View Future GrowthAtec 過去の業績過去 基準チェック /06Atecは、平均年間41.1%の収益成長を遂げていますが、 Tech業界の収益は、年間 成長しています。収益は、平均年間30.1% 50.9%収益成長率で 成長しています。 Atecの自己資本利益率は1.2%であり、純利益率は0.8%です。主要情報41.08%収益成長率43.84%EPS成長率Tech 業界の成長-2.85%収益成長率50.86%株主資本利益率1.23%ネット・マージン0.81%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Mar 25Full year 2025 earnings released: EPS: ₩175 (vs ₩1,741 in FY 2024)Full year 2025 results: EPS: ₩175 (down from ₩1,741 in FY 2024). Revenue: ₩160.2b (up 252% from FY 2024). Net income: ₩1.30b (down 90% from FY 2024). Profit margin: 0.8% (down from 28% in FY 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 30Atec (KOSDAQ:045660) Strong Profits May Be Masking Some Underlying IssuesThe market shrugged off Atec Co. Ltd.'s ( KOSDAQ:045660 ) solid earnings report. We did some digging and believe...すべての更新を表示Recent updatesReported Earnings • Mar 25Full year 2025 earnings released: EPS: ₩175 (vs ₩1,741 in FY 2024)Full year 2025 results: EPS: ₩175 (down from ₩1,741 in FY 2024). Revenue: ₩160.2b (up 252% from FY 2024). Net income: ₩1.30b (down 90% from FY 2024). Profit margin: 0.8% (down from 28% in FY 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 13Atec Co. Ltd., Annual General Meeting, Mar 27, 2026Atec Co. Ltd., Annual General Meeting, Mar 27, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 289, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South KoreaValuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩8,790, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 12x in the Tech industry in South Korea. Total returns to shareholders of 1.6% over the past three years.New Risk • Nov 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 48% 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 (48% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (15% net profit margin). Market cap is less than US$100m (₩75.9b market cap, or US$51.7m).New Risk • Aug 30New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended September 2012. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2012 fiscal period end). Minor Risk Market cap is less than US$100m (₩94.8b market cap, or US$68.4m).New Risk • Jun 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩118.8b (US$87.2m) This is considered a minor 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 Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (48% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩118.8b market cap, or US$87.2m).Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩16,180, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 6x in the Tech industry in South Korea. Total returns to shareholders of 43% over the past three years.New Risk • May 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 48% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (48% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩24,550, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 16x in the Tech industry in South Korea. Total returns to shareholders of 108% over the past three years.分析記事 • May 07These 4 Measures Indicate That Atec (KOSDAQ:045660) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩33,950, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 16x in the Tech industry in South Korea. Total returns to shareholders of 162% over the past three years.分析記事 • Mar 30Atec (KOSDAQ:045660) Strong Profits May Be Masking Some Underlying IssuesThe market shrugged off Atec Co. Ltd.'s ( KOSDAQ:045660 ) solid earnings report. We did some digging and believe...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: 26% Last year net profit margin: 92% 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (26% net profit margin).Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩26,650, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 11x in the Tech industry in South Korea. Total returns to shareholders of 104% over the past three years.お知らせ • Mar 12Atec Co. Ltd., Annual General Meeting, Mar 28, 2025Atec Co. Ltd., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 289, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South KoreaValuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩29,850, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 10x in the Tech industry in South Korea. Total returns to shareholders of 101% over the past three years.Valuation Update With 7 Day Price Move • Jan 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩26,750, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 11x in the Tech industry in South Korea. Total returns to shareholders of 29% over the past three years.分析記事 • Jan 03Is Atec (KOSDAQ:045660) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₩34,400, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 10x in the Tech industry in South Korea. Total returns to shareholders of 20% over the past three years.Valuation Update With 7 Day Price Move • Dec 19Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩28,000, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 12x in the Tech industry in South Korea. Total returns to shareholders of 27% over the past three years.分析記事 • Dec 12Is Now The Time To Put Atec (KOSDAQ:045660) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 35%After last week's 35% share price gain to ₩18,770, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 8x in the Tech industry in South Korea. Total loss to shareholders of 11% over the past three years.New Risk • Dec 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 57% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (57% accrual ratio). Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩104.1b market cap, or US$74.1m).Buy Or Sell Opportunity • Nov 25Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 9.8% to ₩16,190. The fair value is estimated to be ₩12,324, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.