View Future GrowthTLB 過去の業績過去 基準チェック /36TLBの収益は年間平均-13.8%の割合で減少していますが、 Electronic業界の収益は年間 増加しています。収益は年間5.5% 3.4%割合で 増加しています。 TLBの自己資本利益率は15%であり、純利益率は7.4%です。主要情報-13.83%収益成長率-15.26%EPS成長率Electronic 業界の成長21.63%収益成長率3.36%株主資本利益率15.04%ネット・マージン7.37%前回の決算情報31 Dec 2025最近の業績更新分析記事 • Mar 27There May Be Underlying Issues With The Quality Of TLB's (KOSDAQ:356860) EarningsLast week's profit announcement from TLB Co., Ltd ( KOSDAQ:356860 ) was underwhelming for investors, despite headline...Reported Earnings • Mar 25Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₩1,959 (up from ₩371 in FY 2024). Revenue: ₩258.5b (up 44% from FY 2024). Net income: ₩19.0b (up 426% from FY 2024). Profit margin: 7.4% (up from 2.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.4%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₩466 (vs ₩115 in 2Q 2024)Second quarter 2025 results: EPS: ₩466 (up from ₩115 in 2Q 2024). Revenue: ₩64.1b (up 62% from 2Q 2024). Net income: ₩4.53b (up 301% from 2Q 2024). Profit margin: 7.1% (up from 2.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 25Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₩371 (up from ₩257 in FY 2023). Revenue: ₩180.0b (up 5.1% from FY 2023). Net income: ₩3.62b (up 44% from FY 2023). Profit margin: 2.0% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.分析記事 • Mar 27TLB's (KOSDAQ:356860) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsA lackluster earnings announcement from TLB Co., Ltd ( KOSDAQ:356860 ) last week didn't sink the stock price. However...Reported Earnings • Mar 22Full year 2023 earnings released: EPS: ₩257 (vs ₩3,108 in FY 2022)Full year 2023 results: EPS: ₩257 (down from ₩3,108 in FY 2022). Revenue: ₩171.3b (down 23% from FY 2022). Net income: ₩2.51b (down 92% from FY 2022). Profit margin: 1.5% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩101,600, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Electronic industry in South Korea. Total returns to shareholders of 474% over the past three years.Major Estimate Revision • Apr 14Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from ₩3,738 to ₩3,349 per share. Revenue forecast steady at ₩342.6m. Net income forecast to grow 91% next year vs 73% growth forecast for Electronic industry in South Korea. Consensus price target of ₩90,400 unchanged from last update. Share price rose 15% to ₩79,800 over the past week.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩80,000, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 300% over the past three years.分析記事 • Mar 27There May Be Underlying Issues With The Quality Of TLB's (KOSDAQ:356860) EarningsLast week's profit announcement from TLB Co., Ltd ( KOSDAQ:356860 ) was underwhelming for investors, despite headline...New Risk • Mar 25New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.5% operating cash flow to total debt). High level of non-cash earnings (29% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change).Reported Earnings • Mar 25Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₩1,959 (up from ₩371 in FY 2024). Revenue: ₩258.5b (up 44% from FY 2024). Net income: ₩19.0b (up 426% from FY 2024). Profit margin: 7.4% (up from 2.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.4%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 33%After last week's 33% share price gain to ₩79,800, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Electronic industry in South Korea. Total returns to shareholders of 385% over the past three years.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to ₩47,050, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Electronic industry in South Korea. Total returns to shareholders of 183% over the past three years.お知らせ • Mar 04TLB Co., Ltd, Annual General Meeting, Mar 30, 2026TLB Co., Ltd, Annual General Meeting, Mar 30, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 305, sinwon-ro, danwon-gu, gyeonggi-do, ansan South Korea分析記事 • Jan 28Earnings Tell The Story For TLB Co., Ltd (KOSDAQ:356860)TLB Co., Ltd's ( KOSDAQ:356860 ) price-to-earnings (or "P/E") ratio of 44.6x might make it look like a strong sell...Upcoming Dividend • Dec 22Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 April 2026. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (0.9%).Valuation Update With 7 Day Price Move • Dec 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩55,800, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Electronic industry in South Korea. Total returns to shareholders of 218% over the past three years.分析記事 • Dec 15We Think TLB (KOSDAQ:356860) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Price Target Changed • Nov 15Price target increased by 17% to ₩68,750Up from ₩59,000, the current price target is an average from 4 analysts. New target price is 7.6% above last closing price of ₩63,900. Stock is up 406% over the past year. The company is forecast to post earnings per share of ₩1,792 for next year compared to ₩371 last year.