19First quarter 2024 earnings released: EPS: ₩2,944 (vs ₩923 loss in 1Q 2023)First quarter 2024 results: EPS: ₩2,944 (up from ₩923 loss in 1Q 2023). Revenue: ₩485.9b (up 3.5% from 1Q 2023). Net income: ₩48.5b (up ₩63.1b from 1Q 2023). Profit margin: 10.0% (up from net loss in 1Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables 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 78 percentage points per year, which is a significant difference in performance.Price Target Changed • May 18Price target increased by 7.9% to ₩63,038Up from ₩58,423, the current price target is an average from 13 analysts. New target price is 6.5% above last closing price of ₩59,200. Stock is up 25% over the past year. The company is forecast to post earnings per share of ₩3,718 next year compared to a net loss per share of ₩3,810 last year.分析記事 • May 10Hanssem Co., Ltd.'s (KRX:009240) Shares Climb 33% But Its Business Is Yet to Catch UpHanssem Co., Ltd. ( KRX:009240 ) shareholders have had their patience rewarded with a 33% share price jump in the last...Buy Or Sell Opportunity • May 10Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to ₩63,400. The fair value is estimated to be ₩50,778, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.9% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Mar 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: ₩3,810 loss per share (improved from ₩4,412 loss in FY 2022). Revenue: ₩1.97t (down 1.7% from FY 2022). Net loss: ₩62.2b (loss narrowed 13% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Consumer Durables 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 81 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 17Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: ₩793 loss per share (further deteriorated from ₩512 loss in 3Q 2022). Revenue: ₩480.9b (flat on 3Q 2022). Net loss: ₩13.1b (loss widened 62% from 3Q 2022). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables 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.Buying Opportunity • Nov 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be ₩58,835, 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. Meanwhile, the company became loss making.New Risk • Aug 27New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 216% Dividend yield: 5.2% 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. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 216% Minor Risk Shareholders have been diluted in the past year (3.9% increase in shares outstanding).Price Target Changed • Aug 10Price target increased by 7.6% to ₩55,682Up from ₩51,773, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₩54,800. Stock is down 0.5% over the past year. The company is forecast to post a net loss per share of ₩390 next year compared to a net loss per share of ₩4,412 last year.Major Estimate Revision • Aug 06Consensus estimates of losses per share improve by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩1.97b to ₩2.02b. EPS estimate increased from -₩960 per share to -₩771 per share. Consumer Durables industry in South Korea expected to see average net income growth of 26% next year. Consensus price target up from ₩51,773 to ₩53,318. Share price rose 9.4% to ₩48,800 over the past week.New Risk • Aug 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.お知らせ • Jul 15Hanssem Co., Ltd. Appoints Eugene Kim as CEOHanssem Co., Ltd. appointed Eugene Kim as the new CEO to improve profitability and foster a rebound. It has only been a year and a half since former CEO Kim Jin-tae took over the office, brought in to rescue the faltering business. The biggest reason for the CEO change can be attributed to the company losing money despite the former CEO's efforts to revive it. The new CEO, Kim, is a young female leader in her 40s, who was born in 1981. She is currently the CEO of Able C&C, a cosmetics company, which is operated by IMM Private Equity (PE). IMM PE is the largest shareholder of Hanssem with a 35.4% stake.Upcoming Dividend • Jun 22Upcoming dividend of ₩400 per shareEligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 August 2023. The company last paid an ordinary dividend in March 2015. The average dividend yield among industry peers is 1.4%.Major Estimate Revision • May 06Consensus EPS estimates upgraded to ₩20.20 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -₩361 to -₩20.20 per share. Revenue forecast steady at ₩2.02b. Consumer Durables industry in South Korea expected to see average net income growth of 23% next year. Consensus price target of ₩50,818 unchanged from last update. Share price was steady at ₩44,950 over the past week.Buying Opportunity • Apr 07Now 21% undervaluedOver the last 90 days, the stock is up 8.8%. The fair value is estimated to be ₩61,003, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 2.4% in a year. Earnings is forecast to grow by 98% in the next year.Upcoming Dividend • Mar 23Upcoming dividend of ₩400 per shareEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 May 2023. The company last paid an ordinary dividend in March 2015. The average dividend yield among industry peers is 1.5%.Reported Earnings • Mar 17Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: ₩4,412 loss per share (down from ₩3,266 profit in FY 2021). Revenue: ₩2.00t (down 10% from FY 2021). Net loss: ₩71.3b (down 228% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Consumer Durables industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Mar 08Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩853 to ₩740 per share. Revenue forecast steady at ₩2.05b. Net income forecast to grow 13% next year vs 42% growth forecast for Consumer Durables industry in South Korea. Consensus price target of ₩51,291 unchanged from last update. Share price rose 20% to ₩53,600 over the past week.Major Estimate Revision • Feb 12Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩2.17b to ₩2.12b. EPS estimate also fell from ₩1,878 