JS（A194370）株式概要JSコーポレーションは世界中でハンドバッグの製造・販売を行っている。 詳細A194370 ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長1/6過去の実績4/6財務の健全性2/6配当金4/6報酬当社が推定した公正価値より76.7%で取引されている 収益は年間19.16%増加すると予測されています 過去5年間の収益は年間15.2%増加しました。 同業他社や業界と比較して、良好な取引価格 リスク分析負債は営業キャッシュフローで十分にカバーされていない 不安定な配当実績 すべてのリスクチェックを見るA194370 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW468,992 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA468,992 investors already sharing narrativesYour Fair Value₩Current Price₩12.81k8.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02t2016201920222025202620282031Revenue ₩2.5tEarnings ₩140.8bAdvancedSet Fair ValueView all narrativesJS Corporation 競合他社HansaeSymbol: KOSE:A105630Market cap: ₩348.1bHANDSOMESymbol: KOSE:A020000Market cap: ₩329.7bBYCSymbol: KOSE:A001460Market cap: ₩285.3bPond GroupSymbol: KOSDAQ:A472850Market cap: ₩270.8b価格と性能株価の高値、安値、推移の概要JS過去の株価現在の株価₩12,810.0052週高値₩16,090.0052週安値₩9,500.00ベータ01ヶ月の変化5.78%3ヶ月変化7.47%1年変化24.98%3年間の変化96.02%5年間の変化28.42%IPOからの変化-32.13%最新ニュースお知らせ • Jul 06JS Corporation announced that it has received KRW 40 billion in fundingOn July 6, 2026, The company has issued 6th Unregistered Unsecured Private Placement Perpetual Convertible Bond for the gross proceeds of KRW 20,000,000,000 in its first tranche. On July 6, 2026, The company has issued 5th Unregistered Unsecured Private Placement Perpetual Convertible Bond for the gross proceeds of KRW 20,000,000,000 in its Second and final tranche.Upcoming Dividend • Jun 22Upcoming dividend of ₩250 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of South Korean dividend payers (4.2%). Higher than average of industry peers (3.3%).Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩11,710, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Luxury industry in South Korea. Total returns to shareholders of 113% over the past three years.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩15,340, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 187% over the past three years.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩13,160, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Luxury industry in South Korea. Total returns to shareholders of 120% over the past three years.Reported Earnings • Mar 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₩2,692 (down from ₩3,676 in FY 2024). Revenue: ₩1.29t (up 15% from FY 2024). Net income: ₩76.6b (down 21% from FY 2024). Profit margin: 5.9% (down from 8.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.最新情報をもっと見るRecent updatesお知らせ • Jul 06JS Corporation announced that it has received KRW 40 billion in fundingOn July 6, 2026, The company has issued 6th Unregistered Unsecured Private Placement Perpetual Convertible Bond for the gross proceeds of KRW 20,000,000,000 in its first tranche. On July 6, 2026, The company has issued 5th Unregistered Unsecured Private Placement Perpetual Convertible Bond for the gross proceeds of KRW 20,000,000,000 in its Second and final tranche.Upcoming Dividend • Jun 22Upcoming dividend of ₩250 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of South Korean dividend payers (4.2%). Higher than average of industry peers (3.3%).Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩11,710, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Luxury industry in South Korea. Total returns to shareholders of 113% over the past three years.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩15,340, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 187% over the past three years.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩13,160, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Luxury industry in South Korea. Total returns to shareholders of 120% over the past three years.Reported Earnings • Mar 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₩2,692 (down from ₩3,676 in FY 2024). Revenue: ₩1.29t (up 15% from FY 2024). Net income: ₩76.6b (down 21% from FY 2024). Profit margin: 5.9% (down from 8.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩11,150, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Luxury industry in South Korea. Total returns to shareholders of 86% over the past three years.お知らせ • Feb 20JS Corporation, Annual General Meeting, Mar 26, 2026JS Corporation, Annual General Meeting, Mar 26, 2026, at 11:00 Tokyo Standard Time. Location: conference room, 138, wiryeseong-daero, songpa-gu, seoul South KoreaValuation Update With 7 Day Price Move • Feb 04Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩13,450, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 117% over the past three years.分析記事 • Feb 03These 4 Measures Indicate That JS (KRX:194370) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Upcoming Dividend • Dec 22Upcoming dividend of ₩300 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 April 2026. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (2.4%).Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩13,700, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 134% over the past three years.分析記事 • Dec 11JS Corporation's (KRX:194370) Price Is Right But Growth Is Lacking After Shares Rocket 28%JS Corporation ( KRX:194370 ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...お知らせ • Nov 29JS Corporation (KOSE:A194370) agreed to acquire remaining 18.40% stake in Yakjin Trading Corporation for KRW 29 billion.JS Corporation (KOSE:A194370) agreed to acquire remaining 18.40% stake in Yakjin Trading Corporation for KRW 29 billion on November 27, 2025. A cash consideration of KRW 29 billion will be paid by JS Corporation. Upon completion, JS Corporation will own 100% stake in Yakjin Trading Corporation. The expected completion of the transaction is December 5, 2025.分析記事 • Nov 21Earnings Troubles May Signal Larger Issues for JS (KRX:194370) ShareholdersA lackluster earnings announcement from JS Corporation ( KRX:194370 ) last week didn't sink the stock price. However...Reported Earnings • Nov 20Third quarter 2025 earnings released: EPS: ₩800 (vs ₩478 in 3Q 2024)Third quarter 2025 results: EPS: ₩800 (up from ₩478 in 3Q 2024). Revenue: ₩356.8b (down 1.3% from 3Q 2024). Net income: ₩23.2b (up 82% from 3Q 2024). Profit margin: 6.5% (up from 3.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 15% per year.Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩719 (vs ₩2,081 in 2Q 2024)Second quarter 2025 results: EPS: ₩719 (down from ₩2,081 in 2Q 2024). Revenue: ₩317.3b (up 39% from 2Q 2024). Net income: ₩20.4b (down 63% from 2Q 2024). Profit margin: 6.4% (down from 24% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 122% p.a. on average during the next 3 years, while revenues in the Luxury industry in South Korea are expected to grow by 1.4%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.New Risk • Aug 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 122% 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 Debt is not well covered by operating cash flow (1.4% operating cash flow to total debt). Earnings are forecast to decline by an average of 122% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (8.2% net profit margin).分析記事 • Jul 13JS Corporation (KRX:194370) Shares Fly 26% But Investors Aren't Buying For GrowthJS Corporation ( KRX:194370 ) shares have continued their recent momentum with a 26% gain in the last month alone. The...Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩13,580, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 9x in the Luxury industry in South Korea. Total returns to shareholders of 91% over the past three years.Upcoming Dividend • Jun 20Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 29 July 2025. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (2.7%).分析記事 • May 27JS Corporation's (KRX:194370) Price Is Right But Growth Is Lacking After Shares Rocket 59%The JS Corporation ( KRX:194370 ) share price has done very well over the last month, posting an excellent gain of 59...New Risk • May 27New 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 11% 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 Debt is not well covered by operating cash flow (1.4% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (8.2% net profit margin).Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 36%After last week's 36% share price gain to ₩11,770, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 10x in the Luxury industry in South Korea. Total returns to shareholders of 29% over the past three years.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩7,360, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 5x in the Luxury industry in South Korea. Total loss to shareholders of 29% over the past three years.分析記事 • Mar 24JS' (KRX:194370) Anemic Earnings Might Be Worse Than You ThinkThe subdued market reaction suggests that JS Corporation's ( KRX:194370 ) recent earnings didn't contain any surprises...New Risk • Mar 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.7% Last year net profit margin: 13% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (4.2% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (179% cash payout ratio). Profit margins are more than 30% lower than last year (8.7% net profit margin).Reported Earnings • Mar 21Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₩7,352 (down from ₩8,671 in FY 2023). Revenue: ₩1.12t (up 30% from FY 2023). Net income: ₩97.4b (down 11% from FY 2023). Profit margin: 8.7% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Revenue is forecast to grow 8.5% 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 increased by 22% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.分析記事 • Mar 11Here's Why We Think JS (KRX:194370) Is Well Worth WatchingThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...お知らせ • Feb 21JS Corporation, Annual General Meeting, Mar 25, 2025JS Corporation, Annual General Meeting, Mar 25, 2025, at 11:00 Tokyo Standard Time. Location: conference room, 138, wiryeseong-daero, songpa-gu, seoul South KoreaUpcoming Dividend • Dec 20Upcoming dividend of ₩550 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 09 April 2025. Payout ratio is a comfortable 11% and the cash payout ratio is 93%. Trailing yield: 9.1%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (3.0%).New Risk • Dec 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (5.1% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Shareholders have been diluted in the past year (2.1% increase in shares outstanding).分析記事 • Nov 12A Piece Of The Puzzle Missing From JS Corporation's (KRX:194370) Share PriceWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 11x, you may consider JS...Valuation Update With 7 Day Price Move • Nov 12Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩14,470, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 5x in the Luxury industry in South Korea. Total loss to shareholders of 33% over the past three years.Buy Or Sell Opportunity • Oct 14Now 23% overvaluedOver the last 90 days, the stock has fallen 14% to ₩14,990. The fair value is estimated to be ₩12,145, 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 grown by 15%.Buy Or Sell Opportunity • Sep 27Now 21% overvaluedOver the last 90 days, the stock has fallen 17% to ₩14,730. The fair value is estimated to be ₩12,145, 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 grown by 15%.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩13,900, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 5x in the Luxury industry in South Korea. Total loss to shareholders of 24% over the past three years.お知らせ • Jun 25An undisclosed buyer agreed to acquire 18.40% stake in Yakjin Trading Corporation from JS Corporation (KOSE:A194370) for KRW 29.9 billion.An undisclosed buyer agreed to acquire 18.40% stake in Yakjin Trading Corporation from JS Corporation (KOSE:A194370) for KRW 29.9 billion on June 24, 2024. The expected completion of the transaction is June 26, 2024.New Risk • Jun 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% 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. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩20,300, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Luxury industry in South Korea. Total returns to shareholders of 28% over the past three years.New Risk • May 31New 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 7.9% 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: Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change).分析記事 • May 07JS (KRX:194370) Seems To Use Debt Quite SensiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • Mar 27Why JS' (KRX:194370) Shaky Earnings Are Just The Beginning Of Its ProblemsJS Corporation's ( KRX:194370 ) stock showed strength, with investors undeterred by its weak earnings report...Reported Earnings • Mar 26Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: ₩3,499 (down from ₩5,118 in FY 2022). Revenue: ₩862.8b (down 12% from FY 2022). Net income: ₩44.3b (down 31% from FY 2022). Profit margin: 5.1% (down from 6.