分析記事 • Nov 19Estimating The Intrinsic Value Of Atec Co. Ltd. (KOSDAQ:045660)Key Insights Atec's estimated fair value is ₩12,330 based on 2 Stage Free Cash Flow to Equity Current share price of...New Risk • Nov 18New 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 8.4% 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 Revenue has declined by 15% over the past year. Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₩89.6b market cap, or US$64.3m).Valuation Update With 7 Day Price Move • Nov 15Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩13,090, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 9x in the Tech industry in South Korea. Total loss to shareholders of 38% over the past three years.Buy Or Sell Opportunity • Oct 25Now 21% overvaluedOver the last 90 days, the stock has fallen 5.4% to ₩14,840. The fair value is estimated to be ₩12,312, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.Buy Or Sell Opportunity • Oct 10Now 21% overvaluedOver the last 90 days, the stock has fallen 12% to ₩14,410. The fair value is estimated to be ₩11,949, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩119.8b market cap, or US$91.0m).Buy Or Sell Opportunity • Sep 06Now 23% overvaluedOver the last 90 days, the stock has fallen 12% to ₩14,680. The fair value is estimated to be ₩11,947, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩13,160, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 12x in the Tech industry in South Korea. Total loss to shareholders of 57% over the past three years.お知らせ • May 30Atec Co. Ltd. (KOSDAQ:A045660) agreed to acquire Production and Sales Business of financialized automatic equipment products of Atec Ap Co. Ltd for KRW 43.8 billion.Atec Co. Ltd. (KOSDAQ:A045660) agreed to acquire Production and Sales Business of financialized automatic equipment products of Atec Ap Co. Ltd for KRW 43.8 billion on May 28, 2024. The transaction will be financed from cash on hand and borrowing from financial institutions. The transaction is expected to close on August 31, 2024.分析記事 • May 23Atec (KOSDAQ:045660) Could Be Struggling To Allocate CapitalTo avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩17,920, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 11x in the Tech industry in South Korea. Total loss to shareholders of 49% over the past three years.お知らせ • Apr 09Atec Co. Ltd. (KOSDAQ:A045660) announces an Equity Buyback for KRW 4,000 million worth of its shares.Atec Co. Ltd. (KOSDAQ:A045660) announces a share repurchase program. Under the program, the company will repurchase up to KRW 4,000 million worth of its shares according to the contract with Samsung Securities. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on October 8, 2024. As of April 8, 2024, the company had 497,719 treasury shares holdings which were acquired within the scope of dividends and 0 shares through other acquisition.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to ₩15,000, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 11x in the Tech industry in South Korea. Total loss to shareholders of 59% over the past three years.New Risk • Apr 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.0% 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 Revenue has declined by 24% over the past year. Minor Risks Less than 3 years of financial data is available. Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (₩118.8b market cap, or US$88.2m).Upcoming Dividend • Dec 20Upcoming dividend of ₩200 per share at 1.6% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 03 April 2024. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.0%).Upcoming Dividend • Dec 21Upcoming dividend of ₩100.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 03 April 2023. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.5%).お知らせ • Sep 27Atec Co. Ltd. (KOSDAQ:A045660) announces an Equity Buyback for KRW 2,000 million worth of its shares.Atec Co. Ltd. (KOSDAQ:A045660) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares according to the contract with Samsung Securities. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on March 25, 2023. As of September 25, 2022, the company had 326,098 treasury shares holdings which were acquired within the scope of dividends and 0 shares through other acquisition.Upcoming Dividend • Dec 22Inaugural dividend of ₩200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for Atec since going public. The average dividend yield among industry peers is 1.8%.Is New 90 Day High Low • Feb 26New 90-day low: ₩29,100The company is down 1.0% from its price of ₩29,350 on 27 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 25% over the same period.お知らせ • Feb 17Atec Co. Ltd., Annual General Meeting, Mar 19, 2021Atec Co. Ltd., Annual General Meeting, Mar 19, 2021, at 09:00 Korea Standard Time.Is New 90 Day High Low • Nov 25New 90-day low: ₩29,600The company is down 21% from its price of ₩37,300 on 28 August 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 22% over the same period.収支内訳Atec 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KOSDAQ:A045660 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 25160,2131,29621,95912,03930 Sep 2589,62113,5186,87411,52530 Jun 25105,11128,32117,3239,07931 Mar 2569,68826,76111,6076,35031 Dec 2445,52712,7878,9253,84230 Sep 2415,39612,9129,5081,48230 Jun 24-32,3792,965-3,32758631 Mar 24-13,6982,867-66964631 Dec 233,7043,4171,34968631 Dec 2294,3325,36010,122862質の高い収益: A045660には₩2.4B } という大きな 一回限りの 損失があり、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: A045660の現在の純利益率 (0.8%)は、昨年(28.1%)よりも低くなっています。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: A045660の過去 5 年間の前年比収益成長率がプラスであったかどうかを判断するにはデータが不十分です。成長の加速: A045660は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: A045660は過去 1 年間で収益成長率がマイナス ( -89.9% ) となったため、 Tech業界平均 ( 58% ) と比較することが困難です。株主資本利益率高いROE: A045660の 自己資本利益率 ( 1.2% ) は 低い 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7D1Y7D1Y7D1YTech 、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2026/05/08 15:19終値2026/05/08 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Atec 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。1 アナリスト機関Hyun Jung DohDaishin Securities Co. Ltd.