分析記事 • Nov 13Capital Allocation Trends At TLB (KOSDAQ:356860) Aren't IdealIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Upcoming Dividend • Oct 20Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 27 October 2025. Payment date: 10 November 2025. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.7%). Lower than average of industry peers (1.1%).分析記事 • Sep 28Why TLB Co., Ltd (KOSDAQ:356860) Could Be Worth WatchingTLB Co., Ltd ( KOSDAQ:356860 ), might not be a large cap stock, but it saw a significant share price rise of 111% in...Buy Or Sell Opportunity • Sep 22Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 108% to ₩46,900. The fair value is estimated to be ₩36,796, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Earnings per share has declined by 81%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 232% in the next 2 years.Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 31%After last week's 31% share price gain to ₩38,450, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electronic industry in South Korea. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩36,696 per share.分析記事 • Sep 10Revenues Tell The Story For TLB Co., Ltd (KOSDAQ:356860) As Its Stock Soars 37%Despite an already strong run, TLB Co., Ltd ( KOSDAQ:356860 ) shares have been powering on, with a gain of 37% in the...New Risk • Sep 10New 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 7.6% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩30,400, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in South Korea. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩19,056 per share.Major Estimate Revision • Aug 23Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩245.0m to ₩247.6m. EPS estimate increased from ₩1,501 to ₩1,716 per share. Net income forecast to grow 147% next year vs 16% growth forecast for Electronic industry in South Korea. Consensus price target up from ₩31,000 to ₩34,333. Share price fell 2.7% to ₩27,000 over the past week.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₩466 (vs ₩115 in 2Q 2024)Second quarter 2025 results: EPS: ₩466 (up from ₩115 in 2Q 2024). Revenue: ₩64.1b (up 62% from 2Q 2024). Net income: ₩4.53b (up 301% from 2Q 2024). Profit margin: 7.1% (up from 2.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Aug 14Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩231.1m to ₩246.2m. EPS estimate increased from ₩1,356 to ₩1,532 per share. Net income forecast to grow 113% next year vs 12% growth forecast for Electronic industry in South Korea. Consensus price target up from ₩28,333 to ₩31,000. Share price rose 6.5% to ₩27,750 over the past week.分析記事 • Jul 21Is TLB (KOSDAQ:356860) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Buy Or Sell Opportunity • Jul 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to ₩25,600. The fair value is estimated to be ₩21,118, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Earnings per share has declined by 77%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 232% in the next 2 years.Price Target Changed • Jul 10Price target increased by 16% to ₩24,667Up from ₩21,250, the current price target is an average from 3 analysts. New target price is 7.0% above last closing price of ₩23,050. Stock is up 2.4% over the past year. The company is forecast to post earnings per share of ₩1,037 for next year compared to ₩371 last year.Major Estimate Revision • Jun 26Consensus EPS estimates increase by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩222.9m to ₩231.5m. EPS estimate increased from ₩738 to ₩1,037 per share. Net income forecast to grow 157% next year vs 19% growth forecast for Electronic industry in South Korea. Consensus price target up from ₩19,333 to ₩22,500. Share price rose 3.2% to ₩22,600 over the past week.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩21,200, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 9.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩35,016 per share.分析記事 • Jun 12Shareholders Should Be Pleased With TLB Co., Ltd's (KOSDAQ:356860) PriceWith a price-to-earnings (or "P/E") ratio of 47x TLB Co., Ltd ( KOSDAQ:356860 ) may be sending very bearish signals at...分析記事 • May 13What Does TLB Co., Ltd's (KOSDAQ:356860) Share Price Indicate?While TLB Co., Ltd ( KOSDAQ:356860 ) might not have the largest market cap around , it led the KOSDAQ gainers with a...Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩20,100, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 9x in the Electronic industry in South Korea. Total returns to shareholders of 22% over the past three years.Reported Earnings • Mar 25Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₩371 (up from ₩257 in FY 2023). Revenue: ₩180.0b (up 5.1% from FY 2023). Net income: ₩3.62b (up 44% from FY 2023). Profit margin: 2.0% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.