There's Reason For Concern Over Hankuk Steel Wire Co., Ltd.'s (KOSDAQ:025550) Massive 29% Price Jump
Dec 09
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South Korean (KOSPI) Steel Industry Analysis
UpdatedDec 13, 2024
DataAggregated Company Financials
Companies71
- 7D3.1%
- 3M-18.7%
- 1Y-35.6%
- YTDn/a
Over the last 7 days, the Steel industry has remained flat, although notably Hyundai Steel gained 3.0%. As for the longer term, the industry has declined 35% in the last year. Earnings are forecast to grow by 36% 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, 13 Dec 2024 | ₩34.4t | ₩153.9t | ₩2.6t | 8.8x | 13.2x | 0.2x |
| Sun, 10 Nov 2024 | ₩39.7t | ₩155.4t | ₩3.1t | 7.7x | 12.8x | 0.3x |
| Tue, 08 Oct 2024 | ₩44.8t | ₩156.0t | ₩3.1t | 7.8x | 14.3x | 0.3x |
| Thu, 05 Sep 2024 | ₩41.2t | ₩156.0t | ₩3.1t | 7.9x | 13.1x | 0.3x |
| Sat, 03 Aug 2024 | ₩42.1t | ₩158.1t | ₩3.6t | 6.5x | 11.8x | 0.3x |
| Mon, 01 Jul 2024 | ₩44.3t | ₩159.7t | ₩3.8t | 7.1x | 11.7x | 0.3x |
| Wed, 29 May 2024 | ₩46.6t | ₩160.1t | ₩3.8t | 7.7x | 12.4x | 0.3x |
| Fri, 26 Apr 2024 | ₩47.3t | ₩163.2t | ₩4.3t | 6.6x | 11.1x | 0.3x |
| Sun, 24 Mar 2024 | ₩51.0t | ₩163.9t | ₩4.6t | 6.5x | 11.2x | 0.3x |
| Tue, 20 Feb 2024 | ₩53.7t | ₩171.1t | ₩4.7t | 7.4x | 11.4x | 0.3x |
| Thu, 18 Jan 2024 | ₩49.3t | ₩162.4t | ₩4.0t | 7x | 12.5x | 0.3x |
| Sat, 16 Dec 2023 | ₩54.9t | ₩162.6t | ₩3.9t | 7.7x | 14x | 0.3x |
| Mon, 13 Nov 2023 | ₩51.1t | ₩158.5t | ₩3.9t | 7.7x | 13.1x | 0.3x |
| Wed, 11 Oct 2023 | ₩54.9t | ₩158.5t | ₩3.9t | 7.5x | 14.1x | 0.3x |
| Fri, 08 Sep 2023 | ₩61.8t | ₩158.4t | ₩3.9t | 8x | 15.9x | 0.4x |
| Sun, 06 Aug 2023 | ₩63.9t | ₩162.5t | ₩5.1t | 6.6x | 12.6x | 0.4x |
| Tue, 04 Jul 2023 | ₩48.8t | ₩162.5t | ₩5.1t | 8.2x | 9.6x | 0.3x |
| Thu, 01 Jun 2023 | ₩45.2t | ₩162.5t | ₩5.1t | 7.6x | 8.8x | 0.3x |
| Sat, 29 Apr 2023 | ₩47.4t | ₩165.8t | ₩6.8t | 7.9x | 6.9x | 0.3x |
| Mon, 27 Mar 2023 | ₩41.3t | ₩165.6t | ₩6.7t | 7.1x | 6.1x | 0.2x |
| Wed, 22 Feb 2023 | ₩44.0t | ₩167.9t | ₩9.7t | 7.1x | 4.5x | 0.3x |
| Fri, 20 Jan 2023 | ₩38.6t | ₩168.0t | ₩9.7t | 6.8x | 4x | 0.2x |
| Sun, 18 Dec 2022 | ₩36.3t | ₩167.8t | ₩9.7t | 7.2x | 3.7x | 0.2x |
| Tue, 15 Nov 2022 | ₩37.0t | ₩165.2t | ₩10.7t | 5.6x | 3.5x | 0.2x |
| Thu, 13 Oct 2022 | ₩31.4t | ₩164.7t | ₩12.1t | 5.5x | 2.6x | 0.2x |
| Sat, 10 Sep 2022 | ₩33.6t | ₩164.7t | ₩12.1t | 6.3x | 2.8x | 0.2x |
| Mon, 08 Aug 2022 | ₩34.2t | ₩155.3t | ₩12.0t | 5.3x | 2.9x | 0.2x |
| Wed, 06 Jul 2022 | ₩33.9t | ₩155.3t | ₩12.0t | 5.2x | 2.8x | 0.2x |
| Fri, 03 Jun 2022 | ₩41.2t | ₩154.5t | ₩11.7t | 6.8x | 3.5x | 0.3x |
| Sun, 01 May 2022 | ₩42.9t | ₩144.1t | ₩10.5t | 8.6x | 4.1x | 0.3x |
| Tue, 29 Mar 2022 | ₩41.4t | ₩143.7t | ₩10.5t | 7.4x | 3.9x | 0.3x |
| Thu, 24 Feb 2022 | ₩38.3t | ₩138.4t | ₩9.0t | 7x | 4.3x | 0.3x |
| Sat, 22 Jan 2022 | ₩38.6t | ₩132.3t | ₩8.1t | 6.3x | 4.7x | 0.3x |
| Mon, 20 Dec 2021 | ₩40.1t | ₩132.3t | ₩8.1t | 6.4x | 4.9x | 0.3x |
Price to Earnings Ratio
4.9x
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 13.1x 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 32% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.2% 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, which has decreased profits.
Industry Comparison
How does South Korean Steel compare with similar industries?
| KR Market | 1.80% | |
| Materials | -5.57% | |
| Metals and Mining | -14.11% | |
| Steel | 3.11% | |
| Aluminum | 2.85% | |
| Copper | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Diversified Metals and Mining | -29.09% | |
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 | |
|---|---|---|---|---|---|
| A005490 POSCO Holdings | ₩271.50k | 2.3% +₩451.4b | -43.4% | PE15.5x | |
| A004020 Hyundai Steel | ₩21.90k | 3.5% +₩98.7b | -37.2% | PS0.1x | |
| A003030 SeAH Steel Holdings | ₩185.80k | 9.0% +₩62.2b | -19.7% | PE8.5x | |
| A039240 Gyeongnam Steel | ₩4.75k | 42.4% +₩38.2b | 49.6% | PE28.1x | |
| A104700 KISCO | ₩9.77k | 9.0% +₩34.4b | 51.9% | PE14.5x |
