Doosan Future Growth

Future criteria checks 4/6

Doosan is forecast to grow earnings and revenue by 75.7% and 4.3% per annum respectively. EPS is expected to grow by 80.8% per annum. Return on equity is forecast to be 21.8% in 3 years.

Key information

75.7%

Earnings growth rate

80.8%

EPS growth rate

Industrials earnings growth	37.1%
Revenue growth rate	4.3%
Future return on equity	21.8%
Analyst coverage	Low
Last updated	19 Dec 2024

Recent future growth updates

Recent updates

Subdued Growth No Barrier To Doosan Corporation (KRX:000150) With Shares Advancing 28%

Oct 11

Some Confidence Is Lacking In Doosan Corporation (KRX:000150) As Shares Slide 34%

Aug 03

Revenues Not Telling The Story For Doosan Corporation (KRX:000150) After Shares Rise 33%

May 22

An Intrinsic Calculation For Doosan Corporation (KRX:000150) Suggests It's 48% Undervalued

Apr 30

Is Doosan Corporation (KRX:000150) An Attractive Dividend Stock?

May 09

Doosan Corporation's (KRX:000150) Shift From Loss To Profit

Apr 13

What Type Of Shareholders Own The Most Number of Doosan Corporation (KRX:000150) Shares?

Mar 09

Is Doosan (KRX:000150) Using Too Much Debt?

Feb 02

How Much Did Doosan's(KRX:000150) Shareholders Earn From Share Price Movements Over The Last Three Years?

Jan 07

Earnings and Revenue Growth Forecasts

KOSE:A000150 - Analysts future estimates and past financials data (KRW Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	19,649,854	241,660	1,043,829	1,870,500	4
12/31/2025	18,416,067	208,238	1,106,461	1,748,500	4
12/31/2024	17,378,374	153,851	453,581	1,019,000	4
9/30/2024	18,204,971	-195,586	-1,260,643	-392,639	N/A
6/30/2024	18,865,226	-148,366	-262,157	668,584	N/A
3/31/2024	19,241,344	-235,798	1,324,144	2,128,259	N/A
12/31/2023	19,130,130	-276,663	1,093,305	1,908,708	N/A
9/30/2023	18,762,476	-672,196	387,853	1,374,299	N/A
6/30/2023	18,611,963	-764,982	720,726	1,697,497	N/A
3/31/2023	18,003,448	-602,941	14,075	1,018,523	N/A
12/31/2022	16,995,760	-579,392	-404,105	533,183	N/A
9/30/2022	15,806,976	53,249	341,135	1,145,516	N/A
6/30/2022	14,680,862	15,392	-363,883	341,381	N/A
3/31/2022	13,317,570	-101,363	-614,587	5,832	N/A
12/31/2021	12,851,486	-99,393	110,282	722,430	N/A
9/30/2021	10,774,211	-158,362	34,322	656,133	N/A
6/30/2021	10,807,357	-57,388	-4,616	659,923	N/A
3/31/2021	10,905,703	-207,263	-114,335	632,823	N/A
12/31/2020	11,428,549	-439,051	-705,470	126,536	N/A
9/30/2020	14,329,137	-612,222	112,456	1,058,048	N/A
6/30/2020	15,273,229	-588,429	55,563	1,012,245	N/A
3/31/2020	16,869,470	-367,075	325,570	1,357,131	N/A
12/31/2019	17,952,321	-131,089	-224,410	784,166	N/A
9/30/2019	17,778,383	-116,004	-375,430	497,723	N/A
6/30/2019	17,715,484	-80,939	323,389	1,194,122	N/A
3/31/2019	17,607,288	-59,833	109,256	892,577	N/A
12/31/2018	17,431,836	-32,047	303,181	1,021,891	N/A
9/30/2018	17,583,632	132,423	253,960	999,695	N/A
6/30/2018	17,482,730	156,929	N/A	294,054	N/A
3/31/2018	17,296,645	106,342	N/A	117,838	N/A
12/31/2017	17,580,496	27,428	N/A	677,022	N/A
9/30/2017	17,160,007	-85,842	N/A	227,471	N/A
6/30/2017	16,747,486	-141,876	N/A	105,545	N/A
3/31/2017	16,626,110	-249,149	N/A	799,905	N/A
12/31/2016	16,470,291	-54,538	N/A	924,981	N/A
9/30/2016	16,027,732	-286,026	N/A	948,055	N/A
6/30/2016	16,404,428	-365,161	N/A	1,142,828	N/A
3/31/2016	16,443,095	-294,097	N/A	1,211,912	N/A
12/31/2015	16,902,387	-502,125	N/A	-17,770	N/A
9/30/2015	18,129,709	-214,203	N/A	522,310	N/A
6/30/2015	18,942,464	-110,774	N/A	457,604	N/A
3/31/2015	19,819,116	-91,539	N/A	-111,304	N/A
12/31/2014	20,312,360	-25,433	N/A	646,790	N/A
9/30/2014	20,120,048	20,555	N/A	789,895	N/A
6/30/2014	20,428,174	8,437	N/A	539,324	N/A
3/31/2014	21,082,648	52,931	N/A	595,985	N/A
12/31/2013	21,616,061	84,181	N/A	383,362	N/A

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 (2.7%).

