Korean AirlinesLtd Future Growth

Future criteria checks 1/6

Korean AirlinesLtd is forecast to grow earnings and revenue by 4.3% and 4.2% per annum respectively. EPS is expected to grow by 0.4% per annum. Return on equity is forecast to be 9.2% in 3 years.

Key information

4.3%

Earnings growth rate

0.4%

EPS growth rate

Airlines earnings growth	9.8%
Revenue growth rate	4.2%
Future return on equity	9.2%
Analyst coverage	Good
Last updated	25 Apr 2024

Recent future growth updates

Recent updates

Shareholders Of Korean Air Lines (KRX:003490) Must Be Happy With Their 84% Return

Feb 25

Calculating The Fair Value Of Korean Air Lines Co., Ltd. (KRX:003490)

Feb 04

Korean Air Lines (KRX:003490) Use Of Debt Could Be Considered Risky

Jan 14

What Is The Ownership Structure Like For Korean Air Lines Co., Ltd. (KRX:003490)?

Dec 24

At ₩26,050, Is It Time To Put Korean Air Lines Co., Ltd. (KRX:003490) On Your Watch List?

Dec 03

Earnings and Revenue Growth Forecasts

KOSE:A003490 - Analysts future estimates and past financials data (KRW Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	18,204,200	1,080,200	1,786,000	3,680,600	5
12/31/2025	17,895,650	1,295,467	1,844,200	3,406,291	12
12/31/2024	17,480,100	1,156,192	2,057,800	3,459,883	10
12/31/2023	16,111,796	1,058,543	2,175,549	4,092,465	N/A
9/30/2023	15,598,049	1,338,486	2,949,915	4,458,314	N/A
6/30/2023	15,259,787	1,326,570	3,678,528	4,709,170	N/A
3/31/2023	14,803,871	1,420,600	4,636,675	5,606,154	N/A
12/31/2022	14,096,095	1,724,410	4,809,104	5,572,422	N/A
9/30/2022	13,123,951	1,778,363	4,939,143	5,446,302	N/A
6/30/2022	11,516,703	1,487,929	4,824,031	5,291,414	N/A
3/31/2022	10,108,265	1,151,818	3,761,989	4,122,938	N/A
12/31/2021	9,016,825	560,947	3,166,034	3,514,196	N/A
9/30/2021	8,019,309	-22,926	2,328,593	2,770,534	N/A
6/30/2021	7,314,058	-169,074	1,786,847	2,138,201	N/A
3/31/2021	7,022,170	-184,929	1,629,477	1,936,858	N/A
12/31/2020	7,610,531	-862,628	760,290	1,376,704	N/A
9/30/2020	8,646,745	-639,932	817,496	1,434,235	N/A
6/30/2020	10,372,689	-850,247	392,655	1,383,893	N/A
3/31/2020	11,634,896	-1,369,607	51,625	1,451,836	N/A
12/31/2019	12,384,264	-749,586	1,103,627	2,287,889	N/A
9/30/2019	12,724,082	-902,345	1,209,775	2,476,560	N/A
6/30/2019	12,917,740	-396,143	1,499,932	2,747,827	N/A
3/31/2019	13,040,188	-311,155	1,817,539	2,804,592	N/A
12/31/2018	13,011,645	-168,481	1,517,092	2,792,634	N/A
9/30/2018	12,832,677	316,828	1,479,694	2,753,913	N/A
6/30/2018	12,528,733	122,514	1,203,954	2,605,914	N/A
3/31/2018	12,328,209	223,439	892,521	2,734,554	N/A
12/31/2017	12,092,211	791,510	930,924	2,806,751	N/A
9/30/2017	11,914,391	-229,099	N/A	2,644,807	N/A
6/30/2017	11,818,412	213,466	N/A	2,801,147	N/A
3/31/2017	11,730,896	170,395	N/A	2,881,038	N/A
12/31/2016	11,731,853	-564,882	N/A	2,806,256	N/A
9/30/2016	11,717,637	206,382	N/A	3,332,822	N/A
6/30/2016	11,572,311	-803,913	N/A	3,071,737	N/A
3/31/2016	11,540,545	-635,758	N/A	2,947,868	N/A
12/31/2015	11,544,831	-402,879	N/A	2,728,023	N/A
9/30/2015	11,580,020	-954,019	N/A	2,257,824	N/A
6/30/2015	11,772,555	-517,936	N/A	2,342,320	N/A
3/31/2015	11,884,103	-104,137	N/A	2,167,421	N/A
12/31/2014	11,909,749	-307,279	N/A	1,863,564	N/A
9/30/2014	11,941,053	58,000	N/A	1,927,106	N/A
6/30/2014	11,959,208	734,287	N/A	2,001,562	N/A
3/31/2014	11,900,147	-28,126	N/A	1,968,879	N/A
12/31/2013	11,848,708	-198,683	N/A	1,949,345	N/A
9/30/2013	11,858,306	-6,371	N/A	1,889,614	N/A
6/30/2013	11,969,014	-298,200	N/A	1,968,658	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A003490's forecast earnings growth (4.3% per year) is above the savings rate (2.5%).

