Mirae（A025560）株式概要ミライコーポレーションは、韓国、中国、その他のアジア、ヨーロッパ、アフリカ、北米、南米で半導体装置を製造・販売している。 詳細A025560 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5/6財務の健全性6/6配当金0/6報酬株価収益率（ 14.6 x）は、 Semiconductor業界平均（ 20 x）を下回っています。過去1年間で収益は157.5%増加しました リスク分析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すべてのリスクチェックを見るA025560 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW492,858 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 NarrativeBLINROAG492,858 investors already sharing narrativesYour Fair Value₩Current Price₩45.70k80.0% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-26b67b2016201920222025202620282031Revenue ₩44.6bEarnings ₩10.7bAdvancedSet Fair ValueView all narrativesMirae Corporation 競合他社DEVICELtdSymbol: KOSDAQ:A187870Market cap: ₩186.2bKNJSymbol: KOSDAQ:A272110Market cap: ₩220.8bHB TechnologyLTDSymbol: KOSDAQ:A078150Market cap: ₩192.4bBCnCSymbol: KOSDAQ:A146320Market cap: ₩146.7b価格と性能株価の高値、安値、推移の概要Mirae過去の株価現在の株価₩45,700.0052週高値₩67,000.0052週安値₩9,900.00ベータ2.021ヶ月の変化60.35%3ヶ月変化249.39%1年変化329.51%3年間の変化-29.48%5年間の変化-6.86%IPOからの変化-88.59%最新ニュースValuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 37%After last week's 37% share price gain to ₩60,300, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 22x in the Semiconductor industry in South Korea. Total loss to shareholders of 10.0% over the past three years.お知らせ • Jun 10Mirae Corporation (KOSE:A025560) completed the acquisition of 36.83% stake in Aloys Inc. (KOSDAQ:A297570) from Shin Jeong-gwan, Lee Si-yeong and Kwon Chung-sik for KRW 20.4 billion.Mirae Corporation (KOSE:A025560) agreed to acquire 36.83% stake in Aloys Inc. (KOSDAQ:A297570) from Shin Jeong-gwan, Lee Si-yeong and Kwon Chung-sik for KRW 20.4 billion on June 8, 2026. A cash consideration valued at KRW 1600 per share will be paid by Mirae Corporation. The transaction is funded through company retained earnings. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is June 9, 2026. Samdo Accounting Corporation acted as accountant for Mirae Corporation. Mirae Corporation (KOSE:A025560) completed the acquisition of 36.83% stake in Aloys Inc. (KOSDAQ:A297570) from Shin Jeong-gwan, Lee Si-yeong and Kwon Chung-sik on June 8, 2026.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩29,100, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 24x in the Semiconductor industry in South Korea. Total loss to shareholders of 52% over the past three years.分析記事 • May 21We Think You Should Be Aware Of Some Concerning Factors In Mirae's (KRX:025560) EarningsFollowing the solid earnings report from Mirae Corporation ( KRX:025560 ), the market responded by bidding up the stock...New Risk • May 13New 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: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (₩97.9b market cap, or US$65.7m).Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 32%After last week's 32% share price gain to ₩21,850, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 30x in the Semiconductor industry in South Korea. Total loss to shareholders of 70% over the past three years.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 37%After last week's 37% share price gain to ₩60,300, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 22x in the Semiconductor industry in South Korea. Total loss to shareholders of 10.0% over the past three years.お知らせ • Jun 10Mirae Corporation (KOSE:A025560) completed the acquisition of 36.83% stake in Aloys Inc. (KOSDAQ:A297570) from Shin Jeong-gwan, Lee Si-yeong and Kwon Chung-sik for KRW 20.4 billion.Mirae Corporation (KOSE:A025560) agreed to acquire 36.83% stake in Aloys Inc. (KOSDAQ:A297570) from Shin Jeong-gwan, Lee Si-yeong and Kwon Chung-sik for KRW 20.4 billion on June 8, 2026. A cash consideration valued at KRW 1600 per share will be paid by Mirae Corporation. The transaction is funded through company retained earnings. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is June 9, 2026. Samdo Accounting Corporation acted as accountant for Mirae Corporation. Mirae Corporation (KOSE:A025560) completed the acquisition of 36.83% stake in Aloys Inc. (KOSDAQ:A297570) from Shin Jeong-gwan, Lee Si-yeong and Kwon Chung-sik on June 8, 2026.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩29,100, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 24x in the Semiconductor industry in South Korea. Total loss to shareholders of 52% over the past three years.分析記事 • May 21We Think You Should Be Aware Of Some Concerning Factors In Mirae's (KRX:025560) EarningsFollowing the solid earnings report from Mirae Corporation ( KRX:025560 ), the market responded by bidding up the stock...New Risk • May 13New 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: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (₩97.9b market cap, or US$65.7m).Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 32%After last week's 32% share price gain to ₩21,850, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 30x in the Semiconductor industry in South Korea. Total loss to shareholders of 70% over the past three years.