View Future GrowthHANDSOME 過去の業績過去 基準チェック /36HANDSOMEの収益は年間平均-19.6%の割合で減少していますが、 Luxury業界の収益は年間 減少しています。収益は年間1.1% 2.9%割合で 増加しています。 HANDSOMEの自己資本利益率は3.2%であり、純利益率は3.1%です。主要情報-19.62%収益成長率-19.28%EPS成長率Luxury 業界の成長21.63%収益成長率2.88%株主資本利益率3.22%ネット・マージン3.10%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Mar 18Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₩2,153 (up from ₩2,077 in FY 2024). Revenue: ₩1.49t (flat on FY 2024). Net income: ₩46.2b (up 3.6% from FY 2024). Profit margin: 3.1% (up from 3.0% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩114 (vs ₩110 in 2Q 2024)Second quarter 2025 results: EPS: ₩114 (up from ₩110 in 2Q 2024). Revenue: ₩338.1b (down 1.1% from 2Q 2024). Net income: ₩2.45b (up 3.5% from 2Q 2024). Profit margin: 0.7% (in line with 2Q 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • Jul 31HANDSOME Corporation to Report First Half, 2025 Results on Aug 04, 2025HANDSOME Corporation announced that they will report first half, 2025 results on Aug 04, 2025Reported Earnings • Mar 20Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₩2,077 (down from ₩3,818 in FY 2023). Revenue: ₩1.49t (down 2.8% from FY 2023). Net income: ₩44.6b (down 47% from FY 2023). Profit margin: 3.0% (down from 5.5% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.お知らせ • Feb 06HANDSOME Corporation to Report Fiscal Year 2024 Results on Feb 07, 2025HANDSOME Corporation announced that they will report fiscal year 2024 results on Feb 07, 2025分析記事 • Nov 25HANDSOME's (KRX:020000) Conservative Accounting Might Explain Soft EarningsThe market for HANDSOME Corporation's ( KRX:020000 ) shares didn't move much after it posted weak earnings recently. We...すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩27,950, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Luxury industry in South Korea. Total returns to shareholders of 23% over the past three years.Price Target Changed • May 05Price target increased by 10% to ₩32,286Up from ₩29,333, the current price target is an average from 7 analysts. New target price is 22% above last closing price of ₩26,400. Stock is up 73% over the past year. The company is forecast to post earnings per share of ₩3,334 for next year compared to ₩2,153 last year.Price Target Changed • Mar 25Price target increased by 8.2% to ₩28,500Up from ₩26,333, the current price target is an average from 6 analysts. New target price is 6.5% above last closing price of ₩26,750. Stock is up 72% over the past year. The company is forecast to post earnings per share of ₩3,001 for next year compared to ₩2,153 last year.Reported Earnings • Mar 18Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₩2,153 (up from ₩2,077 in FY 2024). Revenue: ₩1.49t (flat on FY 2024). Net income: ₩46.2b (up 3.6% from FY 2024). Profit margin: 3.1% (up from 3.0% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Feb 24HANDSOME Corporation, Annual General Meeting, Mar 24, 2026HANDSOME Corporation, Annual General Meeting, Mar 24, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 523, dosan-daero, gangnam-gu, seoul South KoreaValuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩21,050, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Luxury industry in South Korea. Total loss to shareholders of 14% over the past three years.Declared Dividend • Feb 11Dividend of ₩750 announcedDividend of ₩750 is the same as last year. Ex-date: 2nd April 2026 Payment date: 1st January 1970 Dividend yield will be 3.4%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but not covered by cash flows (144% cash payout ratio). The dividend has increased by an average of 11% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 71% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Major Estimate Revision • Feb 11Consensus EPS estimates increase by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩1.51b to ₩1.56b. EPS estimate increased from ₩2,033 to ₩2,859 per share. Net income forecast to grow 63% next year vs 38% growth forecast for Luxury industry in South Korea. Consensus price target up from ₩17,000 to ₩20,167. Share price rose 16% to ₩22,100 over the past week.分析記事 • Feb 11Even With A 41% Surge, Cautious Investors Are Not Rewarding HANDSOME Corporation's (KRX:020000) Performance CompletelyHANDSOME Corporation ( KRX:020000 ) shareholders have had their patience rewarded with a 41% share price jump in the...Price Target Changed • Feb 10Price target increased by 11% to ₩17,833Up from ₩16,000, the current price target is an average from 6 analysts. New target price is 16% below last closing price of ₩21,200. Stock is up 38% over the past year. The company is forecast to post earnings per share of ₩1,789 for next year compared to ₩2,077 last year.お知らせ • Feb 10HANDSOME Corporation announces Annual dividendHANDSOME Corporation announced Annual dividend of KRW 750.0000 per share, ex-date on April 02, 2026 and record date on April 03, 2026.Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩17,620, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Luxury industry in South Korea. Total loss to shareholders of 29% over the past three years.