Hancom Inc.'s (KOSDAQ:030520) P/E Still Appears To Be Reasonable
Apr 23
South Korean (KOSPI) Application Software Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies59
- 7D-3.8%
- 3M-24.6%
- 1Y-14.8%
- YTDn/a
Over the last 7 days, the Application Software industry has remained flat, although notably Hancom gained 7.6%. As for the longer term, the industry has declined 13% in the last year. Looking forward, earnings are forecast to grow by 94% annually.
Industry Valuation and Performance
Has the South Korean Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | ₩6.7t | ₩2.8t | -₩82,781,187,570.00 | 22.7x | -81.1x | 2.4x |
| Thu, 21 Mar 2024 | ₩7.4t | ₩2.7t | -₩105,346,074,800.00 | 27.3x | -70x | 2.7x |
| Sat, 17 Feb 2024 | ₩7.9t | ₩2.7t | -₩85,016,855,120.00 | 29.1x | -92.8x | 2.9x |
| Mon, 15 Jan 2024 | ₩7.9t | ₩2.8t | -₩79,407,208,500.00 | 24.3x | -99.9x | 2.9x |
| Wed, 13 Dec 2023 | ₩7.8t | ₩2.8t | -₩79,407,208,500.00 | 22.3x | -98x | 2.8x |
| Fri, 10 Nov 2023 | ₩7.5t | ₩2.7t | -₩83,069,660,470.00 | 21x | -90.6x | 2.8x |
| Sun, 08 Oct 2023 | ₩8.1t | ₩2.7t | -₩83,069,660,470.00 | 21.5x | -97.3x | 3x |
| Tue, 05 Sep 2023 | ₩9.0t | ₩2.6t | -₩88,971,020,000.00 | 21.7x | -101.7x | 3.4x |
| Thu, 03 Aug 2023 | ₩8.8t | ₩2.6t | -₩45,389,624,370.00 | 20.9x | -193.3x | 3.4x |
| Sat, 01 Jul 2023 | ₩7.8t | ₩2.6t | -₩34,013,232,280.00 | 22.2x | -230.4x | 3x |
| Mon, 29 May 2023 | ₩8.2t | ₩2.6t | -₩29,228,007,690.00 | 23.7x | -280.9x | 3.2x |
| Wed, 26 Apr 2023 | ₩8.0t | ₩2.6t | -₩62,343,580,810.00 | 24x | -128.8x | 3.1x |
| Fri, 24 Mar 2023 | ₩9.0t | ₩3.1t | ₩19.4b | 23.6x | 462.4x | 2.9x |
| Sun, 19 Feb 2023 | ₩8.2t | ₩2.9t | ₩22.2b | 21.1x | 368.8x | 2.8x |
| Tue, 17 Jan 2023 | ₩6.6t | ₩2.9t | ₩17.4b | 17.7x | 380.7x | 2.3x |
| Thu, 15 Dec 2022 | ₩5.9t | ₩2.9t | ₩20.7b | 15.5x | 285.6x | 2x |
| Sat, 12 Nov 2022 | ₩5.7t | ₩2.9t | ₩74.8b | 16.2x | 76.8x | 2x |
| Mon, 10 Oct 2022 | ₩5.6t | ₩2.9t | ₩64.4b | 14.6x | 87.1x | 1.9x |
| Wed, 07 Sep 2022 | ₩6.5t | ₩2.9t | ₩64.4b | 18x | 101.1x | 2.3x |
| Fri, 05 Aug 2022 | ₩7.1t | ₩2.9t | ₩73.1b | 21.4x | 97x | 2.5x |
| Sun, 03 Jul 2022 | ₩5.9t | ₩2.9t | ₩73.1b | 19x | 80.3x | 2x |
| Tue, 31 May 2022 | ₩7.4t | ₩3.0t | ₩81.4b | 25x | 90.9x | 2.5x |
| Thu, 28 Apr 2022 | ₩7.9t | ₩2.9t | ₩93.2b | 22x | 85.2x | 2.7x |
| Sat, 26 Mar 2022 | ₩8.8t | ₩2.9t | ₩72.3b | 25.5x | 121.9x | 3.1x |
| Mon, 21 Feb 2022 | ₩7.9t | ₩2.8t | ₩77.9b | 22.8x | 101.1x | 2.8x |
| Wed, 19 Jan 2022 | ₩9.1t | ₩2.8t | ₩77.9b | 26.9x | 117.4x | 3.3x |
| Fri, 17 Dec 2021 | ₩10.1t | ₩2.8t | ₩78.7b | 26.6x | 128.1x | 3.6x |
| Sun, 14 Nov 2021 | ₩7.7t | ₩2.7t | ₩86.7b | 38x | 88.6x | 2.8x |
| Tue, 12 Oct 2021 | ₩6.8t | ₩2.6t | ₩89.7b | 31.7x | 76.2x | 2.6x |
| Thu, 09 Sep 2021 | ₩7.7t | ₩2.8t | ₩84.8b | 35.3x | 90.8x | 2.8x |
| Sat, 07 Aug 2021 | ₩8.7t | ₩2.8t | ₩79.0b | 35.5x | 110.7x | 3.1x |
| Fri, 30 Apr 2021 | ₩6.8t | ₩2.7t | ₩83.4b | 38.2x | 81.7x | 2.5x |
Price to Earnings Ratio
81.7x
Current Industry PE
- Investors are pessimistic on the South Korean Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- Total earnings for the Application Software industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does South Korean Application Software compare with similar industries?
| KR Market | -3.28% | |
| Tech | -6.38% | |
| Software | -3.65% | |
| Application Software | -3.78% | |
| Systems Software | -3.49% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| A030520 Hancom | ₩24.80k | 21.6% +₩105.1b | 74.0% | PE39.3x | |
| A058970 EMRO | ₩62.90k | 11.5% +₩72.9b | 26.6% | PS11.2x | |
| A040350 CUROCOM | ₩720.00 | 45.7% +₩32.2b | 35.6% | PS10.5x | |
| A108860 Selvas AI | ₩16.25k | 4.2% +₩17.5b | -15.8% | PS8.3x | |
| A300080 FLITTO | ₩26.30k | 11.4% +₩14.8b | -17.6% | PS8.1x |