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩16,650, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 31x in the Semiconductor industry in South Korea. Total loss to shareholders of 78% over the past three years.お知らせ • Mar 17Mirae Corporation, Annual General Meeting, Mar 27, 2026Mirae Corporation, Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: auditorium, 65, baeseok gongdan7-ro, seobuk-gu, chungcheongnam-do, cheonan South KoreaValuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩12,070, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 22x in the Semiconductor industry in South Korea. Total loss to shareholders of 75% over the past three years.お知らせ • Jan 07+ 1 more updateMirae Corporation announced that it expects to receive KRW 4.99999038 billion in fundingMirae Corporation announced a private placement to issue 403,095 shares at an issue price of KRW 12,404 per share for gross proceeds of KRW 4,999,990,380 on January 5, 2026. The transaction will include participation from new investor Roa & Co Holdings.. The transaction has been approved by shareholders, expected to close on April 09, 2026, restricted to a hold period.分析記事 • Nov 19Mirae's (KRX:025560) Earnings Are Of Questionable QualityDespite announcing strong earnings, Mirae Corporation's ( KRX:025560 ) stock was sluggish. Our analysis uncovered some...Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ₩1,434 (vs ₩3,846 in 3Q 2024)Third quarter 2025 results: EPS: ₩1,434 (down from ₩3,846 in 3Q 2024). Revenue: ₩22.6b (up 263% from 3Q 2024). Net income: ₩6.41b (down 14% from 3Q 2024). Profit margin: 28% (down from 120% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.分析記事 • Oct 29What Mirae Corporation's (KRX:025560) 29% Share Price Gain Is Not Telling YouMirae Corporation ( KRX:025560 ) shareholders have had their patience rewarded with a 29% share price jump in the last...Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ₩310 (vs ₩2,010 loss in 2Q 2024)Second quarter 2025 results: EPS: ₩310 (up from ₩2,010 loss in 2Q 2024). Revenue: ₩6.81b (up 16% from 2Q 2024). Net income: ₩1.31b (up ₩5.13b from 2Q 2024). Profit margin: 19% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.分析記事 • Jul 22Mirae Corporation's (KRX:025560) Share Price Not Quite Adding UpMirae Corporation's ( KRX:025560 ) price-to-sales (or "P/S") ratio of 2x may not look like an appealing investment...New Risk • Jun 27New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₩2.98b (US$2.19m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (55% accrual ratio). Shareholders have been substantially diluted in the past year (136% increase in shares outstanding). Market cap is less than US$10m (₩2.98b market cap, or US$2.19m).Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩647, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 73% over the past three years.分析記事 • Mar 25There May Be Underlying Issues With The Quality Of Mirae's (KRX:025560) EarningsMirae Corporation's ( KRX:025560 ) robust earnings report didn't manage to move the market for its stock. We did some...Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩217 (vs ₩1,007 loss in FY 2023)Full year 2024 results: EPS: ₩217 (up from ₩1,007 loss in FY 2023). Revenue: ₩27.0b (up 24% from FY 2023). Net income: ₩7.11b (up ₩36.1b from FY 2023). Profit margin: 26% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.お知らせ • Mar 06Mirae Corporation, Annual General Meeting, Mar 26, 2025Mirae Corporation, Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 65, baeseok gongdan7-ro, seobuk-gu, chungcheongnam-do, cheonan South Koreaお知らせ • Jan 22Mirae Corporation has completed a Follow-on Equity Offering in the amount of KRW 999.999704 million.Mirae Corporation has completed a Follow-on Equity Offering in the amount of KRW 999.999704 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,336,898 Price\Range: KRW 748お知らせ • Jan 17Mirae Corporation has filed a Follow-on Equity Offering in the amount of KRW 999.999704 million.Mirae Corporation has filed a Follow-on Equity Offering in the amount of KRW 999.999704 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,336,898 Price\Range: KRW 748New Risk • Jan 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 76% This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩43.0b market cap, or US$29.3m).分析記事 • Dec 06Mirae Corporation (KRX:025560) May Have Run Too Fast Too Soon With Recent 28% Price PlummetTo the annoyance of some shareholders, Mirae Corporation ( KRX:025560 ) shares are down a considerable 28% in the last...お知らせ • Nov 23Mirae Corporation has completed a Follow-on Equity Offering in the amount of KRW 29.146 billion.Mirae Corporation has completed a Follow-on Equity Offering in the amount of KRW 29.146 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 38,000,000 Price\Range: KRW 767 Discount Per Security: KRW 15.34 Transaction Features: Rights Offering分析記事 • Nov 01Mirae (KRX:025560) Is Carrying A Fair Bit Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Nov 01New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -₩19b This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 34% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-₩19b). Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (₩40.6b market cap, or US$29.6m).New Risk • Sep 17New 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 Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (₩40.1b market cap, or US$30.4m).分析記事 • Aug 27Some Confidence Is Lacking In Mirae Corporation (KRX:025560) As Shares Slide 31%The Mirae Corporation ( KRX:025560 ) share price has fared very poorly over the last month, falling by a substantial...お知らせ • Aug 27Mirae Corporation has filed a Follow-on Equity Offering in the amount of KRW 40.774 billion.Mirae Corporation has filed a Follow-on Equity Offering in the amount of KRW 40.774 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 38,000,000 Price\Range: KRW 1073 Transaction Features: Rights OfferingNew Risk • Aug 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 10% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (₩63.7b market cap, or US$46.8m).New Risk • Mar 28New 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 10% 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 (10% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (₩79.8b market cap, or US$59.1m).Reported Earnings • Mar 15Full year 2023 earnings released: ₩1,060 loss per share (vs ₩177 profit in FY 2022)Full year 2023 results: ₩1,060 loss per share (down from ₩177 profit in FY 2022). Revenue: ₩21.7b (down 61% from FY 2022). Net loss: ₩30.5b (down ₩35.2b from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Mar 07Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to ₩2,085. The fair value is estimated to be ₩2,609, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years, while earnings per share has been flat.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩31,300, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 102% over the past three years.Valuation Update With 7 Day Price Move • Jul 13Investor sentiment improves as stock rises 29%After last week's 29% share price gain to ₩30,750, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 79% over the past three years.お知らせ • Jun 28Mirae Corporation announced that it expects to receive KRW 5 billion in funding from EV Advanced Material Co.,LtdMirae Corporation announced a private placement of series 9 non-guaranteed private placement convertible bond for gross proceeds of KRW 5,000,000,000 on June 26, 2023. The transaction will include participation from new investor, EV Advanced Material Co.,Ltd. The bonds carry an interest rate of 3% and yield to maturity rate of 5% maturing on September 22, 2026. The bonds are fully convertible into 193,281 common shares at an issue conversion price of KRW 25,869 between the period starting from September 22, 2024 and ending on August 22. 2026. The transaction has been approved by board of directors of the company. The expected date of payment is September 22, 2023. The securities have a hold period of one year from the date of issuance.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₩26,350, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 33% over the past three years.お知らせ • May 25+ 1 more updateMirae Corporation announced that it expects to receive KRW 15 billion in funding from NEXTURNBIOSCIENCE Co., Ltd.Mirae Corporation announced a private placement of series 8 unregistered coupon unguaranteed private convertible bond for gross proceeds of KRW 15,000,000,000 on May 24, 2023. The transaction will include participation from new investor NEXTURNBIOSCIENCE Co., Ltd. The bonds carry 3% maturity rate, 1.5% surface rate and will mature on August 7, 2026. The bonds are 100% convertible into 557,620 shares at a conversion price of KRW 26,900. The bonds are convertible from August 7, 2024 and ends on July 7, 2026. The transaction was approved by the board of directors of the company. The subscription date is May 24, 2023 and payment date is August 7, 2023.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩29,650, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 45% over the past three years.Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₩26,300, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 13x in the Semiconductor industry in South Korea. Total loss to shareholders of 3.5% over the past three years.Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩23,050, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 11x in the Semiconductor industry in South Korea. Total loss to shareholders of 11% over the past three years.Reported Earnings • Mar 23Full year 2022 earnings released: EPS: ₩1,811 (vs ₩1,843 in FY 2021)Full year 2022 results: EPS: ₩1,811. Revenue: ₩56.2b (up 16% from FY 2021). Net income: ₩8.02b (up 7.1% from FY 2021). Profit margin: 14% (down from 16% in FY 2021).Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 37%After last week's 37% share price gain to ₩19,400, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 30% over the past three years.