分析記事 • Jan 28There Are Reasons To Feel Uneasy About HANDSOME's (KRX:020000) Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...New Risk • Nov 23New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 144% Dividend yield: 4.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Minor Risks Dividend is not well covered by cash flows (144% cash payout ratio). Profit margins are more than 30% lower than last year (2.4% net profit margin).Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩114 (vs ₩110 in 2Q 2024)Second quarter 2025 results: EPS: ₩114 (up from ₩110 in 2Q 2024). Revenue: ₩338.1b (down 1.1% from 2Q 2024). Net income: ₩2.45b (up 3.5% from 2Q 2024). Profit margin: 0.7% (in line with 2Q 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Aug 06Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩1.50b to ₩1.47b. EPS estimate also fell from ₩2,326 per share to ₩1,978 per share. Net income forecast to grow 20% next year vs 25% growth forecast for Luxury industry in South Korea. Consensus price target broadly unchanged at ₩17,400. Share price fell 3.8% to ₩15,650 over the past week.お知らせ • Jul 31HANDSOME Corporation to Report First Half, 2025 Results on Aug 04, 2025HANDSOME Corporation announced that they will report first half, 2025 results on Aug 04, 2025Price Target Changed • Jul 16Price target decreased by 7.0% to ₩18,750Down from ₩20,167, the current price target is an average from 6 analysts. New target price is 6.5% above last closing price of ₩17,600. Stock is down 0.3% over the past year. The company is forecast to post earnings per share of ₩2,326 for next year compared to ₩2,077 last year.New Risk • May 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.6% 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 Risk Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (3.0% net profit margin).Major Estimate Revision • May 08Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩2,722 to ₩2,285 per share. Revenue forecast steady at ₩1.51b. Net income forecast to grow 38% next year vs 46% growth forecast for Luxury industry in South Korea. Consensus price target of ₩20,500 unchanged from last update. Share price was steady at ₩15,170 over the past week.Buy Or Sell Opportunity • Apr 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 1.2% to ₩14,860. The fair value is estimated to be ₩12,382, however this is not to be taken as a sell 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 30%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are also forecast to grow by 0.2% per annum over the same time period.Reported Earnings • Mar 20Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₩2,077 (down from ₩3,818 in FY 2023). Revenue: ₩1.49t (down 2.8% from FY 2023). Net income: ₩44.6b (down 47% from FY 2023). Profit margin: 3.0% (down from 5.5% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.Price Target Changed • Mar 08Price target decreased by 8.4% to ₩20,833Down from ₩22,750, the current price target is an average from 6 analysts. New target price is 29% above last closing price of ₩16,210. Stock is down 15% over the past year. The company is forecast to post earnings per share of ₩2,457 for next year compared to ₩3,818 last year.お知らせ • Feb 22HANDSOME Corporation, Annual General Meeting, Mar 24, 2025HANDSOME Corporation, Annual General Meeting, Mar 24, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 523, dosan-daero, gangnam-gu, seoul South KoreaMajor Estimate Revision • Feb 11Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩1.57b to ₩1.52b. EPS estimate also fell from ₩3,204 per share to ₩2,793 per share. Net income forecast to grow 14% next year vs 42% growth forecast for Luxury industry in South Korea. Consensus price target down from ₩22,750 to ₩22,250. Share price was steady at ₩15,180 over the past week.お知らせ • Feb 06HANDSOME Corporation to Report Fiscal Year 2024 Results on Feb 07, 2025HANDSOME Corporation announced that they will report fiscal year 2024 results on Feb 07, 2025Price Target Changed • Dec 17Price target decreased by 7.9% to ₩22,750Down from ₩24,714, the current price target is an average from 8 analysts. New target price is 47% above last closing price of ₩15,430. Stock is down 20% over the past year. The company is forecast to post earnings per share of ₩2,457 for next year compared to ₩3,818 last year.Price Target Changed • Dec 14Price target decreased by 11% to ₩23,000Down from ₩25,857, the current price target is an average from 8 analysts. New target price is 46% above last closing price of ₩15,750. Stock is down 19% over the past year. The company is forecast to post earnings per share of ₩2,475 for next year compared to ₩3,818 last year.分析記事 • Nov 25HANDSOME's (KRX:020000) Conservative Accounting Might Explain Soft EarningsThe market for HANDSOME Corporation's ( KRX:020000 ) shares didn't move much after it posted weak earnings recently. We...Buy Or Sell Opportunity • Sep 10Now 20% overvaluedOver the last 90 days, the stock has fallen 11% to ₩16,000. The fair value is estimated to be ₩13,305, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 9.4% in 2 years. Earnings are forecast to grow by 66% in the next 2 years.