Pinning Down Samsung SDS Co.,Ltd.'s (KRX:018260) P/E Is Difficult Right Now
Apr 14
South Korean (KOSPI) IT Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies44
- 7D1.3%
- 3M-13.4%
- 1Y38.2%
- YTD-22.3%
The IT industry is up 1.3% in the last week, with Samsung SDSLtd up 3.2%. In the last 12 months, the industry was up 38%. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the South Korean IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | ₩26.5t | ₩27.5t | ₩1.1t | 15.8x | 23.5x | 1x |
| Fri, 22 Mar 2024 | ₩29.8t | ₩27.6t | ₩1.1t | 18.6x | 27.7x | 1.1x |
| Sun, 18 Feb 2024 | ₩31.5t | ₩28.5t | ₩1.2t | 21.1x | 25.9x | 1.1x |
| Tue, 16 Jan 2024 | ₩33.0t | ₩28.7t | ₩1.2t | 23.7x | 28x | 1.1x |
| Thu, 14 Dec 2023 | ₩30.7t | ₩28.7t | ₩1.2t | 23.7x | 26x | 1.1x |
| Sat, 11 Nov 2023 | ₩28.0t | ₩29.2t | ₩1.4t | 20.1x | 19.6x | 1x |
| Mon, 09 Oct 2023 | ₩27.8t | ₩29.2t | ₩1.4t | 18.5x | 19.4x | 1x |
| Wed, 06 Sep 2023 | ₩30.3t | ₩29.2t | ₩1.4t | 19x | 21.2x | 1x |
| Fri, 04 Aug 2023 | ₩24.0t | ₩29.8t | ₩1.5t | 17.5x | 16.5x | 0.8x |
| Sun, 02 Jul 2023 | ₩20.8t | ₩29.8t | ₩1.5t | 18.5x | 14.3x | 0.7x |
| Tue, 30 May 2023 | ₩19.1t | ₩30.0t | ₩1.5t | 21.5x | 13.1x | 0.6x |
| Thu, 27 Apr 2023 | ₩18.9t | ₩30.2t | ₩1.4t | 25x | 13.6x | 0.6x |
| Sat, 25 Mar 2023 | ₩17.9t | ₩30.1t | ₩1.4t | 26.3x | 13.2x | 0.6x |
| Mon, 20 Feb 2023 | ₩29.7t | ₩33.9t | ₩1.3t | 24.4x | 22.3x | 0.9x |
| Wed, 18 Jan 2023 | ₩29.2t | ₩33.9t | ₩1.3t | 17.9x | 21.7x | 0.9x |
| Fri, 16 Dec 2022 | ₩29.1t | ₩34.2t | ₩1.3t | 17.3x | 21.6x | 0.8x |
| Sun, 13 Nov 2022 | ₩29.3t | ₩33.0t | ₩1.1t | 15.5x | 26x | 0.9x |
| Tue, 11 Oct 2022 | ₩25.1t | ₩32.9t | ₩1.1t | 15.1x | 22.2x | 0.8x |
| Thu, 08 Sep 2022 | ₩29.1t | ₩32.9t | ₩1.1t | 16.7x | 25.6x | 0.9x |
| Sat, 06 Aug 2022 | ₩32.0t | ₩31.3t | ₩1.0t | 16x | 31.2x | 1x |
| Mon, 04 Jul 2022 | ₩28.7t | ₩31.3t | ₩1.0t | 14.7x | 27.9x | 0.9x |
| Wed, 01 Jun 2022 | ₩38.5t | ₩31.9t | ₩1.1t | 17.4x | 36.2x | 1.2x |
| Fri, 29 Apr 2022 | ₩39.9t | ₩30.2t | ₩1.0t | 16.4x | 38.6x | 1.3x |
| Sun, 27 Mar 2022 | ₩42.9t | ₩29.7t | ₩989.1b | 17.2x | 43.4x | 1.4x |
| Tue, 22 Feb 2022 | ₩42.7t | ₩27.5t | ₩1.0t | 16.7x | 40.8x | 1.6x |
| Thu, 20 Jan 2022 | ₩42.8t | ₩27.5t | ₩1.1t | 18x | 40.8x | 1.6x |
| Sat, 18 Dec 2021 | ₩50.7t | ₩27.5t | ₩1.1t | 19.2x | 48.2x | 1.8x |
| Mon, 15 Nov 2021 | ₩46.9t | ₩26.5t | ₩1.1t | 20.9x | 44.5x | 1.8x |
| Wed, 13 Oct 2021 | ₩26.3t | ₩26.5t | ₩1.1t | 21.4x | 25x | 1x |
| Fri, 10 Sep 2021 | ₩27.0t | ₩27.2t | ₩1.1t | 23.6x | 25.6x | 1x |
| Sun, 08 Aug 2021 | ₩29.8t | ₩27.2t | ₩1.1t | 25.4x | 28.1x | 1.1x |
| Sat, 01 May 2021 | ₩28.0t | ₩25.8t | ₩1.1t | 26.7x | 26.6x | 1.1x |
Price to Earnings Ratio
26.6x
Current Industry PE
- Investors are pessimistic on the South Korean IT 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 23.5x which is lower than its 3-year average PE of 26.7x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 2.4% per year over the last three years.
- Revenues for these companies have grown 2.2% 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 industry?
| KR Market | 0.53% | |
| Tech | -4.16% | |
| IT | 1.34% | |
| IT Consulting | 1.43% | |
| Data Processing Services | -0.81% | |
| Internet Services and Infrastructure | -1.88% | |
Industry PE
- Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the IT Consulting industry, which is trading close to its 3-year average of 21.8x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings growth rate of 2.6% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| A022100 Posco Dx | ₩43.00k | 11.1% +₩652.8b | 216.9% | PE71.1x | |
| A307950 Hyundai Autoever | ₩153.80k | 12.8% +₩479.9b | 23.3% | PE30.6x | |
| A018260 Samsung SDSLtd | ₩151.60k | 4.3% +₩479.6b | 30.2% | PE16.9x | |
| A443670 SPSoft | ₩22.25k | 8.5% +₩37.1b | 523.0% | n/a | |
| A393210 TOMATOSYSTEMLtd | ₩7.31k | 20.8% +₩19.3b | 9.1% | n/a |
