View Future GrowthAvaco 과거 순이익 실적과거 기준 점검 5/6Avaco은 연평균 28.7%의 비율로 수입이 증가해 온 반면, Semiconductor 산업은 수입이 1.7% 증가했습니다. 매출은 연평균 19%의 비율로 증가했습니다. Avaco의 자기자본이익률은 14.8%이고 순이익률은 8.2%입니다.핵심 정보28.70%순이익 성장률25.87%주당순이익(EPS) 성장률Semiconductor 산업 성장률23.50%매출 성장률18.97%자기자본이익률14.81%순이익률8.18%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트분석 기사 • May 21Statutory Profit Doesn't Reflect How Good Avaco's (KOSDAQ:083930) Earnings AreAvaco Co., Ltd. ( KOSDAQ:083930 ) just reported healthy earnings but the stock price didn't move much. Investors are...Reported Earnings • Mar 22Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ₩1,776 (up from ₩306 in FY 2023). Revenue: ₩305.5b (up 64% from FY 2023). Net income: ₩26.4b (up ₩22.1b from FY 2023). Profit margin: 8.6% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 27We Think That There Are Issues Underlying Avaco's (KOSDAQ:083930) EarningsDespite announcing strong earnings, Avaco Co., Ltd.'s ( KOSDAQ:083930 ) stock was sluggish. Our analysis uncovered some...Reported Earnings • May 20First quarter 2024 earnings released: EPS: ₩396 (vs ₩305 loss in 1Q 2023)First quarter 2024 results: EPS: ₩396 (up from ₩305 loss in 1Q 2023). Revenue: ₩46.3b (up 230% from 1Q 2023). Net income: ₩5.12b (up ₩9.19b from 1Q 2023). Profit margin: 11% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year.분석 기사 • Mar 25We Think You Can Look Beyond Avaco's (KOSDAQ:083930) Lackluster EarningsThe market for Avaco Co., Ltd.'s ( KOSDAQ:083930 ) shares didn't move much after it posted weak earnings recently. We...Reported Earnings • Mar 22Full year 2023 earnings released: EPS: ₩306 (vs ₩1,358 in FY 2022)Full year 2023 results: EPS: ₩306 (down from ₩1,358 in FY 2022). Revenue: ₩186.9b (down 14% from FY 2022). Net income: ₩4.26b (down 77% from FY 2022). Profit margin: 2.3% (down from 8.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩13,180, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 24x in the Semiconductor industry in South Korea. Total loss to shareholders of 32% over the past three years.분석 기사 • May 21Statutory Profit Doesn't Reflect How Good Avaco's (KOSDAQ:083930) Earnings AreAvaco Co., Ltd. ( KOSDAQ:083930 ) just reported healthy earnings but the stock price didn't move much. Investors are...Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩16,230, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 24x in the Semiconductor industry in South Korea. Total loss to shareholders of 2.2% over the past three years.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩12,650, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 21x in the Semiconductor industry in South Korea. Total loss to shareholders of 12% over the past three years.공시 • Feb 13Avaco Co., Ltd., Annual General Meeting, Mar 26, 2026Avaco Co., Ltd., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 160-7, seongseo4chacheomdan-ro, dalseo-gu, daegu South Korea분석 기사 • Feb 09Avaco Co., Ltd.'s (KOSDAQ:083930) Price Is Right But Growth Is Lacking After Shares Rocket 25%Avaco Co., Ltd. ( KOSDAQ:083930 ) shareholders would be excited to see that the share price has had a great month...Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩14,740, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 17x in the Semiconductor industry in South Korea. Total returns to shareholders of 13% over the past three years.공시 • Jan 27Avaco Co., Ltd. (KOSDAQ:A083930) announces an Equity Buyback for KRW 10,000 million worth of its shares.Avaco Co., Ltd. (KOSDAQ:A083930) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of own shares pursuant to a contract with NH Investment & Securities Co., Ltd. The shares will be repurchased for cancellation, stock price stabilization, and enhancement of shareholder value. The repurchase program will expire on January 27, 2026. As of January 26, 2026, the company had 394,166 treasury shares within scope available for dividend and no shares in treasury through other repurchase.Upcoming Dividend • Dec 22Upcoming dividend of ₩500 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 April 2026. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.4%).New Risk • Nov 27New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.9% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.분석 기사 • Nov 09Avaco's (KOSDAQ:083930) Dividend Will Be ₩500.00The board of Avaco Co., Ltd. ( KOSDAQ:083930 ) has announced that it will pay a dividend of ₩500.00 per share on the...Declared Dividend • Nov 08Dividend of ₩500 announcedDividend of ₩500 is the same as last year. Ex-date: 29th December 2025 Payment date: 27th April 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 16% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Nov 07Avaco Co., Ltd. announces Annual dividend, payable on April 27, 2026Avaco Co., Ltd. announced Annual dividend of KRW 500.0000 per share payable on April 27, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.분석 기사 • Oct 02Avaco Co., Ltd.'s (KOSDAQ:083930) Price Is Right But Growth Is Lacking After Shares Rocket 27%Despite an already strong run, Avaco Co., Ltd. ( KOSDAQ:083930 ) shares have been powering on, with a gain of 27% in...분석 기사 • Sep 18Avaco (KOSDAQ:083930) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Aug 06Are Avaco Co., Ltd. (KOSDAQ:083930) Investors Paying Above The Intrinsic Value?KOSDAQ:A083930 1 Year Share Price vs Fair Value Explore Avaco's Fair Values from the Community and select yours Key...Buy Or Sell Opportunity • Aug 06Now 30% overvalued after recent price riseOver the last 90 days, the stock has risen 8.8% to ₩14,760. The fair value is estimated to be ₩11,320, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 46% in the next 2 years.분석 기사 • Apr 14Avaco (KOSDAQ:083930) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Mar 22Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ₩1,776 (up from ₩306 in FY 2023). Revenue: ₩305.5b (up 64% from FY 2023). Net income: ₩26.4b (up ₩22.1b from FY 2023). Profit margin: 8.6% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공시 • Feb 12Avaco Co., Ltd., Annual General Meeting, Mar 26, 2025Avaco Co., Ltd., Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 160-7, seongseo4chacheomdan-ro, dalseo-gu, daegu South Korea분석 기사 • Feb 11Avaco's (KOSDAQ:083930) Returns On Capital Not Reflecting Well On The BusinessWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩15,580, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 59% over the past three years.분석 기사 • Jan 20Here's Why We Think Avaco (KOSDAQ:083930) Might Deserve Your Attention TodayInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Upcoming Dividend • Dec 20Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 16 April 2025. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (0.8%).Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩13,040, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Semiconductor industry in South Korea. Total returns to shareholders of 14% over the past three years.분석 기사 • Dec 09Positive Sentiment Still Eludes Avaco Co., Ltd. (KOSDAQ:083930) Following 29% Share Price SlumpAvaco Co., Ltd. ( KOSDAQ:083930 ) shareholders won't be pleased to see that the share price has had a very rough month...분석 기사 • Nov 27We Think That There Are Issues Underlying Avaco's (KOSDAQ:083930) EarningsDespite announcing strong earnings, Avaco Co., Ltd.'s ( KOSDAQ:083930 ) stock was sluggish. Our analysis uncovered some...공시 • Nov 25Avaco Co., Ltd. (KOSDAQ:A083930) announces an Equity Buyback for KRW 3,000 million worth of its shares.Avaco Co., Ltd. (KOSDAQ:A083930) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of own shares pursuant to a contract with NH Investment & Securities Co., Ltd. The shares will be repurchased for incineration and to enhance shareholder value. The repurchase program will expire on May 26, 2025. As of November 24, 2024, the company had 395,807 treasury shares within scope available for dividend and no shares in treasury through other repurchase.분석 기사 • Sep 06Avaco (KOSDAQ:083930) Takes On Some Risk With Its Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Aug 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 33% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.