お知らせ • Aug 08HANDSOME Corporation (KOSE:A020000) completed the acquisition of remaining 49% stake in HANDSOME LIFE& Corporation from Lee Mi Kyung and others for KRW 6.4 billion.HANDSOME Corporation (KOSE:A020000) agreed to acquire remaining 49% stake in HANDSOME LIFE& Corporation from Lee Mi Kyung and others for KRW 6.4 billion on August 6, 2024. A cash consideration of KRW 6.41 billion valued at KRW 75,000 per share will be paid by HANDSOME Corporation. As part of consideration, KRW 6.41 billion is paid towards common equity of HANDSOME LIFE& Corporation. Upon completion, HANDSOME Corporation will own 100% stake in HANDSOME LIFE& Corporation. For the period ending December 31, 2023, HANDSOME LIFE& Corporation reported total revenue of KRW 4.77 billion and net loss of KRW 5.88 billion. As of December 31, 2023, HANDSOME LIFE& Corporation reported total debt of KRW 12.86 billion, total assets of KRW 7.62 billion and net liabilities of KRW 5.23 billion. The expected completion of the transaction is August 6, 2024. HANDSOME Corporation (KOSE:A020000) completed the acquisition of remaining 49% stake in HANDSOME LIFE& Corporation from Lee Mi Kyung and others on August 6, 2024Reported Earnings • Mar 20Full year 2023 earnings released: EPS: ₩3,818 (vs ₩5,599 in FY 2022)Full year 2023 results: EPS: ₩3,818 (down from ₩5,599 in FY 2022). Revenue: ₩1.53t (flat on FY 2022). Net income: ₩83.9b (down 32% from FY 2022). Profit margin: 5.5% (down from 8.0% in FY 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩21,450, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Luxury industry in South Korea. Total loss to shareholders of 37% over the past three years.Upcoming Dividend • Dec 20Upcoming dividend of ₩750 per share at 3.9% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.7%).お知らせ • Dec 15HANDSOME Corporation(KOSE:A020000) dropped from KOSPI 200 IndexHANDSOME Corporation removedMajor Estimate Revision • Nov 11Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩3,650 to ₩3,058 per share. Revenue forecast steady at ₩1.53b. Net income forecast to shrink 25% next year vs 0.4% growth forecast for Luxury industry in South Korea . Consensus price target down from ₩28,063 to ₩26,563. Share price rose 2.6% to ₩19,690 over the past week.Price Target Changed • Sep 14Price target decreased by 7.2% to ₩28,357Down from ₩30,563, the current price target is an average from 7 analysts. New target price is 46% above last closing price of ₩19,440. Stock is down 28% over the past year. The company is forecast to post earnings per share of ₩3,717 for next year compared to ₩5,599 last year.Major Estimate Revision • Aug 10Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩1.58b to ₩1.55b. EPS estimate also fell from ₩5,000 per share to ₩3,905 per share. Net income forecast to shrink 19% next year vs 14% growth forecast for Luxury industry in South Korea . Consensus price target down from ₩33,375 to ₩30,563. Share price fell 6.9% to ₩19,790 over the past week.Price Target Changed • Aug 09Price target decreased by 8.4% to ₩30,563Down from ₩33,375, the current price target is an average from 8 analysts. New target price is 58% above last closing price of ₩19,340. Stock is down 34% over the past year. The company is forecast to post earnings per share of ₩4,501 for next year compared to ₩5,599 last year.Reported Earnings • Mar 18Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: ₩5,599 (up from ₩5,214 in FY 2021). Revenue: ₩1.54t (up 11% from FY 2021). Net income: ₩123.0b (up 7.4% from FY 2021). Profit margin: 8.0% (down from 8.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 6.6%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (2.1%).Price Target Changed • Nov 20Price target decreased to ₩44,000Down from ₩47,833, the current price target is an average from 7 analysts. New target price is 69% above last closing price of ₩26,050. Stock is down 32% over the past year. The company is forecast to post earnings per share of ₩5,252 for next year compared to ₩5,214 last year.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Sang-Kyoung Jeon was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: ₩834 (vs ₩864 in 2Q 2021)Second quarter 2022 results: EPS: ₩834 (down from ₩864 in 2Q 2021). Revenue: ₩357.4b (up 14% from 2Q 2021). Net income: ₩18.3b (down 3.5% from 2Q 2021). Profit margin: 5.1% (down from 6.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.5%, compared to a 18% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Board Change • Aug 17Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Sang-Kyoung Jeon was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Outside Director Eui-Man Park was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Dec 22Upcoming dividend of ₩450 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 22 April 2022. Payout ratio is a comfortable 9.2% 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 (1.8%).Reported Earnings • Nov 21Third quarter 2021 earnings released: EPS ₩1,111 (vs ₩895 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₩296.4b (up 14% from 3Q 2020). Net income: ₩24.4b (up 24% from 3Q 2020). Profit margin: 8.2% (up from 7.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Price Target Changed • May 13Price target increased to ₩52,429Up from ₩48,667, the current price target is an average from 6 analysts. New target price is 7.3% above last closing price of ₩48,850. Stock is up 60% over the past year.Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₩51,000, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Luxury 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 ₩48,450 per share.Price Target Changed • Apr 25Price target increased to ₩48,667Up from ₩45,000, the current price target is an average from 5 analysts. New target price is 17% above last closing price of ₩41,750. Stock is up 84% over the past year.分析記事 • Apr 15Is HANDSOME (KRX:020000) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...分析記事 • Mar 29Investors Met With Slowing Returns on Capital At HANDSOME (KRX:020000)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Reported Earnings • Mar 17Full year 2020 earnings released: EPS ₩3,873 (vs ₩3,881 in FY 2019)The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: ₩1.20t (down 5.1% from FY 2019). Net income: ₩85.1b (flat on FY 2019). Profit margin: 7.1% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 11Is HANDSOME Corp. (KRX:020000) Trading At A 45% Discount?How far off is HANDSOME Corp. ( KRX:020000 ) from its intrinsic value? Using the most recent financial data, we'll take...Is New 90 Day High Low • Feb 23New 90-day high: ₩38,700The company is up 28% from its price of ₩30,150 on 25 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩68,555 per share.分析記事 • Feb 21HANDSOME (KRX:020000) Shareholders Booked A 48% Gain In The Last YearA diverse portfolio of stocks will always have winners and losers. But if you're going to beat the market overall, you...お知らせ • Feb 20HANDSOME Corp., Annual General Meeting, Mar 23, 2021HANDSOME Corp., Annual General Meeting, Mar 23, 2021, at 10:00 Korea Standard Time.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩37,100, the stock is trading at a trailing P/E ratio of 9.7x, up from the previous P/E ratio of 8.1x. This compares to an average P/E of 17x in the Luxury industry in South Korea. Total returns to shareholders over the past three years are 26%.Is New 90 Day High Low • Feb 08New 90-day high: ₩37,100The company is up 24% from its price of ₩29,950 on 10 November 2020. The South Korean market is up 25% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩62,936 per share.お知らせ • Feb 04HANDSOME Corp. to Report Fiscal Year 2020 Results on Feb 05, 2021HANDSOME Corp. announced that they will report fiscal year 2020 results on Feb 05, 2021分析記事 • Feb 03HANDSOME Corp.'s (KRX:020000) 1.4% Dividend Yield Looks Pretty InterestingIs HANDSOME Corp. ( KRX:020000 ) a good dividend stock? How can we tell? Dividend paying companies with growing...Is New 90 Day High Low • Jan 05New 90-day high: ₩30,750The company is up 4.0% from its price of ₩29,650 on 07 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩64,094 per share.分析記事 • Dec 24Be Sure To Check Out HANDSOME Corp. (KRX:020000) Before It Goes Ex-DividendHANDSOME Corp. ( KRX:020000 ) stock is about to trade ex-dividend in three days. You will need to purchase shares...分析記事 • Dec 06HANDSOME Corp.'s (KRX:020000) Intrinsic Value Is Potentially 90% Above Its Share PriceToday we'll do a simple run through of a valuation method used to estimate the attractiveness of HANDSOME Corp...分析記事 • Nov 18What Type Of Returns Would HANDSOME's(KRX:020000) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?For many, the main point of investing is to generate higher returns than the overall market. But in any portfolio...Price Target Changed • Nov 18Price target raised to ₩43,500Up from ₩38,500, the current price target is an average from 6 analysts. The new target price is 45% above the current share price of ₩29,900. As of last close, the stock is down 3.5% over the past year.お知らせ • Nov 07HANDSOME Corp. to Report Nine Months, 2020 Final Results on Nov 06, 2020HANDSOME Corp. announced that they will report nine months, 2020 final results on Nov 06, 2020Is New 90 Day High Low • Oct 30New 90-day low: ₩27,850The company is down 8.0% from its price of ₩30,300 on 31 July 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩70,683 per share.お知らせ • Aug 09HANDSOME Corp. to Report First Half, 2020 Results on Aug 11, 2020HANDSOME Corp. announced that they will report first half, 2020 results on Aug 11, 2020収支内訳HANDSOME の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史KOSE:A020000 収益、費用、利益 ( )KRW Millions日付収益収益G+A経費研究開発費31 Dec 251,491,76446,245707,914030 Sep 251,463,74935,642697,399030 Jun 251,468,36738,771698,850031 Mar 251,471,98938,688703,342031 Dec 241,485,26444,642709,661030 Sep 241,502,54455,062716,011030 Jun 241,512,40156,242724,956031 Mar 241,516,38863,224730,659031 Dec 231,528,64183,869729,636030 Sep 231,527,528100,403731,668030 Jun 231,544,868115,838731,303031 Mar 231,556,601124,808724,855031 Dec 221,542,222123,018710,649030 Sep 221,535,368121,593701,604030 Jun 221,490,297124,422674,363031 Mar 221,445,540125,092649,823031 Dec 211,387,402114,558621,632030 Sep 211,328,969107,171592,828030 Jun 211,293,773102,425576,083031 Mar 211,257,73596,116562,730031 Dec 201,195,90085,089544,800030 Sep 201,193,43684,145546,429030 Jun 201,211,63184,501556,320031 Mar 201,218,77582,851565,426031 Dec 191,259,80285,261583,289030 Sep 191,269,32379,041580,253030 Jun 191,272,73873,390587,259031 Mar 191,281,23973,323595,957031 Dec 181,299,20972,416607,968030 Sep 181,306,78961,137628,187030 Jun 181,306,37153,487632,897031 Mar 181,314,71252,121638,080031 Dec 171,228,67653,856592,287030 Sep 171,073,40558,668505,013030 Jun 17938,21662,933428,312031 Mar 17782,81662,158346,148031 Dec 16711,99856,476310,816030 Sep 16689,43262,399303,425030 Jun 16666,48260,741294,315031 Mar 16641,88154,440285,031031 Dec 15616,75653,975274,584030 Sep 15573,01547,954256,969030 Jun 15548,65946,739247,3060質の高い収益: A020000は 高品質の収益 を持っています。