Vissem Electronics（A072950）株式概要Vissem Electronics Co, Ltd.は、LEDディスプレイ・システムと関連部品を韓国内外で製造・販売している。 詳細A072950 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4/6財務の健全性5/6配当金0/6報酬株価収益率（ 10.1 x） KR市場（ 13.2 x）を下回っています。過去1年間で収益は65.3%増加しました リスク分析高いレベルの非現金収入 KR市場と比較して、過去 3 か月間の株価の変動が非常に大きい意味のある時価総額がありません ( ₩96B )すべてのリスクチェックを見るA072950 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₩Current Price₩12.03k16.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0208b2016201920222025202620282031Revenue ₩207.5bEarnings ₩15.0bAdvancedSet Fair ValueView all narrativesVissem Electronics Co., Ltd. 競合他社Q.S.ISymbol: KOSDAQ:A066310Market cap: ₩105.5bSynic SolutionLtdSymbol: KOSDAQ:A234030Market cap: ₩119.4bUniquestSymbol: KOSE:A077500Market cap: ₩157.7bQuality Reliability TechnologySymbol: KOSDAQ:A405100Market cap: ₩208.8b価格と性能株価の高値、安値、推移の概要Vissem Electronics過去の株価現在の株価₩12,030.0052週高値₩25,700.0052週安値₩4,565.00ベータ1.041ヶ月の変化-0.66%3ヶ月変化89.15%1年変化157.60%3年間の変化134.05%5年間の変化94.27%IPOからの変化87.19%最新ニュースValuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩15,760, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 29x in the Semiconductor industry in South Korea. Total returns to shareholders of 214% over the past three years.分析記事 • May 25There May Be Underlying Issues With The Quality Of Vissem Electronics' (KOSDAQ:072950) EarningsLast week's profit announcement from Vissem Electronics Co., Ltd. ( KOSDAQ:072950 ) was underwhelming for investors...New Risk • May 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risk Market cap is less than US$100m (₩126.2b market cap, or US$83.1m).Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 34%After last week's 34% share price gain to ₩16,190, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 30x in the Semiconductor industry in South Korea. Total returns to shareholders of 256% over the past three years.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 45%After last week's 45% share price gain to ₩15,610, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 30x in the Semiconductor industry in South Korea. Total returns to shareholders of 234% over the past three years.分析記事 • Apr 09If EPS Growth Is Important To You, Vissem Electronics (KOSDAQ:072950) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩15,760, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 29x in the Semiconductor industry in South Korea. Total returns to shareholders of 214% over the past three years.分析記事 • May 25There May Be Underlying Issues With The Quality Of Vissem Electronics' (KOSDAQ:072950) EarningsLast week's profit announcement from Vissem Electronics Co., Ltd. ( KOSDAQ:072950 ) was underwhelming for investors...New Risk • May 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risk Market cap is less than US$100m (₩126.2b market cap, or US$83.1m).Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 34%After last week's 34% share price gain to ₩16,190, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 30x in the Semiconductor industry in South Korea. Total returns to shareholders of 256% over the past three years.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 45%After last week's 45% share price gain to ₩15,610, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 30x in the Semiconductor industry in South Korea. Total returns to shareholders of 234% over the past three years.分析記事 • Apr 09If EPS Growth Is Important To You, Vissem Electronics (KOSDAQ:072950) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 14% 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 Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (₩69.6b market cap, or US$47.1m).Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩6,700, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 26x in the Semiconductor industry in South Korea. Total returns to shareholders of 36% over the past three years.Reported Earnings • Mar 20Full year 2025 earnings released: EPS: ₩943 (vs ₩630 in FY 2024)Full year 2025 results: EPS: ₩943 (up from ₩630 in FY 2024). Revenue: ₩120.9b (up 42% from FY 2024). Net income: ₩7.56b (up 50% from FY 2024). Profit margin: 6.3% (up from 5.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₩7,380, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 59% over the past three years.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩7,140, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 51% over the past three years.