View ValuationPan Ocean 将来の成長Future 基準チェック /16Pan Ocean利益と収益がそれぞれ年間13.7%と4.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に7.1% 13.7%なると予測されています。主要情報13.7%収益成長率13.74%EPS成長率Shipping 収益成長-2.7%収益成長率4.1%将来の株主資本利益率7.12%アナリストカバレッジGood最終更新日04 Jun 2026今後の成長に関する最新情報Major Estimate Revision • May 08Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩5.69b to ₩5.89b. EPS estimate increased from ₩682 to ₩751 per share. Net income forecast to grow 33% next year vs 2.9% growth forecast for Shipping industry in South Korea. Consensus price target broadly unchanged at ₩6,320. Share price rose 7.9% to ₩5,980 over the past week.Price Target Changed • Apr 25Price target increased by 7.0% to ₩6,140Up from ₩5,736, the current price target is an average from 10 analysts. New target price is 9.1% above last closing price of ₩5,630. Stock is up 70% over the past year. The company is forecast to post earnings per share of ₩683 for next year compared to ₩564 last year.Price Target Changed • Feb 14Price target increased by 7.3% to ₩5,736Up from ₩5,345, the current price target is an average from 11 analysts. New target price is 13% above last closing price of ₩5,080. Stock is up 47% over the past year. The company is forecast to post earnings per share of ₩630 for next year compared to ₩502 last year.Major Estimate Revision • Aug 05Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ₩634 to ₩712. Revenue forecast steady at ₩5.63b. Net income forecast to grow 37% next year vs 5.2% decline forecast for Shipping industry in South Korea. Consensus price target of ₩5,218 unchanged from last update. Share price fell 2.8% to ₩4,120 over the past week.Major Estimate Revision • May 22Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩689 to ₩609. Revenue forecast unchanged from ₩4.60b at last update. Net income forecast to grow 89% next year vs 23% growth forecast for Shipping industry in South Korea. Consensus price target of ₩6,020 unchanged from last update. Share price fell 5.0% to ₩4,380 over the past week.Price Target Changed • Mar 17Price target increased by 7.9% to ₩6,120Up from ₩5,670, the current price target is an average from 10 analysts. New target price is 38% above last closing price of ₩4,450. Stock is down 22% over the past year. The company is forecast to post earnings per share of ₩699 for next year compared to ₩458 last year.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩5,000, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Shipping industry in Asia. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩5,385 per share.分析記事 • May 20What Is Pan Ocean Co., Ltd.'s (KRX:028670) Share Price Doing?Pan Ocean Co., Ltd. ( KRX:028670 ), might not be a large cap stock, but it received a lot of attention from a...Major Estimate Revision • May 08Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩5.69b to ₩5.89b. EPS estimate increased from ₩682 to ₩751 per share. Net income forecast to grow 33% next year vs 2.9% growth forecast for Shipping industry in South Korea. Consensus price target broadly unchanged at ₩6,320. Share price rose 7.9% to ₩5,980 over the past week.Price Target Changed • Apr 25Price target increased by 7.0% to ₩6,140Up from ₩5,736, the current price target is an average from 10 analysts. New target price is 9.1% above last closing price of ₩5,630. Stock is up 70% over the past year. The company is forecast to post earnings per share of ₩683 for next year compared to ₩564 last year.Reported Earnings • Mar 25Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: ₩564 (up from ₩502 in FY 2024). Revenue: ₩5.43t (up 5.3% from FY 2024). Net income: ₩301.4b (up 12% from FY 2024). Profit margin: 5.5% (up from 5.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩6,250, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Shipping industry in Asia. Total returns to shareholders of 10% over the past three years.Price Target Changed • Feb 14Price target increased by 7.3% to ₩5,736Up from ₩5,345, the current price target is an average from 11 analysts. New target price is 13% above last closing price of ₩5,080. Stock is up 47% over the past year. The company is forecast to post earnings per share of ₩630 for next year compared to ₩502 last year.お知らせ • Feb 13Pan Ocean Co., Ltd., Annual General Meeting, Mar 27, 2026Pan Ocean Co., Ltd., Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 19, myeongdong 11-gil, jung-gu, seoul South Korea分析記事 • Jan 31Many Still Looking Away From Pan Ocean Co., Ltd. (KRX:028670)With a price-to-earnings (or "P/E") ratio of 11.4x Pan Ocean Co., Ltd. ( KRX:028670 ) may be sending bullish signals at...分析記事 • Jan 13Investors Met With Slowing Returns on Capital At Pan Ocean (KRX:028670)There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Upcoming Dividend • Dec 22Upcoming dividend of ₩120 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of South Korean dividend payers (3.6%). In line with average of industry peers (3.0%).Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩4,375, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Shipping industry in Asia. Total loss to shareholders of 14% over the past three years.分析記事 • Nov 19We Think You Can Look Beyond Pan Ocean's (KRX:028670) Lackluster EarningsThe market for Pan Ocean Co., Ltd.'s ( KRX:028670 ) shares didn't move much after it posted weak earnings recently. We...New Risk • Nov 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.9% net profit margin).Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ₩109 (vs ₩245 in 3Q 2024)Third quarter 2025 results: EPS: ₩109 (down from ₩245 in 3Q 2024). Revenue: ₩1.27t (flat on 3Q 2024). Net income: ₩57.9b (down 56% from 3Q 2024). Profit margin: 4.6% (down from 10% in 3Q 2024). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.