Is Korean Air Lines (KRX:003490) A Risky Investment?
Apr 01
South Korean (KOSPI) Airlines Industry Analysis
UpdatedApr 13, 2024
DataAggregated Company Financials
Companies7
- 7D-1.9%
- 3M-13.8%
- 1Y-5.0%
- YTDn/a
Over the last 7 days, the Airlines industry has dropped 1.9%, driven by Korean AirlinesLtd declining 2.8%. The industry has fallen 5.0% in the last year. As for the next few years, earnings are expected to grow by 6.0% per annum.
Industry Valuation and Performance
Has the South Korean Airlines Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 15 Apr 2024 | ₩14.8t | ₩27.1t | ₩1.7t | 7.2x | 8.7x | 0.5x |
| Wed, 13 Mar 2024 | ₩15.4t | ₩26.4t | ₩2.0t | 7.6x | 7.5x | 0.6x |
| Fri, 09 Feb 2024 | ₩17.1t | ₩25.9t | ₩2.3t | 6.3x | 7.3x | 0.7x |
| Sun, 07 Jan 2024 | ₩17.4t | ₩25.9t | ₩2.3t | 6.4x | 7.5x | 0.7x |
| Tue, 05 Dec 2023 | ₩14.9t | ₩25.9t | ₩2.3t | 6.2x | 6.4x | 0.6x |
| Thu, 02 Nov 2023 | ₩13.4t | ₩24.8t | ₩1.8t | 10.1x | 7.4x | 0.5x |
| Sat, 30 Sep 2023 | ₩13.9t | ₩24.8t | ₩1.8t | 9.5x | 7.7x | 0.6x |
| Mon, 28 Aug 2023 | ₩14.8t | ₩24.8t | ₩1.8t | 9.6x | 8.2x | 0.6x |
| Wed, 26 Jul 2023 | ₩15.4t | ₩23.6t | ₩1.7t | 7.4x | 9.3x | 0.7x |
| Fri, 23 Jun 2023 | ₩16.0t | ₩23.6t | ₩1.7t | 7.8x | 9.7x | 0.7x |
| Sun, 21 May 2023 | ₩14.9t | ₩22.4t | ₩1.6t | 6.8x | 9.4x | 0.7x |
| Tue, 18 Apr 2023 | ₩15.6t | ₩21.7t | ₩1.9t | 6.7x | 8.2x | 0.7x |
| Thu, 16 Mar 2023 | ₩14.2t | ₩15.4t | ₩1.7t | 6.6x | 8.5x | 0.9x |
| Sat, 11 Feb 2023 | ₩14.6t | ₩14.4t | ₩1.7t | 6.1x | 8.5x | 1x |
| Mon, 09 Jan 2023 | ₩13.7t | ₩14.4t | ₩1.7t | 5.7x | 8x | 0.9x |
| Wed, 07 Dec 2022 | ₩14.3t | ₩14.4t | ₩1.7t | 6.2x | 8.3x | 1x |
| Fri, 04 Nov 2022 | ₩12.8t | ₩12.6t | ₩1.3t | 7.7x | 9.6x | 1x |
| Sun, 02 Oct 2022 | ₩12.6t | ₩12.6t | ₩1.3t | 7.3x | 9.5x | 1x |
| Tue, 30 Aug 2022 | ₩15.6t | ₩12.7t | ₩1.2t | 10.3x | 13.1x | 1.2x |
| Thu, 28 Jul 2022 | ₩16.3t | ₩16.0t | ₩647.1b | 14.4x | 25.3x | 1x |
| Sat, 25 Jun 2022 | ₩16.2t | ₩16.0t | ₩647.1b | 14.7x | 25x | 1x |
| Mon, 23 May 2022 | ₩17.9t | ₩15.5t | ₩159.0b | 114.2x | 112.8x | 1.2x |
| Wed, 20 Apr 2022 | ₩19.4t | ₩14.4t | -₩443,156,337,729.00 | 122.8x | -43.7x | 1.3x |
| Fri, 18 Mar 2022 | ₩17.7t | ₩13.5t | -₩268,998,546,650.00 | 18.3x | -65.9x | 1.3x |
| Sun, 13 Feb 2022 | ₩17.7t | ₩12.5t | -₩882,202,768,978.00 | n/a | -20.1x | 1.4x |
| Tue, 11 Jan 2022 | ₩16.8t | ₩12.5t | -₩882,202,768,978.00 | n/a | -19x | 1.3x |
| Thu, 09 Dec 2021 | ₩17.5t | ₩12.5t | -₩882,202,768,978.00 | n/a | -19.8x | 1.4x |
| Sat, 06 Nov 2021 | ₩18.6t | ₩11.8t | -₩943,220,044,217.00 | n/a | -19.7x | 1.6x |
| Mon, 04 Oct 2021 | ₩20.3t | ₩11.8t | -₩943,220,044,217.00 | n/a | -21.5x | 1.7x |
| Wed, 01 Sep 2021 | ₩17.9t | ₩9.2t | -₩768,444,699,407.00 | 22.4x | -23.3x | 1.9x |
| Thu, 08 Jul 2021 | ₩18.1t | ₩9.2t | -₩768,444,699,407.00 | 21.4x | -23.5x | 2x |
Price to Earnings Ratio
-19.5x
Current Industry PE
- Investors are pessimistic on the South Korean Airlines 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 8.7x which is higher than its 3-year average PE of -1.3x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.55x.
Past Earnings Growth
- Total earnings for the Airlines industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 46% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does South Korean Airlines compare with similar industries?
| KR Market | -1.20% | |
| Industrials | -1.68% | |
| Airlines | -1.93% | |
| Airlines | -1.93% | |
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 | |
|---|---|---|---|---|---|
| A091810 T'Way Air | ₩2.79k | 3.1% +₩18.3b | -16.5% | PE6.1x | |
| A089590 Jeju Air | ₩11.09k | 0.3% +₩2.4b | -25.1% | PE7x |