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.分析記事 • Feb 29It's A Story Of Risk Vs Reward With JS Corporation (KRX:194370)JS Corporation's ( KRX:194370 ) price-to-earnings (or "P/E") ratio of 4.7x might make it look like a strong buy right...Major Estimate Revision • Feb 16Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from ₩958.0m to ₩971.0m. EPS estimate increased from ₩5,226 to ₩5,856 per share. Net income forecast to grow 51% next year vs 7.2% growth forecast for Luxury industry in South Korea. Consensus price target up from ₩27,000 to ₩30,000. Share price rose 5.8% to ₩19,830 over the past week.Buy Or Sell Opportunity • Jan 26Now 22% undervaluedOver the last 90 days, the stock has risen 25% to ₩19,570. The fair value is estimated to be ₩25,047, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 52% in the next 2 years.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩19,900, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Luxury industry in South Korea. Total returns to shareholders of 186% over the past three years.Upcoming Dividend • Dec 20Upcoming dividend of ₩500 per share at 6.7% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.7%).Buying Opportunity • Dec 12Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be ₩20,615, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 41% in the next 2 years.New Risk • Nov 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% 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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).Buying Opportunity • Nov 22Now 21% undervaluedOver the last 90 days, the stock is up 33%. The fair value is estimated to be ₩22,330, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 41% in the next 2 years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩18,950, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 4x in the Luxury industry in South Korea. Total returns to shareholders of 200% over the past three years.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: ₩2,156 (vs ₩1,800 in 3Q 2022)Third quarter 2023 results: EPS: ₩2,156 (up from ₩1,800 in 3Q 2022). Revenue: ₩268.5b (up 1.6% from 3Q 2022). Net income: ₩27.2b (up 20% from 3Q 2022). Profit margin: 10% (up from 8.6% in 3Q 2022). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.New Risk • Oct 24New 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 9.5% 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: Minor Risks High level of debt (109% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.5% average weekly change).Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩14,820, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 158% over the past three years.Buying Opportunity • Aug 25Now 21% undervaluedOver the last 90 days, the stock is up 4.5%. The fair value is estimated to be ₩16,580, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 67%.Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩14,660, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 7x in the Luxury industry in South Korea. Total returns to shareholders of 151% over the past three years.Upcoming Dividend • Jun 22Upcoming dividend of ₩350 per share at 6.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of South Korean dividend payers (3.2%). Higher than average of industry peers (2.5%).お知らせ • Jun 17JS Corporation (KOSE:A194370), HL Co.,Ltd, S.F. Holding Co., Ltd. (SZSE:002352) Hong Seo-Yoon,Kim Mun-Ja and Kook-Heeju agreed to acquire 16.12% stake in THE MIDONG Co,. Ltd. (KOSDAQ:A161570) from Shanghai Yufeng Investment for CNY4.1 billion.JS Corporation (KOSE:A194370), HL Co.,Ltd, S.F. Holding Co., Ltd. (SZSE:002352) Hong Seo-Yoon,Kim Mun-Ja and Kook-Heeju agreed to acquire 16.12% stake in THE MIDONG Co,. Ltd. (KOSDAQ:A161570) from Shanghai Yufeng Investment for CNY4.1 billion on June 15, 2023. The transaction is expected to close on August 6, 2023.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ₩442 (vs ₩1,317 in 1Q 2022)First quarter 2023 results: EPS: ₩442 (down from ₩1,317 in 1Q 2022). Revenue: ₩167.4b (down 37% from 1Q 2022). Net income: ₩5.59b (down 66% from 1Q 2022). Profit margin: 3.3% (down from 6.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 23Full year 2022 earnings released: EPS: ₩5,118 (vs ₩3,876 in FY 2021)Full year 2022 results: EPS: ₩5,118 (up from ₩3,876 in FY 2021). Revenue: ₩975.1b (down 1.2% from FY 2021). Net income: ₩64.6b (up 34% from FY 2021). Profit margin: 6.6% (up from 4.9% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of ₩400 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 5.4%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.1%).Price Target Changed • Nov 16Price target decreased to ₩32,000Down from ₩38,000, the current price target is provided by 1 analyst. New target price is 108% above last closing price of ₩15,350. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₩4,500 for next year compared to ₩3,876 last year.Price Target Changed • Nov 01Price target decreased to ₩32,000Down from ₩38,000, the current price target is provided by 1 analyst. New target price is 122% above last closing price of ₩14,400. Stock is down 44% over the past year. The company is forecast to post earnings per share of ₩4,500 for next year compared to ₩3,876 last year.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩15,300, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 5x in the Luxury industry in South Korea. Total returns to shareholders of 19% over the past three years.Upcoming Dividend • Jun 22Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 18 July 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of South Korean dividend payers (3.2%). Higher than average of industry peers (1.9%).Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩17,450, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Luxury industry in South Korea. Total returns to shareholders of 11% over the past three years.