KOSE:A028670

Stock Analysis Report

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Executive Summary

Pan Ocean Co., Ltd., together with its subsidiaries, provides marine transportation and other related services worldwide. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: A028670 is not significantly more volatile than the rest of KR stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: A028670's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-1.0%

A028670

2.2%

KR Shipping

3.0%

KR Market


1 Year Return

0.6%

A028670

73.7%

KR Shipping

28.7%

KR Market

Return vs Industry: A028670 underperformed the KR Shipping industry which returned 73.7% over the past year.

Return vs Market: A028670 underperformed the KR Market which returned 28.7% over the past year.


Shareholder returns

A028670IndustryMarket
7 Day-1.0%2.2%3.0%
30 Day18.6%34.3%15.7%
90 Day24.6%68.4%12.3%
1 Year0.6%0.6%74.3%73.7%31.6%28.7%
3 Year-30.2%-30.2%30.4%29.1%15.6%7.6%
5 Year18.1%18.1%-37.5%-43.3%42.2%25.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Pan Ocean undervalued compared to its fair value and its price relative to the market?

17.99x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: A028670 (₩4250) is trading above our estimate of fair value (₩3857.74)

Significantly Below Fair Value: A028670 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: A028670 is poor value based on its PE Ratio (18x) compared to the KR Shipping industry average (17.3x).

PE vs Market: A028670 is good value based on its PE Ratio (18x) compared to the KR market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: A028670 is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: A028670's PB Ratio (0.8x) is in line with the KR Shipping industry average.


Next Steps

Future Growth

How is Pan Ocean forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

18.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A028670's forecast earnings growth (18.6% per year) is above the savings rate (3.9%).

Earnings vs Market: A028670's earnings (18.6% per year) are forecast to grow slower than the KR market (31.3% per year).

High Growth Earnings: A028670's earnings are forecast to grow, but not significantly.

Revenue vs Market: A028670's revenue (8.8% per year) is forecast to grow slower than the KR market (10.8% per year).

High Growth Revenue: A028670's revenue (8.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A028670's Return on Equity is forecast to be low in 3 years time (6.2%).


Next Steps

Past Performance

How has Pan Ocean performed over the past 5 years?

7.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A028670 has high quality earnings.

Growing Profit Margin: A028670's current net profit margins (5.4%) are lower than last year (6.3%).


Past Earnings Growth Analysis

Earnings Trend: A028670 has become profitable over the past 5 years, growing earnings by 7.7% per year.

Accelerating Growth: A028670's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: A028670 had negative earnings growth (-16.8%) over the past year, making it difficult to compare to the Shipping industry average (9.4%).


Return on Equity

High ROE: A028670's Return on Equity (4.3%) is considered low.


Next Steps

Financial Health

How is Pan Ocean's financial position?


Financial Position Analysis

Short Term Liabilities: A028670's short term assets ($560.2M) exceed its short term liabilities ($514.7M).

Long Term Liabilities: A028670's short term assets ($560.2M) do not cover its long term liabilities ($1.1B).


Debt to Equity History and Analysis

Debt Level: A028670's debt to equity ratio (50.2%) is considered high.

Reducing Debt: A028670's debt to equity ratio has increased from 15.3% to 50.2% over the past 5 years.

Debt Coverage: A028670's debt is well covered by operating cash flow (30%).

Interest Coverage: A028670's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Pan Ocean current dividend yield, its reliability and sustainability?

1.41%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate A028670's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate A028670's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if A028670's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if A028670's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: A028670 is not paying a notable dividend for the KR market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of A028670's dividend in 3 years as they are not forecast to pay a notable one for the KR market.


Next Steps

Management

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

2.7yrs

Average board tenure


CEO

Hong-Kuk Kim (63 yo)

5.33yrs

Tenure

Mr. Hong Kuk Kim serves as the Chairman and Chief Executive Officer of Halim & Co., Ltd. Mr. Kim serves as the Chief Executive Officer of SunJin Holdings Co.,Ltd. and Harim Holdings Co.,Ltd. He serves as C...


Board Members

NamePositionTenureCompensationOwnership
Hong-Kuk Kim
Chairman & CEO5.33yrsno data0.00040%
$ 8.8m
Joong Ho Ahn
CEO & Director0.67yrno data0.00096%
$ 21.1m
Gi Se
Head of Ethical Management Department & Executive Directorno datano data0.00044%
$ 9.7m
Seung Choi
Independent Director5.33yrsno datano data
Christopher Daniel
Independent Director5.92yrsno datano data
Keum Oh
Independent Director2.67yrsno data0.0014%
$ 31.6m
Kwang Oh
Independent Director1.67yrsno datano data

2.7yrs

Average Tenure

57.5yo

Average Age

Experienced Board: A028670's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Pan Ocean Co., Ltd.
  • Ticker: A028670
  • Exchange: KOSE
  • Founded: 1966
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: ₩2.197t
  • Shares outstanding: 534.57m
  • Website: https://www.panocean.com

Location

  • Pan Ocean Co., Ltd.
  • Tower 8
  • 7, Jong-ro 5-gil
  • Seoul
  • 3157
  • South Korea

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AZYSGX (Singapore Exchange)YesOrdinary SharesSGSGDJul 2005
A028670KOSE (Korea Stock Exchange)YesOrdinary SharesKRKRWJul 2005

Biography

Pan Ocean Co., Ltd., together with its subsidiaries, provides marine transportation and other related services worldwide. It operates through four segments: Bulk Carrier Service, Container Service, Tanker ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/30 08:39
End of Day Share Price2020/11/30 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.