View Future GrowthAtec 과거 순이익 실적과거 기준 점검 0/6Atec은 연평균 41.1%의 비율로 수입이 증가해 온 반면, Tech 산업은 수입이 30.1% 증가했습니다. 매출은 연평균 50.9%의 비율로 증가했습니다. Atec의 자기자본이익률은 1.2%이고 순이익률은 0.8%입니다.핵심 정보41.08%순이익 성장률43.84%주당순이익(EPS) 성장률Tech 산업 성장률-2.85%매출 성장률50.86%자기자본이익률1.23%순이익률0.81%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Mar 25Full year 2025 earnings released: EPS: ₩175 (vs ₩1,741 in FY 2024)Full year 2025 results: EPS: ₩175 (down from ₩1,741 in FY 2024). Revenue: ₩160.2b (up 252% from FY 2024). Net income: ₩1.30b (down 90% from FY 2024). Profit margin: 0.8% (down from 28% in FY 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.분석 기사 • Mar 30Atec (KOSDAQ:045660) Strong Profits May Be Masking Some Underlying IssuesThe market shrugged off Atec Co. Ltd.'s ( KOSDAQ:045660 ) solid earnings report. We did some digging and believe...모든 업데이트 보기Recent updatesReported Earnings • Mar 25Full year 2025 earnings released: EPS: ₩175 (vs ₩1,741 in FY 2024)Full year 2025 results: EPS: ₩175 (down from ₩1,741 in FY 2024). Revenue: ₩160.2b (up 252% from FY 2024). Net income: ₩1.30b (down 90% from FY 2024). Profit margin: 0.8% (down from 28% in FY 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공지 • Mar 13Atec Co. Ltd., Annual General Meeting, Mar 27, 2026Atec Co. Ltd., Annual General Meeting, Mar 27, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 289, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South KoreaValuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩8,790, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 12x in the Tech industry in South Korea. Total returns to shareholders of 1.6% over the past three years.New Risk • Nov 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 48% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (48% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (15% net profit margin). Market cap is less than US$100m (₩75.9b market cap, or US$51.7m).New Risk • Aug 30New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended September 2012. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2012 fiscal period end). Minor Risk Market cap is less than US$100m (₩94.8b market cap, or US$68.4m).New Risk • Jun 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩118.8b (US$87.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (48% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩118.8b market cap, or US$87.2m).Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩16,180, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 6x in the Tech industry in South Korea. Total returns to shareholders of 43% over the past three years.New Risk • May 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 48% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (48% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩24,550, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 16x in the Tech industry in South Korea. Total returns to shareholders of 108% over the past three years.분석 기사 • May 07These 4 Measures Indicate That Atec (KOSDAQ:045660) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩33,950, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 16x in the Tech industry in South Korea. Total returns to shareholders of 162% over the past three years.분석 기사 • Mar 30Atec (KOSDAQ:045660) Strong Profits May Be Masking Some Underlying IssuesThe market shrugged off Atec Co. Ltd.'s ( KOSDAQ:045660 ) solid earnings report. We did some digging and believe...New Risk • Mar 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 26% Last year net profit margin: 92% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (26% net profit margin).Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩26,650, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 11x in the Tech industry in South Korea. Total returns to shareholders of 104% over the past three years.공지 • Mar 12Atec Co. Ltd., Annual General Meeting, Mar 28, 2025Atec Co. Ltd., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 289, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South KoreaValuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩29,850, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 10x in the Tech industry in South Korea. Total returns to shareholders of 101% over the past three years.Valuation Update With 7 Day Price Move • Jan 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩26,750, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 11x in the Tech industry in South Korea. Total returns to shareholders of 29% over the past three years.분석 기사 • Jan 03Is Atec (KOSDAQ:045660) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₩34,400, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 10x in the Tech industry in South Korea. Total returns to shareholders of 20% over the past three years.Valuation Update With 7 Day Price Move • Dec 19Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩28,000, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 12x in the Tech industry in South Korea. Total returns to shareholders of 27% over the past three years.분석 기사 • Dec 12Is Now The Time To Put Atec (KOSDAQ:045660) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 35%After last week's 35% share price gain to ₩18,770, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 8x in the Tech industry in South Korea. Total loss to shareholders of 11% over the past three years.New Risk • Dec 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 57% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (57% accrual ratio). Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩104.1b market cap, or US$74.1m).Buy Or Sell Opportunity • Nov 25Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 9.8% to ₩16,190. The fair value is estimated to be ₩12,324, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.