Returns At Hyosung Heavy Industries (KRX:298040) Are On The Way Up
Apr 23
South Korean (KOSPI) Industrials Sector Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies434
- 7D4.3%
- 3M5.4%
- 1Y-5.8%
- YTD-5.0%
Over the last 7 days, the Industrials industry has dropped 1.1%, driven by Shinsung Delta TechLtd declining 8.6%. In contrast, Hanwha Ocean has gained 20%. The industry has fallen 11% in the last year. Earnings are forecast to grow by 35% annually.
Sector Valuation and Performance
Has the South Korean Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | ₩490.9t | ₩911.4t | ₩17.9t | 11.7x | 27.4x | 0.5x |
| Fri, 22 Mar 2024 | ₩522.8t | ₩921.4t | ₩16.6t | 12.5x | 31.5x | 0.6x |
| Sun, 18 Feb 2024 | ₩503.7t | ₩918.9t | ₩16.5t | 12.8x | 30.6x | 0.5x |
| Tue, 16 Jan 2024 | ₩489.0t | ₩925.7t | ₩17.0t | 12.7x | 28.7x | 0.5x |
| Thu, 14 Dec 2023 | ₩463.9t | ₩917.5t | ₩17.0t | 12x | 27.2x | 0.5x |
| Sat, 11 Nov 2023 | ₩413.1t | ₩913.9t | ₩19.4t | 11.9x | 21.3x | 0.5x |
| Mon, 09 Oct 2023 | ₩431.5t | ₩914.0t | ₩19.4t | 12.4x | 22.2x | 0.5x |
| Wed, 06 Sep 2023 | ₩492.4t | ₩914.0t | ₩19.5t | 12.8x | 25.2x | 0.5x |
| Fri, 04 Aug 2023 | ₩510.3t | ₩904.9t | ₩25.2t | 13.2x | 20.2x | 0.6x |
| Sun, 02 Jul 2023 | ₩451.2t | ₩902.8t | ₩25.2t | 13.8x | 17.9x | 0.5x |
| Tue, 30 May 2023 | ₩430.6t | ₩899.1t | ₩26.2t | 12.9x | 16.5x | 0.5x |
| Thu, 27 Apr 2023 | ₩428.7t | ₩880.3t | ₩28.2t | 13.4x | 15.2x | 0.5x |
| Sat, 25 Mar 2023 | ₩414.0t | ₩861.4t | ₩30.6t | 12.4x | 13.5x | 0.5x |
| Mon, 20 Feb 2023 | ₩401.6t | ₩840.3t | ₩32.6t | 11.9x | 12.3x | 0.5x |
| Wed, 18 Jan 2023 | ₩373.9t | ₩840.0t | ₩32.5t | 11.5x | 11.5x | 0.4x |
| Fri, 16 Dec 2022 | ₩383.3t | ₩839.7t | ₩32.5t | 12.1x | 11.8x | 0.5x |
| Sun, 13 Nov 2022 | ₩424.1t | ₩793.1t | ₩28.0t | 12.7x | 15.1x | 0.5x |
| Tue, 11 Oct 2022 | ₩370.6t | ₩790.5t | ₩30.7t | 12.6x | 12.1x | 0.5x |
| Thu, 08 Sep 2022 | ₩399.1t | ₩790.0t | ₩30.7t | 13.4x | 13x | 0.5x |
| Sat, 06 Aug 2022 | ₩387.3t | ₩747.0t | ₩23.6t | 14.2x | 16.4x | 0.5x |
| Mon, 04 Jul 2022 | ₩357.1t | ₩746.6t | ₩23.6t | 12.8x | 15.1x | 0.5x |
| Wed, 01 Jun 2022 | ₩404.8t | ₩746.8t | ₩23.7t | 14.4x | 17.1x | 0.5x |
| Fri, 29 Apr 2022 | ₩394.7t | ₩689.4t | ₩19.2t | 14.8x | 20.6x | 0.6x |
| Sun, 27 Mar 2022 | ₩393.6t | ₩685.8t | ₩18.0t | 14.1x | 21.9x | 0.6x |
| Tue, 22 Feb 2022 | ₩372.9t | ₩642.1t | ₩10.4t | 14.4x | 35.8x | 0.6x |
| Thu, 20 Jan 2022 | ₩272.4t | ₩666.2t | ₩10.1t | 14.4x | 27.1x | 0.4x |
| Sat, 18 Dec 2021 | ₩286.0t | ₩666.2t | ₩10.0t | 14.9x | 28.5x | 0.4x |
| Mon, 15 Nov 2021 | ₩292.2t | ₩634.6t | ₩6.9t | 16.8x | 42.5x | 0.5x |
| Wed, 13 Oct 2021 | ₩286.4t | ₩634.0t | ₩6.7t | 17.1x | 42.5x | 0.5x |
| Fri, 10 Sep 2021 | ₩296.9t | ₩633.4t | ₩7.7t | 18x | 38.4x | 0.5x |
| Sun, 08 Aug 2021 | ₩314.4t | ₩628.9t | ₩7.7t | 18.3x | 40.9x | 0.5x |
| Sat, 01 May 2021 | ₩283.6t | ₩601.3t | ₩5.9t | 17.5x | 47.8x | 0.5x |
Price to Earnings Ratio
47.8x
Current Industry PE
- Investors are relatively neutral on the South Korean Industrials 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 25.2x.
- The industry is trading close to its 3-year average PS ratio of 0.50x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 44% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the South Korean Industrials sector?
| KR Market | 0.53% | |
| Industrials | 4.26% | |
| Machinery | 8.33% | |
| Aerospace & Defense | 7.61% | |
| Logistics | 4.73% | |
| Commercial Services | 3.60% | |
| Electrical | 3.39% | |
| Transportation | 3.06% | |
| Trade Distributors | 3.06% | |
| Industrials | 2.96% | |
| Airlines | 2.84% | |
| Construction | 2.61% | |
| Building | 2.51% | |
| Marine and Shipping | 2.43% | |
| Infrastructure | 0.85% | |
| Professional Services | -3.76% | |
Industry PE
- Investors are most optimistic about the Electrical industry even though it's trading below its 3-year average PE ratio of 109x.
- Analysts are expecting annual earnings growth of 37.7%, which is lower than the prior year's growth of 42.6% per year.
- Investors are most pessimistic about the Infrastructure industry, which is trading below its 3-year average of 227x.
Forecasted Growth
- Analysts are most optimistic on the Machinery industry, expecting annual earnings growth of 59% over the next 5 years.
- This is better than its past earnings growth rate of 14% per year.
- In contrast, the Aerospace & Defense industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| A042660 Hanwha Ocean | ₩34.75k | 19.8% +₩1.8t | 21.7% | PE78.2x | |
| A003670 Posco Future M | ₩275.00k | 7.0% +₩1.4t | -20.9% | PE741.3x | |
| A329180 HD Hyundai Heavy IndustriesLtd | ₩127.20k | 13.6% +₩1.3t | 15.8% | PE457.4x | |
| A012450 Hanwha Aerospace | ₩236.50k | 12.1% +₩1.3t | 114.0% | PE14.6x | |
| A247540 Ecopro BM | ₩233.50k | 5.9% +₩1.3t | -7.9% | PS3.3x |
