New Risk • Jun 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩40,000, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 23x in the Semiconductor industry in South Korea. Total returns to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩37,939 per share. Buy Or Sell Opportunity • Jun 02
Now 20% undervalued Over the last 90 days, the stock has risen 14% to ₩30,200. The fair value is estimated to be ₩37,939, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 225% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩31,550, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Semiconductor industry in South Korea. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩37,939 per share. Reported Earnings • May 21
First quarter 2026 earnings released: EPS: ₩626 (vs ₩593 in 1Q 2025) First quarter 2026 results: EPS: ₩626 (up from ₩593 in 1Q 2025). Revenue: ₩256.2b (up 11% from 1Q 2025). Net income: ₩16.5b (up 5.5% from 1Q 2025). Profit margin: 6.4% (down from 6.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 35% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Major Estimate Revision • May 13
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₩1.12b to ₩1.05b. EPS estimate also fell from ₩2,047 per share to ₩1,833 per share. Net income forecast to grow 113% next year vs 77% growth forecast for Semiconductor industry in South Korea. Consensus price target up from ₩38,667 to ₩44,667. Share price fell 4.5% to ₩37,400 over the past week. Buy Or Sell Opportunity • Apr 24
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 59% to ₩38,950. The fair value is estimated to be ₩31,242, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has declined by 14%. Revenue is forecast to grow by 29% in 2 years. Earnings are forecast to grow by 190% in the next 2 years. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩36,100, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 22x in the Semiconductor industry in South Korea. Total returns to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩31,242 per share. Price Target Changed • Mar 08
Price target increased by 21% to ₩35,000 Up from ₩29,000, the current price target is an average from 4 analysts. New target price is 5.0% below last closing price of ₩36,850. Stock is up 109% over the past year. The company is forecast to post earnings per share of ₩943 for next year compared to ₩1,934 last year. Tillkännagivande • Mar 07
Wonik QnC Corporation, Annual General Meeting, Mar 31, 2026 Wonik QnC Corporation, Annual General Meeting, Mar 31, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 14, 5gongdan 3-ro, sandong-eup, gyeongsangbuk-do, gumi South Korea Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩36,850, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩30,929 per share. Buy Or Sell Opportunity • Mar 05
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 43% to ₩30,700. The fair value is estimated to be ₩24,327, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 134% in the next 2 years. Buy Or Sell Opportunity • Feb 09
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 30% to ₩30,200. The fair value is estimated to be ₩24,327, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 134% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩26,700, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Semiconductor industry in South Korea. Total returns to shareholders of 6.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩24,064 per share. Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 24 April 2026. Payout ratio is a comfortable 9.6% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (3.6%). In line with average of industry peers (0.4%). New Risk • Nov 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 37% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Major Estimate Revision • Nov 14
Consensus EPS estimates fall by 13% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₩1,024 to ₩895 per share. Revenue forecast steady at ₩930.6m. Net income forecast to grow 18% next year vs 43% growth forecast for Semiconductor industry in South Korea. Consensus price target broadly unchanged at ₩28,250. Share price fell 6.9% to ₩21,000 over the past week. Declared Dividend • Nov 08
Dividend of ₩100.00 announced Dividend of ₩100.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 24th April 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.0%. Tillkännagivande • Nov 07
Wonik QnC Corporation announces Annual dividend, payable on April 24, 2026 Wonik QnC Corporation announced Annual dividend of KRW 100.0000 per share payable on April 24, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩20,350, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Semiconductor industry in South Korea. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩22,242 per share. Buy Or Sell Opportunity • Sep 01
Now 23% undervalued Over the last 90 days, the stock has risen 4.2% to ₩17,210. The fair value is estimated to be ₩22,242, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 106% in the next 2 years. Major Estimate Revision • Aug 21
Consensus EPS estimates fall by 22% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩954.7m to ₩934.1m. EPS estimate also fell from ₩1,311 per share to ₩1,024 per share. Net income forecast to shrink 30% next year vs 16% growth forecast for Semiconductor industry in South Korea . Consensus price target down from ₩30,000 to ₩29,333. Share price fell 6.3% to ₩17,230 over the past week. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩15,420, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Semiconductor industry in South Korea. Total loss to shareholders of 43% over the past three years. Reported Earnings • Mar 21