分析記事 • Nov 09Pan Ocean (KRX:028670) Is Paying Out A Dividend Of ₩120.00The board of Pan Ocean Co., Ltd. ( KRX:028670 ) has announced that it will pay a dividend on the 15th of April, with...Declared Dividend • Nov 08Dividend of ₩120 announcedDividend of ₩120 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 3.2%, which is lower than the industry average of 5.8%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 20% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Nov 07Pan Ocean Co., Ltd. announces Annual dividend, payable on April 15, 2026Pan Ocean Co., Ltd. announced Annual dividend of KRW 120.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.分析記事 • Oct 22Pan Ocean Co., Ltd.'s (KRX:028670) Prospects Need A Boost To Lift SharesWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 15x, you may consider Pan...分析記事 • Sep 10Returns On Capital At Pan Ocean (KRX:028670) Have Hit The BrakesTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₩229 (vs ₩205 in 2Q 2024)Second quarter 2025 results: EPS: ₩229 (up from ₩205 in 2Q 2024). Revenue: ₩1.29t (up 4.9% from 2Q 2024). Net income: ₩122.8b (up 12% from 2Q 2024). Profit margin: 9.5% (in line with 2Q 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.7% decline forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.分析記事 • Aug 08Is Pan Ocean (KRX:028670) Using Too Much Debt?KOSE:A028670 1 Year Share Price vs Fair Value Explore Pan Ocean's Fair Values from the Community and select yours Some...Major Estimate Revision • Aug 05Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ₩634 to ₩712. Revenue forecast steady at ₩5.63b. Net income forecast to grow 37% next year vs 5.2% decline forecast for Shipping industry in South Korea. Consensus price target of ₩5,218 unchanged from last update. Share price fell 2.8% to ₩4,120 over the past week.分析記事 • Jul 18Is It Time To Consider Buying Pan Ocean Co., Ltd. (KRX:028670)?Pan Ocean Co., Ltd. ( KRX:028670 ), might not be a large cap stock, but it led the KOSE gainers with a relatively large...分析記事 • Jun 30Pan Ocean Co., Ltd.'s (KRX:028670) Shares Not Telling The Full StoryWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 13x, you may consider Pan...分析記事 • May 12Slowing Rates Of Return At Pan Ocean (KRX:028670) Leave Little Room For ExcitementThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...分析記事 • Mar 25Pan Ocean's (KRX:028670) Earnings Seem To Be PromisingPan Ocean Co., Ltd.'s ( KRX:028670 ) solid earnings announcement recently didn't do much to the stock price. We did...Reported Earnings • Mar 19Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₩502 (up from ₩458 in FY 2023). Revenue: ₩5.16t (up 18% from FY 2023). Net income: ₩268.1b (up 9.4% from FY 2023). Profit margin: 5.2% (down from 5.6% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.9% decline forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.分析記事 • Mar 06Pan Ocean Co., Ltd.'s (KRX:028670) Business And Shares Still Trailing The MarketPan Ocean Co., Ltd.'s ( KRX:028670 ) price-to-earnings (or "P/E") ratio of 6.7x might make it look like a buy right now...お知らせ • Feb 12Pan Ocean Co., Ltd., Annual General Meeting, Mar 26, 2025Pan Ocean Co., Ltd., Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 464, cheongpa-ro, jung-gu, seoul South Korea分析記事 • Jan 23Is Pan Ocean (KRX:028670) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Upcoming Dividend • Dec 20Upcoming dividend of ₩85.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 15 April 2025. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (3.8%).分析記事 • Dec 02Here's What To Make Of Pan Ocean's (KRX:028670) Decelerating Rates Of ReturnDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Declared Dividend • Nov 21Dividend of ₩85.00 announcedShareholders will receive a dividend of ₩85.00. Ex-date: 27th December 2024 Payment date: 15th April 2025 Dividend yield will be 2.4%, which is lower than the industry average of 5.8%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 15% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: ₩245 (vs ₩45.00 in 3Q 2023)Third quarter 2024 results: EPS: ₩245 (up from ₩45.00 in 3Q 2023). Revenue: ₩1.28t (up 15% from 3Q 2023). Net income: ₩130.9b (up 435% from 3Q 2023). Profit margin: 10% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, while revenues in the Shipping industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩4,020, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Shipping industry in Asia. Total loss to shareholders of 44% over the past three years.分析記事 • Sep 25A Piece Of The Puzzle Missing From Pan Ocean Co., Ltd.'s (KRX:028670) Share PriceWith a median price-to-earnings (or "P/E") ratio of close to 11x in Korea, you could be forgiven for feeling...Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ₩205 (vs ₩172 in 2Q 2023)Second quarter 2024 results: EPS: ₩205 (up from ₩172 in 2Q 2023). Revenue: ₩1.23t (flat on 2Q 2023). Net income: ₩109.6b (up 19% from 2Q 2023). Profit margin: 8.9% (up from 7.5% in 2Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, while revenues in the Shipping industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.分析記事 • Aug 12Should You Investigate Pan Ocean Co., Ltd. (KRX:028670) At ₩3,690?Pan Ocean Co., Ltd. ( KRX:028670 ), might not be a large cap stock, but it received a lot of attention from a...分析記事 • Jul 05Pan Ocean (KRX:028670) Takes On Some Risk With Its Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Jun 14Pan Ocean Co., Ltd. (KRX:028670) Screens Well But There Might Be A CatchThere wouldn't be many who think Pan Ocean Co., Ltd.'s ( KRX:028670 ) price-to-earnings (or "P/E") ratio of 11.3x is...