HL Holdings（A060980）株式概要HLホールディングスは韓国内外で自動車、建設、教育・スポーツ事業に従事している。 詳細A060980 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績1/6財務の健全性1/6配当金3/6報酬株価収益率（ 9.9 x） KR市場（ 11.3 x）を下回っています。今年は黒字化を達成 リスク分析利払いは収益で十分にカバーされない 今後3年間の収益は年平均7.9%減少すると予測されている。 財務結果に影響を与える大きな一時的項目 5.11%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るA060980 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW483,745 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 NarrativeBLINRODA483,745 investors already sharing narrativesYour Fair Value₩Current Price₩39.15k1.2% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-21b2t2016201920222025202620282031Revenue ₩1.7tEarnings ₩44.7bAdvancedSet Fair ValueView all narrativesHL Holdings Corporation 競合他社GOLFZON HOLDINGSSymbol: KOSDAQ:A121440Market cap: ₩308.6bCHUNGDAMGLOBALSymbol: KOSDAQ:A362320Market cap: ₩98.7bSILICON2Symbol: KOSDAQ:A257720Market cap: ₩3.0tK CarSymbol: KOSE:A381970Market cap: ₩305.1b価格と性能株価の高値、安値、推移の概要HL Holdings過去の株価現在の株価₩39,150.0052週高値₩54,700.0052週安値₩35,500.00ベータ0.481ヶ月の変化5.81%3ヶ月変化-13.86%1年変化1.82%3年間の変化8.90%5年間の変化-13.19%IPOからの変化-64.89%最新ニュースBuy Or Sell Opportunity • Aug 14Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to ₩41,100. The fair value is estimated to be ₩34,231, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 18% in the next 2 years.Upcoming Dividend • Jun 22Upcoming dividend of ₩1,100 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 20 July 2026. Trailing yield: 4.8%. Within top quartile of South Korean dividend payers (4.2%). Higher than average of industry peers (3.7%).Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩47,000, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Retail Distributors industry in Asia. Total returns to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩33,855 per share.Buy Or Sell Opportunity • Jun 09Now 21% overvaluedOver the last 90 days, the stock has fallen 6.9% to ₩41,100. The fair value is estimated to be ₩33,877, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 18% in the next 2 years.New Risk • Jun 04New major risk - Revenue and earnings growthEarnings have declined by 41% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Interest payments are not well covered by earnings (2.9x net interest cover). Earnings have declined by 41% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.分析記事 • May 28HL Holdings' (KRX:060980) Shareholders May Want To Dig Deeper Than Statutory ProfitHL Holdings Corporation's ( KRX:060980 ) healthy profit numbers didn't contain any surprises for investors. However the...最新情報をもっと見るRecent updatesBuy Or Sell Opportunity • Aug 14Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to ₩41,100. The fair value is estimated to be ₩34,231, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 18% in the next 2 years.Upcoming Dividend • Jun 22Upcoming dividend of ₩1,100 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 20 July 2026. Trailing yield: 4.8%. Within top quartile of South Korean dividend payers (4.2%). Higher than average of industry peers (3.7%).Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩47,000, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Retail Distributors industry in Asia. Total returns to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩33,855 per share.Buy Or Sell Opportunity • Jun 09Now 21% overvaluedOver the last 90 days, the stock has fallen 6.9% to ₩41,100. The fair value is estimated to be ₩33,877, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 18% in the next 2 years.New Risk • Jun 04New major risk - Revenue and earnings growthEarnings have declined by 41% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Interest payments are not well covered by earnings (2.9x net interest cover). Earnings have declined by 41% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.分析記事 • May 28HL Holdings' (KRX:060980) Shareholders May Want To Dig Deeper Than Statutory ProfitHL Holdings Corporation's ( KRX:060980 ) healthy profit numbers didn't contain any surprises for investors. However the...お知らせ • May 12HL Holdings Corporation to Report Q1, 2026 Results on May 18, 2026HL Holdings Corporation announced that they will report Q1, 2026 results at 10:00 AM, Alaskan Daylight on May 18, 2026お知らせ • Mar 07HL Holdings Corporation, Annual General Meeting, Mar 26, 2026HL Holdings Corporation, Annual General Meeting, Mar 26, 2026, at 09:30 Tokyo Standard Time. Location: conference room, 46, giheungdanji-ro, giheung-gu, gyeonggi-do, yongin South KoreaValuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₩40,700, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Retail Distributors industry in Asia. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩30,681 per share.Price Target Changed • Feb 26Price target increased by 11% to ₩61,000Up from ₩55,000, the current price target is an average from 2 analysts. New target price is 18% above last closing price of ₩51,900. Stock is up 40% over the past year. The company is forecast to post earnings per share of ₩3,501 for next year compared to ₩2,087 last year.