View Future GrowthE1 과거 순이익 실적과거 기준 점검 1/6E1의 수입은 연평균 -5.9%의 비율로 감소해 온 반면, Oil and Gas 산업은 수입이 연평균 1.2% 감소했습니다. 매출은 연평균 18.3%의 비율로 증가해 왔습니다. E1의 자기자본이익률은 4.9%이고 순이익률은 1%입니다.핵심 정보-5.94%순이익 성장률-5.94%주당순이익(EPS) 성장률Oil and Gas 산업 성장률26.24%매출 성장률18.33%자기자본이익률4.92%순이익률1.01%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트분석 기사 • May 28E1's (KRX:017940) Shareholders Have More To Worry About Than Lackluster EarningsThe recent earnings release from E1 Corporation ( KRX:017940 ) was disappointing to investors. We think there is more...Reported Earnings • Mar 25Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: ₩18,124 (up from ₩12,103 in FY 2024). Revenue: ₩10t (down 7.1% from FY 2024). Net income: ₩104.8b (up 50% from FY 2024). Profit margin: 1.0% (up from 0.6% in FY 2024). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Oil and Gas industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.분석 기사 • Nov 24E1's (KRX:017940) Anemic Earnings Might Be Worse Than You ThinkThe subdued market reaction suggests that E1 Corporation's ( KRX:017940 ) recent earnings didn't contain any surprises...분석 기사 • Mar 27We Think That There Are More Issues For E1 (KRX:017940) Than Just Sluggish EarningsA lackluster earnings announcement from E1 Corporation ( KRX:017940 ) last week didn't sink the stock price. We think...분석 기사 • Mar 28We Think You Should Be Aware Of Some Concerning Factors In E1's (KRX:017940) EarningsThe recent earnings posted by E1 Corporation ( KRX:017940 ) were solid, but the stock didn't move as much as we...Reported Earnings • Mar 19Full year 2022 earnings released: EPS: ₩24,536 (vs ₩22,789 in FY 2021)Full year 2022 results: EPS: ₩24,536 (up from ₩22,789 in FY 2021). Revenue: ₩7.99t (up 55% from FY 2021). Net income: ₩141.9b (up 7.7% from FY 2021). Profit margin: 1.8% (down from 2.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updates분석 기사 • May 28E1's (KRX:017940) Shareholders Have More To Worry About Than Lackluster EarningsThe recent earnings release from E1 Corporation ( KRX:017940 ) was disappointing to investors. We think there is more...New Risk • May 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.5% 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 Risk Debt is not well covered by operating cash flow (3.5% operating cash flow to total debt). 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.Reported Earnings • Mar 25Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: ₩18,124 (up from ₩12,103 in FY 2024). Revenue: ₩10t (down 7.1% from FY 2024). Net income: ₩104.8b (up 50% from FY 2024). Profit margin: 1.0% (up from 0.6% in FY 2024). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Oil and Gas industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩110,800, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Oil and Gas industry in South Korea. Total returns to shareholders of 183% over the past three years.공시 • Mar 13E1 Corporation, Annual General Meeting, Mar 27, 2026E1 Corporation, Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 92, hangang-daero, yongsan-gu, seoul South KoreaValuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩101,300, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Oil and Gas industry in South Korea. Total returns to shareholders of 142% over the past three years.분석 기사 • Feb 04E1 Corporation's (KRX:017940) Shares Not Telling The Full StoryWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 15x, you may consider E1...Major Estimate Revision • Jan 13Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩11.1b to ₩9.93b. EPS estimate fell from ₩25,699 to ₩24,542 per share. Net income forecast to grow 143% next year vs 20% growth forecast for Oil and Gas industry in South Korea. Consensus price target up from ₩79,000 to ₩90,000. Share price fell 4.0% to ₩79,900 over the past week.분석 기사 • Nov 24E1's (KRX:017940) Anemic Earnings Might Be Worse Than You ThinkThe subdued market reaction suggests that E1 Corporation's ( KRX:017940 ) recent earnings didn't contain any surprises...Declared Dividend • Jul 14Dividend of ₩450 announcedShareholders will receive a dividend of ₩450. Ex-date: 30th July 2025 Payment date: 14th August 2025 Dividend yield will be 3.