お知らせ • May 21JS Corporation (KOSE:A194370) announces an Equity Buyback for KRW 5,000 million worth of its shares.JS Corporation (KOSE:A194370) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares under the contract with Daishin Securities Co., Ltd. The program is aimed at stock price stability and shareholder value enhancement. The program will be valid until November 19, 2022. As of May 19, 2022, the company had 727,942 shares in treasury under the dividend capacity and 0 shares in treasury under other capacities.Price Target Changed • Apr 27Price target increased to ₩45,000Up from ₩38,000, the current price target is provided by 1 analyst. New target price is 84% above last closing price of ₩24,400. Stock is up 26% over the past year. The company is forecast to post earnings per share of ₩4,514 for next year compared to ₩3,876 last year.Upcoming Dividend • Dec 22Upcoming dividend of ₩300 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.8%).Valuation Update With 7 Day Price Move • Nov 29Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩20,600, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 90% over the past three years.Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩25,500, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Luxury industry in South Korea. Total returns to shareholders of 107% over the past three years.お知らせ • Sep 03JS Corporation announced that it has received KRW 20 billion in fundingOn September 2, 2021, JS Corporation closed the transaction.Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₩22,300, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Luxury industry in South Korea. Total returns to shareholders of 84% over the past three years.Upcoming Dividend • Jun 23Upcoming dividend of ₩150 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 15 July 2021. Trailing yield: 2.2%. Within top quartile of South Korean dividend payers (2.1%). Higher than average of industry peers (1.1%).Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₩13,750, the stock trades at a trailing P/E ratio of 72.8x, up from the previous P/E ratio of 60.6x. Average P/E is 17x in the Luxury industry in South Korea. Total returns to shareholders over the past three years are 2.4%.分析記事 • Mar 12What Is The Ownership Structure Like For JS Corporation (KRX:194370)?The big shareholder groups in JS Corporation ( KRX:194370 ) have power over the company. Generally speaking, as a...Reported Earnings • Mar 11Full year 2020 earnings released: EPS ₩189 (vs ₩646 in FY 2019)The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₩402.8b (up 59% from FY 2019). Net income: ₩2.36b (down 71% from FY 2019). Profit margin: 0.6% (down from 3.2% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 25New 90-day high: ₩12,200The company is up 66% from its price of ₩7,370 on 27 November 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩11,450, the stock is trading at a trailing P/E ratio of 24.8x, up from the previous P/E ratio of 21.2x. This compares to an average P/E of 18x in the Luxury industry in South Korea. Total return to shareholders over the past three years is a loss of 14%.分析記事 • Feb 22Should JS Corporation (KRX:194370) Focus On Improving This Fundamental Metric?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...お知らせ • Feb 22JS Corporation, Annual General Meeting, Mar 18, 2021JS Corporation, Annual General Meeting, Mar 18, 2021, at 11:00 Korea Standard Time.Is New 90 Day High Low • Feb 08New 90-day high: ₩9,050The company is up 26% from its price of ₩7,160 on 10 November 2020. The South Korean market is up 25% 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.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₩8,690, the stock is trading at a trailing P/E ratio of 18.8x, up from the previous P/E ratio of 16x. This compares to an average P/E of 17x in the Luxury industry in South Korea. Total return to shareholders over the past three years is a loss of 35%.分析記事 • Feb 04Does It Make Sense To Buy JS Corporation (KRX:194370) For Its Yield?Could JS Corporation ( KRX:194370 ) be an attractive dividend share to own for the long haul? Investors are often drawn...Is New 90 Day High Low • Jan 20New 90-day high: ₩7,990The company is up 15% from its price of ₩6,920 on 22 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 10.0% over the same period.分析記事 • Jan 14JS (KRX:194370) Takes On Some Risk With Its Use Of 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 • Dec 25Don't Buy JS Corporation (KRX:194370) For Its Next Dividend Without Doing These ChecksSome investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...分析記事 • Dec 15JS'(KRX:194370) Share Price Is Down 42% Over The Past Three Years.For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any...分析記事 • Nov 24Here's Why We Think JS's (KRX:194370) Statutory Earnings Might Be ConservativeBroadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...Is New 90 Day High Low • Oct 30New 90-day low: ₩6,560The company is down 7.0% from its price of ₩7,030 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.お知らせ • Sep 22+ 1 more updateJS Corporation (KOSE:A194370) completed the acquisition of Yakjin Trading Corporation from Carlyle Asia Growth Partners IV, L.P., managed by The Carlyle Group Inc. (NasdaqGS:CG) and Cho Yong-ro.JS Corporation (KOSE:A194370) agreed to acquire Yakjin Trading Corporation from Carlyle Asia Growth Partners IV, L.P., managed by The Carlyle Group Inc. (NasdaqGS:CG) and Cho Yong-ro for KRW 14.3 billion on August 21, 2020. As part of the acquisition, JS Corporation will acquire 19.4 million shares of Yakjin Trading Corporation. JS Corporation will acquire 70% stake of Yakjin Trading Corporation from Carlyle Asia Growth Partners IV, L.P. and 30% stake of Yakjin Trading Corporation from Cho Yong-ro. After the acquisition completed, Yakjin Trading Co., Ltd. will be a major subsidiary of JS Corporation. As of December 31, 2019, Yakjin Trading Corporation has a total assets of KRW 317.9 billion, total equity of KRW 89.3 billion, total sales of KRW 556 billion and net income of KRW 1.03 billion. The transaction is expected to close on August 25, 2020. JS Corporation (KOSE:A194370) completed the acquisition of Yakjin Trading Corporation from Carlyle Asia Growth Partners IV, L.P., managed by The Carlyle Group Inc. (NasdaqGS:CG) and Cho Yong-ro on August 25, 2020.お知らせ • Sep 09JS Corporation announced that it has received KRW 421.875 million in fundingOn February 28, 2020, JS Corporation (KOSE:A194370) closed the transaction.