お知らせ • Feb 11HL Holdings Corporation (KOSE:A060980) announces an Equity Buyback for KRW 10,000 million worth of its shares.HL Holdings Corporation (KOSE:A060980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance shareholder value through the shareholder friendly policy. The program will expire on December 30, 2026. As of February 10, 2026, the company had 134,630 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.お知らせ • Feb 05HL Holdings Corporation to Report Fiscal Year 2025 Results on Feb 11, 2026HL Holdings Corporation announced that they will report fiscal year 2025 results on Feb 11, 2026Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩52,200, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Retail Distributors industry in Asia. Total returns to shareholders of 90% over the past three years.分析記事 • Nov 24HL Holdings' (KRX:060980) Soft Earnings Are Actually Better Than They AppearHL Holdings Corporation's ( KRX:060980 ) earnings announcement last week didn't impress shareholders. However, our...Board Change • Nov 06High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Rae Noh was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Jun 27Price target increased by 7.3% to ₩49,000Up from ₩45,667, the current price target is an average from 2 analysts. New target price is 21% above last closing price of ₩40,500. Stock is up 19% over the past year. The company is forecast to post earnings per share of ₩1,228 for next year compared to ₩2,087 last year.New Risk • Apr 03New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 96% Dividend yield: 5.8% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Dividend is not well covered by earnings (96% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin).分析記事 • Mar 25HL Holdings' (KRX:060980) Soft Earnings Are Actually Better Than They AppearThe market for HL Holdings Corporation's ( KRX:060980 ) shares didn't move much after it posted weak earnings recently...Reported Earnings • Mar 22Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₩2,087 (down from ₩5,237 in FY 2023). Revenue: ₩1.37t (up 6.7% from FY 2023). Net income: ₩19.8b (down 61% from FY 2023). Profit margin: 1.4% (down from 3.9% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 61%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Retail Distributors industry in Asia. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Mar 08HL Holdings Corporation, Annual General Meeting, Mar 26, 2025HL Holdings Corporation, Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 46, giheungdanji-ro, giheung-gu, gyeonggi-do, yongin South Koreaお知らせ • Feb 07HL Holdings Corporation (KOSE:A060980) announces an Equity Buyback for KRW 13,000 million worth of its shares.HL Holdings Corporation (KOSE:A060980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 13,000 million worth of its shares pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance shareholder value through the shareholder friendly policy. The program will expire on January 2, 2026. As of February 6, 2025, the company had 470,193 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.お知らせ • Feb 04HL Holdings Corporation to Report Fiscal Year 2024 Results on Feb 07, 2025HL Holdings Corporation announced that they will report fiscal year 2024 results on Feb 07, 2025Price Target Changed • Oct 17Price target increased by 7.3% to ₩49,000Up from ₩45,667, the current price target is an average from 2 analysts. New target price is 38% above last closing price of ₩35,500. Stock is up 11% over the past year. The company is forecast to post earnings per share of ₩6,347 for next year compared to ₩5,237 last year.Buy Or Sell Opportunity • Jul 02Now 44% overvalued after recent price riseOver the last 90 days, the stock has risen 1.5% to ₩33,950. The fair value is estimated to be ₩23,582, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 36%. Revenue is forecast to grow by 4.5% in a year. Earnings are forecast to grow by 4.5% in the next year.Buy Or Sell Opportunity • Jun 27Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at ₩34,100. The fair value is estimated to be ₩28,391, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 36%. Revenue is forecast to grow by 4.5% in a year. Earnings are forecast to grow by 4.5% in the next year.New Risk • Jun 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% 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 (8.5% 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. Shareholders have been diluted in the past year (2.2% increase in shares outstanding).