KOSDAQ:A007680

Stock Analysis Report

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Executive Summary

Daewon Co., Ltd., together with its subsidiaries, engages in the manufactures, produces, and sells ready-mixed concrete and aggregate products in South Korea. More Details


Snowflake Analysis

High growth potential with excellent balance sheet and pays a dividend.

Share Price & News

How has Daewon's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: A007680 is less volatile than 75% of KR stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: A007680's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-0.7%

A007680

1.2%

KR Consumer Durables

0.4%

KR Market


1 Year Return

-11.0%

A007680

73.9%

KR Consumer Durables

48.3%

KR Market

Return vs Industry: A007680 underperformed the KR Consumer Durables industry which returned 73.9% over the past year.

Return vs Market: A007680 underperformed the KR Market which returned 48.3% over the past year.


Shareholder returns

A007680IndustryMarket
7 Day-0.7%1.2%0.4%
30 Day-5.0%-7.3%-3.6%
90 Day3.6%35.9%9.1%
1 Year-8.6%-11.0%76.2%73.9%52.6%48.3%
3 Year-18.9%-24.5%16.3%11.1%30.6%21.5%
5 Yearn/a51.2%35.4%64.7%44.9%

Long-Term Price Volatility Vs. Market

How volatile is Daewon's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Daewon undervalued compared to its fair value and its price relative to the market?

30.92x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: A007680 (₩9480) is trading above our estimate of fair value (₩2871.8)

Significantly Below Fair Value: A007680 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: A007680 is poor value based on its PE Ratio (30.9x) compared to the KR Consumer Durables industry average (15.8x).

PE vs Market: A007680 is poor value based on its PE Ratio (30.9x) compared to the KR market (19.6x).


Price to Earnings Growth Ratio

PEG Ratio: A007680 is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: A007680 is good value based on its PB Ratio (0.4x) compared to the KR Consumer Durables industry average (1.4x).


Next Steps

Future Growth

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

89.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A007680's forecast earnings growth (89.2% per year) is above the savings rate (3.7%).

Earnings vs Market: A007680's earnings (89.2% per year) are forecast to grow faster than the KR market (30.4% per year).

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

Revenue vs Market: A007680's revenue (30.3% per year) is forecast to grow faster than the KR market (10.8% per year).

High Growth Revenue: A007680's revenue (30.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A007680's Return on Equity is forecast to be low in 3 years time (6%).


Next Steps

Past Performance

How has Daewon performed over the past 5 years?

-29.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A007680 has a large one-off gain of ₩2.9B impacting its September 30 2020 financial results.

Growing Profit Margin: A007680's current net profit margins (1.5%) are lower than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: A007680 has become profitable over the past 5 years, growing earnings by -29.6% per year.

Accelerating Growth: A007680's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: A007680 had negative earnings growth (-54.7%) over the past year, making it difficult to compare to the Consumer Durables industry average (3.3%).


Return on Equity

High ROE: A007680's Return on Equity (1.2%) is considered low.


Next Steps

Financial Health

How is Daewon's financial position?


Financial Position Analysis

Short Term Liabilities: A007680's short term assets (₩352.5B) exceed its short term liabilities (₩135.4B).

Long Term Liabilities: A007680's short term assets (₩352.5B) exceed its long term liabilities (₩88.8B).


Debt to Equity History and Analysis

Debt Level: A007680's debt to equity ratio (33%) is considered satisfactory.

Reducing Debt: A007680's debt to equity ratio has reduced from 78.4% to 33% over the past 5 years.

Debt Coverage: A007680's debt is not well covered by operating cash flow (16.8%).

Interest Coverage: A007680 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

2.64%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: A007680's dividend (2.64%) is higher than the bottom 25% of dividend payers in the KR market (0.71%).

High Dividend: A007680's dividend (2.64%) is in the top 25% of dividend payers in the KR market (2.37%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether A007680's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if A007680's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (81.5%), A007680's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: A007680's dividends in 3 years are forecast to be well covered by earnings (17% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Daewon has no CEO, or we have no data on them.


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 3.4%.


Top Shareholders

Company Information

Daewon Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Daewon Co., Ltd.
  • Ticker: A007680
  • Exchange: KOSDAQ
  • Founded: 1972
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Market Cap: ₩113.586b
  • Shares outstanding: 11.98m
  • Website: https://www.daewon.co.kr

Location

  • Daewon Co., Ltd.
  • 15, Jikji-daero 435beon-gil
  • Heungdeok-gu
  • Cheongju
  • Chungcheongbuk-do
  • 284-43
  • South Korea

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A007680KOSDAQ (KOSDAQ)YesShare CapitalKRKRWDec 2017

Biography

Daewon Co., Ltd., together with its subsidiaries, engages in the manufactures, produces, and sells ready-mixed concrete and aggregate products in South Korea. It is also involved in the education service a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 08:44
End of Day Share Price2021/03/05 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.