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A240

Wonik Ips KOSDAQ:A240810 Stock Report

Last Price

₩29.35k

Market Cap

₩1.4t

7D

-5.3%

1Y

-32.7%

Updated

14 Aug, 2022

Data

Company Financials +
A240810 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance3/6
Financial Health6/6
Dividends2/6

A240810 Stock Overview

Wonik IPS Co., Ltd primarily researches and develops, manufactures, and sells semiconductor, display, and solar cell systems in South Korea.

Wonik Ips Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Wonik Ips
Historical stock prices
Current Share Price₩29,350.00
52 Week High₩48,650.00
52 Week Low₩27,400.00
Beta1.48
1 Month Change3.16%
3 Month Change-27.71%
1 Year Change-32.68%
3 Year Change20.29%
5 Year Change-6.68%
Change since IPO76.28%

Recent News & Updates

Mar 23
At ₩50,700, Is Wonik Ips Co., Ltd (KOSDAQ:240810) Worth Looking At Closely?

At ₩50,700, Is Wonik Ips Co., Ltd (KOSDAQ:240810) Worth Looking At Closely?

Wonik Ips Co., Ltd ( KOSDAQ:240810 ), might not be a large cap stock, but it saw a significant share price rise of over...

Shareholder Returns

A240810KR SemiconductorKR Market
7D-5.3%-3.1%1.2%
1Y-32.7%-16.0%-20.1%

Return vs Industry: A240810 underperformed the KR Semiconductor industry which returned -16% over the past year.

Return vs Market: A240810 underperformed the KR Market which returned -20.1% over the past year.

Price Volatility

Is A240810's price volatile compared to industry and market?
A240810 volatility
A240810 Average Weekly Movement5.3%
Semiconductor Industry Average Movement6.4%
Market Average Movement6.4%
10% most volatile stocks in KR Market10.9%
10% least volatile stocks in KR Market3.9%

Stable Share Price: A240810 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: A240810's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19911,557Hyeon-Deok Leehttps://www.ips.co.kr

Wonik IPS Co., Ltd primarily researches and develops, manufactures, and sells semiconductor, display, and solar cell systems in South Korea. The company's semiconductor systems include WIDAS for enhancing process capacity; NOA ALD and CVD systems; GEMINI HQ system to produce dielectric films; GEMINI ALD systems for multi-patterning applications; HyEtaTM Spatial ALD systems for conformal films and seamless gap-fills; and Quanta systems for 3D NAND device fabrication. It also provides display systems, such as oxide thin-film transistor equipment, polyimide curing equipment, and low temperature polycrystalline silicon equipment; PECVD, which is used to prevent moisture penetration of flexible OLED devices; and display dry etcher, a core processing equipment to form a desired pattern on substrate in manufacturing QD-OLED, AMOLED, and large-size LCD panels, as well as for OLED and LCD panel production in high-resolution AM-OLED/LTPS market.

Wonik Ips Fundamentals Summary

How do Wonik Ips's earnings and revenue compare to its market cap?
A240810 fundamental statistics
Market Cap₩1.42t
Earnings (TTM)₩141.03b
Revenue (TTM)₩1.19t

10.0x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A240810 income statement (TTM)
Revenue₩1.19t
Cost of Revenue₩720.52b
Gross Profit₩465.92b
Other Expenses₩324.88b
Earnings₩141.03b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.92k
Gross Margin39.27%
Net Profit Margin11.89%
Debt/Equity Ratio0%

How did A240810 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

10%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is A240810 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A240810?

Other financial metrics that can be useful for relative valuation.

A240810 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA6.3x
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

How does A240810's PE Ratio compare to its peers?

A240810 PE Ratio vs Peers
The above table shows the PE ratio for A240810 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.6x
A064760 Tokai Carbon Korea
15.7xn/a₩1.3t
A042700 HANMI Semiconductor
12.2x10.2%₩1.3t
A195870 HAESUNG DS
9.7x13.3%₩984.3b
A039030 EO Technics
12.9x14.7%₩966.8b
A240810 Wonik Ips
10x25.5%₩1.4t

Price-To-Earnings vs Peers: A240810 is good value based on its Price-To-Earnings Ratio (10x) compared to the peer average (12.6x).