Reported Earnings • Mar 25Full year 2025 earnings released: EPS: ₩175 (vs ₩1,741 in FY 2024)Full year 2025 results: EPS: ₩175 (down from ₩1,741 in FY 2024). Revenue: ₩160.2b (up 252% from FY 2024). Net income: ₩1.30b (down 90% from FY 2024). Profit margin: 0.8% (down from 28% in FY 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 30Atec (KOSDAQ:045660) Strong Profits May Be Masking Some Underlying IssuesThe market shrugged off Atec Co. Ltd.'s ( KOSDAQ:045660 ) solid earnings report. We did some digging and believe...
Reported Earnings • Mar 25Full year 2025 earnings released: EPS: ₩175 (vs ₩1,741 in FY 2024)Full year 2025 results: EPS: ₩175 (down from ₩1,741 in FY 2024). Revenue: ₩160.2b (up 252% from FY 2024). Net income: ₩1.30b (down 90% from FY 2024). Profit margin: 0.8% (down from 28% in FY 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 13Atec Co. Ltd., Annual General Meeting, Mar 27, 2026Atec Co. Ltd., Annual General Meeting, Mar 27, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 289, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩8,790, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 12x in the Tech industry in South Korea. Total returns to shareholders of 1.6% over the past three years.
New Risk • Nov 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 48% 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 (48% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (15% net profit margin). Market cap is less than US$100m (₩75.9b market cap, or US$51.7m).
New Risk • Aug 30New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended September 2012. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2012 fiscal period end). Minor Risk Market cap is less than US$100m (₩94.8b market cap, or US$68.4m).
New Risk • Jun 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩118.8b (US$87.2m) This is considered a minor 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 Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (48% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩118.8b market cap, or US$87.2m).
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩16,180, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 6x in the Tech industry in South Korea. Total returns to shareholders of 43% over the past three years.
New Risk • May 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 48% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (48% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩24,550, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 16x in the Tech industry in South Korea. Total returns to shareholders of 108% over the past three years.
分析記事 • May 07These 4 Measures Indicate That Atec (KOSDAQ:045660) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩33,950, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 16x in the Tech industry in South Korea. Total returns to shareholders of 162% over the past three years.
分析記事 • Mar 30Atec (KOSDAQ:045660) Strong Profits May Be Masking Some Underlying IssuesThe market shrugged off Atec Co. Ltd.'s ( KOSDAQ:045660 ) solid earnings report. We did some digging and believe...
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: 26% Last year net profit margin: 92% 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (26% net profit margin).
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩26,650, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 11x in the Tech industry in South Korea. Total returns to shareholders of 104% over the past three years.
お知らせ • Mar 12Atec Co. Ltd., Annual General Meeting, Mar 28, 2025Atec Co. Ltd., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 289, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩29,850, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 10x in the Tech industry in South Korea. Total returns to shareholders of 101% over the past three years.
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩26,750, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 11x in the Tech industry in South Korea. Total returns to shareholders of 29% over the past three years.
分析記事 • Jan 03Is Atec (KOSDAQ:045660) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₩34,400, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 10x in the Tech industry in South Korea. Total returns to shareholders of 20% over the past three years.
Valuation Update With 7 Day Price Move • Dec 19Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩28,000, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 12x in the Tech industry in South Korea. Total returns to shareholders of 27% over the past three years.
分析記事 • Dec 12Is Now The Time To Put Atec (KOSDAQ:045660) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 35%After last week's 35% share price gain to ₩18,770, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 8x in the Tech industry in South Korea. Total loss to shareholders of 11% over the past three years.
