New Risk • Jul 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₩134,400, the stock trades at a trailing P/E ratio of 70.3x. Average forward P/E is 22x in the Semiconductor industry in South Korea. Total returns to shareholders of 248% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩179,192 per share. Buy Or Sell Opportunity • Jun 05
Now 25% undervalued Over the last 90 days, the stock has risen 98% to ₩135,600. The fair value is estimated to be ₩180,122, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last year. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings are also forecast to grow by 32% per annum over the same time period. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩149,400, the stock trades at a trailing P/E ratio of 78.1x. Average forward P/E is 18x in the Semiconductor industry in South Korea. Total returns to shareholders of 303% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩184,400 per share. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩100,500, the stock trades at a trailing P/E ratio of 52.6x. Average forward P/E is 22x in the Semiconductor industry in South Korea. Total returns to shareholders of 184% over the past three years. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to ₩91,900, the stock trades at a trailing P/E ratio of 48.1x. Average forward P/E is 22x in the Semiconductor industry in South Korea. Total returns to shareholders of 195% over the past three years. New Risk • Mar 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (12% average weekly change). Profit margins are more than 30% lower than last year (9.9% net profit margin). Announcement • Mar 12
DOOSAN TESNA Inc., Annual General Meeting, Mar 31, 2026 DOOSAN TESNA Inc., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 97-12, jimun-ro, wongok-myeon, gyeonggi-do, anseong South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩54,300, the stock trades at a trailing P/E ratio of 28.4x. Average forward P/E is 21x in the Semiconductor industry in South Korea. Total returns to shareholders of 74% over the past three years. Declared Dividend • Feb 12
Dividend of ₩160 announced Dividend of ₩160 is the same as last year. Ex-date: 2nd April 2026 Payment date: 1st January 1970 Dividend yield will be 0.3%, which is lower than the industry average of 1.0%. Announcement • Feb 11
DOOSAN TESNA Inc. announces Annual dividend DOOSAN TESNA Inc. announced Annual dividend of KRW 160.0000 per share, ex-date on April 02, 2026 and record date on April 03, 2026. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩60,900, the stock trades at a trailing P/E ratio of 31.9x. Average forward P/E is 16x in the Semiconductor industry in South Korea. Total returns to shareholders of 99% over the past three years. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩53,200, the stock trades at a trailing P/E ratio of 27.8x. Average forward P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 92% over the past three years. Price Target Changed • Dec 13
Price target increased by 24% to ₩42,667 Up from ₩34,333, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₩43,850. Stock is up 58% over the past year. The company is forecast to post a net loss per share of ₩19.00 compared to earnings per share of ₩1,912 last year. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩53,800, the stock trades at a forward P/E ratio of 133x. Average forward P/E is 16x in the Semiconductor industry in South Korea. Total returns to shareholders of 140% over the past three years. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩35,350, the stock trades at a forward P/E ratio of 198x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 18% over the past three years. New Risk • Jul 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (9.9% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding). Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩27,100, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩15,865 per share. New Risk • Apr 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (9.9% average weekly change). Profit margins are more than 30% lower than last year (9.9% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding). New Risk • Apr 23
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.9% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (9.9% net profit margin). Announcement • Mar 05
DOOSAN TESNA Inc., Annual General Meeting, Mar 26, 2025 DOOSAN TESNA Inc., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 97-12, jimun-ro, wongok-myeon, gyeonggi-do, anseong South Korea New Risk • Feb 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Minor Risks High level of debt (45% net debt to equity). Share price has been volatile over the past 3 months (12% average weekly change). Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 41% After last week's 41% share price gain to ₩37,900, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩19,339 per share. New Risk • Jan 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Share price has been volatile over the past 3 months (9.5% average weekly change). Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩32,850, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩19,036 per share. New Risk • Jan 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Shareholders have been diluted in the past year (14% increase in shares outstanding). Price Target Changed • Dec 18
Price target decreased by 18% to ₩42,333 Down from ₩51,750, the current price target is an average from 3 analysts. New target price is 55% above last closing price of ₩27,250. Stock is down 53% over the past year. The company is forecast to post earnings per share of ₩2,575 for next year compared to ₩2,853 last year. Buy Or Sell Opportunity • Dec 10
Now 23% overvalued Over the last 90 days, the stock has fallen 14% to ₩24,650. The fair value is estimated to be ₩20,113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Buy Or Sell Opportunity • Nov 21
Now 22% overvalued Over the last 90 days, the stock has fallen 28% to ₩24,350. The fair value is estimated to be ₩19,896, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 22% per annum over the same time period. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩23,700, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 48% over the past three years. Price Target Changed • Aug 16