お知らせ • Feb 24Vissem Electronics Co., Ltd., Annual General Meeting, Mar 24, 2026Vissem Electronics Co., Ltd., Annual General Meeting, Mar 24, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 262-14, guseong-ro, giheung-gu, gyeonggi-do, yongin South KoreaUpcoming Dividend • Dec 22Upcoming dividend of ₩70.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.4%).お知らせ • Dec 13Vissem Electronics Co., Ltd. announces Annual dividend, payable on April 15, 2026Vissem Electronics Co., Ltd. announced Annual dividend of KRW 70.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.分析記事 • Nov 17We Think Vissem Electronics (KOSDAQ:072950) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩5,900, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 32% over the past three years.Buy Or Sell Opportunity • Jun 20Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to ₩5,020. The fair value is estimated to be ₩4,169, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.4% over the last 3 years. Earnings per share has grown by 18%.Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩630 (vs ₩504 in FY 2023)Full year 2024 results: EPS: ₩630 (up from ₩504 in FY 2023). Revenue: ₩85.1b (up 15% from FY 2023). Net income: ₩5.04b (up 25% from FY 2023). Profit margin: 5.9% (up from 5.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Upcoming Dividend • Feb 20Upcoming dividend of ₩70.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 10 April 2025. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%).お知らせ • Feb 12Vissem Electronics Co., Ltd., Annual General Meeting, Mar 26, 2025Vissem Electronics Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 262-14, guseong-ro, giheung-gu, gyeonggi-do, yongin South KoreaNew Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩29.1b market cap, or US$20.2m).分析記事 • Dec 09Does Vissem Electronics (KOSDAQ:072950) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Nov 20Third quarter 2024 earnings released: EPS: ₩79.00 (vs ₩119 in 3Q 2023)Third quarter 2024 results: EPS: ₩79.00 (down from ₩119 in 3Q 2023). Revenue: ₩22.8b (up 27% from 3Q 2023). Net income: ₩633.3m (down 34% from 3Q 2023). Profit margin: 2.8% (down from 5.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • Aug 16Vissem Electronics Co., Ltd. (KOSDAQ:A072950) Completed the acquisition of ILJIN Electronic Industrial Co., Ltd. from Kim Young Dal and 5 others.Vissem Electronics Co., Ltd. (KOSDAQ:A072950) agreed to acquire ILJIN Electronic Industrial Co., Ltd. from Kim Young Dal and 5 others for KRW 19.5 billion on July 29, 2024. A cash consideration of KRW 19.5 billion will be paid by Vissem Electronics Co., Ltd. As part of consideration, KRW 19.5 billion is paid towards common equity of ILJIN Electronic Industrial Co., Ltd. The transaction will be financed through it's own funds. For the period ending December 31, 2023, ILJIN Electronic Industrial Co., Ltd. reported total revenue of KRW 23.41 billion and net income of KRW 2.17 billion. As of December 31, 2023, ILJIN Electronic Industrial Co., Ltd. reported total debt of KRW 9.09 billion and total assets of KRW 20.24 billion. The expected completion of the transaction is August 14, 2024. Vissem Electronics Co., Ltd. (KOSDAQ:A072950) Completed the acquisition of ILJIN Electronic Industrial Co., Ltd. from Kim Young Dal and 5 others on August 14, 2024.分析記事 • Aug 07Is Vissem Electronics (KOSDAQ:072950) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩4,100, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 19x in the Semiconductor industry in South Korea. Total loss to shareholders of 41% over the past three years.お知らせ • Jul 30Vissem Electronics Co., Ltd. (KOSDAQ:A072950) agreed to acquire ILJIN Electronic Industrial Co., Ltd. from Kim Young Dal and 5 others for KRW 19.5 billion.Vissem Electronics Co., Ltd. (KOSDAQ:A072950) agreed to acquire ILJIN Electronic Industrial Co., Ltd. from Kim Young Dal and 5 others for KRW 19.5 billion on July 29, 2024. A cash consideration of KRW 19.5 billion will be paid by Vissem Electronics Co., Ltd. As part of consideration, KRW 19.5 billion is paid towards common equity of ILJIN Electronic Industrial Co., Ltd. The transaction will be financed through it's own funds. For the period ending December 31, 2023, ILJIN Electronic Industrial Co., Ltd. reported total revenue of KRW 23.41 billion and net income of KRW 2.17 billion. As of December 31, 2023, ILJIN Electronic Industrial Co., Ltd. reported total debt of KRW 9.09 billion and total assets of KRW 20.24 billion. The expected completion of the transaction is August 14, 2024.Buy Or Sell Opportunity • Jul 26Now 20% overvaluedOver the last 90 days, the stock has fallen 6.3% to ₩5,060. The fair value is estimated to be ₩4,204, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 10%.New Risk • Apr 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 Share price has been highly volatile over the past 3 months (13% average weekly change). 