KOSDAQ:A044340

Stock Analysis Report

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Executive Summary

Winix Inc. manufactures and sells home appliances in South Korea and internationally. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: A044340 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: A044340's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

1.8%

A044340

1.2%

KR Consumer Durables

0.4%

KR Market


1 Year Return

10.3%

A044340

73.9%

KR Consumer Durables

48.3%

KR Market

Return vs Industry: A044340 underperformed the KR Consumer Durables industry which returned 70.7% over the past year.

Return vs Market: A044340 underperformed the KR Market which returned 46.1% over the past year.


Shareholder returns

A044340IndustryMarket
7 Day1.8%1.2%0.4%
30 Day7.3%-7.3%-3.6%
90 Day27.5%35.9%9.1%
1 Year12.9%10.3%76.2%73.9%52.6%48.3%
3 Year44.2%34.6%16.3%11.1%30.6%21.5%
5 Year91.0%74.2%51.2%35.4%64.7%44.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

43.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: A044340 (₩25700) is trading below our estimate of fair value (₩45514.33)

Significantly Below Fair Value: A044340 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A044340 is good value based on its PE Ratio (10.7x) compared to the KR Consumer Durables industry average (15.7x).

PE vs Market: A044340 is good value based on its PE Ratio (10.7x) compared to the KR market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: A044340 is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: A044340 is overvalued based on its PB Ratio (2.2x) compared to the KR Consumer Durables industry average (1.3x).


Next Steps

Future Growth

How is Winix forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

17.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A044340's forecast earnings growth (17.5% per year) is above the savings rate (3.7%).

Earnings vs Market: A044340's earnings (17.5% per year) are forecast to grow slower than the KR market (30.5% per year).

High Growth Earnings: A044340's earnings are forecast to grow, but not significantly.

Revenue vs Market: A044340's revenue (10.8% per year) is forecast to grow slower than the KR market (10.9% per year).

High Growth Revenue: A044340's revenue (10.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A044340's Return on Equity is forecast to be high in 3 years time (20.1%)


Next Steps

Past Performance

How has Winix performed over the past 5 years?

60.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A044340 has a high level of non-cash earnings.

Growing Profit Margin: A044340's current net profit margins (10.6%) are higher than last year (9.2%).


Past Earnings Growth Analysis

Earnings Trend: A044340 has become profitable over the past 5 years, growing earnings by 60.5% per year.

Accelerating Growth: A044340's earnings growth over the past year (12.2%) is below its 5-year average (60.5% per year).

Earnings vs Industry: A044340 earnings growth over the past year (12.2%) exceeded the Consumer Durables industry 3.3%.


Return on Equity

High ROE: A044340's Return on Equity (20.5%) is considered high.


Next Steps

Financial Health

How is Winix's financial position?


Financial Position Analysis

Short Term Liabilities: A044340's short term assets (₩164.5B) exceed its short term liabilities (₩104.6B).

Long Term Liabilities: A044340's short term assets (₩164.5B) exceed its long term liabilities (₩45.5B).


Debt to Equity History and Analysis

Debt Level: A044340's debt to equity ratio (35.5%) is considered satisfactory.

Reducing Debt: A044340's debt to equity ratio has reduced from 85.9% to 35.5% over the past 5 years.

Debt Coverage: A044340's debt is well covered by operating cash flow (79.2%).

Interest Coverage: A044340's interest payments on its debt are well covered by EBIT (21.3x coverage).


Balance Sheet


Next Steps

Dividend

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

2.33%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: A044340's dividend (2.33%) is higher than the bottom 25% of dividend payers in the KR market (0.7%).

High Dividend: A044340's dividend (2.33%) is low compared to the top 25% of dividend payers in the KR market (2.35%).


Stability and Growth of Payments

Stable Dividend: A044340's dividends per share have been stable in the past 10 years.

Growing Dividend: A044340's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29%), A044340's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: A044340's dividends in 3 years are forecast to be well covered by earnings (26.4% payout ratio).


Next Steps

Management

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


CEO

Hui-Jong Yoon (73 yo)

no data

Tenure

Yoon Hui-Jong serves as the Chief Executive Officer of Winix Inc. Mr. Hui-Jong served as a Representative of Yushin and was a Drop out of Yeungnam University.


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Winix Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Winix Inc.
  • Ticker: A044340
  • Exchange: KOSDAQ
  • Founded: 1973
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: ₩420.006b
  • Shares outstanding: 16.34m
  • Website: https://www.winix.com/kr

Location

  • Winix Inc.
  • 295 Gongdan 1-daero
  • Siheung-Si
  • Gyeonggi-do
  • South Korea

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A044340KOSDAQ (KOSDAQ)YesCommon StockKRKRWOct 2000

Biography

Winix Inc. manufactures and sells home appliances in South Korea and internationally. The company’s products include air purifiers, dehumidifiers, humidifiers, fan heaters, water purifiers, and filter/acce...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 08:42
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.