분석 기사 • May 22Avaco Co., Ltd.'s (KOSDAQ:083930) 25% Share Price Surge Not Quite Adding UpAvaco Co., Ltd. ( KOSDAQ:083930 ) shares have continued their recent momentum with a 25% gain in the last month alone...Reported Earnings • May 20First quarter 2024 earnings released: EPS: ₩396 (vs ₩305 loss in 1Q 2023)First quarter 2024 results: EPS: ₩396 (up from ₩305 loss in 1Q 2023). Revenue: ₩46.3b (up 230% from 1Q 2023). Net income: ₩5.12b (up ₩9.19b from 1Q 2023). Profit margin: 11% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year.Valuation Update With 7 Day Price Move • May 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩18,870, the stock trades at a trailing P/E ratio of 63.9x. Average trailing P/E is 25x in the Semiconductor industry in South Korea. Total returns to shareholders of 59% over the past three years.분석 기사 • Mar 25We Think You Can Look Beyond Avaco's (KOSDAQ:083930) Lackluster EarningsThe market for Avaco Co., Ltd.'s ( KOSDAQ:083930 ) shares didn't move much after it posted weak earnings recently. We...Reported Earnings • Mar 22Full year 2023 earnings released: EPS: ₩306 (vs ₩1,358 in FY 2022)Full year 2023 results: EPS: ₩306 (down from ₩1,358 in FY 2022). Revenue: ₩186.9b (down 14% from FY 2022). Net income: ₩4.26b (down 77% from FY 2022). Profit margin: 2.3% (down from 8.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year.분석 기사 • Mar 12There's Reason For Concern Over Avaco Co., Ltd.'s (KOSDAQ:083930) PriceAvaco Co., Ltd.'s ( KOSDAQ:083930 ) price-to-earnings (or "P/E") ratio of 27.8x might make it look like a strong sell...Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩15,360, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 21x in the Semiconductor industry in South Korea. Total returns to shareholders of 24% over the past three years.Upcoming Dividend • Dec 20Upcoming dividend of ₩300 per share at 1.9% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 18 April 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.0%).New Risk • Nov 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.6% Last year net profit margin: 6.6% 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 Risks Earnings have declined by 20% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.6% net profit margin). Shareholders have been diluted in the past year (8.0% increase in shares outstanding).New Risk • Oct 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (8.0% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩17,900, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 165% over the past three years.Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩22,900, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 231% over the past three years.Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩20,750, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 219% over the past three years.Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩20,600, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total returns to shareholders of 325% over the past three years.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩14,020, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total returns to shareholders of 209% over the past three years.Upcoming Dividend • Dec 21Upcoming dividend of ₩300 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 21 April 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.8%).Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₩17,100, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total returns to shareholders of 238% over the past three years.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩11,800, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total returns to shareholders of 148% over the past three years.Buying Opportunity • Jul 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be ₩12,895, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Earnings per share has declined by 46%.Buying Opportunity • Jun 23Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be ₩13,116, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Earnings per share has declined by 46%.