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A034

KOREITKOSE:A034830 Stock Report

Market Cap

₩571.2b

7D

-3.7%

1Y

35.0%

Updated

27 Nov, 2021

Data

Company Financials +
A034830 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends4/6

A034830 Stock Overview

KOREIT, a real estate investment trust, engages in the investment, development, and management of real estate properties in South Korea.

Price History & Performance

Summary of all time highs, changes and price drops for KOREIT
Historical stock prices
Current Share Price₩2,505.00
52 Week High₩2,680.00
52 Week Low₩1,830.00
Beta0.68
1 Month Change6.14%
3 Month Change8.68%
1 Year Change35.04%
3 Year Change-0.99%
5 Year Change-13.62%
Change since IPO60.58%

Recent News & Updates

Mar 21
How Much Did KOREIT's(KRX:034830) Shareholders Earn From Share Price Movements Over The Last Five Years?

How Much Did KOREIT's(KRX:034830) Shareholders Earn From Share Price Movements Over The Last Five Years?

For many, the main point of investing is to generate higher returns than the overall market. But in any portfolio...

Feb 22
What To Know Before Buying KOREIT (KRX:034830) For Its Dividend

What To Know Before Buying KOREIT (KRX:034830) For Its Dividend

Could KOREIT ( KRX:034830 ) be an attractive dividend share to own for the long haul? Investors are often drawn to...

Shareholder Returns

A034830KR Real EstateKR Market
7D-3.7%-3.0%-1.5%
1Y35.0%-0.9%9.7%

Return vs Industry: A034830 exceeded the KR Real Estate industry which returned -0.9% over the past year.

Return vs Market: A034830 exceeded the KR Market which returned 9.7% over the past year.

Price Volatility

Is A034830's price volatile compared to industry and market?
A034830 volatility
A034830 Average Weekly Movement5.4%
Real Estate Industry Average Movement4.7%
Market Average Movement5.9%
10% most volatile stocks in KR Market11.4%
10% least volatile stocks in KR Market3.3%

Stable Share Price: A034830 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: A034830's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996188Yong-Kee Kimhttps://www.koreit.co.kr

KOREIT, a real estate investment trust, engages in the investment, development, and management of real estate properties in South Korea. It also involves in land development trust, management trust, profit certificate trust, proxy business and agency business, real estate consulting, real estate investment trusts, and asset-backed securities businesses. The company was founded in 1996 and is based in Seoul, South Korea.

KOREIT Fundamentals Summary

How do KOREIT's earnings and revenue compare to its market cap?
A034830 fundamental statistics
Market Cap₩571.25b
Earnings (TTM)₩110.31b
Revenue (TTM)₩184.33b

5.2x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A034830 income statement (TTM)
Revenue₩184.33b
Cost of Revenue₩13.97b
Gross Profit₩170.36b
Expenses₩60.05b
Earnings₩110.31b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)483.72
Gross Margin92.42%
Net Profit Margin59.84%
Debt/Equity Ratio47.7%

How did A034830 perform over the long term?

See historical performance and comparison

Valuation

Is KOREIT 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: A034830 (₩2505) is trading below our estimate of fair value (₩66931.66)

Significantly Below Fair Value: A034830 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A034830 is good value based on its PE Ratio (5.2x) compared to the KR Real Estate industry average (11.2x).

PE vs Market: A034830 is good value based on its PE Ratio (5.2x) compared to the KR market (15.4x).


Price to Earnings Growth Ratio

PEG Ratio: A034830 is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: A034830 is good value based on its PB Ratio (0.6x) compared to the KR Real Estate industry average (0.9x).


Future Growth

How is KOREIT forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

2.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A034830's forecast earnings growth (2.8% per year) is below the savings rate (3.6%).

Earnings vs Market: A034830's earnings (2.8% per year) are forecast to grow slower than the KR market (13.5% per year).

High Growth Earnings: A034830's earnings are forecast to grow, but not significantly.

Revenue vs Market: A034830's revenue (7.8% per year) is forecast to grow slower than the KR market (11.6% per year).

High Growth Revenue: A034830's revenue (7.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A034830's Return on Equity is forecast to be low in 3 years time (10.5%).


Past Performance

How has KOREIT performed over the past 5 years?

-7.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A034830 has high quality earnings.

Growing Profit Margin: A034830's current net profit margins (59.8%) are higher than last year (44.3%).


Past Earnings Growth Analysis

Earnings Trend: A034830's earnings have declined by 7% per year over the past 5 years.

Accelerating Growth: A034830's earnings growth over the past year (33.8%) exceeds its 5-year average (-7% per year).

Earnings vs Industry: A034830 earnings growth over the past year (33.8%) underperformed the Real Estate industry 68.3%.


Return on Equity

High ROE: A034830's Return on Equity (11.6%) is considered low.


Financial Health

How is KOREIT's financial position?


Financial Position Analysis

Short Term Liabilities: A034830's short term assets (₩1,045.6B) exceed its short term liabilities (₩63.6B).

Long Term Liabilities: A034830's short term assets (₩1,045.6B) exceed its long term liabilities (₩554.9B).


Debt to Equity History and Analysis

Debt Level: A034830's net debt to equity ratio (7.1%) is considered satisfactory.

Reducing Debt: A034830's debt to equity ratio has increased from 20.8% to 47.7% over the past 5 years.

Debt Coverage: A034830's debt is well covered by operating cash flow (80.5%).

Interest Coverage: Insufficient data to determine if A034830's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

3.59%

Current Dividend Yield


Upcoming Dividend Payment

TodayNov 27 2021Ex Dividend DateDec 29 2021Dividend Pay DateMar 28 202289 days from Ex DividendBuy in the next 31 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: A034830's dividend (3.59%) is higher than the bottom 25% of dividend payers in the KR market (0.78%).

High Dividend: A034830's dividend (3.59%) is in the top 25% of dividend payers in the KR market (2.44%)


Stability and Growth of Payments

Stable Dividend: A034830 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: A034830 has only been paying a dividend for 2 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.7%), A034830's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: A034830's dividends in 3 years are forecast to be well covered by earnings (18.8% payout ratio).


Next Steps

Management

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


CEO

Yong-Kee Kim (66 yo)

no data

Tenure

Yong-Kee Kim serves as the Chief Executive Officer and President at KOREIT. Yong-Kee Kim served as Chief Executive Officer at GMD Korea, Inc. Yong-Kee Kim Director at Korea Rental Corporation. Yong-Kee Kim...


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

KOREIT's employee growth, exchange listings and data sources


Key Information

  • Name: KOREIT
  • Ticker: A034830
  • Exchange: KOSE
  • Founded: 1996
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: ₩571.246b
  • Shares outstanding: 228.04m
  • Website: https://www.koreit.co.kr

Number of Employees


Location

  • KOREIT
  • 16-19th Floor
  • 137, Teheran-ro
  • Seoul
  • 6132
  • South Korea

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 08:36
End of Day Share Price2021/11/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.