분석 기사 • Nov 19Estimating The Intrinsic Value Of Atec Co. Ltd. (KOSDAQ:045660)Key Insights Atec's estimated fair value is ₩12,330 based on 2 Stage Free Cash Flow to Equity Current share price of...New Risk • Nov 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 15% over the past year. Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₩89.6b market cap, or US$64.3m).Valuation Update With 7 Day Price Move • Nov 15Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩13,090, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 9x in the Tech industry in South Korea. Total loss to shareholders of 38% over the past three years.Buy Or Sell Opportunity • Oct 25Now 21% overvaluedOver the last 90 days, the stock has fallen 5.4% to ₩14,840. The fair value is estimated to be ₩12,312, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.Buy Or Sell Opportunity • Oct 10Now 21% overvaluedOver the last 90 days, the stock has fallen 12% to ₩14,410. The fair value is estimated to be ₩11,949, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩119.8b market cap, or US$91.0m).Buy Or Sell Opportunity • Sep 06Now 23% overvaluedOver the last 90 days, the stock has fallen 12% to ₩14,680. The fair value is estimated to be ₩11,947, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩13,160, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 12x in the Tech industry in South Korea. Total loss to shareholders of 57% over the past three years.공지 • May 30Atec Co. Ltd. (KOSDAQ:A045660) agreed to acquire Production and Sales Business of financialized automatic equipment products of Atec Ap Co. Ltd for KRW 43.8 billion.Atec Co. Ltd. (KOSDAQ:A045660) agreed to acquire Production and Sales Business of financialized automatic equipment products of Atec Ap Co. Ltd for KRW 43.8 billion on May 28, 2024. The transaction will be financed from cash on hand and borrowing from financial institutions. The transaction is expected to close on August 31, 2024.분석 기사 • May 23Atec (KOSDAQ:045660) Could Be Struggling To Allocate CapitalTo avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩17,920, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 11x in the Tech industry in South Korea. Total loss to shareholders of 49% over the past three years.공지 • Apr 09Atec Co. Ltd. (KOSDAQ:A045660) announces an Equity Buyback for KRW 4,000 million worth of its shares.Atec Co. Ltd. (KOSDAQ:A045660) announces a share repurchase program. Under the program, the company will repurchase up to KRW 4,000 million worth of its shares according to the contract with Samsung Securities. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on October 8, 2024. As of April 8, 2024, the company had 497,719 treasury shares holdings which were acquired within the scope of dividends and 0 shares through other acquisition.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to ₩15,000, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 11x in the Tech industry in South Korea. Total loss to shareholders of 59% over the past three years.New Risk • Apr 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 24% over the past year. Minor Risks Less than 3 years of financial data is available. Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (₩118.8b market cap, or US$88.2m).Upcoming Dividend • Dec 20Upcoming dividend of ₩200 per share at 1.6% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 03 April 2024. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.0%).Upcoming Dividend • Dec 21Upcoming dividend of ₩100.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 03 April 2023. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.5%).공지 • Sep 27Atec Co. Ltd. (KOSDAQ:A045660) announces an Equity Buyback for KRW 2,000 million worth of its shares.Atec Co. Ltd. (KOSDAQ:A045660) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares according to the contract with Samsung Securities. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on March 25, 2023. As of September 25, 2022, the company had 326,098 treasury shares holdings which were acquired within the scope of dividends and 0 shares through other acquisition.Upcoming Dividend • Dec 22Inaugural dividend of ₩200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for Atec since going public. The average dividend yield among industry peers is 1.8%.Is New 90 Day High Low • Feb 26New 90-day low: ₩29,100The company is down 1.0% from its price of ₩29,350 on 27 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 25% over the same period.공지 • Feb 17Atec Co. Ltd., Annual General Meeting, Mar 19, 2021Atec Co. Ltd., Annual General Meeting, Mar 19, 2021, at 09:00 Korea Standard Time.Is New 90 Day High Low • Nov 25New 90-day low: ₩29,600The company is down 21% from its price of ₩37,300 on 28 August 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 22% over the same period.매출 및 비용 세부 내역Atec가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이KOSDAQ:A045660 매출, 비용 및 순이익 (KRW Millions)날짜매출순이익일반관리비연구개발비31 Dec 25160,2131,29621,95912,03930 Sep 2589,62113,5186,87411,52530 Jun 25105,11128,32117,3239,07931 Mar 2569,68826,76111,6076,35031 Dec 2445,52712,7878,9253,84230 Sep 2415,39612,9129,5081,48230 Jun 24-32,3792,965-3,32758631 Mar 24-13,6982,867-66964631 Dec 233,7043,4171,34968631 Dec 2294,3325,36010,122862양질의 수익: A045660는 ₩2.4B 규모의 큰 일회성 손실이 있어 31st December, 2025까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: A045660의 현재 순 이익률 (0.8%)은 지난해 (28.1%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 지난 5년 동안 A045660의 연간 수익 성장률이 양(+)이었는지 판단하기에 데이터가 부족합니다.성장 가속화: A045660은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: A045660은 지난 1년 동안 수익이 감소(-89.9%)하여 Tech 업계 평균(58%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: A045660의 자본 수익률(1.2%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/08 16:34종가2026/05/08 00:00수익2025/12/31연간 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 소스Atec Co. Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hyun Jung DohDaishin Securities Co. Ltd.