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Dec 22Upcoming dividend of ₩300 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 13 April 2022. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 2.4%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.9%).분석 기사 • May 06Avaco (KOSDAQ:083930) Is Doing The Right Things To Multiply Its Share PriceIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...분석 기사 • Apr 18Why Avaco Co., Ltd. (KOSDAQ:083930) Is A Dividend RockstarToday we'll take a closer look at Avaco Co., Ltd. ( KOSDAQ:083930 ) from a dividend investor's perspective. Owning a...분석 기사 • Apr 02Avaco (KOSDAQ:083930) Could Easily Take On More DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...분석 기사 • Mar 18If You Had Bought Avaco (KOSDAQ:083930) Stock A Year Ago, You Could Pocket A 254% Gain TodayAvaco Co., Ltd. ( KOSDAQ:083930 ) shareholders have seen the share price descend 10% over the month. Despite this, the...분석 기사 • Feb 28Do Institutions Own Avaco Co., Ltd. (KOSDAQ:083930) Shares?Every investor in Avaco Co., Ltd. ( KOSDAQ:083930 ) should be aware of the most powerful shareholder groups...공시 • Feb 25Avaco Co., Ltd., Annual General Meeting, Mar 26, 2021Avaco Co., Ltd., Annual General Meeting, Mar 26, 2021, at 10:00 Korea Standard Time.분석 기사 • Feb 09Avaco Co., Ltd.'s (KOSDAQ:083930) Stock Is Going Strong: Is the Market Following Fundamentals?Avaco (KOSDAQ:083930) has had a great run on the share market with its stock up by a significant 47% over the last...분석 기사 • Jan 25Here’s What’s Happening With Returns At Avaco (KOSDAQ:083930)What are the early trends we should look for to identify a stock that could multiply in value over the long term...Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₩13,850, the stock is trading at a trailing P/E ratio of 9.7x, up from the previous P/E ratio of 8x. This compares to an average P/E of 19x in the Semiconductor industry in South Korea. Total returns to shareholders over the past three years are 106%.Is New 90 Day High Low • Jan 11New 90-day high: ₩11,400The company is up 6.0% from its price of ₩10,750 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 43% over the same period.분석 기사 • Jan 10The Case For Avaco Co., Ltd. (KOSDAQ:083930): Could It Be A Nice Addition To Your Dividend Portfolio?Is Avaco Co., Ltd. ( KOSDAQ:083930 ) a good dividend stock? How can we tell? Dividend paying companies with growing...분석 기사 • Dec 24Why You Might Be Interested In Avaco Co., Ltd. (KOSDAQ:083930) For Its Upcoming DividendAvaco Co., Ltd. ( KOSDAQ:083930 ) stock is about to trade ex-dividend in three days. Investors can purchase shares...Upcoming Dividend • Dec 22Upcoming Dividend of ₩300 Per ShareWill be paid on the 7th of April to those who are registered shareholders by the 29th of December. The trailing yield of 3.0% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (0.8%).분석 기사 • Dec 15Are Avaco's (KOSDAQ:083930) Statutory Earnings A Good Reflection Of Its Earnings Potential?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...분석 기사 • Nov 30Avaco (KOSDAQ:083930) Has Gifted Shareholders With A Fantastic 127% Total Return On Their InvestmentThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on a lighter note, a...Valuation Update With 7 Day Price Move • Oct 13Market bids up stock over the past weekAfter last week's 16% share price gain to ₩10,750, the stock is trading at a trailing P/E ratio of 11.1x, up from the previous P/E ratio of 9.6x. This compares to an average P/E of 20x in the Semiconductor industry in South Korea. Total returns to shareholders over the past three years are 79%.Is New 90 Day High Low • Oct 13New 90-day high: ₩10,750The company is up 38% from its price of ₩7,790 on 15 July 2020. The South Korean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 6.0% over the same period.Is New 90 Day High Low • Sep 18New 90-day high: ₩8,950The company is up 23% from its price of ₩7,260 on 19 June 2020. The South Korean market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 5.0% over the same period.