View Future GrowthItcenctsLtd 過去の業績過去 基準チェック /56ItcenctsLtdは、平均年間43.6%の収益成長を遂げていますが、 IT業界の収益は、年間 成長しています。収益は、平均年間8.9% 26.4%収益成長率で 成長しています。 ItcenctsLtdの自己資本利益率は27.3%であり、純利益率は4.8%です。主要情報43.57%収益成長率42.64%EPS成長率IT 業界の成長14.11%収益成長率26.45%株主資本利益率27.26%ネット・マージン4.82%前回の決算情報31 Dec 2025最近の業績更新分析記事 • Nov 25ItcenctsLtd (KRX:031820) Is Posting Solid Earnings, But It Is Not All Good NewsFollowing the release of a positive earnings report recently, Itcencts Co.,Ltd.'s ( KRX:031820 ) stock performed well...Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩103 (vs ₩37.00 in 3Q 2024)Third quarter 2025 results: EPS: ₩103 (up from ₩37.00 in 3Q 2024). Revenue: ₩258.8b (up 13% from 3Q 2024). Net income: ₩12.5b (up 178% from 3Q 2024). Profit margin: 4.8% (up from 2.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.分析記事 • May 26ItcenctsLtd's (KRX:031820) Shareholders Should Assess Earnings With CautionInvestors were disappointed with Itcencts Co.,Ltd.'s ( KRX:031820 ) recent earnings release. We did some analysis and...分析記事 • Nov 25Some May Be Optimistic About Comtec SystemsLtd's (KRX:031820) EarningsSoft earnings didn't appear to concern Comtec Systems Co.,Ltd.'s ( KRX:031820 ) shareholders over the last week. We...分析記事 • Apr 03Comtec SystemsLtd's (KRX:031820) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that Comtec Systems Co.,Ltd.'s ( KRX:031820 ) recent earnings didn't contain any...Reported Earnings • Apr 01Full year 2022 earnings released: EPS: ₩201 (vs ₩28.00 in FY 2021)Full year 2022 results: EPS: ₩201 (up from ₩28.00 in FY 2021). Revenue: ₩709.8b (up 86% from FY 2021). Net income: ₩24.3b (up ₩21.9b from FY 2021). Profit margin: 3.4% (up from 0.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updatesBoard Change • May 06Less 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. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Mar 04Itcencts Co.,Ltd., Annual General Meeting, Mar 31, 2026Itcencts Co.,Ltd., Annual General Meeting, Mar 31, 2026, at 09:30 Tokyo Standard Time. Location: conference room, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South KoreaValuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₩737, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 18x in the IT industry in South Korea. Total loss to shareholders of 8.7% over the past three years.分析記事 • Feb 12Investors Continue Waiting On Sidelines For Itcencts Co.,Ltd. (KRX:031820)When close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 15x, you may consider...分析記事 • Nov 25ItcenctsLtd (KRX:031820) Is Posting Solid Earnings, But It Is Not All Good NewsFollowing the release of a positive earnings report recently, Itcencts Co.,Ltd.'s ( KRX:031820 ) stock performed well...Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩103 (vs ₩37.00 in 3Q 2024)Third quarter 2025 results: EPS: ₩103 (up from ₩37.00 in 3Q 2024). Revenue: ₩258.8b (up 13% from 3Q 2024). Net income: ₩12.5b (up 178% from 3Q 2024). Profit margin: 4.8% (up from 2.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.New Risk • Aug 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 1.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (₩74.0b market cap, or US$52.9m).分析記事 • May 26ItcenctsLtd's (KRX:031820) Shareholders Should Assess Earnings With CautionInvestors were disappointed with Itcencts Co.,Ltd.'s ( KRX:031820 ) recent earnings release. We did some analysis and...New Risk • Mar 27New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% 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 Risk High level of non-cash earnings (35% accrual ratio). Minor Risk Market cap is less than US$100m (₩69.5b market cap, or US$47.3m).