利益率の向上: A020000の現在の純利益率 (3.1%)は、昨年(3%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: A020000の収益は過去 5 年間で年間19.6%減少しました。成長の加速: A020000の過去 1 年間の収益成長率 ( 3.6% ) は、5 年間の平均 ( 年間-19.6%を上回っています。収益対業界: A020000の過去 1 年間の収益成長率 ( 3.6% ) Luxury業界6.8%を上回りませんでした。株主資本利益率高いROE: A020000の 自己資本利益率 ( 3.2% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YConsumer-durables 、過去の業績が好調な企業。View Financial Health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2026/05/22 00:33終値2026/05/22 00:00収益2025/12/31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HANDSOME Corporation 7 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。16 アナリスト機関Hyeryeong KimCGS InternationalAlly ParkCitigroup IncJung Hyun YuDaishin Securities Co. Ltd.13 その他のアナリストを表示
Reported Earnings • Mar 18Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₩2,153 (up from ₩2,077 in FY 2024). Revenue: ₩1.49t (flat on FY 2024). Net income: ₩46.2b (up 3.6% from FY 2024). Profit margin: 3.1% (up from 3.0% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩114 (vs ₩110 in 2Q 2024)Second quarter 2025 results: EPS: ₩114 (up from ₩110 in 2Q 2024). Revenue: ₩338.1b (down 1.1% from 2Q 2024). Net income: ₩2.45b (up 3.5% from 2Q 2024). Profit margin: 0.7% (in line with 2Q 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 31HANDSOME Corporation to Report First Half, 2025 Results on Aug 04, 2025HANDSOME Corporation announced that they will report first half, 2025 results on Aug 04, 2025
Reported Earnings • Mar 20Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₩2,077 (down from ₩3,818 in FY 2023). Revenue: ₩1.49t (down 2.8% from FY 2023). Net income: ₩44.6b (down 47% from FY 2023). Profit margin: 3.0% (down from 5.5% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 06HANDSOME Corporation to Report Fiscal Year 2024 Results on Feb 07, 2025HANDSOME Corporation announced that they will report fiscal year 2024 results on Feb 07, 2025
分析記事 • Nov 25HANDSOME's (KRX:020000) Conservative Accounting Might Explain Soft EarningsThe market for HANDSOME Corporation's ( KRX:020000 ) shares didn't move much after it posted weak earnings recently. We...
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩27,950, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Luxury industry in South Korea. Total returns to shareholders of 23% over the past three years.
Price Target Changed • May 05Price target increased by 10% to ₩32,286Up from ₩29,333, the current price target is an average from 7 analysts. New target price is 22% above last closing price of ₩26,400. Stock is up 73% over the past year. The company is forecast to post earnings per share of ₩3,334 for next year compared to ₩2,153 last year.
Price Target Changed • Mar 25Price target increased by 8.2% to ₩28,500Up from ₩26,333, the current price target is an average from 6 analysts. New target price is 6.5% above last closing price of ₩26,750. Stock is up 72% over the past year. The company is forecast to post earnings per share of ₩3,001 for next year compared to ₩2,153 last year.
Reported Earnings • Mar 18Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₩2,153 (up from ₩2,077 in FY 2024). Revenue: ₩1.49t (flat on FY 2024). Net income: ₩46.2b (up 3.6% from FY 2024). Profit margin: 3.1% (up from 3.0% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Feb 24HANDSOME Corporation, Annual General Meeting, Mar 24, 2026HANDSOME Corporation, Annual General Meeting, Mar 24, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 523, dosan-daero, gangnam-gu, seoul South Korea
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩21,050, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Luxury industry in South Korea. Total loss to shareholders of 14% over the past three years.
Declared Dividend • Feb 11Dividend of ₩750 announcedDividend of ₩750 is the same as last year. Ex-date: 2nd April 2026 Payment date: 1st January 1970 Dividend yield will be 3.4%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but not covered by cash flows (144% cash payout ratio). The dividend has increased by an average of 11% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 71% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Major Estimate Revision • Feb 11Consensus EPS estimates increase by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩1.51b to ₩1.56b. EPS estimate increased from ₩2,033 to ₩2,859 per share. Net income forecast to grow 63% next year vs 38% growth forecast for Luxury industry in South Korea. Consensus price target up from ₩17,000 to ₩20,167. Share price rose 16% to ₩22,100 over the past week.