per share to ₩1,642 per share. Net income forecast to grow 288% next year vs 36% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩54,500 to ₩52,200. Share price fell 11% to ₩47,100 over the past week.Major Estimate Revision • Jan 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩862 to ₩577 per share. Revenue forecast steady at ₩2.06b. Net income forecast to grow 376% next year vs 64% growth forecast for Consumer Durables industry in South Korea. Consensus price target of ₩53,833 unchanged from last update. Share price rose 5.6% to ₩51,200 over the past week.Major Estimate Revision • Jan 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩993 to ₩862. Revenue forecast unchanged from ₩2.06b at last update. Net income forecast to grow 407% next year vs 64% growth forecast for Consumer Durables industry in South Korea. Consensus price target of ₩53,833 unchanged from last update. Share price rose 15% to ₩48,500 over the past week.Price Target Changed • Jan 05Price target decreased to ₩53,833Down from ₩58,455, the current price target is an average from 12 analysts. New target price is 21% above last closing price of ₩44,400. Stock is down 49% over the past year. The company is forecast to post earnings per share of ₩996 for next year compared to ₩3,266 last year.Price Target Changed • Dec 19Price target decreased to ₩53,500Down from ₩58,455, the current price target is an average from 12 analysts. New target price is 18% above last closing price of ₩45,200. Stock is down 54% over the past year. The company is forecast to post earnings per share of ₩636 for next year compared to ₩3,266 last year.Major Estimate Revision • Nov 23Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩1,305 to ₩1,060 per share. Revenue forecast steady at ₩2.08b. Net income forecast to shrink 4.5% next year vs 22% growth forecast for Consumer Durables industry in South Korea . Consensus price target down from ₩65,231 to ₩58,250. Share price fell 3.2% to ₩44,300 over the past week.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Outside Director Yun-Taek Oh was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Oct 31Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 34%. The fair value is estimated to be ₩47,612, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to grow by 94% in the next 2 years.Major Estimate Revision • Oct 05Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩1,843 to ₩1,641 per share. Revenue forecast steady at ₩2.08b. Net income forecast to grow 45% next year vs 51% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩77,000 to ₩71,846. Share price fell 6.7% to ₩41,650 over the past week.Price Target Changed • Oct 04Price target decreased to ₩73,231Down from ₩81,286, the current price target is an average from 13 analysts. New target price is 68% above last closing price of ₩43,650. Stock is down 61% over the past year. The company is forecast to post earnings per share of ₩1,867 for next year compared to ₩3,266 last year.Buying Opportunity • Aug 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be ₩67,023, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 125% in the next 2 years.Major Estimate Revision • Aug 08Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩2.24b to ₩2.12b. EPS estimate also fell from ₩2,674 per share to ₩2,211 per share. Net income forecast to grow 11% next year vs 34% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩89,504 to ₩87,667. Share price was steady at ₩58,300 over the past week.Price Target Changed • Jul 21Price target decreased to ₩87,667Down from ₩95,000, the current price target is an average from 15 analysts. New target price is 56% above last closing price of ₩56,300. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₩2,674 for next year compared to ₩3,266 last year.Buying Opportunity • Jul 12Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be ₩75,035, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 51% in the next 2 years.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₩62,300, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Consumer Durables industry in South Korea. Total loss to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩50,601 per share.Price Target Changed • May 25Price target decreased to ₩102,938Down from ₩112,667, the current price target is an average from 16 analysts. New target price is 51% above last closing price of ₩68,000. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₩3,288 for next year compared to ₩3,266 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Outside Director Yun-Taek Oh was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Apr 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be ₩103,275, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.Price Target Changed • Feb 23Price target decreased to ₩124,611Down from ₩134,737, the current price target is an average from 17 analysts. New target price is 74% above last closing price of ₩71,800. Stock is down 27% over the past year. The company is forecast to post earnings per share of ₩3,686 for next year compared to ₩3,766 last year.Major Estimate Revision • Feb 10Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩2.48b to ₩2.41b. EPS estimate also fell from ₩4,524 per share to ₩3,960 per share. Net income forecast to grow 12% next year vs 54% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩134,737 to ₩130,150. Share price was steady at ₩74,300 over the past week.Upcoming Dividend • Dec 22Upcoming dividend of ₩1,300 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 04 April 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.1%).お知らせ • Jul 15IMM Private Equity, Inc. signed a memorandum of understanding to acquire Hanssem Co., Ltd. (KOSE:A009240) from group of shareholders.IMM Private Equity, Inc. signed a memorandum of understanding to acquire Hanssem Co., Ltd. (KOSE:A009240) from group of shareholders on July 14, 2021. Sellers include Jo Chang-geol, the largest shareholder, and 7 related parties. After signing this MOU, the final contents of the share transfer contract will be determined through due diligence and negotiations on specific transaction conditions.