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 is expected to become profitable in the next 3 years.

Revenue vs Market: A000150's revenue (4.3% per year) is forecast to grow slower than the KR market (8.9% per year).

High Growth Revenue: A000150's revenue (4.3% 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 high in 3 years time (21.8%)

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 06:39
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Doosan Corporation is covered by 27 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Hyung Mo Yang	Cape Investment & Securities Co., Ltd.
Josh Yang	Citigroup Inc
Steve Chung	CLSA

Doosan Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 8.0% to ₩247,600

Price target decreased by 11% to ₩229,250

Price target increased by 12% to ₩192,500

Price target decreased by 10% to ₩119,800

Price target decreased by 9.5% to ₩133,400

Price target increased by 13% to ₩147,400

Recent updates

Price target increased by 8.0% to ₩247,600

Doosan Corporation to Report Nine Months, 2024 Results on Oct 31, 2024

Subdued Growth No Barrier To Doosan Corporation (KRX:000150) With Shares Advancing 28%

New major risk - Share price stability

Some Confidence Is Lacking In Doosan Corporation (KRX:000150) As Shares Slide 34%

Price target decreased by 11% to ₩229,250

Doosan Corporation to Report First Half, 2024 Results on Jul 26, 2024

Price target increased by 12% to ₩192,500

Revenues Not Telling The Story For Doosan Corporation (KRX:000150) After Shares Rise 33%

An Intrinsic Calculation For Doosan Corporation (KRX:000150) Suggests It's 48% Undervalued

Doosan Corporation to Report Q1, 2024 Final Results on May 02, 2024

Price target decreased by 10% to ₩119,800

Doosan Corporation to Report Nine Months, 2023 Results on Nov 02, 2023

Price target decreased by 9.5% to ₩133,400

Price target increased by 13% to ₩147,400

Price target increased by 7.9% to ₩130,500

Doosan Corporation to Report First Half, 2023 Results on Jul 28, 2023

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improves as stock rises 17%

Price target decreased by 8.1% to ₩121,000

Upcoming dividend of ₩2,000 per share

Consensus forecasts updated

Price target decreased to ₩147,800

Less than half of directors are independent

Forecast breakeven date pushed back to 2022

Upcoming dividend of ₩2,000 per share

Third quarter 2021 earnings released: ₩8,234 loss per share (vs ₩2,837 loss in 3Q 2020)

First quarter 2021 earnings released: EPS ₩3,026 (vs ₩11,246 loss in 1Q 2020)

Is Doosan Corporation (KRX:000150) An Attractive Dividend Stock?

Doosan Corporation's (KRX:000150) Shift From Loss To Profit

Price target increased to ₩51,333

What Type Of Shareholders Own The Most Number of Doosan Corporation (KRX:000150) Shares?

Doosan Corporation, Annual General Meeting, Mar 30, 2021

New 90-day low: ₩49,950

Doosan Corporation to Report Fiscal Year 2020 Results on Feb 09, 2021

Is Doosan (KRX:000150) Using Too Much Debt?

Doosan Corporation(KOSE:A000150) dropped from FTSE All-World Index (USD)

Analysts update estimates

New 90-day high: ₩56,500

How Much Did Doosan's(KRX:000150) Shareholders Earn From Share Price Movements Over The Last Three Years?

Price target raised to ₩48,400

New 90-day high: ₩56,300

Third quarter 2020 earnings released: ₩1,397 loss per share

GS E and C, Hyundai Eyeing to Acquire Major Stake Doosan Infracore

Ceres Power and Doosan Expand Strategic Collaboration with Mass Manufacturing in South Korea

Shinhan Financial Group Co., Ltd. (KOSE:A055550) completed the acquisition of 96.77% stake in Neoplux Co., Ltd. from Doosan Corporation (KOSE:A000150) for KRW 71.1 billion.

Skylake Equity Partners Limited signed a stock purchase agreement to acquire a 52.9% stake in Doosan Solus Co., Ltd. (KOSE:A336370) from Doosan Corporation (KOSE:A000150) and eight other shareholders for approximately KRW 700 billion.

Socius Advisors and Well to Sea Investment Co., Ltd. agreed to acquire Doosan Corporation Mottrol from Doosan Corporation (KOSE:A000150) for approximately KRW 450 billion.