Bitmax Co., Ltd (KOSDAQ:377030) Might Not Be As Mispriced As It Looks After Plunging 45%
Feb 13
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- 7D-1.9%
- 3M-7.4%
- 1Y-9.4%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 1.9%, driven by a pullback from Nota of 8.0%. In contrast, ALUX has gained 5.1%. The industry has fallen 9.4% in the last year. Earnings are forecast to grow by 49% 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 |
|---|---|---|---|---|---|---|
| Wed, 04 Mar 2026 | ₩7.2t | ₩3.9t | -₩115,873,312,269.00 | 17.9x | -62.2x | 1.8x |
| Fri, 30 Jan 2026 | ₩8.1t | ₩3.9t | -₩115,873,312,269.00 | 16.6x | -69.6x | 2.1x |
| Sun, 28 Dec 2025 | ₩7.6t | ₩3.9t | -₩115,873,312,269.00 | 14.5x | -65.5x | 1.9x |
| Tue, 25 Nov 2025 | ₩6.7t | ₩3.8t | -₩75,527,181,097.00 | 13.8x | -89.3x | 1.8x |
| Thu, 23 Oct 2025 | ₩6.9t | ₩3.8t | -₩75,053,161,277.00 | 15.2x | -91.5x | 1.8x |
| Sat, 20 Sep 2025 | ₩7.2t | ₩3.8t | -₩76,334,047,512.00 | 15.9x | -94.1x | 1.9x |
| Mon, 18 Aug 2025 | ₩7.3t | ₩3.8t | -₩4,589,561,131.00 | 20.4x | -1583.6x | 1.9x |
| Wed, 16 Jul 2025 | ₩8.2t | ₩3.7t | -₩18,048,650,393.00 | 24.6x | -451.7x | 2.2x |
| Fri, 13 Jun 2025 | ₩8.1t | ₩3.6t | -₩24,560,895,973.00 | 21.6x | -328.4x | 2.2x |
| Sun, 11 May 2025 | ₩7.0t | ₩3.6t | -₩19,304,877,446.00 | 23.4x | -360.1x | 1.9x |
| Tue, 08 Apr 2025 | ₩6.0t | ₩3.6t | -₩16,734,792,196.00 | 23.4x | -360.2x | 1.7x |
| Thu, 06 Mar 2025 | ₩6.5t | ₩3.4t | -₩79,080,646,330.00 | 27.3x | -82.2x | 1.9x |
| Sat, 01 Feb 2025 | ₩6.7t | ₩3.4t | -₩79,080,646,330.00 | 28.9x | -84.5x | 2x |
| Mon, 30 Dec 2024 | ₩5.7t | ₩3.3t | -₩85,967,160,970.00 | 20.7x | -66.8x | 1.8x |
| Wed, 27 Nov 2024 | ₩6.1t | ₩3.2t | -₩104,296,197,920.00 | 20.9x | -58.4x | 1.9x |
| Fri, 25 Oct 2024 | ₩5.5t | ₩3.2t | -₩87,034,818,170.00 | 22.4x | -63.2x | 1.7x |
| Sun, 22 Sep 2024 | ₩5.8t | ₩3.2t | -₩87,034,818,170.00 | 23.9x | -66.3x | 1.8x |
| Tue, 20 Aug 2024 | ₩5.8t | ₩3.0t | -₩105,433,455,970.00 | 18.6x | -54.7x | 1.9x |
| Thu, 18 Jul 2024 | ₩6.3t | ₩2.9t | -₩109,644,905,160.00 | 20.8x | -57.7x | 2.2x |
| Sat, 15 Jun 2024 | ₩6.8t | ₩2.9t | -₩114,584,339,000.00 | 23.4x | -59.4x | 2.3x |
| Mon, 13 May 2024 | ₩7.2t | ₩2.8t | -₩72,245,751,010.00 | 21.9x | -99.3x | 2.6x |
| Wed, 10 Apr 2024 | ₩6.9t | ₩2.8t | -₩82,781,187,570.00 | 22.6x | -84x | 2.4x |
| Fri, 08 Mar 2024 | ₩7.4t | ₩2.7t | -₩85,016,855,120.00 | 26.4x | -87.2x | 2.7x |
| Sun, 04 Feb 2024 | ₩7.5t | ₩2.7t | -₩85,016,855,120.00 | 25.2x | -88.5x | 2.8x |
| Tue, 02 Jan 2024 | ₩7.7t | ₩2.8t | -₩79,407,208,500.00 | 21.6x | -97.5x | 2.8x |
| Thu, 30 Nov 2023 | ₩7.9t | ₩2.7t | -₩63,177,468,390.00 | 22.4x | -125.7x | 2.9x |
| Sat, 28 Oct 2023 | ₩7.0t | ₩2.7t | -₩83,069,660,470.00 | 20x | -84.7x | 2.6x |
| Mon, 25 Sep 2023 | ₩8.3t | ₩2.6t | -₩90,462,607,320.00 | 20.8x | -92.1x | 3.2x |
| Wed, 23 Aug 2023 | ₩8.3t | ₩2.6t | -₩40,243,911,270.00 | 19.4x | -206x | 3.2x |
| Fri, 21 Jul 2023 | ₩8.5t | ₩2.6t | -₩34,013,232,280.00 | 21.6x | -248.7x | 3.3x |
| Sun, 18 Jun 2023 | ₩8.2t | ₩2.6t | -₩34,013,232,280.00 | 24.7x | -239.9x | 3.1x |
| Tue, 16 May 2023 | ₩7.8t | ₩2.6t | -₩59,313,636,190.00 | 25.1x | -131.3x | 3x |
| Thu, 13 Apr 2023 | ₩8.4t | ₩2.6t | -₩62,343,580,810.00 | 24.6x | -135.1x | 3.3x |
| Sat, 11 Mar 2023 | ₩8.7t | ₩2.9t | ₩22.8b | 19.2x | 380.9x | 3x |
Price to Earnings Ratio
380.9x
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 2.4x is higher than the industry's current PS ratio of 1.8x.
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 grown 10% 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 Comparison
How does South Korean Application Software compare with similar industries?
| KR Market | 7.30% | |
| Tech | 12.85% | |
| Software | 2.23% | |
| Application Software | -1.93% | |
| Systems Software | 6.45% | |
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 | |
|---|---|---|---|---|---|
| A475580 ALUX | ₩9.97k | 5.1% +₩6.4b | -28.6% | PS2.3x | |
| A377030 Bitmax | ₩1.07k | 14.9% +₩5.8b | -46.4% | PS1.5x | |
| A296640 InnorulesLtd | ₩6.36k | 19.1% +₩5.2b | -1.1% | PE12.9x | |
| A403360 RAPEECHLtd | ₩9.00k | 14.1% +₩3.8b | 7.1% | n/a | |
| A038620 WIZ CORP | ₩637.00 | 6.7% +₩2.9b | -16.9% | PE13.9x |