お知らせ • Feb 28Comtec Systems Co.,Ltd., Annual General Meeting, Mar 27, 2025Comtec Systems Co.,Ltd., Annual General Meeting, Mar 27, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South Korea分析記事 • Feb 10Investors Aren't Buying Comtec Systems Co.,Ltd.'s (KRX:031820) EarningsWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 12x, you may consider Comtec...分析記事 • Nov 25Some May Be Optimistic About Comtec SystemsLtd's (KRX:031820) EarningsSoft earnings didn't appear to concern Comtec Systems Co.,Ltd.'s ( KRX:031820 ) shareholders over the last week. We...お知らせ • Nov 06Secucen Co., Ltd. (KOSDAQ:A232830) agreed to acquire 97.2% stake in C Platform Co. Ltd from Ssangyong Information & Communications Corp. (KOSDAQ:A010280) and Comtec Systems Co.,Ltd. for KRW 10.6 billion.Secucen Co., Ltd. (KOSDAQ:A232830) agreed to acquire 97.2% stake in C Platform Co. Ltd from Ssangyong Information & Communications Corp. (KOSDAQ:A010280) and Comtec Systems Co.,Ltd. for KRW 10.6 billion on November 5, 2024. The expected completion of the transaction is November 5, 2024.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 Risk Market cap is less than US$100m (₩68.4b market cap, or US$52.0m).分析記事 • Aug 06We Like These Underlying Return On Capital Trends At Comtec SystemsLtd (KRX:031820)If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...分析記事 • Apr 03Comtec SystemsLtd's (KRX:031820) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that Comtec Systems Co.,Ltd.'s ( KRX:031820 ) recent earnings didn't contain any...New Risk • Mar 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 3.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (58% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (₩85.2b market cap, or US$63.3m).New Risk • Jul 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 8.0% 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 (53% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₩108.3b market cap, or US$85.4m).Valuation Update With 7 Day Price Move • May 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩995, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 21x in the IT industry in South Korea. Total loss to shareholders of 17% over the past three years.Reported Earnings • Apr 01Full year 2022 earnings released: EPS: ₩201 (vs ₩28.00 in FY 2021)Full year 2022 results: EPS: ₩201 (up from ₩28.00 in FY 2021). Revenue: ₩709.8b (up 86% from FY 2021). Net income: ₩24.3b (up ₩21.9b from FY 2021). Profit margin: 3.4% (up from 0.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩883, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 24x in the IT industry in South Korea. Total loss to shareholders of 33% over the past three years.お知らせ • Dec 06Comtec Systems Co.,Ltd. (KOSE:A031820) agreed to acquire 855,481 shares of Sufi Itcen Holdings Co., Ltd. for approximately KRW 19.365 billion.Comtec Systems Co.,Ltd. (KOSE:A031820) agreed to acquire 855,481 shares of Sufi Itcen Holdings Co., Ltd. for approximately KRW 19.365 billion on December 5, 2022. Post completion, Comtec Systems Co.,Ltd. will own 1,710,962 shares amounting to 100% stake in Sufi Itcen Holdings Co., Ltd. During the year ended 2021, Sufi Itcen Holdings Co., Ltd. reported total assets of KRW 125.87 billion and net income of KRW 15.054 billion. As of December 5, 2022, the board of directors of Comtec Systems Co.,Ltd. approved the transaction. The transaction is expected to complete on December 5, 2022.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. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.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. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: ₩28.00 (vs ₩10.00 loss in FY 2020)Full year 2021 results: EPS: ₩28.00 (up from ₩10.00 loss in FY 2020). Revenue: ₩382.5b (up 60% from FY 2020). Net income: ₩2.38b (up ₩3.05b from FY 2020). Profit margin: 0.6% (up from net loss in FY 2020).Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩1,475, the stock trades at a trailing P/E ratio of 60.4x. Average trailing P/E is 25x in the IT industry in South Korea. Total returns to shareholders of 42% over the past three years.分析記事 • May 02These 4 Measures Indicate That Comtec SystemsLtd (KRX:031820) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Mar 13Comtec Systems Co.,Ltd., Annual General Meeting, Mar 29, 2021Comtec Systems Co.,Ltd., Annual General Meeting, Mar 29, 2021, at 09:00 Korea Standard Time.Is New 90 Day High Low • Jan 29New 90-day low: ₩1,445The company is down 2.0% from its price of ₩1,480 on 30 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 23% over the same period.Is New 90 Day High Low • Jan 11New 90-day low: ₩1,470The company is down 17% from its price of ₩1,765 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 21% over the same period.Is New 90 Day High Low • Dec 07New 90-day high: ₩1,835The company is up 32% from its price of ₩1,385 on 08 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 12% over the same period.Is New 90 Day High Low • Sep 28New 90-day high: ₩1,635The company is up 29% from its price of ₩1,270 on 30 June 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% over the same period.収支内訳ItcenctsLtd の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史KOSE:A031820 収益、費用、利益 ( )KRW Millions日付収益収益G+A経費研究開発費31 Dec 251,095,21452,83194,5501,71930 Sep 251,112,05817,25295,86082330 Jun 251,081,6269,25092,72182331 Mar 251,024,11312,28589,00582331 Dec 24995,32118,66886,21482330 Sep 24865,72816,02778,1496,85030 Jun 24875,47116,72879,1496,85031 Mar 24867,5439,58980,9666,85031 Dec 23892,5733,95383,7796,85030 Sep 23919,21928,08787,4795,29330 Jun 23863,40625,68685,4615,29331 Mar 23796,21224,82580,9055,29331 Dec 22709,84724,32973,9925,29330 Sep 22636,7953,50969,6965,14530 Jun 22508,36945758,7205,14531 Mar 22438,671-4645,3975,14531 Dec 21382,5002,38435,7775,14530 Sep 21260,000-80027,2404,71930 Jun 21268,301-75025,1304,71931 Mar 21256,1661,14425,5694,71931 Dec 20238,631-66623,2544,71930 Sep 20235,332-3,47530,7341,14730 Jun 20244,588-92227,6702,28931 Dec 19238,8211,04920,0264,45330 Sep 18130,014-1,1188,1122,57830 Jun 18129,0779248,7302,64631 Mar 18143,4071,1538,3442,70131 Dec 17143,6238648,3432,74230 Sep 17171,5697,55011,2502,75430 Jun 17171,3267,83811,3972,79331 Mar 17161,1622,93312,8622,81731 Dec 16166,8604,06111,3052,87830 Sep 16155,6891,51311,0693,11530 Jun 16151,9212259,7123,16231 Mar 16152,3493,9506,8163,72531 Dec 15146,2911,7478,0113,66330 Sep 15158,528-46610,4314,27530 Jun 15172,465-5,89213,3174,891質の高い収益: A031820には₩80.4B } という大きな 一回限りの 利益があり、過去 12 か月の財務実績が31st December, 2025に影響を及ぼしています。利益率の向上: A031820の現在の純利益率 (4.8%)は、昨年(1.9%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: A031820過去 5 年間で収益を上げており、収益は年間43.6%増加しています。成長の加速: A031820の過去 1 年間の収益成長率 ( 183% ) は、5 年間の平均 ( 年間43.6%を上回っています。収益対業界: A031820の過去 1 年間の収益成長率 ( 183% ) はIT業界6.8%を上回りました。株主資本利益率高いROE: A031820の 自己資本利益率 ( 27.3% ) は 高い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 02:05終値2026/05/20 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Itcencts 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
分析記事 • Nov 25ItcenctsLtd (KRX:031820) Is Posting Solid Earnings, But It Is Not All Good NewsFollowing the release of a positive earnings report recently, Itcencts Co.,Ltd.'s ( KRX:031820 ) stock performed well...
Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩103 (vs ₩37.00 in 3Q 2024)Third quarter 2025 results: EPS: ₩103 (up from ₩37.00 in 3Q 2024). Revenue: ₩258.8b (up 13% from 3Q 2024). Net income: ₩12.5b (up 178% from 3Q 2024). Profit margin: 4.8% (up from 2.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
分析記事 • May 26ItcenctsLtd's (KRX:031820) Shareholders Should Assess Earnings With CautionInvestors were disappointed with Itcencts Co.,Ltd.'s ( KRX:031820 ) recent earnings release. We did some analysis and...
分析記事 • Nov 25Some May Be Optimistic About Comtec SystemsLtd's (KRX:031820) EarningsSoft earnings didn't appear to concern Comtec Systems Co.,Ltd.'s ( KRX:031820 ) shareholders over the last week. We...
分析記事 • Apr 03Comtec SystemsLtd's (KRX:031820) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that Comtec Systems Co.,Ltd.'s ( KRX:031820 ) recent earnings didn't contain any...
Reported Earnings • Apr 01Full year 2022 earnings released: EPS: ₩201 (vs ₩28.00 in FY 2021)Full year 2022 results: EPS: ₩201 (up from ₩28.00 in FY 2021). Revenue: ₩709.8b (up 86% from FY 2021). Net income: ₩24.3b (up ₩21.9b from FY 2021). Profit margin: 3.4% (up from 0.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Board Change • May 06Less 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. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Mar 04Itcencts Co.,Ltd., Annual General Meeting, Mar 31, 2026Itcencts Co.,Ltd., Annual General Meeting, Mar 31, 2026, at 09:30 Tokyo Standard Time. Location: conference room, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South Korea
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₩737, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 18x in the IT industry in South Korea. Total loss to shareholders of 8.7% over the past three years.
分析記事 • Feb 12Investors Continue Waiting On Sidelines For Itcencts Co.,Ltd. (KRX:031820)When close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 15x, you may consider...
分析記事 • Nov 25ItcenctsLtd (KRX:031820) Is Posting Solid Earnings, But It Is Not All Good NewsFollowing the release of a positive earnings report recently, Itcencts Co.,Ltd.'s ( KRX:031820 ) stock performed well...
Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩103 (vs ₩37.00 in 3Q 2024)Third quarter 2025 results: EPS: ₩103 (up from ₩37.00 in 3Q 2024). Revenue: ₩258.8b (up 13% from 3Q 2024). Net income: ₩12.5b (up 178% from 3Q 2024). Profit margin: 4.8% (up from 2.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
New Risk • Aug 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 1.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (₩74.0b market cap, or US$52.9m).
分析記事 • May 26ItcenctsLtd's (KRX:031820) Shareholders Should Assess Earnings With CautionInvestors were disappointed with Itcencts Co.,Ltd.'s ( KRX:031820 ) recent earnings release. We did some analysis and...
New Risk • Mar 27New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% 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 Risk High level of non-cash earnings (35% accrual ratio). Minor Risk Market cap is less than US$100m (₩69.5b market cap, or US$47.3m).
お知らせ • Feb 28Comtec Systems Co.,Ltd., Annual General Meeting, Mar 27, 2025Comtec Systems Co.,Ltd., Annual General Meeting, Mar 27, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South Korea
分析記事 • Feb 10Investors Aren't Buying Comtec Systems Co.,Ltd.'s (KRX:031820) EarningsWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 12x, you may consider Comtec...
分析記事 • Nov 25Some May Be Optimistic About Comtec SystemsLtd's (KRX:031820) EarningsSoft earnings didn't appear to concern Comtec Systems Co.,Ltd.'s ( KRX:031820 ) shareholders over the last week. We...
お知らせ • Nov 06Secucen Co., Ltd. (KOSDAQ:A232830) agreed to acquire 97.2% stake in C Platform Co. Ltd from Ssangyong Information & Communications Corp. (KOSDAQ:A010280) and Comtec Systems Co.,Ltd. for KRW 10.6 billion.Secucen Co., Ltd. (KOSDAQ:A232830) agreed to acquire 97.2% stake in C Platform Co. Ltd from Ssangyong Information & Communications Corp. (KOSDAQ:A010280) and Comtec Systems Co.,Ltd. for KRW 10.6 billion on November 5, 2024. The expected completion of the transaction is November 5, 2024.