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 38% share price gain to ₩146,500, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 12x in the Consumer Durables industry in South Korea. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩96,448 per share.分析記事 • Apr 17Hanssem (KRX:009240) Could Easily Take On More DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Apr 03Should You Investigate Hanssem Co., Ltd. (KRX:009240) At ₩118,500?Hanssem Co., Ltd. ( KRX:009240 ), is not the largest company out there, but it led the KOSE gainers with a relatively...分析記事 • Mar 21Will Hanssem (KRX:009240) Multiply In Value Going Forward?What are the early trends we should look for to identify a stock that could multiply in value over the long term...Reported Earnings • Mar 17Full year 2020 earnings released: EPS ₩3,766 (vs ₩2,423 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₩2.07t (up 22% from FY 2019). Net income: ₩65.1b (up 52% from FY 2019). Profit margin: 3.1% (up from 2.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% 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.分析記事 • Mar 08Read This Before Buying Hanssem Co., Ltd. (KRX:009240) For Its DividendToday we'll take a closer look at Hanssem Co., Ltd. ( KRX:009240 ) from a dividend investor's perspective. Owning a...お知らせ • Feb 27Hanssem Co., Ltd., Annual General Meeting, Mar 19, 2021Hanssem Co., Ltd., Annual General Meeting, Mar 19, 2021, at 11:00 Korea Standard Time.分析記事 • Feb 23What Kind Of Investors Own Most Of Hanssem Co., Ltd. (KRX:009240)?The big shareholder groups in Hanssem Co., Ltd. ( KRX:009240 ) have power over the company. Insiders often own a large...分析記事 • Feb 10Hanssem's (KRX:009240) Stock Price Has Reduced 56% In The Past Five YearsHanssem Co., Ltd. ( KRX:009240 ) shareholders should be happy to see the share price up 16% in the last quarter. But...分析記事 • Jan 29Are Hanssem Co., Ltd.'s (KRX:009240) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?It is hard to get excited after looking at Hanssem's (KRX:009240) recent performance, when its stock has declined 9.3...分析記事 • Jan 17Hanssem (KRX:009240) Seems To Use Debt Rather SparinglyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Jan 05Here's Why We Think Hanssem's (KRX:009240) Statutory Earnings Might Be ConservativeMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...分析記事 • Dec 24Just Four Days Till Hanssem Co., Ltd. (KRX:009240) Will Be Trading Ex-DividendReaders hoping to buy Hanssem Co., Ltd. ( KRX:009240 ) for its dividend will need to make their move shortly, as the...分析記事 • Dec 15Is Now An Opportune Moment To Examine Hanssem Co., Ltd. (KRX:009240)?Hanssem Co., Ltd. ( KRX:009240 ), is not the largest company out there, but it saw a decent share price growth in the...分析記事 • Dec 03Is Hanssem (KRX:009240) Likely To Turn Things Around?What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...分析記事 • Nov 21Do Institutions Own Hanssem Co., Ltd. (KRX:009240) Shares?A look at the shareholders of Hanssem Co., Ltd. (KRX:009240) can tell us which group is most powerful. Large companies...Valuation Update With 7 Day Price Move • Oct 19Market pulls back on stock over the past weekAfter last week's 17% share price decline to ₩98,400, the stock is trading at a trailing P/E ratio of 33.1x, down from the previous P/E ratio of 39.8x. This compares to an average P/E of 14x in the Consumer Durables industry in South Korea. Total return to shareholders over the past three years is a loss of 39%.Price Target Changed • Oct 13Price target raised to ₩122,833Up from ₩114,722, the current price target is an average from 17 analysts. The new target price is 11% above the current share price of ₩110,500. As of last close, the stock is up 86% over the past year.Is New 90 Day High Low • Oct 12New 90-day high: ₩118,500The company is up 1.0% from its price of ₩117,500 on 14 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩47,095 per share.株主還元A009240KR Consumer DurablesKR 市場7D-13.2%-6.0%-8.2%1Y-21.8%78.6%159.6%株主還元を見る業界別リターン: A009240過去 1 年間で78.6 % の収益を上げたKR Consumer Durables業界を下回りました。リターン対市場: A009240は、過去 1 年間で159.6 % のリターンを上げたKR市場を下回りました。価格変動Is A009240's price volatile compared to industry and market?A009240 volatilityA009240 Average Weekly Movement7.6%Consumer Durables Industry Average Movement6.6%Market Average Movement9.3%10% most volatile stocks in KR Market16.5%10% least volatile stocks in KR Market4.9%安定した株価: A009240 、 KR市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: A009240の 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19702,189Eugene Kimcompany.hanssem.com韓国、日本、米国、中国でキッチン家具やインテリア関連製品を製造・販売している。ホームインテリア分野の関連製品を手掛ける。キッチン、ベッドルーム、リビングルーム、バスルーム用の家具、家電製品、家庭用アクセサリー、ファブリック製品などを提供している。また、キッチンやバスルームのリフォームソリューションも提供している。さらに、建設、リフォーム/キッチン、家庭用品、家具関連の建設サービスも提供している。さらに、輸入インテリア家具の販売にも携わっている。同社は1970年に設立され、韓国の安山市 に本社を置いている。もっと見るHanssem Co., Ltd. 基礎のまとめHanssem の収益と売上を時価総額と比較するとどうか。A009240 基礎統計学時価総額₩519.09b収益（TTM）₩39.31b売上高(TTM)₩1.70t13.3xPER（株価収益率0.3xP/SレシオA009240 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計A009240 損益計算書（TTM）収益₩1.70t売上原価₩1.26t売上総利益₩439.68bその他の費用₩400.37b収益₩39.31b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）2.39kグロス・マージン25.86%純利益率2.31%有利子負債／自己資本比率12.4%A009240 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 14:55終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Hanssem Co., Ltd. 12 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。22 アナリスト機関P. K. ParkCGS InternationalSteve ChungCLSASanjeev RanaCLSA19 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩45,050, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 15x in the Consumer Durables industry in Asia. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩73,662 per share.