分析記事 • Mar 17These 4 Measures Indicate That TLB (KOSDAQ:356860) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Feb 28Market Participants Recognise TLB Co., Ltd's (KOSDAQ:356860) Earnings Pushing Shares 37% HigherTLB Co., Ltd ( KOSDAQ:356860 ) shares have continued their recent momentum with a 37% gain in the last month alone. Not...お知らせ • Feb 28TLB Co., Ltd, Annual General Meeting, Mar 28, 2025TLB Co., Ltd, Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 305, sinwon-ro, danwon-gu, gyeonggi-do, ansan South Korea分析記事 • Feb 21Is TLB Co., Ltd (KOSDAQ:356860) Trading At A 31% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, TLB fair value estimate is ₩31,355 Current share price of...Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩14,380, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Electronic industry in South Korea. Total loss to shareholders of 4.9% over the past three years.分析記事 • Feb 03Why TLB Co., Ltd (KOSDAQ:356860) Could Be Worth WatchingTLB Co., Ltd ( KOSDAQ:356860 ), is not the largest company out there, but it saw a double-digit share price rise of...分析記事 • Jan 08TLB Co., Ltd (KOSDAQ:356860) Stocks Shoot Up 30% But Its P/E Still Looks ReasonableTLB Co., Ltd ( KOSDAQ:356860 ) shareholders would be excited to see that the share price has had a great month, posting...Upcoming Dividend • Dec 20Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 09 April 2025. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%).Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩13,000, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Electronic industry in South Korea. Total loss to shareholders of 27% over the past three years.お知らせ • Oct 07TLB Co., Ltd (KOSDAQ:A356860) announces an Equity Buyback for KRW 2,000 million worth of its shares.TLB Co., Ltd (KOSDAQ:A356860) 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 SK SECURITIES CO.,LTD. The purpose of the program is increase in shareholder value. The program will expire on April 06, 2025. As of October 6, 2024, the company had 60,000 and 0 treasury shares holdings acquisition within the range available for dividends and other acquisition respectively.分析記事 • Sep 26Is TLB (KOSDAQ:356860) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Sep 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩124.2b (US$92.7m) 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 Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 238% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (₩124.2b market cap, or US$92.7m).Price Target Changed • Aug 17Price target decreased by 16% to ₩28,625Down from ₩34,167, the current price target is an average from 4 analysts. New target price is 77% above last closing price of ₩16,130. Stock is down 35% over the past year. The company is forecast to post earnings per share of ₩643 for next year compared to ₩257 last year.Major Estimate Revision • Aug 15Consensus EPS estimates fall by 10.0%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩188.1m to ₩180.4m. EPS estimate also fell from ₩595 per share to ₩536 per share. Net income forecast to grow 1,040% next year vs 38% growth forecast for Electronic industry in South Korea. Consensus price target down from ₩34,167 to ₩32,500. Share price rose 7.1% to ₩16,060 over the past week.分析記事 • Aug 08Investors Give TLB Co., Ltd (KOSDAQ:356860) Shares A 36% HidingUnfortunately for some shareholders, the TLB Co., Ltd ( KOSDAQ:356860 ) share price has dived 36% in the last thirty...New Risk • Aug 05New 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 8.2% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 218% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin).Major Estimate Revision • May 29Consensus EPS estimates fall by 34%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩195.8m to ₩188.1m. EPS estimate also fell from ₩906 per share to ₩595 per share. Net income forecast to grow 942% next year vs 46% growth forecast for Electronic industry in South Korea. Consensus price target of ₩34,167 unchanged from last update. Share price rose 2.7% to ₩26,250 over the past week.分析記事 • Mar 27TLB's (KOSDAQ:356860) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsA lackluster earnings announcement from TLB Co., Ltd ( KOSDAQ:356860 ) last week didn't sink the stock price. However...Reported Earnings • Mar 22Full year 2023 earnings released: EPS: ₩257 (vs ₩3,108 in FY 2022)Full year 2023 results: EPS: ₩257 (down from ₩3,108 in FY 2022). Revenue: ₩171.3b (down 23% from FY 2022). Net income: ₩2.51b (down 92% from FY 2022). Profit margin: 1.5% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year.分析記事 • Mar 07Is It Time To Consider Buying TLB Co., Ltd (KOSDAQ:356860)?TLB Co., Ltd ( KOSDAQ:356860 ), is not the largest company out there, but it saw a significant share price rise of 22...Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩28,200, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 13x in the Electronic industry in South Korea. Total returns to shareholders of 39% over the past three years.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩24,250, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Electronic industry in South Korea. Total returns to shareholders of 1.3% over the past three years.Upcoming Dividend • Dec 20Upcoming dividend of ₩300 per share at 0.6% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (0.9%).New Risk • Nov 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% 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 (28% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (2.9% net profit margin).Major Estimate Revision • Nov 15Consensus EPS estimates fall by 58%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩181.0m to ₩170.1m. EPS estimate also fell from ₩928 per share to ₩388 per share. Net income forecast to shrink 45% next year vs 14% growth forecast for Electronic industry in South Korea . Consensus price target up from ₩26,750 to ₩29,500. Share price rose 9.7% to ₩26,000 over the past week.Buying Opportunity • Aug 02Now 20% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be ₩28,886, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 8.5% in 2 years. Earnings is forecast to decline by 0.3% in the next 2 years.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩30,300, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Electronic industry in South Korea. Total returns to shareholders of 69% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩29,250 per share.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩26,150, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Electronic industry in South Korea. Total returns to shareholders of 24% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩26,577 per share.New Risk • Jun 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 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩22,900, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Electronic industry in South Korea. Total loss to shareholders of 4.3% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩26,042 per share.Buying Opportunity • Apr 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.5%. The fair value is estimated to be ₩25,196, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings is also forecast to grow by 1.4% per annum over the same time period.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩21,000, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 26% over the past year.Reported Earnings • Mar 24Full year 2022 earnings released: EPS: ₩3,108 (vs ₩1,262 in FY 2021)Full year 2022 results: EPS: ₩3,108 (up from ₩1,262 in FY 2021). Revenue: ₩221.5b (up 24% from FY 2021). Net income: ₩30.6b (up 146% from FY 2021). Profit margin: 14% (up from 7.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.3% p.a. on average during the next 2 years, while revenues in the Electronic industry in South Korea are expected to grow by 15%.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₩17,250, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Electronic industry in South Korea. Total loss to shareholders of 6.2% over the past year.Upcoming Dividend • Dec 21Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 12 April 2023. Payout ratio is a comfortable 3.9% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.0%).Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩42,600, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Electronic industry in South Korea. Total returns to shareholders of 14% over the past year.Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₩34,950, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Electronic industry in South Korea. Total loss to shareholders of 11% over the past year.Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩37,800, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Electronic industry in South Korea. Negligible returns to shareholders over past year.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩38,850, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 18x in the Electronic industry in South Korea.Valuation Update With 7 Day Price Move • Oct 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩30,900, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 17x in the Electronic industry in South Korea.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩48,900, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 24x in the Electronic industry in South Korea.分析記事 • Mar 17What Kind Of Investors Own Most Of TLB Co., Ltd (KOSDAQ:356860)?If you want to know who really controls TLB Co., Ltd ( KOSDAQ:356860 ), then you'll have to look at the makeup of its...