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 Risk Market cap is less than US$100m (₩68.4b market cap, or US$52.0m).
分析記事 • Aug 06We Like These Underlying Return On Capital Trends At Comtec SystemsLtd (KRX:031820)If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
分析記事 • Apr 03Comtec SystemsLtd's (KRX:031820) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that Comtec Systems Co.,Ltd.'s ( KRX:031820 ) recent earnings didn't contain any...
New Risk • Mar 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 3.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (58% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (₩85.2b market cap, or US$63.3m).
New Risk • Jul 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 8.0% 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 (53% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₩108.3b market cap, or US$85.4m).
Valuation Update With 7 Day Price Move • May 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩995, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 21x in the IT industry in South Korea. Total loss to shareholders of 17% over the past three years.
Reported Earnings • Apr 01Full year 2022 earnings released: EPS: ₩201 (vs ₩28.00 in FY 2021)Full year 2022 results: EPS: ₩201 (up from ₩28.00 in FY 2021). Revenue: ₩709.8b (up 86% from FY 2021). Net income: ₩24.3b (up ₩21.9b from FY 2021). Profit margin: 3.4% (up from 0.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩883, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 24x in the IT industry in South Korea. Total loss to shareholders of 33% over the past three years.
お知らせ • Dec 06Comtec Systems Co.,Ltd. (KOSE:A031820) agreed to acquire 855,481 shares of Sufi Itcen Holdings Co., Ltd. for approximately KRW 19.365 billion.Comtec Systems Co.,Ltd. (KOSE:A031820) agreed to acquire 855,481 shares of Sufi Itcen Holdings Co., Ltd. for approximately KRW 19.365 billion on December 5, 2022. Post completion, Comtec Systems Co.,Ltd. will own 1,710,962 shares amounting to 100% stake in Sufi Itcen Holdings Co., Ltd. During the year ended 2021, Sufi Itcen Holdings Co., Ltd. reported total assets of KRW 125.87 billion and net income of KRW 15.054 billion. As of December 5, 2022, the board of directors of Comtec Systems Co.,Ltd. approved the transaction. The transaction is expected to complete on December 5, 2022.
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. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
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. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: ₩28.00 (vs ₩10.00 loss in FY 2020)Full year 2021 results: EPS: ₩28.00 (up from ₩10.00 loss in FY 2020). Revenue: ₩382.5b (up 60% from FY 2020). Net income: ₩2.38b (up ₩3.05b from FY 2020). Profit margin: 0.6% (up from net loss in FY 2020).
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩1,475, the stock trades at a trailing P/E ratio of 60.4x. Average trailing P/E is 25x in the IT industry in South Korea. Total returns to shareholders of 42% over the past three years.
分析記事 • May 02These 4 Measures Indicate That Comtec SystemsLtd (KRX:031820) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Mar 13Comtec Systems Co.,Ltd., Annual General Meeting, Mar 29, 2021Comtec Systems Co.,Ltd., Annual General Meeting, Mar 29, 2021, at 09:00 Korea Standard Time.
Is New 90 Day High Low • Jan 29New 90-day low: ₩1,445The company is down 2.0% from its price of ₩1,480 on 30 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 23% over the same period.
Is New 90 Day High Low • Jan 11New 90-day low: ₩1,470The company is down 17% from its price of ₩1,765 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 21% over the same period.
Is New 90 Day High Low • Dec 07New 90-day high: ₩1,835The company is up 32% from its price of ₩1,385 on 08 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 12% over the same period.
Is New 90 Day High Low • Sep 28New 90-day high: ₩1,635The company is up 29% from its price of ₩1,270 on 30 June 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% over the same period.