There's No Escaping Development Advance Solution Co.,Ltd.'s (KRX:058730) Muted Earnings Despite A 33% Share Price Rise
Jul 26
South Korean (KOSPI) Metals and Mining Industry Analysis
UpdatedJul 27, 2024
DataAggregated Company Financials
Companies88
- 7D-4.2%
- 3M-7.7%
- 1Y-31.0%
- YTD-19.8%
Over the last 7 days, the Metals and Mining industry has dropped 4.2%, driven by POSCO Holdings declining 3.8%. In contrast, Daiyang Metal has gained 28%. The industry has fallen 31% in the last year. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the South Korean Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Jul 2024 | ₩57.4t | ₩180.8t | ₩4.4t | 8x | 13.1x | 0.3x |
| Mon, 24 Jun 2024 | ₩60.5t | ₩180.8t | ₩4.4t | 8x | 13.8x | 0.3x |
| Wed, 22 May 2024 | ₩64.2t | ₩182.9t | ₩4.7t | 7.6x | 13.7x | 0.4x |
| Fri, 19 Apr 2024 | ₩62.3t | ₩184.7t | ₩4.9t | 6.9x | 12.6x | 0.3x |
| Sun, 17 Mar 2024 | ₩65.8t | ₩192.0t | ₩5.3t | 7.4x | 12.5x | 0.3x |
| Tue, 13 Feb 2024 | ₩68.2t | ₩193.2t | ₩5.7t | 7.4x | 11.9x | 0.4x |
| Thu, 11 Jan 2024 | ₩67.7t | ₩185.0t | ₩4.9t | 7.5x | 13.7x | 0.4x |
| Sat, 09 Dec 2023 | ₩69.9t | ₩185.1t | ₩4.9t | 7.9x | 14.2x | 0.4x |
| Mon, 06 Nov 2023 | ₩65.2t | ₩181.6t | ₩4.9t | 7.9x | 13.4x | 0.4x |
| Wed, 04 Oct 2023 | ₩74.1t | ₩181.6t | ₩4.9t | 7.9x | 15.3x | 0.4x |
| Fri, 01 Sep 2023 | ₩78.1t | ₩181.8t | ₩4.9t | 8.2x | 16x | 0.4x |
| Sun, 30 Jul 2023 | ₩81.1t | ₩186.6t | ₩6.4t | 6.5x | 12.6x | 0.4x |
| Tue, 27 Jun 2023 | ₩63.9t | ₩186.6t | ₩6.4t | 7.6x | 9.9x | 0.3x |
| Thu, 25 May 2023 | ₩60.5t | ₩187.4t | ₩6.8t | 9.1x | 8.9x | 0.3x |
| Sat, 22 Apr 2023 | ₩65.0t | ₩190.3t | ₩8.3t | 8.8x | 7.8x | 0.3x |
| Mon, 20 Mar 2023 | ₩54.4t | ₩189.8t | ₩8.7t | 7.5x | 6.2x | 0.3x |
| Wed, 15 Feb 2023 | ₩53.8t | ₩192.2t | ₩11.0t | 7.6x | 4.9x | 0.3x |
| Fri, 13 Jan 2023 | ₩51.9t | ₩192.3t | ₩11.0t | 7.3x | 4.7x | 0.3x |
| Sun, 11 Dec 2022 | ₩52.5t | ₩192.1t | ₩11.0t | 7.5x | 4.8x | 0.3x |
| Tue, 08 Nov 2022 | ₩49.7t | ₩188.6t | ₩12.2t | 5.4x | 4.1x | 0.3x |
| Thu, 06 Oct 2022 | ₩45.7t | ₩188.1t | ₩13.6t | 5.5x | 3.4x | 0.2x |
| Sat, 03 Sep 2022 | ₩49.2t | ₩188.1t | ₩13.6t | 6.4x | 3.6x | 0.3x |
| Mon, 01 Aug 2022 | ₩46.3t | ₩177.7t | ₩13.4t | 5.4x | 3.4x | 0.3x |
| Wed, 29 Jun 2022 | ₩46.6t | ₩177.7t | ₩13.4t | 5.5x | 3.5x | 0.3x |
| Fri, 27 May 2022 | ₩54.9t | ₩175.1t | ₩13.1t | 7.1x | 4.2x | 0.3x |
| Sun, 24 Apr 2022 | ₩59.7t | ₩165.3t | ₩12.0t | 8.6x | 5x | 0.4x |
| Tue, 22 Mar 2022 | ₩54.1t | ₩162.9t | ₩11.3t | 8.1x | 4.8x | 0.3x |
| Thu, 17 Feb 2022 | ₩51.6t | ₩158.3t | ₩10.3t | 7.7x | 5x | 0.3x |
| Sat, 15 Jan 2022 | ₩55.0t | ₩152.3t | ₩9.5t | 8.1x | 5.8x | 0.4x |
| Mon, 13 Dec 2021 | ₩52.3t | ₩152.3t | ₩9.5t | 7.5x | 5.5x | 0.3x |
| Wed, 10 Nov 2021 | ₩52.7t | ₩145.3t | ₩8.2t | 10.7x | 6.4x | 0.4x |
| Fri, 08 Oct 2021 | ₩56.7t | ₩138.9t | ₩6.3t | 10.4x | 9x | 0.4x |
| Sun, 05 Sep 2021 | ₩61.8t | ₩139.9t | ₩6.3t | 11.6x | 9.8x | 0.4x |
| Tue, 03 Aug 2021 | ₩59.7t | ₩139.9t | ₩6.3t | 11.1x | 9.5x | 0.4x |
Price to Earnings Ratio
9.5x
Current Industry PE
- Investors are optimistic on the South Korean Metals and Mining 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 0.34x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.9% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the South Korean Materials industry?
| KR Market | -2.57% | |
| Materials | -5.37% | |
| Metals and Mining | -4.24% | |
| Copper | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Steel | -3.91% | |
| Diversified Metals and Mining | -4.31% | |
| Aluminum | -12.05% | |
Industry PE
- Investors are most optimistic about the Diversified Metals and Mining industry which is trading above its 3-year average PE ratio of 11.4x.
- Analysts are expecting annual earnings growth of 14.2%, which is higher than its past year's earnings decline of 30.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings decline of 24% per year.
- In contrast, the Diversified Metals and Mining industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| A009190 Daiyang Metal | ₩2.09k | 28.4% +₩18.3b | -43.6% | PS0.3x | |
| A058730 Development Advance SolutionLtd | ₩4.15k | 31.3% +₩18.0b | -6.4% | PE9.2x | |
| A365330 Systeel TechLtd | ₩4.50k | 9.1% +₩11.5b | n/a | n/a | |
| A023440 J Steel Company Holdings | ₩1.58k | 9.7% +₩8.2b | -34.4% | PS1.9x | |
| A460850 Dongkuk CM | ₩7.28k | 3.7% +₩7.8b | -17.7% | n/a |
