HD Korea Shipbuilding & Offshore Engineering Co., Ltd.

KOSE:A009540 Stock Report

Market Cap: ₩14.0t

HD Korea Shipbuilding & Offshore Engineering Valuation

Is A009540 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A009540 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A009540 (₩200500) is trading below our estimate of fair value (₩403164.16)

Significantly Below Fair Value: A009540 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A009540?

Key metric: As A009540 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A009540. This is calculated by dividing A009540's market cap by their current earnings.
What is A009540's PE Ratio?
PE Ratio23.4x
Earnings₩606.85b
Market Cap₩14.02t

Price to Earnings Ratio vs Peers

How does A009540's PE Ratio compare to its peers?

The above table shows the PE ratio for A009540 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average45.9x
A329180 HD Hyundai Heavy IndustriesLtd
73.3x59.1%₩20.3t
A042660 Hanwha Ocean
54.4x69.7%₩11.0t
A064350 Hyundai Rotem
22.8x23.1%₩6.8t
A443060 HD HYUNDAI Marine SolutionLTD
33.1x22.9%₩6.4t
A009540 HD Korea Shipbuilding & Offshore Engineering
23.4x50.9%₩14.0t

Price-To-Earnings vs Peers: A009540 is good value based on its Price-To-Earnings Ratio (23.4x) compared to the peer average (45.9x).

Price to Earnings Ratio vs Industry

How does A009540's PE Ratio compare vs other companies in the KR Machinery Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
A085310 NK
1.2xn/aUS$42.02m
A009440 KC Green Holdings
0.8xn/aUS$15.34m
A158310 Charmzone Global
0.4xn/aUS$3.51m
A126870 Neuros
0.7xn/aUS$1.97m
No more companies available in this PE range
A009540 23.4xIndustry Avg. 13.0xNo. of Companies15PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: A009540 is expensive based on its Price-To-Earnings Ratio (23.4x) compared to the KR Machinery industry average (13x).

Price to Earnings Ratio vs Fair Ratio

What is A009540'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.

A009540 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.4x
Fair PE Ratio33.5x

Price-To-Earnings vs Fair Ratio: A009540 is good value based on its Price-To-Earnings Ratio (23.4x) compared to the estimated Fair Price-To-Earnings Ratio (33.5x).

Analyst Price Targets

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

The above table shows the analyst A009540 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₩200,500.00
₩241,307.69
+20.4%
15.8%₩310,000.00₩165,000.00n/a13
Nov ’25₩180,000.00
₩229,916.67
+27.7%
19.3%₩310,000.00₩150,000.00n/a12
Oct ’25₩187,700.00
₩227,500.00
+21.2%
19.3%₩310,000.00₩150,000.00n/a12
Sep ’25₩191,400.00
₩214,166.67
+11.9%
16.9%₩260,000.00₩150,000.00n/a12
Aug ’25₩213,000.00
₩200,166.67
-6.0%
21.5%₩260,000.00₩120,000.00n/a12
Jul ’25₩159,900.00
₩158,583.33
-0.8%
13.5%₩200,000.00₩120,000.00n/a12
Jun ’25₩130,400.00
₩156,000.00
+19.6%
14.3%₩200,000.00₩120,000.00n/a12
May ’25₩131,500.00
₩156,000.00
+18.6%
14.3%₩200,000.00₩120,000.00n/a12
Apr ’25₩119,700.00
₩148,545.45
+24.1%
15.1%₩200,000.00₩120,000.00n/a11
Mar ’25₩111,900.00
₩140,090.91
+25.2%
13.8%₩180,000.00₩100,000.00n/a11
Feb ’25₩114,700.00
₩135,545.45
+18.2%
10.4%₩155,000.00₩100,000.00n/a11
Jan ’25₩120,900.00
₩134,000.00
+10.8%
11.1%₩155,000.00₩100,000.00n/a11
Dec ’24₩111,300.00
₩134,000.00
+20.4%
11.1%₩155,000.00₩100,000.00n/a11
Nov ’24₩92,000.00
₩133,333.33
+44.9%
12.3%₩155,000.00₩100,000.00₩180,000.0012
Oct ’24₩111,000.00
₩139,818.18
+26.0%
11.1%₩155,000.00₩110,000.00₩187,700.0011
Sep ’24₩120,800.00
₩140,100.00
+16.0%
11.6%₩155,000.00₩110,000.00₩191,400.0010
Aug ’24₩124,500.00
₩138,100.00
+10.9%
14.1%₩155,000.00₩100,000.00₩213,000.0010
Jul ’24₩116,500.00
₩115,400.00
-0.9%
9.6%₩140,000.00₩100,000.00₩159,900.0010
Jun ’24₩97,000.00
₩104,727.27
+8.0%
10.4%₩120,000.00₩80,000.00₩130,400.0011
May ’24₩84,800.00
₩98,272.73
+15.9%
11.6%₩120,000.00₩77,000.00₩131,500.0011
Apr ’24₩77,500.00
₩97,181.82
+25.4%
12.0%₩120,000.00₩77,000.00₩119,700.0011
Mar ’24₩81,300.00
₩101,076.92
+24.3%
14.2%₩130,000.00₩77,000.00₩111,900.0013
Feb ’24₩80,200.00
₩97,307.69
+21.3%
15.1%₩130,000.00₩76,000.00₩114,700.0013
Jan ’24₩70,700.00
₩104,583.33
+47.9%
30.9%₩200,000.00₩76,000.00₩120,900.0012
Dec ’23₩77,100.00
₩99,500.00
+29.1%
16.6%₩130,000.00₩77,000.00₩111,300.0012
Nov ’23₩74,400.00
₩102,916.67
+38.3%
15.5%₩130,000.00₩80,000.00₩92,000.0012

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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