Valuation Update With 7 Day Price Move • 11h
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩1,617, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 10x in the Building industry in South Korea. Total loss to shareholders of 63% over the past three 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 ₩2,150, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 13x in the Building industry in South Korea. Total loss to shareholders of 38% over the past three years. New Risk • Apr 28
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 14% 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 (2.0x net interest cover). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₩3,445, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 17x in the Building industry in South Korea. Total returns to shareholders of 4.7% over the past three years. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₩2,715, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 10x in the Building industry in South Korea. Total loss to shareholders of 20% over the past three years. Reported Earnings • Mar 24
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₩160 (down from ₩188 in FY 2024). Revenue: ₩575.7b (down 7.6% from FY 2024). Net income: ₩15.5b (down 14% from FY 2024). Profit margin: 2.7% (down from 2.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 37%. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 14% per year. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩1,922, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 13x in the Building industry in South Korea. Total loss to shareholders of 38% over the past three years. Duyuru • Feb 27
Aluko Co., Ltd., Annual General Meeting, Mar 26, 2026 Aluko Co., Ltd., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 220, daehwa-ro, daedeok-gu, daejeon South Korea Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₩14.00 (vs ₩2.00 loss in 3Q 2024) Third quarter 2025 results: EPS: ₩14.00 (up from ₩2.00 loss in 3Q 2024). Revenue: ₩123.4b (down 21% from 3Q 2024). Net income: ₩1.37b (up ₩1.48b from 3Q 2024). Profit margin: 1.1% (up from net loss in 3Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Building industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 19
Second quarter 2025 earnings released: ₩30.00 loss per share (vs ₩57.00 profit in 2Q 2024) Second quarter 2025 results: ₩30.00 loss per share (down from ₩57.00 profit in 2Q 2024). Revenue: ₩165.3b (down 5.3% from 2Q 2024). Net loss: ₩2.93b (down 154% from profit in 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Building 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 fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 22
Full year 2024 earnings released: EPS: ₩188 (vs ₩201 in FY 2023) Full year 2024 results: EPS: ₩188 (down from ₩201 in FY 2023). Revenue: ₩622.9b (up 5.4% from FY 2023). Net income: ₩18.2b (down 2.0% from FY 2023). Profit margin: 2.9% (down from 3.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Duyuru • Mar 01
Aluko Co., Ltd., Annual General Meeting, Mar 26, 2025 Aluko Co., Ltd., Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 220, daehwa-ro, daedeok-gu, daejeon South Korea Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩2,115, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 13x in the Building industry in South Korea. Total loss to shareholders of 36% over the past three years. Reported Earnings • Nov 20
Third quarter 2024 earnings released: ₩2.00 loss per share (vs ₩77.00 profit in 3Q 2023) Third quarter 2024 results: ₩2.00 loss per share (down from ₩77.00 profit in 3Q 2023). Revenue: ₩156.5b (up 5.1% from 3Q 2023). Net loss: ₩108.0m (down 101% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩2,190, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 10x in the Building industry in South Korea. Total loss to shareholders of 54% over the past three years. New Risk • Mar 28
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 8.3% 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 (1.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (7.2% increase in shares outstanding). Reported Earnings • Mar 26
Full year 2023 earnings released: EPS: ₩201 (vs ₩155 in FY 2022) Full year 2023 results: EPS: ₩201 (up from ₩155 in FY 2022). Revenue: ₩591.2b (down 8.4% from FY 2022). Net income: ₩18.5b (up 33% from FY 2022). Profit margin: 3.1% (up from 2.2% in FY 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩3,430, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 14x in the Building industry in South Korea. Total loss to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩4,195, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 16x in the Building industry in South Korea. Total returns to shareholders of 112% over the past three years. New Risk • Jul 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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 (11% average weekly change). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). New Risk • Jul 04
New major 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 Risk Share price has been volatile over the past 3 months (12% average weekly change). Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to ₩4,950, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 17x in the Building industry in South Korea. Total returns to shareholders of 178% over the past three years. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩3,825, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 13x in the Building industry in South Korea. Total returns to shareholders of 99% over the past three years. Reported Earnings • Mar 24
Full year 2022 earnings released: EPS: ₩155 (vs ₩49.00 in FY 2021) Full year 2022 results: EPS: ₩155 (up from ₩49.00 in FY 2021). Revenue: ₩645.4b (up 28% from FY 2021). Net income: ₩13.9b (up 235% from FY 2021). Profit margin: 2.2% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩3,395, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 10x in the Building industry in South Korea. Total returns to shareholders of 150% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 18% share price gain to ₩3,075, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 15x in the Building industry in South Korea. Total returns to shareholders of 28% over the past three years. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. 3 independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩2,365, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 15x in the Building industry in South Korea. Negligible returns to shareholders over past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. 3 independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Aug 08
Aluko Co., Ltd. announced that it has received KRW 32 billion in funding On August 6, 2021, Aluko Co., Ltd. closed the transaction. Reported Earnings • Mar 24
Full year 2020 earnings released: ₩189 loss per share (vs ₩98.00 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: ₩495.3b (up 9.0% from FY 2019). Net loss: ₩14.7b (loss widened 103% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Duyuru • Mar 12
Aluko Co., Ltd., Annual General Meeting, Mar 26, 2021 Aluko Co., Ltd., Annual General Meeting, Mar 26, 2021, at 10:00 Korea Standard Time. Is New 90 Day High Low • Jan 12
New 90-day high: ₩5,180 The company is up 19% from its price of ₩4,370 on 14 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Building industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: ₩5,170 The company is up 41% from its price of ₩3,655 on 24 September 2020. The South Korean market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 16% over the same period. Reported Earnings • Nov 19
Third quarter 2020 earnings released: EPS ₩129 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₩125.0b (up 7.0% from 3Q 2019). Net income: ₩9.85b (up ₩10.4b from 3Q 2019). Profit margin: 7.9% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 88% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Nov 12
New 90-day high: ₩5,120 The company is up 10.0% from its price of ₩4,645 on 14 August 2020. The South Korean market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is down 1.0% over the same period. Duyuru • Sep 21
Aluko Co., Ltd.(KOSE:A001780) dropped from S&P Global BMI Index Aluko Co., Ltd.(KOSE:A001780) dropped from S&P Global BMI Index Duyuru • Aug 20
Aluasia Limited agreed to acquire a 45.2% stake in AluAsia Co., Ltd from Aluko Co., Ltd. (KOSE:A001780) for KRW 47.4 billion. Aluasia Limited agreed to acquire a 45.2% stake in AluAsia Co., Ltd from Aluko Co., Ltd. (KOSE:A001780) for KRW 47.4 billion on August 18, 2020. As part of the consideration, Aluasia Limited will acquire 9,136,453 of AluAsia Co., Ltd and transfer 18,272,906 shares to AluAsia Co., Ltd. Board of directors of Aluko Co., Ltd. resolved the transaction and expected completion date is August 18, 2020. 