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: ₩1,934 (up from ₩1,451 in FY 2023). Revenue: ₩891.5b (up 11% from FY 2023). Net income: ₩50.8b (up 33% from FY 2023). Profit margin: 5.7% (up from 4.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.5%. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩20,750, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩40,906 per share. Major Estimate Revision • Mar 05
Consensus EPS estimates fall by 36% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩998.9m to ₩934.5m. EPS estimate also fell from ₩3,075 per share to ₩1,982 per share. Net income forecast to grow 6.5% next year vs 63% growth forecast for Semiconductor industry in South Korea. Consensus price target of ₩36,000 unchanged from last update. Share price fell 11% to ₩18,350 over the past week. Tillkännagivande • Feb 28
Wonik QnC Corporation, Annual General Meeting, Mar 25, 2025 Wonik QnC Corporation, Annual General Meeting, Mar 25, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 14, 5gongdan 3-ro, sandong-eup, gyeongsangbuk-do, gumi South Korea Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩20,850, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩41,079 per share. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩20,750, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩41,079 per share. Upcoming Dividend • Dec 20
Upcoming dividend of ₩57.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 25 April 2025. Payout ratio is a comfortable 3.1% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (0.8%). Price Target Changed • Nov 15
Price target decreased by 8.1% to ₩39,500 Down from ₩43,000, the current price target is an average from 4 analysts. New target price is 95% above last closing price of ₩20,300. Stock is down 24% over the past year. The company is forecast to post earnings per share of ₩2,027 for next year compared to ₩1,451 last year. Major Estimate Revision • Nov 15
Consensus EPS estimates fall by 27% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩935.4m to ₩895.6m. EPS estimate also fell from ₩2,791 per share to ₩2,047 per share. Net income forecast to grow 92% next year vs 64% growth forecast for Semiconductor industry in South Korea. Consensus price target down from ₩43,000 to ₩41,500. Share price fell 12% to ₩20,300 over the past week. Price Target Changed • Nov 13
Price target decreased by 9.3% to ₩41,500 Down from ₩45,750, the current price target is an average from 4 analysts. New target price is 110% above last closing price of ₩19,800. Stock is down 25% over the past year. The company is forecast to post earnings per share of ₩2,543 for next year compared to ₩1,451 last year. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩19,800, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total loss to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩24,900, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 20% over the past three years. New Risk • Jul 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). New Risk • Jun 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩40,950, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Semiconductor industry in South Korea. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩54,515 per share. Price Target Changed • May 29
Price target increased by 12% to ₩42,000 Up from ₩37,667, the current price target is an average from 4 analysts. New target price is 22% above last closing price of ₩34,300. Stock is up 32% over the past year. The company is forecast to post earnings per share of ₩3,202 for next year compared to ₩1,451 last year. Major Estimate Revision • May 15
Consensus EPS estimates increase by 38% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from ₩928.6m to ₩942.4m. EPS estimate increased from ₩1,946 to ₩2,684 per share. Net income forecast to grow 85% next year vs 58% growth forecast for Semiconductor industry in South Korea. Consensus price target up from ₩37,667 to ₩39,333. Share price fell 3.8% to ₩34,550 over the past week. Price Target Changed • Apr 24
Price target increased by 8.4% to ₩37,667 Up from ₩34,750, the current price target is an average from 3 analysts. New target price is 23% above last closing price of ₩30,600. Stock is up 26% over the past year. The company is forecast to post earnings per share of ₩1,946 for next year compared to ₩1,451 last year. Reported Earnings • Mar 22
Full year 2023 earnings released: EPS: ₩1,451 (vs ₩2,048 in FY 2022) Full year 2023 results: EPS: ₩1,451 (down from ₩2,048 in FY 2022). Revenue: ₩805.9b (up 2.9% from FY 2022). Net income: ₩38.1b (down 29% from FY 2022). Profit margin: 4.7% (down from 6.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Price Target Changed • Mar 08
Price target increased by 7.4% to ₩37,333 Up from ₩34,750, the current price target is an average from 3 analysts. New target price is 23% above last closing price of ₩30,300. Stock is up 36% over the past year. The company is forecast to post earnings per share of ₩1,287 for next year compared to ₩2,048 last year. Major Estimate Revision • Mar 08
Consensus EPS estimates fall by 34%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ₩951.9m to ₩973.6m. EPS estimate fell from ₩2,995 to ₩1,991 per share. Net income forecast to grow 111% next year vs 69% growth forecast for Semiconductor industry in South Korea. Consensus price target up from ₩34,750 to ₩37,333. Share price rose 8.0% to ₩30,300 over the past week. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩32,200, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 55% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩150 per share at 0.6% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.0%). Major Estimate Revision • Dec 07
