KOSE:A000150

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Doosan Corporation operates in the machinery manufacturing, apartment construction, service, and heavy industries in Korea, the United States, Asia, and Europe. More Details


Snowflake Analysis

Mediocre balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Doosan's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: A000150 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.8%

A000150

0.6%

KR Industrials

-0.9%

KR Market


1 Year Return

-41.3%

A000150

-3.5%

KR Industrials

14.9%

KR Market

Return vs Industry: A000150 underperformed the KR Industrials industry which returned -2.5% over the past year.

Return vs Market: A000150 underperformed the KR Market which returned 16.1% over the past year.


Shareholder returns

A000150IndustryMarket
7 Day1.8%0.6%-0.9%
30 Day0.4%-0.7%0.3%
90 Day10.2%-2.4%6.5%
1 Year-40.2%-41.3%-1.3%-3.5%17.3%14.9%
3 Year-57.3%-70.0%-33.9%-42.9%5.7%-1.9%
5 Year-38.0%-60.4%-31.1%-41.7%24.5%10.0%

Price Volatility Vs. Market

How volatile is Doosan's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

22.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: A000150 (₩47200) is trading below our estimate of fair value (₩61203.71)

Significantly Below Fair Value: A000150 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A000150 is unprofitable, so we can't compare its PE Ratio to the KR Industrials industry average.

PE vs Market: A000150 is unprofitable, so we can't compare its PE Ratio to the KR market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate A000150's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: A000150's PB Ratio (0.6x) is in line with the KR Industrials industry average.


Next Steps

Future Growth

How is Doosan forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

95.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A000150 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.9%).

Earnings vs Market: A000150 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: A000150's is expected to become profitable in the next 3 years.

Revenue vs Market: A000150's revenue (4% per year) is forecast to grow slower than the KR market (9.9% per year).

High Growth Revenue: A000150's revenue (4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A000150's Return on Equity is forecast to be low in 3 years time (6.6%).


Next Steps

Past Performance

How has Doosan performed over the past 5 years?

9.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A000150 is currently unprofitable.

Growing Profit Margin: A000150 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: A000150 is unprofitable, but has reduced losses over the past 5 years at a rate of 9.9% per year.

Accelerating Growth: Unable to compare A000150's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: A000150 is unprofitable, making it difficult to compare its past year earnings growth to the Industrials industry (-24.2%).


Return on Equity

High ROE: A000150 has a negative Return on Equity (-14.38%), as it is currently unprofitable.


Next Steps

Financial Health

How is Doosan's financial position?


Financial Position Analysis

Short Term Liabilities: A000150's short term assets (₩11,768.0B) do not cover its short term liabilities (₩16,797.0B).

Long Term Liabilities: A000150's short term assets (₩11,768.0B) exceed its long term liabilities (₩6,918.8B).


Debt to Equity History and Analysis

Debt Level: A000150's debt to equity ratio (208.5%) is considered high.

Reducing Debt: A000150's debt to equity ratio has increased from 158.3% to 208.5% 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: Whilst unprofitable A000150 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: A000150 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.3% per year.


Next Steps

Dividend

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

11.02%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: A000150's dividend (11.02%) is higher than the bottom 25% of dividend payers in the KR market (0.85%).

High Dividend: A000150's dividend (11.02%) is in the top 25% of dividend payers in the KR market (2.72%)


Stability and Growth of Payments

Stable Dividend: A000150's dividend payments have been volatile in the past 10 years.

Growing Dividend: A000150's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: A000150 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: A000150's dividends in 3 years are not forecast to be well covered by earnings (90% payout ratio).


Next Steps

Management

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

6.6yrs

Average management tenure


CEO

Jeongwon Park (58 yo)

4.5yrs

Tenure

Mr. Jeongwon Park has been the Owner of Doosan Bears, Inc., since 2009. Mr. Park has been Chief Executive Officer of Doosan Corporation since April 2, 2016 and serves as its Chairman since 2012. Mr. Park j ...


Leadership Team

NamePositionTenureCompensationOwnership
Jeongwon Park
Chairman & CEO4.5yrsno data7.34%
₩ 57.0b
Hyun-Soo Dong
Vice Chairman & President of Business Division2.75yrsno data0.0064%
₩ 49.7m
Min Kim
Executive President 2.42yrsno datano data
Yong-Maan Park
Chairperson of Managementno datano datano data
Sung-Jin Choi
Head of Information & Communications Business Unit and Senior Managing Directorno datano datano data
Sung-Ki Lim
President of Legal Affairsno datano datano data
Sung-Woo Choi
President of HRno datano datano data
Geewon Park
Vice Chairman8.75yrsno datano data
Bang-Sin Kim
Head of Mottrol Business Group and Vice Presidentno datano datano data
Nak-Yang Sung
Head of Glonet Business Group and Vice Presidentno datano datano data
Reginald Bull
Executive Vice President of Global HR Teamno datano datano data
Eui-Jung Kim
Senior Managing Directorno datano datano data

6.6yrs

Average Tenure

61yo

Average Age

Experienced Management: A000150's management team is seasoned and experienced (6.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeongwon Park
Chairman & CEO4.5yrsno data7.34%
₩ 57.0b
Hyun-Soo Dong
Vice Chairman & President of Business Division2.75yrsno data0.0064%
₩ 49.7m
Min Kim
Executive President 2.42yrsno datano data
Gwang-Su Song
Outside Director4.58yrsno datano data
Chang-Hwan Kim
Outside Director4.58yrsno datano data
Hyoung-Joo Kim
Part-Time Director3.58yrsno datano data
Bokhyeon Baik
Independent Outside Director1.58yrsno datano data
Hyung-Ju Kim
Outside Director3.58yrsno datano data
Doo-hee Lee
Independent Outside Director2.75yrsno datano data
Sung-gwan Chun
Independent Outside Director1.58yrsno datano data

2.8yrs

Average Tenure

59yo

Average Age

Experienced Board: A000150's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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.


Top Shareholders

Company Information

Doosan Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Doosan Corporation
  • Ticker: A000150
  • Exchange: KOSE
  • Founded: 1896
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: ₩776.088b
  • Shares outstanding: 16.96m
  • Website: https://www.doosan.com

Location

  • Doosan Corporation
  • Doosan Tower 275
  • Jangchungdan-ro
  • Seoul
  • South Korea

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A000150KOSE (Korea Stock Exchange)YesCommon StockKRKRWJan 1992
A000155KOSE (Korea Stock Exchange)Older Preferred SharesKRKRWAug 1993
A000157KOSE (Korea Stock Exchange)2ND PREF SHS KRW5000KRKRWFeb 2003

Biography

Doosan Corporation operates in the machinery manufacturing, apartment construction, service, and heavy industries in Korea, the United States, Asia, and Europe. The company manufactures and sells copper cl ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 15:46
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.