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South Korean (KOSPI) Tech Sector Analysis
UpdatedDec 20, 2024
DataAggregated Company Financials
Companies631
- 7D-2.6%
- 3M-11.0%
- 1Y-22.2%
- YTD-25.9%
Over the last 7 days, the Tech industry has risen 3.5%, driven by gains from Samsung Electro-Mechanics of 6.0%. During this same period, the Samsung Electronics underperformed, falling 5.0%. In the past year, the industry is down 19%. As for the next few years, earnings are expected to grow by 7.5% 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 |
|---|---|---|---|---|---|---|
| Fri, 20 Dec 2024 | ₩639.3t | ₩562.1t | ₩43.0t | 15x | 14.9x | 1.1x |
| Sun, 17 Nov 2024 | ₩641.2t | ₩550.8t | ₩38.9t | 13.1x | 16.5x | 1.2x |
| Tue, 15 Oct 2024 | ₩716.2t | ₩536.4t | ₩32.5t | 14.3x | 22x | 1.3x |
| Thu, 12 Sep 2024 | ₩722.3t | ₩536.4t | ₩32.6t | 13.6x | 22.2x | 1.3x |
| Sat, 10 Aug 2024 | ₩803.8t | ₩523.7t | ₩27.2t | 15.3x | 29.6x | 1.5x |
| Mon, 08 Jul 2024 | ₩974.1t | ₩507.8t | ₩18.6t | 16.7x | 52.2x | 1.9x |
| Wed, 05 Jun 2024 | ₩863.5t | ₩508.2t | ₩18.5t | 17.9x | 46.8x | 1.7x |
| Fri, 03 May 2024 | ₩873.6t | ₩498.4t | ₩14.1t | 18.2x | 61.8x | 1.8x |
| Sun, 31 Mar 2024 | ₩912.9t | ₩489.5t | ₩8.5t | 18x | 107.9x | 1.9x |
| Tue, 27 Feb 2024 | ₩818.3t | ₩487.1t | ₩3.8t | 18.8x | 216.1x | 1.7x |
| Thu, 25 Jan 2024 | ₩811.1t | ₩490.8t | ₩19.4t | 19.2x | 41.9x | 1.7x |
| Sat, 23 Dec 2023 | ₩823.6t | ₩491.4t | ₩19.5t | 18.3x | 42.3x | 1.7x |
| Mon, 20 Nov 2023 | ₩786.7t | ₩498.4t | ₩22.1t | 16.9x | 35.6x | 1.6x |
| Wed, 18 Oct 2023 | ₩761.1t | ₩512.8t | ₩29.2t | 15.5x | 26.1x | 1.5x |
| Fri, 15 Sep 2023 | ₩794.1t | ₩512.7t | ₩29.2t | 15.7x | 27.2x | 1.5x |
| Sun, 13 Aug 2023 | ₩760.3t | ₩522.0t | ₩37.1t | 14.9x | 20.5x | 1.5x |
| Tue, 11 Jul 2023 | ₩764.7t | ₩540.0t | ₩47.0t | 15.5x | 16.3x | 1.4x |
| Thu, 08 Jun 2023 | ₩781.1t | ₩540.0t | ₩47.2t | 15.7x | 16.5x | 1.4x |
| Sat, 06 May 2023 | ₩717.2t | ₩552.6t | ₩53.2t | 14.4x | 13.5x | 1.3x |
| Mon, 03 Apr 2023 | ₩721.2t | ₩568.6t | ₩64.6t | 14.6x | 11.2x | 1.3x |
| Wed, 01 Mar 2023 | ₩695.7t | ₩577.8t | ₩74.8t | 12.5x | 9.3x | 1.2x |
| Fri, 27 Jan 2023 | ₩708.2t | ₩582.6t | ₩60.2t | 11.6x | 11.8x | 1.2x |
| Sun, 25 Dec 2022 | ₩641.3t | ₩583.1t | ₩60.2t | 10.8x | 10.7x | 1.1x |
| Tue, 22 Nov 2022 | ₩686.7t | ₩580.5t | ₩63.9t | 11.8x | 10.7x | 1.2x |
| Thu, 20 Oct 2022 | ₩634.3t | ₩572.5t | ₩66.7t | 10.9x | 9.5x | 1.1x |
| Sat, 17 Sep 2022 | ₩655.1t | ₩572.4t | ₩66.7t | 12.4x | 9.8x | 1.1x |
| Mon, 15 Aug 2022 | ₩694.7t | ₩560.2t | ₩68.5t | 13.5x | 10.1x | 1.2x |
| Wed, 13 Jul 2022 | ₩655.8t | ₩546.6t | ₩67.0t | 12.2x | 9.8x | 1.2x |
| Fri, 10 Jun 2022 | ₩749.5t | ₩547.1t | ₩67.1t | 14.7x | 11.2x | 1.4x |
| Sun, 08 May 2022 | ₩770.3t | ₩535.0t | ₩65.1t | 15.7x | 11.8x | 1.4x |
| Tue, 05 Apr 2022 | ₩807.7t | ₩522.4t | ₩61.1t | 16.4x | 13.2x | 1.5x |
| Thu, 03 Mar 2022 | ₩815.3t | ₩504.0t | ₩55.8t | 18x | 14.6x | 1.6x |
| Sat, 29 Jan 2022 | ₩826.8t | ₩501.6t | ₩55.8t | 18.4x | 14.8x | 1.6x |
| Mon, 27 Dec 2021 | ₩912.4t | ₩485.3t | ₩48.4t | 19.7x | 18.9x | 1.9x |
Price to Earnings Ratio
18.9x
Current Industry PE
- Investors are optimistic on the South Korean Information Technology industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 557x which is higher than its 3-year average PE of 32.4x.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 4.2x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 71% per year over the last three years,
- Revenues have also declined 32% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the South Korean Tech sector?
| KR Market | -1.64% | |
| Tech | -2.57% | |
| Electronic Equipment and Components | 2.34% | |
| Semiconductors | 0.77% | |
| Communications | 0.51% | |
| Software | -1.32% | |
| IT | -3.60% | |
| Tech Hardware | -4.98% | |
Industry PE
- Investors are most optimistic about the Tech Hardware industry which is trading above its 3-year average PE ratio of 22.3x.
- Analysts are expecting annual earnings growth of 1.9%, which is lower than the prior year's growth of 48.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 63% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Tech Hardware industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| A009150 Samsung Electro-Mechanics | ₩129.70k | 2.9% +₩272.0b | -14.3% | PE19.9x | |
| A058470 LEENO Industrial | ₩190.30k | 10.3% +₩267.4b | -4.4% | n/a | |
| A007660 ISU Petasys | ₩24.75k | 13.8% +₩189.7b | -15.8% | PE25.1x | |
| A445090 ASICLAND | ₩35.90k | 37.3% +₩104.1b | -25.9% | PS5.3x | |
| A389020 Zaram TechnologyInc | ₩51.00k | 38.8% +₩88.3b | 57.2% | n/a |