Earnings vs Market: A003490's earnings (4.3% per year) are forecast to grow slower than the KR market (28.4% per year).

High Growth Earnings: A003490's earnings are forecast to grow, but not significantly.

Revenue vs Market: A003490's revenue (4.2% per year) is forecast to grow slower than the KR market (9.1% per year).

High Growth Revenue: A003490's revenue (4.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: A003490's Return on Equity is forecast to be low in 3 years time (9.2%).

Korean AirlinesLtd Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 15%

Price target decreased by 8.4% to ₩30,400

Consensus EPS estimates increase by 41%

Consensus forecasts updated

Price target decreased to ₩36,556

Forecast breakeven date pushed back to 2022

Recent updates

Is Korean Air Lines (KRX:003490) A Risky Investment?

Insufficient new directors

We Think You Can Look Beyond Korean Air Lines' (KRX:003490) Lackluster Earnings

Full year 2023 earnings released: EPS: ₩2,866 (vs ₩4,787 in FY 2022)

Korean Air's Asiana Acquisition Receives Conditional EU Approval

New major risk - Revenue and earnings growth

Korean Air-Asiana Deal Reportedly Set to Win EU Antitrust Nod

Upcoming dividend of ₩750 per share at 3.2% yield

Consensus EPS estimates increase by 15%

Korean Air Lines Reportedly Offer to Sell Asiana Airlines’ Air Cargo Business, Routes to Satisfy EU Regulators

Price target decreased by 8.4% to ₩30,400

New major risk - Revenue and earnings growth

New minor risk - Profit margin trend

Now 21% undervalued

Consensus EPS estimates increase by 41%

First quarter 2023 earnings released: EPS: ₩631 (vs ₩1,521 in 1Q 2022)

Third quarter 2022 earnings released: EPS: ₩1,064 (vs ₩293 in 3Q 2021)

High number of new directors

Consensus forecasts updated

Price target decreased to ₩36,556

High number of new directors

Forecast breakeven date pushed back to 2022

Third quarter 2021 earnings released: EPS ₩293 (vs ₩226 loss in 3Q 2020)

Forecast breakeven moved forward to 2021

Forecast breakeven moved forward to 2021

Consensus forecasts updated

Price target increased to ₩35,636

Consensus forecasts updated

First quarter 2021 earnings released: ₩248 loss per share (vs ₩6,214 loss in 1Q 2020)

Forecast breakeven moved forward to 2021

Is Korean Air Lines Co., Ltd. (KRX:003490) At Risk Of Cutting Its Dividend?

Korean Air Lines Co., Ltd.'s (KRX:003490) Shift From Loss To Profit

Price target increased to ₩29,667

When Should You Buy Korean Air Lines Co., Ltd. (KRX:003490)?

Korean Air Lines Co., Ltd., Annual General Meeting, Mar 26, 2021

Shareholders Of Korean Air Lines (KRX:003490) Must Be Happy With Their 84% Return

Calculating The Fair Value Of Korean Air Lines Co., Ltd. (KRX:003490)

Analysts update estimates

Korean Air Lines (KRX:003490) Use Of Debt Could Be Considered Risky

New 90-day high: ₩29,100

What Is The Ownership Structure Like For Korean Air Lines Co., Ltd. (KRX:003490)?

New 90-day high: ₩27,750

Analysts update estimates

At ₩26,050, Is It Time To Put Korean Air Lines Co., Ltd. (KRX:003490) On Your Watch List?

Creditors' Plan to Sell Asiana Airlines to Korean Air Lines Faces Bumpy Road

Korean Air Confirms Plan to Buy Asiana Airlines

Hanjin Group Reportedly Is in Talks with Asiana Airlines to Aquire

New 90-day high: ₩21,800

New 90-day high: ₩21,150

New 90-day high: ₩19,800

Analysts update estimates

Hahn & Company completed the acquisition of In-Flight Duty Free And Meal Service Units of Korean Air Lines Co.,Ltd. (KOSE:A003490).

First half earnings released

Korean Air Lines Co.,Ltd. has completed a Follow-on Equity Offering in the amount of KRW 1.126984 trillion.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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