分析記事 • May 27Returns On Capital At Pan Ocean (KRX:028670) Have Hit The BrakesIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Major Estimate Revision • May 22Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩689 to ₩609. Revenue forecast unchanged from ₩4.60b at last update. Net income forecast to grow 89% next year vs 23% growth forecast for Shipping industry in South Korea. Consensus price target of ₩6,020 unchanged from last update. Share price fell 5.0% to ₩4,380 over the past week.New Risk • May 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.4% net profit margin).Reported Earnings • May 16First quarter 2024 earnings released: EPS: ₩113 (vs ₩212 in 1Q 2023)First quarter 2024 results: EPS: ₩113 (down from ₩212 in 1Q 2023). Revenue: ₩975.5b (down 2.1% from 1Q 2023). Net income: ₩60.4b (down 47% from 1Q 2023). Profit margin: 6.2% (down from 11% in 1Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩4,820, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Shipping industry in Asia. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩9,381 per share.分析記事 • May 08Is There Now An Opportunity In Pan Ocean Co., Ltd. (KRX:028670)?Pan Ocean Co., Ltd. ( KRX:028670 ), might not be a large cap stock, but it led the KOSE gainers with a relatively large...分析記事 • Mar 20Some Investors May Be Willing To Look Past Pan Ocean's (KRX:028670) Soft EarningsShareholders appeared unconcerned with Pan Ocean Co., Ltd.'s ( KRX:028670 ) lackluster earnings report last week. We...分析記事 • Mar 18Here's Why Pan Ocean (KRX:028670) Has A Meaningful Debt BurdenThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Price Target Changed • Mar 17Price target increased by 7.9% to ₩6,120Up from ₩5,670, the current price target is an average from 10 analysts. New target price is 38% above last closing price of ₩4,450. Stock is down 22% over the past year. The company is forecast to post earnings per share of ₩699 for next year compared to ₩458 last year.Price Target Changed • Jun 14Price target decreased by 8.3% to ₩7,613Down from ₩8,300, the current price target is an average from 8 analysts. New target price is 47% above last closing price of ₩5,180. Stock is down 20% over the past year. The company is forecast to post earnings per share of ₩1,015 for next year compared to ₩1,267 last year.お知らせ • May 04Pan Ocean Co., Ltd. to Report Q1, 2022 Results on May 11, 2022Pan Ocean Co., Ltd. announced that they will report Q1, 2022 results at 3:00 PM, Korea Standard Time on May 11, 2022お知らせ • Feb 11+ 1 more updatePan Ocean Co., Ltd. Proposes Dividend for the Financial Year Ended 31 December 2021Pan Ocean Co., Ltd. (‘the Company’) announced that the company's Board of Directors has authorized a dividend of SGD 0.112 per ordinary share less income tax of 22% for the financial year ended 31 December 2021. Dividend payments will be made to only those shareholders who were shareholders of record at the close of business on December 31, 2021, as listed on the shareholders' registry on the record date. Dividend payments are subject to approval and ratification by a vote of shareholders at the Annual General Meeting of Shareholders (‘AGM’) will be held on 29 March 2022 and will be made within 30 days of the date of the AGM. The Company scheduled the remittance of the total amount of dividends to each of Korea Securities Depository (KSD) and The Central Depository (Pte) Limited (CDP) as soon as each party finishes the process of deducting withholding tax. All the shareholders entitled to dividends in both Korea and Singapore shall receive their net dividend payment by 29 April 2022.お知らせ • Jun 15Pan Ocean Proposes Delisting from SGXBULK shipping company Pan Ocean Co., Ltd. and its South Korean parent company Harim Holdings Co. on June 14, 2021 morning proposed to seek a voluntary delisting of the former's issued ordinary shares in the capital of the company from the official list of the Singapore Exchange. In connection with the delisting, RHT Capital intends to make, for and on behalf of Harim, a conditional cash exit offer for all the shares which are registered on the register of shareholders in Singapore, up to a maximum of 206,896 shares, at an exit offer price of SGD 8.70 per share in cash. This represents a premium, as the last transacted price of its shares was SGD 8 on May 10, its last trading day. The delisting is not a privatisation exercise, Pan Ocean said in the joint June 14, 2021 announcement. The company intends to maintain its primary listing on the Korea Exchange (KRX), and Singapore registered shareholders can elect to have their shares transferred from the Singapore branch register to the South Korea register if they wish. The exit offer will not be extended to the shareholders of the company whose shares are registered on the company's principal register of shareholders in South Korea. In the announcement, Pan Ocean and Harim said that in maintaining the dual listing, Pan Ocean incurs costs that could be focused on business operations. The delisting is subject to the approval of the SGX and both the delisting and exit offer will be conditional on the obtaining of shareholders' approval at an extraordinary general meeting.Price Target Changed • May 20Price target increased to ₩7,425Up from ₩6,833, the current price target is an average from 12 analysts. New target price is 7.1% above last closing price of ₩6,930. Stock is up 92% over the past year.Major Estimate Revision • May 15Consensus EPS estimates increase to US$0.46The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from US$2.50m to US$2.57m. EPS estimate increased from US$0.33 to US$0.46 per share. Net income forecast to grow 215% next year vs 44% growth forecast for Shipping industry in South Korea. Consensus price target broadly unchanged at ₩6,950. Share price fell 7.7% to ₩6,870 over the past week.分析記事 • May 01Calculating The Fair Value Of Pan Ocean Co., Ltd. (KRX:028670)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Pan Ocean Co., Ltd...Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to US$7,400, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 10x in the Shipping industry in Asia. Total returns to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩7,997 per share.Price Target Changed • Apr 05Price target increased to ₩6,458Up from ₩6,027, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of ₩6,210. Stock is up 94% over the past year.分析記事 • Mar 28Is Pan Ocean (KRX:028670) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Mar 14Returns On Capital At Pan Ocean (KRX:028670) Paint An Interesting PictureIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...分析記事 • Mar 01What Makes Pan Ocean Co., Ltd. (KRX:028670) A Great Dividend Stock?Today we'll take a closer look at Pan Ocean Co., Ltd. ( KRX:028670 ) from a dividend investor's perspective. Owning a...Reported Earnings • Feb 27Full year 2020 earnings released: EPS US$0.15 (vs US$0.24 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: US$2.12b (flat on FY 2019). Net income: US$78.4m (down 40% from FY 2019). Profit margin: 3.7% (down from 6.2% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$5,720, the stock is trading at a trailing P/E ratio of 24.2x, up from the previous P/E ratio of 20.8x. This compares to an average P/E of 20x in the Shipping industry in South Korea. Total return to shareholders over the past three years is a loss of 5.7%.Is New 90 Day High Low • Feb 22New 90-day high: ₩5,720The company is up 37% from its price of ₩4,185 on 24 November 2020. The South Korean market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩2,883 per share.分析記事 • Feb 14Did You Miss Pan Ocean's (KRX:028670) 53% Share Price Gain?The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...お知らせ • Feb 10Pan Ocean Co., Ltd., Annual General Meeting, Mar 30, 2021Pan Ocean Co., Ltd., Annual General Meeting, Mar 30, 2021, at 10:00 Korea Standard Time. Agenda: To receive and adopt the Audited Financial Statements of the Company for the year ended 31 December 2020; To approve the appointment of an independent director/a member of the Audit Committee of the Company; To approve the ceiling on remuneration for directors of year 2021; and To approve the renewal of the Interested Person Transactions Mandate.分析記事 • Feb 01Should You Investigate Pan Ocean Co., Ltd. (KRX:028670) At ₩4,625?While Pan Ocean Co., Ltd. ( KRX:028670 ) might not be the most widely known stock at the moment, it received a lot of...分析記事 • Jan 19Do Institutions Own Pan Ocean Co., Ltd. (KRX:028670) Shares?If you want to know who really controls Pan Ocean Co., Ltd. ( KRX:028670 ), then you'll have to look at the makeup of...分析記事 • Jan 06Do Its Financials Have Any Role To Play In Driving Pan Ocean Co., Ltd.'s (KRX:028670) Stock Up Recently?Most readers would already be aware that Pan Ocean's (KRX:028670) stock increased significantly by 30% over the past...分析記事 • Dec 24We Think Pan Ocean (KRX:028670) 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...Is New 90 Day High Low • Dec 21New 90-day high: ₩4,625The company is up 41% from its price of ₩3,275 on 22 September 2020. The South Korean market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 60% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩4,411 per share.お知らせ • Dec 16Pan Ocean Co., Ltd. Enter into Time Charter Contract of Two LNG Carriers with Shell Tankers Singapore Private LimitedPan Ocean Co., Ltd. announced that the Company has entered into a Time Charter Contract of two LNG Carriers with Shell Tankers Singapore Private Limited("Shell") on 15 December 2020 at estimated total sales of approximately USD 306 million. The Contract will start from September 2024 and firm duration is 7 years and Shell has 2 extension options during contract period so that total duration would be 13 years depending on Shell's decision.分析記事 • Dec 09Should You Be Impressed By Pan Ocean's (KRX:028670) Returns on Capital?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Nov 24Estimating The Fair Value Of Pan Ocean Co., Ltd. (KRX:028670)How far off is Pan Ocean Co., Ltd. (KRX:028670) from its intrinsic value? Using the most recent financial data, we'll...Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS US$0.068The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$533.8m (down 6.8% from 3Q 2019). Net income: US$35.3m (down 24% from 3Q 2019). Profit margin: 6.6% (down from 8.1% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Nov 09New 90-day high: ₩4,220The company is up 13% from its price of ₩3,720 on 11 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩8,096 per share.Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 18% share price gain to US$4,220, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 13.7x. This compares to an average P/E of 11x in the Shipping industry in South Korea. Total return to shareholders over the past three years is a loss of 13%.お知らせ • Oct 29Pan Ocean Co., Ltd. to Report Q3, 2020 Results on Nov 03, 2020Pan Ocean Co., Ltd. announced that they will report Q3, 2020 results on Nov 03, 2020業績と収益の成長予測KOSE:A028670 - アナリストの将来予測と過去の財務データ ( )KRW Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20286,259,775485,250224,7171,031,371812/31/20276,077,513440,350488,300973,100812/31/20265,915,038397,15798,360922,02983/31/20265,548,367323,900477,564737,832N/A12/31/20255,432,888301,407480,465702,652N/A9/30/20255,632,039219,861517,288744,805N/A6/30/20255,639,371292,875338,266677,145N/A3/31/20255,579,149279,726429,212739,245N/A12/31/20245,161,218268,143291,036676,168N/A9/30/20244,513,929316,473318,064740,047N/A6/30/20244,348,739210,028300,529725,682N/A3/31/20244,340,058192,310258,615640,906N/A12/31/20234,360,982245,041434,194750,792N/A9/30/20234,753,496352,148517,905802,351N/A6/30/20235,478,430494,451773,2571,098,199N/A3/31/20235,975,857627,381992,6471,332,921N/A12/31/20226,420,312677,0811,064,9321,410,763N/A9/30/20226,477,633779,0821,208,5321,528,915N/A6/30/20225,969,302791,307988,1721,285,336N/A3/31/20225,377,