Wonpoong Corporation's (KOSDAQ:008370) Subdued P/E Might Signal An Opportunity
Jul 22
South Korean (KOSPI) Luxury Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies73
- 7D-3.6%
- 3M-1.8%
- 1Y-13.4%
- YTD-11.9%
Last week, the Luxury industry hasn't moved much but Shinsung Tongsang is up 13% in that time. As for the longer term, the industry has declined 13% in the last year. Looking forward, earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the South Korean Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₩16.5t | ₩40.3t | ₩1.8t | 8.3x | 9.1x | 0.4x |
| Sun, 23 Jun 2024 | ₩16.7t | ₩40.3t | ₩1.7t | 8.7x | 9.6x | 0.4x |
| Tue, 21 May 2024 | ₩17.1t | ₩40.1t | ₩1.9t | 8x | 9.1x | 0.4x |
| Thu, 18 Apr 2024 | ₩16.3t | ₩40.0t | ₩1.9t | 7.2x | 8.7x | 0.4x |
| Sat, 16 Mar 2024 | ₩17.3t | ₩40.9t | ₩2.6t | 6.9x | 6.6x | 0.4x |
| Mon, 12 Feb 2024 | ₩18.2t | ₩42.1t | ₩2.6t | 7.1x | 7x | 0.4x |
| Wed, 10 Jan 2024 | ₩18.3t | ₩42.3t | ₩2.4t | 7.5x | 7.5x | 0.4x |
| Fri, 08 Dec 2023 | ₩18.5t | ₩42.3t | ₩2.5t | 7.7x | 7.5x | 0.4x |
| Sun, 05 Nov 2023 | ₩19.0t | ₩43.5t | ₩2.7t | 8.6x | 7x | 0.4x |
| Tue, 03 Oct 2023 | ₩19.4t | ₩43.5t | ₩2.7t | 8.7x | 7.2x | 0.4x |
| Thu, 31 Aug 2023 | ₩19.8t | ₩43.5t | ₩2.7t | 8.3x | 7.2x | 0.5x |
| Sat, 29 Jul 2023 | ₩19.3t | ₩44.3t | ₩2.9t | 6.6x | 6.6x | 0.4x |
| Mon, 26 Jun 2023 | ₩20.8t | ₩45.0t | ₩3.3t | 6.9x | 6.4x | 0.5x |
| Wed, 24 May 2023 | ₩21.0t | ₩45.1t | ₩3.3t | 7.7x | 6.4x | 0.5x |
| Fri, 21 Apr 2023 | ₩21.5t | ₩45.5t | ₩3.2t | 7.1x | 6.6x | 0.5x |
| Sun, 19 Mar 2023 | ₩20.8t | ₩45.3t | ₩3.1t | 6.6x | 6.7x | 0.5x |
| Tue, 14 Feb 2023 | ₩21.9t | ₩45.3t | ₩3.0t | 6.7x | 7.2x | 0.5x |
| Thu, 12 Jan 2023 | ₩20.8t | ₩45.3t | ₩3.0t | 6.6x | 6.9x | 0.5x |
| Sat, 10 Dec 2022 | ₩21.6t | ₩45.3t | ₩3.0t | 6.3x | 7.1x | 0.5x |
| Mon, 07 Nov 2022 | ₩20.8t | ₩41.9t | ₩2.6t | 6.6x | 8.1x | 0.5x |
| Wed, 05 Oct 2022 | ₩20.0t | ₩41.8t | ₩2.6t | 6.9x | 7.8x | 0.5x |
| Fri, 02 Sep 2022 | ₩21.0t | ₩41.5t | ₩2.5t | 8.3x | 8.3x | 0.5x |
| Sun, 31 Jul 2022 | ₩22.0t | ₩39.1t | ₩2.6t | 8.5x | 8.6x | 0.6x |
| Tue, 28 Jun 2022 | ₩21.0t | ₩39.1t | ₩2.6t | 7.6x | 8.2x | 0.5x |
| Thu, 26 May 2022 | ₩23.4t | ₩38.4t | ₩2.6t | 9.1x | 9x | 0.6x |
| Sat, 23 Apr 2022 | ₩25.4t | ₩36.7t | ₩2.5t | 11.6x | 10.3x | 0.7x |
| Mon, 21 Mar 2022 | ₩24.4t | ₩33.8t | ₩1.8t | 11.4x | 13.8x | 0.7x |
| Wed, 16 Feb 2022 | ₩24.8t | ₩33.4t | ₩1.8t | 11.6x | 13.6x | 0.7x |
| Fri, 14 Jan 2022 | ₩26.4t | ₩33.4t | ₩1.8t | 11.7x | 14.5x | 0.8x |
| Sun, 12 Dec 2021 | ₩26.3t | ₩33.4t | ₩1.8t | 11.1x | 14.4x | 0.8x |
| Tue, 09 Nov 2021 | ₩36.1t | ₩33.0t | ₩1.7t | 12.1x | 21.8x | 1.1x |
| Thu, 07 Oct 2021 | ₩33.9t | ₩39.5t | ₩2.2t | 12x | 15.7x | 0.9x |
| Sat, 04 Sep 2021 | ₩35.0t | ₩41.5t | ₩2.1t | 11.6x | 16.3x | 0.8x |
| Mon, 02 Aug 2021 | ₩34.0t | ₩41.5t | ₩2.1t | 12.6x | 15.9x | 0.8x |
Price to Earnings Ratio
15.9x
Current Industry PE
- Investors are relatively neutral on the South Korean Luxury industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 9.5x.
- The industry is trading close to its 3-year average PS ratio of 0.56x.
Past Earnings Growth
- The earnings for companies in the Luxury industry have declined 5.6% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the South Korean Consumer Discretionary industry?
| KR Market | -3.99% | |
| Consumer Discretionary | -2.85% | |
| Luxury | -3.63% | |
| Textiles | -0.45% | |
| Footwear | -1.54% | |
| Apparel, Accessories and Luxury Goods | -4.35% | |
Industry PE
- Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry even though it's trading below its 3-year average PE ratio of 9.6x.
- Analysts are expecting annual earnings growth of 16.7%, which is higher than its past year's earnings decline of 34.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Footwear industry, expecting annual earnings growth of 70% over the next 5 years.
- This is better than its past earnings decline of 4.6% per year.
- In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|
| A005390 Shinsung Tongsang | ₩2.43k | 6.1% +₩20.1b | 34.5% | PE5.7x | |
| A001530 Di Dong Il | ₩28.75k | 3.0% +₩16.5b | 34.6% | PE97.4x | |
| A079980 Huvis | ₩3.43k | 10.7% +₩10.9b | -12.7% | PS0.1x | |
| A008370 Wonpoong | ₩4.98k | 9.8% +₩4.9b | 22.8% | PE7.2x | |
| A011300 Seong An MaterialsLtd | ₩1.09k | 3.5% +₩2.7b | -54.9% | PS3.3x |
