There May Be Reason For Hope In Xi S&D's (KRX:317400) Disappointing Earnings
Mar 28
South Korean (KOSPI) Real Estate Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies8
- 7D1.0%
- 3M-27.7%
- 1Y-32.7%
- YTD-32.5%
The Real Estate industry is up 1.5% in the last week, with SK D&D up 3.2%. In contrast, the industry has lost 33% in the last 12 months. In the next few years, earnings are forecast to decline by 16% annually.
Industry Valuation and Performance
Has the South Korean Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₩1.3t | ₩6.2t | ₩145.9b | 4.1x | 8.7x | 0.2x |
| Sun, 24 Mar 2024 | ₩1.7t | ₩6.7t | ₩154.5b | 4.4x | 10.9x | 0.3x |
| Tue, 20 Feb 2024 | ₩1.8t | ₩6.7t | ₩189.6b | 3.6x | 9.5x | 0.3x |
| Thu, 18 Jan 2024 | ₩1.8t | ₩6.7t | ₩189.6b | 3.5x | 9.5x | 0.3x |
| Sat, 16 Dec 2023 | ₩1.9t | ₩6.7t | ₩189.6b | 3.8x | 9.9x | 0.3x |
| Mon, 13 Nov 2023 | ₩1.7t | ₩7.0t | ₩267.4b | 3.3x | 6.5x | 0.2x |
| Wed, 11 Oct 2023 | ₩1.8t | ₩7.0t | ₩265.8b | 3.3x | 6.7x | 0.3x |
| Fri, 08 Sep 2023 | ₩1.7t | ₩7.1t | ₩297.3b | 3.7x | 5.8x | 0.2x |
| Sun, 06 Aug 2023 | ₩1.7t | ₩7.0t | ₩248.6b | 12.6x | 7x | 0.2x |
| Tue, 04 Jul 2023 | ₩1.9t | ₩7.0t | ₩248.0b | 13.6x | 7.6x | 0.3x |
| Thu, 01 Jun 2023 | ₩1.9t | ₩7.0t | ₩268.9b | 12.3x | 7x | 0.3x |
| Sat, 29 Apr 2023 | ₩2.3t | ₩6.5t | ₩315.7b | 7.9x | 7.4x | 0.4x |
| Mon, 27 Mar 2023 | ₩1.7t | ₩6.4t | ₩335.4b | 5.1x | 5.2x | 0.3x |
| Wed, 22 Feb 2023 | ₩1.9t | ₩5.8t | ₩367.4b | 4.4x | 5.2x | 0.3x |
| Fri, 20 Jan 2023 | ₩1.8t | ₩5.8t | ₩367.4b | 4.5x | 5x | 0.3x |
| Sun, 18 Dec 2022 | ₩1.9t | ₩5.8t | ₩367.4b | 4.7x | 5x | 0.3x |
| Tue, 15 Nov 2022 | ₩1.9t | ₩5.0t | ₩394.6b | 4.6x | 4.8x | 0.4x |
| Thu, 13 Oct 2022 | ₩1.9t | ₩5.0t | ₩394.6b | 4.5x | 4.9x | 0.4x |
| Sat, 10 Sep 2022 | ₩2.2t | ₩5.0t | ₩402.6b | 4.9x | 5.6x | 0.5x |
| Mon, 08 Aug 2022 | ₩2.4t | ₩4.2t | ₩421.6b | 6.2x | 5.7x | 0.6x |
| Wed, 06 Jul 2022 | ₩2.3t | ₩4.2t | ₩421.6b | 5.1x | 5.3x | 0.5x |
| Fri, 03 Jun 2022 | ₩2.8t | ₩3.7t | ₩445.4b | 6.1x | 6.2x | 0.7x |
| Sun, 01 May 2022 | ₩2.7t | ₩3.8t | ₩432.6b | 6.7x | 6.3x | 0.7x |
| Tue, 29 Mar 2022 | ₩2.8t | ₩3.5t | ₩435.9b | 6.6x | 6.5x | 0.8x |
| Thu, 24 Feb 2022 | ₩2.7t | ₩2.8t | ₩276.7b | 11.7x | 9.6x | 1x |
| Sat, 22 Jan 2022 | ₩3.1t | ₩2.8t | ₩276.7b | 11.6x | 11.1x | 1.1x |
| Mon, 20 Dec 2021 | ₩3.2t | ₩2.8t | ₩277.7b | 12.2x | 11.6x | 1.2x |
| Wed, 17 Nov 2021 | ₩3.0t | ₩2.7t | ₩620.9b | 12.6x | 4.8x | 1.1x |
| Fri, 15 Oct 2021 | ₩2.8t | ₩2.6t | ₩603.0b | 11.5x | 4.6x | 1.1x |
| Sun, 12 Sep 2021 | ₩3.1t | ₩3.0t | ₩637.4b | 16.1x | 4.9x | 1x |
| Tue, 10 Aug 2021 | ₩3.0t | ₩3.0t | ₩637.4b | 15.9x | 4.8x | 1x |
| Mon, 03 May 2021 | ₩2.8t | ₩2.5t | ₩558.9b | 12.8x | 5x | 1.1x |
Price to Earnings Ratio
5x
Current Industry PE
- Investors are optimistic on the South Korean Real Estate industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 8.7x which is higher than its 3-year average PE of 6.8x.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have declined 36% per year over the last three years.
- Meanwhile revenues for these companies have grown 35% 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 Real Estate industry?
| KR Market | -0.36% | |
| Real Estate | 2.18% | |
| Real Estate | 0.97% | |
| Real Estate Development | 1.81% | |
| Real Estate Services | 1.52% | |
| Real Estate Operating Companies | 0.23% | |
| Diversified Real Estate | -0.79% | |
Industry PE
- Investors are most optimistic about the Real Estate Services industry, which is trading close to its 3-year average PE ratio of 7.7x.
- Analysts are expecting annual earnings growth of 25.0%, which is higher than its past year's earnings decline of 58.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Services industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 58% per year.
- In contrast, the Real Estate Development industry is expected to see its earnings decline by 44% 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 | |
|---|---|---|---|---|---|
| A210980 SK D&D | ₩11.92k | 3.2% +₩7.1b | -59.5% | PE2.2x | |
| A317400 Xi S&D | ₩4.15k | 3.8% +₩5.8b | -38.3% | PE4.1x | |
| A034810 Haesung Industrial | ₩7.40k | 1.0% +₩2.1b | -20.0% | PS0.09x | |
| A013120 DongWon DevelopmentLtd | ₩2.64k | 0.8% +₩1.8b | -24.9% | PE5.6x | |
| A015020 E-Starco | ₩758.00 | 4.3% +₩1.2b | 2.3% | n/a |
