Hanwha Aerospace Future Growth

Future criteria checks 3/6

Hanwha Aerospace is forecast to grow earnings and revenue by 20.7% and 6.3% per annum respectively. EPS is expected to grow by 20.6% per annum. Return on equity is forecast to be 20.5% in 3 years.

Key information

20.7%

Earnings growth rate

20.6%

EPS growth rate

Aerospace & Defense earnings growth	20.9%
Revenue growth rate	6.3%
Future return on equity	20.5%
Analyst coverage	Good
Last updated	22 Nov 2024

Recent future growth updates

Recent updates

Hanwha Aerospace (KRX:012450) Has A Pretty Healthy Balance Sheet

Aug 24

Market Participants Recognise Hanwha Aerospace Co., Ltd.'s (KRX:012450) Earnings Pushing Shares 26% Higher

Jul 24

Hanwha Aerospace Co., Ltd.'s (KRX:012450) P/E Is On The Mark

Jun 06

Why Hanwha Aerospace's (KRX:012450) Shaky Earnings Are Just The Beginning Of Its Problems

May 21

Hanwha Aerospace (KRX:012450) Seems To Use Debt Quite Sensibly

May 07

What Does Hanwha Aerospace Co., Ltd.'s (KRX:012450) Share Price Indicate?

Apr 22

What Hanwha Aerospace Co., Ltd.'s (KRX:012450) 27% Share Price Gain Is Not Telling You

Feb 27

Here's Why Hanwha Aerospace (KRX:012450) Has A Meaningful Debt Burden

Mar 25

Is Hanwha Aerospace Co., Ltd. (KRX:012450) Trading At A 24% Discount?

Mar 04

Hanwha Aerospace Co., Ltd.'s (KRX:012450) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Feb 10

Did You Miss Hanwha Aerospace's (KRX:012450) 28% Share Price Gain?

Jan 21

What Type Of Shareholders Own The Most Number of Hanwha Aerospace Co., Ltd. (KRX:012450) Shares?

Dec 31

Earnings and Revenue Growth Forecasts

KOSE:A012450 - Analysts future estimates and past financials data (KRW Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	12,742,659	1,124,829	970,333	1,585,800	17
12/31/2025	11,754,240	990,463	712,629	1,445,147	19
12/31/2024	10,268,532	746,000	733,380	1,208,467	14
9/30/2024	10,981,116	676,239	-918,586	-296,982	N/A
6/30/2024	9,975,004	328,373	-579,042	85,006	N/A
3/31/2024	9,169,430	397,876	1,055,598	1,658,103	N/A
12/31/2023	9,359,006	817,510	819,056	1,390,220	N/A
9/30/2023	7,388,369	605,729	1,725,424	2,279,444	N/A
6/30/2023	7,274,838	713,450	1,743,169	2,194,808	N/A
3/31/2023	7,931,707	554,851	874,051	1,285,637	N/A
12/31/2022	7,060,393	169,463	1,179,554	1,524,327	N/A
9/30/2022	6,229,545	150,814	376,007	697,264	N/A
6/30/2022	6,062,313	122,807	715,060	1,039,823	N/A
3/31/2022	5,495,629	92,897	193,674	537,864	N/A
12/31/2021	5,541,389	160,614	665,147	990,006	N/A
9/30/2021	5,501,078	195,176	29,877	337,054	N/A
6/30/2021	5,533,877	195,259	-53,319	239,941	N/A
3/31/2021	5,506,412	223,403	156,582	459,882	N/A
12/31/2020	5,321,444	121,426	106,329	434,750	N/A
9/30/2020	5,195,350	72,814	314,789	647,387	N/A
6/30/2020	5,130,711	108,528	326,035	668,201	N/A
3/31/2020	5,336,671	129,587	354,955	671,268	N/A
12/31/2019	5,264,114	132,205	416,769	715,143	N/A
9/30/2019	5,319,883	179,775	298,545	549,482	N/A
6/30/2019	5,047,370	89,806	178,392	459,793	N/A
3/31/2019	4,660,045	62,733	-81,045	206,288	N/A
12/31/2018	4,453,177	32,328	-223,717	56,343	N/A
9/30/2018	4,335,503	-80,852	-58,569	233,826	N/A
6/30/2018	4,164,149	-85,299	N/A	145,832	N/A
3/31/2018	4,189,150	-99,079	N/A	-114,341	N/A
12/31/2017	4,215,471	-48,246	N/A	-9,741	N/A
9/30/2017	3,847,573	97,977	N/A	-262,896	N/A
6/30/2017	3,866,254	144,898	N/A	-12,097	N/A
3/31/2017	3,650,592	159,070	N/A	86,668	N/A
12/31/2016	3,518,877	345,223	N/A	196,055	N/A
9/30/2016	3,106,530	257,706	N/A	66,259	N/A
6/30/2016	2,867,219	262,407	N/A	52,309	N/A
3/31/2016	2,653,805	183,627	N/A	-47,115	N/A
12/31/2015	2,613,406	5,737	N/A	-37,530	N/A
9/30/2015	2,540,750	-101,891	N/A	-53,201	N/A
6/30/2015	2,497,749	-129,133	N/A	47,509	N/A
3/31/2015	2,613,985	-55,758	N/A	-9,112	N/A
12/31/2014	2,615,618	-63,901	N/A	11,388	N/A
9/30/2014	2,606,554	40,143	N/A	58,276	N/A
6/30/2014	2,669,977	65,325	N/A	-21,779	N/A
3/31/2014	2,646,944	95,215	N/A	57,936	N/A
12/31/2013	2,629,769	113,772	N/A	219,330	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A012450's forecast earnings growth (20.7% per year) is above the savings rate (2.7%).