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩14,980, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 45% over the past three years.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩12,500, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total loss to shareholders of 62% over the past three years.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩13,500, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 64% over the past three years.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. 8 experienced directors. 2 highly experienced directors. 2 independent directors (6 non-independent directors). Director of Display Division and Director of GLD Co Ltd Do Young Cho was the last director to join the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩7,850, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total loss to shareholders of 82% over the past three years.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₩11,200, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 82% over the past three years.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. 8 experienced directors. 2 highly experienced directors. 2 independent directors (6 non-independent directors). Director of Display Division and Director of GLD Co Ltd Do Young Cho was the last director to join the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 33% share price gain to ₩18,750, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 16x in the Semiconductor industry in South Korea. Total loss to shareholders of 54% over the past three years.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩15,800, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 19x in the Semiconductor industry in South Korea. Total loss to shareholders of 64% over the past three years.分析記事 • Mar 26We Think Mirae (KRX:025560) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Mar 16Mirae Corporation, Annual General Meeting, Mar 30, 2021Mirae Corporation, Annual General Meeting, Mar 30, 2021, at 09:00 Korea Standard Time.お知らせ • Feb 05Mirae Corporation announced that it has received KRW 1.1000008 billion in fundingMirae Corporation (KOSE:A025560) announced private placement of 6th bearer no interest department non-guaranteed unsecured private convertible bonds for gross proceeds of KRW 1,100,000,800 on February 4, 2021. Kyung-tae Kim invested KRW 649,180,800, Woounghyun Yoo invested KRW 270,492,000, and Tae-oh None Park invested KRW 180,328,000. The transaction has been approved by the board of directors of the company.分析記事 • Jan 26Would Shareholders Who Purchased Mirae's (KRX:025560) Stock Five Years Be Happy With The Share price Today?While not a mind-blowing move, it is good to see that the Mirae Corporation ( KRX:025560 ) share price has gained 12...Is New 90 Day High Low • Dec 21New 90-day high: ₩3,500The company is up 11% from its price of ₩3,165 on 22 September 2020. The South Korean market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 28% over the same period.Reported Earnings • Nov 19Third quarter 2020 earnings released: ₩427 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ₩11.3b (down 37% from 3Q 2019). Net loss: ₩7.20b (loss widened 337% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.お知らせ • Sep 21Mirae Corporation(KOSE:A025560) dropped from S&P Global BMI IndexMirae Corporation(KOSE:A025560) dropped from S&P Global BMI Indexお知らせ • Sep 17POBIS TNC CO., Ltd (KOSDAQ:A016670) cancelled the acquisition of 2.8% stake in Mirae Corporation (KOSE:A025560).POBIS TNC CO., Ltd (KOSDAQ:A016670) signed a contract to acquire 2.8% stake in Mirae Corporation (KOSE:A025560) for KRW 11 billion on June 18, 2019. POBIS TNC will pay consideration on August 8, 2019, in cash. The total amount will be paid from retained funds. The transaction was resolved by the Bord of Mirae Corporation. POBIS TNC CO., Ltd (KOSDAQ:A016670) cancelled the acquisition of 2.8% stake in Mirae Corporation (KOSE:A025560) on June 18, 2020.お知らせ • Jul 09Mirae Corporation announced that it has received KRW 10 billion in fundingOn July 8, 2020, Mirae Corporation (KOSE:A025560) closed the transaction.お知らせ • Jul 07Mirae Corporation announced that it expects to receive KRW 10 billion in fundingMirae Corporation (KOSE:A025560) announced a private placement of 5th series unregistered coupon non-guaranteed private convertible bonds for gross proceeds of KRW 10,000,000,000 on July 3, 2020. The transaction will include participation from The N Fund for KRW 7,000,000,000 and Pureum Fund 2 for KRW 3,000,000,000. The bond is issued at 2% coupon rate and 2% yield to maturity rate. The bonds will mature on July 08, 2023. The bonds can be 100% converted into 2,590,673 common shares of the company at a fixed conversion price of KRW 3,860 per share representing 15.4% of the existing issued share capital of the company. The conversion period is from July 8, 2021 to June 8, 2023. The transaction has been approved by the board of directors of the company. The transaction is expected to close on July 8, 2020. The bonds will have a lock up period of one year.