077657,556750,1561,034,368N/A12/31/20214,616,107549,305433,894767,687N/A9/30/20213,790,761312,845157,109492,241N/A6/30/20213,037,626174,29585,232401,323N/A3/31/20212,536,742122,52577,359393,203N/A12/31/20202,300,91285,257166,149433,513N/A9/30/20202,435,726131,669179,234454,053N/A6/30/20202,553,086148,631198,057473,571N/A3/31/20202,571,764147,390169,510389,017N/A12/31/20192,446,398150,557N/A401,253N/A9/30/20192,600,510162,716N/A369,465N/A6/30/20192,645,729148,634N/A359,028N/A3/31/20192,699,359150,192N/A328,570N/A12/31/20182,699,954154,215N/A271,246N/A9/30/20182,646,329168,394N/A308,223N/A6/30/20182,462,449167,264N/A264,360N/A3/31/20182,270,397140,598N/A243,011N/A12/31/20172,203,615134,936N/A246,761N/A9/30/20172,258,34967,620N/A180,402N/A6/30/20172,141,28651,972N/A173,947N/A3/31/20171,891,07456,116N/A195,578N/A12/31/20161,951,521100,994N/A261,683N/A9/30/20161,773,295169,384N/A291,253N/A6/30/20161,869,507200,290N/A231,060N/A3/31/20161,839,528-6,990N/A262,628N/A12/31/20151,889,01841,585N/A310,069N/A9/30/20151,876,189223,344N/A388,168N/A6/30/20151,724,184378,754N/A498,803N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: A028670の予測収益成長率 (年間13.7% ) は 貯蓄率 ( 3.1% ) を上回っています。収益対市場: A028670の収益 ( 13.7% ) KR市場 ( 33.2% ) よりも低い成長が予測されています。高成長収益: A028670の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: A028670の収益 ( 4.1% ) KR市場 ( 16.3% ) よりも低い成長が予測されています。高い収益成長: A028670の収益 ( 4.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: A028670の 自己資本利益率 は、3年後には低くなると予測されています ( 7.1 %)。成長企業の発掘7D1Y7D1Y7D1YTransportation 業界の高成長企業。View Past Performance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2026/06/15 04:07終値2026/06/15 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Pan Ocean Co., Ltd. 8 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。26 アナリスト機関Nathan GeeBofA Global ResearchKok Hoe YapCGS InternationalRigan WongCitigroup Inc23 その他のアナリストを表示
Major Estimate Revision • May 08Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩5.69b to ₩5.89b. EPS estimate increased from ₩682 to ₩751 per share. Net income forecast to grow 33% next year vs 2.9% growth forecast for Shipping industry in South Korea. Consensus price target broadly unchanged at ₩6,320. Share price rose 7.9% to ₩5,980 over the past week.
Price Target Changed • Apr 25Price target increased by 7.0% to ₩6,140Up from ₩5,736, the current price target is an average from 10 analysts. New target price is 9.1% above last closing price of ₩5,630. Stock is up 70% over the past year. The company is forecast to post earnings per share of ₩683 for next year compared to ₩564 last year.
Price Target Changed • Feb 14Price target increased by 7.3% to ₩5,736Up from ₩5,345, the current price target is an average from 11 analysts. New target price is 13% above last closing price of ₩5,080. Stock is up 47% over the past year. The company is forecast to post earnings per share of ₩630 for next year compared to ₩502 last year.
Major Estimate Revision • Aug 05Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ₩634 to ₩712. Revenue forecast steady at ₩5.63b. Net income forecast to grow 37% next year vs 5.2% decline forecast for Shipping industry in South Korea. Consensus price target of ₩5,218 unchanged from last update. Share price fell 2.8% to ₩4,120 over the past week.
Major Estimate Revision • May 22Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩689 to ₩609. Revenue forecast unchanged from ₩4.60b at last update. Net income forecast to grow 89% next year vs 23% growth forecast for Shipping industry in South Korea. Consensus price target of ₩6,020 unchanged from last update. Share price fell 5.0% to ₩4,380 over the past week.
Price Target Changed • Mar 17Price target increased by 7.9% to ₩6,120Up from ₩5,670, the current price target is an average from 10 analysts. New target price is 38% above last closing price of ₩4,450. Stock is down 22% over the past year. The company is forecast to post earnings per share of ₩699 for next year compared to ₩458 last year.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩5,000, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Shipping industry in Asia. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩5,385 per share.
分析記事 • May 20What Is Pan Ocean Co., Ltd.'s (KRX:028670) Share Price Doing?Pan Ocean Co., Ltd. ( KRX:028670 ), might not be a large cap stock, but it received a lot of attention from a...
Major Estimate Revision • May 08Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩5.69b to ₩5.89b. EPS estimate increased from ₩682 to ₩751 per share. Net income forecast to grow 33% next year vs 2.9% growth forecast for Shipping industry in South Korea. Consensus price target broadly unchanged at ₩6,320. Share price rose 7.9% to ₩5,980 over the past week.
Price Target Changed • Apr 25Price target increased by 7.0% to ₩6,140Up from ₩5,736, the current price target is an average from 10 analysts. New target price is 9.1% above last closing price of ₩5,630. Stock is up 70% over the past year. The company is forecast to post earnings per share of ₩683 for next year compared to ₩564 last year.
Reported Earnings • Mar 25Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: ₩564 (up from ₩502 in FY 2024). Revenue: ₩5.43t (up 5.3% from FY 2024). Net income: ₩301.4b (up 12% from FY 2024). Profit margin: 5.5% (up from 5.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩6,250, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Shipping industry in Asia. Total returns to shareholders of 10% over the past three years.
Price Target Changed • Feb 14Price target increased by 7.3% to ₩5,736Up from ₩5,345, the current price target is an average from 11 analysts. New target price is 13% above last closing price of ₩5,080. Stock is up 47% over the past year. The company is forecast to post earnings per share of ₩630 for next year compared to ₩502 last year.