株主還元A194370KR LuxuryKR 市場7D-2.3%-6.3%-1.4%1Y25.0%-4.4%106.4%株主還元を見る業界別リターン: A194370過去 1 年間で-4.4 % の収益を上げたKR Luxury業界を上回りました。リターン対市場: A194370は、過去 1 年間で106.4 % のリターンを上げたKR市場を下回りました。価格変動Is A194370's price volatile compared to industry and market?A194370 volatilityA194370 Average Weekly Movement7.2%Luxury Industry Average Movement7.3%Market Average Movement9.7%10% most volatile stocks in KR Market17.6%10% least volatile stocks in KR Market5.0%安定した株価: A194370 、 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: A194370の 週次ボラティリティ ( 7% ) 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198597Jae-Sung Hongwww.jskor.comJSコーポレーションは世界中でハンドバッグの製造・販売を行っている。高級皮革ハンドバッグを提供している。同社は1985年に設立され、本社は韓国のソウルにある。もっと見るJS Corporation 基礎のまとめJS の収益と売上を時価総額と比較するとどうか。A194370 基礎統計学時価総額₩369.09b収益（TTM）₩81.55b売上高(TTM)₩1.44t4.6xPER（株価収益率0.3xP/SレシオA194370 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A194370 損益計算書（TTM）収益₩1.44t売上原価₩1.16t売上総利益₩283.68bその他の費用₩202.13b収益₩81.55b直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）2.81kグロス・マージン19.72%純利益率5.67%有利子負債／自己資本比率136.4%A194370 の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.5%現在の配当利回り9%配当性向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2026/08/24 12:17終値2026/08/24 00:00収益2026/06/30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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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JS Corporation 1 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。7 アナリスト機関Min-joo KangDaiwa Securities Co. Ltd.Jae KimDAOL Investment & Securities Co., Ltd.Sang-Hun LeeiM Securities4 その他のアナリストを表示
お知らせ • Jul 06JS Corporation announced that it has received KRW 40 billion in fundingOn July 6, 2026, The company has issued 6th Unregistered Unsecured Private Placement Perpetual Convertible Bond for the gross proceeds of KRW 20,000,000,000 in its first tranche. On July 6, 2026, The company has issued 5th Unregistered Unsecured Private Placement Perpetual Convertible Bond for the gross proceeds of KRW 20,000,000,000 in its Second and final tranche.
Upcoming Dividend • Jun 22Upcoming dividend of ₩250 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of South Korean dividend payers (4.2%). Higher than average of industry peers (3.3%).
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩11,710, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Luxury industry in South Korea. Total returns to shareholders of 113% over the past three years.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩15,340, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 187% over the past three years.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩13,160, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Luxury industry in South Korea. Total returns to shareholders of 120% over the past three years.
Reported Earnings • Mar 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₩2,692 (down from ₩3,676 in FY 2024). Revenue: ₩1.29t (up 15% from FY 2024). Net income: ₩76.6b (down 21% from FY 2024). Profit margin: 5.9% (down from 8.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 06JS Corporation announced that it has received KRW 40 billion in fundingOn July 6, 2026, The company has issued 6th Unregistered Unsecured Private Placement Perpetual Convertible Bond for the gross proceeds of KRW 20,000,000,000 in its first tranche. On July 6, 2026, The company has issued 5th Unregistered Unsecured Private Placement Perpetual Convertible Bond for the gross proceeds of KRW 20,000,000,000 in its Second and final tranche.
Upcoming Dividend • Jun 22Upcoming dividend of ₩250 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of South Korean dividend payers (4.2%). Higher than average of industry peers (3.3%).
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩11,710, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Luxury industry in South Korea. Total returns to shareholders of 113% over the past three years.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩15,340, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 187% over the past three years.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩13,160, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Luxury industry in South Korea. Total returns to shareholders of 120% over the past three years.
Reported Earnings • Mar 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ₩2,692 (down from ₩3,676 in FY 2024). Revenue: ₩1.29t (up 15% from FY 2024). Net income: ₩76.6b (down 21% from FY 2024). Profit margin: 5.9% (down from 8.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩11,150, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Luxury industry in South Korea. Total returns to shareholders of 86% over the past three years.
お知らせ • Feb 20JS Corporation, Annual General Meeting, Mar 26, 2026JS Corporation, Annual General Meeting, Mar 26, 2026, at 11:00 Tokyo Standard Time. Location: conference room, 138, wiryeseong-daero, songpa-gu, seoul South Korea
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩13,450, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 117% over the past three years.
分析記事 • Feb 03These 4 Measures Indicate That JS (KRX:194370) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Upcoming Dividend • Dec 22Upcoming dividend of ₩300 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 April 2026. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩13,700, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 134% over the past three years.
分析記事 • Dec 11JS Corporation's (KRX:194370) Price Is Right But Growth Is Lacking After Shares Rocket 28%JS Corporation ( KRX:194370 ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...
お知らせ • Nov 29JS Corporation (KOSE:A194370) agreed to acquire remaining 18.40% stake in Yakjin Trading Corporation for KRW 29 billion.JS Corporation (KOSE:A194370) agreed to acquire remaining 18.40% stake in Yakjin Trading Corporation for KRW 29 billion on November 27, 2025. A cash consideration of KRW 29 billion will be paid by JS Corporation. Upon completion, JS Corporation will own 100% stake in Yakjin Trading Corporation. The expected completion of the transaction is December 5, 2025.
分析記事 • Nov 21Earnings Troubles May Signal Larger Issues for JS (KRX:194370) ShareholdersA lackluster earnings announcement from JS Corporation ( KRX:194370 ) last week didn't sink the stock price. However...
