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A008

Willbes KOSE:A008600 Stock Report

Last Price

₩876.00

Market Cap

₩57.6b

7D

-0.7%

1Y

-61.7%

Updated

18 Sep, 2022

Data

Company Financials
A008600 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends0/6

A008600 Stock Overview

The Willbes & Co., Ltd. manufactures and sells apparel in South Korea.

Willbes Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Willbes
Historical stock prices
Current Share Price₩876.00
52 Week High₩2,280.00
52 Week Low₩801.00
Beta1.73
1 Month Change-12.05%
3 Month Change-9.03%
1 Year Change-61.66%
3 Year Change-24.48%
5 Year Change-45.08%
Change since IPO-65.51%

Recent News & Updates

May 09
Does Willbes (KRX:008600) Have A Healthy Balance Sheet?

Does Willbes (KRX:008600) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Apr 04
These Return Metrics Don't Make Willbes (KRX:008600) Look Too Strong

These Return Metrics Don't Make Willbes (KRX:008600) Look Too Strong

What financial metrics can indicate to us that a company is maturing or even in decline? More often than not, we'll see...

Shareholder Returns

A008600KR LuxuryKR Market
7D-0.7%2.1%-0.2%
1Y-61.7%-19.6%-24.9%

Return vs Industry: A008600 underperformed the KR Luxury industry which returned -19.6% over the past year.

Return vs Market: A008600 underperformed the KR Market which returned -24.9% over the past year.

Price Volatility

Is A008600's price volatile compared to industry and market?
A008600 volatility
A008600 Average Weekly Movement5.6%
Luxury Industry Average Movement6.0%
Market Average Movement6.2%
10% most volatile stocks in KR Market10.8%
10% least volatile stocks in KR Market3.7%

Stable Share Price: A008600 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: A008600's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1973201Chan-Hyeok Yimhttps://www.willbes.com

The Willbes & Co., Ltd. manufactures and sells apparel in South Korea. It also provides postgraduate training for individuals looking for professional jobs, such as lawyer, diplomat, government official, appraiser, labor attorney, and others, as well as engages in the investment activities. The company was formerly known as Kunja Industries, Co., Ltd.

Willbes Fundamentals Summary

How do Willbes's earnings and revenue compare to its market cap?
A008600 fundamental statistics
Market Cap₩57.64b
Earnings (TTM)₩189.04m
Revenue (TTM)₩278.72b

304.9x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A008600 income statement (TTM)
Revenue₩278.72b
Cost of Revenue₩229.76b
Gross Profit₩48.96b
Other Expenses₩48.77b
Earnings₩189.04m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.87
Gross Margin17.57%
Net Profit Margin0.067%
Debt/Equity Ratio110.8%

How did A008600 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is A008600 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A008600?

Other financial metrics that can be useful for relative valuation.

A008600 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA8.3x
PEG Ration/a

Price to Sales Ratio vs Peers

How does A008600's PS Ratio compare to its peers?

A008600 PS Ratio vs Peers
The above table shows the PS ratio for A008600 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.4x
A204020 GRITEE
0.5xn/a₩59.6b
A308100 Castelbajac
0.7x12.8%₩56.1b
A002070 Vivien
0.2xn/a₩48.6b
0.3xn/a₩48.1b
A008600 Willbes
0.2xn/a₩57.6b

Price-To-Sales vs Peers: A008600 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.4x).


Price to Earnings Ratio vs Industry

How does A008600's PE Ratio compare vs other companies in the KR Luxury Industry?

Price-To-Sales vs Industry: A008600 is good value based on its Price-To-Sales Ratio (0.2x) compared to the KR Luxury industry average (0.6x)


Price to Sales Ratio vs Fair Ratio

What is A008600's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A008600 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate A008600's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of A008600 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A008600 (₩876) is trading above our estimate of fair value (₩555.04)

Significantly Below Fair Value: A008600 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Willbes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.1%

Forecasted Consumer Durables industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Willbes has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Take a look at our analysis of A008600’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Willbes performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-17.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A008600 has high quality earnings.

Growing Profit Margin: A008600 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: A008600 has become profitable over the past 5 years, growing earnings by -17.7% per year.

Accelerating Growth: A008600 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: A008600 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (46.5%).


Return on Equity

High ROE: A008600's Return on Equity (0.2%) is considered low.


Discover strong past performing companies

Financial Health

How is Willbes's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: A008600's short term assets (₩203.2B) exceed its short term liabilities (₩158.0B).

Long Term Liabilities: A008600's short term assets (₩203.2B) exceed its long term liabilities (₩23.3B).


Debt to Equity History and Analysis

Debt Level: A008600's net debt to equity ratio (96.1%) is considered high.

Reducing Debt: A008600's debt to equity ratio has increased from 88.1% to 110.8% over the past 5 years.

Debt Coverage: A008600's debt is not well covered by operating cash flow (8.7%).

Interest Coverage: A008600's interest payments on its debt are not well covered by EBIT (0.2x coverage).


Balance Sheet


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Dividend

What is Willbes's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate A008600's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate A008600's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if A008600's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if A008600's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as A008600 has not reported any payouts.


Discover strong dividend paying companies

Management

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


CEO

Chan-Hyeok Yim (59 yo)

no data

Tenure

Mr. Chan-hyeok Yim serves as the Chief Executive Officer of The WillBes & Co Ltd. Mr. Yim served as Vice President of Sales at Will-Bes & Co. Mr. Yim served as Manager of The Willbes Dominicana Inc. from 1...


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 2.3%.


Top Shareholders

Top 4 shareholders own 13.96% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
11.87%
Byung-Hyun Jun
7,812,014₩6.8b0%no data
1.9%
Dimensional Fund Advisors LP
1,248,623₩1.1b0.4%no data
0.18%
Ju-Ho Song
121,000₩106.0m0%no data
0.0023%
Yeong-Min Ji
1,500₩1.3m0%no data

Company Information

The Willbes & CO., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: The Willbes & CO., Ltd.
  • Ticker: A008600
  • Exchange: KOSE
  • Founded: 1973
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: ₩57.640b
  • Shares outstanding: 65.80m
  • Website: https://www.willbes.com

Number of Employees


Location

  • The Willbes & CO., Ltd.
  • Mannam-ro 76 (Sinbu-dong 494-3)
  • Dongnam-gu
  • Cheonan-si
  • Chungcheongnam-do
  • South Korea


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A008600KOSE (Korea Stock Exchange)YesCommon StockKRKRWNov 1993

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/18 00:00
End of Day Share Price2022/09/16 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.