Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩70,600, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Metals and Mining industry in South Korea. Total returns to shareholders of 117% over the past three years. Price Target Changed • Aug 01
Price target decreased by 8.0% to ₩132,044 Down from ₩143,600, the current price target is an average from 9 analysts. New target price is 85% above last closing price of ₩71,200. Stock is down 47% over the past year. The company is forecast to post earnings per share of ₩10,702 for next year compared to ₩5,388 last year. Buy Or Sell Opportunity • Jun 27
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 31% to ₩63,200. The fair value is estimated to be ₩81,639, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 3.8%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 41% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩74,600, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Metals and Mining industry in South Korea. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩117,030 per share. Reported Earnings • May 21
First quarter 2026 earnings released: EPS: ₩2,856 (vs ₩1,522 in 1Q 2025) First quarter 2026 results: EPS: ₩2,856 (up from ₩1,522 in 1Q 2025). Revenue: ₩1.27t (up 9.9% from 1Q 2025). Net income: ₩78.0b (up 88% from 1Q 2025). Profit margin: 6.1% (up from 3.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Metals and Mining industry in South Korea. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 28
Poongsan Corporation to Report Q1, 2026 Results on Apr 30, 2026 Poongsan Corporation announced that they will report Q1, 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩109,200, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Metals and Mining industry in South Korea. Total returns to shareholders of 217% over the past three years. New Risk • Mar 17
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.9% Last year net profit margin: 5.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.9% net profit margin). Reported Earnings • Mar 17
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ₩5,388 (down from ₩8,642 in FY 2024). Revenue: ₩5.05t (up 11% from FY 2024). Net income: ₩147.2b (down 38% from FY 2024). Profit margin: 2.9% (down from 5.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Metals and Mining industry in South Korea. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩108,900, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Metals and Mining industry in South Korea. Total returns to shareholders of 219% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩106,900, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Metals and Mining industry in South Korea. Total returns to shareholders of 230% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩107,633 per share. Buy Or Sell Opportunity • Jan 30
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to ₩131,200. The fair value is estimated to be ₩108,836, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 7.8%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 56% in the next 2 years. Aankondiging • Jan 30
Poongsan Corporation to Report Fiscal Year 2025 Results on Feb 04, 2026 Poongsan Corporation announced that they will report fiscal year 2025 results on Feb 04, 2026 Buy Or Sell Opportunity • Jan 15
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to ₩131,200. The fair value is estimated to be ₩109,287, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has grown by 7.8%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 56% in the next 2 years. Price Target Changed • Nov 08
Price target decreased by 7.5% to ₩165,167 Down from ₩178,500, the current price target is an average from 12 analysts. New target price is 67% above last closing price of ₩99,000. Stock is up 55% over the past year. The company is forecast to post earnings per share of ₩7,043 for next year compared to ₩8,642 last year. Major Estimate Revision • Nov 04
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩8,079 to ₩7,202 per share. Revenue forecast steady at ₩5.12b. Net income forecast to grow 20% next year vs 48% growth forecast for Metals and Mining industry in South Korea. Consensus price target broadly unchanged at ₩175,750. Share price fell 6.7% to ₩110,700 over the past week. Buy Or Sell Opportunity • Oct 14
Now 25% overvalued Over the last 90 days, the stock has fallen 22% to ₩127,600. The fair value is estimated to be ₩102,133, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 57% in the next 2 years. Buy Or Sell Opportunity • Sep 25
Now 20% overvalued Over the last 90 days, the stock has fallen 5.5% to ₩128,900. The fair value is estimated to be ₩107,289, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 57% in the next 2 years. Price Target Changed • Aug 06
Price target increased by 7.3% to ₩162,000 Up from ₩150,962, the current price target is an average from 13 analysts. New target price is 24% above last closing price of ₩130,700. Stock is up 151% over the past year. The company is forecast to post earnings per share of ₩8,452 for next year compared to ₩8,642 last year. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩134,900, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Metals and Mining industry in South Korea. Total returns to shareholders of 444% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩157,748 per share. Price Target Changed • Jul 15
Price target increased by 10% to ₩126,458 Up from ₩114,458, the current price target is an average from 12 analysts. New target price is 19% below last closing price of ₩155,200. Stock is up 124% over the past year. The company is forecast to post earnings per share of ₩8,640 for next year compared to ₩8,642 last year. Buy Or Sell Opportunity • Jul 15
