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A002

TYM KOSE:A002900 Stock Report

Last Price

₩2.47k

Market Cap

₩362.7b

7D

-10.5%

1Y

-5.4%

Updated

06 Aug, 2022

Data

Company Financials +
A002900 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance5/6
Financial Health4/6
Dividends1/6

A002900 Stock Overview

Tym Corporation manufactures and sells machineries, cigarette filters, and flatware products.

TYM Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TYM
Historical stock prices
Current Share Price₩2,470.00
52 Week High₩3,815.00
52 Week Low₩1,400.00
Beta1.19
1 Month Change1.23%
3 Month Change-29.53%
1 Year Change-5.36%
3 Year Change90.73%
5 Year Change27.32%
Change since IPO139.81%

Recent News & Updates

Shareholder Returns

A002900KR MachineryKR Market
7D-10.5%3.3%1.9%
1Y-5.4%-17.6%-23.0%

Return vs Industry: A002900 exceeded the KR Machinery industry which returned -17.6% over the past year.

Return vs Market: A002900 exceeded the KR Market which returned -23% over the past year.

Price Volatility

Is A002900's price volatile compared to industry and market?
A002900 volatility
A002900 Average Weekly Movement8.1%
Machinery Industry Average Movement7.0%
Market Average Movement6.5%
10% most volatile stocks in KR Market11.1%
10% least volatile stocks in KR Market3.9%

Stable Share Price: A002900 is more volatile than 75% of KR stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: A002900's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of KR stocks.

About the Company

FoundedEmployeesCEOWebsite
1951529Hi-Yong Kimhttps://www.tym.world/en

Tym Corporation manufactures and sells machineries, cigarette filters, and flatware products. The company’s Machinery division offers agricultural, stock-breeding, farming, construction, and industry machineries. Its products include tractors, combines, and rice trans-planters.

TYM Fundamentals Summary

How do TYM's earnings and revenue compare to its market cap?
A002900 fundamental statistics
Market Cap₩362.71b
Earnings (TTM)₩51.08b
Revenue (TTM)₩926.80b

7.1x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A002900 income statement (TTM)
Revenue₩926.80b
Cost of Revenue₩738.58b
Gross Profit₩188.21b
Other Expenses₩137.13b
Earnings₩51.08b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)347.87
Gross Margin20.31%
Net Profit Margin5.51%
Debt/Equity Ratio86.5%

How did A002900 perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

6%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is A002900 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A002900?

Other financial metrics that can be useful for relative valuation.

A002900 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA7.4x
PEG Ratio0.3x

Price to Earnings Ratio vs Peers

How does A002900's PE Ratio compare to its peers?

A002900 PE Ratio vs Peers
The above table shows the PE ratio for A002900 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.3x
A000490 Daedong
10.2x30.2%₩255.5b
A900280 Cayman Golden Century Wheel Group
6.2xn/a₩70.2b
A009160 SIMPAC
3xn/a₩359.2b
A290670 Daebo MagneticLtd
37.7xn/a₩372.4b
A002900 TYM
7.1x24.5%₩362.7b

Price-To-Earnings vs Peers: A002900 is good value based on its Price-To-Earnings Ratio (7.1x) compared to the peer average (14.3x).


Price to Earnings Ratio vs Industry

How does A002900's PE Ratio compare vs other companies in the KR Machinery Industry?

Price-To-Earnings vs Industry: A002900 is good value based on its Price-To-Earnings Ratio (7.1x) compared to the KR Machinery industry average (18x)


Price to Earnings Ratio vs Fair Ratio

What is A002900'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.

A002900 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.1x
Fair PE Ratio15.3x

Price-To-Earnings vs Fair Ratio: A002900 is good value based on its Price-To-Earnings Ratio (7.1x) compared to the estimated Fair Price-To-Earnings Ratio (15.3x).


Share Price vs Fair Value

What is the Fair Price of A002900 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A002900 (₩2470) is trading below our estimate of fair value (₩7786.48)

Significantly Below Fair Value: A002900 is trading below fair value by more than 20%.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is TYM forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


24.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A002900's forecast earnings growth (24.5% per year) is above the savings rate (3.6%).

Earnings vs Market: A002900's earnings (24.5% per year) are forecast to grow faster than the KR market (16.1% per year).

High Growth Earnings: A002900's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: A002900's revenue (17.6% per year) is forecast to grow faster than the KR market (9.7% per year).

High Growth Revenue: A002900's revenue (17.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A002900's Return on Equity is forecast to be high in 3 years time (26.8%)


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Past Performance

How has TYM performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


63.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A002900 has a high level of non-cash earnings.

Growing Profit Margin: A002900's current net profit margins (5.5%) are higher than last year (1%).


Past Earnings Growth Analysis

Earnings Trend: A002900's earnings have grown significantly by 63.7% per year over the past 5 years.

Accelerating Growth: A002900's earnings growth over the past year (561.9%) exceeds its 5-year average (63.7% per year).

Earnings vs Industry: A002900 earnings growth over the past year (561.9%) exceeded the Machinery industry 43.1%.


Return on Equity

High ROE: A002900's Return on Equity (21.2%) is considered high.


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Financial Health

How is TYM's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: A002900's short term assets (₩527.6B) exceed its short term liabilities (₩461.9B).

Long Term Liabilities: A002900's short term assets (₩527.6B) exceed its long term liabilities (₩81.8B).


Debt to Equity History and Analysis

Debt Level: A002900's net debt to equity ratio (75.4%) is considered high.

Reducing Debt: A002900's debt to equity ratio has reduced from 111.7% to 86.5% over the past 5 years.

Debt Coverage: A002900's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: A002900's interest payments on its debt are well covered by EBIT (10.8x coverage).


Balance Sheet


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Dividend

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

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.81%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A002900's dividend (0.81%) isn’t notable compared to the bottom 25% of dividend payers in the KR market (0.94%).

High Dividend: A002900's dividend (0.81%) is low compared to the top 25% of dividend payers in the KR market (3.05%).


Stability and Growth of Payments

Stable Dividend: A002900 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: A002900's dividend payments have increased, but the company has only paid a dividend for 3 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (5.5%), A002900's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: A002900 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

Hi-Yong Kim (80 yo)

no data

Tenure

Mr. Kim served as President of TYM Corporation (formerly known as Tong Yang Moolsan Co., Ltd.) Mr. Kim served as Vice President of Production & Development at American Rare Earths and Materials Corp. (Form...


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 6.8%.


Top Shareholders

Company Information

TYM Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: TYM Corporation
  • Ticker: A002900
  • Exchange: KOSE
  • Founded: 1951
  • Industry: Agricultural and Farm Machinery
  • Sector: Capital Goods
  • Implied Market Cap: ₩362.705b
  • Shares outstanding: 146.84m
  • Website: https://www.tym.world/en

Number of Employees


Location

  • TYM Corporation
  • 90 Nonhyeon-dong
  • Gangnam-gu
  • Seoul
  • South Korea

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/06 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.