New Risk • Mar 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Dividend per share is over 7x cash flows per share. Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩41,000, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Consumer Durables industry in Asia. Total loss to shareholders of 2.8% over the past three years.
Major Estimate Revision • Feb 20Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩1.87b to ₩1.73b. EPS estimate also fell from ₩1,781 per share to ₩1,579 per share. Net income forecast to shrink 5.4% next year vs 21% growth forecast for Consumer Durables industry in South Korea . Consensus price target up from ₩49,115 to ₩50,423. Share price fell 2.9% to ₩47,200 over the past week.
New Risk • Feb 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.009% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Dividend per share is over 7x cash flows per share. Earnings are forecast to decline by an average of 0.009% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).
Major Estimate Revision • Feb 14Consensus EPS estimates increase by 17%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ₩1.87b to ₩1.76b. EPS estimate rose from ₩1,781 to ₩2,090. Net income forecast to grow 2.9% next year vs 22% growth forecast for Consumer Durables industry in South Korea. Consensus price target broadly unchanged at ₩49,731. Share price rose 9.5% to ₩48,600 over the past week.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩45,050, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 15x in the Consumer Durables industry in Asia. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩73,662 per share.
New Risk • Mar 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Dividend per share is over 7x cash flows per share. Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩41,000, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Consumer Durables industry in Asia. Total loss to shareholders of 2.8% over the past three years.
Major Estimate Revision • Feb 20Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩1.87b to ₩1.73b. EPS estimate also fell from ₩1,781 per share to ₩1,579 per share. Net income forecast to shrink 5.4% next year vs 21% growth forecast for Consumer Durables industry in South Korea . Consensus price target up from ₩49,115 to ₩50,423. Share price fell 2.9% to ₩47,200 over the past week.
New Risk • Feb 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.009% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Dividend per share is over 7x cash flows per share. Earnings are forecast to decline by an average of 0.009% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).
Major Estimate Revision • Feb 14Consensus EPS estimates increase by 17%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ₩1.87b to ₩1.76b. EPS estimate rose from ₩1,781 to ₩2,090. Net income forecast to grow 2.9% next year vs 22% growth forecast for Consumer Durables industry in South Korea. Consensus price target broadly unchanged at ₩49,731. Share price rose 9.5% to ₩48,600 over the past week.
分析記事 • Nov 20Hanssem's (KRX:009240) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsHanssem Co., Ltd.'s ( KRX:009240 ) recent weak earnings report didn't cause a big stock movement. We think that...
Reported Earnings • Nov 19Third quarter 2025 earnings released: ₩3.00 loss per share (vs ₩5,646 profit in 3Q 2024)Third quarter 2025 results: ₩3.00 loss per share (down from ₩5,646 profit in 3Q 2024). Revenue: ₩441.4b (down 2.8% from 3Q 2024). Net loss: ₩54.5m (down 100% from profit in 3Q 2024). Profit margin: 0% (down from 21% in 3Q 2024). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Durables industry in South Korea. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Major Estimate Revision • Nov 12Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩2,431 to ₩2,142 per share. Revenue forecast steady at ₩1.86b. Net income forecast to shrink 65% next year vs 27% growth forecast for Consumer Durables industry in South Korea . Consensus price target up from ₩48,583 to ₩50,000. Share price rose 3.0% to ₩46,450 over the past week.
Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩1,951 (vs ₩822 in 2Q 2024)Second quarter 2025 results: EPS: ₩1,951 (up from ₩822 in 2Q 2024). Revenue: ₩459.4b (down 3.9% from 2Q 2024). Net income: ₩32.2b (up 138% from 2Q 2024). Profit margin: 7.0% (up from 2.8% in 2Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in South Korea. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Aug 13Consensus EPS estimates increase by 85%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩1.90b to ₩1.92b. EPS estimate increased from ₩1,625 to ₩2,999 per share. Net income forecast to shrink 69% next year vs 13% growth forecast for Consumer Durables industry in South Korea . Consensus price target of ₩51,700 unchanged from last update. Share price fell 3.2% to ₩44,250 over the past week.
Price Target Changed • May 24Price target decreased by 8.2% to ₩53,545Down from ₩58,300, the current price target is an average from 11 analysts. New target price is 32% above last closing price of ₩40,650. Stock is down 33% over the past year. The company is forecast to post earnings per share of ₩1,645 for next year compared to ₩9,171 last year.
Major Estimate Revision • May 17Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩1,942 to ₩1,655 per share. Revenue forecast steady at ₩1.93b. Net income forecast to shrink 80% next year vs 29% growth forecast for Consumer Durables industry in South Korea . Consensus price target of ₩58,300 unchanged from last update. Share price was steady at ₩41,550 over the past week.
Price Target Changed • Apr 16Price target decreased by 8.4% to ₩57,364Down from ₩62,654, the current price target is an average from 11 analysts. New target price is 48% above last closing price of ₩38,650. Stock is down 15% over the past year. The company is forecast to post earnings per share of ₩1,942 for next year compared to ₩9,171 last year.
Upcoming Dividend • Mar 21Upcoming dividend of ₩750 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 19 May 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 41%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (2.4%).
分析記事 • Mar 20Hanssem's (KRX:009240) Earnings Might Not Be As Promising As They SeemShareholders didn't seem to be thrilled with Hanssem Co., Ltd.'s ( KRX:009240 ) recent earnings report, despite healthy...
Reported Earnings • Mar 19Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: ₩9,171 (up from ₩3,810 loss in FY 2023). Revenue: ₩1.91t (down 3.0% from FY 2023). Net income: ₩151.1b (up ₩213.3b from FY 2023). Profit margin: 7.9% (up from net loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 44%. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Consumer Durables industry in South Korea. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
お知らせ • Feb 21Hanssem Co., Ltd., Annual General Meeting, Mar 21, 2025Hanssem Co., Ltd., Annual General Meeting, Mar 21, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 179, seongam-ro, mapo-gu, seoul South Korea
分析記事 • Jan 02Hanssem (KRX:009240) Will Be Looking To Turn Around Its ReturnsWhen researching a stock for investment, what can tell us that the company is in decline? Businesses in decline often...
New Risk • Nov 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 30% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 30% per year for the foreseeable future. High level of non-cash earnings (41% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 30x cash flows per share).
Major Estimate Revision • Nov 16Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩5,074 to ₩5,692. Revenue forecast steady at ₩1.92b. Net income forecast to grow 362% next year vs 22% growth forecast for Consumer Durables industry in South Korea. Consensus price target broadly unchanged at ₩66,250. Share price fell 2.7% to ₩50,300 over the past week.
Major Estimate Revision • Nov 08Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩4,580 to ₩5,074. Revenue forecast steady at ₩1.92b. Net income forecast to grow 336% next year vs 22% growth forecast for Consumer Durables industry in South Korea. Consensus price target of ₩67,107 unchanged from last update. Share price was steady at ₩52,200 over the past week.
Buy Or Sell Opportunity • Sep 27Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.2% to ₩58,000. The fair value is estimated to be ₩72,559, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.5% in 2 years. Earnings are forecast to grow by 279% in the next 2 years.
Upcoming Dividend • Sep 20Upcoming dividend of ₩3,000 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 25 November 2024. The company is paying out more than 100% of its profits and is paying out 90% of its cash flow. Trailing yield: 33%. Within top quartile of South Korean dividend payers (3.8%). Higher than average of industry peers (2.7%).
分析記事 • Sep 11What Is Hanssem Co., Ltd.'s (KRX:009240) Share Price Doing?Hanssem Co., Ltd. ( KRX:009240 ), is not the largest company out there, but it received a lot of attention from a...
分析記事 • Aug 26We Think Hanssem's (KRX:009240) Solid Earnings Are UnderstatedThe market seemed underwhelmed by last week's earnings announcement from Hanssem Co., Ltd. ( KRX:009240 ) despite the...
Major Estimate Revision • Aug 13Consensus EPS estimates fall by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩2.00b to ₩1.98b. EPS estimate also fell from ₩3,319 per share to ₩2,304 per share. Net income forecast to grow 5,930% next year vs 19% growth forecast for Consumer Durables industry in South Korea. Consensus price target broadly unchanged at ₩67,667. Share price fell 3.4% to ₩51,600 over the past week.
分析記事 • Jul 30Is There An Opportunity With Hanssem Co., Ltd.'s (KRX:009240) 32% Undervaluation?Key Insights Hanssem's estimated fair value is ₩94,200 based on 2 Stage Free Cash Flow to Equity Current share price of...