分析記事 • Feb 11Even With A 41% Surge, Cautious Investors Are Not Rewarding HANDSOME Corporation's (KRX:020000) Performance CompletelyHANDSOME Corporation ( KRX:020000 ) shareholders have had their patience rewarded with a 41% share price jump in the...
Price Target Changed • Feb 10Price target increased by 11% to ₩17,833Up from ₩16,000, the current price target is an average from 6 analysts. New target price is 16% below last closing price of ₩21,200. Stock is up 38% over the past year. The company is forecast to post earnings per share of ₩1,789 for next year compared to ₩2,077 last year.
お知らせ • Feb 10HANDSOME Corporation announces Annual dividendHANDSOME Corporation announced Annual dividend of KRW 750.0000 per share, ex-date on April 02, 2026 and record date on April 03, 2026.
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩17,620, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Luxury industry in South Korea. Total loss to shareholders of 29% over the past three years.
分析記事 • Jan 28There Are Reasons To Feel Uneasy About HANDSOME's (KRX:020000) Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
New Risk • Nov 23New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 144% Dividend yield: 4.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Minor Risks Dividend is not well covered by cash flows (144% cash payout ratio). Profit margins are more than 30% lower than last year (2.4% net profit margin).
Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩114 (vs ₩110 in 2Q 2024)Second quarter 2025 results: EPS: ₩114 (up from ₩110 in 2Q 2024). Revenue: ₩338.1b (down 1.1% from 2Q 2024). Net income: ₩2.45b (up 3.5% from 2Q 2024). Profit margin: 0.7% (in line with 2Q 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Aug 06Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩1.50b to ₩1.47b. EPS estimate also fell from ₩2,326 per share to ₩1,978 per share. Net income forecast to grow 20% next year vs 25% growth forecast for Luxury industry in South Korea. Consensus price target broadly unchanged at ₩17,400. Share price fell 3.8% to ₩15,650 over the past week.
お知らせ • Jul 31HANDSOME Corporation to Report First Half, 2025 Results on Aug 04, 2025HANDSOME Corporation announced that they will report first half, 2025 results on Aug 04, 2025
Price Target Changed • Jul 16Price target decreased by 7.0% to ₩18,750Down from ₩20,167, the current price target is an average from 6 analysts. New target price is 6.5% above last closing price of ₩17,600. Stock is down 0.3% over the past year. The company is forecast to post earnings per share of ₩2,326 for next year compared to ₩2,077 last year.
New Risk • May 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.6% 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 Risk Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (3.0% net profit margin).
Major Estimate Revision • May 08Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩2,722 to ₩2,285 per share. Revenue forecast steady at ₩1.51b. Net income forecast to grow 38% next year vs 46% growth forecast for Luxury industry in South Korea. Consensus price target of ₩20,500 unchanged from last update. Share price was steady at ₩15,170 over the past week.
Buy Or Sell Opportunity • Apr 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 1.2% to ₩14,860. The fair value is estimated to be ₩12,382, however this is not to be taken as a sell 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 30%. For the next 3 years, revenue is forecast to grow by 1.1% per annum. Earnings are also forecast to grow by 0.2% per annum over the same time period.
Reported Earnings • Mar 20Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₩2,077 (down from ₩3,818 in FY 2023). Revenue: ₩1.49t (down 2.8% from FY 2023). Net income: ₩44.6b (down 47% from FY 2023). Profit margin: 3.0% (down from 5.5% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
Price Target Changed • Mar 08Price target decreased by 8.4% to ₩20,833Down from ₩22,750, the current price target is an average from 6 analysts. New target price is 29% above last closing price of ₩16,210. Stock is down 15% over the past year. The company is forecast to post earnings per share of ₩2,457 for next year compared to ₩3,818 last year.
お知らせ • Feb 22HANDSOME Corporation, Annual General Meeting, Mar 24, 2025HANDSOME Corporation, Annual General Meeting, Mar 24, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 523, dosan-daero, gangnam-gu, seoul South Korea
Major Estimate Revision • Feb 11Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩1.57b to ₩1.52b. EPS estimate also fell from ₩3,204 per share to ₩2,793 per share. Net income forecast to grow 14% next year vs 42% growth forecast for Luxury industry in South Korea. Consensus price target down from ₩22,750 to ₩22,250. Share price was steady at ₩15,180 over the past week.
お知らせ • Feb 06HANDSOME Corporation to Report Fiscal Year 2024 Results on Feb 07, 2025HANDSOME Corporation announced that they will report fiscal year 2024 results on Feb 07, 2025
Price Target Changed • Dec 17Price target decreased by 7.9% to ₩22,750Down from ₩24,714, the current price target is an average from 8 analysts. New target price is 47% above last closing price of ₩15,430. Stock is down 20% over the past year. The company is forecast to post earnings per share of ₩2,457 for next year compared to ₩3,818 last year.