Reported Earnings • Mar 25Full year 2025 earnings released: EPS: ₩175 (vs ₩1,741 in FY 2024)Full year 2025 results: EPS: ₩175 (down from ₩1,741 in FY 2024). Revenue: ₩160.2b (up 252% from FY 2024). Net income: ₩1.30b (down 90% from FY 2024). Profit margin: 0.8% (down from 28% in FY 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
분석 기사 • Mar 30Atec (KOSDAQ:045660) Strong Profits May Be Masking Some Underlying IssuesThe market shrugged off Atec Co. Ltd.'s ( KOSDAQ:045660 ) solid earnings report. We did some digging and believe...
Reported Earnings • Mar 25Full year 2025 earnings released: EPS: ₩175 (vs ₩1,741 in FY 2024)Full year 2025 results: EPS: ₩175 (down from ₩1,741 in FY 2024). Revenue: ₩160.2b (up 252% from FY 2024). Net income: ₩1.30b (down 90% from FY 2024). Profit margin: 0.8% (down from 28% in FY 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공지 • Mar 13Atec Co. Ltd., Annual General Meeting, Mar 27, 2026Atec Co. Ltd., Annual General Meeting, Mar 27, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 289, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩8,790, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 12x in the Tech industry in South Korea. Total returns to shareholders of 1.6% over the past three years.
New Risk • Nov 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 48% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (48% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (15% net profit margin). Market cap is less than US$100m (₩75.9b market cap, or US$51.7m).
New Risk • Aug 30New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended September 2012. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2012 fiscal period end). Minor Risk Market cap is less than US$100m (₩94.8b market cap, or US$68.4m).
New Risk • Jun 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩118.8b (US$87.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (48% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩118.8b market cap, or US$87.2m).
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩16,180, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 6x in the Tech industry in South Korea. Total returns to shareholders of 43% over the past three years.
New Risk • May 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 48% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (48% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩24,550, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 16x in the Tech industry in South Korea. Total returns to shareholders of 108% over the past three years.
분석 기사 • May 07These 4 Measures Indicate That Atec (KOSDAQ:045660) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩33,950, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 16x in the Tech industry in South Korea. Total returns to shareholders of 162% over the past three years.
분석 기사 • Mar 30Atec (KOSDAQ:045660) Strong Profits May Be Masking Some Underlying IssuesThe market shrugged off Atec Co. Ltd.'s ( KOSDAQ:045660 ) solid earnings report. We did some digging and believe...
New Risk • Mar 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 26% Last year net profit margin: 92% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (26% net profit margin).
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩26,650, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 11x in the Tech industry in South Korea. Total returns to shareholders of 104% over the past three years.
공지 • Mar 12Atec Co. Ltd., Annual General Meeting, Mar 28, 2025Atec Co. Ltd., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 289, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩29,850, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 10x in the Tech industry in South Korea. Total returns to shareholders of 101% over the past three years.
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩26,750, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 11x in the Tech industry in South Korea. Total returns to shareholders of 29% over the past three years.
분석 기사 • Jan 03Is Atec (KOSDAQ:045660) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₩34,400, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 10x in the Tech industry in South Korea. Total returns to shareholders of 20% over the past three years.
Valuation Update With 7 Day Price Move • Dec 19Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩28,000, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 12x in the Tech industry in South Korea. Total returns to shareholders of 27% over the past three years.
