Pyung Hwa Holdings (KOSE:A010770) - Share price, News & Analysis

Q: What is the Fair Price of A010770 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

A010770 (₩3650) is trading above our estimate of [[fair value]] (₩555.88)

A010770 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	2/6

A010770 Stock Overview

Pyung Hwa Holdings Co., Ltd. operates in the rubber industry in South Korea.

Risk Analysis

Dividend of 4.11% is not well covered by earnings or forecast to be in the next 3 years

Volatile share price over the past 3 months

Does not have a meaningful market cap (₩53B)

Pyung Hwa Holdings Competitors

Hwaseung CorporationLtd

KOSE:A013520

₩65.7b

DRB Holding

KOSE:A004840

₩88.6b

DRB Industrial

KOSE:A163560

₩98.7b

Dong-A Hwa SungLtd

KOSDAQ:A041930

₩135.2b

Price History & Performance

Summary of all time highs, changes and price drops for Pyung Hwa Holdings
Historical stock prices
Current Share Price	₩3,650.00
52 Week High	₩7,060.00
52 Week Low	₩3,000.00
Beta	1.78
1 Month Change	13.71%
3 Month Change	-0.54%
1 Year Change	-20.65%
3 Year Change	-7.60%
5 Year Change	4.44%
Change since IPO	617.83%

Shareholder Returns

	A010770	KR Auto Components	KR Market
7D	-3.9%	-0.1%	1.7%
1Y	-20.7%	-22.3%	-21.9%

Return vs Industry: A010770 exceeded the KR Auto Components industry which returned -22.3% over the past year.

Return vs Market: A010770 exceeded the KR Market which returned -21.9% over the past year.

Price Volatility

Is A010770's price volatile compared to industry and market?
A010770 volatility
A010770 Average Weekly Movement	10.1%
Auto Components Industry Average Movement	6.4%
Market Average Movement	6.5%
10% most volatile stocks in KR Market	11.0%
10% least volatile stocks in KR Market	4.0%

Stable Share Price: A010770 is more volatile than 75% of KR stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: A010770's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of KR stocks.

About the Company

Founded	Employees	CEO	Website
1950	81	Jong Seok Kim	https://www.phhc.co.kr

Pyung Hwa Holdings Co., Ltd. operates in the rubber industry in South Korea. The company offers anti-vibration systems, such as power train mounts, suspension and chassis products, engine systems, engine + belt systems, and other products; hose systems, including fuel, braking/steering, air, and cooling systems; and defense industry products comprising caterpillars, pads, and road wheels. It also provides sealing systems that include engine, transmission, valve body, chassis, chassis shock absorber, and electronic industry products; and metallic materials that comprise drivetrain parts, steering units, brakes, home appliance parts, and electric/hydrogen vehicle parts, as well as designs and manufactures molds and automated machines for automotive parts products.

Pyung Hwa Holdings Fundamentals Summary

How do Pyung Hwa Holdings's earnings and revenue compare to its market cap?
A010770 fundamental statistics
Market Cap	₩52.60b
Earnings (TTM)	-₩21.08b
Revenue (TTM)	₩639.57b

0.1x

P/S Ratio

-2.4x

P/E Ratio

Is A010770 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
A010770 income statement (TTM)
Revenue	₩639.57b
Cost of Revenue	₩583.59b
Gross Profit	₩55.99b
Other Expenses	₩77.06b
Earnings	-₩21.08b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-1.52k
Gross Margin	8.75%
Net Profit Margin	-3.30%
Debt/Equity Ratio	285.3%

How did A010770 perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

-10%

Payout Ratio

We’ve recently updated our valuation analysis.

Valuation

Is A010770 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A010770?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for A010770. This is calculated by dividing A010770's market cap by their current preferred multiple.
What is A010770's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	₩52.60b

A010770 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.4x
Enterprise Value/EBITDA	10.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does A010770's PS Ratio compare to its peers?

A010770 PS Ratio vs Peers

The above table shows the PS ratio for A010770 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PS	Estimated Growth	Market Cap
Peer Average	0.2x
A013520 Hwaseung CorporationLtd	0.05x	n/a	₩65.7b
A004840 DRB Holding	0.2x	n/a	₩88.6b
A163560 DRB Industrial	0.3x	n/a	₩98.7b
A041930 Dong-A Hwa SungLtd	0.5x	n/a	₩135.2b
A010770 Pyung Hwa Holdings	0.08x	n/a	₩52.6b

Price-To-Sales vs Peers: A010770 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.2x).

Price to Earnings Ratio vs Industry

How does A010770's PE Ratio compare vs other companies in the KR Auto Components Industry?

Price-To-Sales vs Industry: A010770 is good value based on its Price-To-Sales Ratio (0.1x) compared to the KR Auto Components industry average (0.3x)

Price to Sales Ratio vs Fair Ratio

What is A010770's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A010770 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.08x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate A010770's Price-To-Sales Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of A010770 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A010770 (₩3650) is trading above our estimate of fair value (₩555.88)

Significantly Below Fair Value: A010770 is trading above our estimate of fair value.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is Pyung Hwa Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

17.7%

Forecasted Automobiles industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Pyung Hwa Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

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Take a look at our analysis of A010770’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Pyung Hwa Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

1.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A010770 is currently unprofitable.

Growing Profit Margin: A010770 is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: A010770 is unprofitable, but has reduced losses over the past 5 years at a rate of 1.5% per year.

Accelerating Growth: Unable to compare A010770's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: A010770 is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (4.5%).

Return on Equity

High ROE: A010770 has a negative Return on Equity (-22.28%), as it is currently unprofitable.

Discover strong past performing companies

Financial Health

How is Pyung Hwa Holdings's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: A010770's short term assets (₩291.3B) do not cover its short term liabilities (₩377.3B).

Long Term Liabilities: A010770's short term assets (₩291.3B) exceed its long term liabilities (₩71.9B).

Debt to Equity History and Analysis

Debt Level: A010770's net debt to equity ratio (181.4%) is considered high.

Reducing Debt: A010770's debt to equity ratio has increased from 150.6% to 285.3% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: A010770 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: A010770 has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 1.1% each year.

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Dividend

What is Pyung Hwa Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage

4.11%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A010770's dividend (4.11%) is higher than the bottom 25% of dividend payers in the KR market (0.94%).

High Dividend: A010770's dividend (4.11%) is in the top 25% of dividend payers in the KR market (3%)

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, A010770 has been paying a dividend for less than 10 years.

Growing Dividend: A010770's dividend payments have increased, but the company has only paid a dividend for 9 years.

Earnings Payout to Shareholders

Earnings Coverage: A010770 is paying a dividend but the company is unprofitable.

Cash Payout to Shareholders

Cash Flow Coverage: A010770 is paying a dividend but the company has no free cash flows.

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Management

How experienced are the management team and are they aligned to shareholders interests?

CEO

Jong Seok Kim (69 yo)

no data

Tenure

Mr. Kim Jong Seok serves as the Chairman of the Board and Co-Chief Executive Officer at Pyung Hwa Holdings Co. Ltd

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/08/10 00:00
End of Day Share Price	2022/08/10 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31