収支内訳TLB 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:A356860 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 25258,49819,04910,45047230 Sep 25235,75513,4369,69649030 Jun 25213,3127,6959,23544131 Mar 25188,7434,2949,39534531 Dec 24180,0013,6189,08835030 Sep 24178,2572,6618,96227530 Jun 24171,1248218,48927431 Mar 24174,0778977,68826731 Dec 23171,3072,5157,22523730 Sep 23177,8285,1377,69620930 Jun 23195,30017,4527,61818331 Mar 23211,20224,6627,77120331 Dec 22221,54830,5567,68913930 Sep 22217,92231,2967,73586230 Jun 22205,42124,1137,7131,38831 Mar 22187,50818,1257,1701,79231 Dec 21178,10012,4116,9312,30330 Sep 21168,7859,4126,4742,19830 Jun 21172,5768,2226,1812,08031 Mar 21181,97110,0346,4272,17331 Dec 20184,11211,8176,2472,10030 Sep 20183,85412,1895,8762,01930 Jun 20172,33911,3025,7481,91431 Mar 20158,10610,1685,3021,68731 Dec 19149,1369,4675,3561,625質の高い収益: A356860 非現金収入 のレベルが高いです。利益率の向上: A356860の現在の純利益率 (7.4%)は、昨年(2%)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: A356860の収益は過去 5 年間で年間13.8%減少しました。成長の加速: A356860の過去 1 年間の収益成長率 ( 426.5% ) は、5 年間の平均 ( 年間-13.8%を上回っています。収益対業界: A356860の過去 1 年間の収益成長率 ( 426.5% ) はElectronic業界-11.9%を上回りました。株主資本利益率高いROE: A356860の 自己資本利益率 ( 15% ) 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2026/05/09 02:49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TLB Co., Ltd 6 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。7 アナリスト機関Kangho ParkDaishin Securities Co. Ltd.Hyun Ji ChoDB Financial Investment Co. Ltd.Hee-chul ParkKyobo Securities Co., Ltd4 その他のアナリストを表示
分析記事 • Mar 27There May Be Underlying Issues With The Quality Of TLB's (KOSDAQ:356860) EarningsLast week's profit announcement from TLB Co., Ltd ( KOSDAQ:356860 ) was underwhelming for investors, despite headline...
Reported Earnings • Mar 25Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₩1,959 (up from ₩371 in FY 2024). Revenue: ₩258.5b (up 44% from FY 2024). Net income: ₩19.0b (up 426% from FY 2024). Profit margin: 7.4% (up from 2.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.4%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₩466 (vs ₩115 in 2Q 2024)Second quarter 2025 results: EPS: ₩466 (up from ₩115 in 2Q 2024). Revenue: ₩64.1b (up 62% from 2Q 2024). Net income: ₩4.53b (up 301% from 2Q 2024). Profit margin: 7.1% (up from 2.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 25Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₩371 (up from ₩257 in FY 2023). Revenue: ₩180.0b (up 5.1% from FY 2023). Net income: ₩3.62b (up 44% from FY 2023). Profit margin: 2.0% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
分析記事 • Mar 27TLB's (KOSDAQ:356860) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsA lackluster earnings announcement from TLB Co., Ltd ( KOSDAQ:356860 ) last week didn't sink the stock price. However...
Reported Earnings • Mar 22Full year 2023 earnings released: EPS: ₩257 (vs ₩3,108 in FY 2022)Full year 2023 results: EPS: ₩257 (down from ₩3,108 in FY 2022). Revenue: ₩171.3b (down 23% from FY 2022). Net income: ₩2.51b (down 92% from FY 2022). Profit margin: 1.5% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩101,600, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Electronic industry in South Korea. Total returns to shareholders of 474% over the past three years.
Major Estimate Revision • Apr 14Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from ₩3,738 to ₩3,349 per share. Revenue forecast steady at ₩342.6m. Net income forecast to grow 91% next year vs 73% growth forecast for Electronic industry in South Korea. Consensus price target of ₩90,400 unchanged from last update. Share price rose 15% to ₩79,800 over the past week.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩80,000, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 300% over the past three years.
分析記事 • Mar 27There May Be Underlying Issues With The Quality Of TLB's (KOSDAQ:356860) EarningsLast week's profit announcement from TLB Co., Ltd ( KOSDAQ:356860 ) was underwhelming for investors, despite headline...
New Risk • Mar 25New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.5% operating cash flow to total debt). High level of non-cash earnings (29% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change).
Reported Earnings • Mar 25Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: ₩1,959 (up from ₩371 in FY 2024). Revenue: ₩258.5b (up 44% from FY 2024). Net income: ₩19.0b (up 426% from FY 2024). Profit margin: 7.4% (up from 2.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.4%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 19Investor sentiment improves as stock rises 33%After last week's 33% share price gain to ₩79,800, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Electronic industry in South Korea. Total returns to shareholders of 385% over the past three years.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to ₩47,050, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Electronic industry in South Korea. Total returns to shareholders of 183% over the past three years.
