Market Cap
₩173.7b
Last Updated
2021/03/06 08:32 UTC
Data Sources
Company Financials
Executive Summary
Avaco Co., Ltd. develops, manufactures, and sells equipment for flat panel display, semiconductor, solar, and thin film industries in South Korea. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Avaco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: A083930 is more volatile than 75% of KR stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: A083930's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of KR stocks.
Market Performance
7 Day Return
-1.1%
A083930
-0.8%
KR Semiconductor
0.4%
KR Market
1 Year Return
118.6%
A083930
49.8%
KR Semiconductor
48.3%
KR Market
Return vs Industry: A083930 exceeded the KR Semiconductor industry which returned 53.3% over the past year.
Return vs Market: A083930 exceeded the KR Market which returned 49.6% over the past year.
Shareholder returns
| A083930 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | -0.8% | 0.4% |
| 30 Day | -15.9% | 3.1% | -3.6% |
| 90 Day | 39.5% | 19.2% | 9.1% |
| 1 Year | 125.0%118.6% | 51.2%49.8% | 52.6%48.3% |
| 3 Year | 75.0%56.3% | 57.5%50.4% | 30.6%21.5% |
| 5 Year | 164.1%128.8% | 199.7%172.1% | 64.7%44.9% |
Long-Term Price Volatility Vs. Market
How volatile is Avaco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Do Institutions Own Avaco Co., Ltd. (KOSDAQ:083930) Shares?3 weeks ago | Simply Wall St
Avaco Co., Ltd.'s (KOSDAQ:083930) Stock Is Going Strong: Is the Market Following Fundamentals?1 month ago | Simply Wall St
Here’s What’s Happening With Returns At Avaco (KOSDAQ:083930)Valuation
Is Avaco 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: A083930 (₩13400) is trading below our estimate of fair value (₩66943.1)
Significantly Below Fair Value: A083930 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: A083930 is good value based on its PE Ratio (9.4x) compared to the KR Semiconductor industry average (20.7x).
PE vs Market: A083930 is good value based on its PE Ratio (9.4x) compared to the KR market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate A083930's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: A083930 is good value based on its PB Ratio (1.2x) compared to the KR Semiconductor industry average (1.8x).
Next Steps
Future Growth
How is Avaco forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
48.2%
Forecasted Semiconductors industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Avaco has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Avaco is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Semiconductors industry.
Past Performance
How has Avaco performed over the past 5 years?
22.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: A083930 has high quality earnings.
Growing Profit Margin: A083930's current net profit margins (9.6%) are higher than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: A083930's earnings have grown significantly by 22.5% per year over the past 5 years.
Accelerating Growth: A083930's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: A083930 had negative earnings growth (-11%) over the past year, making it difficult to compare to the Semiconductor industry average (17.3%).
Return on Equity
High ROE: A083930's Return on Equity (13.6%) is considered low.
Next Steps
Financial Health
How is Avaco's financial position?
Financial Position Analysis
Short Term Liabilities: A083930's short term assets (₩160.0B) exceed its short term liabilities (₩64.1B).
Long Term Liabilities: A083930's short term assets (₩160.0B) exceed its long term liabilities (₩7.2B).
Debt to Equity History and Analysis
Debt Level: A083930's debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if A083930's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: A083930's debt is well covered by operating cash flow (2010.6%).
Interest Coverage: A083930 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Avaco current dividend yield, its reliability and sustainability?
2.26%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: A083930's dividend (2.24%) is higher than the bottom 25% of dividend payers in the KR market (0.69%).
High Dividend: A083930's dividend (2.24%) is low compared to the top 25% of dividend payers in the KR market (2.34%).
Stability and Growth of Payments
Stable Dividend: A083930's dividends per share have been stable in the past 10 years.
Growing Dividend: A083930's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21%), A083930's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Kwang-Hyun Kim (59 yo)
5.83yrs
Tenure
Gwang-Hyun Kim serves as the Chief Executive Officer at Avaco Co., Ltd. since May 2015 and served as its Managing Director. Gwang-Hyun Kim formerly worked at MSD. Gwang-Hyun Kim formerly Worked at Display ...
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
Avaco Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Avaco Co., Ltd.
- Ticker: A083930
- Exchange: KOSDAQ
- Founded: 2000
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: ₩173.745b
- Shares outstanding: 13.11m
- Website: https://www.avaco.co.kr
Location
- Avaco Co., Ltd.
- 160-7, Seongseo4chacheomdan-ro
- Dalseo-gu
- Daegu
- South Korea
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| A083930 | KOSDAQ (KOSDAQ) | Yes | Common Stock | KR | KRW | Oct 2005 |
Biography
Avaco Co., Ltd. develops, manufactures, and sells equipment for flat panel display, semiconductor, solar, and thin film industries in South Korea. The company offers sputtering, OLED, and module systems; a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/06 08:32 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.