매출 및 비용 세부 내역Avaco가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이KOSDAQ:A083930 매출, 비용 및 순이익 (KRW Millions)날짜매출순이익일반관리비연구개발비31 Mar 26381,65031,20919,0817,61231 Dec 25392,89628,65021,8517,97630 Sep 25339,59829,36930,55410,10830 Jun 25386,20722,15031,31710,07531 Mar 25285,27417,71825,38410,30831 Dec 24305,51523,89024,13610,54230 Sep 24282,27417,05817,6638,48530 Jun 24212,31213,23914,5779,30931 Mar 24219,14713,44814,24111,55131 Dec 23186,8524,25713,15112,22730 Sep 23219,2097,97215,87514,95330 Jun 23248,74818,81717,10216,56231 Mar 23212,46116,10516,30917,06531 Dec 22217,26418,10616,58317,22430 Sep 22182,10112,09713,95215,08630 Jun 22168,1965,42713,39514,32531 Mar 22167,8597,18912,37811,49331 Dec 21179,80812,53712,3899,68630 Sep 21150,5304,08414,43910,55530 Jun 21171,6978,64613,4438,39731 Mar 21166,4456,47613,8107,72031 Dec 20200,34814,52715,1457,80930 Sep 20200,04419,25318,5411,63630 Jun 20159,63913,29818,1042,29031 Mar 20206,58822,22918,1454,95331 Dec 19226,08519,58815,24110,35630 Sep 19249,58321,64310,49613,87830 Jun 19283,97430,73510,30612,71931 Mar 19280,44731,98110,1239,99531 Dec 18243,48525,34110,2363,74030 Sep 18234,08019,25114,8453,34330 Jun 18217,17111,09316,6713,27031 Mar 18193,3032,50416,1203,87831 Dec 17186,079-83015,8804,42230 Sep 17180,2199,04711,6754,63230 Jun 17187,6409,1189,8894,73131 Mar 17211,87311,84511,1293,97131 Dec 16199,67813,89910,7324,55130 Sep 16190,20110,9349,4084,57030 Jun 16162,8739,5418,9364,26931 Mar 16129,2798,8277,2825,11631 Dec 15137,6979,8749,1364,34530 Sep 15118,2357,5359,4863,89930 Jun 15132,59810,33110,8973,917양질의 수익: A083930는 고품질 수익을 보유하고 있습니다.이익 마진 증가: A083930의 현재 순 이익률 (8.2%)은 지난해 (6.2%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: A083930의 수익은 지난 5년 동안 연평균 28.7%로 크게 증가했습니다.성장 가속화: 지난 1년간 A083930 의 수익 증가율(76.1%)은 연간 평균(28.7%)을 초과합니다.수익 대 산업: A083930의 지난 1년 수익 증가율(76.1%)은 Semiconductor 업계의 27.1%를 상회했습니다.자기자본이익률높은 ROE: A083930의 자본 수익률(14.8%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSemiconductors 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/24 21:13종가2026/06/24 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Avaco Co., Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Junghwan KimKorea Investment & Securities Co., Ltd.Joon Ho HwangMirae Asset Securities Co., Ltd.Jun Ki BaekNH Investment & Securities Co., Ltd.1명의 분석가 더 보기
분석 기사 • May 21Statutory Profit Doesn't Reflect How Good Avaco's (KOSDAQ:083930) Earnings AreAvaco Co., Ltd. ( KOSDAQ:083930 ) just reported healthy earnings but the stock price didn't move much. Investors are...
Reported Earnings • Mar 22Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ₩1,776 (up from ₩306 in FY 2023). Revenue: ₩305.5b (up 64% from FY 2023). Net income: ₩26.4b (up ₩22.1b from FY 2023). Profit margin: 8.6% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 27We Think That There Are Issues Underlying Avaco's (KOSDAQ:083930) EarningsDespite announcing strong earnings, Avaco Co., Ltd.'s ( KOSDAQ:083930 ) stock was sluggish. Our analysis uncovered some...
Reported Earnings • May 20First quarter 2024 earnings released: EPS: ₩396 (vs ₩305 loss in 1Q 2023)First quarter 2024 results: EPS: ₩396 (up from ₩305 loss in 1Q 2023). Revenue: ₩46.3b (up 230% from 1Q 2023). Net income: ₩5.12b (up ₩9.19b from 1Q 2023). Profit margin: 11% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year.
분석 기사 • Mar 25We Think You Can Look Beyond Avaco's (KOSDAQ:083930) Lackluster EarningsThe market for Avaco Co., Ltd.'s ( KOSDAQ:083930 ) shares didn't move much after it posted weak earnings recently. We...
Reported Earnings • Mar 22Full year 2023 earnings released: EPS: ₩306 (vs ₩1,358 in FY 2022)Full year 2023 results: EPS: ₩306 (down from ₩1,358 in FY 2022). Revenue: ₩186.9b (down 14% from FY 2022). Net income: ₩4.26b (down 77% from FY 2022). Profit margin: 2.3% (down from 8.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩13,180, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 24x in the Semiconductor industry in South Korea. Total loss to shareholders of 32% over the past three years.
분석 기사 • May 21Statutory Profit Doesn't Reflect How Good Avaco's (KOSDAQ:083930) Earnings AreAvaco Co., Ltd. ( KOSDAQ:083930 ) just reported healthy earnings but the stock price didn't move much. Investors are...