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.4% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩98,100, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 7x in the Oil and Gas industry in South Korea. Total returns to shareholders of 173% over the past three years.분석 기사 • Jul 03E1 Corporation (KRX:017940) Doing What It Can To Lift SharesWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 14x, you may consider E1...Price Target Changed • Apr 16Price target decreased by 28% to ₩67,000Down from ₩93,500, the current price target is provided by 1 analyst. New target price is 12% above last closing price of ₩59,700. Stock is down 8.6% over the past year. The company is forecast to post earnings per share of ₩25,901 for next year compared to ₩10,873 last year.Major Estimate Revision • Apr 02Consensus EPS estimates fall by 16%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ₩11.1b to ₩11.9b. EPS estimate fell from ₩30,700 to ₩25,901 per share. Net income forecast to grow 183% next year vs 9.7% growth forecast for Oil and Gas industry in South Korea. Consensus price target down from ₩93,500 to ₩87,000. Share price was steady at ₩59,800 over the past week.분석 기사 • Mar 27We Think That There Are More Issues For E1 (KRX:017940) Than Just Sluggish EarningsA lackluster earnings announcement from E1 Corporation ( KRX:017940 ) last week didn't sink the stock price. We think...New Risk • Mar 27New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.6% net profit margin).공시 • Mar 13E1 Corporation, Annual General Meeting, Mar 28, 2025E1 Corporation, Annual General Meeting, Mar 28, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 92, hangang-daero, yongsan-gu, seoul South KoreaNew Risk • Aug 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.4% net profit margin).Major Estimate Revision • Aug 21Consensus revenue estimates increase by 14%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₩9.96b to ₩11.4b. EPS estimate unchanged from ₩24,626 at last update. Oil and Gas industry in South Korea expected to see average net income growth of 12% next year. Consensus price target of ₩93,500 unchanged from last update. Share price was steady at ₩75,100 over the past week.Upcoming Dividend • Jul 23Upcoming dividend of ₩450 per shareEligible shareholders must have bought the stock before 30 July 2024. Payment date: 13 August 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of South Korean dividend payers (3.7%). Higher than average of industry peers (3.6%).Price Target Changed • Jul 17Price target increased by 15% to ₩93,500Up from ₩81,000, the current price target is an average from 2 analysts. New target price is 25% above last closing price of ₩74,700. Stock is up 45% over the past year. The company is forecast to post earnings per share of ₩24,626 for next year compared to ₩36,872 last year.Price Target Changed • Jun 18Price target increased by 11% to ₩86,000Up from ₩77,500, the current price target is an average from 2 analysts. New target price is 14% above last closing price of ₩75,200. Stock is up 46% over the past year. The company is forecast to post earnings per share of ₩24,626 for next year compared to ₩36,872 last year.New Risk • May 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.3% Last year net profit margin: 2.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.3% net profit margin).분석 기사 • Mar 28We Think You Should Be Aware Of Some Concerning Factors In E1's (KRX:017940) EarningsThe recent earnings posted by E1 Corporation ( KRX:017940 ) were solid, but the stock didn't move as much as we...Buying Opportunity • Jan 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.3%. The fair value is estimated to be ₩73,471, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 41%.New Risk • Nov 23New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% 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 Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Mar 19Full year 2022 earnings released: EPS: ₩24,536 (vs ₩22,789 in FY 2021)Full year 2022 results: EPS: ₩24,536 (up from ₩22,789 in FY 2021). Revenue: ₩7.99t (up 55% from FY 2021). Net income: ₩141.9b (up 7.7% from FY 2021). Profit margin: 1.8% (down from 2.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of ₩2,200 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 11 April 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (4.0%).Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: ₩3,597 (vs ₩5,193 in 3Q 2021)Third quarter 2022 results: EPS: ₩3,597 (down from ₩5,193 in 3Q 2021). Revenue: ₩2.02t (up 51% from 3Q 2021). Net income: ₩20.8b (down 31% from 3Q 2021). Profit margin: 1.0% (down from 2.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: ₩1,204 (vs ₩12,457 in 2Q 2021)Second quarter 2022 results: EPS: ₩1,204 (down from ₩12,457 in 2Q 2021). Revenue: ₩2.12t (up 99% from 2Q 2021). Net income: ₩6.96b (down 90% from 2Q 2021). Profit margin: 0.3% (down from 6.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • May 22First quarter 2022 earnings released: EPS: ₩10,307 (vs ₩7,014 in 1Q 2021)First quarter 2022 results: EPS: ₩10,307 (up from ₩7,014 in 1Q 2021). Revenue: ₩1.86t (up 47% from 1Q 2021). Net income: ₩59.6b (up 47% from 1Q 2021). Profit margin: 3.2% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Dec 22Upcoming dividend of ₩2,200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 12 April 2022. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (3.0%).Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩63,500, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 6x in the Oil and Gas industry in South Korea. Total returns to shareholders of 12% over the past three years.분석 기사 • Apr 19Here's Why E1 (KRX:017940) Is Weighed Down By Its Debt LoadHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Mar 24We Like E1's (KRX:017940) Earnings For More Than Just Statutory ProfitThe market seemed underwhelmed by last week's earnings announcement from E1 Corporation ( KRX:017940 ) despite the...Reported Earnings • Mar 21Full year 2020 earnings released: EPS ₩10,427 (vs ₩7,466 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₩3.93t (down 15% from FY 2019). Net income: ₩60.3b (up ₩103.5b from FY 2019). Profit margin: 1.5% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 17What Can The Trends At E1 (KRX:017940) Tell Us About Their Returns?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...공시 • Mar 11E1 Corporation, Annual General Meeting, Mar 26, 2021E1 Corporation, Annual General Meeting, Mar 26, 2021, at 10:00 Korea Standard Time.분석 기사 • Feb 24Would Shareholders Who Purchased E1's (KRX:017940) Stock Three Years Be Happy With The Share price Today?For many investors, the main point of stock picking is to generate higher returns than the overall market. But if you...분석 기사 • Feb 03Is E1 Corporation (KRX:017940) A Smart Pick For Income Investors?Dividend paying stocks like E1 Corporation ( KRX:017940 ) tend to be popular with investors, and for good reason - some...Is New 90 Day High Low • Jan 18New 90-day low: ₩41,500The company is down 13% from its price of ₩47,900 on 20 October 2020. The South Korean market is up 30% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 52% over the same period.분석 기사 • Jan 13E1 (KRX:017940) Has No Shortage Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Dec 29New 90-day low: ₩44,400The company is down 2.0% from its price of ₩45,300 on 29 September 2020. The South Korean market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 25% over the same period.분석 기사 • Dec 23Could The E1 Corporation (KRX:017940) Ownership Structure Tell Us Something Useful?A look at the shareholders of E1 Corporation ( KRX:017940 ) can tell us which group is most powerful. Large companies...Upcoming Dividend • Dec 22Upcoming Dividend of ₩2,200 Per ShareWill be paid on the 13th of April to those who are registered shareholders by the 29th of December. The trailing yield of 4.9% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (1.7%).분석 기사 • Dec 02Will E1's (KRX:017940) Growth In ROCE Persist?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...