Shin Heung Energy & Electronics Co.,Ltd.

KOSDAQ:A243840 Stock Report

Market Cap: ₩222.5b

Shin Heung Energy & ElectronicsLtd Valuation

Is A243840 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A243840 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A243840 (₩5720) is trading above our estimate of fair value (₩1461.65)

Significantly Below Fair Value: A243840 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A243840?

Key metric: As A243840 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A243840. This is calculated by dividing A243840's market cap by their current earnings.
What is A243840's PE Ratio?
PE Ratio7.2x
Earnings₩30.91b
Market Cap₩222.51b

Price to Earnings Ratio vs Peers

How does A243840's PE Ratio compare to its peers?

The above table shows the PE ratio for A243840 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.8x
A015860 ILJIN HoldingsLtd
6.5xn/a₩174.1b
A006340 Daewon Cable
23xn/a₩207.6b
A378340 Philenergy
23.4xn/a₩307.8b
A000500 GAON CABLE
18.1xn/a₩365.4b
A243840 Shin Heung Energy & ElectronicsLtd
7.2x23.8%₩222.5b

Price-To-Earnings vs Peers: A243840 is good value based on its Price-To-Earnings Ratio (7.2x) compared to the peer average (17.8x).

Price to Earnings Ratio vs Industry

How does A243840's PE Ratio compare vs other companies in the KR Electrical Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
A079960 Dongyang E&P
2.4xn/aUS$102.39m
A154040 Dasan SoluetaLtd
0.7xn/aUS$14.31m
No more companies available in this PE range
A243840 7.2xIndustry Avg. 16.2xNo. of Companies4PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: A243840 is good value based on its Price-To-Earnings Ratio (7.2x) compared to the KR Electrical industry average (16.2x).

Price to Earnings Ratio vs Fair Ratio

What is A243840's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A243840 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.2x
Fair PE Ratio10.7x

Price-To-Earnings vs Fair Ratio: A243840 is good value based on its Price-To-Earnings Ratio (7.2x) compared to the estimated Fair Price-To-Earnings Ratio (10.7x).

Analyst Price Targets

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

The above table shows the analyst A243840 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₩5,720.00
₩12,000.00
+109.8%
16.7%₩14,000.00₩10,000.00n/a2
Nov ’25₩7,460.00
₩12,000.00
+60.9%
16.7%₩14,000.00₩10,000.00n/a2
Oct ’25₩9,360.00
₩12,000.00
+28.2%
16.7%₩14,000.00₩10,000.00n/a2
Sep ’25₩8,720.00
₩12,000.00
+37.6%
16.7%₩14,000.00₩10,000.00n/a2
Aug ’25₩7,710.00
₩12,500.00
+62.1%
12.0%₩14,000.00₩11,000.00n/a2
Jul ’25₩9,520.00
₩12,500.00
+31.3%
12.0%₩14,000.00₩11,000.00n/a2
Jun ’25₩8,670.00
₩12,500.00
+44.2%
12.0%₩14,000.00₩11,000.00n/a2
May ’25₩10,300.00
₩12,500.00
+21.4%
12.0%₩14,000.00₩11,000.00n/a2
Apr ’25₩12,440.00
₩12,500.00
+0.5%
12.0%₩14,000.00₩11,000.00n/a2
Mar ’25₩9,450.00
₩12,500.00
+32.3%
12.0%₩14,000.00₩11,000.00n/a2
Feb ’25₩8,740.00
₩12,500.00
+43.0%
12.0%₩14,000.00₩11,000.00n/a2
Jan ’25₩9,340.00
₩12,500.00
+33.8%
12.0%₩14,000.00₩11,000.00n/a2
Dec ’24₩8,380.00
₩12,500.00
+49.2%
12.0%₩14,000.00₩11,000.00n/a2
Nov ’24₩7,480.00
₩13,800.00
+84.5%
1.4%₩14,000.00₩13,600.00₩7,460.002
Oct ’24₩8,760.00
₩13,800.00
+57.5%
1.4%₩14,000.00₩13,600.00₩9,360.002
Sep ’24₩9,800.00
₩13,800.00
+40.8%
1.4%₩14,000.00₩13,600.00₩8,720.002
Mar ’24₩9,500.00
₩14,600.00
+53.7%
9.6%₩16,000.00₩13,200.00₩9,450.002
Feb ’24₩9,600.00
₩15,500.00
+61.5%
3.2%₩16,000.00₩15,000.00₩8,740.002
Jan ’24₩8,260.00
₩15,500.00
+87.7%
3.2%₩16,000.00₩15,000.00₩9,340.002
Dec ’23₩10,480.00
₩15,500.00
+47.9%
3.2%₩16,000.00₩15,000.00₩8,380.002
Nov ’23₩10,360.00
₩15,500.00
+49.6%
3.2%₩16,000.00₩15,000.00₩7,480.002

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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