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Nov 18
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South Korean (KOSPI) Software Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies104
- 7D5.6%
- 3M1.8%
- 1Y-10.1%
- YTD-14.6%
In the last week, the Software industry is up 2.5%, with Douzone Bizon up 8.6%. Meanwhile, Bankware Global actually underperformed within the industry, shrinking 20% in the last week. However, the industry is down 9.9% over the past year. Looking forward, earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the South Korean Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 20 Nov 2024 | ₩11.3t | ₩7.1t | ₩101.1b | 14.1x | 111.5x | 1.6x |
| Fri, 18 Oct 2024 | ₩10.2t | ₩7.0t | ₩97.3b | 14.2x | 105x | 1.5x |
| Sun, 15 Sep 2024 | ₩10.5t | ₩7.0t | ₩98.1b | 14x | 107.2x | 1.5x |
| Tue, 13 Aug 2024 | ₩10.4t | ₩6.7t | ₩72.5b | 14.9x | 142.9x | 1.6x |
| Thu, 11 Jul 2024 | ₩11.9t | ₩6.7t | ₩72.6b | 15.3x | 163.5x | 1.8x |
| Sat, 08 Jun 2024 | ₩12.5t | ₩6.8t | ₩39.0b | 16.9x | 319.2x | 1.8x |
| Mon, 06 May 2024 | ₩12.8t | ₩6.6t | ₩75.6b | 16.1x | 169.9x | 1.9x |
| Wed, 03 Apr 2024 | ₩12.7t | ₩6.6t | ₩64.6b | 17x | 196.6x | 1.9x |
| Fri, 01 Mar 2024 | ₩12.9t | ₩6.3t | ₩29.3b | 20.4x | 440.8x | 2x |
| Sun, 28 Jan 2024 | ₩14.6t | ₩6.3t | ₩29.6b | 22.6x | 494.7x | 2.3x |
| Tue, 26 Dec 2023 | ₩12.8t | ₩6.4t | ₩40.2b | 19.1x | 317.5x | 2x |
| Thu, 23 Nov 2023 | ₩12.8t | ₩6.2t | ₩56.3b | 17.9x | 226.8x | 2.1x |
| Sat, 21 Oct 2023 | ₩11.9t | ₩6.1t | ₩34.3b | 17x | 345.9x | 1.9x |
| Mon, 18 Sep 2023 | ₩14.0t | ₩6.1t | ₩26.1b | 19.7x | 537.1x | 2.3x |
| Wed, 16 Aug 2023 | ₩13.6t | ₩5.9t | ₩80.5b | 18.9x | 169.4x | 2.3x |
| Fri, 14 Jul 2023 | ₩13.1t | ₩5.9t | ₩91.8b | 17.4x | 142.3x | 2.2x |
| Sun, 11 Jun 2023 | ₩14.1t | ₩5.9t | ₩97.0b | 18.9x | 145x | 2.4x |
| Tue, 09 May 2023 | ₩13.2t | ₩5.7t | ₩69.3b | 21.6x | 191.1x | 2.3x |
| Thu, 06 Apr 2023 | ₩13.7t | ₩5.7t | ₩69.3b | 20.9x | 198.2x | 2.4x |
| Sat, 04 Mar 2023 | ₩14.5t | ₩5.9t | ₩204.3b | 20.1x | 70.7x | 2.4x |
| Mon, 30 Jan 2023 | ₩12.5t | ₩5.9t | ₩204.3b | 16.9x | 61x | 2.1x |
| Wed, 28 Dec 2022 | ₩10.1t | ₩6.0t | ₩199.5b | 14.6x | 50.7x | 1.7x |
| Fri, 25 Nov 2022 | ₩10.2t | ₩5.9t | ₩236.0b | 14.1x | 43.1x | 1.7x |
| Sun, 23 Oct 2022 | ₩9.3t | ₩5.8t | ₩253.6b | 13.5x | 36.6x | 1.6x |
| Tue, 20 Sep 2022 | ₩10.8t | ₩5.8t | ₩254.6b | 14.6x | 42.4x | 1.9x |
| Thu, 18 Aug 2022 | ₩11.9t | ₩5.6t | ₩255.3b | 20.4x | 46.7x | 2.1x |
| Sat, 16 Jul 2022 | ₩11.2t | ₩5.6t | ₩256.5b | 18.1x | 43.8x | 2x |
| Mon, 13 Jun 2022 | ₩12.5t | ₩5.7t | ₩258.9b | 19.5x | 48.5x | 2.2x |
| Wed, 11 May 2022 | ₩12.9t | ₩5.5t | ₩300.5b | 20.9x | 42.9x | 2.3x |
| Fri, 08 Apr 2022 | ₩14.8t | ₩5.5t | ₩302.2b | 23.6x | 49.1x | 2.7x |
| Sun, 06 Mar 2022 | ₩13.7t | ₩5.2t | ₩288.2b | 20.7x | 47.4x | 2.6x |
| Tue, 01 Feb 2022 | ₩14.0t | ₩5.2t | ₩285.3b | 21.5x | 49x | 2.7x |
| Thu, 30 Dec 2021 | ₩17.4t | ₩5.2t | ₩285.8b | 24.1x | 60.8x | 3.4x |
| Sat, 27 Nov 2021 | ₩15.6t | ₩5.1t | ₩298.0b | 27.7x | 52.3x | 3.1x |
Price to Earnings Ratio
52.3x
Current Industry PE
- Investors are pessimistic on the South Korean Software 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 111x which is lower than its 3-year average PE of 157x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Software industry have declined 30% per year over the last three years.
- Meanwhile revenues for these companies have grown 12% 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 industry?
| KR Market | -0.72% | |
| Tech | 1.28% | |
| Software | 5.61% | |
| Application Software | 5.92% | |
| Systems Software | 5.24% | |
Industry PE
- Investors are most optimistic about the Systems Software industry even though it's trading below its 3-year average PE ratio of 32.8x.
- Analysts are expecting annual earnings growth of 18.4%, which is higher than its past year's earnings decline of 2.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 47% over the next 5 years.
- However this is lower than its past earnings growth rate of 82% per year.
- In contrast, the Systems Software industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| A012510 Douzone Bizon | ₩66.00k | 6.3% +₩109.3b | 128.0% | PE43.9x | |
| A030520 Hancom | ₩23.10k | 18.3% +₩86.2b | 59.9% | PE28.7x | |
| A058970 EMRO | ₩67.70k | 11.3% +₩81.8b | 9.5% | PS11.9x | |
| A108860 Selvas AI | ₩11.72k | 15.4% +₩42.0b | -36.7% | PS3.8x | |
| A041020 Polaris Office | ₩5.53k | 15.6% +₩37.0b | 11.3% | PE81.9x |
