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Apr 22
South Korean (KOSPI) Electrical Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies84
- 7D-1.7%
- 3M-0.4%
- 1Y-23.4%
- YTD-13.0%
Over the last 7 days, the Electrical industry has dropped 1.7%, driven by pullbacks in Posco Future M and LG Energy Solution of 5.4% and 1.2%, respectively. On the other hand LS ELECTRIC is actually up 20%. However, the industry is down 23% over the past year. Earnings are forecast to grow by 38% annually.
Industry Valuation and Performance
Has the South Korean Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | ₩209.9t | ₩132.1t | ₩2.8t | 19.9x | 74.6x | 1.6x |
| Thu, 21 Mar 2024 | ₩230.8t | ₩133.5t | ₩2.3t | 20.7x | 100.4x | 1.7x |
| Sat, 17 Feb 2024 | ₩227.7t | ₩133.3t | ₩2.0t | 18.4x | 113.6x | 1.7x |
| Mon, 15 Jan 2024 | ₩231.6t | ₩133.5t | ₩2.3t | 20.1x | 102.7x | 1.7x |
| Wed, 13 Dec 2023 | ₩211.3t | ₩125.2t | ₩2.3t | 18.5x | 91.6x | 1.7x |
| Fri, 10 Nov 2023 | ₩182.1t | ₩115.8t | ₩2.6t | 19.1x | 68.9x | 1.6x |
| Sun, 08 Oct 2023 | ₩194.4t | ₩115.8t | ₩2.6t | 18.4x | 73.5x | 1.7x |
| Tue, 05 Sep 2023 | ₩229.6t | ₩115.8t | ₩2.6t | 20.3x | 86.7x | 2x |
| Thu, 03 Aug 2023 | ₩245.8t | ₩107.0t | ₩2.0t | 20.8x | 120.1x | 2.3x |
| Sat, 01 Jul 2023 | ₩194.7t | ₩103.0t | ₩1.9t | 19.8x | 101.5x | 1.9x |
| Mon, 29 May 2023 | ₩194.7t | ₩103.0t | ₩1.9t | 19.1x | 101.3x | 1.9x |
| Wed, 26 Apr 2023 | ₩192.2t | ₩92.9t | ₩1.4t | 20.1x | 136.4x | 2.1x |
| Fri, 24 Mar 2023 | ₩191.9t | ₩88.0t | ₩2.3t | 19.8x | 82.9x | 2.2x |
| Sun, 19 Feb 2023 | ₩172.9t | ₩83.6t | ₩2.0t | 18.2x | 85x | 2.1x |
| Tue, 17 Jan 2023 | ₩156.0t | ₩83.2t | ₩2.0t | 18.6x | 78.7x | 1.9x |
| Thu, 15 Dec 2022 | ₩161.3t | ₩83.2t | ₩2.0t | 19.4x | 81.4x | 1.9x |
| Sat, 12 Nov 2022 | ₩191.2t | ₩75.9t | ₩1.3t | 17x | 152x | 2.5x |
| Mon, 10 Oct 2022 | ₩152.9t | ₩75.9t | ₩1.3t | 15.6x | 121.6x | 2x |
| Wed, 07 Sep 2022 | ₩157.4t | ₩75.7t | ₩1.3t | 18.4x | 125.3x | 2.1x |
| Fri, 05 Aug 2022 | ₩149.1t | ₩71.1t | ₩1.9t | 17.3x | 80.2x | 2.1x |
| Sun, 03 Jul 2022 | ₩125.9t | ₩71.1t | ₩1.9t | 16.6x | 67.7x | 1.8x |
| Tue, 31 May 2022 | ₩149.1t | ₩70.3t | ₩1.9t | 18.5x | 80x | 2.1x |
| Thu, 28 Apr 2022 | ₩142.8t | ₩68.0t | ₩1.9t | 17x | 75.5x | 2.1x |
| Sat, 26 Mar 2022 | ₩145.7t | ₩72.5t | ₩1.6t | 17.3x | 93.7x | 2x |
| Mon, 21 Feb 2022 | ₩143.0t | ₩52.6t | ₩890.1b | 18.9x | 160.7x | 2.7x |
| Wed, 19 Jan 2022 | ₩40.7t | ₩52.6t | ₩890.1b | 21.3x | 45.7x | 0.8x |
| Fri, 17 Dec 2021 | ₩43.7t | ₩52.6t | ₩890.1b | 19.9x | 49.1x | 0.8x |
| Sun, 14 Nov 2021 | ₩48.3t | ₩50.6t | ₩645.5b | 20x | 74.8x | 1x |
| Tue, 12 Oct 2021 | ₩42.4t | ₩50.6t | ₩645.5b | 20.9x | 65.6x | 0.8x |
| Thu, 09 Sep 2021 | ₩43.7t | ₩50.8t | ₩645.3b | 22.7x | 67.7x | 0.9x |
| Sat, 07 Aug 2021 | ₩43.3t | ₩50.9t | ₩651.0b | 21.8x | 66.5x | 0.9x |
| Fri, 30 Apr 2021 | ₩31.8t | ₩49.2t | ₩78.4b | 19.8x | 405.9x | 0.6x |
Price to Earnings Ratio
405.9x
Current Industry PE
- Investors are pessimistic on the South Korean Electrical 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 74.6x which is lower than its 3-year average PE of 109x.
- The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 230% per year over the last three years.
- Revenues for these companies have grown 39% 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 industry?
| KR Market | -3.28% | |
| Industrials | -1.09% | |
| Electrical | -1.71% | |
| Electrical Components | -1.64% | |
| Heavy Electrical Equipment | -2.25% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 75.1x.
- Analysts expect its future annual earnings growth (36.5%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Heavy Electrical Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 45% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 36% 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 | |
|---|---|---|---|---|---|
| A373220 LG Energy Solution | ₩378.50k | 1.5% +₩1.3t | -33.1% | PE71.6x | |
| A247540 Ecopro BM | ₩240.00k | 5.3% +₩1.2t | -11.4% | PS3.4x | |
| A003670 Posco Future M | ₩277.00k | 4.9% +₩1.0t | -23.8% | PE746.6x | |
| A010120 LS ELECTRIC | ₩158.60k | 10.3% +₩434.5b | 147.8% | PE22.6x | |
| A034020 Doosan Enerbility | ₩15.73k | 4.0% +₩390.7b | -13.0% | PE181.2x |