New Risk • Dec 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 57% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (57% accrual ratio). Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩104.1b market cap, or US$74.1m).
Buy Or Sell Opportunity • Nov 25Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 9.8% to ₩16,190. The fair value is estimated to be ₩12,324, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.
分析記事 • Nov 19Estimating The Intrinsic Value Of Atec Co. Ltd. (KOSDAQ:045660)Key Insights Atec's estimated fair value is ₩12,330 based on 2 Stage Free Cash Flow to Equity Current share price of...
New Risk • Nov 18New 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 8.4% 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 Revenue has declined by 15% over the past year. Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₩89.6b market cap, or US$64.3m).
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩13,090, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 9x in the Tech industry in South Korea. Total loss to shareholders of 38% over the past three years.
Buy Or Sell Opportunity • Oct 25Now 21% overvaluedOver the last 90 days, the stock has fallen 5.4% to ₩14,840. The fair value is estimated to be ₩12,312, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.
Buy Or Sell Opportunity • Oct 10Now 21% overvaluedOver the last 90 days, the stock has fallen 12% to ₩14,410. The fair value is estimated to be ₩11,949, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.
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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩119.8b market cap, or US$91.0m).
Buy Or Sell Opportunity • Sep 06Now 23% overvaluedOver the last 90 days, the stock has fallen 12% to ₩14,680. The fair value is estimated to be ₩11,947, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩13,160, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 12x in the Tech industry in South Korea. Total loss to shareholders of 57% over the past three years.
お知らせ • May 30Atec Co. Ltd. (KOSDAQ:A045660) agreed to acquire Production and Sales Business of financialized automatic equipment products of Atec Ap Co. Ltd for KRW 43.8 billion.Atec Co. Ltd. (KOSDAQ:A045660) agreed to acquire Production and Sales Business of financialized automatic equipment products of Atec Ap Co. Ltd for KRW 43.8 billion on May 28, 2024. The transaction will be financed from cash on hand and borrowing from financial institutions. The transaction is expected to close on August 31, 2024.
分析記事 • May 23Atec (KOSDAQ:045660) Could Be Struggling To Allocate CapitalTo avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩17,920, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 11x in the Tech industry in South Korea. Total loss to shareholders of 49% over the past three years.
お知らせ • Apr 09Atec Co. Ltd. (KOSDAQ:A045660) announces an Equity Buyback for KRW 4,000 million worth of its shares.Atec Co. Ltd. (KOSDAQ:A045660) announces a share repurchase program. Under the program, the company will repurchase up to KRW 4,000 million worth of its shares according to the contract with Samsung Securities. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on October 8, 2024. As of April 8, 2024, the company had 497,719 treasury shares holdings which were acquired within the scope of dividends and 0 shares through other acquisition.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to ₩15,000, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 11x in the Tech industry in South Korea. Total loss to shareholders of 59% over the past three years.
New Risk • Apr 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.0% 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 Revenue has declined by 24% over the past year. Minor Risks Less than 3 years of financial data is available. Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (₩118.8b market cap, or US$88.2m).
Upcoming Dividend • Dec 20Upcoming dividend of ₩200 per share at 1.6% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 03 April 2024. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.0%).
Upcoming Dividend • Dec 21Upcoming dividend of ₩100.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 03 April 2023. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.5%).
お知らせ • Sep 27Atec Co. Ltd. (KOSDAQ:A045660) announces an Equity Buyback for KRW 2,000 million worth of its shares.Atec Co. Ltd. (KOSDAQ:A045660) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares according to the contract with Samsung Securities. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on March 25, 2023. As of September 25, 2022, the company had 326,098 treasury shares holdings which were acquired within the scope of dividends and 0 shares through other acquisition.
Upcoming Dividend • Dec 22Inaugural dividend of ₩200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for Atec since going public. The average dividend yield among industry peers is 1.8%.
Is New 90 Day High Low • Feb 26New 90-day low: ₩29,100The company is down 1.0% from its price of ₩29,350 on 27 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 25% over the same period.
お知らせ • Feb 17Atec Co. Ltd., Annual General Meeting, Mar 19, 2021Atec Co. Ltd., Annual General Meeting, Mar 19, 2021, at 09:00 Korea Standard Time.
Is New 90 Day High Low • Nov 25New 90-day low: ₩29,600The company is down 21% from its price of ₩37,300 on 28 August 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 22% over the same period.