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 (2.1% increase in shares outstanding). Market cap is less than US$100m (₩48.6b market cap, or US$36.1m).Reported Earnings • Mar 21Full year 2023 earnings released: EPS: ₩504 (vs ₩277 in FY 2022)Full year 2023 results: EPS: ₩504 (up from ₩277 in FY 2022). Revenue: ₩74.1b (down 20% from FY 2022). Net income: ₩4.02b (up 82% from FY 2022). Profit margin: 5.4% (up from 2.4% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Feb 20Now 21% undervaluedOver the last 90 days, the stock has risen 20% to ₩5,380. The fair value is estimated to be ₩6,847, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 16%.New Risk • Feb 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩43.6b market cap, or US$32.8m).Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 28%After last week's 28% share price gain to ₩5,790, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 27% over the past three years.Upcoming Dividend • Dec 20Upcoming dividend of ₩129 per share at 0.8% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 17 April 2024. Payout ratio is a comfortable 8.5% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.0%).Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: ₩119 (vs ₩57.00 loss in 3Q 2022)Third quarter 2023 results: EPS: ₩119 (up from ₩57.00 loss in 3Q 2022). Revenue: ₩18.0b (down 9.7% from 3Q 2022). Net income: ₩951.8m (up ₩1.31b from 3Q 2022). Profit margin: 5.3% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ₩91.00 (vs ₩116 in 1Q 2022)First quarter 2023 results: EPS: ₩91.00 (down from ₩116 in 1Q 2022). Revenue: ₩18.2b (down 29% from 1Q 2022). Net income: ₩720.6m (down 22% from 1Q 2022). Profit margin: 3.9% (up from 3.6% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of ₩100.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 07 April 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (1.8%).Reported Earnings • Nov 20Third quarter 2022 earnings released: ₩57.00 loss per share (vs ₩92.00 profit in 3Q 2021)Third quarter 2022 results: ₩57.00 loss per share (down from ₩92.00 profit in 3Q 2021). Revenue: ₩19.9b (up 5.8% from 3Q 2021). Net loss: ₩358.9m (down 163% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₩676 (up from ₩194 in FY 2020). Revenue: ₩81.8b (up 72% from FY 2020). Net income: ₩4.12b (up 270% from FY 2020). Profit margin: 5.0% (up from 2.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of ₩290 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.9%).Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩7,900, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 18x in the Semiconductor industry in South Korea. Total returns to shareholders of 48% over the past three years.Reported Earnings • Nov 18Third quarter 2021 earnings released: EPS ₩92.00 (vs ₩2.00 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₩18.8b (up 67% from 3Q 2020). Net income: ₩567.0m (up ₩558.4m from 3Q 2020). Profit margin: 3.0% (up from 0.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩9,860, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 23x in the Semiconductor industry in South Korea. Total returns to shareholders of 78% over the past three years.Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩9,610, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 21x in the Semiconductor industry in South Korea. Total returns to shareholders of 63% over the past three years.分析記事 • May 05Could Vissem Electronics Co., Ltd. (KOSDAQ:072950) Have The Makings Of Another Dividend Aristocrat?Could Vissem Electronics Co., Ltd. ( KOSDAQ:072950 ) be an attractive dividend share to own for the long haul...分析記事 • Mar 31Vissem Electronics (KOSDAQ:072950) Seems To Use Debt Rather SparinglySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Mar 20Full year 2020 earnings released: EPS ₩194 (vs ₩333 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₩47.5b (up 2.2% from FY 2019). Net income: ₩1.12b (down 42% from FY 2019). Profit margin: 2.4% (down from 4.1% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.分析記事 • Feb 24Calculating The Fair Value Of Vissem Electronics Co., Ltd. (KOSDAQ:072950)In this article we are going to estimate the intrinsic value of Vissem Electronics Co., Ltd. ( KOSDAQ:072950 ) by...