Consensus EPS estimates fall by 36% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩840.2m to ₩783.4m. EPS estimate also fell from ₩2,553 per share to ₩1,628 per share. Net income forecast to grow 200% next year vs 87% growth forecast for Semiconductor industry in South Korea. Consensus price target down from ₩36,750 to ₩36,000. Share price was steady at ₩26,500 over the past week. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩11.00 (vs ₩789 in 3Q 2022) Third quarter 2023 results: EPS: ₩11.00 (down from ₩789 in 3Q 2022). Revenue: ₩179.1b (down 12% from 3Q 2022). Net income: ₩278.6m (down 99% from 3Q 2022). Profit margin: 0.2% (down from 10% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 27
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: ₩2,048 (down from ₩2,235 in FY 2021). Revenue: ₩783.2b (up 26% from FY 2021). Net income: ₩53.8b (down 8.4% from FY 2021). Profit margin: 6.9% (down from 9.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 21
Upcoming dividend of ₩150 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 27 April 2023. Payout ratio is a comfortable 5.3% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.8%). Price Target Changed • Nov 16
Price target decreased to ₩39,250 Down from ₩42,250, the current price target is an average from 4 analysts. New target price is 42% above last closing price of ₩27,700. Stock is up 7.0% over the past year. The company is forecast to post earnings per share of ₩3,155 for next year compared to ₩2,235 last year. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩21,950, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Semiconductor industry in South Korea. Total returns to shareholders of 91% over the past three years. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩25,000, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Semiconductor industry in South Korea. Total returns to shareholders of 131% over the past three years. Price Target Changed • May 06
Price target increased to ₩37,500 Up from ₩34,500, the current price target is an average from 3 analysts. New target price is 12% above last closing price of ₩33,400. Stock is up 20% over the past year. The company is forecast to post earnings per share of ₩2,804 for next year compared to ₩2,235 last year. Major Estimate Revision • Mar 24
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩3,166 to ₩2,782. Revenue forecast unchanged from ₩715.9m at last update. Net income forecast to grow 29% next year vs 34% growth forecast for Semiconductor industry in South Korea. Consensus price target of ₩36,000 unchanged from last update. Share price was steady at ₩26,000 over the past week. Price Target Changed • Oct 28
Price target increased to ₩37,200 Up from ₩34,500, the current price target is an average from 5 analysts. New target price is 50% above last closing price of ₩24,750. Stock is up 61% over the past year. The company is forecast to post earnings per share of ₩2,223 for next year compared to ₩982 last year. Price Target Changed • Aug 03
Price target increased to ₩37,400 Up from ₩34,500, the current price target is an average from 5 analysts. New target price is 18% above last closing price of ₩31,650. Stock is up 102% over the past year. Price Target Changed • Jun 14
Price target increased to ₩33,286 Up from ₩30,375, the current price target is an average from 7 analysts. New target price is 21% above last closing price of ₩27,550. Stock is up 121% over the past year. Price Target Changed • Jun 02
Price target increased to ₩31,625 Up from ₩29,125, the current price target is an average from 8 analysts. New target price is 13% above last closing price of ₩27,950. Stock is up 92% over the past year. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS ₩982 (vs ₩99.00 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₩525.6b (up 100% from FY 2019). Net income: ₩25.8b (up ₩23.2b from FY 2019). Profit margin: 4.9% (up from 1.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Price Target Changed • Mar 26
Price target increased to ₩24,714 Up from ₩22,857, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of ₩23,750. Stock is up 107% over the past year. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improved over the past week After last week's 20% share price gain to ₩24,350, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩43,008 per share. Is New 90 Day High Low • Mar 10
New 90-day low: ₩18,350 The company is down 3.0% from its price of ₩18,850 on 10 December 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩44,114 per share. Is New 90 Day High Low • Jan 25
New 90-day high: ₩22,200 The company is up 54% from its price of ₩14,450 on 27 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 50% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩44,081 per share. Price Target Changed • Dec 20
Price target raised to ₩21,714 Up from ₩19,143, the current price target is an average from 7 analysts. The new target price is close to the current share price of ₩21,000. As of last close, the stock is up 37% over the past year. Is New 90 Day High Low • Dec 16
New 90-day high: ₩19,450 The company is up 10.0% from its price of ₩17,650 on 16 September 2020. The South Korean market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩34,129 per share. Is New 90 Day High Low • Nov 26
New 90-day high: ₩18,650 The company is up 31% from its price of ₩14,250 on 28 August 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩28,789 per share. Major Estimate Revision • Nov 14
Analysts update estimates The 2020 consensus earning per share (EPS) estimate was lowered from ₩1,415 to ₩1,211. Revenue estimate was approximately flat at ₩537.5m. Net income is expected to grow by 45% next year compared to 88% growth forecast for the Semiconductor industry in South Korea. The consensus price target increased from ₩19,143 to ₩20,286. Share price is down by 6.2% to ₩15,250 over the past week.