Price Target Changed • Dec 14Price target decreased by 11% to ₩23,000Down from ₩25,857, the current price target is an average from 8 analysts. New target price is 46% above last closing price of ₩15,750. Stock is down 19% over the past year. The company is forecast to post earnings per share of ₩2,475 for next year compared to ₩3,818 last year.
分析記事 • Nov 25HANDSOME's (KRX:020000) Conservative Accounting Might Explain Soft EarningsThe market for HANDSOME Corporation's ( KRX:020000 ) shares didn't move much after it posted weak earnings recently. We...
Buy Or Sell Opportunity • Sep 10Now 20% overvaluedOver the last 90 days, the stock has fallen 11% to ₩16,000. The fair value is estimated to be ₩13,305, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 9.4% in 2 years. Earnings are forecast to grow by 66% in the next 2 years.
お知らせ • Aug 08HANDSOME Corporation (KOSE:A020000) completed the acquisition of remaining 49% stake in HANDSOME LIFE& Corporation from Lee Mi Kyung and others for KRW 6.4 billion.HANDSOME Corporation (KOSE:A020000) agreed to acquire remaining 49% stake in HANDSOME LIFE& Corporation from Lee Mi Kyung and others for KRW 6.4 billion on August 6, 2024. A cash consideration of KRW 6.41 billion valued at KRW 75,000 per share will be paid by HANDSOME Corporation. As part of consideration, KRW 6.41 billion is paid towards common equity of HANDSOME LIFE& Corporation. Upon completion, HANDSOME Corporation will own 100% stake in HANDSOME LIFE& Corporation. For the period ending December 31, 2023, HANDSOME LIFE& Corporation reported total revenue of KRW 4.77 billion and net loss of KRW 5.88 billion. As of December 31, 2023, HANDSOME LIFE& Corporation reported total debt of KRW 12.86 billion, total assets of KRW 7.62 billion and net liabilities of KRW 5.23 billion. The expected completion of the transaction is August 6, 2024. HANDSOME Corporation (KOSE:A020000) completed the acquisition of remaining 49% stake in HANDSOME LIFE& Corporation from Lee Mi Kyung and others on August 6, 2024
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: ₩3,818 (vs ₩5,599 in FY 2022)Full year 2023 results: EPS: ₩3,818 (down from ₩5,599 in FY 2022). Revenue: ₩1.53t (flat on FY 2022). Net income: ₩83.9b (down 32% from FY 2022). Profit margin: 5.5% (down from 8.0% in FY 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩21,450, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Luxury industry in South Korea. Total loss to shareholders of 37% over the past three years.
Upcoming Dividend • Dec 20Upcoming dividend of ₩750 per share at 3.9% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.7%).
お知らせ • Dec 15HANDSOME Corporation(KOSE:A020000) dropped from KOSPI 200 IndexHANDSOME Corporation removed
Major Estimate Revision • Nov 11Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩3,650 to ₩3,058 per share. Revenue forecast steady at ₩1.53b. Net income forecast to shrink 25% next year vs 0.4% growth forecast for Luxury industry in South Korea . Consensus price target down from ₩28,063 to ₩26,563. Share price rose 2.6% to ₩19,690 over the past week.
Price Target Changed • Sep 14Price target decreased by 7.2% to ₩28,357Down from ₩30,563, the current price target is an average from 7 analysts. New target price is 46% above last closing price of ₩19,440. Stock is down 28% over the past year. The company is forecast to post earnings per share of ₩3,717 for next year compared to ₩5,599 last year.
Major Estimate Revision • Aug 10Consensus EPS estimates fall by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩1.58b to ₩1.55b. EPS estimate also fell from ₩5,000 per share to ₩3,905 per share. Net income forecast to shrink 19% next year vs 14% growth forecast for Luxury industry in South Korea . Consensus price target down from ₩33,375 to ₩30,563. Share price fell 6.9% to ₩19,790 over the past week.
Price Target Changed • Aug 09Price target decreased by 8.4% to ₩30,563Down from ₩33,375, the current price target is an average from 8 analysts. New target price is 58% above last closing price of ₩19,340. Stock is down 34% over the past year. The company is forecast to post earnings per share of ₩4,501 for next year compared to ₩5,599 last year.
Reported Earnings • Mar 18Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: ₩5,599 (up from ₩5,214 in FY 2021). Revenue: ₩1.54t (up 11% from FY 2021). Net income: ₩123.0b (up 7.4% from FY 2021). Profit margin: 8.0% (down from 8.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 6.6%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (2.1%).