Earnings vs Market: A012450's earnings (20.7% per year) are forecast to grow slower than the KR market (28% per year).

High Growth Earnings: A012450's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: A012450's revenue (6.3% per year) is forecast to grow slower than the KR market (9.4% per year).

High Growth Revenue: A012450's revenue (6.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: A012450's Return on Equity is forecast to be high in 3 years time (20.5%)

Hanwha Aerospace Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 8.3% to ₩416,019

Consensus EPS estimates increase by 21%

Price target increased by 11% to ₩398,453

Price target increased by 11% to ₩398,453

Price target increased by 12% to ₩307,579

Consensus EPS estimates increase by 20%

Recent updates

Hanwha Aerospace Co., Ltd. (KOSE:A012450) and Hanwha Ocean Co., Ltd. (KOSE:A042660) completed the acquisition of remaining 74.6% stake in Dyna-Mac Holdings Ltd. (SGX:NO4).

New major risk - Earnings quality

Price target increased by 8.3% to ₩416,019

Consensus EPS estimates increase by 21%

Price target increased by 11% to ₩398,453

Less than half of directors are independent

Price target increased by 11% to ₩398,453

Less than half of directors are independent

Hanwha Aerospace Co., Ltd. completed the Spin-Off of Security, Chip Mounters and Semiconductor Equipment Businesses.

Hanwha Aerospace (KRX:012450) Has A Pretty Healthy Balance Sheet

Price target increased by 12% to ₩307,579

Consensus EPS estimates increase by 20%

Investor sentiment improves as stock rises 17%

Market Participants Recognise Hanwha Aerospace Co., Ltd.'s (KRX:012450) Earnings Pushing Shares 26% Higher

Hanwha Aerospace Co., Ltd. to Report Q2, 2024 Results on Jul 31, 2024

Hanwha Aerospace Co., Ltd.'s (KRX:012450) P/E Is On The Mark

Now 20% undervalued

Price target increased by 9.5% to ₩252,000

Why Hanwha Aerospace's (KRX:012450) Shaky Earnings Are Just The Beginning Of Its Problems

First quarter 2024 earnings released: ₩258 loss per share (vs ₩8,018 profit in 1Q 2023)

Now 21% undervalued

Hanwha Aerospace (KRX:012450) Seems To Use Debt Quite Sensibly

Now 22% undervalued

What Does Hanwha Aerospace Co., Ltd.'s (KRX:012450) Share Price Indicate?

Hanwha Aerospace Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Price target increased by 7.5% to ₩226,800

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Full year 2023 earnings released: EPS: ₩16,103 (vs ₩3,344 in FY 2022)

New minor risk - Dividend sustainability

Price target increased by 7.7% to ₩194,438

Now 26% overvalued after recent price rise

Investor sentiment improves as stock rises 19%

Hanwha Aerospace Co., Ltd., Annual General Meeting, Mar 26, 2024

What Hanwha Aerospace Co., Ltd.'s (KRX:012450) 27% Share Price Gain Is Not Telling You

Price target increased by 9.8% to ₩172,071

Consensus EPS estimates increase by 11%

Hanwha Aerospace Co., Ltd. to Report Q4, 2023 Results on Feb 23, 2024

Now 20% overvalued after recent price rise

Upcoming dividend of ₩1,000 per share at 0.8% yield

Investor sentiment improves as stock rises 17%

New minor risk - Financial position

Third quarter 2023 earnings released: ₩203 loss per share (vs ₩1,363 profit in 3Q 2022)

Investor sentiment improves as stock rises 16%

Hanwha Aerospace Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023

Hanwha Aerospace to Showcasing Advanced Autonomous Defense Solutions to European Partners

Hanwha Aerospace to Showcasing Advanced Autonomous Defense Solutions to European Partners

Consensus EPS estimates increase by 28%, revenue downgraded

Price target increased by 11% to ₩149,111

Hanwha Aerospace Co., Ltd. to Report Q2, 2023 Results on Jul 27, 2023

Investor sentiment improves as stock rises 27%

Price target increased by 8.9% to ₩128,111

Consensus EPS estimates fall by 11%

Investor sentiment improves as stock rises 18%

Insufficient new directors

Full year 2022 earnings: EPS misses analyst expectations

Price target increased by 11% to ₩109,000

Investor sentiment improved over the past week

Upcoming dividend of ₩700 per share

Now 20% undervalued after recent price drop

Now 22% undervalued

Investor sentiment improved over the past week

Hanwha Aerospace Co., Ltd. to Report Q3, 2022 Results on Oct 31, 2022

Price target increased to ₩95,050

Investor sentiment deteriorated over the past week

Price target increased to ₩87,750

Now 23% undervalued

Price target increased to ₩73,667

Investor sentiment improved over the past week