お知らせ • Feb 11Vissem Electronics Co., Ltd., Annual General Meeting, Mar 24, 2021Vissem Electronics Co., Ltd., Annual General Meeting, Mar 24, 2021, at 09:30 Korea Standard Time.分析記事 • Jan 28Is Vissem Electronics Co., Ltd. (KOSDAQ:072950) A Smart Choice For Dividend Investors?Today we'll take a closer look at Vissem Electronics Co., Ltd. ( KOSDAQ:072950 ) from a dividend investor's...Is New 90 Day High Low • Jan 20New 90-day high: ₩6,900The company is up 18% from its price of ₩5,860 on 22 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 44% over the same period.Is New 90 Day High Low • Jan 04New 90-day high: ₩6,300The company is up 14% from its price of ₩5,550 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 32% over the same period.分析記事 • Dec 24Is It Worth Considering Vissem Electronics Co., Ltd. (KOSDAQ:072950) For Its Upcoming Dividend?Readers hoping to buy Vissem Electronics Co., Ltd. ( KOSDAQ:072950 ) for its dividend will need to make their move...Upcoming Dividend • Dec 22Upcoming Dividend of ₩100.00 Per ShareWill be paid on the 10th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.7% is below the top quartile of South Korean dividend payers (2.6%), but it is higher than industry peers (0.8%).分析記事 • Nov 29Is Vissem Electronics (KOSDAQ:072950) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Is New 90 Day High Low • Oct 20New 90-day high: ₩6,000The company is up 9.0% from its price of ₩5,490 on 22 July 2020. The South Korean market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 3.0% over the same period.お知らせ • Oct 06Vissem Electronics Co., Ltd. (KOSDAQ:A072950) agreed to acquire remaining 8.9% stake in DONGYANG TELECOM Co.,Ltd.Vissem Electronics Co., Ltd. (KOSDAQ:A072950) agreed to acquire remaining 8.9% stake in DONGYANG TELECOM Co.,Ltd. on October 5, 2020. Merger ratio is Vissem Electronics Co., Ltd.: DONGYANG TELECOM Co.,Ltd. = 1: 0.1426445. The transaction is expected to be completed on December 8, 2020.お知らせ • Aug 27Vissem Electronics Co., Ltd. (KOSDAQ:A072950) completed the acquisition of 99.69% stake in Bnf Corporation Ltd. (XKON:A271780) from Jae-joon Ha, Young-Seok Yang and Jang-Hwan Kim.Vissem Electronics Co., Ltd. (KOSDAQ:A072950) signed a contract to acquire 99.69% stake in Bnf Corporation Ltd. (XKON:A271780) from Jae-joon Ha, Young-Seok Yang and Jang-Hwan Kim for KRW 7.1 billion on August 18, 2020. Vissem Electronics Co., Ltd. will acquire 3.22 million shares for KRW 2211.18 per share. Jae-joon Ha and Young-Seok Yang will sell 46.28% stake each and Jang-Hwan Kim will sell 7.12% stake and will hold no stake after the transaction. Payment schedule: Down payment of KRW 712 million on August 18, 2020 and balance of KRW 6.4 billion on August 25, 2020. Scheduled date of change is August 25, 2020. On August 25, 2020, CEO of Bnf Corporation Ltd. changed from Jaejoon Ha to Man-jun Kang. Vissem Electronics Co., Ltd. (KOSDAQ:A072950) completed the acquisition of 99.69% stake in Bnf Corporation Ltd. (XKON:A271780) from Jae-joon Ha, Young-Seok Yang and Jang-Hwan Kim on August 25, 2020.お知らせ • Aug 19Vissem Electronics Co., Ltd. (KOSDAQ:A072950) signed a contract to acquire 99.69% stake in Bnf Corporation Ltd. (XKON:A271780) from Jae-joon Ha, Young-Seok Yang and Jang-Hwan Kim for KRW 7.1 billion.Vissem Electronics Co., Ltd. (KOSDAQ:A072950) signed a contract to acquire 99.69% stake in Bnf Corporation Ltd. (XKON:A271780) from Jae-joon Ha, Young-Seok Yang and Jang-Hwan Kim for KRW 7.1 billion on August 18, 2020. Vissem Electronics Co., Ltd. will acquire 3.22 million shares for KRW 2211.18 per share. Jae-joon Ha and Young-Seok Yang will sell 46.28% stake each and Jang-Hwan Kim will sell 7.12% stake and will hold no stake after the transaction. Payment schedule: Down payment of KRW 712 million on August 18, 2020 and balance of KRW 6.4 billion on August 25, 2020. Scheduled date of change is August 25, 2020.株主還元A072950KR SemiconductorKR 市場7D-23.7%16.2%6.7%1Y157.6%778.3%195.0%株主還元を見る業界別リターン: A072950過去 1 年間で778.3 % の収益を上げたKR Semiconductor業界を下回りました。リターン対市場: A072950は、過去 1 年間で195 % のリターンを上げたKR市場を下回りました。価格変動Is A072950's price volatile compared to industry and market?A072950 volatilityA072950 Average Weekly Movement27.0%Semiconductor Industry Average Movement13.8%Market Average Movement9.5%10% most volatile stocks in KR Market16.6%10% least volatile stocks in KR Market4.9%安定した株価: A072950の株価は、 KR市場と比較して過去 3 か月間で変動しています。