分析記事 • Jul 13Investors Could Be Concerned With Hanssem's (KRX:009240) Returns On CapitalWhen it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
New Risk • Jul 08New minor risk - Share price stabilityThe 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. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 91x earnings per share. Cash payout ratio: 247% Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).
分析記事 • Jun 21Is Hanssem (KRX:009240) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • May 29Why Hanssem Co., Ltd. (KRX:009240) Could Be Worth WatchingHanssem Co., Ltd. ( KRX:009240 ), might not be a large cap stock, but it led the KOSE gainers with a relatively large...
Buy Or Sell Opportunity • May 29Now 20% undervaluedOver the last 90 days, the stock has risen 19% to ₩57,700. The fair value is estimated to be ₩72,347, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 7.5% in 2 years. Earnings are forecast to grow by 5,640% in the next 2 years.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: ₩2,944 (vs ₩923 loss in 1Q 2023)First quarter 2024 results: EPS: ₩2,944 (up from ₩923 loss in 1Q 2023). Revenue: ₩485.9b (up 3.5% from 1Q 2023). Net income: ₩48.5b (up ₩63.1b from 1Q 2023). Profit margin: 10.0% (up from net loss in 1Q 2023). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables 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 78 percentage points per year, which is a significant difference in performance.
Price Target Changed • May 18Price target increased by 7.9% to ₩63,038Up from ₩58,423, the current price target is an average from 13 analysts. New target price is 6.5% above last closing price of ₩59,200. Stock is up 25% over the past year. The company is forecast to post earnings per share of ₩3,718 next year compared to a net loss per share of ₩3,810 last year.
分析記事 • May 10Hanssem Co., Ltd.'s (KRX:009240) Shares Climb 33% But Its Business Is Yet to Catch UpHanssem Co., Ltd. ( KRX:009240 ) shareholders have had their patience rewarded with a 33% share price jump in the last...
Buy Or Sell Opportunity • May 10Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to ₩63,400. The fair value is estimated to be ₩50,778, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.9% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Mar 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: ₩3,810 loss per share (improved from ₩4,412 loss in FY 2022). Revenue: ₩1.97t (down 1.7% from FY 2022). Net loss: ₩62.2b (loss narrowed 13% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Consumer Durables 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 81 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 17Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: ₩793 loss per share (further deteriorated from ₩512 loss in 3Q 2022). Revenue: ₩480.9b (flat on 3Q 2022). Net loss: ₩13.1b (loss widened 62% from 3Q 2022). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables 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.
Buying Opportunity • Nov 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be ₩58,835, 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. Meanwhile, the company became loss making.
New Risk • Aug 27New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 216% Dividend yield: 5.2% 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. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 216% Minor Risk Shareholders have been diluted in the past year (3.9% increase in shares outstanding).
Price Target Changed • Aug 10Price target increased by 7.6% to ₩55,682Up from ₩51,773, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₩54,800. Stock is down 0.5% over the past year. The company is forecast to post a net loss per share of ₩390 next year compared to a net loss per share of ₩4,412 last year.
Major Estimate Revision • Aug 06Consensus estimates of losses per share improve by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₩1.97b to ₩2.02b. EPS estimate increased from -₩960 per share to -₩771 per share. Consumer Durables industry in South Korea expected to see average net income growth of 26% next year. Consensus price target up from ₩51,773 to ₩53,318. Share price rose 9.4% to ₩48,800 over the past week.
New Risk • Aug 05New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
お知らせ • Jul 15Hanssem Co., Ltd. Appoints Eugene Kim as CEOHanssem Co., Ltd. appointed Eugene Kim as the new CEO to improve profitability and foster a rebound. It has only been a year and a half since former CEO Kim Jin-tae took over the office, brought in to rescue the faltering business. The biggest reason for the CEO change can be attributed to the company losing money despite the former CEO's efforts to revive it. The new CEO, Kim, is a young female leader in her 40s, who was born in 1981. She is currently the CEO of Able C&C, a cosmetics company, which is operated by IMM Private Equity (PE). IMM PE is the largest shareholder of Hanssem with a 35.4% stake.
Upcoming Dividend • Jun 22Upcoming dividend of ₩400 per shareEligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 August 2023. The company last paid an ordinary dividend in March 2015. The average dividend yield among industry peers is 1.4%.
Major Estimate Revision • May 06Consensus EPS estimates upgraded to ₩20.20 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -₩361 to -₩20.20 per share. Revenue forecast steady at ₩2.02b. Consumer Durables industry in South Korea expected to see average net income growth of 23% next year. Consensus price target of ₩50,818 unchanged from last update. Share price was steady at ₩44,950 over the past week.
