Kyungin Electronics' (KRX:009140) Promising Earnings May Rest On Soft Foundations
Nov 19
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South Korean (KOSPI) Consumer Electronics Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies13
- 7D5.6%
- 3M-5.2%
- 1Y-14.3%
- YTDn/a
Over the last 7 days, the Consumer Electronics industry has risen 2.9%, driven by gains from LG Electronics of 6.3%. During this same period, the LK Samyang underperformed, falling 14%. In contrast, the industry has lost 17% in the last 12 months. Looking forward, earnings are forecast to grow by 41% annually.
Industry Valuation and Performance
Has the South Korean Consumer Electronics Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ₩16.8t | ₩89.0t | ₩1.0t | 12.1x | 16.4x | 0.2x |
| Sat, 19 Oct 2024 | ₩17.5t | ₩89.0t | ₩1.0t | 13.1x | 17.2x | 0.2x |
| Mon, 16 Sep 2024 | ₩18.7t | ₩89.0t | ₩1.0t | 12.9x | 18.3x | 0.2x |
| Wed, 14 Aug 2024 | ₩17.1t | ₩89.2t | ₩1.3t | 12.7x | 13x | 0.2x |
| Fri, 12 Jul 2024 | ₩19.9t | ₩87.5t | ₩621.4b | 19.1x | 32.1x | 0.2x |
| Sun, 09 Jun 2024 | ₩18.2t | ₩87.5t | ₩663.2b | 19.9x | 27.5x | 0.2x |
| Tue, 07 May 2024 | ₩16.8t | ₩86.8t | ₩746.5b | 17.1x | 22.6x | 0.2x |
| Thu, 04 Apr 2024 | ₩17.2t | ₩86.9t | ₩748.6b | 19.7x | 23x | 0.2x |
| Sat, 02 Mar 2024 | ₩17.4t | ₩86.9t | ₩723.4b | 19x | 24.1x | 0.2x |
| Mon, 29 Jan 2024 | ₩17.4t | ₩85.7t | ₩429.0b | 19.3x | 40.6x | 0.2x |
| Wed, 27 Dec 2023 | ₩18.4t | ₩85.7t | ₩429.0b | 19.4x | 43x | 0.2x |
| Fri, 24 Nov 2023 | ₩19.5t | ₩85.7t | ₩542.7b | 20.4x | 35.9x | 0.2x |
| Sun, 22 Oct 2023 | ₩19.3t | ₩86.2t | ₩181.9b | 18x | 106x | 0.2x |
| Tue, 19 Sep 2023 | ₩19.5t | ₩86.2t | ₩181.9b | 19.6x | 106.9x | 0.2x |
| Thu, 17 Aug 2023 | ₩18.4t | ₩86.0t | ₩515.0b | 13.1x | 35.7x | 0.2x |
| Sat, 15 Jul 2023 | ₩22.8t | ₩85.6t | ₩352.8b | 14.2x | 64.7x | 0.3x |
| Mon, 12 Jun 2023 | ₩23.0t | ₩85.6t | ₩352.8b | 14x | 65.2x | 0.3x |
| Wed, 10 May 2023 | ₩20.6t | ₩85.6t | ₩500.5b | 16.9x | 41.1x | 0.2x |
| Fri, 07 Apr 2023 | ₩20.9t | ₩86.1t | ₩1.4t | 14.3x | 15.3x | 0.2x |
| Sun, 05 Mar 2023 | ₩20.4t | ₩85.8t | ₩1.4t | 10.6x | 14.8x | 0.2x |
| Tue, 31 Jan 2023 | ₩18.6t | ₩85.8t | ₩1.4t | 10.8x | 13.6x | 0.2x |
| Thu, 29 Dec 2022 | ₩16.6t | ₩85.8t | ₩1.4t | 9.2x | 12.3x | 0.2x |
| Sat, 26 Nov 2022 | ₩16.8t | ₩85.2t | ₩1.5t | 8.9x | 11.4x | 0.2x |
| Mon, 24 Oct 2022 | ₩15.2t | ₩83.0t | ₩1.7t | 8.3x | 9.1x | 0.2x |
| Wed, 21 Sep 2022 | ₩16.8t | ₩83.0t | ₩1.7t | 9.7x | 10.1x | 0.2x |
| Fri, 19 Aug 2022 | ₩19.1t | ₩81.6t | ₩1.7t | 12.2x | 11.1x | 0.2x |
| Sun, 17 Jul 2022 | ₩17.0t | ₩80.3t | ₩1.9t | 10.8x | 9x | 0.2x |
| Tue, 14 Jun 2022 | ₩18.0t | ₩80.3t | ₩1.9t | 11.4x | 9.5x | 0.2x |
| Thu, 12 May 2022 | ₩20.3t | ₩80.2t | ₩2.1t | 13x | 9.6x | 0.3x |
| Sat, 09 Apr 2022 | ₩22.7t | ₩76.9t | ₩2.1t | 12.7x | 10.7x | 0.3x |
| Mon, 07 Mar 2022 | ₩22.8t | ₩76.9t | ₩2.2t | 19.7x | 10.6x | 0.3x |
| Wed, 02 Feb 2022 | ₩23.4t | ₩23.1t | -₩104,347,207,732.00 | 20x | -224.5x | 1x |
| Fri, 31 Dec 2021 | ₩25.3t | ₩78.5t | ₩1.9t | 22.8x | 13.4x | 0.3x |
| Sun, 28 Nov 2021 | ₩22.6t | ₩78.5t | ₩1.9t | 25x | 11.7x | 0.3x |
Price to Earnings Ratio
11.7x
Current Industry PE
- Investors are pessimistic on the South Korean Consumer Electronics industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 16.1x which is lower than its 3-year average PE of 22.0x.
- The industry is trading close to its 3-year average PS ratio of 0.24x.
Past Earnings Growth
- The earnings for companies in the Consumer Electronics industry have declined 19% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.3% 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, which has decreased profits.
Industry Comparison
How does South Korean Consumer Electronics compare with similar industries?
| KR Market | 2.33% | |
| Consumer Discretionary | 4.53% | |
| Consumer Durables | 3.83% | |
| Consumer Electronics | 5.55% | |
| Housewares and Specialties | 4.94% | |
| Household Appliances | 0.93% | |
| Homebuilding | 0.33% | |
| Home Furnishings | -1.14% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| A066570 LG Electronics | ₩92.90k | 3.6% +₩576.2b | -12.4% | PE17.7x | |
| A060570 Dreamus | ₩1.67k | 10.1% +₩11.6b | -47.0% | PS0.5x | |
| A084730 THINKWARE | ₩10.03k | 3.4% +₩4.0b | -39.7% | PE6.6x | |
| A008700 Anam ElectronicsLtd | ₩1.15k | 2.0% +₩1.8b | -38.3% | PE10.8x | |
| A004270 Namsung | ₩1.18k | 4.6% +₩1.6b | -45.0% | PS0.5x |