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩16,230, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 24x in the Semiconductor industry in South Korea. Total loss to shareholders of 2.2% over the past three years.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩12,650, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 21x in the Semiconductor industry in South Korea. Total loss to shareholders of 12% over the past three years.
공시 • Feb 13Avaco Co., Ltd., Annual General Meeting, Mar 26, 2026Avaco Co., Ltd., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 160-7, seongseo4chacheomdan-ro, dalseo-gu, daegu South Korea
분석 기사 • Feb 09Avaco Co., Ltd.'s (KOSDAQ:083930) Price Is Right But Growth Is Lacking After Shares Rocket 25%Avaco Co., Ltd. ( KOSDAQ:083930 ) shareholders would be excited to see that the share price has had a great month...
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩14,740, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 17x in the Semiconductor industry in South Korea. Total returns to shareholders of 13% over the past three years.
공시 • Jan 27Avaco Co., Ltd. (KOSDAQ:A083930) announces an Equity Buyback for KRW 10,000 million worth of its shares.Avaco Co., Ltd. (KOSDAQ:A083930) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of own shares pursuant to a contract with NH Investment & Securities Co., Ltd. The shares will be repurchased for cancellation, stock price stabilization, and enhancement of shareholder value. The repurchase program will expire on January 27, 2026. As of January 26, 2026, the company had 394,166 treasury shares within scope available for dividend and no shares in treasury through other repurchase.
Upcoming Dividend • Dec 22Upcoming dividend of ₩500 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 April 2026. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.4%).
New Risk • Nov 27New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.9% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
분석 기사 • Nov 09Avaco's (KOSDAQ:083930) Dividend Will Be ₩500.00The board of Avaco Co., Ltd. ( KOSDAQ:083930 ) has announced that it will pay a dividend of ₩500.00 per share on the...
Declared Dividend • Nov 08Dividend of ₩500 announcedDividend of ₩500 is the same as last year. Ex-date: 29th December 2025 Payment date: 27th April 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 16% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Nov 07Avaco Co., Ltd. announces Annual dividend, payable on April 27, 2026Avaco Co., Ltd. announced Annual dividend of KRW 500.0000 per share payable on April 27, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
분석 기사 • Oct 02Avaco Co., Ltd.'s (KOSDAQ:083930) Price Is Right But Growth Is Lacking After Shares Rocket 27%Despite an already strong run, Avaco Co., Ltd. ( KOSDAQ:083930 ) shares have been powering on, with a gain of 27% in...
분석 기사 • Sep 18Avaco (KOSDAQ:083930) Has A Pretty Healthy Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Aug 06Are Avaco Co., Ltd. (KOSDAQ:083930) Investors Paying Above The Intrinsic Value?KOSDAQ:A083930 1 Year Share Price vs Fair Value Explore Avaco's Fair Values from the Community and select yours Key...
Buy Or Sell Opportunity • Aug 06Now 30% overvalued after recent price riseOver the last 90 days, the stock has risen 8.8% to ₩14,760. The fair value is estimated to be ₩11,320, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 46% in the next 2 years.
분석 기사 • Apr 14Avaco (KOSDAQ:083930) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Mar 22Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: EPS: ₩1,776 (up from ₩306 in FY 2023). Revenue: ₩305.5b (up 64% from FY 2023). Net income: ₩26.4b (up ₩22.1b from FY 2023). Profit margin: 8.6% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공시 • Feb 12Avaco Co., Ltd., Annual General Meeting, Mar 26, 2025Avaco Co., Ltd., Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 160-7, seongseo4chacheomdan-ro, dalseo-gu, daegu South Korea
분석 기사 • Feb 11Avaco's (KOSDAQ:083930) Returns On Capital Not Reflecting Well On The BusinessWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩15,580, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 59% over the past three years.
분석 기사 • Jan 20Here's Why We Think Avaco (KOSDAQ:083930) Might Deserve Your Attention TodayInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Upcoming Dividend • Dec 20Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 16 April 2025. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (0.8%).
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩13,040, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Semiconductor industry in South Korea. Total returns to shareholders of 14% over the past three years.