株主還元A025560KR SemiconductorKR 市場7D7.3%-23.7%-13.8%1Y329.5%532.1%130.8%株主還元を見る業界別リターン: A025560過去 1 年間で532.1 % 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: A025560過去 1 年間で130.8 % の収益を上げたKR市場を上回りました。価格変動Is A025560's price volatile compared to industry and market?A025560 volatilityA025560 Average Weekly Movement22.3%Semiconductor Industry Average Movement13.7%Market Average Movement9.3%10% most volatile stocks in KR Market16.5%10% least volatile stocks in KR Market4.9%安定した株価: A025560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: A025560の 週次ボラティリティ は、過去 1 年間で14%から22%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1983113Chang Jae Leewww.mirae.co.kr韓国、中国、その他アジア、欧州、アフリカ、北米、南米で半導体製造装置を製造・販売。ハイブリッド配置・挿入システム、ラジアル、アキシャル、スティック、ボウル、トレイフィーダー、標準マシンソフトウェア、フィーダーバーコードシステム、LEDランクコントロールシステム、オフラインエディターソフトウェア、オフラインフィーダーセットアップソフトウェア、ラインマネージャーシステムで構成されるSMTソフトウェアを提供している。また、メモリおよびモジュールテストハンドラー、アプリケーションおよびロジックテストハンドラー、バーンインソーター、リニアモーターテクノロジー製品、マスク製造装置も提供している。代理店網を通じて製品を販売している。未来工業は1983年に設立され、本社は韓国の天安市にある。もっと見るMirae Corporation 基礎のまとめMirae の収益と売上を時価総額と比較するとどうか。A025560 基礎統計学時価総額₩232.59b収益（TTM）₩15.93b売上高(TTM)₩66.77b14.6xPER（株価収益率3.5xP/SレシオA025560 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A025560 損益計算書（TTM）収益₩66.77b売上原価₩41.08b売上総利益₩25.68bその他の費用₩9.75b収益₩15.93b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）3.13kグロス・マージン38.47%純利益率23.86%有利子負債／自己資本比率8.5%A025560 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/03 02:04終値2026/07/03 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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Mirae Corporation 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。1 アナリスト機関null nullKB Securities Co., Ltd.
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 37%After last week's 37% share price gain to ₩60,300, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 22x in the Semiconductor industry in South Korea. Total loss to shareholders of 10.0% over the past three years.
お知らせ • Jun 10Mirae Corporation (KOSE:A025560) completed the acquisition of 36.83% stake in Aloys Inc. (KOSDAQ:A297570) from Shin Jeong-gwan, Lee Si-yeong and Kwon Chung-sik for KRW 20.4 billion.Mirae Corporation (KOSE:A025560) agreed to acquire 36.83% stake in Aloys Inc. (KOSDAQ:A297570) from Shin Jeong-gwan, Lee Si-yeong and Kwon Chung-sik for KRW 20.4 billion on June 8, 2026. A cash consideration valued at KRW 1600 per share will be paid by Mirae Corporation. The transaction is funded through company retained earnings. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is June 9, 2026. Samdo Accounting Corporation acted as accountant for Mirae Corporation. Mirae Corporation (KOSE:A025560) completed the acquisition of 36.83% stake in Aloys Inc. (KOSDAQ:A297570) from Shin Jeong-gwan, Lee Si-yeong and Kwon Chung-sik on June 8, 2026.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩29,100, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 24x in the Semiconductor industry in South Korea. Total loss to shareholders of 52% over the past three years.
分析記事 • May 21We Think You Should Be Aware Of Some Concerning Factors In Mirae's (KRX:025560) EarningsFollowing the solid earnings report from Mirae Corporation ( KRX:025560 ), the market responded by bidding up the stock...
New Risk • May 13New 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: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (₩97.9b market cap, or US$65.7m).
Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 32%After last week's 32% share price gain to ₩21,850, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 30x in the Semiconductor industry in South Korea. Total loss to shareholders of 70% over the past three years.
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 37%After last week's 37% share price gain to ₩60,300, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 22x in the Semiconductor industry in South Korea. Total loss to shareholders of 10.0% over the past three years.
お知らせ • Jun 10Mirae Corporation (KOSE:A025560) completed the acquisition of 36.83% stake in Aloys Inc. (KOSDAQ:A297570) from Shin Jeong-gwan, Lee Si-yeong and Kwon Chung-sik for KRW 20.4 billion.Mirae Corporation (KOSE:A025560) agreed to acquire 36.83% stake in Aloys Inc. (KOSDAQ:A297570) from Shin Jeong-gwan, Lee Si-yeong and Kwon Chung-sik for KRW 20.4 billion on June 8, 2026. A cash consideration valued at KRW 1600 per share will be paid by Mirae Corporation. The transaction is funded through company retained earnings. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is June 9, 2026. Samdo Accounting Corporation acted as accountant for Mirae Corporation. Mirae Corporation (KOSE:A025560) completed the acquisition of 36.83% stake in Aloys Inc. (KOSDAQ:A297570) from Shin Jeong-gwan, Lee Si-yeong and Kwon Chung-sik on June 8, 2026.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩29,100, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 24x in the Semiconductor industry in South Korea. Total loss to shareholders of 52% over the past three years.