時間の経過による変動: A072950の 週次ボラティリティ は、過去 1 年間で14%から27%に増加しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト1998105Man-Joon Kangwww.vissem.comVissem Electronics Co., Ltd.は、LED ディスプレイシステムおよび関連コンポーネントを韓国内外で製造・販売している。同社は、ランプおよびSMDタイプLED、IR/フォトTR LED、屋内および屋外LEDモジュール、ビデオコントローラなどのLEDコンポーネント、LEDビルボードスクリーン、スコアボード、VMSメディアアート、建築照明、メディアファサードなどのLEDディスプレイおよび照明ソリューションを提供している。また、光ファイバースプライスクロージャー、光ファイバー分配フレーム、光ターミネーションボックス、操作制御、電源供給、故障発見・処理用機器も提供している。同社は1998年に設立され、本社は韓国の龍仁市にある。もっと見るVissem Electronics Co., Ltd. 基礎のまとめVissem Electronics の収益と売上を時価総額と比較するとどうか。A072950 基礎統計学時価総額₩96.37b収益（TTM）₩9.50b売上高(TTM)₩131.65b10.1xPER（株価収益率0.7xP/SレシオA072950 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A072950 損益計算書（TTM）収益₩131.65b売上原価₩111.76b売上総利益₩19.89bその他の費用₩10.39b収益₩9.50b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）1.19kグロス・マージン15.11%純利益率7.22%有利子負債／自己資本比率12.1%A072950 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0.6%現在の配当利回りn/a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2026/05/31 04:05終値2026/05/29 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Vissem Electronics Co., Ltd. 0 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。0
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩15,760, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 29x in the Semiconductor industry in South Korea. Total returns to shareholders of 214% over the past three years.
分析記事 • May 25There May Be Underlying Issues With The Quality Of Vissem Electronics' (KOSDAQ:072950) EarningsLast week's profit announcement from Vissem Electronics Co., Ltd. ( KOSDAQ:072950 ) was underwhelming for investors...
New Risk • May 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risk Market cap is less than US$100m (₩126.2b market cap, or US$83.1m).
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 34%After last week's 34% share price gain to ₩16,190, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 30x in the Semiconductor industry in South Korea. Total returns to shareholders of 256% over the past three years.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 45%After last week's 45% share price gain to ₩15,610, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 30x in the Semiconductor industry in South Korea. Total returns to shareholders of 234% over the past three years.
分析記事 • Apr 09If EPS Growth Is Important To You, Vissem Electronics (KOSDAQ:072950) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩15,760, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 29x in the Semiconductor industry in South Korea. Total returns to shareholders of 214% over the past three years.
分析記事 • May 25There May Be Underlying Issues With The Quality Of Vissem Electronics' (KOSDAQ:072950) EarningsLast week's profit announcement from Vissem Electronics Co., Ltd. ( KOSDAQ:072950 ) was underwhelming for investors...
New Risk • May 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risk Market cap is less than US$100m (₩126.2b market cap, or US$83.1m).
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 34%After last week's 34% share price gain to ₩16,190, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 30x in the Semiconductor industry in South Korea. Total returns to shareholders of 256% over the past three years.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 45%After last week's 45% share price gain to ₩15,610, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 30x in the Semiconductor industry in South Korea. Total returns to shareholders of 234% over the past three years.
分析記事 • Apr 09If EPS Growth Is Important To You, Vissem Electronics (KOSDAQ:072950) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 14% 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 Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (₩69.6b market cap, or US$47.1m).
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩6,700, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 26x in the Semiconductor industry in South Korea. Total returns to shareholders of 36% over the past three years.
Reported Earnings • Mar 20Full year 2025 earnings released: EPS: ₩943 (vs ₩630 in FY 2024)Full year 2025 results: EPS: ₩943 (up from ₩630 in FY 2024). Revenue: ₩120.9b (up 42% from FY 2024). Net income: ₩7.56b (up 50% from FY 2024). Profit margin: 6.3% (up from 5.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₩7,380, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 59% over the past three years.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩7,140, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 51% over the past three years.