分析記事 • May 26We Think HL Holdings' (KRX:060980) Profit Is Only A Baseline For What They Can AchieveHL Holdings Corporation's ( KRX:060980 ) robust earnings report didn't manage to move the market for its stock. Our...Buy Or Sell Opportunity • May 14Now 22% overvaluedOver the last 90 days, the stock has fallen 3.4% to ₩34,200. The fair value is estimated to be ₩28,108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.Buy Or Sell Opportunity • Apr 29Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 2.1% to ₩34,300. The fair value is estimated to be ₩28,143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.Buy Or Sell Opportunity • Apr 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 3.2% to ₩33,800. The fair value is estimated to be ₩28,143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.New Risk • Mar 22New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 137% Dividend per share is over 79x cash flows per share. Dividend yield: 5.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.6% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 137% Dividend per share is over 79x cash flows per share.Reported Earnings • Mar 22Full year 2023 earnings released: EPS: ₩5,237 (vs ₩314 in FY 2022)Full year 2023 results: EPS: ₩5,237 (up from ₩314 in FY 2022). Revenue: ₩1.29t (flat on FY 2022). Net income: ₩50.5b (up ₩47.4b from FY 2022). Profit margin: 3.9% (up from 0.2% in FY 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Retail Distributors industry in Asia. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 21Upcoming dividend of ₩2,000 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.6%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.5%).お知らせ • Feb 08HL Holdings Corporation (KOSE:A060980) announces an Equity Buyback for KRW 7,000 million worth of its shares.HL Holdings Corporation (KOSE:A060980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 7,000 million worth of its shares pursuant to a contract with Shinyoung Securities Co., Ltd. The purpose of the program is to enhance shareholder value through the shareholder friendly policy. The program will expire on February 4, 2025. As of February 5, 2024, the company had 560,720 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.Upcoming Dividend • Dec 20Upcoming dividend of ₩2,000 per share at 6.0% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 10 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.0%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.4%).New Risk • Nov 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Dividend is not well covered by earnings (137% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin).Price Target Changed • Nov 10Price target decreased by 8.0% to ₩42,000Down from ₩45,667, the current price target is provided by 1 analyst. New target price is 24% above last closing price of ₩33,750. Stock is up 2.9% over the past year. The company is forecast to post earnings per share of ₩11,500 for next year compared to ₩314 last year.Buying Opportunity • Sep 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.3%. The fair value is estimated to be ₩43,739, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has declined by 7.2%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 102% in the next 2 years.Reported Earnings • Mar 24Full year 2022 earnings released: EPS: ₩314 (vs ₩10,531 in FY 2021)Full year 2022 results: EPS: ₩314 (down from ₩10,531 in FY 2021). Revenue: ₩1.28t (up 23% from FY 2021). Net income: ₩3.10b (down 97% from FY 2021). Profit margin: 0.2% (down from 10% in FY 2021). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Retail Distributors industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of ₩2,000 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 10 April 2023. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 6.4%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.6%).Board Change • Nov 16Less 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. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairperson Mong-Won Chung was the last director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • May 12Halla Holdings Corp. (KOSE:A060980) announces an Equity Buyback for KRW 10,000 million worth of its shares.Halla Holdings Corp. (KOSE:A060980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Mirae Asset Daewoo Co., Ltd. The purpose of the program is to enhance shareholder value through the shareholder friendly policy. The program will expire on April 10, 2023. As of May 9, 2022, the company had 560,720 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.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. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairperson Mong-Won Chung was the last director to join the board, commencing their role in 2008. 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 ₩2,000 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 04 April 2022. Payout ratio is a comfortable 16% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.8%).Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩55,200, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Auto Components industry in South Korea. Total returns to shareholders of 59% over the past three years.お知らせ • May 12Halla Holdings Corp. (KOSE:A060980) announces an Equity Buyback for KRW 10,000 million worth of its shares.Halla Holdings Corp. (KOSE:A060980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Mirae Asset Daewoo Co., Ltd. The purpose of the program is to enhance shareholder value through the shareholder friendly policy. The program will expire on December 31, 2021. As of May 10, 2021, the company had 351,915 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.分析記事 • Apr 11An Intrinsic Calculation For Halla Holdings Corp. (KRX:060980) Suggests It's 42% UndervaluedIn this article we are going to estimate the intrinsic value of Halla Holdings Corp. ( KRX:060980 ) by taking the...Reported Earnings • Mar 20Full year 2020 earnings released: EPS ₩4,297 (vs ₩4,056 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₩735.8b (down 7.8% from FY 2019). Net income: ₩44.0b (up 3.7% from FY 2019). Profit margin: 6.0% (up from 5.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 5% per year.分析記事 • Mar 19What To Know Before Buying Halla Holdings Corp. (KRX:060980) For Its DividendDividend paying stocks like Halla Holdings Corp. ( KRX:060980 ) tend to be popular with investors, and for good reason...分析記事 • Mar 01These 4 Measures Indicate That Halla Holdings (KRX:060980) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Feb 11Could The Halla Holdings Corp. (KRX:060980) Ownership Structure Tell Us Something Useful?A look at the shareholders of Halla Holdings Corp. ( KRX:060980 ) can tell us which group is most powerful. Generally...お知らせ • Feb 09Halla Holdings Corp., Annual General Meeting, Mar 25, 2021Halla Holdings Corp., Annual General Meeting, Mar 25, 2021, at 09:00 Korea Standard Time.お知らせ • Feb 06Halla Holdings Corp. to Report Fiscal Year 2020 Results on Feb 08, 2021Halla Holdings Corp. announced that they will report fiscal year 2020 results on Feb 08, 2021Major Estimate Revision • Jan 26Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from ₩1,645 to ₩2,714. Revenue estimate for the same period was approximately flat at ₩702.7m. Net income is expected to grow by 46% next year compared to 94% growth forecast for the Auto Components industry in South Korea. The consensus price target increased from ₩39,333 to ₩45,667. Share price is up 14% to ₩48,500 over the past week.分析記事 • Jan 24Halla Holdings (KRX:060980) Share Prices Have Dropped 23% In The Last Five YearsIt is doubtless a positive to see that the Halla Holdings Corp. ( KRX:060980 ) share price has gained some 49% in the...Is New 90 Day High Low • Jan 21New 90-day high: ₩46,100The company is up 43% from its price of ₩32,350 on 23 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 44% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩51,250 per share.分析記事 • Jan 09Calculating The Fair Value Of Halla Holdings Corp. (KRX:060980)In this article we are going to estimate the intrinsic value of Halla Holdings Corp. ( KRX:060980 ) by taking the...Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₩45,300, the stock is trading at a trailing P/E ratio of 15.5x, up from the previous P/E ratio of 12.8x. This compares to an average P/E of 20x in the Auto Components industry in South Korea. Total return to shareholders over the past three years is a loss of 14%.Is New 90 Day High Low • Jan 05New 90-day high: ₩41,600The company is up 27% from its price of ₩32,750 on 07 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩51,250 per share.分析記事 • Dec 24Halla Holdings Corp. (KRX:060980) Is About To Go Ex-Dividend, And It Pays A 5.1% YieldReaders hoping to buy Halla Holdings Corp. ( KRX:060980 ) for its dividend will need to make their move shortly, as the...分析記事 • Dec 23Is Halla Holdings (KRX:060980) Shrinking?If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...Upcoming Dividend • Dec 22Upcoming Dividend of ₩2,000 Per ShareWill be paid on the 3rd of April to those who are registered shareholders by the 29th of December. The trailing yield of 5.3% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (1.7%).分析記事 • Dec 08Is Halla Holdings Corp. (KRX:060980) A Smart Pick For Income Investors?Could Halla Holdings Corp. ( KRX:060980 ) be an attractive dividend share to own for the long haul? Investors are often...分析記事 • Nov 23Is Halla Holdings (KRX:060980) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Nov 13New 90-day high: ₩35,450The company is up 15% from its price of ₩30,800 on 14 August 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩50,447 per share.Is New 90 Day High Low • Oct 28New 90-day high: ₩33,100The company is up 13% from its price of ₩29,250 on 30 July 2020. The South Korean market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩50,447 per share.Is New 90 Day High Low • Sep 29New 90-day high: ₩31,050The company is up 16% from its price of ₩26,700 on 01 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩50,447 per share.