Price Target Changed • Nov 20Price target decreased to ₩44,000Down from ₩47,833, the current price target is an average from 7 analysts. New target price is 69% above last closing price of ₩26,050. Stock is down 32% over the past year. The company is forecast to post earnings per share of ₩5,252 for next year compared to ₩5,214 last year.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Sang-Kyoung Jeon was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: ₩834 (vs ₩864 in 2Q 2021)Second quarter 2022 results: EPS: ₩834 (down from ₩864 in 2Q 2021). Revenue: ₩357.4b (up 14% from 2Q 2021). Net income: ₩18.3b (down 3.5% from 2Q 2021). Profit margin: 5.1% (down from 6.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.5%, compared to a 18% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Board Change • Aug 17Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Sang-Kyoung Jeon was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Outside Director Eui-Man Park was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Dec 22Upcoming dividend of ₩450 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 22 April 2022. Payout ratio is a comfortable 9.2% 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 (1.8%).
Reported Earnings • Nov 21Third quarter 2021 earnings released: EPS ₩1,111 (vs ₩895 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₩296.4b (up 14% from 3Q 2020). Net income: ₩24.4b (up 24% from 3Q 2020). Profit margin: 8.2% (up from 7.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Price Target Changed • May 13Price target increased to ₩52,429Up from ₩48,667, the current price target is an average from 6 analysts. New target price is 7.3% above last closing price of ₩48,850. Stock is up 60% over the past year.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₩51,000, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Luxury 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 ₩48,450 per share.
Price Target Changed • Apr 25Price target increased to ₩48,667Up from ₩45,000, the current price target is an average from 5 analysts. New target price is 17% above last closing price of ₩41,750. Stock is up 84% over the past year.
分析記事 • Apr 15Is HANDSOME (KRX:020000) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
分析記事 • Mar 29Investors Met With Slowing Returns on Capital At HANDSOME (KRX:020000)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Reported Earnings • Mar 17Full year 2020 earnings released: EPS ₩3,873 (vs ₩3,881 in FY 2019)The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: ₩1.20t (down 5.1% from FY 2019). Net income: ₩85.1b (flat on FY 2019). Profit margin: 7.1% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 11Is HANDSOME Corp. (KRX:020000) Trading At A 45% Discount?How far off is HANDSOME Corp. ( KRX:020000 ) from its intrinsic value? Using the most recent financial data, we'll take...
Is New 90 Day High Low • Feb 23New 90-day high: ₩38,700The company is up 28% from its price of ₩30,150 on 25 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩68,555 per share.
分析記事 • Feb 21HANDSOME (KRX:020000) Shareholders Booked A 48% Gain In The Last YearA diverse portfolio of stocks will always have winners and losers. But if you're going to beat the market overall, you...
お知らせ • Feb 20HANDSOME Corp., Annual General Meeting, Mar 23, 2021HANDSOME Corp., Annual General Meeting, Mar 23, 2021, at 10:00 Korea Standard Time.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩37,100, the stock is trading at a trailing P/E ratio of 9.7x, up from the previous P/E ratio of 8.1x. This compares to an average P/E of 17x in the Luxury industry in South Korea. Total returns to shareholders over the past three years are 26%.
Is New 90 Day High Low • Feb 08New 90-day high: ₩37,100The company is up 24% from its price of ₩29,950 on 10 November 2020. The South Korean market is up 25% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩62,936 per share.
お知らせ • Feb 04HANDSOME Corp. to Report Fiscal Year 2020 Results on Feb 05, 2021HANDSOME Corp. announced that they will report fiscal year 2020 results on Feb 05, 2021
分析記事 • Feb 03HANDSOME Corp.'s (KRX:020000) 1.4% Dividend Yield Looks Pretty InterestingIs HANDSOME Corp. ( KRX:020000 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
Is New 90 Day High Low • Jan 05New 90-day high: ₩30,750The company is up 4.0% from its price of ₩29,650 on 07 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩64,094 per share.
分析記事 • Dec 24Be Sure To Check Out HANDSOME Corp. (KRX:020000) Before It Goes Ex-DividendHANDSOME Corp. ( KRX:020000 ) stock is about to trade ex-dividend in three days. You will need to purchase shares...
分析記事 • Dec 06HANDSOME Corp.'s (KRX:020000) Intrinsic Value Is Potentially 90% Above Its Share PriceToday we'll do a simple run through of a valuation method used to estimate the attractiveness of HANDSOME Corp...
分析記事 • Nov 18What Type Of Returns Would HANDSOME's(KRX:020000) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?For many, the main point of investing is to generate higher returns than the overall market. But in any portfolio...
Price Target Changed • Nov 18Price target raised to ₩43,500Up from ₩38,500, the current price target is an average from 6 analysts. The new target price is 45% above the current share price of ₩29,900. As of last close, the stock is down 3.5% over the past year.
お知らせ • Nov 07HANDSOME Corp. to Report Nine Months, 2020 Final Results on Nov 06, 2020HANDSOME Corp. announced that they will report nine months, 2020 final results on Nov 06, 2020
Is New 90 Day High Low • Oct 30New 90-day low: ₩27,850The company is down 8.0% from its price of ₩30,300 on 31 July 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩70,683 per share.
お知らせ • Aug 09HANDSOME Corp. to Report First Half, 2020 Results on Aug 11, 2020HANDSOME Corp. announced that they will report first half, 2020 results on Aug 11, 2020