お知らせ • Mar 04TLB Co., Ltd, Annual General Meeting, Mar 30, 2026TLB Co., Ltd, Annual General Meeting, Mar 30, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 305, sinwon-ro, danwon-gu, gyeonggi-do, ansan South Korea
分析記事 • Jan 28Earnings Tell The Story For TLB Co., Ltd (KOSDAQ:356860)TLB Co., Ltd's ( KOSDAQ:356860 ) price-to-earnings (or "P/E") ratio of 44.6x might make it look like a strong sell...
Upcoming Dividend • Dec 22Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 April 2026. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (0.9%).
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩55,800, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Electronic industry in South Korea. Total returns to shareholders of 218% over the past three years.
分析記事 • Dec 15We Think TLB (KOSDAQ:356860) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Price Target Changed • Nov 15Price target increased by 17% to ₩68,750Up from ₩59,000, the current price target is an average from 4 analysts. New target price is 7.6% above last closing price of ₩63,900. Stock is up 406% over the past year. The company is forecast to post earnings per share of ₩1,792 for next year compared to ₩371 last year.
分析記事 • Nov 13Capital Allocation Trends At TLB (KOSDAQ:356860) Aren't IdealIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Upcoming Dividend • Oct 20Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 27 October 2025. Payment date: 10 November 2025. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.7%). Lower than average of industry peers (1.1%).
分析記事 • Sep 28Why TLB Co., Ltd (KOSDAQ:356860) Could Be Worth WatchingTLB Co., Ltd ( KOSDAQ:356860 ), might not be a large cap stock, but it saw a significant share price rise of 111% in...
Buy Or Sell Opportunity • Sep 22Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 108% to ₩46,900. The fair value is estimated to be ₩36,796, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years. Earnings per share has declined by 81%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 232% in the next 2 years.
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 31%After last week's 31% share price gain to ₩38,450, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Electronic industry in South Korea. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩36,696 per share.
分析記事 • Sep 10Revenues Tell The Story For TLB Co., Ltd (KOSDAQ:356860) As Its Stock Soars 37%Despite an already strong run, TLB Co., Ltd ( KOSDAQ:356860 ) shares have been powering on, with a gain of 37% in the...
New Risk • Sep 10New 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 7.6% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩30,400, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Electronic industry in South Korea. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩19,056 per share.
Major Estimate Revision • Aug 23Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩245.0m to ₩247.6m. EPS estimate increased from ₩1,501 to ₩1,716 per share. Net income forecast to grow 147% next year vs 16% growth forecast for Electronic industry in South Korea. Consensus price target up from ₩31,000 to ₩34,333. Share price fell 2.7% to ₩27,000 over the past week.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₩466 (vs ₩115 in 2Q 2024)Second quarter 2025 results: EPS: ₩466 (up from ₩115 in 2Q 2024). Revenue: ₩64.1b (up 62% from 2Q 2024). Net income: ₩4.53b (up 301% from 2Q 2024). Profit margin: 7.1% (up from 2.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Aug 14Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩231.1m to ₩246.2m. EPS estimate increased from ₩1,356 to ₩1,532 per share. Net income forecast to grow 113% next year vs 12% growth forecast for Electronic industry in South Korea. Consensus price target up from ₩28,333 to ₩31,000. Share price rose 6.5% to ₩27,750 over the past week.
分析記事 • Jul 21Is TLB (KOSDAQ:356860) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Buy Or Sell Opportunity • Jul 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to ₩25,600. The fair value is estimated to be ₩21,118, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Earnings per share has declined by 77%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 232% in the next 2 years.
Price Target Changed • Jul 10Price target increased by 16% to ₩24,667Up from ₩21,250, the current price target is an average from 3 analysts. New target price is 7.0% above last closing price of ₩23,050. Stock is up 2.4% over the past year. The company is forecast to post earnings per share of ₩1,037 for next year compared to ₩371 last year.
Major Estimate Revision • Jun 26Consensus EPS estimates increase by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ₩222.9m to ₩231.5m. EPS estimate increased from ₩738 to ₩1,037 per share. Net income forecast to grow 157% next year vs 19% growth forecast for Electronic industry in South Korea. Consensus price target up from ₩19,333 to ₩22,500. Share price rose 3.2% to ₩22,600 over the past week.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩21,200, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 9.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩35,016 per share.