매출 및 비용 세부 내역E1가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이KOSE:A017940 매출, 비용 및 순이익 (KRW Millions)날짜매출순이익일반관리비연구개발비31 Mar 2611,211,958112,776578,009031 Dec 2510,392,523104,790529,027030 Sep 2510,429,81273,580375,644030 Jun 2510,796,94646,566376,159031 Mar 2511,501,081113,119371,344031 Dec 2411,192,41269,978362,933030 Sep 2410,315,455120,756393,806030 Jun 249,370,199127,492347,343031 Mar 248,275,242104,715314,986031 Dec 237,827,737213,183294,035030 Sep 237,723,334268,431254,065030 Jun 237,899,203261,274255,148031 Mar 238,144,483206,419250,148031 Dec 227,990,768141,859246,918030 Sep 227,483,11476,506239,790030 Jun 226,801,71785,735230,431031 Mar 225,745,631150,795224,795031 Dec 215,152,301131,758222,225030 Sep 214,615,404153,348230,008030 Jun 214,102,758135,211237,377031 Mar 213,959,25270,379227,120031 Dec 203,927,55460,288233,387030 Sep 204,288,48668,751239,939030 Jun 204,587,40513,797234,704031 Mar 204,780,868-19,814247,885031 Dec 194,608,270-43,167247,718030 Sep 194,512,278-84,832220,726030 Jun 194,561,210-28,238228,331031 Mar 194,479,46537,419219,560031 Dec 184,630,19978,094240,706030 Sep 184,788,385125,990308,809030 Jun 184,519,972126,344306,884031 Mar 184,392,381113,218314,716031 Dec 174,408,21684,416303,703030 Sep 174,185,41114,425321,951030 Jun 174,185,803-28,769326,693031 Mar 174,220,803-27,725348,817031 Dec 163,995,901-20,418358,498030 Sep 164,102,207-11,457349,095030 Jun 164,249,2619,612379,232031 Mar 164,457,14613,061382,643031 Dec 154,614,2579,539396,036030 Sep 155,065,45141,720405,029030 Jun 155,981,31567,295394,5650양질의 수익: A017940는 ₩92.0B 규모의 큰 일회성 이익이 있어 31st March, 2026까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: A017940의 현재 순 이익률 (1%)은 지난해 (1%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: A017940의 수익은 지난 5년 동안 연평균 5.9% 감소했습니다.성장 가속화: A017940은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: A017940은 지난 1년 동안 수익이 감소(-0.3%)하여 Oil and Gas 업계 평균(50.8%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: A017940의 자본 수익률(4.9%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YEnergy 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/04 23:52종가2026/06/04 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스E1 Corporation는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hyunmok WangDaiwa Securities Co. Ltd.null RESEARCH DEPARTMENTSamsung Securities Co. Ltd.
분석 기사 • May 28E1's (KRX:017940) Shareholders Have More To Worry About Than Lackluster EarningsThe recent earnings release from E1 Corporation ( KRX:017940 ) was disappointing to investors. We think there is more...
Reported Earnings • Mar 25Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: ₩18,124 (up from ₩12,103 in FY 2024). Revenue: ₩10t (down 7.1% from FY 2024). Net income: ₩104.8b (up 50% from FY 2024). Profit margin: 1.0% (up from 0.6% in FY 2024). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Oil and Gas industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
분석 기사 • Nov 24E1's (KRX:017940) Anemic Earnings Might Be Worse Than You ThinkThe subdued market reaction suggests that E1 Corporation's ( KRX:017940 ) recent earnings didn't contain any surprises...
분석 기사 • Mar 27We Think That There Are More Issues For E1 (KRX:017940) Than Just Sluggish EarningsA lackluster earnings announcement from E1 Corporation ( KRX:017940 ) last week didn't sink the stock price. We think...
분석 기사 • Mar 28We Think You Should Be Aware Of Some Concerning Factors In E1's (KRX:017940) EarningsThe recent earnings posted by E1 Corporation ( KRX:017940 ) were solid, but the stock didn't move as much as we...
Reported Earnings • Mar 19Full year 2022 earnings released: EPS: ₩24,536 (vs ₩22,789 in FY 2021)Full year 2022 results: EPS: ₩24,536 (up from ₩22,789 in FY 2021). Revenue: ₩7.99t (up 55% from FY 2021). Net income: ₩141.9b (up 7.7% from FY 2021). Profit margin: 1.8% (down from 2.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
분석 기사 • May 28E1's (KRX:017940) Shareholders Have More To Worry About Than Lackluster EarningsThe recent earnings release from E1 Corporation ( KRX:017940 ) was disappointing to investors. We think there is more...
New Risk • May 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.5% 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 Risk Debt is not well covered by operating cash flow (3.5% operating cash flow to total debt). 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.
Reported Earnings • Mar 25Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: ₩18,124 (up from ₩12,103 in FY 2024). Revenue: ₩10t (down 7.1% from FY 2024). Net income: ₩104.8b (up 50% from FY 2024). Profit margin: 1.0% (up from 0.6% in FY 2024). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Oil and Gas industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩110,800, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Oil and Gas industry in South Korea. Total returns to shareholders of 183% over the past three years.
