Is Now The Time To Put Samsung C&T (KRX:028260) On Your Watchlist?
Apr 20
South Korean (KOSPI) Market Analysis & Valuation
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies2601
- 7D2.2%
- 3M6.3%
- 1Y5.4%
- YTD-1.0%
Over the last 7 days, the market has remained flat, although notably the Financials sector gained 5.1% in that time. Meanwhile, the market is actually up 4.5% over the past year. Looking forward, earnings are forecast to grow by 30% annually.
Market Valuation and Performance
Has the South Korean Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | ₩2480.3t | ₩3515.1t | ₩105.7t | 13x | 23.5x | 0.7x |
| Mon, 25 Mar 2024 | ₩2571.0t | ₩3521.4t | ₩103.4t | 14.1x | 24.9x | 0.7x |
| Wed, 21 Feb 2024 | ₩2481.7t | ₩3618.8t | ₩91.1t | 14.4x | 27.2x | 0.7x |
| Fri, 19 Jan 2024 | ₩2304.5t | ₩3637.0t | ₩105.7t | 14.4x | 21.8x | 0.6x |
| Sun, 17 Dec 2023 | ₩2391.7t | ₩3643.1t | ₩104.5t | 14.4x | 22.9x | 0.7x |
| Tue, 14 Nov 2023 | ₩2231.7t | ₩3678.1t | ₩108.6t | 12.8x | 20.6x | 0.6x |
| Thu, 12 Oct 2023 | ₩2272.7t | ₩3649.9t | ₩106.6t | 13.1x | 21.3x | 0.6x |
| Sat, 09 Sep 2023 | ₩2386.4t | ₩3651.5t | ₩108.0t | 13.9x | 22.1x | 0.7x |
| Mon, 07 Aug 2023 | ₩2428.6t | ₩3692.1t | ₩124.8t | 13.9x | 19.5x | 0.7x |
| Wed, 05 Jul 2023 | ₩2408.8t | ₩3669.5t | ₩133.6t | 14.7x | 18x | 0.7x |
| Fri, 02 Jun 2023 | ₩2367.3t | ₩3658.3t | ₩132.6t | 14.2x | 17.9x | 0.6x |
| Sun, 30 Apr 2023 | ₩2301.3t | ₩3632.5t | ₩147.8t | 13.5x | 15.6x | 0.6x |
| Tue, 28 Mar 2023 | ₩2216.8t | ₩3631.5t | ₩161.1t | 12.9x | 13.8x | 0.6x |
| Thu, 23 Feb 2023 | ₩2201.2t | ₩3616.0t | ₩184.9t | 12x | 11.9x | 0.6x |
| Sat, 21 Jan 2023 | ₩2154.5t | ₩3522.3t | ₩168.8t | 11.4x | 12.8x | 0.6x |
| Mon, 19 Dec 2022 | ₩2125.0t | ₩3521.2t | ₩168.2t | 11.4x | 12.6x | 0.6x |
| Wed, 16 Nov 2022 | ₩2220.5t | ₩3369.9t | ₩186.3t | 12.2x | 11.9x | 0.7x |
| Fri, 14 Oct 2022 | ₩1932.5t | ₩3333.7t | ₩187.1t | 10.5x | 10.3x | 0.6x |
| Sun, 11 Sep 2022 | ₩2149.6t | ₩3333.3t | ₩186.2t | 12.3x | 11.5x | 0.6x |
| Tue, 09 Aug 2022 | ₩2256.6t | ₩3174.8t | ₩189.5t | 13.1x | 11.9x | 0.7x |
| Thu, 07 Jul 2022 | ₩2059.1t | ₩3163.7t | ₩187.5t | 12.1x | 11x | 0.7x |
| Sat, 04 Jun 2022 | ₩2408.5t | ₩3162.0t | ₩189.7t | 14.4x | 12.7x | 0.8x |
| Mon, 02 May 2022 | ₩2440.7t | ₩3014.8t | ₩184.8t | 14.6x | 13.2x | 0.8x |
| Wed, 30 Mar 2022 | ₩2475.1t | ₩2987.7t | ₩180.4t | 15x | 13.7x | 0.8x |
| Fri, 25 Feb 2022 | ₩2371.8t | ₩2864.3t | ₩165.5t | 14.7x | 14.3x | 0.8x |
| Sun, 23 Jan 2022 | ₩2424.2t | ₩2851.2t | ₩155.9t | 15.7x | 15.6x | 0.9x |
| Tue, 21 Dec 2021 | ₩2528.4t | ₩2859.1t | ₩155.9t | 15.5x | 16.2x | 0.9x |
| Thu, 18 Nov 2021 | ₩2539.1t | ₩2755.0t | ₩149.4t | 16.7x | 17x | 0.9x |
| Sat, 16 Oct 2021 | ₩2526.1t | ₩2738.6t | ₩135.9t | 17x | 18.6x | 0.9x |
| Mon, 13 Sep 2021 | ₩2604.0t | ₩2757.8t | ₩137.5t | 17.7x | 18.9x | 0.9x |
| Wed, 11 Aug 2021 | ₩2679.8t | ₩2754.4t | ₩137.0t | 18.6x | 19.6x | 1x |
| Sun, 06 Jun 2021 | ₩2553.2t | ₩2610.0t | ₩110.2t | 19.2x | 23.2x | 1x |
Price to Earnings Ratio
22.7x
Current Market PE
- Investors are optimistic on the South Korean market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 23.2x which is higher than its 3-year average PE of 17.1x.
Past Earnings Growth
- The earnings for South Korean listed companies have remained mostly flat over the last three years.
- Meanwhile revenues have grown 10% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Sector Trends
Which sectors have driven the changes within the South Korean Market?
| KR Market | 2.24% | |
| Financials | 9.95% | |
| Utilities | 4.31% | |
| Consumer Discretionary | 4.02% | |
| Industrials | 3.81% | |
| Consumer Staples | 2.32% | |
| Real Estate | 2.08% | |
| Energy | 1.58% | |
| Healthcare | 1.41% | |
| Materials | 0.78% | |
| Tech | 0.25% | |
| Telecom | -1.46% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 168x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 32.2%, which is higher than its past year's earnings growth of 13.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 73% over the next 5 years.
- This is better than its past earnings growth rate of 4.7% per year.
- In contrast, the Real Estate sector is expected to see its earnings decline by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| A105560 KB Financial Group | ₩76.00k | 19.3% +₩4.7t | 53.5% | PB0.5x | Financials | |
| A005380 Hyundai Motor | ₩249.50k | 6.2% +₩3.3t | 26.3% | PE5.1x | Consumer Discretionary | |
| A000660 SK hynix | ₩177.80k | 2.6% +₩3.1t | 98.7% | PS3.7x | Tech | |
| A000270 Kia | ₩118.20k | 7.1% +₩3.1t | 39.9% | PE5.3x | Consumer Discretionary | |
| A055550 Shinhan Financial Group | ₩46.75k | 12.0% +₩2.5t | 33.8% | PB0.4x | Financials |