分析記事 • Jun 12Shareholders Should Be Pleased With TLB Co., Ltd's (KOSDAQ:356860) PriceWith a price-to-earnings (or "P/E") ratio of 47x TLB Co., Ltd ( KOSDAQ:356860 ) may be sending very bearish signals at...
分析記事 • May 13What Does TLB Co., Ltd's (KOSDAQ:356860) Share Price Indicate?While TLB Co., Ltd ( KOSDAQ:356860 ) might not have the largest market cap around , it led the KOSDAQ gainers with a...
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩20,100, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 9x in the Electronic industry in South Korea. Total returns to shareholders of 22% over the past three years.
Reported Earnings • Mar 25Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₩371 (up from ₩257 in FY 2023). Revenue: ₩180.0b (up 5.1% from FY 2023). Net income: ₩3.62b (up 44% from FY 2023). Profit margin: 2.0% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
分析記事 • Mar 17These 4 Measures Indicate That TLB (KOSDAQ:356860) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Feb 28Market Participants Recognise TLB Co., Ltd's (KOSDAQ:356860) Earnings Pushing Shares 37% HigherTLB Co., Ltd ( KOSDAQ:356860 ) shares have continued their recent momentum with a 37% gain in the last month alone. Not...
お知らせ • Feb 28TLB Co., Ltd, Annual General Meeting, Mar 28, 2025TLB Co., Ltd, Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 305, sinwon-ro, danwon-gu, gyeonggi-do, ansan South Korea
分析記事 • Feb 21Is TLB Co., Ltd (KOSDAQ:356860) Trading At A 31% Discount?Key Insights Using the 2 Stage Free Cash Flow to Equity, TLB fair value estimate is ₩31,355 Current share price of...
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩14,380, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Electronic industry in South Korea. Total loss to shareholders of 4.9% over the past three years.
分析記事 • Feb 03Why TLB Co., Ltd (KOSDAQ:356860) Could Be Worth WatchingTLB Co., Ltd ( KOSDAQ:356860 ), is not the largest company out there, but it saw a double-digit share price rise of...
分析記事 • Jan 08TLB Co., Ltd (KOSDAQ:356860) Stocks Shoot Up 30% But Its P/E Still Looks ReasonableTLB Co., Ltd ( KOSDAQ:356860 ) shareholders would be excited to see that the share price has had a great month, posting...
Upcoming Dividend • Dec 20Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 09 April 2025. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%).
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩13,000, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Electronic industry in South Korea. Total loss to shareholders of 27% over the past three years.
お知らせ • Oct 07TLB Co., Ltd (KOSDAQ:A356860) announces an Equity Buyback for KRW 2,000 million worth of its shares.TLB Co., Ltd (KOSDAQ:A356860) 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 SK SECURITIES CO.,LTD. The purpose of the program is increase in shareholder value. The program will expire on April 06, 2025. As of October 6, 2024, the company had 60,000 and 0 treasury shares holdings acquisition within the range available for dividends and other acquisition respectively.
分析記事 • Sep 26Is TLB (KOSDAQ:356860) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Sep 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩124.2b (US$92.7m) 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 Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 238% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (₩124.2b market cap, or US$92.7m).
Price Target Changed • Aug 17Price target decreased by 16% to ₩28,625Down from ₩34,167, the current price target is an average from 4 analysts. New target price is 77% above last closing price of ₩16,130. Stock is down 35% over the past year. The company is forecast to post earnings per share of ₩643 for next year compared to ₩257 last year.
Major Estimate Revision • Aug 15Consensus EPS estimates fall by 10.0%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩188.1m to ₩180.4m. EPS estimate also fell from ₩595 per share to ₩536 per share. Net income forecast to grow 1,040% next year vs 38% growth forecast for Electronic industry in South Korea. Consensus price target down from ₩34,167 to ₩32,500. Share price rose 7.1% to ₩16,060 over the past week.
分析記事 • Aug 08Investors Give TLB Co., Ltd (KOSDAQ:356860) Shares A 36% HidingUnfortunately for some shareholders, the TLB Co., Ltd ( KOSDAQ:356860 ) share price has dived 36% in the last thirty...
