KOSE:A013890

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Zinus, Inc manufactures and sells mattresses, bedroom furniture, beds, bedding products, etc. More Details


Snowflake Analysis

Good value with reasonable growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: A013890 is less volatile than 75% of KR stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: A013890's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-1.5%

A013890

1.2%

KR Consumer Durables

0.4%

KR Market


1 Year Return

20.7%

A013890

73.9%

KR Consumer Durables

48.3%

KR Market

Return vs Industry: A013890 underperformed the KR Consumer Durables industry which returned 73.9% over the past year.

Return vs Market: A013890 underperformed the KR Market which returned 48.3% over the past year.


Shareholder returns

A013890IndustryMarket
7 Day-1.5%1.2%0.4%
30 Day-6.7%-7.3%-3.6%
90 Day-11.5%35.9%9.1%
1 Year21.7%20.7%76.2%73.9%52.6%48.3%
3 Yearn/a16.3%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 Zinus's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: A013890 (₩92000) is trading below our estimate of fair value (₩539294.26)

Significantly Below Fair Value: A013890 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A013890 is poor value based on its PE Ratio (17.6x) compared to the KR Consumer Durables industry average (15.8x).

PE vs Market: A013890 is good value based on its PE Ratio (17.6x) compared to the KR market (19.6x).


Price to Earnings Growth Ratio

PEG Ratio: A013890 is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: A013890 is overvalued based on its PB Ratio (2.9x) compared to the KR Consumer Durables industry average (1.4x).


Next Steps

Future Growth

How is Zinus forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

28.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A013890's forecast earnings growth (28.6% per year) is above the savings rate (3.7%).

Earnings vs Market: A013890's earnings (28.6% per year) are forecast to grow slower 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: A013890's revenue (18.3% per year) is forecast to grow faster than the KR market (10.8% per year).

High Growth Revenue: A013890's revenue (18.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A013890's Return on Equity is forecast to be high in 3 years time (24.8%)


Next Steps

Past Performance

How has Zinus performed over the past 5 years?

12.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: A013890 has a high level of non-cash earnings.

Growing Profit Margin: A013890's current net profit margins (7.5%) are lower than last year (8.5%).


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if A013890's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare A013890's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: A013890 earnings growth over the past year (12.6%) exceeded the Consumer Durables industry 3.3%.


Return on Equity

High ROE: A013890's Return on Equity (16%) is considered low.


Next Steps

Financial Health

How is Zinus's financial position?


Financial Position Analysis

Short Term Liabilities: A013890's short term assets (₩657.1B) exceed its short term liabilities (₩417.7B).

Long Term Liabilities: A013890's short term assets (₩657.1B) exceed its long term liabilities (₩100.1B).


Debt to Equity History and Analysis

Debt Level: A013890's debt to equity ratio (52.6%) is considered high.

Reducing Debt: Insufficient data to determine if A013890's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: A013890's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: A013890's interest payments on its debt are well covered by EBIT (9.7x coverage).


Balance Sheet


Next Steps

Dividend

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

1.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: A013890's dividend (1.36%) is higher than the bottom 25% of dividend payers in the KR market (0.71%).

High Dividend: A013890's dividend (1.36%) is low compared to the top 25% of dividend payers in the KR market (2.37%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether A013890's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if A013890's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.9%), A013890's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: A013890's dividends in 3 years are forecast to be thoroughly covered by earnings (14.9% payout ratio).


Next Steps

Management

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


CEO

Zinus 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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Zinus, Inc
  • Ticker: A013890
  • Exchange: KOSE
  • Founded: 1979
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Market Cap: ₩1.281t
  • Shares outstanding: 13.92m
  • Website: https://www.zinus.co.kr

Location

  • Zinus, Inc
  • Bundang Amigo Tower
  • 8th Floor
  • Seongnam-si
  • Gyeonggi-do
  • South Korea

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A013890KOSE (Korea Stock Exchange)YesNew Common StockKRKRWOct 2019

Biography

Zinus, Inc manufactures and sells mattresses, bedroom furniture, beds, bedding products, etc. It sells it products through stores and online channels. The company was founded in 1979 and is based in Seongn...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 08:30
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.