Buying Opportunity • Apr 07Now 21% undervaluedOver the last 90 days, the stock is up 8.8%. The fair value is estimated to be ₩61,003, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 2.4% in a year. Earnings is forecast to grow by 98% in the next year.
Upcoming Dividend • Mar 23Upcoming dividend of ₩400 per shareEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 May 2023. The company last paid an ordinary dividend in March 2015. The average dividend yield among industry peers is 1.5%.
Reported Earnings • Mar 17Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: ₩4,412 loss per share (down from ₩3,266 profit in FY 2021). Revenue: ₩2.00t (down 10% from FY 2021). Net loss: ₩71.3b (down 228% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Consumer Durables industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Mar 08Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩853 to ₩740 per share. Revenue forecast steady at ₩2.05b. Net income forecast to grow 13% next year vs 42% growth forecast for Consumer Durables industry in South Korea. Consensus price target of ₩51,291 unchanged from last update. Share price rose 20% to ₩53,600 over the past week.
Major Estimate Revision • Feb 12Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩2.17b to ₩2.12b. EPS estimate also fell from ₩1,878 per share to ₩1,642 per share. Net income forecast to grow 288% next year vs 36% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩54,500 to ₩52,200. Share price fell 11% to ₩47,100 over the past week.
Major Estimate Revision • Jan 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩862 to ₩577 per share. Revenue forecast steady at ₩2.06b. Net income forecast to grow 376% next year vs 64% growth forecast for Consumer Durables industry in South Korea. Consensus price target of ₩53,833 unchanged from last update. Share price rose 5.6% to ₩51,200 over the past week.
Major Estimate Revision • Jan 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩993 to ₩862. Revenue forecast unchanged from ₩2.06b at last update. Net income forecast to grow 407% next year vs 64% growth forecast for Consumer Durables industry in South Korea. Consensus price target of ₩53,833 unchanged from last update. Share price rose 15% to ₩48,500 over the past week.
Price Target Changed • Jan 05Price target decreased to ₩53,833Down from ₩58,455, the current price target is an average from 12 analysts. New target price is 21% above last closing price of ₩44,400. Stock is down 49% over the past year. The company is forecast to post earnings per share of ₩996 for next year compared to ₩3,266 last year.
Price Target Changed • Dec 19Price target decreased to ₩53,500Down from ₩58,455, the current price target is an average from 12 analysts. New target price is 18% above last closing price of ₩45,200. Stock is down 54% over the past year. The company is forecast to post earnings per share of ₩636 for next year compared to ₩3,266 last year.
Major Estimate Revision • Nov 23Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩1,305 to ₩1,060 per share. Revenue forecast steady at ₩2.08b. Net income forecast to shrink 4.5% next year vs 22% growth forecast for Consumer Durables industry in South Korea . Consensus price target down from ₩65,231 to ₩58,250. Share price fell 3.2% to ₩44,300 over the past week.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Outside Director Yun-Taek Oh was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Oct 31Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 34%. The fair value is estimated to be ₩47,612, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to grow by 94% in the next 2 years.
Major Estimate Revision • Oct 05Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩1,843 to ₩1,641 per share. Revenue forecast steady at ₩2.08b. Net income forecast to grow 45% next year vs 51% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩77,000 to ₩71,846. Share price fell 6.7% to ₩41,650 over the past week.
Price Target Changed • Oct 04Price target decreased to ₩73,231Down from ₩81,286, the current price target is an average from 13 analysts. New target price is 68% above last closing price of ₩43,650. Stock is down 61% over the past year. The company is forecast to post earnings per share of ₩1,867 for next year compared to ₩3,266 last year.
Buying Opportunity • Aug 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be ₩67,023, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 125% in the next 2 years.
Major Estimate Revision • Aug 08Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩2.24b to ₩2.12b. EPS estimate also fell from ₩2,674 per share to ₩2,211 per share. Net income forecast to grow 11% next year vs 34% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩89,504 to ₩87,667. Share price was steady at ₩58,300 over the past week.
Price Target Changed • Jul 21Price target decreased to ₩87,667Down from ₩95,000, the current price target is an average from 15 analysts. New target price is 56% above last closing price of ₩56,300. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₩2,674 for next year compared to ₩3,266 last year.
Buying Opportunity • Jul 12Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be ₩75,035, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 51% in the next 2 years.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₩62,300, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Consumer Durables industry in South Korea. Total loss to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩50,601 per share.
Price Target Changed • May 25Price target decreased to ₩102,938Down from ₩112,667, the current price target is an average from 16 analysts. New target price is 51% above last closing price of ₩68,000. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₩3,288 for next year compared to ₩3,266 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Outside Director Yun-Taek Oh was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Apr 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be ₩103,275, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.
Price Target Changed • Feb 23Price target decreased to ₩124,611Down from ₩134,737, the current price target is an average from 17 analysts. New target price is 74% above last closing price of ₩71,800. Stock is down 27% over the past year. The company is forecast to post earnings per share of ₩3,686 for next year compared to ₩3,766 last year.
