KOSE:A298020

Stock Analysis Report

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Executive Summary

Hyosung TNC Corporation manufactures fiber in South Korea and internationally. More Details


Snowflake Analysis

Reasonable growth potential with acceptable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: A298020 is more volatile than 75% of KR stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: A298020's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of KR stocks.


Market Performance


7 Day Return

4.2%

A298020

4.6%

KR Luxury

2.8%

KR Market


1 Year Return

184.6%

A298020

28.1%

KR Luxury

49.6%

KR Market

Return vs Industry: A298020 exceeded the KR Luxury industry which returned 28.1% over the past year.

Return vs Market: A298020 exceeded the KR Market which returned 49.6% over the past year.


Shareholder returns

A298020IndustryMarket
7 Day4.2%4.6%2.8%
30 Day4.7%10.7%0.2%
90 Day128.0%19.8%12.4%
1 Year192.0%184.6%30.1%28.1%54.1%49.6%
3 Yearn/a21.9%16.7%36.3%26.8%
5 Yearn/a-20.0%-24.5%69.4%48.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

10.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: A298020 (₩435500) is trading below our estimate of fair value (₩483929.11)

Significantly Below Fair Value: A298020 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: A298020 is poor value based on its PE Ratio (22x) compared to the KR Luxury industry average (17.1x).

PE vs Market: A298020 is poor value based on its PE Ratio (22x) compared to the KR market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: A298020 is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: A298020 is overvalued based on its PB Ratio (3.6x) compared to the KR Luxury industry average (1x).


Next Steps

Future Growth

How is Hyosung TNC forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

33.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A298020's forecast earnings growth (33.6% per year) is above the savings rate (3.7%).

Earnings vs Market: A298020's earnings (33.6% 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: A298020's revenue (10.9% per year) is forecast to grow slower than the KR market (10.9% per year).

High Growth Revenue: A298020's revenue (10.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A298020's Return on Equity is forecast to be high in 3 years time (21.5%)


Next Steps

Past Performance

How has Hyosung TNC performed over the past 5 years?

9.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: A298020 has high quality earnings.

Growing Profit Margin: A298020's current net profit margins (1.7%) are higher than last year (0.9%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if A298020's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare A298020's past year earnings growth to its 5-year average.

Earnings vs Industry: A298020 earnings growth over the past year (9.8%) exceeded the Luxury industry -2.7%.


Return on Equity

High ROE: A298020's Return on Equity (16%) is considered low.


Next Steps

Financial Health

How is Hyosung TNC's financial position?


Financial Position Analysis

Short Term Liabilities: A298020's short term assets (₩1,271.1B) do not cover its short term liabilities (₩1,778.6B).

Long Term Liabilities: A298020's short term assets (₩1,271.1B) exceed its long term liabilities (₩516.4B).


Debt to Equity History and Analysis

Debt Level: A298020's debt to equity ratio (257.6%) is considered high.

Reducing Debt: Insufficient data to determine if A298020's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: A298020's debt is well covered by operating cash flow (25.9%).

Interest Coverage: A298020's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Hyosung TNC current dividend yield, its reliability and sustainability?

0.46%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: A298020's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the KR market (0.69%).

High Dividend: A298020's dividend (0.46%) is low compared to the top 25% of dividend payers in the KR market (2.34%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, A298020 has been paying a dividend for less than 10 years.

Growing Dividend: A298020's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.1%), A298020's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: A298020's dividends in 3 years are forecast to be thoroughly covered by earnings (9.3% payout ratio).


Next Steps

Management

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


CEO

Hyosung TNC 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hyosung TNC Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hyosung TNC Corporation
  • Ticker: A298020
  • Exchange: KOSE
  • Founded: 1957
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₩1.834t
  • Shares outstanding: 4.32m
  • Website: https://www.hyosungtnc.com

Location

  • Hyosung TNC Corporation
  • Gongdeok-dong
  • 119, Mapo-daero
  • Seoul
  • 4144
  • South Korea

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A298020KOSE (Korea Stock Exchange)YesCommon StockKRKRWJul 2018

Biography

Hyosung TNC Corporation manufactures fiber in South Korea and internationally. It offers spandex for the textile industry under the creora brand name; nylon textile filaments, such as micro-fine denier yar...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 08:47
End of Day Share Price2021/03/04 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.