분석 기사 • Dec 12Is Now The Time To Put Atec (KOSDAQ:045660) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 35%After last week's 35% share price gain to ₩18,770, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 8x in the Tech industry in South Korea. Total loss to shareholders of 11% over the past three years.
New Risk • Dec 02New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 57% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (57% accrual ratio). Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩104.1b market cap, or US$74.1m).
Buy Or Sell Opportunity • Nov 25Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 9.8% to ₩16,190. The fair value is estimated to be ₩12,324, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.
분석 기사 • Nov 19Estimating The Intrinsic Value Of Atec Co. Ltd. (KOSDAQ:045660)Key Insights Atec's estimated fair value is ₩12,330 based on 2 Stage Free Cash Flow to Equity Current share price of...
New Risk • Nov 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 15% over the past year. Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₩89.6b market cap, or US$64.3m).
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩13,090, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 9x in the Tech industry in South Korea. Total loss to shareholders of 38% over the past three years.
Buy Or Sell Opportunity • Oct 25Now 21% overvaluedOver the last 90 days, the stock has fallen 5.4% to ₩14,840. The fair value is estimated to be ₩12,312, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.
Buy Or Sell Opportunity • Oct 10Now 21% overvaluedOver the last 90 days, the stock has fallen 12% to ₩14,410. The fair value is estimated to be ₩11,949, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩119.8b market cap, or US$91.0m).
Buy Or Sell Opportunity • Sep 06Now 23% overvaluedOver the last 90 days, the stock has fallen 12% to ₩14,680. The fair value is estimated to be ₩11,947, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last year, while earnings per share has been flat.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩13,160, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 12x in the Tech industry in South Korea. Total loss to shareholders of 57% over the past three years.
공지 • May 30Atec Co. Ltd. (KOSDAQ:A045660) agreed to acquire Production and Sales Business of financialized automatic equipment products of Atec Ap Co. Ltd for KRW 43.8 billion.Atec Co. Ltd. (KOSDAQ:A045660) agreed to acquire Production and Sales Business of financialized automatic equipment products of Atec Ap Co. Ltd for KRW 43.8 billion on May 28, 2024. The transaction will be financed from cash on hand and borrowing from financial institutions. The transaction is expected to close on August 31, 2024.
분석 기사 • May 23Atec (KOSDAQ:045660) Could Be Struggling To Allocate CapitalTo avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩17,920, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 11x in the Tech industry in South Korea. Total loss to shareholders of 49% over the past three years.
공지 • Apr 09Atec Co. Ltd. (KOSDAQ:A045660) announces an Equity Buyback for KRW 4,000 million worth of its shares.Atec Co. Ltd. (KOSDAQ:A045660) announces a share repurchase program. Under the program, the company will repurchase up to KRW 4,000 million worth of its shares according to the contract with Samsung Securities. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on October 8, 2024. As of April 8, 2024, the company had 497,719 treasury shares holdings which were acquired within the scope of dividends and 0 shares through other acquisition.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to ₩15,000, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 11x in the Tech industry in South Korea. Total loss to shareholders of 59% over the past three years.
New Risk • Apr 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 24% over the past year. Minor Risks Less than 3 years of financial data is available. Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (₩118.8b market cap, or US$88.2m).
Upcoming Dividend • Dec 20Upcoming dividend of ₩200 per share at 1.6% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 03 April 2024. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.0%).
Upcoming Dividend • Dec 21Upcoming dividend of ₩100.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 03 April 2023. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.5%).
공지 • Sep 27Atec Co. Ltd. (KOSDAQ:A045660) announces an Equity Buyback for KRW 2,000 million worth of its shares.Atec Co. Ltd. (KOSDAQ:A045660) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares according to the contract with Samsung Securities. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on March 25, 2023. As of September 25, 2022, the company had 326,098 treasury shares holdings which were acquired within the scope of dividends and 0 shares through other acquisition.
Upcoming Dividend • Dec 22Inaugural dividend of ₩200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for Atec since going public. The average dividend yield among industry peers is 1.8%.
Is New 90 Day High Low • Feb 26New 90-day low: ₩29,100The company is down 1.0% from its price of ₩29,350 on 27 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 25% over the same period.
공지 • Feb 17Atec Co. Ltd., Annual General Meeting, Mar 19, 2021Atec Co. Ltd., Annual General Meeting, Mar 19, 2021, at 09:00 Korea Standard Time.
Is New 90 Day High Low • Nov 25New 90-day low: ₩29,600The company is down 21% from its price of ₩37,300 on 28 August 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 22% over the same period.