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A194

NOVAREXLtd KOSDAQ:A194700 Stock Report

Last Price

₩37.50k

Market Cap

₩312.9b

7D

-0.3%

1Y

-21.1%

Updated

17 May, 2022

Data

Company Financials +
A194700 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance1/6
Financial Health5/6
Dividends1/6

A194700 Stock Overview

NOVAREX Co., Ltd. develops and produces health functional foods and raw materials in South Korea and internationally.

NOVAREXLtd Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for NOVAREXLtd
Historical stock prices
Current Share Price₩37,500.00
52 Week High₩50,700.00
52 Week Low₩31,250.00
Beta0.73
1 Month Change-8.43%
3 Month Change-2.22%
1 Year Change-21.14%
3 Year Change59.92%
5 Year Changen/a
Change since IPO86.57%

Recent News & Updates

Mar 09
Should You Be Impressed By NOVAREXLtd's (KOSDAQ:194700) Returns on Capital?

Should You Be Impressed By NOVAREXLtd's (KOSDAQ:194700) Returns on Capital?

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...

Feb 21
NOVAREXLtd (KOSDAQ:194700) Seems To Use Debt Quite Sensibly

NOVAREXLtd (KOSDAQ:194700) Seems To Use Debt Quite Sensibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

A194700KR Personal ProductsKR Market
7D-0.3%-6.2%0.006%
1Y-21.1%-44.4%-15.8%

Return vs Industry: A194700 exceeded the KR Personal Products industry which returned -44.4% over the past year.

Return vs Market: A194700 underperformed the KR Market which returned -15.8% over the past year.

Price Volatility

Is A194700's price volatile compared to industry and market?
A194700 volatility
A194700 Average Weekly Movement3.8%
Personal Products Industry Average Movement6.2%
Market Average Movement5.5%
10% most volatile stocks in KR Market10.3%
10% least volatile stocks in KR Market3.2%

Stable Share Price: A194700 is less volatile than 75% of KR stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: A194700's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008370n/ahttps://www.novarex.co.kr

NOVAREX Co., Ltd. develops and produces health functional foods and raw materials in South Korea and internationally. It offers lactic acid bacteria, eye health, diet, pregnant, children's, powdered general food, prostate health, omega-3, and vitamin and mineral products, as well as GNC and BLACKMORES products in the form of tablets, soft and hard capsules, powder, gummies, and stick jellies. The company was formerly known as Health Science Co., Ltd.

NOVAREXLtd Fundamentals Summary

How do NOVAREXLtd's earnings and revenue compare to its market cap?
A194700 fundamental statistics
Market Cap₩312.88b
Earnings (TTM)₩26.40b
Revenue (TTM)₩278.79b

11.3x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A194700 income statement (TTM)
Revenue₩278.79b
Cost of Revenue₩237.42b
Gross Profit₩41.37b
Other Expenses₩14.96b
Earnings₩26.40b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.32k
Gross Margin14.84%
Net Profit Margin9.47%
Debt/Equity Ratio38.2%

How did A194700 perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

9%

Payout Ratio

Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: A194700 (₩37500) is trading below our estimate of fair value (₩112108.73)

Significantly Below Fair Value: A194700 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A194700 is good value based on its PE Ratio (11.3x) compared to the KR Personal Products industry average (15.7x).

PE vs Market: A194700 is good value based on its PE Ratio (11.3x) compared to the KR market (14.3x).


Price to Earnings Growth Ratio

PEG Ratio: A194700 is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: A194700 is overvalued based on its PB Ratio (2.1x) compared to the KR Personal Products industry average (1.6x).


Future Growth

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

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


24.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A194700's forecast earnings growth (24.1% per year) is above the savings rate (3.5%).

Earnings vs Market: A194700's earnings (24.1% per year) are forecast to grow faster than the KR market (15.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: A194700's revenue (17.2% per year) is forecast to grow faster than the KR market (9.6% per year).

High Growth Revenue: A194700's revenue (17.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A194700's Return on Equity is forecast to be high in 3 years time (21.6%)


Past Performance

How has NOVAREXLtd performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


30.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A194700 has a high level of non-cash earnings.

Growing Profit Margin: A194700's current net profit margins (9.5%) are lower than last year (11.3%).


Past Earnings Growth Analysis

Earnings Trend: A194700's earnings have grown significantly by 30.1% per year over the past 5 years.

Accelerating Growth: A194700's earnings growth over the past year (5%) is below its 5-year average (30.1% per year).

Earnings vs Industry: A194700 earnings growth over the past year (5%) underperformed the Personal Products industry 5%.


Return on Equity

High ROE: A194700's Return on Equity (18.8%) is considered low.


Financial Health

How is NOVAREXLtd's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: A194700's short term assets (₩111.7B) exceed its short term liabilities (₩89.4B).

Long Term Liabilities: A194700's short term assets (₩111.7B) exceed its long term liabilities (₩25.2B).


Debt to Equity History and Analysis

Debt Level: A194700's net debt to equity ratio (24.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if A194700's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: A194700's debt is well covered by operating cash flow (45.1%).

Interest Coverage: A194700's interest payments on its debt are well covered by EBIT (46.8x coverage).


Balance Sheet


Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.80%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A194700's dividend (0.8%) isn’t notable compared to the bottom 25% of dividend payers in the KR market (0.84%).

High Dividend: A194700's dividend (0.8%) is low compared to the top 25% of dividend payers in the KR market (2.73%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, A194700 has been paying a dividend for less than 10 years.

Growing Dividend: A194700's dividend payments have increased, but the company has only paid a dividend for 3 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9%), A194700's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: A194700 is paying a dividend but the company has no free cash flows.


Next Steps

Management

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


CEO

NOVAREXLtd 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

NOVAREX Co.,Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: NOVAREX Co.,Ltd.
  • Ticker: A194700
  • Exchange: KOSDAQ
  • Founded: 2008
  • Industry: Personal Products
  • Sector: Household
  • Implied Market Cap: ₩312.876b
  • Shares outstanding: 7.95m
  • Website: https://www.novarex.co.kr

Number of Employees


Location

  • NOVAREX Co.,Ltd.
  • 94 Gak-ri 1-gil
  • Gak-ri
  • Cheongju
  • Chungcheongbuk-do
  • South Korea

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2021/12/31
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.