Reported Earnings • Nov 20Third quarter 2025 earnings released: EPS: ₩800 (vs ₩478 in 3Q 2024)Third quarter 2025 results: EPS: ₩800 (up from ₩478 in 3Q 2024). Revenue: ₩356.8b (down 1.3% from 3Q 2024). Net income: ₩23.2b (up 82% from 3Q 2024). Profit margin: 6.5% (up from 3.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 15% per year.
Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩719 (vs ₩2,081 in 2Q 2024)Second quarter 2025 results: EPS: ₩719 (down from ₩2,081 in 2Q 2024). Revenue: ₩317.3b (up 39% from 2Q 2024). Net income: ₩20.4b (down 63% from 2Q 2024). Profit margin: 6.4% (down from 24% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 122% p.a. on average during the next 3 years, while revenues in the Luxury industry in South Korea are expected to grow by 1.4%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 12New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 122% 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 Debt is not well covered by operating cash flow (1.4% operating cash flow to total debt). Earnings are forecast to decline by an average of 122% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (8.2% net profit margin).
分析記事 • Jul 13JS Corporation (KRX:194370) Shares Fly 26% But Investors Aren't Buying For GrowthJS Corporation ( KRX:194370 ) shares have continued their recent momentum with a 26% gain in the last month alone. The...
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩13,580, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 9x in the Luxury industry in South Korea. Total returns to shareholders of 91% over the past three years.
Upcoming Dividend • Jun 20Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 29 July 2025. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (2.7%).
分析記事 • May 27JS Corporation's (KRX:194370) Price Is Right But Growth Is Lacking After Shares Rocket 59%The JS Corporation ( KRX:194370 ) share price has done very well over the last month, posting an excellent gain of 59...
New Risk • May 27New 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 11% 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 Debt is not well covered by operating cash flow (1.4% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (8.2% net profit margin).
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 36%After last week's 36% share price gain to ₩11,770, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 10x in the Luxury industry in South Korea. Total returns to shareholders of 29% over the past three years.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩7,360, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 5x in the Luxury industry in South Korea. Total loss to shareholders of 29% over the past three years.
分析記事 • Mar 24JS' (KRX:194370) Anemic Earnings Might Be Worse Than You ThinkThe subdued market reaction suggests that JS Corporation's ( KRX:194370 ) recent earnings didn't contain any surprises...
New Risk • Mar 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.7% Last year net profit margin: 13% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (4.2% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (179% cash payout ratio). Profit margins are more than 30% lower than last year (8.7% net profit margin).
Reported Earnings • Mar 21Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₩7,352 (down from ₩8,671 in FY 2023). Revenue: ₩1.12t (up 30% from FY 2023). Net income: ₩97.4b (down 11% from FY 2023). Profit margin: 8.7% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Revenue is forecast to grow 8.5% 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 increased by 22% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
分析記事 • Mar 11Here's Why We Think JS (KRX:194370) Is Well Worth WatchingThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
お知らせ • Feb 21JS Corporation, Annual General Meeting, Mar 25, 2025JS Corporation, Annual General Meeting, Mar 25, 2025, at 11:00 Tokyo Standard Time. Location: conference room, 138, wiryeseong-daero, songpa-gu, seoul South Korea
Upcoming Dividend • Dec 20Upcoming dividend of ₩550 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 09 April 2025. Payout ratio is a comfortable 11% and the cash payout ratio is 93%. Trailing yield: 9.1%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (3.0%).
New Risk • Dec 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (5.1% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Shareholders have been diluted in the past year (2.1% increase in shares outstanding).
分析記事 • Nov 12A Piece Of The Puzzle Missing From JS Corporation's (KRX:194370) Share PriceWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 11x, you may consider JS...
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩14,470, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 5x in the Luxury industry in South Korea. Total loss to shareholders of 33% over the past three years.
Buy Or Sell Opportunity • Oct 14Now 23% overvaluedOver the last 90 days, the stock has fallen 14% to ₩14,990. The fair value is estimated to be ₩12,145, 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 grown by 15%.
Buy Or Sell Opportunity • Sep 27Now 21% overvaluedOver the last 90 days, the stock has fallen 17% to ₩14,730. The fair value is estimated to be ₩12,145, 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 grown by 15%.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩13,900, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 5x in the Luxury industry in South Korea. Total loss to shareholders of 24% over the past three years.
お知らせ • Jun 25An undisclosed buyer agreed to acquire 18.40% stake in Yakjin Trading Corporation from JS Corporation (KOSE:A194370) for KRW 29.9 billion.An undisclosed buyer agreed to acquire 18.40% stake in Yakjin Trading Corporation from JS Corporation (KOSE:A194370) for KRW 29.9 billion on June 24, 2024. The expected completion of the transaction is June 26, 2024.
New Risk • Jun 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% 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. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩20,300, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Luxury industry in South Korea. Total returns to shareholders of 28% over the past three years.
New Risk • May 31New 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 7.9% 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: Minor Risks High level of debt (55% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change).
分析記事 • May 07JS (KRX:194370) Seems To Use Debt Quite SensiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
分析記事 • Mar 27Why JS' (KRX:194370) Shaky Earnings Are Just The Beginning Of Its ProblemsJS Corporation's ( KRX:194370 ) stock showed strength, with investors undeterred by its weak earnings report...
