AMOREPACIFIC Group (KOSE:A002790) - Share price, News & Analysis

A002790 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	4/6
Financial Health	5/6
Dividends	3/6

A002790 Stock Overview

AMOREPACIFIC Group, through its subsidiaries, manufactures, markets, and trades in cosmetics, personal care goods, and related products in Korea, Asia, North America, and internationally.

Rewards

Trading at 61.3% below our estimate of its fair value

Earnings are forecast to grow 19.55% per year

Earnings grew by 1511.3% over the past year

Risk Analysis

Unstable dividend track record

AMOREPACIFIC Group Competitors

Johnson & Johnson

NYSE:JNJ

US$465.4b

Procter & Gamble

NYSE:PG

US$368.6b

LVMH Moët Hennessy - Louis Vuitton Société Européenne

ENXTPA:MC

€289.5b

Unilever

LSE:ULVR

UK£95.3b

Price History & Performance

Summary of all time highs, changes and price drops for AMOREPACIFIC Group
Historical stock prices
Current Share Price	₩43,800.00
52 Week High	₩80,600.00
52 Week Low	₩39,000.00
Beta	0.93
1 Month Change	-8.08%
3 Month Change	-4.58%
1 Year Change	-42.44%
3 Year Change	-35.40%
5 Year Change	-70.90%
Change since IPO	3,611.86%

Shareholder Returns

	A002790	KR Personal Products	KR Market
7D	-3.8%	-6.2%	0.006%
1Y	-42.4%	-44.4%	-15.8%

Return vs Industry: A002790 exceeded the KR Personal Products industry which returned -44.4% over the past year.

Return vs Market: A002790 underperformed the KR Market which returned -15.8% over the past year.

Price Volatility

Is A002790's price volatile compared to industry and market?
A002790 volatility
A002790 Average Weekly Movement	5.5%
Personal Products Industry Average Movement	6.2%
Market Average Movement	5.5%
10% most volatile stocks in KR Market	10.3%
10% least volatile stocks in KR Market	3.2%

Stable Share Price: A002790 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: A002790's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1945	89	Kyung-Bae Suh	https://www.apgroup.com

AMOREPACIFIC Group, through its subsidiaries, manufactures, markets, and trades in cosmetics, personal care goods, and related products in Korea, Asia, North America, and internationally. The company offers cosmetics, perfumes, medical beauty products, beauty devices, inner beauty products, hair and body care products, dental care, and tea culture products under the AMORE pacific, Sulwhasoo, LANEIGE, Mamonde, Innisfree, ETUDE, SIENU, HERA, HOLITUAL, primera, IOPE, HANYUL, LIRIKOS, OUTRUN, EASY PEASY, Espoir, RAREKIND, STEADY, SOON+, ODYSSEY, MIREPA, BRO&TIPS!, BE READY, enuf proj, GOUTAL, fradore, AESTURA, makeON, VITAl BEAUTIE, cubeme, Ryo, mise en scene, Fresh Pop, LABO-H, Ayunche, amos, HAPPY BATH, illiyoon, FILLVOID, MEDIAN, Boncho Study, Pleasia, and OSULLOC brands. It is also involved in manufacturing and marketing of medicines, glass, green tea, detergents, and organic compounds; manufacturing, printing, and marketing of paper containers; packaging of products; manufacturing of industrial machinery; and managing of facilities.

AMOREPACIFIC Group Fundamentals Summary

How do AMOREPACIFIC Group's earnings and revenue compare to its market cap?
A002790 fundamental statistics
Market Cap	₩3.65t
Earnings (TTM)	₩167.27b
Revenue (TTM)	₩5.33t

23.5x

P/E Ratio

0.7x

P/S Ratio

Is A002790 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
A002790 income statement (TTM)
Revenue	₩5.33t
Cost of Revenue	₩1.46t
Gross Profit	₩3.86t
Other Expenses	₩3.70t
Earnings	₩167.27b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	1.86k
Gross Margin	72.56%
Net Profit Margin	3.14%
Debt/Equity Ratio	4.0%

How did A002790 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

22%

Payout Ratio

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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: A002790 (₩43800) is trading below our estimate of fair value (₩113164.38)

Significantly Below Fair Value: A002790 is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: A002790 is poor value based on its PE Ratio (23.5x) compared to the KR Personal Products industry average (15.7x).

PE vs Market: A002790 is poor value based on its PE Ratio (23.5x) compared to the KR market (14.3x).

Price to Earnings Growth Ratio

PEG Ratio: A002790 is poor value based on its PEG Ratio (1.2x)

Price to Book Ratio

PB vs Industry: A002790 is good value based on its PB Ratio (1.2x) compared to the KR Personal Products industry average (1.6x).

Future Growth

How is AMOREPACIFIC Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

19.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A002790's forecast earnings growth (19.6% per year) is above the savings rate (3.5%).

Earnings vs Market: A002790's earnings (19.6% per year) are forecast to grow faster than the KR market (15.2% per year).

High Growth Earnings: A002790's earnings are forecast to grow, but not significantly.

Revenue vs Market: A002790's revenue (8.3% per year) is forecast to grow slower than the KR market (9.6% per year).

High Growth Revenue: A002790's revenue (8.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: A002790's Return on Equity is forecast to be low in 3 years time (7.3%).

Past Performance

How has AMOREPACIFIC Group performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-25.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A002790 has high quality earnings.

Growing Profit Margin: A002790's current net profit margins (3.1%) are higher than last year (0.2%).

Past Earnings Growth Analysis

Earnings Trend: A002790's earnings have declined by 25.7% per year over the past 5 years.

Accelerating Growth: A002790's earnings growth over the past year (1511.3%) exceeds its 5-year average (-25.7% per year).

Earnings vs Industry: A002790 earnings growth over the past year (1511.3%) exceeded the Personal Products industry 5%.

Return on Equity

High ROE: A002790's Return on Equity (4.5%) is considered low.

Financial Health

How is AMOREPACIFIC Group'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: A002790's short term assets (₩3,011.4B) exceed its short term liabilities (₩1,273.3B).

Long Term Liabilities: A002790's short term assets (₩3,011.4B) exceed its long term liabilities (₩289.2B).

Debt to Equity History and Analysis

Debt Level: A002790 has more cash than its total debt.

Reducing Debt: A002790's debt to equity ratio has increased from 3.7% to 4% over the past 5 years.

Debt Coverage: A002790's debt is well covered by operating cash flow (295.9%).

Interest Coverage: A002790's interest payments on its debt are well covered by EBIT (88.4x coverage).

Balance Sheet

Dividend

What is AMOREPACIFIC Group current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

1.03%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A002790's dividend (1.03%) is higher than the bottom 25% of dividend payers in the KR market (0.84%).

High Dividend: A002790's dividend (1.03%) is low compared to the top 25% of dividend payers in the KR market (2.73%).

Stability and Growth of Payments

Stable Dividend: A002790 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: A002790's dividend payments have increased, but the company has only paid a dividend for 6 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (22.2%), A002790's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (6.4%), A002790's dividend payments are thoroughly covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Household industry.

Management

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

CEO

Kyung-Bae Suh (58 yo)

no data

Tenure

Mr. Kyung-Bae Suh serves as the Chairman and Chief Executive Officer of AmorePacific Group and served as its President. Mr. Suh serves as the Chief Executive Officer of Amorepacific Corporation and served...

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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31