KOSE:A000150

Stock Analysis Report

Executive Summary

Doosan Corporation engages in infrastructure support, and consumer and services businesses in South Korea and internationally.

Snowflake

Fundamentals

Established dividend payer with mediocre balance sheet.


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


Market Performance


7 Day Return

0%

A000150

1.6%

KR Industrials

1.5%

KR Market


1 Year Return

-17.8%

A000150

-13.9%

KR Industrials

-5.1%

KR Market


Shareholder returns

A000150IndustryMarket
7 Day0%1.6%1.5%
30 Day-1.9%3.0%0.4%
90 Day12.3%-3.9%-2.2%
1 Year-13.6%-17.8%-11.9%-13.9%-3.0%-5.1%
3 Year24.7%5.0%-27.2%-37.0%6.3%-2.3%
5 Year25.9%-2.8%-13.4%-25.2%15.6%2.2%

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

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: A000150 (₩106000) is trading below our estimate of fair value (₩528890.93)

Significantly Undervalued: 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 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

Low 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 is overvalued based on its PB Ratio (0.8x) compared to the KR Industrials industry average (0.5x).


Next Steps

Future Growth

How is Doosan forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

19.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A000150 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: A000150 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: A000150 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: A000150's revenue (4% per year) is forecast to grow slower than the KR market (7.7% 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

Information is not available.


Next Steps

Past Performance

How has Doosan performed over the past 5 years?

30.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: A000150 is unprofitable, but has reduced losses over the past 5 years at a rate of 30% 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 (1.4%).


Return on Equity

High ROE: A000150 has a negative Return on Equity (-2.59%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: A000150 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: A000150 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Doosan's financial position?


Financial Position Analysis

Short Term Liabilities: A000150's short term assets (₩12,341.9B) do not cover its short term liabilities (₩14,533.6B)

Long Term Liabilities: A000150's short term assets (12,341.9B) exceeds its long term liabilities (7,846.8B)


Debt to Equity History and Analysis

Debt Level: A000150's debt to equity ratio (165.3%) is considered high

Reducing Debt: A000150's debt to equity ratio has increased from 156.2% to 165.3% over the past 5 years.


Balance Sheet

Information is not available.

Information is not available.


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 13.2% per year.


Next Steps

Dividend

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

4.91%

Current Dividend Yield


Dividend Yield vs Market

company4.9%marketbottom25%1.1%markettop25%3.2%industryaverage2.9%forecastin3Years5.0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: A000150's dividend (4.91%) is higher than the bottom 25% of dividend payers in the KR market (1.15%).

High Dividend: A000150's dividend (4.91%) is in the top 25% of dividend payers in the KR market (3.16%)

Stable Dividend: A000150's dividends per share have been stable 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 forecast to be well covered by earnings (53.5% payout ratio).


Next Steps

Management

What is the CEO of Doosan's salary, the management and board of directors tenure and is there insider trading?

4.1yrs

Average management tenure


CEO

Jeongwon Park (57yo)

3.5yrs

Tenure

0

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 ...


Management Age and Tenure

4.1yrs

Average Tenure

60yo

Average Age

Experienced Management: A000150's management team is considered experienced (4.1 years average tenure).


Board Age and Tenure

1.8yrs

Average Tenure

58yo

Average Age

Experienced Board: A000150's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Insider Trading

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


Ownership Breakdown


Management Team

  • Geewon Park (54yo)

    Vice Chairman

    • Tenure: 7.8yrs
  • Yong-Maan Park (64yo)

    Chairperson of Management

    • Tenure: 0yrs
  • Min Kim (55yo)

    Executive VP

    • Tenure: 1.4yrs
  • Jeongwon Park (57yo)

    Chairman & CEO

    • Tenure: 3.5yrs
  • Sung-Ki Lim (58yo)

    President of Legal Affairs

    • Tenure: 0yrs
  • Nak-Yang Sung

    Head of Glonet Business Group and Vice President

    • Tenure: 0yrs
  • Hyun-Soo Dong (63yo)

    Vice Chairman & President

    • Tenure: 1.8yrs
  • Bang-Sin Kim (60yo)

    Head of Mottrol Business Group and Vice President

    • Tenure: 0yrs
  • Sung-Woo Choi (61yo)

    President of HR

    • Tenure: 0yrs
  • Sung-Jin Choi (62yo)

    Head of Information & Communications Business Unit and Senior Managing Director

    • Tenure: 0yrs

Board Members

  • Gwang-Su Song (69yo)

    Outside Director

    • Tenure: 3.6yrs
  • Min Kim (55yo)

    Executive VP

    • Tenure: 1.4yrs
  • Jeongwon Park (57yo)

    Chairman & CEO

    • Tenure: 3.5yrs
  • Chang-Hwan Kim (58yo)

    Outside Director

    • Tenure: 3.6yrs
  • Hyoung-Joo Kim

    Part-Time Director

    • Tenure: 2.6yrs
  • Bokhyeon Baik (51yo)

    Outside Director

    • Tenure: 0.6yrs
  • Hyun-Soo Dong (63yo)

    Vice Chairman & President

    • Tenure: 1.8yrs
  • Hyung-Ju Kim (59yo)

    Outside Director

    • Tenure: 2.6yrs
  • Doo-hee Lee

    Outside Director

    • Tenure: 1.8yrs
  • Sung-gwan Chun

    Outside Director

    • Tenure: 0.6yrs

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: ₩1.583t
  • Shares outstanding: 14.93m
  • 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)PRF KRW5000KRKRWAug 1993
A000157KOSE (Korea Stock Exchange)2ND PREF SHS KRW5000KRKRWFeb 2003

Biography

Doosan Corporation engages in infrastructure support, and consumer and services businesses in South Korea and internationally. It offers fuel cells; engineering, procurement, and construction services for  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 14:50
End of Day Share Price2019/09/26 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.