お知らせ • Feb 13Pan Ocean Co., Ltd., Annual General Meeting, Mar 27, 2026Pan Ocean Co., Ltd., Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 19, myeongdong 11-gil, jung-gu, seoul South Korea
分析記事 • Jan 31Many Still Looking Away From Pan Ocean Co., Ltd. (KRX:028670)With a price-to-earnings (or "P/E") ratio of 11.4x Pan Ocean Co., Ltd. ( KRX:028670 ) may be sending bullish signals at...
分析記事 • Jan 13Investors Met With Slowing Returns on Capital At Pan Ocean (KRX:028670)There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Upcoming Dividend • Dec 22Upcoming dividend of ₩120 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of South Korean dividend payers (3.6%). In line with average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩4,375, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Shipping industry in Asia. Total loss to shareholders of 14% over the past three years.
分析記事 • Nov 19We Think You Can Look Beyond Pan Ocean's (KRX:028670) Lackluster EarningsThe market for Pan Ocean Co., Ltd.'s ( KRX:028670 ) shares didn't move much after it posted weak earnings recently. We...
New Risk • Nov 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.9% net profit margin).
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ₩109 (vs ₩245 in 3Q 2024)Third quarter 2025 results: EPS: ₩109 (down from ₩245 in 3Q 2024). Revenue: ₩1.27t (flat on 3Q 2024). Net income: ₩57.9b (down 56% from 3Q 2024). Profit margin: 4.6% (down from 10% in 3Q 2024). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
分析記事 • Nov 09Pan Ocean (KRX:028670) Is Paying Out A Dividend Of ₩120.00The board of Pan Ocean Co., Ltd. ( KRX:028670 ) has announced that it will pay a dividend on the 15th of April, with...
Declared Dividend • Nov 08Dividend of ₩120 announcedDividend of ₩120 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 3.2%, which is lower than the industry average of 5.8%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 20% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Nov 07Pan Ocean Co., Ltd. announces Annual dividend, payable on April 15, 2026Pan Ocean Co., Ltd. announced Annual dividend of KRW 120.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
分析記事 • Oct 22Pan Ocean Co., Ltd.'s (KRX:028670) Prospects Need A Boost To Lift SharesWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 15x, you may consider Pan...
分析記事 • Sep 10Returns On Capital At Pan Ocean (KRX:028670) Have Hit The BrakesTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ₩229 (vs ₩205 in 2Q 2024)Second quarter 2025 results: EPS: ₩229 (up from ₩205 in 2Q 2024). Revenue: ₩1.29t (up 4.9% from 2Q 2024). Net income: ₩122.8b (up 12% from 2Q 2024). Profit margin: 9.5% (in line with 2Q 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.7% decline forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
分析記事 • Aug 08Is Pan Ocean (KRX:028670) Using Too Much Debt?KOSE:A028670 1 Year Share Price vs Fair Value Explore Pan Ocean's Fair Values from the Community and select yours Some...
Major Estimate Revision • Aug 05Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ₩634 to ₩712. Revenue forecast steady at ₩5.63b. Net income forecast to grow 37% next year vs 5.2% decline forecast for Shipping industry in South Korea. Consensus price target of ₩5,218 unchanged from last update. Share price fell 2.8% to ₩4,120 over the past week.
分析記事 • Jul 18Is It Time To Consider Buying Pan Ocean Co., Ltd. (KRX:028670)?Pan Ocean Co., Ltd. ( KRX:028670 ), might not be a large cap stock, but it led the KOSE gainers with a relatively large...
分析記事 • Jun 30Pan Ocean Co., Ltd.'s (KRX:028670) Shares Not Telling The Full StoryWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 13x, you may consider Pan...
分析記事 • May 12Slowing Rates Of Return At Pan Ocean (KRX:028670) Leave Little Room For ExcitementThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
分析記事 • Mar 25Pan Ocean's (KRX:028670) Earnings Seem To Be PromisingPan Ocean Co., Ltd.'s ( KRX:028670 ) solid earnings announcement recently didn't do much to the stock price. We did...
Reported Earnings • Mar 19Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ₩502 (up from ₩458 in FY 2023). Revenue: ₩5.16t (up 18% from FY 2023). Net income: ₩268.1b (up 9.4% from FY 2023). Profit margin: 5.2% (down from 5.6% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.9% decline forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 06Pan Ocean Co., Ltd.'s (KRX:028670) Business And Shares Still Trailing The MarketPan Ocean Co., Ltd.'s ( KRX:028670 ) price-to-earnings (or "P/E") ratio of 6.7x might make it look like a buy right now...
お知らせ • Feb 12Pan Ocean Co., Ltd., Annual General Meeting, Mar 26, 2025Pan Ocean Co., Ltd., Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 464, cheongpa-ro, jung-gu, seoul South Korea
分析記事 • Jan 23Is Pan Ocean (KRX:028670) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Upcoming Dividend • Dec 20Upcoming dividend of ₩85.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 15 April 2025. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (3.8%).
分析記事 • Dec 02Here's What To Make Of Pan Ocean's (KRX:028670) Decelerating Rates Of ReturnDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Declared Dividend • Nov 21Dividend of ₩85.00 announcedShareholders will receive a dividend of ₩85.00. Ex-date: 27th December 2024 Payment date: 15th April 2025 Dividend yield will be 2.4%, which is lower than the industry average of 5.8%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 15% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: ₩245 (vs ₩45.00 in 3Q 2023)Third quarter 2024 results: EPS: ₩245 (up from ₩45.00 in 3Q 2023). Revenue: ₩1.28t (up 15% from 3Q 2023). Net income: ₩130.9b (up 435% from 3Q 2023). Profit margin: 10% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, while revenues in the Shipping industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩4,020, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Shipping industry in Asia. Total loss to shareholders of 44% over the past three years.
