KOSE:A029460

Stock Analysis Report

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Executive Summary

KC Co., Ltd. manufactures and distributes semiconductor systems, display systems, and electronic materials in South Korea and internationally. More Details

Rewards

Trading at 83.2% below our estimate of its fair value

Earnings grew by 28.7% over the past year

Pays a reliable dividend of 0.92%

Risk Analysis

No risks detected for A029460 from our risk checks.


Snowflake Analysis

Undervalued with solid track record and pays a dividend.

Share Price & News

How has KC's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: A029460 is less volatile than 75% of KR stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: A029460's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-2.3%

A029460

-0.8%

KR Semiconductor

0.4%

KR Market


1 Year Return

89.5%

A029460

49.8%

KR Semiconductor

48.3%

KR Market

Return vs Industry: A029460 exceeded the KR Semiconductor industry which returned 47.6% over the past year.

Return vs Market: A029460 exceeded the KR Market which returned 46.1% over the past year.


Shareholder returns

A029460IndustryMarket
7 Day-2.3%-0.8%0.4%
30 Day-8.8%3.1%-3.6%
90 Day5.4%19.2%9.1%
1 Year91.7%89.5%51.2%49.8%52.6%48.3%
3 Year20.4%15.1%57.5%50.4%30.6%21.5%
5 Year193.3%-18.5%199.7%172.1%64.7%44.9%

Long-Term Price Volatility Vs. Market

How volatile is KC's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is KC 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: A029460 (₩27100) is trading below our estimate of fair value (₩161685.67)

Significantly Below Fair Value: A029460 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A029460 is good value based on its PE Ratio (6.3x) compared to the KR Semiconductor industry average (20.6x).

PE vs Market: A029460 is good value based on its PE Ratio (6.3x) compared to the KR market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate A029460's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: A029460 is good value based on its PB Ratio (0.6x) compared to the KR Semiconductor industry average (1.8x).


Next Steps

Future Growth

How is KC forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

10.9%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if A029460's forecast earnings growth is above the savings rate (3.7%).

Earnings vs Market: Insufficient data to determine if A029460's earnings are forecast to grow faster than the KR market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: A029460's revenue (10.9% per year) is forecast to grow slower than the KR market (10.9% per year).

High Growth Revenue: A029460's revenue (10.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if A029460's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has KC performed over the past 5 years?

16.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A029460 has high quality earnings.

Growing Profit Margin: A029460's current net profit margins (10.5%) are higher than last year (8.2%).


Past Earnings Growth Analysis

Earnings Trend: A029460's earnings have grown by 16.2% per year over the past 5 years.

Accelerating Growth: A029460's earnings growth over the past year (28.7%) exceeds its 5-year average (16.2% per year).

Earnings vs Industry: A029460 earnings growth over the past year (28.7%) exceeded the Semiconductor industry 17.3%.


Return on Equity

High ROE: A029460's Return on Equity (10.5%) is considered low.


Next Steps

Financial Health

How is KC's financial position?


Financial Position Analysis

Short Term Liabilities: A029460's short term assets (₩421.4B) exceed its short term liabilities (₩110.2B).

Long Term Liabilities: A029460's short term assets (₩421.4B) exceed its long term liabilities (₩75.3B).


Debt to Equity History and Analysis

Debt Level: A029460's debt to equity ratio (2%) is considered satisfactory.

Reducing Debt: A029460's debt to equity ratio has increased from 0.8% to 2% over the past 5 years.

Debt Coverage: A029460's debt is well covered by operating cash flow (235.3%).

Interest Coverage: A029460 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

0.92%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: A029460's dividend (0.92%) is higher than the bottom 25% of dividend payers in the KR market (0.7%).

High Dividend: A029460's dividend (0.92%) is low compared to the top 25% of dividend payers in the KR market (2.35%).


Stability and Growth of Payments

Stable Dividend: A029460's dividends per share have been stable in the past 10 years.

Growing Dividend: A029460's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (5.8%), A029460's dividend payments are thoroughly 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

Suk-Tai Ko (66 yo)

no data

Tenure

Mr. Suk Tai Ko serves as the Chief Executive Officer and chairman of the Board of K.C.Tech Co. Ltd. Mr. Ko serves as a Director of K.C.Tech Co. He Graduated in chemical Engineering from sungkyunkwan Univer...


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

KC Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: KC Co., Ltd.
  • Ticker: A029460
  • Exchange: KOSE
  • Founded: 1987
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: ₩337.048b
  • Shares outstanding: 12.44m
  • Website: https://www.kctech.com

Location

  • KC Co., Ltd.
  • 30, Je2gongdan 2-gil
  • Miyang-Myeon
  • Anseong-si
  • Gyeonggi-do
  • South Korea

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A029460KOSE (Korea Stock Exchange)YesCommon StockKRKRWDec 1997

Biography

KC Co., Ltd. manufactures and distributes semiconductor systems, display systems, and electronic materials in South Korea and internationally. It offers semiconductor equipment, including chemical mechanic...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 08:35
End of Day Share Price2021/03/05 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.