お知らせ • Feb 24Vissem Electronics Co., Ltd., Annual General Meeting, Mar 24, 2026Vissem Electronics Co., Ltd., Annual General Meeting, Mar 24, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 262-14, guseong-ro, giheung-gu, gyeonggi-do, yongin South Korea
Upcoming Dividend • Dec 22Upcoming dividend of ₩70.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 7.4% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.4%).
お知らせ • Dec 13Vissem Electronics Co., Ltd. announces Annual dividend, payable on April 15, 2026Vissem Electronics Co., Ltd. announced Annual dividend of KRW 70.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
分析記事 • Nov 17We Think Vissem Electronics (KOSDAQ:072950) Can Manage Its Debt With EaseDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩5,900, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 32% over the past three years.
Buy Or Sell Opportunity • Jun 20Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to ₩5,020. The fair value is estimated to be ₩4,169, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.4% over the last 3 years. Earnings per share has grown by 18%.
Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩630 (vs ₩504 in FY 2023)Full year 2024 results: EPS: ₩630 (up from ₩504 in FY 2023). Revenue: ₩85.1b (up 15% from FY 2023). Net income: ₩5.04b (up 25% from FY 2023). Profit margin: 5.9% (up from 5.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Feb 20Upcoming dividend of ₩70.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 10 April 2025. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%).
お知らせ • Feb 12Vissem Electronics Co., Ltd., Annual General Meeting, Mar 26, 2025Vissem Electronics Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 262-14, guseong-ro, giheung-gu, gyeonggi-do, yongin South Korea
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩29.1b market cap, or US$20.2m).
分析記事 • Dec 09Does Vissem Electronics (KOSDAQ:072950) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Nov 20Third quarter 2024 earnings released: EPS: ₩79.00 (vs ₩119 in 3Q 2023)Third quarter 2024 results: EPS: ₩79.00 (down from ₩119 in 3Q 2023). Revenue: ₩22.8b (up 27% from 3Q 2023). Net income: ₩633.3m (down 34% from 3Q 2023). Profit margin: 2.8% (down from 5.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • Aug 16Vissem Electronics Co., Ltd. (KOSDAQ:A072950) Completed the acquisition of ILJIN Electronic Industrial Co., Ltd. from Kim Young Dal and 5 others.Vissem Electronics Co., Ltd. (KOSDAQ:A072950) agreed to acquire ILJIN Electronic Industrial Co., Ltd. from Kim Young Dal and 5 others for KRW 19.5 billion on July 29, 2024. A cash consideration of KRW 19.5 billion will be paid by Vissem Electronics Co., Ltd. As part of consideration, KRW 19.5 billion is paid towards common equity of ILJIN Electronic Industrial Co., Ltd. The transaction will be financed through it's own funds. For the period ending December 31, 2023, ILJIN Electronic Industrial Co., Ltd. reported total revenue of KRW 23.41 billion and net income of KRW 2.17 billion. As of December 31, 2023, ILJIN Electronic Industrial Co., Ltd. reported total debt of KRW 9.09 billion and total assets of KRW 20.24 billion. The expected completion of the transaction is August 14, 2024. Vissem Electronics Co., Ltd. (KOSDAQ:A072950) Completed the acquisition of ILJIN Electronic Industrial Co., Ltd. from Kim Young Dal and 5 others on August 14, 2024.
分析記事 • Aug 07Is Vissem Electronics (KOSDAQ:072950) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩4,100, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 19x in the Semiconductor industry in South Korea. Total loss to shareholders of 41% over the past three years.
お知らせ • Jul 30Vissem Electronics Co., Ltd. (KOSDAQ:A072950) agreed to acquire ILJIN Electronic Industrial Co., Ltd. from Kim Young Dal and 5 others for KRW 19.5 billion.Vissem Electronics Co., Ltd. (KOSDAQ:A072950) agreed to acquire ILJIN Electronic Industrial Co., Ltd. from Kim Young Dal and 5 others for KRW 19.5 billion on July 29, 2024. A cash consideration of KRW 19.5 billion will be paid by Vissem Electronics Co., Ltd. As part of consideration, KRW 19.5 billion is paid towards common equity of ILJIN Electronic Industrial Co., Ltd. The transaction will be financed through it's own funds. For the period ending December 31, 2023, ILJIN Electronic Industrial Co., Ltd. reported total revenue of KRW 23.41 billion and net income of KRW 2.17 billion. As of December 31, 2023, ILJIN Electronic Industrial Co., Ltd. reported total debt of KRW 9.09 billion and total assets of KRW 20.24 billion. The expected completion of the transaction is August 14, 2024.
