Hanwha Ocean Co., Ltd.

KOSE:A042660 Stock Report

Market Cap: ₩9.9t

Hanwha Ocean Valuation

Is A042660 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 A042660 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A042660 (₩32150) is trading below our estimate of fair value (₩73773.27)

Significantly Below Fair Value: A042660 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A042660?

Key metric: As A042660 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A042660. This is calculated by dividing A042660's market cap by their current earnings.
What is A042660's PE Ratio?
PE Ratio46.6x
Earnings₩211.29b
Market Cap₩9.91t

Price to Earnings Ratio vs Peers

How does A042660's PE Ratio compare to its peers?

The above table shows the PE ratio for A042660 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27x
A443060 HD HYUNDAI Marine SolutionLTD
34.7x22.9%₩6.6t
A042670 HD Hyundai Infracore
22x42.7%₩1.4t
A267270 HD Hyundai Construction Equipment
22.1x40.3%₩1.1t
A100090 SK oceanplantLtd
29x36.1%₩751.8b
A042660 Hanwha Ocean
46.6x69.0%₩9.9t

Price-To-Earnings vs Peers: A042660 is expensive based on its Price-To-Earnings Ratio (46.6x) compared to the peer average (26.9x).

Price to Earnings Ratio vs Industry

How does A042660's PE Ratio compare vs other companies in the KR Machinery Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
A085310 NK
1.2xn/aUS$39.83m
A009440 KC Green Holdings
0.5xn/aUS$18.17m
A158310 Charmzone Global
0.4xn/aUS$3.51m
A126870 Neuros
0.7xn/aUS$1.97m
No more companies available in this PE range
A042660 46.6xIndustry Avg. 12.6xNo. of Companies16PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: A042660 is expensive based on its Price-To-Earnings Ratio (46.6x) compared to the KR Machinery industry average (12.6x).

Price to Earnings Ratio vs Fair Ratio

What is A042660'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.

A042660 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio46.6x
Fair PE Ratio50.3x

Price-To-Earnings vs Fair Ratio: A042660 is good value based on its Price-To-Earnings Ratio (46.6x) compared to the estimated Fair Price-To-Earnings Ratio (50.3x).

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 A042660 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₩32,150.00
₩37,614.29
+17.0%
12.5%₩45,600.00₩28,000.00n/a14
Dec ’25₩35,000.00
₩37,040.00
+5.8%
11.8%₩43,000.00₩28,000.00n/a15
Nov ’25₩26,800.00
₩36,037.50
+34.5%
11.9%₩42,600.00₩28,000.00n/a16
Oct ’25₩30,550.00
₩36,506.67
+19.5%
11.0%₩42,600.00₩30,000.00n/a15
Sep ’25₩34,550.00
₩35,540.00
+2.9%
14.2%₩42,600.00₩24,000.00n/a15
Aug ’25₩32,600.00
₩34,273.33
+5.1%
19.3%₩42,600.00₩18,000.00n/a15
Jul ’25₩31,450.00
₩33,806.67
+7.5%
19.8%₩42,600.00₩18,000.00n/a15
Jun ’25₩29,700.00
₩33,540.00
+12.9%
20.7%₩42,600.00₩18,000.00n/a15
May ’25₩32,050.00
₩33,540.00
+4.6%
20.7%₩42,600.00₩18,000.00n/a15
Apr ’25₩27,950.00
₩28,907.14
+3.4%
17.4%₩37,000.00₩18,000.00n/a14
Mar ’25₩23,600.00
₩28,385.71
+20.3%
16.8%₩37,000.00₩18,000.00n/a14
Feb ’25₩22,050.00
₩30,638.46
+38.9%
15.3%₩37,000.00₩18,000.00n/a13
Jan ’25₩25,100.00
₩31,950.00
+27.3%
17.6%₩43,000.00₩18,000.00n/a14
Dec ’24₩27,150.00
₩31,950.00
+17.7%
17.6%₩43,000.00₩18,000.00₩35,000.0014
Nov ’24₩23,550.00
₩32,950.00
+39.9%
20.7%₩47,000.00₩18,000.00₩26,800.0014
Oct ’24₩30,950.00
₩34,561.54
+11.7%
19.3%₩47,000.00₩22,000.00₩30,550.0013
Sep ’24₩35,000.00
₩33,900.00
-3.1%
21.4%₩47,000.00₩22,000.00₩34,550.0012
Aug ’24₩48,900.00
₩31,772.73
-35.0%
30.0%₩47,000.00₩15,000.00₩32,600.0011
Jul ’24₩37,700.00
₩26,681.82
-29.2%
22.6%₩34,000.00₩15,000.00₩31,450.0011
Jun ’24₩27,200.00
₩26,409.09
-2.9%
21.8%₩34,000.00₩15,000.00₩29,700.0011
May ’24₩26,950.00
₩23,222.22
-13.8%
23.2%₩31,000.00₩15,000.00₩32,050.009
Apr ’24₩24,500.00
₩22,000.00
-10.2%
24.3%₩31,000.00₩15,000.00₩27,950.009
Mar ’24₩25,750.00
₩22,000.00
-14.6%
19.8%₩30,000.00₩15,000.00₩23,600.0010
Feb ’24₩23,500.00
₩22,000.00
-6.4%
19.8%₩30,000.00₩15,000.00₩22,050.0010
Jan ’24₩18,950.00
₩22,200.00
+17.2%
19.4%₩30,000.00₩15,000.00₩25,100.0010
Dec ’23₩19,150.00
₩23,363.64
+22.0%
21.0%₩30,000.00₩15,000.00₩27,150.0011

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 14:10
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Hanwha Ocean Co., Ltd. is covered by 45 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
H. YoonBNP Paribas Securities (Asia)
Euisup LeeBofA Global Research
Yongmin KimCGS International