Price to Earnings Ratio vs Industry

How does A240810's PE Ratio compare vs other companies in the KR Semiconductor Industry?

Price-To-Earnings vs Industry: A240810 is good value based on its Price-To-Earnings Ratio (10x) compared to the KR Semiconductor industry average (10.4x)


Price to Earnings Ratio vs Fair Ratio

What is A240810's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A240810 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10x
Fair PE Ratio17.5x

Price-To-Earnings vs Fair Ratio: A240810 is good value based on its Price-To-Earnings Ratio (10x) compared to the estimated Fair Price-To-Earnings Ratio (17.5x).


Share Price vs Fair Value

What is the Fair Price of A240810 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A240810 (₩29350) is trading below our estimate of fair value (₩81240.83)

Significantly Below Fair Value: A240810 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is Wonik Ips forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


25.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A240810's forecast earnings growth (25.5% per year) is above the savings rate (3.6%).

Earnings vs Market: A240810's earnings (25.5% per year) are forecast to grow faster than the KR market (16.4% per year).

High Growth Earnings: A240810's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: A240810's revenue (14% per year) is forecast to grow faster than the KR market (9.9% per year).

High Growth Revenue: A240810's revenue (14% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A240810's Return on Equity is forecast to be low in 3 years time (16%).


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Past Performance

How has Wonik Ips performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


12.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A240810 has a high level of non-cash earnings.

Growing Profit Margin: A240810's current net profit margins (11.9%) are higher than last year (9.4%).


Past Earnings Growth Analysis

Earnings Trend: A240810's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: A240810's earnings growth over the past year (28.6%) exceeds its 5-year average (12% per year).

Earnings vs Industry: A240810 earnings growth over the past year (28.6%) underperformed the Semiconductor industry 48%.


Return on Equity

High ROE: A240810's Return on Equity (17.5%) is considered low.


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Financial Health

How is Wonik Ips's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: A240810's short term assets (₩705.4B) exceed its short term liabilities (₩379.1B).

Long Term Liabilities: A240810's short term assets (₩705.4B) exceed its long term liabilities (₩14.1B).


Debt to Equity History and Analysis

Debt Level: A240810 is debt free.

Reducing Debt: A240810 has no debt compared to 5 years ago when its debt to equity ratio was 4.9%.

Debt Coverage: A240810 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: A240810 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Wonik Ips's 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

  • Cash Flow Coverage


1.02%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A240810's dividend (1.02%) is higher than the bottom 25% of dividend payers in the KR market (0.93%).

High Dividend: A240810's dividend (1.02%) is low compared to the top 25% of dividend payers in the KR market (2.95%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, A240810 has been paying a dividend for less than 10 years.

Growing Dividend: A240810's dividend payments have increased, but the company has only paid a dividend for 2 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (10.3%), A240810's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (566.5%), A240810's dividend payments are not well covered by cash flows.


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Management

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

3.4yrs

Average board tenure


CEO

Hyeon-Deok Lee (61 yo)

3.58yrs

Tenure

Mr. Hyeon-Deok Lee is the Chief Executive Officer at Wonik Ips Co., Ltd since 2019 and has been its Director since February 2019.


Board Members

Experienced Board: A240810's board of directors are considered experienced (3.4 years average tenure).


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

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


Key Information

  • Name: Wonik Ips Co., Ltd
  • Ticker: A240810
  • Exchange: KOSDAQ
  • Founded: 1991
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Implied Market Cap: ₩1.417t
  • Shares outstanding: 48.26m
  • Website: https://www.ips.co.kr

Number of Employees


Location

  • Wonik Ips Co., Ltd
  • 75, Jinwisandan-ro
  • Jinwi-myeon
  • Pyeongtaek-Si
  • Gyeonggi-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 Analysis2022/08/14 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/03/31
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.