分析記事 • Sep 25A Piece Of The Puzzle Missing From Pan Ocean Co., Ltd.'s (KRX:028670) Share PriceWith a median price-to-earnings (or "P/E") ratio of close to 11x in Korea, you could be forgiven for feeling...
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ₩205 (vs ₩172 in 2Q 2023)Second quarter 2024 results: EPS: ₩205 (up from ₩172 in 2Q 2023). Revenue: ₩1.23t (flat on 2Q 2023). Net income: ₩109.6b (up 19% from 2Q 2023). Profit margin: 8.9% (up from 7.5% in 2Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, while revenues in the Shipping industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
分析記事 • Aug 12Should You Investigate Pan Ocean Co., Ltd. (KRX:028670) At ₩3,690?Pan Ocean Co., Ltd. ( KRX:028670 ), might not be a large cap stock, but it received a lot of attention from a...
分析記事 • Jul 05Pan Ocean (KRX:028670) Takes On Some Risk With Its Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Jun 14Pan Ocean Co., Ltd. (KRX:028670) Screens Well But There Might Be A CatchThere wouldn't be many who think Pan Ocean Co., Ltd.'s ( KRX:028670 ) price-to-earnings (or "P/E") ratio of 11.3x is...
分析記事 • May 27Returns On Capital At Pan Ocean (KRX:028670) Have Hit The BrakesIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Major Estimate Revision • May 22Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩689 to ₩609. Revenue forecast unchanged from ₩4.60b at last update. Net income forecast to grow 89% next year vs 23% growth forecast for Shipping industry in South Korea. Consensus price target of ₩6,020 unchanged from last update. Share price fell 5.0% to ₩4,380 over the past week.
New Risk • May 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.4% net profit margin).
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ₩113 (vs ₩212 in 1Q 2023)First quarter 2024 results: EPS: ₩113 (down from ₩212 in 1Q 2023). Revenue: ₩975.5b (down 2.1% from 1Q 2023). Net income: ₩60.4b (down 47% from 1Q 2023). Profit margin: 6.2% (down from 11% in 1Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Shipping industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩4,820, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Shipping industry in Asia. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩9,381 per share.
分析記事 • May 08Is There Now An Opportunity In Pan Ocean Co., Ltd. (KRX:028670)?Pan Ocean Co., Ltd. ( KRX:028670 ), might not be a large cap stock, but it led the KOSE gainers with a relatively large...
分析記事 • Mar 20Some Investors May Be Willing To Look Past Pan Ocean's (KRX:028670) Soft EarningsShareholders appeared unconcerned with Pan Ocean Co., Ltd.'s ( KRX:028670 ) lackluster earnings report last week. We...
分析記事 • Mar 18Here's Why Pan Ocean (KRX:028670) Has A Meaningful Debt BurdenThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Price Target Changed • Mar 17Price target increased by 7.9% to ₩6,120Up from ₩5,670, the current price target is an average from 10 analysts. New target price is 38% above last closing price of ₩4,450. Stock is down 22% over the past year. The company is forecast to post earnings per share of ₩699 for next year compared to ₩458 last year.
Price Target Changed • Jun 14Price target decreased by 8.3% to ₩7,613Down from ₩8,300, the current price target is an average from 8 analysts. New target price is 47% above last closing price of ₩5,180. Stock is down 20% over the past year. The company is forecast to post earnings per share of ₩1,015 for next year compared to ₩1,267 last year.
お知らせ • May 04Pan Ocean Co., Ltd. to Report Q1, 2022 Results on May 11, 2022Pan Ocean Co., Ltd. announced that they will report Q1, 2022 results at 3:00 PM, Korea Standard Time on May 11, 2022
お知らせ • Feb 11+ 1 more updatePan Ocean Co., Ltd. Proposes Dividend for the Financial Year Ended 31 December 2021Pan Ocean Co., Ltd. (‘the Company’) announced that the company's Board of Directors has authorized a dividend of SGD 0.112 per ordinary share less income tax of 22% for the financial year ended 31 December 2021. Dividend payments will be made to only those shareholders who were shareholders of record at the close of business on December 31, 2021, as listed on the shareholders' registry on the record date. Dividend payments are subject to approval and ratification by a vote of shareholders at the Annual General Meeting of Shareholders (‘AGM’) will be held on 29 March 2022 and will be made within 30 days of the date of the AGM. The Company scheduled the remittance of the total amount of dividends to each of Korea Securities Depository (KSD) and The Central Depository (Pte) Limited (CDP) as soon as each party finishes the process of deducting withholding tax. All the shareholders entitled to dividends in both Korea and Singapore shall receive their net dividend payment by 29 April 2022.
お知らせ • Jun 15Pan Ocean Proposes Delisting from SGXBULK shipping company Pan Ocean Co., Ltd. and its South Korean parent company Harim Holdings Co. on June 14, 2021 morning proposed to seek a voluntary delisting of the former's issued ordinary shares in the capital of the company from the official list of the Singapore Exchange. In connection with the delisting, RHT Capital intends to make, for and on behalf of Harim, a conditional cash exit offer for all the shares which are registered on the register of shareholders in Singapore, up to a maximum of 206,896 shares, at an exit offer price of SGD 8.70 per share in cash. This represents a premium, as the last transacted price of its shares was SGD 8 on May 10, its last trading day. The delisting is not a privatisation exercise, Pan Ocean said in the joint June 14, 2021 announcement. The company intends to maintain its primary listing on the Korea Exchange (KRX), and Singapore registered shareholders can elect to have their shares transferred from the Singapore branch register to the South Korea register if they wish. The exit offer will not be extended to the shareholders of the company whose shares are registered on the company's principal register of shareholders in South Korea. In the announcement, Pan Ocean and Harim said that in maintaining the dual listing, Pan Ocean incurs costs that could be focused on business operations. The delisting is subject to the approval of the SGX and both the delisting and exit offer will be conditional on the obtaining of shareholders' approval at an extraordinary general meeting.