Reported Earnings • Mar 26Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: ₩3,499 (down from ₩5,118 in FY 2022). Revenue: ₩862.8b (down 12% from FY 2022). Net income: ₩44.3b (down 31% from FY 2022). Profit margin: 5.1% (down from 6.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
分析記事 • Feb 29It's A Story Of Risk Vs Reward With JS Corporation (KRX:194370)JS Corporation's ( KRX:194370 ) price-to-earnings (or "P/E") ratio of 4.7x might make it look like a strong buy right...
Major Estimate Revision • Feb 16Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from ₩958.0m to ₩971.0m. EPS estimate increased from ₩5,226 to ₩5,856 per share. Net income forecast to grow 51% next year vs 7.2% growth forecast for Luxury industry in South Korea. Consensus price target up from ₩27,000 to ₩30,000. Share price rose 5.8% to ₩19,830 over the past week.
Buy Or Sell Opportunity • Jan 26Now 22% undervaluedOver the last 90 days, the stock has risen 25% to ₩19,570. The fair value is estimated to be ₩25,047, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 52% in the next 2 years.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩19,900, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 5x in the Luxury industry in South Korea. Total returns to shareholders of 186% over the past three years.
Upcoming Dividend • Dec 20Upcoming dividend of ₩500 per share at 6.7% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.7%).
Buying Opportunity • Dec 12Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be ₩20,615, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 41% in the next 2 years.
New Risk • Nov 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% 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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).
Buying Opportunity • Nov 22Now 21% undervaluedOver the last 90 days, the stock is up 33%. The fair value is estimated to be ₩22,330, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 41% in the next 2 years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩18,950, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 4x in the Luxury industry in South Korea. Total returns to shareholders of 200% over the past three years.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: ₩2,156 (vs ₩1,800 in 3Q 2022)Third quarter 2023 results: EPS: ₩2,156 (up from ₩1,800 in 3Q 2022). Revenue: ₩268.5b (up 1.6% from 3Q 2022). Net income: ₩27.2b (up 20% from 3Q 2022). Profit margin: 10% (up from 8.6% in 3Q 2022). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 24New 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 9.5% 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: Minor Risks High level of debt (109% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.5% average weekly change).
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩14,820, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 158% over the past three years.
Buying Opportunity • Aug 25Now 21% undervaluedOver the last 90 days, the stock is up 4.5%. The fair value is estimated to be ₩16,580, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 67%.
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩14,660, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 7x in the Luxury industry in South Korea. Total returns to shareholders of 151% over the past three years.
Upcoming Dividend • Jun 22Upcoming dividend of ₩350 per share at 6.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of South Korean dividend payers (3.2%). Higher than average of industry peers (2.5%).
お知らせ • Jun 17JS Corporation (KOSE:A194370), HL Co.,Ltd, S.F. Holding Co., Ltd. (SZSE:002352) Hong Seo-Yoon,Kim Mun-Ja and Kook-Heeju agreed to acquire 16.12% stake in THE MIDONG Co,. Ltd. (KOSDAQ:A161570) from Shanghai Yufeng Investment for CNY4.1 billion.JS Corporation (KOSE:A194370), HL Co.,Ltd, S.F. Holding Co., Ltd. (SZSE:002352) Hong Seo-Yoon,Kim Mun-Ja and Kook-Heeju agreed to acquire 16.12% stake in THE MIDONG Co,. Ltd. (KOSDAQ:A161570) from Shanghai Yufeng Investment for CNY4.1 billion on June 15, 2023. The transaction is expected to close on August 6, 2023.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ₩442 (vs ₩1,317 in 1Q 2022)First quarter 2023 results: EPS: ₩442 (down from ₩1,317 in 1Q 2022). Revenue: ₩167.4b (down 37% from 1Q 2022). Net income: ₩5.59b (down 66% from 1Q 2022). Profit margin: 3.3% (down from 6.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 23Full year 2022 earnings released: EPS: ₩5,118 (vs ₩3,876 in FY 2021)Full year 2022 results: EPS: ₩5,118 (up from ₩3,876 in FY 2021). Revenue: ₩975.1b (down 1.2% from FY 2021). Net income: ₩64.6b (up 34% from FY 2021). Profit margin: 6.6% (up from 4.9% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of ₩400 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 5.4%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.1%).
Price Target Changed • Nov 16Price target decreased to ₩32,000Down from ₩38,000, the current price target is provided by 1 analyst. New target price is 108% above last closing price of ₩15,350. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₩4,500 for next year compared to ₩3,876 last year.
Price Target Changed • Nov 01Price target decreased to ₩32,000Down from ₩38,000, the current price target is provided by 1 analyst. New target price is 122% above last closing price of ₩14,400. Stock is down 44% over the past year. The company is forecast to post earnings per share of ₩4,500 for next year compared to ₩3,876 last year.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩15,300, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 5x in the Luxury industry in South Korea. Total returns to shareholders of 19% over the past three years.
Upcoming Dividend • Jun 22Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 18 July 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 3.6%. Within top quartile of South Korean dividend payers (3.2%). Higher than average of industry peers (1.9%).
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩17,450, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Luxury industry in South Korea. Total returns to shareholders of 11% over the past three years.
お知らせ • May 21JS Corporation (KOSE:A194370) announces an Equity Buyback for KRW 5,000 million worth of its shares.JS Corporation (KOSE:A194370) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares under the contract with Daishin Securities Co., Ltd. The program is aimed at stock price stability and shareholder value enhancement. The program will be valid until November 19, 2022. As of May 19, 2022, the company had 727,942 shares in treasury under the dividend capacity and 0 shares in treasury under other capacities.