Price target decreased by 8.7% to ₩55,250 Down from ₩60,500, the current price target is an average from 3 analysts. New target price is 54% above last closing price of ₩35,800. Stock is down 24% over the past year. The company is forecast to post earnings per share of ₩3,160 for next year compared to ₩2,853 last year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₩29,950, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 46% over the past three years. Price Target Changed • Jul 25
Price target decreased by 11% to ₩60,500 Down from ₩67,667, the current price target is an average from 2 analysts. New target price is 61% above last closing price of ₩37,600. Stock is down 21% over the past year. The company is forecast to post earnings per share of ₩3,176 for next year compared to ₩2,853 last year. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩43,100, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Semiconductor industry in South Korea. Total loss to shareholders of 19% over the past three years. New Risk • Dec 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (70% net debt to equity). Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Price Target Changed • Nov 17
Price target increased by 9.8% to ₩67,500 Up from ₩61,500, the current price target is an average from 2 analysts. New target price is 13% above last closing price of ₩59,600. Stock is up 73% over the past year. The company is forecast to post earnings per share of ₩3,274 for next year compared to ₩3,080 last year. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₩55,900, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩70,481 per share. New Risk • Nov 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risks High level of debt (82% net debt to equity). Share price has been volatile over the past 3 months (8.8% average weekly change). Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩50,100, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩65,972 per share. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩46,650, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩46,835 per share. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩38,450, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 15% share price gain to ₩31,700, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total returns to shareholders of 16% over the past three years. Upcoming Dividend • Dec 21
Inaugural dividend of ₩160 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 27 April 2023. This is the first dividend for DOOSAN TESNA since going public. The average dividend yield among industry peers is 1.8%. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: ₩582 (vs ₩785 in 3Q 2021) Third quarter 2022 results: EPS: ₩582 (down from ₩785 in 3Q 2021). Revenue: ₩68.3b (up 20% from 3Q 2021). Net income: ₩9.89b (down 26% from 3Q 2021). Profit margin: 14% (down from 24% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 26% share price gain to ₩31,950, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total returns to shareholders of 72% over the past three years. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 20% share price gain to ₩26,250, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total returns to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₩23,700, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩29,400, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Semiconductor industry in South Korea. Total returns to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improved over the past week After last week's 15% share price gain to ₩46,450, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Semiconductor industry in South Korea. Total returns to shareholders of 123% over the past three years. Upcoming Dividend • Dec 22
Inaugural dividend of ₩130 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 27 April 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for Tesna since going public. The average dividend yield among industry peers is 0.9%. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₩49,550, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Total returns to shareholders of 406% over the past three years. Price Target Changed • Nov 19
Price target decreased to ₩61,667 Down from ₩67,000, the current price target is provided by 1 analyst. New target price is 28% above last closing price of ₩48,250. Stock is up 14% over the past year. The company is forecast to post earnings per share of ₩2,972 for next year compared to ₩2,260 last year. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 15% share price gain to ₩46,650, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Semiconductor industry in South Korea. Total returns to shareholders of 323% over the past three years. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 16% share price gain to ₩52,400, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 345% over the past three years. Price Target Changed • Jul 07
Price target increased to ₩65,667 Up from ₩58,000, the current price target is provided by 1 analyst. New target price is 26% above last closing price of ₩52,000. Stock is up 60% over the past year. Is New 90 Day High Low • Mar 08
New 90-day low: ₩43,850 The company is down 3.0% from its price of ₩45,050 on 08 December 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 17% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: ₩47,950 The company is up 6.0% from its price of ₩45,100 on 17 September 2020. The South Korean market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 27% over the same period. Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS ₩299 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₩30.0b (up 2.2% from 3Q 2019). Net income: ₩5.07b (up 52% from 3Q 2019). Profit margin: 17% (up from 11% in 3Q 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Oct 23
New 90-day low: ₩36,150 The company is down 3.0% from its price of ₩37,300 on 24 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is flat over the same period. 