분석 기사 • Dec 09Positive Sentiment Still Eludes Avaco Co., Ltd. (KOSDAQ:083930) Following 29% Share Price SlumpAvaco Co., Ltd. ( KOSDAQ:083930 ) shareholders won't be pleased to see that the share price has had a very rough month...
분석 기사 • Nov 27We Think That There Are Issues Underlying Avaco's (KOSDAQ:083930) EarningsDespite announcing strong earnings, Avaco Co., Ltd.'s ( KOSDAQ:083930 ) stock was sluggish. Our analysis uncovered some...
공시 • Nov 25Avaco Co., Ltd. (KOSDAQ:A083930) announces an Equity Buyback for KRW 3,000 million worth of its shares.Avaco Co., Ltd. (KOSDAQ:A083930) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of own shares pursuant to a contract with NH Investment & Securities Co., Ltd. The shares will be repurchased for incineration and to enhance shareholder value. The repurchase program will expire on May 26, 2025. As of November 24, 2024, the company had 395,807 treasury shares within scope available for dividend and no shares in treasury through other repurchase.
분석 기사 • Sep 06Avaco (KOSDAQ:083930) Takes On Some Risk With Its Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Aug 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 33% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
분석 기사 • May 22Avaco Co., Ltd.'s (KOSDAQ:083930) 25% Share Price Surge Not Quite Adding UpAvaco Co., Ltd. ( KOSDAQ:083930 ) shares have continued their recent momentum with a 25% gain in the last month alone...
Reported Earnings • May 20First quarter 2024 earnings released: EPS: ₩396 (vs ₩305 loss in 1Q 2023)First quarter 2024 results: EPS: ₩396 (up from ₩305 loss in 1Q 2023). Revenue: ₩46.3b (up 230% from 1Q 2023). Net income: ₩5.12b (up ₩9.19b from 1Q 2023). Profit margin: 11% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year.
Valuation Update With 7 Day Price Move • May 03Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩18,870, the stock trades at a trailing P/E ratio of 63.9x. Average trailing P/E is 25x in the Semiconductor industry in South Korea. Total returns to shareholders of 59% over the past three years.
분석 기사 • Mar 25We Think You Can Look Beyond Avaco's (KOSDAQ:083930) Lackluster EarningsThe market for Avaco Co., Ltd.'s ( KOSDAQ:083930 ) shares didn't move much after it posted weak earnings recently. We...
Reported Earnings • Mar 22Full year 2023 earnings released: EPS: ₩306 (vs ₩1,358 in FY 2022)Full year 2023 results: EPS: ₩306 (down from ₩1,358 in FY 2022). Revenue: ₩186.9b (down 14% from FY 2022). Net income: ₩4.26b (down 77% from FY 2022). Profit margin: 2.3% (down from 8.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year.
분석 기사 • Mar 12There's Reason For Concern Over Avaco Co., Ltd.'s (KOSDAQ:083930) PriceAvaco Co., Ltd.'s ( KOSDAQ:083930 ) price-to-earnings (or "P/E") ratio of 27.8x might make it look like a strong sell...
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩15,360, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 21x in the Semiconductor industry in South Korea. Total returns to shareholders of 24% over the past three years.
Upcoming Dividend • Dec 20Upcoming dividend of ₩300 per share at 1.9% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 18 April 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.0%).
New Risk • Nov 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.6% Last year net profit margin: 6.6% 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 Risks Earnings have declined by 20% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.6% net profit margin). Shareholders have been diluted in the past year (8.0% increase in shares outstanding).
New Risk • Oct 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (8.0% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩17,900, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 165% over the past three years.
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩22,900, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 231% over the past three years.
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩20,750, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 219% over the past three years.
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩20,600, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total returns to shareholders of 325% over the past three years.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩14,020, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total returns to shareholders of 209% over the past three years.
Upcoming Dividend • Dec 21Upcoming dividend of ₩300 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 21 April 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.8%).
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₩17,100, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total returns to shareholders of 238% over the past three years.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩11,800, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total returns to shareholders of 148% over the past three years.