分析記事 • May 21We Think You Should Be Aware Of Some Concerning Factors In Mirae's (KRX:025560) EarningsFollowing the solid earnings report from Mirae Corporation ( KRX:025560 ), the market responded by bidding up the stock...
New Risk • May 13New 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: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (₩97.9b market cap, or US$65.7m).
Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 32%After last week's 32% share price gain to ₩21,850, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 30x in the Semiconductor industry in South Korea. Total loss to shareholders of 70% over the past three years.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩16,650, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 31x in the Semiconductor industry in South Korea. Total loss to shareholders of 78% over the past three years.
お知らせ • Mar 17Mirae Corporation, Annual General Meeting, Mar 27, 2026Mirae Corporation, Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: auditorium, 65, baeseok gongdan7-ro, seobuk-gu, chungcheongnam-do, cheonan South Korea
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩12,070, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 22x in the Semiconductor industry in South Korea. Total loss to shareholders of 75% over the past three years.
お知らせ • Jan 07+ 1 more updateMirae Corporation announced that it expects to receive KRW 4.99999038 billion in fundingMirae Corporation announced a private placement to issue 403,095 shares at an issue price of KRW 12,404 per share for gross proceeds of KRW 4,999,990,380 on January 5, 2026. The transaction will include participation from new investor Roa & Co Holdings.. The transaction has been approved by shareholders, expected to close on April 09, 2026, restricted to a hold period.
分析記事 • Nov 19Mirae's (KRX:025560) Earnings Are Of Questionable QualityDespite announcing strong earnings, Mirae Corporation's ( KRX:025560 ) stock was sluggish. Our analysis uncovered some...
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ₩1,434 (vs ₩3,846 in 3Q 2024)Third quarter 2025 results: EPS: ₩1,434 (down from ₩3,846 in 3Q 2024). Revenue: ₩22.6b (up 263% from 3Q 2024). Net income: ₩6.41b (down 14% from 3Q 2024). Profit margin: 28% (down from 120% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
分析記事 • Oct 29What Mirae Corporation's (KRX:025560) 29% Share Price Gain Is Not Telling YouMirae Corporation ( KRX:025560 ) shareholders have had their patience rewarded with a 29% share price jump in the last...
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ₩310 (vs ₩2,010 loss in 2Q 2024)Second quarter 2025 results: EPS: ₩310 (up from ₩2,010 loss in 2Q 2024). Revenue: ₩6.81b (up 16% from 2Q 2024). Net income: ₩1.31b (up ₩5.13b from 2Q 2024). Profit margin: 19% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.
分析記事 • Jul 22Mirae Corporation's (KRX:025560) Share Price Not Quite Adding UpMirae Corporation's ( KRX:025560 ) price-to-sales (or "P/S") ratio of 2x may not look like an appealing investment...
New Risk • Jun 27New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₩2.98b (US$2.19m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (55% accrual ratio). Shareholders have been substantially diluted in the past year (136% increase in shares outstanding). Market cap is less than US$10m (₩2.98b market cap, or US$2.19m).
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩647, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 73% over the past three years.
分析記事 • Mar 25There May Be Underlying Issues With The Quality Of Mirae's (KRX:025560) EarningsMirae Corporation's ( KRX:025560 ) robust earnings report didn't manage to move the market for its stock. We did some...
Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩217 (vs ₩1,007 loss in FY 2023)Full year 2024 results: EPS: ₩217 (up from ₩1,007 loss in FY 2023). Revenue: ₩27.0b (up 24% from FY 2023). Net income: ₩7.11b (up ₩36.1b from FY 2023). Profit margin: 26% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 06Mirae Corporation, Annual General Meeting, Mar 26, 2025Mirae Corporation, Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 65, baeseok gongdan7-ro, seobuk-gu, chungcheongnam-do, cheonan South Korea
お知らせ • Jan 22Mirae Corporation has completed a Follow-on Equity Offering in the amount of KRW 999.999704 million.Mirae Corporation has completed a Follow-on Equity Offering in the amount of KRW 999.999704 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,336,898 Price\Range: KRW 748
お知らせ • Jan 17Mirae Corporation has filed a Follow-on Equity Offering in the amount of KRW 999.999704 million.Mirae Corporation has filed a Follow-on Equity Offering in the amount of KRW 999.999704 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 1,336,898 Price\Range: KRW 748
New Risk • Jan 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 76% This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩43.0b market cap, or US$29.3m).
