South Korean (KOSPI) Tech Sector Analysis
UpdatedDec 05, 2022
DataAggregated Company Financials
Companies626
- 7D-1.0%
- 3M3.0%
- 1Y-23.1%
- YTD-26.1%
Over the last 7 days, the Tech industry has remained flat, although notably L&F gained 3.5%. As for the longer term, the industry has declined 23% in the last year. As for the next few years, earnings are expected to grow by 9.7% per annum.
Sector Valuation and Performance
Has the South Korean Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 05 Dec 2022 | ₩678.4t | ₩582.9t | ₩64.1t | 11.3x | 10.6x | 1.2x |
| Wed, 02 Nov 2022 | ₩667.3t | ₩574.9t | ₩65.3t | 10.9x | 10.2x | 1.2x |
| Fri, 30 Sep 2022 | ₩595.0t | ₩572.5t | ₩66.7t | 10.5x | 8.9x | 1x |
| Sun, 28 Aug 2022 | ₩687.6t | ₩569.9t | ₩69.3t | 13.1x | 9.9x | 1.2x |
| Tue, 26 Jul 2022 | ₩694.8t | ₩546.6t | ₩67.0t | 13.4x | 10.4x | 1.3x |
| Thu, 23 Jun 2022 | ₩656.4t | ₩547.2t | ₩67.0t | 12.1x | 9.8x | 1.2x |
| Sat, 21 May 2022 | ₩783.2t | ₩535.8t | ₩65.1t | 15.4x | 12x | 1.5x |
| Mon, 18 Apr 2022 | ₩780.2t | ₩522.4t | ₩61.1t | 16.3x | 12.8x | 1.5x |
| Wed, 16 Mar 2022 | ₩779.2t | ₩512.0t | ₩57.9t | 17.2x | 13.4x | 1.5x |
| Fri, 11 Feb 2022 | ₩847.3t | ₩502.2t | ₩55.8t | 18.5x | 15.2x | 1.7x |
| Sun, 09 Jan 2022 | ₩892.2t | ₩485.3t | ₩48.4t | 19.6x | 18.4x | 1.8x |
| Tue, 07 Dec 2021 | ₩878.1t | ₩485.3t | ₩52.0t | 19.2x | 16.9x | 1.8x |
| Thu, 04 Nov 2021 | ₩785.7t | ₩475.5t | ₩48.4t | 20.1x | 16.2x | 1.7x |
| Sat, 02 Oct 2021 | ₩791.2t | ₩467.5t | ₩43.2t | 19.2x | 18.3x | 1.7x |
| Mon, 30 Aug 2021 | ₩816.2t | ₩470.2t | ₩42.9t | 21.6x | 19x | 1.7x |
| Tue, 06 Jul 2021 | ₩873.0t | ₩470.2t | ₩42.9t | 22.3x | 20.3x | 1.9x |
| Fri, 09 Apr 2021 | ₩864.7t | ₩448.2t | ₩37.1t | 22.3x | 23.3x | 1.9x |
| Thu, 31 Dec 2020 | ₩839.7t | ₩427.2t | ₩33.8t | 23x | 24.8x | 2x |
| Sun, 04 Oct 2020 | ₩621.1t | ₩416.9t | ₩27.0t | 21x | 23x | 1.5x |
| Wed, 08 Jul 2020 | ₩561.5t | ₩406.2t | ₩23.9t | 18.4x | 23.5x | 1.4x |
| Tue, 31 Mar 2020 | ₩487.3t | ₩408.1t | ₩23.2t | 14.2x | 21x | 1.2x |
| Fri, 03 Jan 2020 | ₩572.7t | ₩403.3t | ₩23.8t | 19.5x | 24x | 1.4x |
Price to Earnings Ratio
24x
Current Industry PE
- Investors are pessimistic on the South Korean Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 10.6x which is lower than its 3-year average PE of 19.2x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the South Korean Tech sector?
| KR Market | -0.18% | |
| Tech | -1.00% | |
| Software | 2.30% | |
| Communications | 0.64% | |
| Electronic Equipment and Components | 0.20% | |
| IT | -0.92% | |
| Tech Hardware | -0.99% | |
| Semiconductors | -2.58% | |
Industry PE
- Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio.
- Analysts expect its future annual earnings growth (20.0%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Semiconductors industry, which is trading below its 3-year average of 21.6x.
Forecasted Growth
- Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 74% over the next 5 years.
- This is better than its past earnings growth rate of 9.8% per year.
- In contrast, the Tech Hardware industry is expected to see its earnings grow by 4.1% 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 | |
|---|---|---|---|---|---|
| A377300 Kakao Pay | ₩63.80k | 17.7% +₩1.3t | -67.2% | PS16.1x | |
| A009150 Samsung Electro-Mechanics | ₩140.00k | 4.1% +₩415.5b | -22.4% | PE9.8x | |
| A403870 HPSP | ₩63.00k | 7.3% +₩95.2b | n/a | n/a | |
| A058470 LEENO Industrial | ₩175.40k | 2.8% +₩74.3b | -14.8% | n/a | |
| A022100 Posco ICT | ₩6.85k | 7.2% +₩69.8b | 7.2% | PE17.2x |