South Korean (KOSPI) Tech Sector Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies660
- 7D0.9%
- 3M-0.5%
- 1Y19.2%
- YTD30.7%
In the last week, the Tech industry is up 1.0%, with SK hynix up 3.6%. This takes the industry's 12 month performance to a gain of 19%. Earnings are forecast to grow by 34% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | ₩792.6t | ₩496.5t | ₩20.8t | 17.6x | 38.2x | 1.6x |
| Tue, 31 Oct 2023 | ₩730.6t | ₩510.9t | ₩29.3t | 14.6x | 25x | 1.4x |
| Thu, 28 Sep 2023 | ₩750.4t | ₩512.7t | ₩29.2t | 15x | 25.7x | 1.5x |
| Sat, 26 Aug 2023 | ₩755.2t | ₩513.9t | ₩30.4t | 15.2x | 24.8x | 1.5x |
| Mon, 24 Jul 2023 | ₩789.5t | ₩540.0t | ₩47.0t | 15.6x | 16.8x | 1.5x |
| Wed, 21 Jun 2023 | ₩791.5t | ₩540.0t | ₩47.0t | 16.5x | 16.8x | 1.5x |
| Fri, 19 May 2023 | ₩731.4t | ₩553.6t | ₩53.1t | 14.6x | 13.8x | 1.3x |
| Sun, 16 Apr 2023 | ₩734.8t | ₩568.6t | ₩64.3t | 15.1x | 11.4x | 1.3x |
| Tue, 14 Mar 2023 | ₩687.0t | ₩576.0t | ₩72.9t | 12.3x | 9.4x | 1.2x |
| Thu, 09 Feb 2023 | ₩702.6t | ₩575.4t | ₩74.6t | 12.5x | 9.4x | 1.2x |
| Sat, 07 Jan 2023 | ₩651.2t | ₩582.8t | ₩60.2t | 10.9x | 10.8x | 1.1x |
| 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 |
Price to Earnings Ratio
26.1x
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 38.2x which is higher than its 3-year average PE of 17.0x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 8.4% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.0% 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 Tech sector?
| KR Market | 0.53% | |
| Tech | 0.88% | |
| Semiconductors | 3.14% | |
| IT | 1.65% | |
| Software | 0.50% | |
| Tech Hardware | 0.40% | |
| Electronic Equipment and Components | -0.68% | |
| Communications | -1.12% | |
Industry PE
- Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio of 97.2x.
- Analysts are expecting annual earnings growth of 62.8%, which is higher than its past year's earnings decline of 4.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 94% over the next 5 years.
- This is better than its past earnings decline of 35% per year.
- In contrast, the IT industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| A000660 SK hynix | ₩132.60k | 3.6% +₩3.2t | 61.9% | PS3.1x | |
| A005930 Samsung Electronics | ₩72.00k | 0.4% +₩2.0t | 19.2% | PE15.3x | |
| A018260 Samsung SDSLtd | ₩168.50k | 8.6% +₩1.0t | 34.8% | PE16.4x | |
| A403870 HPSP | ₩47.35k | 31.5% +₩946.2b | 204.0% | n/a | |
| A009150 Samsung Electro-Mechanics | ₩146.70k | 7.1% +₩732.8b | 7.5% | PE21.7x |