Pan Ocean Co., Ltd., together with its subsidiaries, provides marine transportation and other related services worldwide. More Details
Moderate growth potential with mediocre balance sheet.
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 +/- 7% a week.
Volatility Over Time: A028670's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: A028670 underperformed the KR Shipping industry which returned 342.4% over the past year.
Return vs Market: A028670 exceeded the KR Market which returned 50.4% over the past year.
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
1 month ago | Simply Wall StCalculating The Fair Value Of Pan Ocean Co., Ltd. (KRX:028670)
2 months ago | Simply Wall StPan Ocean Co., Ltd.'s (KRX:028670) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
2 months ago | Simply Wall StIs Pan Ocean (KRX:028670) Using Too Much Debt?
Is Pan Ocean undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: A028670 (₩7390) is trading below our estimate of fair value (₩8458.06)
Significantly Below Fair Value: A028670 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: A028670 is poor value based on its PE Ratio (43.4x) compared to the KR Shipping industry average (24.3x).
PE vs Market: A028670 is poor value based on its PE Ratio (43.4x) compared to the KR market (19x).
Price to Earnings Growth Ratio
PEG Ratio: A028670 is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: A028670 is overvalued based on its PB Ratio (1.3x) compared to the KR Shipping industry average (1x).
How is Pan Ocean forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: A028670's forecast earnings growth (30.1% per year) is above the savings rate (3.6%).
Earnings vs Market: A028670's earnings (30.1% per year) are forecast to grow faster than the KR market (14.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: A028670's revenue (9.2% per year) is forecast to grow slower than the KR market (9.5% per year).
High Growth Revenue: A028670's revenue (9.2% 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 (8.4%).
How has Pan Ocean performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: A028670 has high quality earnings.
Growing Profit Margin: A028670's current net profit margins (3.7%) are lower than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: A028670's earnings have grown by 10.4% per year over the past 5 years.
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 (-39.8%) over the past year, making it difficult to compare to the Shipping industry average (4.1%).
Return on Equity
High ROE: A028670's Return on Equity (3%) is considered low.
How is Pan Ocean's financial position?
Financial Position Analysis
Short Term Liabilities: A028670's short term assets ($608.9M) exceed its short term liabilities ($555.4M).
Long Term Liabilities: A028670's short term assets ($608.9M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: A028670's debt to equity ratio (51%) is considered high.
Reducing Debt: A028670's debt to equity ratio has increased from 3.9% to 51% over the past 5 years.
Debt Coverage: A028670's debt is well covered by operating cash flow (30.3%).
Interest Coverage: A028670's interest payments on its debt are well covered by EBIT (4.7x coverage).
What is Pan Ocean current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: A028670's dividend (0.67%) is higher than the bottom 25% of dividend payers in the KR market (0.65%).
High Dividend: A028670's dividend (0.67%) is low compared to the top 25% of dividend payers in the KR market (2.11%).
Stability and Growth of Payments
Stable Dividend: A028670's dividend payments have been volatile in the past 10 years.
Growing Dividend: A028670's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.8%), A028670's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: A028670's dividends in 3 years are forecast to be thoroughly covered by earnings (12.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hong-Kuk Kim (63 yo)
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...
Experienced Board: A028670's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pan Ocean Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Pan Ocean Co., Ltd.
- Ticker: A028670
- Exchange: KOSE
- Founded: 1966
- Industry: Marine
- Sector: Transportation
- Market Cap: ₩3.950t
- Shares outstanding: 534.57m
- Website: https://www.panocean.com
- Pan Ocean Co., Ltd.
- Tower 8
- 7, Jong-ro 5-gil
- South Korea
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/20 08:58|
|End of Day Share Price||2021/06/18 00:00|
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.