Buy Or Sell Opportunity • Jul 26Now 20% overvaluedOver the last 90 days, the stock has fallen 6.3% to ₩5,060. The fair value is estimated to be ₩4,204, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 10%.
New Risk • Apr 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 Share price has been highly volatile over the past 3 months (13% average weekly change). 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 (2.1% increase in shares outstanding). Market cap is less than US$100m (₩48.6b market cap, or US$36.1m).
Reported Earnings • Mar 21Full year 2023 earnings released: EPS: ₩504 (vs ₩277 in FY 2022)Full year 2023 results: EPS: ₩504 (up from ₩277 in FY 2022). Revenue: ₩74.1b (down 20% from FY 2022). Net income: ₩4.02b (up 82% from FY 2022). Profit margin: 5.4% (up from 2.4% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Feb 20Now 21% undervaluedOver the last 90 days, the stock has risen 20% to ₩5,380. The fair value is estimated to be ₩6,847, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 16%.
New Risk • Feb 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩43.6b market cap, or US$32.8m).
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 28%After last week's 28% share price gain to ₩5,790, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 27% over the past three years.
Upcoming Dividend • Dec 20Upcoming dividend of ₩129 per share at 0.8% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 17 April 2024. Payout ratio is a comfortable 8.5% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.0%).
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: ₩119 (vs ₩57.00 loss in 3Q 2022)Third quarter 2023 results: EPS: ₩119 (up from ₩57.00 loss in 3Q 2022). Revenue: ₩18.0b (down 9.7% from 3Q 2022). Net income: ₩951.8m (up ₩1.31b from 3Q 2022). Profit margin: 5.3% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ₩91.00 (vs ₩116 in 1Q 2022)First quarter 2023 results: EPS: ₩91.00 (down from ₩116 in 1Q 2022). Revenue: ₩18.2b (down 29% from 1Q 2022). Net income: ₩720.6m (down 22% from 1Q 2022). Profit margin: 3.9% (up from 3.6% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of ₩100.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 07 April 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (1.8%).
Reported Earnings • Nov 20Third quarter 2022 earnings released: ₩57.00 loss per share (vs ₩92.00 profit in 3Q 2021)Third quarter 2022 results: ₩57.00 loss per share (down from ₩92.00 profit in 3Q 2021). Revenue: ₩19.9b (up 5.8% from 3Q 2021). Net loss: ₩358.9m (down 163% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₩676 (up from ₩194 in FY 2020). Revenue: ₩81.8b (up 72% from FY 2020). Net income: ₩4.12b (up 270% from FY 2020). Profit margin: 5.0% (up from 2.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of ₩290 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.9%).
Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩7,900, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 18x in the Semiconductor industry in South Korea. Total returns to shareholders of 48% over the past three years.
Reported Earnings • Nov 18Third quarter 2021 earnings released: EPS ₩92.00 (vs ₩2.00 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₩18.8b (up 67% from 3Q 2020). Net income: ₩567.0m (up ₩558.4m from 3Q 2020). Profit margin: 3.0% (up from 0.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩9,860, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 23x in the Semiconductor industry in South Korea. Total returns to shareholders of 78% over the past three years.
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩9,610, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 21x in the Semiconductor industry in South Korea. Total returns to shareholders of 63% over the past three years.
分析記事 • May 05Could Vissem Electronics Co., Ltd. (KOSDAQ:072950) Have The Makings Of Another Dividend Aristocrat?Could Vissem Electronics Co., Ltd. ( KOSDAQ:072950 ) be an attractive dividend share to own for the long haul...
分析記事 • Mar 31Vissem Electronics (KOSDAQ:072950) Seems To Use Debt Rather SparinglySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Mar 20Full year 2020 earnings released: EPS ₩194 (vs ₩333 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₩47.5b (up 2.2% from FY 2019). Net income: ₩1.12b (down 42% from FY 2019). Profit margin: 2.4% (down from 4.1% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
分析記事 • Feb 24Calculating The Fair Value Of Vissem Electronics Co., Ltd. (KOSDAQ:072950)In this article we are going to estimate the intrinsic value of Vissem Electronics Co., Ltd. ( KOSDAQ:072950 ) by...
お知らせ • Feb 11Vissem Electronics Co., Ltd., Annual General Meeting, Mar 24, 2021Vissem Electronics Co., Ltd., Annual General Meeting, Mar 24, 2021, at 09:30 Korea Standard Time.
