Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩59,300, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 18x in the Semiconductor industry in South Korea. Total returns to shareholders of 208% over the past three years. New Risk • May 21
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% 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 (24% accrual ratio). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (13% average weekly change). Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩81,600, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 26x in the Semiconductor industry in South Korea. Total returns to shareholders of 351% over the past three years. New Risk • Apr 11
New minor risk - Financial data availability Less than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩49,800, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 158% over the past three years. New Risk • Apr 02
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 13% 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. Buy Or Sell Opportunity • Mar 05
Now 31% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to ₩46,050. The fair value is estimated to be ₩35,282, however this is not to be taken as a sell 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 declined by 7.9%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 42% in the next 2 years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩39,450, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Semiconductor industry in South Korea. Total returns to shareholders of 132% over the past three years. Buy Or Sell Opportunity • Jan 28
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to ₩44,200. The fair value is estimated to be ₩35,394, however this is not to be taken as a sell 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 declined by 7.9%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 42% in the next 2 years. New Risk • Nov 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Share price has been volatile over the past 3 months (9.1% average weekly change). Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩42,850, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Semiconductor industry in South Korea. Total returns to shareholders of 161% over the past three years. New Risk • Oct 14
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 7.3% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩35,700, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Semiconductor industry in South Korea. Total returns to shareholders of 112% over the past three years. Price Target Changed • Apr 11
Price target decreased by 16% to ₩38,000 Down from ₩45,433, the current price target is provided by 1 analyst. New target price is 50% above last closing price of ₩25,350. Stock is down 36% over the past year. The company is forecast to post earnings per share of ₩2,543 for next year compared to ₩2,615 last year. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩26,850, 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 30% over the past three years. Upcoming Dividend • Mar 25
Inaugural dividend of ₩270 per share Eligible shareholders must have bought the stock before 01 April 2025. Payment date: 15 April 2025. This is the first dividend for KCTech since going public. The average dividend yield among industry peers is 1.1%. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩38,600, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 94% over the past three years. Price Target Changed • Feb 21
Price target increased by 7.9% to ₩49,000 Up from ₩45,433, the current price target is an average from 2 analysts. New target price is 29% above last closing price of ₩38,000. Stock is up 17% over the past year. The company is forecast to post earnings per share of ₩2,457 for next year compared to ₩1,562 last year. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩36,250, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩25,661 per share. Duyuru • Feb 06
KCTech Co., Ltd., Annual General Meeting, Mar 26, 2025 KCTech Co., Ltd., Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 12, je2gongdan 3-gil, miyang-myeon, gyeonggi-do, anseong South Korea New Risk • Jan 31
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 9.6% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Jan 08
Now 21% overvalued Over the last 90 days, the stock has fallen 14% to ₩32,500. The fair value is estimated to be ₩26,785, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 114% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩31,200, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Semiconductor industry in South Korea. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩26,740 per share. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩26,450, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Semiconductor industry in South Korea. Total returns to shareholders of 9.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩26,466 per share. Buy Or Sell Opportunity • Nov 25
Now 24% overvalued Over the last 90 days, the stock has fallen 12% to ₩32,400. The fair value is estimated to be ₩26,091, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 114% in the next 2 years. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩29,100, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩30,838 per share. Buy Or Sell Opportunity • Oct 30
Now 20% overvalued Over the last 90 days, the stock has fallen 18% to ₩33,900. The fair value is estimated to be ₩28,219, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 6.6%. Revenue is forecast to grow by 52% in 2 years. Earnings are forecast to grow by 77% in the next 2 years. Buy Or Sell Opportunity • Sep 26
Now 25% overvalued Over the last 90 days, the stock has fallen 22% to ₩35,450. The fair value is estimated to be ₩28,374, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 6.6%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 78% in the next 2 years. Buy Or Sell Opportunity • Aug 30
