Sangsin Brake Co., Ltd. engages in the manufacture and sale of brakes and other vehicle friction materials in South Korea and internationally. More Details
Undervalued with questionable track record.
Share Price & News
How has Sangsin Brake's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: A041650 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: A041650's weekly volatility (6%) has been stable over the past year.
7 Day Return
KR Auto Components
1 Year Return
KR Auto Components
Return vs Industry: A041650 exceeded the KR Auto Components industry which returned 66.1% over the past year.
Return vs Market: A041650 exceeded the KR Market which returned 48.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sangsin Brake's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StAre Dividend Investors Making A Mistake With Sangsin Brake Co., Ltd. (KRX:041650)?
2 months ago | Simply Wall StHere's Why Sangsin Brake (KRX:041650) Is Weighed Down By Its Debt Load
2 months ago | Simply Wall StWill Sangsin Brake (KRX:041650) Multiply In Value Going Forward?
Is Sangsin Brake undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: A041650 (₩5090) is trading below our estimate of fair value (₩17769.73)
Significantly Below Fair Value: A041650 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: A041650 is good value based on its PE Ratio (14.6x) compared to the KR Auto Components industry average (18.7x).
PE vs Market: A041650 is good value based on its PE Ratio (14.6x) compared to the KR market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate A041650's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: A041650 is good value based on its PB Ratio (0.6x) compared to the KR Auto Components industry average (0.9x).
How is Sangsin Brake forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Sangsin Brake 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.
How has Sangsin Brake performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: A041650 has high quality earnings.
Growing Profit Margin: A041650 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: A041650's earnings have declined by 47.3% per year over the past 5 years.
Accelerating Growth: A041650 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: A041650 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (-4.8%).
Return on Equity
High ROE: A041650's Return on Equity (4%) is considered low.
How is Sangsin Brake's financial position?
Financial Position Analysis
Short Term Liabilities: A041650's short term assets (₩265.6B) exceed its short term liabilities (₩227.8B).
Long Term Liabilities: A041650's short term assets (₩265.6B) exceed its long term liabilities (₩57.2B).
Debt to Equity History and Analysis
Debt Level: A041650's debt to equity ratio (113.2%) is considered high.
Reducing Debt: A041650's debt to equity ratio has increased from 97.8% to 113.2% over the past 5 years.
Debt Coverage: A041650's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: A041650's interest payments on its debt are not well covered by EBIT (1.8x coverage).
What is Sangsin Brake current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: A041650's dividend (0.98%) is higher than the bottom 25% of dividend payers in the KR market (0.67%).
High Dividend: A041650's dividend (0.98%) is low compared to the top 25% of dividend payers in the KR market (2.13%).
Stability and Growth of Payments
Stable Dividend: A041650 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: A041650 has only been paying a dividend for 5 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.4%), A041650's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hyoil Kim (77 yo)
Mr. Hyoil Kim has been the Chief Executive Officer of Sangsin Brake Co., Ltd. since March 2000 and served as its Director. Mr. Kim graduated in Commercial Science from Yeungnam University.
Experienced Management: A041650's management team is seasoned and experienced (14.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sangsin Brake Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Sangsin Brake Co., Ltd.
- Ticker: A041650
- Exchange: KOSE
- Founded: 1953
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₩99.706b
- Shares outstanding: 19.36m
- Website: https://www.sangsin.com
Number of Employees
- Sangsin Brake Co., Ltd.
- 90 Techno Chungangdae-ro
- South Korea
Sangsin Brake Co., Ltd. engages in the manufacture and sale of brakes and other vehicle friction materials in South Korea and internationally. The company offers brake pads, brake linings, brake assemblies...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/11 16:58|
|End of Day Share Price||2021/06/11 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.