Price Target Changed • Apr 27Price target increased to ₩45,000Up from ₩38,000, the current price target is provided by 1 analyst. New target price is 84% above last closing price of ₩24,400. Stock is up 26% over the past year. The company is forecast to post earnings per share of ₩4,514 for next year compared to ₩3,876 last year.
Upcoming Dividend • Dec 22Upcoming dividend of ₩300 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.8%).
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩20,600, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 90% over the past three years.
Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩25,500, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Luxury industry in South Korea. Total returns to shareholders of 107% over the past three years.
お知らせ • Sep 03JS Corporation announced that it has received KRW 20 billion in fundingOn September 2, 2021, JS Corporation closed the transaction.
Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₩22,300, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Luxury industry in South Korea. Total returns to shareholders of 84% over the past three years.
Upcoming Dividend • Jun 23Upcoming dividend of ₩150 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 15 July 2021. Trailing yield: 2.2%. Within top quartile of South Korean dividend payers (2.1%). Higher than average of industry peers (1.1%).
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₩13,750, the stock trades at a trailing P/E ratio of 72.8x, up from the previous P/E ratio of 60.6x. Average P/E is 17x in the Luxury industry in South Korea. Total returns to shareholders over the past three years are 2.4%.
分析記事 • Mar 12What Is The Ownership Structure Like For JS Corporation (KRX:194370)?The big shareholder groups in JS Corporation ( KRX:194370 ) have power over the company. Generally speaking, as a...
Reported Earnings • Mar 11Full year 2020 earnings released: EPS ₩189 (vs ₩646 in FY 2019)The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₩402.8b (up 59% from FY 2019). Net income: ₩2.36b (down 71% from FY 2019). Profit margin: 0.6% (down from 3.2% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 25New 90-day high: ₩12,200The company is up 66% from its price of ₩7,370 on 27 November 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 16% over the same period.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩11,450, the stock is trading at a trailing P/E ratio of 24.8x, up from the previous P/E ratio of 21.2x. This compares to an average P/E of 18x in the Luxury industry in South Korea. Total return to shareholders over the past three years is a loss of 14%.
分析記事 • Feb 22Should JS Corporation (KRX:194370) Focus On Improving This Fundamental Metric?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
お知らせ • Feb 22JS Corporation, Annual General Meeting, Mar 18, 2021JS Corporation, Annual General Meeting, Mar 18, 2021, at 11:00 Korea Standard Time.
Is New 90 Day High Low • Feb 08New 90-day high: ₩9,050The company is up 26% from its price of ₩7,160 on 10 November 2020. The South Korean market is up 25% 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.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₩8,690, the stock is trading at a trailing P/E ratio of 18.8x, up from the previous P/E ratio of 16x. This compares to an average P/E of 17x in the Luxury industry in South Korea. Total return to shareholders over the past three years is a loss of 35%.
分析記事 • Feb 04Does It Make Sense To Buy JS Corporation (KRX:194370) For Its Yield?Could JS Corporation ( KRX:194370 ) be an attractive dividend share to own for the long haul? Investors are often drawn...
Is New 90 Day High Low • Jan 20New 90-day high: ₩7,990The company is up 15% from its price of ₩6,920 on 22 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 10.0% over the same period.
分析記事 • Jan 14JS (KRX:194370) Takes On Some Risk With Its Use Of 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 • Dec 25Don't Buy JS Corporation (KRX:194370) For Its Next Dividend Without Doing These ChecksSome investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
分析記事 • Dec 15JS'(KRX:194370) Share Price Is Down 42% Over The Past Three Years.For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any...
分析記事 • Nov 24Here's Why We Think JS's (KRX:194370) Statutory Earnings Might Be ConservativeBroadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...
Is New 90 Day High Low • Oct 30New 90-day low: ₩6,560The company is down 7.0% from its price of ₩7,030 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.
お知らせ • Sep 22+ 1 more updateJS Corporation (KOSE:A194370) completed the acquisition of Yakjin Trading Corporation from Carlyle Asia Growth Partners IV, L.P., managed by The Carlyle Group Inc. (NasdaqGS:CG) and Cho Yong-ro.JS Corporation (KOSE:A194370) agreed to acquire Yakjin Trading Corporation from Carlyle Asia Growth Partners IV, L.P., managed by The Carlyle Group Inc. (NasdaqGS:CG) and Cho Yong-ro for KRW 14.3 billion on August 21, 2020. As part of the acquisition, JS Corporation will acquire 19.4 million shares of Yakjin Trading Corporation. JS Corporation will acquire 70% stake of Yakjin Trading Corporation from Carlyle Asia Growth Partners IV, L.P. and 30% stake of Yakjin Trading Corporation from Cho Yong-ro. After the acquisition completed, Yakjin Trading Co., Ltd. will be a major subsidiary of JS Corporation. As of December 31, 2019, Yakjin Trading Corporation has a total assets of KRW 317.9 billion, total equity of KRW 89.3 billion, total sales of KRW 556 billion and net income of KRW 1.03 billion. The transaction is expected to close on August 25, 2020. JS Corporation (KOSE:A194370) completed the acquisition of Yakjin Trading Corporation from Carlyle Asia Growth Partners IV, L.P., managed by The Carlyle Group Inc. (NasdaqGS:CG) and Cho Yong-ro on August 25, 2020.
お知らせ • Sep 09JS Corporation announced that it has received KRW 421.875 million in fundingOn February 28, 2020, JS Corporation (KOSE:A194370) closed the transaction.