分析記事 • Dec 06Mirae Corporation (KRX:025560) May Have Run Too Fast Too Soon With Recent 28% Price PlummetTo the annoyance of some shareholders, Mirae Corporation ( KRX:025560 ) shares are down a considerable 28% in the last...
お知らせ • Nov 23Mirae Corporation has completed a Follow-on Equity Offering in the amount of KRW 29.146 billion.Mirae Corporation has completed a Follow-on Equity Offering in the amount of KRW 29.146 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 38,000,000 Price\Range: KRW 767 Discount Per Security: KRW 15.34 Transaction Features: Rights Offering
分析記事 • Nov 01Mirae (KRX:025560) Is Carrying A Fair Bit Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Nov 01New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -₩19b This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 34% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-₩19b). Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (₩40.6b market cap, or US$29.6m).
New Risk • Sep 17New 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 Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (₩40.1b market cap, or US$30.4m).
分析記事 • Aug 27Some Confidence Is Lacking In Mirae Corporation (KRX:025560) As Shares Slide 31%The Mirae Corporation ( KRX:025560 ) share price has fared very poorly over the last month, falling by a substantial...
お知らせ • Aug 27Mirae Corporation has filed a Follow-on Equity Offering in the amount of KRW 40.774 billion.Mirae Corporation has filed a Follow-on Equity Offering in the amount of KRW 40.774 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 38,000,000 Price\Range: KRW 1073 Transaction Features: Rights Offering
New Risk • Aug 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 10% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (₩63.7b market cap, or US$46.8m).
New Risk • Mar 28New 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 10% 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 (10% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (₩79.8b market cap, or US$59.1m).
Reported Earnings • Mar 15Full year 2023 earnings released: ₩1,060 loss per share (vs ₩177 profit in FY 2022)Full year 2023 results: ₩1,060 loss per share (down from ₩177 profit in FY 2022). Revenue: ₩21.7b (down 61% from FY 2022). Net loss: ₩30.5b (down ₩35.2b from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Mar 07Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to ₩2,085. The fair value is estimated to be ₩2,609, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years, while earnings per share has been flat.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩31,300, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 102% over the past three years.
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment improves as stock rises 29%After last week's 29% share price gain to ₩30,750, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 79% over the past three years.
お知らせ • Jun 28Mirae Corporation announced that it expects to receive KRW 5 billion in funding from EV Advanced Material Co.,LtdMirae Corporation announced a private placement of series 9 non-guaranteed private placement convertible bond for gross proceeds of KRW 5,000,000,000 on June 26, 2023. The transaction will include participation from new investor, EV Advanced Material Co.,Ltd. The bonds carry an interest rate of 3% and yield to maturity rate of 5% maturing on September 22, 2026. The bonds are fully convertible into 193,281 common shares at an issue conversion price of KRW 25,869 between the period starting from September 22, 2024 and ending on August 22. 2026. The transaction has been approved by board of directors of the company. The expected date of payment is September 22, 2023. The securities have a hold period of one year from the date of issuance.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₩26,350, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 33% over the past three years.
お知らせ • May 25+ 1 more updateMirae Corporation announced that it expects to receive KRW 15 billion in funding from NEXTURNBIOSCIENCE Co., Ltd.Mirae Corporation announced a private placement of series 8 unregistered coupon unguaranteed private convertible bond for gross proceeds of KRW 15,000,000,000 on May 24, 2023. The transaction will include participation from new investor NEXTURNBIOSCIENCE Co., Ltd. The bonds carry 3% maturity rate, 1.5% surface rate and will mature on August 7, 2026. The bonds are 100% convertible into 557,620 shares at a conversion price of KRW 26,900. The bonds are convertible from August 7, 2024 and ends on July 7, 2026. The transaction was approved by the board of directors of the company. The subscription date is May 24, 2023 and payment date is August 7, 2023.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩29,650, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 45% over the past three years.
Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₩26,300, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 13x in the Semiconductor industry in South Korea. Total loss to shareholders of 3.5% over the past three years.
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩23,050, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 11x in the Semiconductor industry in South Korea. Total loss to shareholders of 11% over the past three years.
Reported Earnings • Mar 23Full year 2022 earnings released: EPS: ₩1,811 (vs ₩1,843 in FY 2021)Full year 2022 results: EPS: ₩1,811. Revenue: ₩56.2b (up 16% from FY 2021). Net income: ₩8.02b (up 7.1% from FY 2021). Profit margin: 14% (down from 16% in FY 2021).
