New Risk • nyss
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩22,000, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 27x in the Semiconductor industry in South Korea. Total returns to shareholders of 170% over the past three years. Reported Earnings • Mar 21
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₩1,644 (up from ₩1,570 in FY 2024). Revenue: ₩107.9b (down 7.5% from FY 2024). Net income: ₩30.4b (up 5.0% from FY 2024). Profit margin: 28% (up from 25% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 42% per year. Buy Or Sell Opportunity • Mar 19
Now 21% undervalued Over the last 90 days, the stock has risen 56% to ₩21,750. The fair value is estimated to be ₩27,386, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has grown by 50%. Tillkännagivande • Mar 12
DIT Corp., Annual General Meeting, Mar 25, 2026 DIT Corp., Annual General Meeting, Mar 25, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 355-50, gajang-ro, jeongnam-myeon, gyeonggi-do, hwaseong South Korea Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩22,650, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 227% over the past three years. New Risk • Mar 04
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 11% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Buy Or Sell Opportunity • Mar 03
Now 21% undervalued Over the last 90 days, the stock has risen 48% to ₩21,750. The fair value is estimated to be ₩27,430, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has grown by 50%. Buy Or Sell Opportunity • Feb 10
Now 23% undervalued Over the last 90 days, the stock has risen 42% to ₩21,550. The fair value is estimated to be ₩27,859, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has grown by 50%. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₩21,900, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 271% over the past three years. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₩18,390, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 18x in the Semiconductor industry in South Korea. Total returns to shareholders of 225% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩380 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 April 2026. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.4%). Declared Dividend • Nov 08
Dividend of ₩380 announced Dividend of ₩380 is the same as last year. Ex-date: 29th December 2025 Payment date: 27th April 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 21% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 46% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Tillkännagivande • Nov 07
DIT Corp. announces Annual dividend, payable on April 27, 2026 DIT Corp. announced Annual dividend of KRW 380.0000 per share payable on April 27, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩17,300, the stock trades at a trailing P/E ratio of 10.3x. Average forward P/E is 16x in the Semiconductor industry in South Korea. Total returns to shareholders of 207% over the past three years. New Risk • Sep 10
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 7.8% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩13,410, the stock trades at a trailing P/E ratio of 8x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩15,610, the stock trades at a trailing P/E ratio of 9.5x. Average forward P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 135% over the past three years. Buy Or Sell Opportunity • Jul 10
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to ₩14,800. The fair value is estimated to be ₩12,146, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩12,510, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Semiconductor industry in South Korea. Total returns to shareholders of 58% over the past three years. Buy Or Sell Opportunity • Mar 25
Now 23% undervalued Over the last 90 days, the stock has risen 18% to ₩15,160. The fair value is estimated to be ₩19,632, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 21% in a year. Earnings are forecast to grow by 33% in the next year. Reported Earnings • Mar 22
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: ₩1,570 (up from ₩719 in FY 2023). Revenue: ₩116.7b (up 9.0% from FY 2023). Net income: ₩28.9b (up 120% from FY 2023). Profit margin: 25% (up from 12% in FY 2023). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Mar 12
DIT Corp., Annual General Meeting, Mar 26, 2025 DIT Corp., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 355-50, gajang-ro, jeongnam-myeon, gyeonggi-do, hwaseong South Korea Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩15,550, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩18,340, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 135% over the past three years. New Risk • Jan 22
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 9.8% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩16,370, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Total returns to shareholders of 83% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩180 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 21 April 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (0.8%). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₩12,750, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Semiconductor industry in South Korea. Total returns to shareholders of 60% over the past three years. Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: ₩217 (vs ₩337 in 3Q 2023) Third quarter 2024 results: EPS: ₩217 (down from ₩337 in 3Q 2023). Revenue: ₩16.5b (down 47% from 3Q 2023). Net income: ₩4.01b (down 35% from 3Q 2023). Profit margin: 24% (up from 20% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩11,600, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 22% over the past three years. Buy Or Sell Opportunity • Nov 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to ₩13,770. The fair value is estimated to be ₩17,340, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 91%. Revenue is forecast to grow by 3.5% in a year. Earnings are forecast to grow by 26% in the next year. Buy Or Sell Opportunity • Oct 11
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 37% to ₩14,250. The fair value is estimated to be ₩19,525, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 91%. Revenue is forecast to grow by 3.5% in a year. Earnings are forecast to grow by 26% in the next year. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩15,630, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Total returns to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩15,300, 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 35% over the past three years. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩20,200, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 24x in the Semiconductor industry in South Korea. Total returns to shareholders of 94% over the past three years. New Risk • Apr 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (474% cash payout ratio). Reported Earnings • Mar 22
Full year 2023 earnings released: EPS: ₩719 (vs ₩508 in FY 2022) Full year 2023 results: EPS: ₩719 (up from ₩508 in FY 2022). Revenue: ₩107.1b (down 19% from FY 2022). Net income: ₩13.2b (up 42% from FY 2022). Profit margin: 12% (up from 7.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩20,850, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 21x in the Semiconductor industry in South Korea. Total returns to shareholders of 136% over the past three years. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩22,450, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 19x in the Semiconductor industry in South Korea. Total returns to shareholders of 161% over the past three years. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₩22,600, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 149% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩300 per share at 1.6% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.0%). Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩19,090, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 16x in the Semiconductor industry in South Korea. Total returns to shareholders of 215% over the past three years. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩337 (vs ₩185 in 3Q 2022) Third quarter 2023 results: EPS: ₩337 (up from ₩185 in 3Q 2022). Revenue: ₩30.8b (down 20% from 3Q 2022). Net income: ₩6.17b (up 83% from 3Q 2022). Profit margin: 20% (up from 8.8% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩15,120, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 158% over the past three years. New Risk • Oct 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₩14,730, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 145% over the past three years. New Risk • Aug 05
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 9.5% 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 Earnings have declined by 31% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (96% cash payout ratio). Share price has been volatile over the past 3 months (9.5% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₩12,970, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 99% over the past three years. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩10,100, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩9,930, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 58% over the past three years. Buying Opportunity • Apr 24
Now 25% undervalued Over the last 90 days, the stock is up 44%. The fair value is estimated to be ₩11,404, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩9,800, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩7,300, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 11x in the Semiconductor industry in South Korea. Total loss to shareholders of 17% over the past three years. Buying Opportunity • Feb 10
Now 21% undervalued Over the last 90 days, the stock is up 3.0%. The fair value is estimated to be ₩7,907, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.5% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩6,200, the stock trades at a trailing P/E ratio of 62.7x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 32% over the past three years. Reported Earnings • Nov 15
Third quarter 2021 earnings released: ₩130 loss per share (vs ₩88.00 loss in 3Q 2020) The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: ₩12.1b (up 307% from 3Q 2020). Net loss: ₩2.35b (loss widened 45% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 15
New 90-day high: ₩9,980 The company is up 57% from its price of ₩6,370 on 16 October 2020. The South Korean market is up 32% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 41% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: ₩9,590 The company is up 54% from its price of ₩6,240 on 29 September 2020. The South Korean market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 27% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩200 Per Share Will be paid on the 17th of April to those who are registered shareholders by the 29th of December. The trailing yield of 2.8% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (0.8%). Is New 90 Day High Low • Dec 10
New 90-day high: ₩7,180 The company is up 14% from its price of ₩6,300 on 11 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 33% over the same period. Is New 90 Day High Low • Oct 26
New 90-day low: ₩6,110 The company is down 12% from its price of ₩6,930 on 28 July 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 flat over the same period.