Major Estimate Revision • Feb 10Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩2.48b to ₩2.41b. EPS estimate also fell from ₩4,524 per share to ₩3,960 per share. Net income forecast to grow 12% next year vs 54% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩134,737 to ₩130,150. Share price was steady at ₩74,300 over the past week.
Upcoming Dividend • Dec 22Upcoming dividend of ₩1,300 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 04 April 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.1%).
お知らせ • Jul 15IMM Private Equity, Inc. signed a memorandum of understanding to acquire Hanssem Co., Ltd. (KOSE:A009240) from group of shareholders.IMM Private Equity, Inc. signed a memorandum of understanding to acquire Hanssem Co., Ltd. (KOSE:A009240) from group of shareholders on July 14, 2021. Sellers include Jo Chang-geol, the largest shareholder, and 7 related parties. After signing this MOU, the final contents of the share transfer contract will be determined through due diligence and negotiations on specific transaction conditions.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 38% share price gain to ₩146,500, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 12x in the Consumer Durables industry in South Korea. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩96,448 per share.
分析記事 • Apr 17Hanssem (KRX:009240) Could Easily Take On More DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Apr 03Should You Investigate Hanssem Co., Ltd. (KRX:009240) At ₩118,500?Hanssem Co., Ltd. ( KRX:009240 ), is not the largest company out there, but it led the KOSE gainers with a relatively...
分析記事 • Mar 21Will Hanssem (KRX:009240) Multiply In Value Going Forward?What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Reported Earnings • Mar 17Full year 2020 earnings released: EPS ₩3,766 (vs ₩2,423 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₩2.07t (up 22% from FY 2019). Net income: ₩65.1b (up 52% from FY 2019). Profit margin: 3.1% (up from 2.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% 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.
分析記事 • Mar 08Read This Before Buying Hanssem Co., Ltd. (KRX:009240) For Its DividendToday we'll take a closer look at Hanssem Co., Ltd. ( KRX:009240 ) from a dividend investor's perspective. Owning a...
お知らせ • Feb 27Hanssem Co., Ltd., Annual General Meeting, Mar 19, 2021Hanssem Co., Ltd., Annual General Meeting, Mar 19, 2021, at 11:00 Korea Standard Time.
分析記事 • Feb 23What Kind Of Investors Own Most Of Hanssem Co., Ltd. (KRX:009240)?The big shareholder groups in Hanssem Co., Ltd. ( KRX:009240 ) have power over the company. Insiders often own a large...
分析記事 • Feb 10Hanssem's (KRX:009240) Stock Price Has Reduced 56% In The Past Five YearsHanssem Co., Ltd. ( KRX:009240 ) shareholders should be happy to see the share price up 16% in the last quarter. But...
分析記事 • Jan 29Are Hanssem Co., Ltd.'s (KRX:009240) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?It is hard to get excited after looking at Hanssem's (KRX:009240) recent performance, when its stock has declined 9.3...
分析記事 • Jan 17Hanssem (KRX:009240) Seems To Use Debt Rather SparinglyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Jan 05Here's Why We Think Hanssem's (KRX:009240) Statutory Earnings Might Be ConservativeMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
分析記事 • Dec 24Just Four Days Till Hanssem Co., Ltd. (KRX:009240) Will Be Trading Ex-DividendReaders hoping to buy Hanssem Co., Ltd. ( KRX:009240 ) for its dividend will need to make their move shortly, as the...
分析記事 • Dec 15Is Now An Opportune Moment To Examine Hanssem Co., Ltd. (KRX:009240)?Hanssem Co., Ltd. ( KRX:009240 ), is not the largest company out there, but it saw a decent share price growth in the...
分析記事 • Dec 03Is Hanssem (KRX:009240) Likely To Turn Things Around?What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
分析記事 • Nov 21Do Institutions Own Hanssem Co., Ltd. (KRX:009240) Shares?A look at the shareholders of Hanssem Co., Ltd. (KRX:009240) can tell us which group is most powerful. Large companies...
Valuation Update With 7 Day Price Move • Oct 19Market pulls back on stock over the past weekAfter last week's 17% share price decline to ₩98,400, the stock is trading at a trailing P/E ratio of 33.1x, down from the previous P/E ratio of 39.8x. This compares to an average P/E of 14x in the Consumer Durables industry in South Korea. Total return to shareholders over the past three years is a loss of 39%.
Price Target Changed • Oct 13Price target raised to ₩122,833Up from ₩114,722, the current price target is an average from 17 analysts. The new target price is 11% above the current share price of ₩110,500. As of last close, the stock is up 86% over the past year.
Is New 90 Day High Low • Oct 12New 90-day high: ₩118,500The company is up 1.0% from its price of ₩117,500 on 14 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩47,095 per share.