株主還元A060980KR Retail DistributorsKR 市場7D-2.2%5.5%7.5%1Y1.8%-7.8%106.3%株主還元を見る業界別リターン: A060980過去 1 年間で-7.8 % の収益を上げたKR Retail Distributors業界を上回りました。リターン対市場: A060980は、過去 1 年間で106.3 % のリターンを上げたKR市場を下回りました。価格変動Is A060980's price volatile compared to industry and market?A060980 volatilityA060980 Average Weekly Movement6.6%Retail Distributors Industry Average Movement10.1%Market Average Movement9.8%10% most volatile stocks in KR Market17.7%10% least volatile stocks in KR Market5.2%安定した株価: A060980 、 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: A060980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1991316n/awww.hlholdings.co.krHLホールディングス株式会社は、韓国内外で自動車、建設、教育・スポーツ事業に従事している。同社は自動車部品を提供している。また、港湾ターミナル、大学、アイスホッケークラブ、ゴルフクラブを運営している。同社は以前、漢拏ホールディングス株式会社として知られていたが、2022年10月にHLホールディングス株式会社に社名を変更した。HLホールディングスは1962年に設立され、韓国のソウルに本社を置いている。もっと見るHL Holdings Corporation 基礎のまとめHL Holdings の収益と売上を時価総額と比較するとどうか。A060980 基礎統計学時価総額₩354.85b収益（TTM）₩35.87b売上高(TTM)₩1.33t9.9xPER（株価収益率0.3xP/SレシオA060980 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A060980 損益計算書（TTM）収益₩1.33t売上原価₩1.07t売上総利益₩260.28bその他の費用₩224.41b収益₩35.87b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）3.96kグロス・マージン19.55%純利益率2.69%有利子負債／自己資本比率64.1%A060980 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5.1%現在の配当利回り51%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2026/08/19 19:26終値2026/08/19 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク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HL Holdings Corporation 3 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。26 アナリスト機関Paul HwangBarclaysEuisup LeeBofA Global ResearchKyung Jae HwangCGS International23 その他のアナリストを表示
Buy Or Sell Opportunity • Aug 14Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to ₩41,100. The fair value is estimated to be ₩34,231, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 18% in the next 2 years.
Upcoming Dividend • Jun 22Upcoming dividend of ₩1,100 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 20 July 2026. Trailing yield: 4.8%. Within top quartile of South Korean dividend payers (4.2%). Higher than average of industry peers (3.7%).
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩47,000, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Retail Distributors industry in Asia. Total returns to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩33,855 per share.
Buy Or Sell Opportunity • Jun 09Now 21% overvaluedOver the last 90 days, the stock has fallen 6.9% to ₩41,100. The fair value is estimated to be ₩33,877, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 18% in the next 2 years.
New Risk • Jun 04New major risk - Revenue and earnings growthEarnings have declined by 41% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Interest payments are not well covered by earnings (2.9x net interest cover). Earnings have declined by 41% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
分析記事 • May 28HL Holdings' (KRX:060980) Shareholders May Want To Dig Deeper Than Statutory ProfitHL Holdings Corporation's ( KRX:060980 ) healthy profit numbers didn't contain any surprises for investors. However the...
Buy Or Sell Opportunity • Aug 14Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to ₩41,100. The fair value is estimated to be ₩34,231, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 18% in the next 2 years.
Upcoming Dividend • Jun 22Upcoming dividend of ₩1,100 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 20 July 2026. Trailing yield: 4.8%. Within top quartile of South Korean dividend payers (4.2%). Higher than average of industry peers (3.7%).
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩47,000, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Retail Distributors industry in Asia. Total returns to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩33,855 per share.
Buy Or Sell Opportunity • Jun 09Now 21% overvaluedOver the last 90 days, the stock has fallen 6.9% to ₩41,100. The fair value is estimated to be ₩33,877, 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. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 18% in the next 2 years.
New Risk • Jun 04New major risk - Revenue and earnings growthEarnings have declined by 41% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Interest payments are not well covered by earnings (2.9x net interest cover). Earnings have declined by 41% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
分析記事 • May 28HL Holdings' (KRX:060980) Shareholders May Want To Dig Deeper Than Statutory ProfitHL Holdings Corporation's ( KRX:060980 ) healthy profit numbers didn't contain any surprises for investors. However the...