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 178% to ₩152,200. The fair value is estimated to be ₩118,394, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has grown by 2.8%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 19% in the next 2 years. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩114,400, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Metals and Mining industry in South Korea. Total returns to shareholders of 427% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩122,753 per share. Buy Or Sell Opportunity • Jun 19
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 92% to ₩125,000. The fair value is estimated to be ₩99,089, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has grown by 2.8%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 7.7% in the next 2 years. Price Target Changed • Jun 18
Price target increased by 8.3% to ₩90,333 Up from ₩83,417, the current price target is an average from 12 analysts. New target price is 17% below last closing price of ₩108,400. Stock is up 85% over the past year. The company is forecast to post earnings per share of ₩8,235 for next year compared to ₩8,642 last year. New Risk • Jun 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.9% average weekly change). Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩75,600, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Metals and Mining industry in South Korea. Total returns to shareholders of 193% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩96,987 per share. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Outside Director Ihl Soo Yang was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩52,500, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Metals and Mining industry in South Korea. Total returns to shareholders of 80% over the past three years. Reported Earnings • Mar 19
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₩8,642 (up from ₩5,727 in FY 2023). Revenue: ₩4.55t (up 10% from FY 2023). Net income: ₩236.0b (up 51% from FY 2023). Profit margin: 5.2% (up from 3.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 8.6%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Metals and Mining industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩65,300, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Metals and Mining industry in South Korea. Total returns to shareholders of 121% over the past three years. Aankondiging • Feb 21
Poongsan Corporation, Annual General Meeting, Mar 21, 2025 Poongsan Corporation, Annual General Meeting, Mar 21, 2025, at 09:01 Tokyo Standard Time. Location: auditorium, 23, chungjeong-ro, seodaemun-gu, seoul South Korea Major Estimate Revision • Feb 12
Consensus EPS estimates fall by 23% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩4.98b to ₩4.87b. EPS estimate also fell from ₩9,141 per share to ₩7,030 per share. Net income forecast to shrink 8.0% next year vs 9.3% growth forecast for Metals and Mining industry in South Korea . Consensus price target broadly unchanged at ₩80,083. Share price rose 7.1% to ₩55,900 over the past week. Aankondiging • Feb 07
Poongsan Corporation to Report Fiscal Year 2024 Results on Feb 11, 2025 Poongsan Corporation announced that they will report fiscal year 2024 results on Feb 11, 2025 Buy Or Sell Opportunity • Feb 03
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to ₩51,100. The fair value is estimated to be ₩66,197, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Earnings per share has declined by 8.1%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 3.7% per annum over the same time period. Price Target Changed • Nov 20
Price target increased by 7.0% to ₩85,017 Up from ₩79,455, the current price target is an average from 12 analysts. New target price is 47% above last closing price of ₩57,900. Stock is up 58% over the past year. The company is forecast to post earnings per share of ₩9,480 for next year compared to ₩5,727 last year. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩56,300, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Metals and Mining industry in South Korea. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩48,950, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Metals and Mining industry in South Korea. Total returns to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩83,308 per share. Buy Or Sell Opportunity • Jun 29
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to ₩63,300. The fair value is estimated to be ₩52,663, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 7.5%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 68% in the next 2 years. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩72,700, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Metals and Mining industry in South Korea. Total returns to shareholders of 93% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩73,880 per share. Buy Or Sell Opportunity • May 02
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 81% to ₩72,800. The fair value is estimated to be ₩59,625, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 4.5%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Price Target Changed • Apr 20
Price target increased by 10% to ₩60,909 Up from ₩55,182, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₩60,800. Stock is up 36% over the past year. The company is forecast to post earnings per share of ₩6,828 for next year compared to ₩5,727 last year. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩61,200, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Metals and Mining industry in South Korea. Total returns to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩114,080 per share. Reported Earnings • Mar 20