Buying Opportunity • Jul 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be ₩12,895, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Earnings per share has declined by 46%.
Buying Opportunity • Jun 23Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be ₩13,116, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Earnings per share has declined by 46%.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Dec 22Upcoming dividend of ₩300 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 13 April 2022. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 2.4%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.9%).
분석 기사 • May 06Avaco (KOSDAQ:083930) Is Doing The Right Things To Multiply Its Share PriceIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
분석 기사 • Apr 18Why Avaco Co., Ltd. (KOSDAQ:083930) Is A Dividend RockstarToday we'll take a closer look at Avaco Co., Ltd. ( KOSDAQ:083930 ) from a dividend investor's perspective. Owning a...
분석 기사 • Apr 02Avaco (KOSDAQ:083930) Could Easily Take On More DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
분석 기사 • Mar 18If You Had Bought Avaco (KOSDAQ:083930) Stock A Year Ago, You Could Pocket A 254% Gain TodayAvaco Co., Ltd. ( KOSDAQ:083930 ) shareholders have seen the share price descend 10% over the month. Despite this, the...
분석 기사 • Feb 28Do Institutions Own Avaco Co., Ltd. (KOSDAQ:083930) Shares?Every investor in Avaco Co., Ltd. ( KOSDAQ:083930 ) should be aware of the most powerful shareholder groups...
공시 • Feb 25Avaco Co., Ltd., Annual General Meeting, Mar 26, 2021Avaco Co., Ltd., Annual General Meeting, Mar 26, 2021, at 10:00 Korea Standard Time.
분석 기사 • Feb 09Avaco Co., Ltd.'s (KOSDAQ:083930) Stock Is Going Strong: Is the Market Following Fundamentals?Avaco (KOSDAQ:083930) has had a great run on the share market with its stock up by a significant 47% over the last...
분석 기사 • Jan 25Here’s What’s Happening With Returns At Avaco (KOSDAQ:083930)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₩13,850, the stock is trading at a trailing P/E ratio of 9.7x, up from the previous P/E ratio of 8x. This compares to an average P/E of 19x in the Semiconductor industry in South Korea. Total returns to shareholders over the past three years are 106%.
Is New 90 Day High Low • Jan 11New 90-day high: ₩11,400The company is up 6.0% from its price of ₩10,750 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 43% over the same period.
분석 기사 • Jan 10The Case For Avaco Co., Ltd. (KOSDAQ:083930): Could It Be A Nice Addition To Your Dividend Portfolio?Is Avaco Co., Ltd. ( KOSDAQ:083930 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
분석 기사 • Dec 24Why You Might Be Interested In Avaco Co., Ltd. (KOSDAQ:083930) For Its Upcoming DividendAvaco Co., Ltd. ( KOSDAQ:083930 ) stock is about to trade ex-dividend in three days. Investors can purchase shares...
Upcoming Dividend • Dec 22Upcoming Dividend of ₩300 Per ShareWill be paid on the 7th of April to those who are registered shareholders by the 29th of December. The trailing yield of 3.0% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (0.8%).
분석 기사 • Dec 15Are Avaco's (KOSDAQ:083930) Statutory Earnings A Good Reflection Of Its Earnings Potential?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
분석 기사 • Nov 30Avaco (KOSDAQ:083930) Has Gifted Shareholders With A Fantastic 127% Total Return On Their InvestmentThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on a lighter note, a...
Valuation Update With 7 Day Price Move • Oct 13Market bids up stock over the past weekAfter last week's 16% share price gain to ₩10,750, the stock is trading at a trailing P/E ratio of 11.1x, up from the previous P/E ratio of 9.6x. This compares to an average P/E of 20x in the Semiconductor industry in South Korea. Total returns to shareholders over the past three years are 79%.
Is New 90 Day High Low • Oct 13New 90-day high: ₩10,750The company is up 38% from its price of ₩7,790 on 15 July 2020. The South Korean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Sep 18New 90-day high: ₩8,950The company is up 23% from its price of ₩7,260 on 19 June 2020. The South Korean market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 5.0% over the same period.