Now 24% overvalued Over the last 90 days, the stock has fallen 6.3% to ₩35,100. The fair value is estimated to be ₩28,336, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 6.6%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 78% in the next 2 years. Buy Or Sell Opportunity • Aug 07
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.2% to ₩37,750. The fair value is estimated to be ₩31,201, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 4.7%. Revenue is forecast to grow by 44% in 2 years. Earnings are forecast to grow by 60% in the next 2 years. Duyuru • Jul 26
KCTech Co., Ltd. (KOSE:A281820) announces an Equity Buyback for KRW 10,000 million worth of its shares. KCTech Co., Ltd. (KOSE:A281820) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with SAMSUNG SECURITIES Co., Ltd. The purpose of the share repurchase is to enhance shareholder value and stabilize stock prices. The repurchase program will expire on January 27, 2025. As of July 24, 2024, the company had 566,717 shares within scope available for dividend and had 4,778 shares in treasury through other repurchase. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₩40,400, 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 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩27,609 per share. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩52,800, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Semiconductor industry in South Korea. Total returns to shareholders of 94% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩27,596 per share. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩44,300, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Semiconductor industry in South Korea. Total returns to shareholders of 65% over the past three years. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩38,050, 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 56% over the past three years. New Risk • Jan 29
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 8.2% 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 Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin). Upcoming Dividend • Dec 20
Inaugural dividend of ₩250 per share Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. This is the first dividend for KCTech since going public. The average dividend yield among industry peers is 1.0%. Price Target Changed • Nov 23
Price target increased by 47% to ₩33,000 Up from ₩22,500, the current price target is provided by 1 analyst. New target price is 38% above last closing price of ₩23,850. Stock is up 43% over the past year. The company is forecast to post earnings per share of ₩1,606 for next year compared to ₩2,692 last year. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩24,600, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Semiconductor industry in South Korea. Total returns to shareholders of 2.7% over the past three years. Upcoming Dividend • Dec 21
Inaugural dividend of ₩220 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. This is the first dividend for KCTech since going public. The average dividend yield among industry peers is 1.8%. Price Target Changed • Nov 16
Price target decreased to ₩26,000 Down from ₩34,500, the current price target is an average from 2 analysts. New target price is 53% above last closing price of ₩16,950. Stock is down 26% over the past year. The company posted earnings per share of ₩2,011 last year. Duyuru • Jun 24
KCTech Co., Ltd. (KOSE:A281820) announces an Equity Buyback for KRW 10,000 million worth of its shares. KCTech Co., Ltd. (KOSE:A281820) announces a share repurchase program. Under the program, the company will repurchase up to KRW 10,000 million worth of its shares pursuant to a contract with Samsung Securities. The purpose of the share repurchase is to enhance shareholder value. The repurchase program will expire on June 23, 2023. As of June 22, 2022, the company had no shares within scope available for dividend and had 4,778 shares in treasury through other repurchase. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩14,700, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 4.0% over the past three years. Upcoming Dividend • Dec 22
Inaugural dividend of ₩220 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 12 April 2022. The company is not currently making a profit but it is cash flow positive. This is the first dividend for KCTech since going public. The average dividend yield among industry peers is 0.9%. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩24,800, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 22x in the Semiconductor industry in South Korea. Total returns to shareholders of 56% over the past three years. Price Target Changed • Jun 26
Price target increased to ₩38,000 Up from ₩34,500, the current price target is provided by 1 analyst. New target price is 36% above last closing price of ₩27,900. Stock is up 36% over the past year. Is New 90 Day High Low • Mar 08
New 90-day low: ₩24,650 The company is down 6.0% from its price of ₩26,250 on 08 December 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 17% over the same period. Duyuru • Feb 04
KCTech Co., Ltd., Annual General Meeting, Mar 24, 2021 KCTech Co., Ltd., Annual General Meeting, Mar 24, 2021, at 10:00 Korea Standard Time. Is New 90 Day High Low • Dec 24
New 90-day high: ₩29,000 The company is up 41% from its price of ₩20,500 on 25 September 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 29% over the same period. Upcoming Dividend • Dec 22
First Dividend Is ₩200 Per Share Will be paid on the 13th of April to those who are registered shareholders by the 29th of December. This is the first dividend for KCTech since going public. The average dividend yield among industry peers is 0.8%. Is New 90 Day High Low • Dec 04
New 90-day high: ₩26,650 The company is up 28% from its price of ₩20,900 on 04 September 2020. The South Korean market is up 13% 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. Is New 90 Day High Low • Nov 05
New 90-day high: ₩23,950 The company is up 4.0% from its price of ₩23,050 on 07 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is flat over the same period.