Why Investors Shouldn't Be Surprised By NEXTEEL Co., Ltd.'s (KRX:092790) 25% Share Price Plunge
Dec 14
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South Korean (KOSPI) Steel Industry Analysis
UpdatedDec 20, 2024
DataAggregated Company Financials
Companies71
- 7D-2.8%
- 3M-22.0%
- 1Y-40.0%
- YTDn/a
Over the last 7 days, the Steel industry has remained flat, although notably KISCO gained 5.4%. As for the longer term, the industry has declined 40% in the last year. Looking forward, earnings are forecast to grow by 3.1% annually.
Industry Valuation and Performance
Has the South Korean Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 20 Dec 2024 | ₩33.4t | ₩153.8t | ₩2.6t | 8.3x | 12.9x | 0.2x |
| Sun, 17 Nov 2024 | ₩34.9t | ₩155.3t | ₩3.1t | 7.5x | 11.3x | 0.2x |
| Tue, 15 Oct 2024 | ₩43.7t | ₩156.0t | ₩3.1t | 7.8x | 13.9x | 0.3x |
| Thu, 12 Sep 2024 | ₩40.3t | ₩156.0t | ₩3.1t | 7.7x | 12.8x | 0.3x |
| Sat, 10 Aug 2024 | ₩39.4t | ₩158.1t | ₩3.6t | 6.4x | 11x | 0.2x |
| Mon, 08 Jul 2024 | ₩45.0t | ₩159.7t | ₩3.8t | 6.9x | 11.9x | 0.3x |
| Wed, 05 Jun 2024 | ₩45.6t | ₩159.9t | ₩3.9t | 7.4x | 11.7x | 0.3x |
| Fri, 03 May 2024 | ₩47.9t | ₩161.8t | ₩4.1t | 6.7x | 11.7x | 0.3x |
| Sun, 31 Mar 2024 | ₩49.9t | ₩163.2t | ₩4.3t | 6.2x | 11.7x | 0.3x |
| Tue, 27 Feb 2024 | ₩52.2t | ₩171.1t | ₩4.6t | 7.3x | 11.4x | 0.3x |
| Thu, 25 Jan 2024 | ₩47.6t | ₩162.4t | ₩4.0t | 7x | 12x | 0.3x |
| Sat, 23 Dec 2023 | ₩55.2t | ₩162.6t | ₩3.9t | 7.9x | 14.1x | 0.3x |
| Mon, 20 Nov 2023 | ₩52.5t | ₩158.3t | ₩3.9t | 7.6x | 13.6x | 0.3x |
| Wed, 18 Oct 2023 | ₩56.8t | ₩158.5t | ₩3.9t | 7.9x | 14.6x | 0.4x |
| Fri, 15 Sep 2023 | ₩60.5t | ₩158.5t | ₩3.9t | 8.1x | 15.6x | 0.4x |
| Sun, 13 Aug 2023 | ₩61.9t | ₩162.5t | ₩5.1t | 6.6x | 12.2x | 0.4x |
| Tue, 11 Jul 2023 | ₩48.0t | ₩162.5t | ₩5.1t | 7.5x | 9.4x | 0.3x |
| Thu, 08 Jun 2023 | ₩48.0t | ₩162.5t | ₩5.1t | 8.2x | 9.4x | 0.3x |
| Sat, 06 May 2023 | ₩47.6t | ₩165.8t | ₩6.8t | 8x | 7x | 0.3x |
| Mon, 03 Apr 2023 | ₩45.8t | ₩165.8t | ₩6.8t | 7.7x | 6.7x | 0.3x |
| Wed, 01 Mar 2023 | ₩40.9t | ₩165.9t | ₩7.6t | 7.4x | 5.4x | 0.2x |
| Fri, 27 Jan 2023 | ₩40.0t | ₩167.9t | ₩9.7t | 6.8x | 4.1x | 0.2x |
| Sun, 25 Dec 2022 | ₩36.8t | ₩167.8t | ₩9.7t | 6.9x | 3.8x | 0.2x |
| Tue, 22 Nov 2022 | ₩36.5t | ₩166.2t | ₩10.3t | 5.7x | 3.6x | 0.2x |
| Thu, 20 Oct 2022 | ₩33.0t | ₩164.7t | ₩12.1t | 5.6x | 2.7x | 0.2x |
| Sat, 17 Sep 2022 | ₩33.3t | ₩164.7t | ₩12.1t | 6.4x | 2.8x | 0.2x |
| Mon, 15 Aug 2022 | ₩36.7t | ₩155.3t | ₩12.0t | 5.5x | 3.1x | 0.2x |
| Wed, 13 Jul 2022 | ₩31.9t | ₩155.3t | ₩12.0t | 5x | 2.7x | 0.2x |
| Fri, 10 Jun 2022 | ₩40.7t | ₩155.3t | ₩12.0t | 6.7x | 3.4x | 0.3x |
| Sun, 08 May 2022 | ₩42.2t | ₩144.1t | ₩10.5t | 8.6x | 4x | 0.3x |
| Tue, 05 Apr 2022 | ₩40.8t | ₩144.1t | ₩10.5t | 7.6x | 3.9x | 0.3x |
| Thu, 03 Mar 2022 | ₩39.3t | ₩138.4t | ₩9.0t | 6.7x | 4.4x | 0.3x |
| Sat, 29 Jan 2022 | ₩36.5t | ₩132.3t | ₩8.1t | 5.9x | 4.5x | 0.3x |
| Mon, 27 Dec 2021 | ₩39.1t | ₩132.3t | ₩8.1t | 6.3x | 4.8x | 0.3x |
Price to Earnings Ratio
4.8x
Current Industry PE
- Investors are optimistic on the South Korean Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 25.3x which is higher than its 3-year average PE of 8.5x.
- The industry is trading close to its 3-year average PS ratio of 0.28x.
Past Earnings Growth
- The earnings for companies in the Steel industry have declined 45% per year over the last three years,
- Revenues have also declined 27% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does South Korean Steel compare with similar industries?
| KR Market | -1.64% | |
| Materials | -4.86% | |
| Metals and Mining | -10.11% | |
| Steel | -2.80% | |
| Copper | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Aluminum | -4.36% | |
| Diversified Metals and Mining | -19.30% | |
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 | |
|---|---|---|---|---|---|
| A004020 Hyundai Steel | ₩22.00k | 0.5% +₩13.2b | -37.1% | PS0.1x | |
| A001430 SeAH Besteel Holdings | ₩20.50k | 1.7% +₩12.6b | -21.0% | PE11.4x | |
| A039240 Gyeongnam Steel | ₩5.11k | 6.8% +₩8.8b | 60.4% | PE30.2x | |
| A092790 NEXTEEL | ₩8.24k | 4.0% +₩8.3b | 5.4% | PE3.9x | |
| A151860 KG Eco SolutionLtd | ₩5.00k | 3.4% +₩6.9b | -56.4% | PE5.1x |
