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South Korean (KOSPI) IT Industry Analysis
UpdatedDec 20, 2024
DataAggregated Company Financials
Companies47
- 7D-3.6%
- 3M-16.2%
- 1Y-34.8%
- YTD-37.5%
The IT is pretty flat in the last 7 days, but SPSoft has stood out, gaining 12%. Unfortunately though, the industry is down 30% over the past 12 months. Looking forward, earnings are forecast to grow by 6.7% 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 |
|---|---|---|---|---|---|---|
| Fri, 20 Dec 2024 | ₩21.7t | ₩29.7t | ₩1.3t | 15.3x | 16.7x | 0.7x |
| Sun, 17 Nov 2024 | ₩22.0t | ₩28.6t | ₩1.2t | 14.5x | 17.7x | 0.8x |
| Tue, 15 Oct 2024 | ₩24.4t | ₩28.6t | ₩1.3t | 14.9x | 19.3x | 0.9x |
| Thu, 12 Sep 2024 | ₩24.7t | ₩28.6t | ₩1.3t | 14.5x | 19.5x | 0.9x |
| Sat, 10 Aug 2024 | ₩23.8t | ₩27.8t | ₩1.2t | 15x | 19.6x | 0.9x |
| Mon, 08 Jul 2024 | ₩27.8t | ₩27.8t | ₩1.2t | 15x | 22.9x | 1x |
| Wed, 05 Jun 2024 | ₩26.9t | ₩27.8t | ₩1.2t | 16.8x | 22.1x | 1x |
| Fri, 03 May 2024 | ₩27.4t | ₩27.5t | ₩1.1t | 16.5x | 24.3x | 1x |
| Sun, 31 Mar 2024 | ₩29.3t | ₩27.7t | ₩1.1t | 17.7x | 26.7x | 1.1x |
| Tue, 27 Feb 2024 | ₩31.4t | ₩28.5t | ₩1.2t | 19.7x | 25.9x | 1.1x |
| Thu, 25 Jan 2024 | ₩30.8t | ₩28.7t | ₩1.2t | 21.7x | 26.1x | 1.1x |
| Sat, 23 Dec 2023 | ₩33.5t | ₩28.7t | ₩1.2t | 23.5x | 28.5x | 1.2x |
| Mon, 20 Nov 2023 | ₩29.0t | ₩29.2t | ₩1.4t | 20.2x | 20.2x | 1x |
| Wed, 18 Oct 2023 | ₩28.4t | ₩29.2t | ₩1.4t | 19.4x | 19.9x | 1x |
| Fri, 15 Sep 2023 | ₩29.0t | ₩29.2t | ₩1.4t | 21x | 20.3x | 1x |
| Sun, 13 Aug 2023 | ₩24.1t | ₩29.8t | ₩1.5t | 17.5x | 16.6x | 0.8x |
| Tue, 11 Jul 2023 | ₩20.5t | ₩29.8t | ₩1.5t | 18.2x | 14.1x | 0.7x |
| Thu, 08 Jun 2023 | ₩19.9t | ₩29.8t | ₩1.5t | 18.8x | 13.7x | 0.7x |
| Sat, 06 May 2023 | ₩19.1t | ₩30.2t | ₩1.4t | 26.4x | 13.7x | 0.6x |
| Mon, 03 Apr 2023 | ₩18.2t | ₩30.4t | ₩1.4t | 27.1x | 13.2x | 0.6x |
| Wed, 01 Mar 2023 | ₩30.1t | ₩33.9t | ₩1.3t | 27.5x | 22.6x | 0.9x |
| Fri, 27 Jan 2023 | ₩30.0t | ₩33.9t | ₩1.3t | 19x | 22.3x | 0.9x |
| Sun, 25 Dec 2022 | ₩27.9t | ₩34.2t | ₩1.3t | 16x | 20.7x | 0.8x |
| Tue, 22 Nov 2022 | ₩29.0t | ₩33.9t | ₩1.3t | 17x | 21.5x | 0.9x |
| Thu, 20 Oct 2022 | ₩25.0t | ₩32.9t | ₩1.1t | 15.8x | 22.1x | 0.8x |
| Sat, 17 Sep 2022 | ₩29.6t | ₩32.9t | ₩1.1t | 18.7x | 26.1x | 0.9x |
| Mon, 15 Aug 2022 | ₩32.3t | ₩31.3t | ₩1.0t | 16.4x | 31.5x | 1x |
| Wed, 13 Jul 2022 | ₩29.6t | ₩31.3t | ₩1.0t | 15x | 28.8x | 0.9x |
| Fri, 10 Jun 2022 | ₩35.4t | ₩31.8t | ₩1.1t | 16.5x | 33.2x | 1.1x |
| Sun, 08 May 2022 | ₩37.7t | ₩30.2t | ₩1.0t | 17.5x | 36.3x | 1.2x |
| Tue, 05 Apr 2022 | ₩44.4t | ₩30.2t | ₩1.0t | 17.5x | 43.3x | 1.5x |
| Thu, 03 Mar 2022 | ₩43.5t | ₩27.5t | ₩1.0t | 16.6x | 41.6x | 1.6x |
| Sat, 29 Jan 2022 | ₩41.0t | ₩27.5t | ₩1.1t | 16.6x | 39.1x | 1.5x |
| Mon, 27 Dec 2021 | ₩50.0t | ₩27.5t | ₩1.1t | 19x | 47.5x | 1.8x |
Price to Earnings Ratio
47.5x
Current Industry PE
- Investors are optimistic on the South Korean IT industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 36.8x which is higher than its 3-year average PE of 24.6x.
- The 3-year average PS ratio of 0.98x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 17% per year over the last three years,
- Revenues have also declined 17% 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 industry?
| KR Market | -1.64% | |
| Tech | -2.57% | |
| IT | -3.60% | |
| Data Processing Services | 2.14% | |
| Internet Services and Infrastructure | -0.58% | |
| IT Consulting | -3.78% | |
Industry PE
- Investors are most optimistic about the Data Processing Services industry, which is trading close to its 3-year average PE ratio of 90.7x.
- 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 20.2x.
Forecasted Growth
- Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 35% over the next 5 years.
- This is better than its past earnings decline of 8.5% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 5.1% 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 | |
|---|---|---|---|---|---|
| A443670 SPSoft | ₩9.17k | 11.8% +₩23.5b | 92.5% | n/a | |
| A035510 SHINSEGAE Information & Communication | ₩10.56k | 19.7% +₩22.9b | -14.0% | PE4.9x | |
| A465480 InspienInc | ₩9.15k | 12.8% +₩10.5b | n/a | n/a | |
| A466100 CLOBOT | ₩6.71k | 6.7% +₩10.3b | n/a | PS5.6x | |
| A020180 Daishin Information & CommunicationsLtd | ₩1.27k | 21.8% +₩8.8b | 2.4% | n/a |