Celltrion's (KRX:068270) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 22
Have your own idea? Try our Stock Screener
South Korean (KOSPI) Market Analysis & Valuation
UpdatedNov 28, 2024
DataAggregated Company Financials
Companies2649
- 7D0.9%
- 3M-6.8%
- 1Y-3.4%
- YTD-9.5%
The Communication Services sector gained 5.4% while the market remained flat over the last week. Unfortunately though, the market is down 3.4% over the past year. Looking forward, earnings are forecast to grow by 29% annually.
Market Valuation and Performance
Has the South Korean Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 28 Nov 2024 | ₩2310.7t | ₩3616.8t | ₩152.2t | 11.2x | 15.2x | 0.6x |
| Sat, 26 Oct 2024 | ₩2380.8t | ₩3582.8t | ₩141.5t | 11x | 16.8x | 0.7x |
| Mon, 23 Sep 2024 | ₩2400.7t | ₩3581.3t | ₩141.2t | 11.3x | 17x | 0.7x |
| Wed, 21 Aug 2024 | ₩2501.7t | ₩3550.2t | ₩140.2t | 12.1x | 17.8x | 0.7x |
| Fri, 19 Jul 2024 | ₩2618.8t | ₩3531.0t | ₩120.0t | 12.5x | 21.8x | 0.7x |
| Sun, 16 Jun 2024 | ₩2577.3t | ₩3535.0t | ₩118.9t | 13x | 21.7x | 0.7x |
| Tue, 14 May 2024 | ₩2541.6t | ₩3515.3t | ₩114.8t | 13.3x | 22.1x | 0.7x |
| Thu, 11 Apr 2024 | ₩2525.1t | ₩3514.6t | ₩105.7t | 12.9x | 23.9x | 0.7x |
| Sat, 09 Mar 2024 | ₩2498.4t | ₩3552.1t | ₩100.0t | 14.2x | 25x | 0.7x |
| Mon, 05 Feb 2024 | ₩2428.6t | ₩3633.5t | ₩89.8t | 14.2x | 27.1x | 0.7x |
| Wed, 03 Jan 2024 | ₩2495.6t | ₩3644.4t | ₩106.3t | 14.9x | 23.5x | 0.7x |
| Fri, 01 Dec 2023 | ₩2360.8t | ₩3642.3t | ₩110.2t | 14.1x | 21.4x | 0.6x |
| Sun, 29 Oct 2023 | ₩2128.9t | ₩3647.9t | ₩106.8t | 12.5x | 19.9x | 0.6x |
| Tue, 26 Sep 2023 | ₩2310.4t | ₩3651.5t | ₩106.7t | 13.2x | 21.7x | 0.6x |
| Thu, 24 Aug 2023 | ₩2337.1t | ₩3695.3t | ₩112.6t | 13.3x | 20.8x | 0.6x |
| Sat, 22 Jul 2023 | ₩2443.1t | ₩3669.8t | ₩133.5t | 14.2x | 18.3x | 0.7x |
| Mon, 19 Jun 2023 | ₩2430.9t | ₩3670.2t | ₩133.9t | 14.6x | 18.2x | 0.7x |
| Wed, 17 May 2023 | ₩2273.3t | ₩3612.9t | ₩146.7t | 13.6x | 15.5x | 0.6x |
| Fri, 14 Apr 2023 | ₩2367.2t | ₩3648.1t | ₩157.7t | 14.1x | 15x | 0.6x |
| Sun, 12 Mar 2023 | ₩2188.5t | ₩3552.2t | ₩177.6t | 11.9x | 12.3x | 0.6x |
| Tue, 07 Feb 2023 | ₩2210.1t | ₩3514.5t | ₩183.5t | 11.9x | 12x | 0.6x |
| Thu, 05 Jan 2023 | ₩2032.8t | ₩3521.7t | ₩168.7t | 10.9x | 12.1x | 0.6x |
| Sat, 03 Dec 2022 | ₩2185.0t | ₩3516.0t | ₩172.7t | 11.5x | 12.6x | 0.6x |
| Mon, 31 Oct 2022 | ₩2030.3t | ₩3338.2t | ₩184.5t | 11.1x | 11x | 0.6x |
| Wed, 28 Sep 2022 | ₩1993.3t | ₩3333.7t | ₩186.9t | 11.2x | 10.7x | 0.6x |
| Fri, 26 Aug 2022 | ₩2234.0t | ₩3279.4t | ₩192.0t | 13x | 11.6x | 0.7x |
| Sun, 24 Jul 2022 | ₩2161.9t | ₩3164.1t | ₩187.6t | 12.8x | 11.5x | 0.7x |
| Tue, 21 Jun 2022 | ₩2147.5t | ₩3165.1t | ₩187.5t | 12.2x | 11.5x | 0.7x |
| Thu, 19 May 2022 | ₩2376.4t | ₩3044.5t | ₩184.4t | 14.4x | 12.9x | 0.8x |
| Sat, 16 Apr 2022 | ₩2438.6t | ₩3030.7t | ₩184.2t | 14.5x | 13.2x | 0.8x |
| Mon, 14 Mar 2022 | ₩2399.3t | ₩2912.5t | ₩166.4t | 15.4x | 14.4x | 0.8x |
| Wed, 09 Feb 2022 | ₩2448.6t | ₩2819.3t | ₩162.4t | 15.1x | 15.1x | 0.9x |
| Fri, 07 Jan 2022 | ₩2534.8t | ₩2851.1t | ₩155.8t | 43.9x | 16.3x | 0.9x |
| Sun, 05 Dec 2021 | ₩2538.3t | ₩2859.4t | ₩162.2t | 15.2x | 15.7x | 0.9x |
Price to Earnings Ratio
15.7x
Current Market PE
- Investors are pessimistic on the South Korean market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 15.2x which is lower than its 3-year average PE of 16.9x.
Past Earnings Growth
- The earnings for South Korean listed companies have declined 2.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.1% 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.
Sector Trends
Which sectors have driven the changes within the South Korean Market?
| KR Market | 0.92% | |
| Telecom | 5.37% | |
| Financials | 2.04% | |
| Utilities | 2.01% | |
| Energy | 1.59% | |
| Consumer Staples | 1.39% | |
| Tech | 1.14% | |
| Real Estate | 1.11% | |
| Materials | 0.79% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Industrials | -0.20% | |
| Healthcare | -0.21% | |
| Consumer Discretionary | -0.22% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 217x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 46.4%, which is higher than its past year's earnings growth of 9.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 93% over the next 5 years.
- This is better than its past earnings decline of 47% per year.
- In contrast, the Financials sector is expected to see its earnings grow by 8.8% 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 | Sector | |
|---|---|---|---|---|---|---|
| A207940 Samsung BiologicsLtd | ₩1.00m | 7.3% +₩4.8t | 37.9% | PE67.6x | Healthcare | |
| A010130 Korea Zinc Company | ₩1.14m | 19.4% +₩3.4t | 132.6% | PE33x | Materials | |
| A068270 Celltrion | ₩186.40k | 7.3% +₩2.6t | 14.4% | PE205.4x | Healthcare | |
| A035420 NAVER | ₩204.50k | 7.8% +₩2.2t | -1.7% | PE18.6x | Telecom | |
| A035720 Kakao | ₩38.20k | 8.7% +₩1.3t | -24.4% | PS2.1x | Telecom |
