Union's (KRX:000910) Solid Earnings May Rest On Weak Foundations
Mar 30
South Korean (KOSPI) Basic Materials Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies27
- 7D-1.2%
- 3M3.3%
- 1Y-16.5%
- YTD-1.3%
The Basic Materials is pretty flat in the last 7 days, but HLB GLOBAL has stood out, gaining 21%. Unfortunately though, the industry is down 13% over the past 12 months. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the South Korean Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Apr 2024 | ₩4.9t | ₩13.6t | ₩634.5b | 9x | 7.8x | 0.4x |
| Sat, 16 Mar 2024 | ₩5.1t | ₩12.9t | ₩520.9b | 8.5x | 9.8x | 0.4x |
| Mon, 12 Feb 2024 | ₩8.5t | ₩15.0t | ₩615.6b | 10x | 13.8x | 0.6x |
| Wed, 10 Jan 2024 | ₩7.6t | ₩15.0t | ₩611.5b | 10.2x | 12.5x | 0.5x |
| Fri, 08 Dec 2023 | ₩7.9t | ₩15.0t | ₩609.9b | 10.1x | 13x | 0.5x |
| Sun, 05 Nov 2023 | ₩7.6t | ₩15.0t | ₩530.7b | 8x | 14.2x | 0.5x |
| Tue, 03 Oct 2023 | ₩7.6t | ₩15.0t | ₩530.6b | 8.1x | 14.3x | 0.5x |
| Thu, 31 Aug 2023 | ₩8.0t | ₩15.3t | ₩470.9b | 9.6x | 16.9x | 0.5x |
| Sat, 29 Jul 2023 | ₩46.5t | ₩17.9t | ₩474.7b | 11.3x | 97.9x | 2.6x |
| Mon, 26 Jun 2023 | ₩36.6t | ₩17.9t | ₩474.7b | 12.2x | 77.1x | 2x |
| Wed, 24 May 2023 | ₩33.7t | ₩17.5t | ₩438.2b | 13.1x | 77x | 1.9x |
| Fri, 21 Apr 2023 | ₩39.5t | ₩16.7t | ₩362.7b | 13.1x | 109x | 2.4x |
| Sun, 19 Mar 2023 | ₩27.0t | ₩16.4t | ₩331.6b | 18.7x | 81.3x | 1.6x |
| Tue, 14 Feb 2023 | ₩25.2t | ₩16.1t | ₩416.7b | 20.2x | 60.6x | 1.6x |
| Thu, 12 Jan 2023 | ₩22.3t | ₩16.1t | ₩416.7b | 19.3x | 53.6x | 1.4x |
| Sat, 10 Dec 2022 | ₩22.9t | ₩16.1t | ₩420.7b | 20.8x | 54.4x | 1.4x |
| Mon, 07 Nov 2022 | ₩23.8t | ₩15.0t | ₩523.3b | 14.3x | 45.4x | 1.6x |
| Wed, 05 Oct 2022 | ₩19.4t | ₩15.0t | ₩523.3b | 12.2x | 37.2x | 1.3x |
| Fri, 02 Sep 2022 | ₩21.4t | ₩15.0t | ₩535.0b | 14.4x | 40x | 1.4x |
| Sun, 31 Jul 2022 | ₩19.0t | ₩14.1t | ₩553.4b | 16.4x | 34.3x | 1.3x |
| Tue, 28 Jun 2022 | ₩17.6t | ₩14.1t | ₩553.4b | 15x | 31.8x | 1.3x |
| Thu, 26 May 2022 | ₩20.8t | ₩13.8t | ₩552.3b | 20x | 37.6x | 1.5x |
| Sat, 23 Apr 2022 | ₩20.9t | ₩13.5t | ₩606.4b | 18.2x | 34.5x | 1.5x |
| Mon, 21 Mar 2022 | ₩19.3t | ₩13.5t | ₩653.0b | 21.4x | 29.6x | 1.4x |
| Wed, 16 Feb 2022 | ₩18.4t | ₩13.3t | ₩628.9b | 18x | 29.3x | 1.4x |
| Fri, 14 Jan 2022 | ₩21.8t | ₩13.3t | ₩628.9b | 19.2x | 34.7x | 1.6x |
| Sun, 12 Dec 2021 | ₩22.5t | ₩13.3t | ₩628.9b | 19.4x | 35.8x | 1.7x |
| Tue, 09 Nov 2021 | ₩22.5t | ₩12.7t | ₩461.6b | 20.2x | 48.8x | 1.8x |
| Thu, 07 Oct 2021 | ₩23.3t | ₩12.7t | ₩461.6b | 17.4x | 50.5x | 1.8x |
| Sat, 04 Sep 2021 | ₩24.0t | ₩13.1t | ₩714.3b | 21.7x | 33.7x | 1.8x |
| Mon, 02 Aug 2021 | ₩23.5t | ₩13.1t | ₩714.3b | 22.9x | 32.9x | 1.8x |
| Thu, 06 May 2021 | ₩22.4t | ₩12.5t | ₩625.0b | 27.7x | 35.8x | 1.8x |
Price to Earnings Ratio
35.8x
Current Industry PE
- Investors are pessimistic on the South Korean Basic Materials 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 7.8x which is lower than its 3-year average PE of 39.8x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.36x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 2.9% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the South Korean Materials industry?
| KR Market | -4.32% | |
| Materials | -5.96% | |
| Basic Materials | -1.23% | |
| Construction Materials | -1.23% | |
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 | |
|---|---|---|---|---|---|
| A004090 Korea Petroleum Industries | ₩17.36k | 14.9% +₩27.4b | 59.6% | PE14.3x | |
| A300720 Hanil Cement | ₩12.53k | 0.6% +₩4.8b | -1.3% | PE5.1x | |
| A000910 Union | ₩5.52k | 5.3% +₩4.4b | -21.1% | PE11.8x | |
| A003300 Hanil Holdings | ₩12.23k | 1.0% +₩3.7b | 7.6% | PE3.6x | |
| A228340 Tongyang Pile | ₩2.32k | 0.2% +₩100.0m | -28.1% | PE9x |