Price Target Changed • May 20Price target increased to ₩7,425Up from ₩6,833, the current price target is an average from 12 analysts. New target price is 7.1% above last closing price of ₩6,930. Stock is up 92% over the past year.
Major Estimate Revision • May 15Consensus EPS estimates increase to US$0.46The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from US$2.50m to US$2.57m. EPS estimate increased from US$0.33 to US$0.46 per share. Net income forecast to grow 215% next year vs 44% growth forecast for Shipping industry in South Korea. Consensus price target broadly unchanged at ₩6,950. Share price fell 7.7% to ₩6,870 over the past week.
分析記事 • May 01Calculating The Fair Value Of Pan Ocean Co., Ltd. (KRX:028670)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Pan Ocean Co., Ltd...
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to US$7,400, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 10x in the Shipping industry in Asia. Total returns to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩7,997 per share.
Price Target Changed • Apr 05Price target increased to ₩6,458Up from ₩6,027, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of ₩6,210. Stock is up 94% over the past year.
分析記事 • Mar 28Is Pan Ocean (KRX:028670) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Mar 14Returns On Capital At Pan Ocean (KRX:028670) Paint An Interesting PictureIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
分析記事 • Mar 01What Makes Pan Ocean Co., Ltd. (KRX:028670) A Great Dividend Stock?Today we'll take a closer look at Pan Ocean Co., Ltd. ( KRX:028670 ) from a dividend investor's perspective. Owning a...
Reported Earnings • Feb 27Full year 2020 earnings released: EPS US$0.15 (vs US$0.24 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: US$2.12b (flat on FY 2019). Net income: US$78.4m (down 40% from FY 2019). Profit margin: 3.7% (down from 6.2% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$5,720, the stock is trading at a trailing P/E ratio of 24.2x, up from the previous P/E ratio of 20.8x. This compares to an average P/E of 20x in the Shipping industry in South Korea. Total return to shareholders over the past three years is a loss of 5.7%.
Is New 90 Day High Low • Feb 22New 90-day high: ₩5,720The company is up 37% from its price of ₩4,185 on 24 November 2020. The South Korean market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩2,883 per share.
分析記事 • Feb 14Did You Miss Pan Ocean's (KRX:028670) 53% Share Price Gain?The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...
お知らせ • Feb 10Pan Ocean Co., Ltd., Annual General Meeting, Mar 30, 2021Pan Ocean Co., Ltd., Annual General Meeting, Mar 30, 2021, at 10:00 Korea Standard Time. Agenda: To receive and adopt the Audited Financial Statements of the Company for the year ended 31 December 2020; To approve the appointment of an independent director/a member of the Audit Committee of the Company; To approve the ceiling on remuneration for directors of year 2021; and To approve the renewal of the Interested Person Transactions Mandate.
分析記事 • Feb 01Should You Investigate Pan Ocean Co., Ltd. (KRX:028670) At ₩4,625?While Pan Ocean Co., Ltd. ( KRX:028670 ) might not be the most widely known stock at the moment, it received a lot of...
分析記事 • Jan 19Do Institutions Own Pan Ocean Co., Ltd. (KRX:028670) Shares?If you want to know who really controls Pan Ocean Co., Ltd. ( KRX:028670 ), then you'll have to look at the makeup of...
分析記事 • Jan 06Do Its Financials Have Any Role To Play In Driving Pan Ocean Co., Ltd.'s (KRX:028670) Stock Up Recently?Most readers would already be aware that Pan Ocean's (KRX:028670) stock increased significantly by 30% over the past...
分析記事 • Dec 24We Think Pan Ocean (KRX:028670) 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...
Is New 90 Day High Low • Dec 21New 90-day high: ₩4,625The company is up 41% from its price of ₩3,275 on 22 September 2020. The South Korean market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 60% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩4,411 per share.
お知らせ • Dec 16Pan Ocean Co., Ltd. Enter into Time Charter Contract of Two LNG Carriers with Shell Tankers Singapore Private LimitedPan Ocean Co., Ltd. announced that the Company has entered into a Time Charter Contract of two LNG Carriers with Shell Tankers Singapore Private Limited("Shell") on 15 December 2020 at estimated total sales of approximately USD 306 million. The Contract will start from September 2024 and firm duration is 7 years and Shell has 2 extension options during contract period so that total duration would be 13 years depending on Shell's decision.
分析記事 • Dec 09Should You Be Impressed By Pan Ocean's (KRX:028670) Returns on Capital?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Nov 24Estimating The Fair Value Of Pan Ocean Co., Ltd. (KRX:028670)How far off is Pan Ocean Co., Ltd. (KRX:028670) from its intrinsic value? Using the most recent financial data, we'll...
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS US$0.068The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$533.8m (down 6.8% from 3Q 2019). Net income: US$35.3m (down 24% from 3Q 2019). Profit margin: 6.6% (down from 8.1% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Nov 09New 90-day high: ₩4,220The company is up 13% from its price of ₩3,720 on 11 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩8,096 per share.
Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 18% share price gain to US$4,220, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 13.7x. This compares to an average P/E of 11x in the Shipping industry in South Korea. Total return to shareholders over the past three years is a loss of 13%.
お知らせ • Oct 29Pan Ocean Co., Ltd. to Report Q3, 2020 Results on Nov 03, 2020Pan Ocean Co., Ltd. announced that they will report Q3, 2020 results on Nov 03, 2020