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Jun 07
South Korean (KOSPI) Software Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies100
- 7D-0.6%
- 3M-3.1%
- 1Y-6.8%
- YTD-1.0%
Over the last 7 days, the Software industry has remained flat, although notably Douzone Bizon gained 3.3%. As for the longer term, the industry has declined 6.8% in the last year. Earnings are forecast to grow by 56% 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 |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | ₩12.4t | ₩6.8t | ₩38.5b | 17x | 321.1x | 1.8x |
| Mon, 13 May 2024 | ₩12.6t | ₩6.6t | ₩80.8b | 16.9x | 156x | 1.9x |
| Wed, 10 Apr 2024 | ₩12.5t | ₩6.6t | ₩64.6b | 16.2x | 192.9x | 1.9x |
| Fri, 08 Mar 2024 | ₩12.7t | ₩6.3t | ₩29.3b | 19.2x | 433.8x | 2x |
| Sun, 04 Feb 2024 | ₩13.2t | ₩6.3t | ₩29.6b | 21.3x | 445.6x | 2.1x |
| Tue, 02 Jan 2024 | ₩12.8t | ₩6.4t | ₩40.2b | 19.4x | 318.5x | 2x |
| Thu, 30 Nov 2023 | ₩12.9t | ₩6.3t | ₩53.0b | 18.1x | 243x | 2x |
| Sat, 28 Oct 2023 | ₩11.6t | ₩6.1t | ₩34.3b | 16.8x | 339.7x | 1.9x |
| Mon, 25 Sep 2023 | ₩13.4t | ₩6.1t | ₩24.9b | 18.7x | 537.8x | 2.2x |
| Wed, 23 Aug 2023 | ₩13.1t | ₩5.9t | ₩89.4b | 17.4x | 146.4x | 2.2x |
| Fri, 21 Jul 2023 | ₩13.4t | ₩5.9t | ₩91.8b | 17.6x | 146.2x | 2.3x |
| Sun, 18 Jun 2023 | ₩13.2t | ₩5.9t | ₩95.8b | 19.2x | 138.1x | 2.2x |
| Tue, 16 May 2023 | ₩13.1t | ₩5.7t | ₩68.6b | 20.6x | 190.9x | 2.3x |
| Thu, 13 Apr 2023 | ₩13.2t | ₩5.7t | ₩69.3b | 20.5x | 190.2x | 2.3x |
| Sat, 11 Mar 2023 | ₩14.1t | ₩5.9t | ₩204.9b | 17.9x | 68.9x | 2.4x |
| Mon, 06 Feb 2023 | ₩13.3t | ₩5.9t | ₩204.3b | 18.5x | 65.2x | 2.2x |
| Wed, 04 Jan 2023 | ₩9.7t | ₩6.0t | ₩199.5b | 13.3x | 48.5x | 1.6x |
| Fri, 02 Dec 2022 | ₩10.3t | ₩5.9t | ₩221.4b | 14.4x | 46.7x | 1.7x |
| Sun, 30 Oct 2022 | ₩9.6t | ₩5.8t | ₩260.6b | 14x | 37x | 1.7x |
| Tue, 27 Sep 2022 | ₩9.8t | ₩5.8t | ₩254.6b | 13.4x | 38.4x | 1.7x |
| Thu, 25 Aug 2022 | ₩11.4t | ₩5.7t | ₩240.8b | 18.1x | 47.3x | 2x |
| Sat, 23 Jul 2022 | ₩12.0t | ₩5.6t | ₩256.5b | 18.9x | 46.8x | 2.1x |
| Mon, 20 Jun 2022 | ₩11.3t | ₩5.7t | ₩259.0b | 18.2x | 43.6x | 2x |
| Wed, 18 May 2022 | ₩12.7t | ₩5.5t | ₩303.3b | 20.4x | 41.9x | 2.3x |
| Fri, 15 Apr 2022 | ₩14.6t | ₩5.5t | ₩302.2b | 22.9x | 48.3x | 2.7x |
| Sun, 13 Mar 2022 | ₩13.9t | ₩5.2t | ₩288.2b | 20.4x | 48.1x | 2.7x |
| Tue, 08 Feb 2022 | ₩14.5t | ₩5.2t | ₩285.3b | 22.6x | 50.9x | 2.8x |
| Thu, 06 Jan 2022 | ₩17.5t | ₩5.2t | ₩285.3b | 26.7x | 61.3x | 3.4x |
| Sat, 04 Dec 2021 | ₩16.9t | ₩5.1t | ₩298.6b | 25x | 56.6x | 3.3x |
| Mon, 01 Nov 2021 | ₩14.2t | ₩5.0t | ₩297.3b | 25.7x | 47.9x | 2.9x |
| Wed, 29 Sep 2021 | ₩14.5t | ₩4.9t | ₩293.0b | 24.4x | 49.6x | 3x |
| Fri, 27 Aug 2021 | ₩14.7t | ₩5.1t | ₩271.4b | 24.9x | 54.4x | 2.9x |
| Sat, 03 Jul 2021 | ₩14.2t | ₩5.1t | ₩271.4b | 29.7x | 52.5x | 2.8x |
Price to Earnings Ratio
52.5x
Current Industry PE
- Investors are optimistic on the South Korean Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 321x which is higher than its 3-year average PE of 145x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Software industry have declined 48% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.8% 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 | 1.07% | |
| Tech | 3.05% | |
| Software | -0.58% | |
| Systems Software | 0.69% | |
| Application Software | -1.60% | |
Industry PE
- Investors are most optimistic about the Systems Software industry, which is trading close to its 3-year average PE ratio of 33.9x.
- Analysts are expecting annual earnings growth of 23.0%, which is higher than its past year's earnings growth of 1.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 88% over the next 5 years.
- This is better than its past earnings growth rate of 29% per year.
- In contrast, the Systems Software industry is expected to see its earnings grow by 23% 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 | 3.3% +₩58.9b | 120.0% | PE50.7x | |
| A450520 Inswave Systems | ₩20.75k | 21.6% +₩18.0b | n/a | PE32.5x | |
| A131370 RSUPPORT | ₩3.88k | 8.4% +₩15.6b | -1.1% | PE28x | |
| A040350 CreoSGLtd | ₩818.00 | 8.8% +₩9.6b | 62.0% | PS14x | |
| A138580 BusinessOn Communication | ₩14.00k | 1.9% +₩5.8b | 13.5% | PE29.1x |
