Optimistic Investors Push Tae Kwang Corporation (KOSDAQ:023160) Shares Up 28% But Growth Is Lacking
Dec 15
Have your own idea? Try our Stock Screener
South Korean (KOSPI) Industrial Machinery Industry Analysis
UpdatedDec 19, 2024
DataAggregated Company Financials
Companies112
- 7D5.6%
- 3M-6.8%
- 1Y-31.4%
- YTDn/a
The Industrial Machinery industry is up 6.8% in the last week, with Hyundai Elevator up 17%. During this same period, the KANGWON ENERGY underperformed, falling 7.1%. In contrast, the industry has lost 30% in the last 12 months. Looking forward, earnings are forecast to grow by 64% annually.
Industry Valuation and Performance
Has the South Korean Industrial Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 19 Dec 2024 | ₩23.2t | ₩19.7t | ₩637.2b | 11.6x | 36.3x | 1.2x |
| Sat, 16 Nov 2024 | ₩22.7t | ₩20.7t | ₩738.8b | 10.9x | 30.8x | 1.1x |
| Mon, 14 Oct 2024 | ₩24.0t | ₩20.5t | ₩730.8b | 12.6x | 32.8x | 1.2x |
| Wed, 11 Sep 2024 | ₩22.3t | ₩20.5t | ₩731.3b | 11.4x | 30.4x | 1.1x |
| Fri, 09 Aug 2024 | ₩22.7t | ₩20.4t | ₩628.6b | 12.3x | 36.2x | 1.1x |
| Sun, 07 Jul 2024 | ₩26.2t | ₩20.4t | ₩622.4b | 13.7x | 42.1x | 1.3x |
| Tue, 04 Jun 2024 | ₩27.0t | ₩20.4t | ₩625.3b | 13.5x | 43.2x | 1.3x |
| Thu, 02 May 2024 | ₩26.1t | ₩19.9t | ₩742.4b | 13x | 35.2x | 1.3x |
| Sat, 30 Mar 2024 | ₩27.8t | ₩19.8t | ₩692.5b | 12.9x | 40.2x | 1.4x |
| Mon, 26 Feb 2024 | ₩26.5t | ₩18.9t | ₩633.2b | 18.9x | 41.9x | 1.4x |
| Wed, 24 Jan 2024 | ₩26.3t | ₩19.1t | ₩578.4b | 15.5x | 45.5x | 1.4x |
| Fri, 22 Dec 2023 | ₩29.9t | ₩19.3t | ₩591.5b | 15.9x | 50.5x | 1.5x |
| Sun, 19 Nov 2023 | ₩24.5t | ₩19.2t | ₩696.2b | 14.5x | 35.2x | 1.3x |
| Tue, 17 Oct 2023 | ₩22.9t | ₩19.1t | ₩706.0b | 13.3x | 32.5x | 1.2x |
| Thu, 14 Sep 2023 | ₩24.9t | ₩19.1t | ₩706.0b | 15.3x | 35.3x | 1.3x |
| Sat, 12 Aug 2023 | ₩25.4t | ₩18.5t | ₩756.9b | 18.4x | 33.5x | 1.4x |
| Mon, 10 Jul 2023 | ₩23.5t | ₩18.5t | ₩756.3b | 17x | 31x | 1.3x |
| Wed, 07 Jun 2023 | ₩23.8t | ₩18.5t | ₩759.8b | 15.6x | 31.3x | 1.3x |
| Fri, 05 May 2023 | ₩22.7t | ₩18.0t | ₩463.7b | 17.4x | 48.9x | 1.3x |
| Sun, 02 Apr 2023 | ₩23.0t | ₩18.0t | ₩553.1b | 17.9x | 41.6x | 1.3x |
| Tue, 28 Feb 2023 | ₩19.6t | ₩17.2t | ₩798.6b | 14.2x | 24.5x | 1.1x |
| Thu, 26 Jan 2023 | ₩18.5t | ₩17.1t | ₩789.7b | 14.3x | 23.5x | 1.1x |
| Sat, 24 Dec 2022 | ₩16.9t | ₩17.3t | ₩786.1b | 13.8x | 21.6x | 1x |
| Mon, 21 Nov 2022 | ₩18.5t | ₩16.8t | ₩767.1b | 15.3x | 24.1x | 1.1x |
| Wed, 19 Oct 2022 | ₩16.8t | ₩16.6t | ₩737.6b | 13.9x | 22.8x | 1x |
| Fri, 16 Sep 2022 | ₩19.6t | ₩16.6t | ₩753.4b | 17.7x | 26.1x | 1.2x |
| Sun, 14 Aug 2022 | ₩19.7t | ₩15.9t | ₩643.0b | 22x | 30.7x | 1.2x |
| Tue, 12 Jul 2022 | ₩17.0t | ₩15.9t | ₩634.6b | 17.6x | 26.8x | 1.1x |
| Thu, 09 Jun 2022 | ₩19.6t | ₩15.9t | ₩627.1b | 21.3x | 31.3x | 1.2x |
| Sat, 07 May 2022 | ₩19.1t | ₩15.2t | ₩584.6b | 20.1x | 32.7x | 1.3x |
| Mon, 04 Apr 2022 | ₩18.7t | ₩14.8t | ₩565.9b | 18.5x | 33x | 1.3x |
| Wed, 02 Mar 2022 | ₩17.1t | ₩13.8t | ₩292.7b | 20.4x | 58.3x | 1.2x |
| Fri, 28 Jan 2022 | ₩19.2t | ₩38.0t | -₩61,165,593,693.00 | 18x | -314.6x | 0.5x |
| Sun, 26 Dec 2021 | ₩21.2t | ₩38.1t | -₩82,549,372,713.00 | 20.1x | -257.3x | 0.6x |
Price to Earnings Ratio
-257.3x
Current Industry PE
- Investors are optimistic on the South Korean Industrial Machinery industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.9x which is higher than its 3-year average PE of 19.9x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Industrial Machinery industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 20% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does South Korean Industrial Machinery compare with similar industries?
| KR Market | 1.94% | |
| Industrials | 1.76% | |
| Machinery | 2.86% | |
| Industrial Machinery | 5.62% | |
| Construction Machinery and Vehicles | 2.21% | |
| Agricultural Machinery | -4.25% | |
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 | |
|---|---|---|---|---|---|
| A017800 Hyundai Elevator | ₩59.00k | 17.1% +₩310.5b | 31.7% | PE32x | |
| A071970 HD-Hyundai Marine Engine | ₩23.35k | 15.3% +₩105.2b | 112.7% | PE15.3x | |
| A100840 SNT Energy | ₩20.50k | 19.2% +₩65.2b | 182.1% | PE31.4x | |
| A023160 Tae Kwang | ₩18.21k | 12.1% +₩50.7b | 24.6% | PE11.7x | |
| A083650 BHI | ₩15.25k | 9.8% +₩42.1b | 97.8% | PE26.7x |