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: ₩5,727 (down from ₩6,395 in FY 2022). Revenue: ₩4.13t (down 5.7% from FY 2022). Net income: ₩156.4b (down 11% from FY 2022). Profit margin: 3.8% (down from 4.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 1.7%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Metals and Mining industry in South Korea. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Feb 02
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 9.8% to ₩40,300. The fair value is estimated to be ₩33,510, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 9.5% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩1,000 per share at 2.6% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.5%). In line with average of industry peers (2.7%). Buying Opportunity • Aug 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be ₩44,526, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 49%. Revenue is forecast to grow by 2.8% in 2 years. Earnings is forecast to grow by 16% in the next 2 years. Buying Opportunity • Jul 26
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be ₩50,211, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 49%. Revenue is forecast to grow by 5.8% in 2 years. Earnings is forecast to grow by 21% in the next 2 years. Price Target Changed • Apr 29
Price target increased by 9.0% to ₩46,875 Up from ₩43,000, the current price target is an average from 8 analysts. New target price is 11% above last closing price of ₩42,400. Stock is up 33% over the past year. The company is forecast to post earnings per share of ₩7,094 for next year compared to ₩6,395 last year. Reported Earnings • Mar 22
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: ₩6,395 (down from ₩8,686 in FY 2021). Revenue: ₩4.37t (up 25% from FY 2021). Net income: ₩175.1b (down 28% from FY 2021). Profit margin: 4.0% (down from 6.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to stay flat during the next 2 years, in line with the revenue forecast for the Metals and Mining industry in South Korea. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Price Target Changed • Feb 16
Price target increased by 8.4% to ₩39,667 Up from ₩36,600, the current price target is an average from 6 analysts. New target price is 15% above last closing price of ₩34,400. Stock is up 8.0% over the past year. The company is forecast to post earnings per share of ₩5,989 for next year compared to ₩8,686 last year. Upcoming Dividend • Dec 21
Upcoming dividend of ₩1,000 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 07 April 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (4.4%). Price Target Changed • Nov 16
Price target decreased to ₩36,600 Down from ₩45,300, the current price target is an average from 5 analysts. New target price is 21% above last closing price of ₩30,150. Stock is down 4.6% over the past year. The company is forecast to post earnings per share of ₩5,890 for next year compared to ₩8,686 last year. Price Target Changed • Sep 30
Price target decreased to ₩41,857 Down from ₩45,300, the current price target is an average from 7 analysts. New target price is 72% above last closing price of ₩24,300. Stock is down 25% over the past year. The company is forecast to post earnings per share of ₩5,937 for next year compared to ₩8,686 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Ihl Soo Yang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Dec 22
Upcoming dividend of ₩600 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 07 April 2022. Payout ratio is a comfortable 7.6% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.3%). Price Target Changed • Sep 08
Price target increased to ₩49,600 Up from ₩45,889, the current price target is an average from 10 analysts. New target price is 39% above last closing price of ₩35,650. Stock is up 49% over the past year. Major Estimate Revision • Jul 31
Consensus EPS estimates increase to ₩6,436 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₩3.40b to ₩3.49b. EPS estimate increased from ₩5,695 to ₩6,436 per share. Net income forecast to grow 49% next year vs 31% growth forecast for Metals and Mining industry in South Korea. Consensus price target broadly unchanged at ₩46,556. Share price was steady at ₩38,550 over the past week. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 17% share price gain to ₩44,350, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Metals and Mining industry in South Korea. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩17,930 per share. Price Target Changed • May 04
Price target increased to ₩43,000 Up from ₩39,727, the current price target is an average from 10 analysts. New target price is 13% above last closing price of ₩37,950. Stock is up 94% over the past year. Price Target Changed • Mar 20
Price target increased to ₩38,636 Up from ₩35,923, the current price target is an average from 11 analysts. New target price is 21% above last closing price of ₩31,900. Stock is up 99% over the past year. Reported Earnings • Mar 13
Full year 2020 earnings released: EPS ₩2,567 (vs ₩629 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₩2.59t (up 5.8% from FY 2019). Net income: ₩71.9b (up 308% from FY 2019). Profit margin: 2.8% (up from 0.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improved over the past week After last week's 16% share price gain to ₩34,500, the stock is trading at a trailing P/E ratio of 21x, up from the previous P/E ratio of 18.2x. This compares to an average P/E of 19x in the Metals and Mining industry in South Korea. Total return to shareholders over the past three years is a loss of 17%. Is New 90 Day High Low • Feb 17
New 90-day high: ₩34,500 The company is up 32% from its price of ₩26,050 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩17,867 per share.