공시 • Mar 13E1 Corporation, Annual General Meeting, Mar 27, 2026E1 Corporation, Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 92, hangang-daero, yongsan-gu, seoul South Korea
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩101,300, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Oil and Gas industry in South Korea. Total returns to shareholders of 142% over the past three years.
분석 기사 • Feb 04E1 Corporation's (KRX:017940) Shares Not Telling The Full StoryWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 15x, you may consider E1...
Major Estimate Revision • Jan 13Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩11.1b to ₩9.93b. EPS estimate fell from ₩25,699 to ₩24,542 per share. Net income forecast to grow 143% next year vs 20% growth forecast for Oil and Gas industry in South Korea. Consensus price target up from ₩79,000 to ₩90,000. Share price fell 4.0% to ₩79,900 over the past week.
분석 기사 • Nov 24E1's (KRX:017940) Anemic Earnings Might Be Worse Than You ThinkThe subdued market reaction suggests that E1 Corporation's ( KRX:017940 ) recent earnings didn't contain any surprises...
Declared Dividend • Jul 14Dividend of ₩450 announcedShareholders will receive a dividend of ₩450. Ex-date: 30th July 2025 Payment date: 14th August 2025 Dividend yield will be 3.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.4% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩98,100, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 7x in the Oil and Gas industry in South Korea. Total returns to shareholders of 173% over the past three years.
분석 기사 • Jul 03E1 Corporation (KRX:017940) Doing What It Can To Lift SharesWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 14x, you may consider E1...
Price Target Changed • Apr 16Price target decreased by 28% to ₩67,000Down from ₩93,500, the current price target is provided by 1 analyst. New target price is 12% above last closing price of ₩59,700. Stock is down 8.6% over the past year. The company is forecast to post earnings per share of ₩25,901 for next year compared to ₩10,873 last year.
Major Estimate Revision • Apr 02Consensus EPS estimates fall by 16%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ₩11.1b to ₩11.9b. EPS estimate fell from ₩30,700 to ₩25,901 per share. Net income forecast to grow 183% next year vs 9.7% growth forecast for Oil and Gas industry in South Korea. Consensus price target down from ₩93,500 to ₩87,000. Share price was steady at ₩59,800 over the past week.
분석 기사 • Mar 27We Think That There Are More Issues For E1 (KRX:017940) Than Just Sluggish EarningsA lackluster earnings announcement from E1 Corporation ( KRX:017940 ) last week didn't sink the stock price. We think...
New Risk • Mar 27New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.6% net profit margin).
공시 • Mar 13E1 Corporation, Annual General Meeting, Mar 28, 2025E1 Corporation, Annual General Meeting, Mar 28, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 92, hangang-daero, yongsan-gu, seoul South Korea
New Risk • Aug 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.4% net profit margin).
Major Estimate Revision • Aug 21Consensus revenue estimates increase by 14%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₩9.96b to ₩11.4b. EPS estimate unchanged from ₩24,626 at last update. Oil and Gas industry in South Korea expected to see average net income growth of 12% next year. Consensus price target of ₩93,500 unchanged from last update. Share price was steady at ₩75,100 over the past week.
Upcoming Dividend • Jul 23Upcoming dividend of ₩450 per shareEligible shareholders must have bought the stock before 30 July 2024. Payment date: 13 August 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of South Korean dividend payers (3.7%). Higher than average of industry peers (3.6%).
Price Target Changed • Jul 17Price target increased by 15% to ₩93,500Up from ₩81,000, the current price target is an average from 2 analysts. New target price is 25% above last closing price of ₩74,700. Stock is up 45% over the past year. The company is forecast to post earnings per share of ₩24,626 for next year compared to ₩36,872 last year.
Price Target Changed • Jun 18Price target increased by 11% to ₩86,000Up from ₩77,500, the current price target is an average from 2 analysts. New target price is 14% above last closing price of ₩75,200. Stock is up 46% over the past year. The company is forecast to post earnings per share of ₩24,626 for next year compared to ₩36,872 last year.
New Risk • May 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.3% Last year net profit margin: 2.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.3% net profit margin).
분석 기사 • Mar 28We Think You Should Be Aware Of Some Concerning Factors In E1's (KRX:017940) EarningsThe recent earnings posted by E1 Corporation ( KRX:017940 ) were solid, but the stock didn't move as much as we...
