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South Korean (KOSPI) IT Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies47
- 7D3.0%
- 3M-5.8%
- 1Y-19.6%
- YTD-32.5%
Over the last 7 days, the IT industry has risen 1.7%, driven by gains from Samsung SDSLtd of 8.0%. Meanwhile, Posco Dx actually underperformed within the industry, shrinking 11% in the last week. In the past year, the industry is down 21%. Looking forward, earnings are forecast to grow by 12% 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, 20 Nov 2024 | ₩23.4t | ₩28.6t | ₩1.2t | 14.2x | 18.8x | 0.8x |
| Fri, 18 Oct 2024 | ₩24.3t | ₩28.6t | ₩1.3t | 15.1x | 19.2x | 0.9x |
| Sun, 15 Sep 2024 | ₩26.0t | ₩28.6t | ₩1.3t | 14.7x | 20.5x | 0.9x |
| Tue, 13 Aug 2024 | ₩23.9t | ₩27.8t | ₩1.2t | 14.4x | 19.7x | 0.9x |
| Thu, 11 Jul 2024 | ₩27.9t | ₩27.8t | ₩1.2t | 15.4x | 23x | 1x |
| Sat, 08 Jun 2024 | ₩27.7t | ₩27.8t | ₩1.2t | 16.4x | 22.8x | 1x |
| Mon, 06 May 2024 | ₩27.5t | ₩27.5t | ₩1.1t | 16.4x | 24.3x | 1x |
| Wed, 03 Apr 2024 | ₩28.7t | ₩27.5t | ₩1.1t | 17.2x | 25.4x | 1x |
| Fri, 01 Mar 2024 | ₩30.2t | ₩28.5t | ₩1.2t | 19.6x | 24.9x | 1.1x |
| Sun, 28 Jan 2024 | ₩31.3t | ₩28.7t | ₩1.2t | 21.7x | 26.5x | 1.1x |
| Tue, 26 Dec 2023 | ₩33.5t | ₩28.7t | ₩1.2t | 23.5x | 28.5x | 1.2x |
| Thu, 23 Nov 2023 | ₩29.1t | ₩28.4t | ₩1.2t | 21.2x | 23.6x | 1x |
| Sat, 21 Oct 2023 | ₩26.8t | ₩29.2t | ₩1.4t | 19.2x | 18.8x | 0.9x |
| Mon, 18 Sep 2023 | ₩29.3t | ₩29.2t | ₩1.4t | 21.1x | 20.5x | 1x |
| Wed, 16 Aug 2023 | ₩24.3t | ₩29.8t | ₩1.5t | 17.5x | 16.7x | 0.8x |
| Fri, 14 Jul 2023 | ₩22.2t | ₩29.8t | ₩1.5t | 18.3x | 15.3x | 0.7x |
| Sun, 11 Jun 2023 | ₩19.8t | ₩29.8t | ₩1.5t | 18.8x | 13.6x | 0.7x |
| Tue, 09 May 2023 | ₩19.1t | ₩30.2t | ₩1.4t | 26.5x | 13.7x | 0.6x |
| Thu, 06 Apr 2023 | ₩18.5t | ₩30.2t | ₩1.4t | 28x | 13.3x | 0.6x |
| Sat, 04 Mar 2023 | ₩29.8t | ₩33.9t | ₩1.3t | 27.4x | 22.4x | 0.9x |
| Mon, 30 Jan 2023 | ₩30.3t | ₩33.9t | ₩1.3t | 20.4x | 22.6x | 0.9x |
| Wed, 28 Dec 2022 | ₩28.2t | ₩33.9t | ₩1.3t | 16.8x | 20.9x | 0.8x |
| Fri, 25 Nov 2022 | ₩28.7t | ₩33.9t | ₩1.3t | 17.9x | 21.4x | 0.8x |
| Sun, 23 Oct 2022 | ₩24.8t | ₩32.9t | ₩1.1t | 15.7x | 21.9x | 0.8x |
| Tue, 20 Sep 2022 | ₩28.8t | ₩32.9t | ₩1.1t | 18.6x | 25.4x | 0.9x |
| Thu, 18 Aug 2022 | ₩32.3t | ₩31.3t | ₩1.0t | 16x | 31.4x | 1x |
| Sat, 16 Jul 2022 | ₩30.2t | ₩31.3t | ₩1.0t | 15.2x | 29.4x | 1x |
| Mon, 13 Jun 2022 | ₩34.8t | ₩31.8t | ₩1.1t | 16.5x | 32.7x | 1.1x |
| Wed, 11 May 2022 | ₩36.2t | ₩30.2t | ₩1.1t | 17.1x | 33.4x | 1.2x |
| Fri, 08 Apr 2022 | ₩42.5t | ₩30.2t | ₩1.0t | 17x | 41.4x | 1.4x |
| Sun, 06 Mar 2022 | ₩43.2t | ₩27.5t | ₩1.0t | 16.7x | 41.3x | 1.6x |
| Tue, 01 Feb 2022 | ₩41.0t | ₩27.5t | ₩1.1t | 16.6x | 39.1x | 1.5x |
| Thu, 30 Dec 2021 | ₩51.1t | ₩27.5t | ₩1.1t | 19x | 48.6x | 1.9x |
| Sat, 27 Nov 2021 | ₩55.3t | ₩27.3t | ₩1.1t | 18.6x | 49.2x | 2x |
Price to Earnings Ratio
49.2x
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 18.5x which is lower than its 3-year average PE of 25.4x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.81x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 3.5% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the South Korean Tech industry?
| KR Market | -0.72% | |
| Tech | 1.28% | |
| IT | 3.04% | |
| IT Consulting | 3.09% | |
| Internet Services and Infrastructure | 1.85% | |
| Data Processing Services | -0.32% | |
Industry PE
- Investors are most optimistic about the Data Processing Services industry which is trading above its 3-year average PE ratio of 110x.
- 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 below its 3-year average of 20.4x.
Forecasted Growth
- Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 39% over the next 5 years.
- This is better than its past earnings growth rate of 20% per year.
- In contrast, the IT Consulting 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 | |
|---|---|---|---|---|---|
| A018260 Samsung SDSLtd | ₩148.20k | 9.0% +₩943.7b | 1.2% | PE16.2x | |
| A307950 Hyundai Autoever | ₩146.10k | 13.3% +₩468.9b | -14.8% | PE27.5x | |
| A267850 Asiana IDT | ₩18.31k | 8.9% +₩16.7b | 18.9% | n/a | |
| A079940 GABIA | ₩14.05k | 9.3% +₩15.6b | 0.9% | PE11.3x | |
| A286940 LOTTE INNOVATELtd | ₩20.05k | 4.2% +₩11.9b | -29.5% | PE8.4x |