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 37%After last week's 37% share price gain to ₩19,400, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 30% over the past three years.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩14,980, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 45% over the past three years.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩12,500, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total loss to shareholders of 62% over the past three years.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩13,500, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 64% over the past three years.
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. 8 experienced directors. 2 highly experienced directors. 2 independent directors (6 non-independent directors). Director of Display Division and Director of GLD Co Ltd Do Young Cho was the last director to join the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩7,850, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total loss to shareholders of 82% over the past three years.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₩11,200, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 82% over the past three years.
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. 8 experienced directors. 2 highly experienced directors. 2 independent directors (6 non-independent directors). Director of Display Division and Director of GLD Co Ltd Do Young Cho was the last director to join the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 33% share price gain to ₩18,750, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 16x in the Semiconductor industry in South Korea. Total loss to shareholders of 54% over the past three years.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩15,800, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 19x in the Semiconductor industry in South Korea. Total loss to shareholders of 64% over the past three years.
分析記事 • Mar 26We Think Mirae (KRX:025560) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Mar 16Mirae Corporation, Annual General Meeting, Mar 30, 2021Mirae Corporation, Annual General Meeting, Mar 30, 2021, at 09:00 Korea Standard Time.
お知らせ • Feb 05Mirae Corporation announced that it has received KRW 1.1000008 billion in fundingMirae Corporation (KOSE:A025560) announced private placement of 6th bearer no interest department non-guaranteed unsecured private convertible bonds for gross proceeds of KRW 1,100,000,800 on February 4, 2021. Kyung-tae Kim invested KRW 649,180,800, Woounghyun Yoo invested KRW 270,492,000, and Tae-oh None Park invested KRW 180,328,000. The transaction has been approved by the board of directors of the company.
分析記事 • Jan 26Would Shareholders Who Purchased Mirae's (KRX:025560) Stock Five Years Be Happy With The Share price Today?While not a mind-blowing move, it is good to see that the Mirae Corporation ( KRX:025560 ) share price has gained 12...
Is New 90 Day High Low • Dec 21New 90-day high: ₩3,500The company is up 11% from its price of ₩3,165 on 22 September 2020. The South Korean market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 28% over the same period.
Reported Earnings • Nov 19Third quarter 2020 earnings released: ₩427 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ₩11.3b (down 37% from 3Q 2019). Net loss: ₩7.20b (loss widened 337% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
お知らせ • Sep 21Mirae Corporation(KOSE:A025560) dropped from S&P Global BMI IndexMirae Corporation(KOSE:A025560) dropped from S&P Global BMI Index
お知らせ • Sep 17POBIS TNC CO., Ltd (KOSDAQ:A016670) cancelled the acquisition of 2.8% stake in Mirae Corporation (KOSE:A025560).POBIS TNC CO., Ltd (KOSDAQ:A016670) signed a contract to acquire 2.8% stake in Mirae Corporation (KOSE:A025560) for KRW 11 billion on June 18, 2019. POBIS TNC will pay consideration on August 8, 2019, in cash. The total amount will be paid from retained funds. The transaction was resolved by the Bord of Mirae Corporation. POBIS TNC CO., Ltd (KOSDAQ:A016670) cancelled the acquisition of 2.8% stake in Mirae Corporation (KOSE:A025560) on June 18, 2020.
お知らせ • Jul 09Mirae Corporation announced that it has received KRW 10 billion in fundingOn July 8, 2020, Mirae Corporation (KOSE:A025560) closed the transaction.
お知らせ • Jul 07Mirae Corporation announced that it expects to receive KRW 10 billion in fundingMirae Corporation (KOSE:A025560) announced a private placement of 5th series unregistered coupon non-guaranteed private convertible bonds for gross proceeds of KRW 10,000,000,000 on July 3, 2020. The transaction will include participation from The N Fund for KRW 7,000,000,000 and Pureum Fund 2 for KRW 3,000,000,000. The bond is issued at 2% coupon rate and 2% yield to maturity rate. The bonds will mature on July 08, 2023. The bonds can be 100% converted into 2,590,673 common shares of the company at a fixed conversion price of KRW 3,860 per share representing 15.4% of the existing issued share capital of the company. The conversion period is from July 8, 2021 to June 8, 2023. The transaction has been approved by the board of directors of the company. The transaction is expected to close on July 8, 2020. The bonds will have a lock up period of one year.