Buying Opportunity • Jan 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.3%. The fair value is estimated to be ₩73,471, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 41%.
New Risk • Nov 23New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% 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 Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Mar 19Full year 2022 earnings released: EPS: ₩24,536 (vs ₩22,789 in FY 2021)Full year 2022 results: EPS: ₩24,536 (up from ₩22,789 in FY 2021). Revenue: ₩7.99t (up 55% from FY 2021). Net income: ₩141.9b (up 7.7% from FY 2021). Profit margin: 1.8% (down from 2.6% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of ₩2,200 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 11 April 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 4.6%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (4.0%).
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: ₩3,597 (vs ₩5,193 in 3Q 2021)Third quarter 2022 results: EPS: ₩3,597 (down from ₩5,193 in 3Q 2021). Revenue: ₩2.02t (up 51% from 3Q 2021). Net income: ₩20.8b (down 31% from 3Q 2021). Profit margin: 1.0% (down from 2.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: ₩1,204 (vs ₩12,457 in 2Q 2021)Second quarter 2022 results: EPS: ₩1,204 (down from ₩12,457 in 2Q 2021). Revenue: ₩2.12t (up 99% from 2Q 2021). Net income: ₩6.96b (down 90% from 2Q 2021). Profit margin: 0.3% (down from 6.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • May 22First quarter 2022 earnings released: EPS: ₩10,307 (vs ₩7,014 in 1Q 2021)First quarter 2022 results: EPS: ₩10,307 (up from ₩7,014 in 1Q 2021). Revenue: ₩1.86t (up 47% from 1Q 2021). Net income: ₩59.6b (up 47% from 1Q 2021). Profit margin: 3.2% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Dec 22Upcoming dividend of ₩2,200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 12 April 2022. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩63,500, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 6x in the Oil and Gas industry in South Korea. Total returns to shareholders of 12% over the past three years.
분석 기사 • Apr 19Here's Why E1 (KRX:017940) Is Weighed Down By Its Debt LoadHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Mar 24We Like E1's (KRX:017940) Earnings For More Than Just Statutory ProfitThe market seemed underwhelmed by last week's earnings announcement from E1 Corporation ( KRX:017940 ) despite the...
Reported Earnings • Mar 21Full year 2020 earnings released: EPS ₩10,427 (vs ₩7,466 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₩3.93t (down 15% from FY 2019). Net income: ₩60.3b (up ₩103.5b from FY 2019). Profit margin: 1.5% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 17What Can The Trends At E1 (KRX:017940) Tell Us About Their Returns?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
공시 • Mar 11E1 Corporation, Annual General Meeting, Mar 26, 2021E1 Corporation, Annual General Meeting, Mar 26, 2021, at 10:00 Korea Standard Time.
분석 기사 • Feb 24Would Shareholders Who Purchased E1's (KRX:017940) Stock Three Years Be Happy With The Share price Today?For many investors, the main point of stock picking is to generate higher returns than the overall market. But if you...
분석 기사 • Feb 03Is E1 Corporation (KRX:017940) A Smart Pick For Income Investors?Dividend paying stocks like E1 Corporation ( KRX:017940 ) tend to be popular with investors, and for good reason - some...
Is New 90 Day High Low • Jan 18New 90-day low: ₩41,500The company is down 13% from its price of ₩47,900 on 20 October 2020. The South Korean market is up 30% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 52% over the same period.
분석 기사 • Jan 13E1 (KRX:017940) Has No Shortage Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Dec 29New 90-day low: ₩44,400The company is down 2.0% from its price of ₩45,300 on 29 September 2020. The South Korean market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 25% over the same period.
분석 기사 • Dec 23Could The E1 Corporation (KRX:017940) Ownership Structure Tell Us Something Useful?A look at the shareholders of E1 Corporation ( KRX:017940 ) can tell us which group is most powerful. Large companies...
Upcoming Dividend • Dec 22Upcoming Dividend of ₩2,200 Per ShareWill be paid on the 13th of April to those who are registered shareholders by the 29th of December. The trailing yield of 4.9% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (1.7%).
분석 기사 • Dec 02Will E1's (KRX:017940) Growth In ROCE Persist?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...