New Risk • Apr 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (₩37.4b market cap, or US$25.7m). Buy Or Sell Opportunity • Mar 28
Now 21% undervalued Over the last 90 days, the stock has risen 4.5% to ₩1,285. The fair value is estimated to be ₩1,620, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Mar 10
Now 20% undervalued Over the last 90 days, the stock has risen 18% to ₩1,296. The fair value is estimated to be ₩1,623, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Announcement • Feb 25
AztechWB Co., Ltd., Annual General Meeting, Mar 31, 2025 AztechWB Co., Ltd., Annual General Meeting, Mar 31, 2025, at 08:00 Tokyo Standard Time. Location: auditorium, 99, hasinbeonyeong-ro, saha-gu, busan South Korea Buy Or Sell Opportunity • Feb 20
Now 21% undervalued Over the last 90 days, the stock has risen 10% to ₩1,277. The fair value is estimated to be ₩1,611, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: ₩58.00 (vs ₩104 loss in 3Q 2023) Third quarter 2024 results: EPS: ₩58.00 (up from ₩104 loss in 3Q 2023). Revenue: ₩9.54b (down 10.0% from 3Q 2023). Net income: ₩1.23b (up ₩3.42b from 3Q 2023). Profit margin: 13% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Aug 12
Now 21% overvalued Over the last 90 days, the stock has fallen 11% to ₩1,248. The fair value is estimated to be ₩1,029, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • Dec 20
Upcoming dividend of ₩20.00 per share at 1.2% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.7%). New Risk • Nov 26
New major risk - Revenue and earnings growth Earnings have declined by 2.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.7% per year over the past 5 years. Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Market cap is less than US$100m (₩33.9b market cap, or US$26.0m). Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩1,680, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 9x in the Luxury industry in South Korea. Total returns to shareholders of 8.2% over the past three years. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩1,867, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 16% over the past three years. Upcoming Dividend • Dec 21
Inaugural dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. This is the first dividend for AztechWB since going public. The average dividend yield among industry peers is 2.1%. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩1,710, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 7x in the Luxury industry in South Korea. Total loss to shareholders of 1.5% over the past three years. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improved over the past week After last week's 19% share price gain to ₩2,420, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩1,975, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 8x in the Luxury industry in South Korea. Total returns to shareholders of 4.8% over the past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improved over the past week After last week's 17% share price gain to ₩3,075, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 12x in the Luxury industry in South Korea. Total returns to shareholders of 58% over the past three years. Upcoming Dividend • Dec 22
Inaugural dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 14 April 2022. The company is not currently making a profit but it is cash flow positive. This is the first dividend for AztechWB since going public. The average dividend yield among industry peers is 1.8%. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩3,295, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 12x in the Luxury industry in South Korea. Total returns to shareholders of 94% over the past three years. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment deteriorated over the past week After last week's 26% share price decline to ₩5,100, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 11x in the Luxury industry in South Korea. Total returns to shareholders of 205% over the past three years. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩4,425, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 12x in the Luxury industry in South Korea. Total returns to shareholders of 155% over the past three years. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improved over the past week After last week's 34% share price gain to ₩6,090, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 15x in the Luxury industry in South Korea. Total returns to shareholders of 247% over the past three years. Announcement • Jul 24
AztechWB Co., Ltd. announced that it has received KRW 10 billion in funding On July 22, 2021, AztechWB Co., Ltd. closed the transaction. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 48% share price gain to ₩4,405, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 15x in the Luxury industry in South Korea. Total returns to shareholders of 151% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 19% share price gain to ₩3,390, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 15x in the Luxury industry in South Korea. Total returns to shareholders of 86% over the past three years. Is New 90 Day High Low • Feb 18
New 90-day high: ₩2,485 The company is up 43% from its price of ₩1,740 on 20 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 17% over the same period. Announcement • Feb 10
AztechWB Co., Ltd., Annual General Meeting, Mar 29, 2021 AztechWB Co., Ltd., Annual General Meeting, Mar 29, 2021, at 08:00 Korea Standard Time. Agenda: Audit report; Business report and Internal accounting management system operation report. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 20% share price gain to ₩2,375, the stock is trading at a trailing P/E ratio of 17x, up from the previous P/E ratio of 14.1x. This compares to an average P/E of 16x in the Luxury industry in South Korea. Total returns to shareholders over the past three years are 20%. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 17% share price gain to ₩2,130, the stock is trading at a trailing P/E ratio of 15.2x, up from the previous P/E ratio of 13.1x. This compares to an average P/E of 15x in the Luxury industry in South Korea. Total returns to shareholders over the past three years are 8.0%. Is New 90 Day High Low • Jan 08
New 90-day high: ₩2,010 The company is up 22% from its price of ₩1,650 on 08 October 2020. The South Korean market is up 25% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: ₩1,885 The company is up 17% from its price of ₩1,615 on 08 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 4.0% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: ₩1,755 The company is up 8.0% from its price of ₩1,630 on 13 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 11% over the same period.