お知らせ • May 12HL Holdings Corporation to Report Q1, 2026 Results on May 18, 2026HL Holdings Corporation announced that they will report Q1, 2026 results at 10:00 AM, Alaskan Daylight on May 18, 2026
お知らせ • Mar 07HL Holdings Corporation, Annual General Meeting, Mar 26, 2026HL Holdings Corporation, Annual General Meeting, Mar 26, 2026, at 09:30 Tokyo Standard Time. Location: conference room, 46, giheungdanji-ro, giheung-gu, gyeonggi-do, yongin South Korea
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₩40,700, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Retail Distributors industry in Asia. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩30,681 per share.
Price Target Changed • Feb 26Price target increased by 11% to ₩61,000Up from ₩55,000, the current price target is an average from 2 analysts. New target price is 18% above last closing price of ₩51,900. Stock is up 40% over the past year. The company is forecast to post earnings per share of ₩3,501 for next year compared to ₩2,087 last year.
お知らせ • Feb 11HL Holdings Corporation (KOSE:A060980) announces an Equity Buyback for KRW 10,000 million worth of its shares.HL Holdings Corporation (KOSE:A060980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance shareholder value through the shareholder friendly policy. The program will expire on December 30, 2026. As of February 10, 2026, the company had 134,630 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
お知らせ • Feb 05HL Holdings Corporation to Report Fiscal Year 2025 Results on Feb 11, 2026HL Holdings Corporation announced that they will report fiscal year 2025 results on Feb 11, 2026
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩52,200, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Retail Distributors industry in Asia. Total returns to shareholders of 90% over the past three years.
分析記事 • Nov 24HL Holdings' (KRX:060980) Soft Earnings Are Actually Better Than They AppearHL Holdings Corporation's ( KRX:060980 ) earnings announcement last week didn't impress shareholders. However, our...
Board Change • Nov 06High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Rae Noh was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Jun 27Price target increased by 7.3% to ₩49,000Up from ₩45,667, the current price target is an average from 2 analysts. New target price is 21% above last closing price of ₩40,500. Stock is up 19% over the past year. The company is forecast to post earnings per share of ₩1,228 for next year compared to ₩2,087 last year.
New Risk • Apr 03New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 96% Dividend yield: 5.8% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Dividend is not well covered by earnings (96% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin).
分析記事 • Mar 25HL Holdings' (KRX:060980) Soft Earnings Are Actually Better Than They AppearThe market for HL Holdings Corporation's ( KRX:060980 ) shares didn't move much after it posted weak earnings recently...
Reported Earnings • Mar 22Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₩2,087 (down from ₩5,237 in FY 2023). Revenue: ₩1.37t (up 6.7% from FY 2023). Net income: ₩19.8b (down 61% from FY 2023). Profit margin: 1.4% (down from 3.9% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 61%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Retail Distributors industry in Asia. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 08HL Holdings Corporation, Annual General Meeting, Mar 26, 2025HL Holdings Corporation, Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 46, giheungdanji-ro, giheung-gu, gyeonggi-do, yongin South Korea
お知らせ • Feb 07HL Holdings Corporation (KOSE:A060980) announces an Equity Buyback for KRW 13,000 million worth of its shares.HL Holdings Corporation (KOSE:A060980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 13,000 million worth of its shares pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance shareholder value through the shareholder friendly policy. The program will expire on January 2, 2026. As of February 6, 2025, the company had 470,193 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
お知らせ • Feb 04HL Holdings Corporation to Report Fiscal Year 2024 Results on Feb 07, 2025HL Holdings Corporation announced that they will report fiscal year 2024 results on Feb 07, 2025
Price Target Changed • Oct 17Price target increased by 7.3% to ₩49,000Up from ₩45,667, the current price target is an average from 2 analysts. New target price is 38% above last closing price of ₩35,500. Stock is up 11% over the past year. The company is forecast to post earnings per share of ₩6,347 for next year compared to ₩5,237 last year.
Buy Or Sell Opportunity • Jul 02Now 44% overvalued after recent price riseOver the last 90 days, the stock has risen 1.5% to ₩33,950. The fair value is estimated to be ₩23,582, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 36%. Revenue is forecast to grow by 4.5% in a year. Earnings are forecast to grow by 4.5% in the next year.
Buy Or Sell Opportunity • Jun 27Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at ₩34,100. The fair value is estimated to be ₩28,391, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 36%. Revenue is forecast to grow by 4.5% in a year. Earnings are forecast to grow by 4.5% in the next year.
New Risk • Jun 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% 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 (8.5% 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. Shareholders have been diluted in the past year (2.2% increase in shares outstanding).
