Shindaeyang Paper Co., Ltd.'s (KRX:016590) 0.8% Dividend Yield Looks Pretty Interesting
Could Shindaeyang Paper Co., Ltd. ( KRX:016590 ) be an attractive dividend share to own for the long haul? Investors...
Has the South Korean Paper and Forestry Products Industry valuation changed over the past few years?
|Thu, 02 Dec 2021||₩4.9t||₩9.2t||₩317.9b||11.4x|
|Sat, 30 Oct 2021||₩4.8t||₩8.9t||₩280.2b||12.2x|
|Mon, 27 Sep 2021||₩5.0t||₩8.9t||₩280.2b||12.1x|
|Wed, 25 Aug 2021||₩5.0t||₩9.0t||₩278.2b||13.6x|
|Thu, 01 Jul 2021||₩5.2t||₩9.0t||₩278.2b||13.5x|
|Sun, 04 Apr 2021||₩4.4t||₩8.6t||₩238.2b||14.3x|
|Wed, 06 Jan 2021||₩3.9t||₩8.5t||₩218.9b||16.3x|
|Sat, 10 Oct 2020||₩3.3t||₩8.5t||₩191.5b||7.5x|
|Fri, 03 Jul 2020||₩3.1t||₩8.7t||₩206.3b||4.8x|
|Mon, 06 Apr 2020||₩2.5t||₩9.0t||₩173.3b||4.5x|
|Thu, 09 Jan 2020||₩3.1t||₩9.0t||₩188.1b||8.6x|
|Wed, 02 Oct 2019||₩3.2t||₩9.4t||₩282.1b||13.8x|
|Sat, 06 Jul 2019||₩3.3t||₩9.6t||₩380.9b||7.6x|
|Tue, 09 Apr 2019||₩3.2t||₩10.0t||₩419.8b||7.2x|
|Mon, 31 Dec 2018||₩3.0t||₩10.0t||₩432.6b||5.4x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Forestry industry have declined 5.5% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the South Korean Paper and Forestry Products industry?
Industry PE: Investors are most optimistic about the Forestry Products industry even though it's trading below its 3-year average PE ratio of 27.0x. However analysts are expecting annual earnings growth of 21%, which is lower than the prior year's growth of 407% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Paper Products industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 6.4x.
Forecasted Growth: Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 31% over the next 5 years. However this is lower than its past earnings growth rate of 98% per year. Meanwhile, the Forestry Products industry is expected to see its earnings grow by 21% per year over the next few years.
Which companies have driven the market over the last 7 days?
|A025900 Dongwha EnterpriseLtd||2.6%+₩49.3b||142.9%||PE29.5x|
Sungchang Enterprise Holdings
Asia Paper Manufacturing.Co.Ltd