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Apr 23
South Korean (KOSPI) Machinery Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies139
- 7D8.3%
- 3M11.7%
- 1Y8.8%
- YTD1.0%
Over the last 7 days, the Machinery industry has risen 1.7%, driven by gains from Hanwha Ocean of 20%. In the same time, SNT Energy was down 11%. This takes the industry's 12 month performance to a gain of 5.3%. As for the next few years, earnings are expected to grow by 59% per annum.
Industry Valuation and Performance
Has the South Korean Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | ₩85.7t | ₩106.5t | ₩2.3t | 13.8x | 37.7x | 0.8x |
| Fri, 22 Mar 2024 | ₩85.6t | ₩104.4t | ₩1.9t | 15.9x | 44.1x | 0.8x |
| Sun, 18 Feb 2024 | ₩76.7t | ₩101.7t | ₩910.4b | 15.7x | 84.3x | 0.8x |
| Tue, 16 Jan 2024 | ₩78.8t | ₩102.0t | ₩902.8b | 14.1x | 87.3x | 0.8x |
| Thu, 14 Dec 2023 | ₩78.1t | ₩102.1t | ₩892.1b | 14.3x | 87.6x | 0.8x |
| Sat, 11 Nov 2023 | ₩69.2t | ₩98.8t | ₩32.4b | 14x | 2131.4x | 0.7x |
| Mon, 09 Oct 2023 | ₩71.1t | ₩98.7t | ₩18.7b | 14.5x | 3809.6x | 0.7x |
| Wed, 06 Sep 2023 | ₩82.3t | ₩98.7t | ₩33.9b | 16.2x | 2428.7x | 0.8x |
| Fri, 04 Aug 2023 | ₩84.7t | ₩93.5t | -₩298,523,519,726.00 | 16.7x | -283.9x | 0.9x |
| Sun, 02 Jul 2023 | ₩80.5t | ₩93.5t | -₩298,523,519,726.00 | 17.2x | -269.8x | 0.9x |
| Tue, 30 May 2023 | ₩69.4t | ₩93.5t | -₩299,017,508,469.00 | 15.4x | -232.1x | 0.7x |
| Thu, 27 Apr 2023 | ₩66.2t | ₩90.0t | -₩1,563,341,371,509.00 | 16.6x | -42.4x | 0.7x |
| Sat, 25 Mar 2023 | ₩60.2t | ₩89.6t | -₩1,152,844,516,890.00 | 14x | -52.2x | 0.7x |
| Mon, 20 Feb 2023 | ₩60.5t | ₩87.2t | -₩2,322,732,306,317.00 | 14.4x | -26x | 0.7x |
| Wed, 18 Jan 2023 | ₩57.4t | ₩87.2t | -₩2,323,749,423,657.00 | 13.8x | -24.7x | 0.7x |
| Fri, 16 Dec 2022 | ₩58.7t | ₩87.3t | -₩2,326,902,390,287.00 | 15.4x | -25.2x | 0.7x |
| Sun, 13 Nov 2022 | ₩59.3t | ₩83.7t | -₩1,976,941,363,233.00 | 15.1x | -30x | 0.7x |
| Tue, 11 Oct 2022 | ₩57.9t | ₩83.9t | -₩1,974,856,904,703.00 | 15x | -29.3x | 0.7x |
| Thu, 08 Sep 2022 | ₩64.3t | ₩83.8t | -₩1,960,126,550,790.00 | 17.4x | -32.8x | 0.8x |
| Sat, 06 Aug 2022 | ₩61.6t | ₩81.2t | -₩4,402,751,815,855.00 | 18x | -14x | 0.8x |
| Mon, 04 Jul 2022 | ₩60.8t | ₩81.3t | -₩4,401,617,272,085.00 | 17.9x | -13.8x | 0.7x |
| Wed, 01 Jun 2022 | ₩61.9t | ₩81.3t | -₩4,404,154,815,645.00 | 20.6x | -14x | 0.8x |
| Fri, 29 Apr 2022 | ₩64.6t | ₩79.3t | -₩4,116,011,675,300.00 | 18.8x | -15.7x | 0.8x |
| Sun, 27 Mar 2022 | ₩60.8t | ₩78.1t | -₩4,213,041,704,440.00 | 20.6x | -14.4x | 0.8x |
| Tue, 22 Feb 2022 | ₩54.9t | ₩79.4t | -₩4,253,673,605,951.00 | 16.5x | -12.9x | 0.7x |
| Thu, 20 Jan 2022 | ₩60.7t | ₩103.6t | -₩4,607,905,021,381.00 | 17.8x | -13.2x | 0.6x |
| Sat, 18 Dec 2021 | ₩60.4t | ₩103.7t | -₩4,629,288,800,401.00 | 17.9x | -13x | 0.6x |
| Mon, 15 Nov 2021 | ₩62.7t | ₩100.4t | -₩4,931,750,685,878.00 | 20x | -12.7x | 0.6x |
| Wed, 13 Oct 2021 | ₩59.3t | ₩100.3t | -₩4,944,958,314,338.00 | 19.6x | -12x | 0.6x |
| Fri, 10 Sep 2021 | ₩54.7t | ₩93.3t | -₩4,126,993,020,465.00 | 19.1x | -13.3x | 0.6x |
| Sun, 08 Aug 2021 | ₩69.6t | ₩93.8t | -₩4,297,180,468,455.00 | 23x | -16.2x | 0.7x |
| Sat, 01 May 2021 | ₩61.7t | ₩91.4t | -₩2,672,644,068,972.00 | 20.5x | -23.1x | 0.7x |
Price to Earnings Ratio
-23.1x
Current Industry PE
- Investors are pessimistic on the South Korean Machinery 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 36.8x which is lower than its 3-year average PE of 253x.
- The industry is trading close to its 3-year average PS ratio of 0.72x.
Past Earnings Growth
- Total earnings for the Machinery industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 5.3% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the South Korean Industrials industry?
| KR Market | 0.53% | |
| Industrials | 4.26% | |
| Machinery | 8.33% | |
| Construction Machinery and Vehicles | 10.98% | |
| Industrial Machinery | 2.72% | |
| Agricultural Machinery | 1.56% | |
Industry PE
- Investors are most optimistic about the Construction Machinery and Vehicles industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 50.9%, which is higher than its past year's earnings growth of 16.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 97% over the next 5 years.
- This is better than its past earnings growth rate of 16% per year.
- In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 51% 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 | |
|---|---|---|---|---|---|
| A042660 Hanwha Ocean | ₩34.75k | 19.8% +₩1.8t | 21.7% | PE78.2x | |
| A329180 HD Hyundai Heavy IndustriesLtd | ₩127.20k | 13.6% +₩1.3t | 15.8% | PE457.4x | |
| A009540 HD Korea Shipbuilding & Offshore Engineering | ₩125.30k | 12.2% +₩961.7b | 46.0% | PE40x | |
| A010140 Samsung Heavy Industries | ₩9.63k | 9.9% +₩743.1b | 69.5% | PS1x | |
| A010620 Hyundai Mipo Dockyard | ₩73.10k | 23.7% +₩558.4b | -0.8% | PS0.7x |