分析記事 • May 26We Think HL Holdings' (KRX:060980) Profit Is Only A Baseline For What They Can AchieveHL Holdings Corporation's ( KRX:060980 ) robust earnings report didn't manage to move the market for its stock. Our...
Buy Or Sell Opportunity • May 14Now 22% overvaluedOver the last 90 days, the stock has fallen 3.4% to ₩34,200. The fair value is estimated to be ₩28,108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.
Buy Or Sell Opportunity • Apr 29Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 2.1% to ₩34,300. The fair value is estimated to be ₩28,143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.
Buy Or Sell Opportunity • Apr 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 3.2% to ₩33,800. The fair value is estimated to be ₩28,143, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 37%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.
New Risk • Mar 22New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 137% Dividend per share is over 79x cash flows per share. Dividend yield: 5.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.6% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 137% Dividend per share is over 79x cash flows per share.
Reported Earnings • Mar 22Full year 2023 earnings released: EPS: ₩5,237 (vs ₩314 in FY 2022)Full year 2023 results: EPS: ₩5,237 (up from ₩314 in FY 2022). Revenue: ₩1.29t (flat on FY 2022). Net income: ₩50.5b (up ₩47.4b from FY 2022). Profit margin: 3.9% (up from 0.2% in FY 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Retail Distributors industry in Asia. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 21Upcoming dividend of ₩2,000 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.6%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.5%).
お知らせ • Feb 08HL Holdings Corporation (KOSE:A060980) announces an Equity Buyback for KRW 7,000 million worth of its shares.HL Holdings Corporation (KOSE:A060980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 7,000 million worth of its shares pursuant to a contract with Shinyoung Securities Co., Ltd. The purpose of the program is to enhance shareholder value through the shareholder friendly policy. The program will expire on February 4, 2025. As of February 5, 2024, the company had 560,720 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
Upcoming Dividend • Dec 20Upcoming dividend of ₩2,000 per share at 6.0% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 10 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.0%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.4%).
New Risk • Nov 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Dividend is not well covered by earnings (137% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin).
Price Target Changed • Nov 10Price target decreased by 8.0% to ₩42,000Down from ₩45,667, the current price target is provided by 1 analyst. New target price is 24% above last closing price of ₩33,750. Stock is up 2.9% over the past year. The company is forecast to post earnings per share of ₩11,500 for next year compared to ₩314 last year.
Buying Opportunity • Sep 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.3%. The fair value is estimated to be ₩43,739, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has declined by 7.2%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 102% in the next 2 years.
Reported Earnings • Mar 24Full year 2022 earnings released: EPS: ₩314 (vs ₩10,531 in FY 2021)Full year 2022 results: EPS: ₩314 (down from ₩10,531 in FY 2021). Revenue: ₩1.28t (up 23% from FY 2021). Net income: ₩3.10b (down 97% from FY 2021). Profit margin: 0.2% (down from 10% in FY 2021). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Retail Distributors industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of ₩2,000 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 10 April 2023. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 6.4%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.6%).
Board Change • Nov 16Less 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. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairperson Mong-Won Chung was the last director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • May 12Halla Holdings Corp. (KOSE:A060980) announces an Equity Buyback for KRW 10,000 million worth of its shares.Halla Holdings Corp. (KOSE:A060980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Mirae Asset Daewoo Co., Ltd. The purpose of the program is to enhance shareholder value through the shareholder friendly policy. The program will expire on April 10, 2023. As of May 9, 2022, the company had 560,720 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
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. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairperson Mong-Won Chung was the last director to join the board, commencing their role in 2008. 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 ₩2,000 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 04 April 2022. Payout ratio is a comfortable 16% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.8%).
Valuation Update With 7 Day Price Move • Sep 16Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩55,200, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Auto Components industry in South Korea. Total returns to shareholders of 59% over the past three years.
お知らせ • May 12Halla Holdings Corp. (KOSE:A060980) announces an Equity Buyback for KRW 10,000 million worth of its shares.Halla Holdings Corp. (KOSE:A060980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Mirae Asset Daewoo Co., Ltd. The purpose of the program is to enhance shareholder value through the shareholder friendly policy. The program will expire on December 31, 2021. As of May 10, 2021, the company had 351,915 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
分析記事 • Apr 11An Intrinsic Calculation For Halla Holdings Corp. (KRX:060980) Suggests It's 42% UndervaluedIn this article we are going to estimate the intrinsic value of Halla Holdings Corp. ( KRX:060980 ) by taking the...