New Risk • Aug 05New 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 8.2% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 218% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin).
Major Estimate Revision • May 29Consensus EPS estimates fall by 34%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩195.8m to ₩188.1m. EPS estimate also fell from ₩906 per share to ₩595 per share. Net income forecast to grow 942% next year vs 46% growth forecast for Electronic industry in South Korea. Consensus price target of ₩34,167 unchanged from last update. Share price rose 2.7% to ₩26,250 over the past week.
分析記事 • Mar 27TLB's (KOSDAQ:356860) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsA lackluster earnings announcement from TLB Co., Ltd ( KOSDAQ:356860 ) last week didn't sink the stock price. However...
Reported Earnings • Mar 22Full year 2023 earnings released: EPS: ₩257 (vs ₩3,108 in FY 2022)Full year 2023 results: EPS: ₩257 (down from ₩3,108 in FY 2022). Revenue: ₩171.3b (down 23% from FY 2022). Net income: ₩2.51b (down 92% from FY 2022). Profit margin: 1.5% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year.
分析記事 • Mar 07Is It Time To Consider Buying TLB Co., Ltd (KOSDAQ:356860)?TLB Co., Ltd ( KOSDAQ:356860 ), is not the largest company out there, but it saw a significant share price rise of 22...
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩28,200, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 13x in the Electronic industry in South Korea. Total returns to shareholders of 39% over the past three years.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩24,250, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Electronic industry in South Korea. Total returns to shareholders of 1.3% over the past three years.
Upcoming Dividend • Dec 20Upcoming dividend of ₩300 per share at 0.6% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (0.9%).
New Risk • Nov 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% 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 (28% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (2.9% net profit margin).
Major Estimate Revision • Nov 15Consensus EPS estimates fall by 58%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩181.0m to ₩170.1m. EPS estimate also fell from ₩928 per share to ₩388 per share. Net income forecast to shrink 45% next year vs 14% growth forecast for Electronic industry in South Korea . Consensus price target up from ₩26,750 to ₩29,500. Share price rose 9.7% to ₩26,000 over the past week.
Buying Opportunity • Aug 02Now 20% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be ₩28,886, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 8.5% in 2 years. Earnings is forecast to decline by 0.3% in the next 2 years.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩30,300, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Electronic industry in South Korea. Total returns to shareholders of 69% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩29,250 per share.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩26,150, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Electronic industry in South Korea. Total returns to shareholders of 24% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩26,577 per share.
New Risk • Jun 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 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 25%After last week's 25% share price gain to ₩22,900, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Electronic industry in South Korea. Total loss to shareholders of 4.3% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩26,042 per share.
Buying Opportunity • Apr 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.5%. The fair value is estimated to be ₩25,196, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings is also forecast to grow by 1.4% per annum over the same time period.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩21,000, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 26% over the past year.
Reported Earnings • Mar 24Full year 2022 earnings released: EPS: ₩3,108 (vs ₩1,262 in FY 2021)Full year 2022 results: EPS: ₩3,108 (up from ₩1,262 in FY 2021). Revenue: ₩221.5b (up 24% from FY 2021). Net income: ₩30.6b (up 146% from FY 2021). Profit margin: 14% (up from 7.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.3% p.a. on average during the next 2 years, while revenues in the Electronic industry in South Korea are expected to grow by 15%.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₩17,250, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Electronic industry in South Korea. Total loss to shareholders of 6.2% over the past year.
Upcoming Dividend • Dec 21Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 12 April 2023. Payout ratio is a comfortable 3.9% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.0%).
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩42,600, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Electronic industry in South Korea. Total returns to shareholders of 14% over the past year.
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₩34,950, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Electronic industry in South Korea. Total loss to shareholders of 11% over the past year.
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩37,800, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Electronic industry in South Korea. Negligible returns to shareholders over past year.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩38,850, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 18x in the Electronic industry in South Korea.
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩30,900, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 17x in the Electronic industry in South Korea.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩48,900, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 24x in the Electronic industry in South Korea.
分析記事 • Mar 17What Kind Of Investors Own Most Of TLB Co., Ltd (KOSDAQ:356860)?If you want to know who really controls TLB Co., Ltd ( KOSDAQ:356860 ), then you'll have to look at the makeup of its...