分析記事 • Jan 28Is Vissem Electronics Co., Ltd. (KOSDAQ:072950) A Smart Choice For Dividend Investors?Today we'll take a closer look at Vissem Electronics Co., Ltd. ( KOSDAQ:072950 ) from a dividend investor's...
Is New 90 Day High Low • Jan 20New 90-day high: ₩6,900The company is up 18% from its price of ₩5,860 on 22 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 44% over the same period.
Is New 90 Day High Low • Jan 04New 90-day high: ₩6,300The company is up 14% from its price of ₩5,550 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 32% over the same period.
分析記事 • Dec 24Is It Worth Considering Vissem Electronics Co., Ltd. (KOSDAQ:072950) For Its Upcoming Dividend?Readers hoping to buy Vissem Electronics Co., Ltd. ( KOSDAQ:072950 ) for its dividend will need to make their move...
Upcoming Dividend • Dec 22Upcoming Dividend of ₩100.00 Per ShareWill be paid on the 10th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.7% is below the top quartile of South Korean dividend payers (2.6%), but it is higher than industry peers (0.8%).
分析記事 • Nov 29Is Vissem Electronics (KOSDAQ:072950) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is New 90 Day High Low • Oct 20New 90-day high: ₩6,000The company is up 9.0% from its price of ₩5,490 on 22 July 2020. The South Korean market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 3.0% over the same period.
お知らせ • Oct 06Vissem Electronics Co., Ltd. (KOSDAQ:A072950) agreed to acquire remaining 8.9% stake in DONGYANG TELECOM Co.,Ltd.Vissem Electronics Co., Ltd. (KOSDAQ:A072950) agreed to acquire remaining 8.9% stake in DONGYANG TELECOM Co.,Ltd. on October 5, 2020. Merger ratio is Vissem Electronics Co., Ltd.: DONGYANG TELECOM Co.,Ltd. = 1: 0.1426445. The transaction is expected to be completed on December 8, 2020.
お知らせ • Aug 27Vissem Electronics Co., Ltd. (KOSDAQ:A072950) completed the acquisition of 99.69% stake in Bnf Corporation Ltd. (XKON:A271780) from Jae-joon Ha, Young-Seok Yang and Jang-Hwan Kim.Vissem Electronics Co., Ltd. (KOSDAQ:A072950) signed a contract to acquire 99.69% stake in Bnf Corporation Ltd. (XKON:A271780) from Jae-joon Ha, Young-Seok Yang and Jang-Hwan Kim for KRW 7.1 billion on August 18, 2020. Vissem Electronics Co., Ltd. will acquire 3.22 million shares for KRW 2211.18 per share. Jae-joon Ha and Young-Seok Yang will sell 46.28% stake each and Jang-Hwan Kim will sell 7.12% stake and will hold no stake after the transaction. Payment schedule: Down payment of KRW 712 million on August 18, 2020 and balance of KRW 6.4 billion on August 25, 2020. Scheduled date of change is August 25, 2020. On August 25, 2020, CEO of Bnf Corporation Ltd. changed from Jaejoon Ha to Man-jun Kang. Vissem Electronics Co., Ltd. (KOSDAQ:A072950) completed the acquisition of 99.69% stake in Bnf Corporation Ltd. (XKON:A271780) from Jae-joon Ha, Young-Seok Yang and Jang-Hwan Kim on August 25, 2020.
お知らせ • Aug 19Vissem Electronics Co., Ltd. (KOSDAQ:A072950) signed a contract to acquire 99.69% stake in Bnf Corporation Ltd. (XKON:A271780) from Jae-joon Ha, Young-Seok Yang and Jang-Hwan Kim for KRW 7.1 billion.Vissem Electronics Co., Ltd. (KOSDAQ:A072950) signed a contract to acquire 99.69% stake in Bnf Corporation Ltd. (XKON:A271780) from Jae-joon Ha, Young-Seok Yang and Jang-Hwan Kim for KRW 7.1 billion on August 18, 2020. Vissem Electronics Co., Ltd. will acquire 3.22 million shares for KRW 2211.18 per share. Jae-joon Ha and Young-Seok Yang will sell 46.28% stake each and Jang-Hwan Kim will sell 7.12% stake and will hold no stake after the transaction. Payment schedule: Down payment of KRW 712 million on August 18, 2020 and balance of KRW 6.4 billion on August 25, 2020. Scheduled date of change is August 25, 2020.
