mPLUS (KOSDAQ:A259630) - Share price, News & Analysis

A259630 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

A259630 Stock Overview

mPLUS Corp. manufactures and sells secondary battery manufacturing equipment in South Korea.

Risk Analysis

Revenue has declined by 51.8% over the past year

Debt is not well covered by operating cash flow

Shareholders have been diluted in the past year

mPLUS Competitors

Price History & Performance

Summary of all time highs, changes and price drops for mPLUS
Historical stock prices
Current Share Price	₩17,400.00
52 Week High	₩29,300.00
52 Week Low	₩11,850.00
Beta	1.18
1 Month Change	-8.90%
3 Month Change	-19.26%
1 Year Change	22.11%
3 Year Change	92.27%
5 Year Change	n/a
Change since IPO	48.72%

Recent News & Updates

Apr 20

Here's Why I Think mPLUS (KOSDAQ:259630) Is An Interesting Stock

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

	A259630	KR Electrical	KR Market
7D	3.6%	5.5%	1.2%
1Y	22.1%	29.6%	-14.3%

Return vs Industry: A259630 underperformed the KR Electrical industry which returned 29.6% over the past year.

Return vs Market: A259630 exceeded the KR Market which returned -14.3% over the past year.

Price Volatility

Is A259630's price volatile compared to industry and market?
A259630 volatility
A259630 Average Weekly Movement	6.5%
Electrical Industry Average Movement	6.2%
Market Average Movement	5.4%
10% most volatile stocks in KR Market	10.2%
10% least volatile stocks in KR Market	3.1%

Stable Share Price: A259630 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: A259630's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2003	256	Jongsung Kim	https://www.mplusi.co.kr

mPLUS Corp. manufactures and sells secondary battery manufacturing equipment in South Korea. The company offers notching, stacking, tab welding, packaging, and degassing equipment, as well as swaging and E/L filling equipment. It also provides fuel cell battery manufacturing equipment.

mPLUS Fundamentals Summary

How do mPLUS's earnings and revenue compare to its market cap?
A259630 fundamental statistics
Market Cap	₩211.47b
Earnings (TTM)	-₩8.07b
Revenue (TTM)	₩76.48b

2.8x

P/S Ratio

-26.2x

P/E Ratio

Is A259630 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
A259630 income statement (TTM)
Revenue	₩76.48b
Cost of Revenue	₩75.84b
Gross Profit	₩637.84m
Other Expenses	₩8.71b
Earnings	-₩8.07b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-664.19
Gross Margin	0.83%
Net Profit Margin	-10.55%
Debt/Equity Ratio	81.2%

How did A259630 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

-14%

Payout Ratio

Valuation

Is mPLUS undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

4.08x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: A259630 (₩17400) is trading above our estimate of fair value (₩1525.55)

Significantly Below Fair Value: A259630 is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: A259630 is unprofitable, so we can't compare its Price-To-Earnings Ratio to the KR Electrical industry average.

PE vs Market: A259630 is unprofitable, so we can't compare its Price-To-Earnings Ratio to the KR market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate A259630's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: A259630 is overvalued based on its Price-To-Book Ratio (4.1x) compared to the KR Electrical industry average (1.8x).

Future Growth

How is mPLUS 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

32.7%

Forecasted Capital Goods 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 mPLUS 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.

Past Performance

How has mPLUS 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

-238.0%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: A259630 is currently unprofitable.

Growing Profit Margin: A259630 is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if A259630's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare A259630's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: A259630 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (68.3%).

Return on Equity

High ROE: A259630 has a negative Return on Equity (-15.56%), as it is currently unprofitable.

Financial Health

How is mPLUS's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: A259630's short term assets (₩136.7B) exceed its short term liabilities (₩106.5B).

Long Term Liabilities: A259630's short term assets (₩136.7B) exceed its long term liabilities (₩19.9B).

Debt to Equity History and Analysis

Debt Level: A259630's net debt to equity ratio (71.7%) is considered high.

Reducing Debt: Insufficient data to determine if A259630's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: A259630's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if A259630's interest payments on its debt are well covered by EBIT.

Balance Sheet

Dividend

What is mPLUS current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.57%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A259630's dividend (0.57%) isn’t notable compared to the bottom 25% of dividend payers in the KR market (0.84%).

High Dividend: A259630's dividend (0.57%) is low compared to the top 25% of dividend payers in the KR market (2.75%).

Stability and Growth of Payments

Stable Dividend: Too early to tell whether A259630's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if A259630's dividend payments are increasing as they only just started paying a dividend.

Earnings Payout to Shareholders

Earnings Coverage: A259630 is paying a dividend but the company is unprofitable.

Cash Payout to Shareholders

Cash Flow Coverage: A259630 is paying a dividend but the company has no free cash flows.

Discover strong dividend paying companies

Management

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

CEO

Jongsung Kim (56 yo)

no data

Tenure

Mr. Jong Sung Kim serves as the Chief Executive Officer & Director of mPLUS Corp.

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 been diluted in the past year, with total shares outstanding growing by 7.1%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/24 00:00
End of Day Share Price	2022/05/24 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31