Reported Earnings • Mar 20Full year 2020 earnings released: EPS ₩4,297 (vs ₩4,056 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₩735.8b (down 7.8% from FY 2019). Net income: ₩44.0b (up 3.7% from FY 2019). Profit margin: 6.0% (up from 5.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 5% per year.
分析記事 • Mar 19What To Know Before Buying Halla Holdings Corp. (KRX:060980) For Its DividendDividend paying stocks like Halla Holdings Corp. ( KRX:060980 ) tend to be popular with investors, and for good reason...
分析記事 • Mar 01These 4 Measures Indicate That Halla Holdings (KRX:060980) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Feb 11Could The Halla Holdings Corp. (KRX:060980) Ownership Structure Tell Us Something Useful?A look at the shareholders of Halla Holdings Corp. ( KRX:060980 ) can tell us which group is most powerful. Generally...
お知らせ • Feb 09Halla Holdings Corp., Annual General Meeting, Mar 25, 2021Halla Holdings Corp., Annual General Meeting, Mar 25, 2021, at 09:00 Korea Standard Time.
お知らせ • Feb 06Halla Holdings Corp. to Report Fiscal Year 2020 Results on Feb 08, 2021Halla Holdings Corp. announced that they will report fiscal year 2020 results on Feb 08, 2021
Major Estimate Revision • Jan 26Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from ₩1,645 to ₩2,714. Revenue estimate for the same period was approximately flat at ₩702.7m. Net income is expected to grow by 46% next year compared to 94% growth forecast for the Auto Components industry in South Korea. The consensus price target increased from ₩39,333 to ₩45,667. Share price is up 14% to ₩48,500 over the past week.
分析記事 • Jan 24Halla Holdings (KRX:060980) Share Prices Have Dropped 23% In The Last Five YearsIt is doubtless a positive to see that the Halla Holdings Corp. ( KRX:060980 ) share price has gained some 49% in the...
Is New 90 Day High Low • Jan 21New 90-day high: ₩46,100The company is up 43% from its price of ₩32,350 on 23 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 44% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩51,250 per share.
分析記事 • Jan 09Calculating The Fair Value Of Halla Holdings Corp. (KRX:060980)In this article we are going to estimate the intrinsic value of Halla Holdings Corp. ( KRX:060980 ) by taking the...
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₩45,300, the stock is trading at a trailing P/E ratio of 15.5x, up from the previous P/E ratio of 12.8x. This compares to an average P/E of 20x in the Auto Components industry in South Korea. Total return to shareholders over the past three years is a loss of 14%.
Is New 90 Day High Low • Jan 05New 90-day high: ₩41,600The company is up 27% from its price of ₩32,750 on 07 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩51,250 per share.
分析記事 • Dec 24Halla Holdings Corp. (KRX:060980) Is About To Go Ex-Dividend, And It Pays A 5.1% YieldReaders hoping to buy Halla Holdings Corp. ( KRX:060980 ) for its dividend will need to make their move shortly, as the...
分析記事 • Dec 23Is Halla Holdings (KRX:060980) Shrinking?If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...
Upcoming Dividend • Dec 22Upcoming Dividend of ₩2,000 Per ShareWill be paid on the 3rd of April to those who are registered shareholders by the 29th of December. The trailing yield of 5.3% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (1.7%).
分析記事 • Dec 08Is Halla Holdings Corp. (KRX:060980) A Smart Pick For Income Investors?Could Halla Holdings Corp. ( KRX:060980 ) be an attractive dividend share to own for the long haul? Investors are often...
分析記事 • Nov 23Is Halla Holdings (KRX:060980) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Nov 13New 90-day high: ₩35,450The company is up 15% from its price of ₩30,800 on 14 August 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩50,447 per share.
Is New 90 Day High Low • Oct 28New 90-day high: ₩33,100The company is up 13% from its price of ₩29,250 on 30 July 2020. The South Korean market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩50,447 per share.
Is New 90 Day High Low • Sep 29New 90-day high: ₩31,050The company is up 16% from its price of ₩26,700 on 01 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩50,447 per share.
