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May 29
South Korean (KOSPI) Market Analysis & Valuation
UpdatedJun 01, 2024
DataAggregated Company Financials
Companies2614
- 7D-1.7%
- 3M-0.5%
- 1Y0.6%
- YTD-2.0%
Over the last 7 days, the market has dropped 1.7%, driven by a decline of 2.6% in the Information Technology sector. In the last 12 months the market has been flat overall. Looking forward, earnings are forecast to grow by 29% annually.
Market Valuation and Performance
Has the South Korean Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Jun 2024 | ₩2467.0t | ₩3524.2t | ₩120.8t | 12.7x | 20.4x | 0.7x |
| Mon, 29 Apr 2024 | ₩2480.7t | ₩3518.8t | ₩105.7t | 13x | 23.5x | 0.7x |
| Wed, 27 Mar 2024 | ₩2584.2t | ₩3523.5t | ₩104.0t | 13.6x | 24.9x | 0.7x |
| Fri, 23 Feb 2024 | ₩2485.3t | ₩3620.8t | ₩91.3t | 14.4x | 27.2x | 0.7x |
| Sun, 21 Jan 2024 | ₩2332.9t | ₩3637.2t | ₩105.8t | 14.5x | 22.1x | 0.6x |
| Tue, 19 Dec 2023 | ₩2399.9t | ₩3643.1t | ₩106.2t | 14.6x | 22.6x | 0.7x |
| Thu, 16 Nov 2023 | ₩2302.9t | ₩3682.5t | ₩115.4t | 13.2x | 20x | 0.6x |
| Sat, 14 Oct 2023 | ₩2280.1t | ₩3649.9t | ₩106.6t | 13x | 21.4x | 0.6x |
| Mon, 11 Sep 2023 | ₩2386.5t | ₩3651.6t | ₩132.8t | 13.7x | 18x | 0.7x |
| Wed, 09 Aug 2023 | ₩2394.6t | ₩3692.4t | ₩124.8t | 13.7x | 19.2x | 0.6x |
| Fri, 07 Jul 2023 | ₩2372.2t | ₩3669.6t | ₩133.6t | 14.4x | 17.8x | 0.6x |
| Sun, 04 Jun 2023 | ₩2403.1t | ₩3670.5t | ₩134.5t | 14.6x | 17.9x | 0.7x |
| Tue, 02 May 2023 | ₩2301.5t | ₩3632.7t | ₩147.9t | 13.5x | 15.6x | 0.6x |
| Thu, 30 Mar 2023 | ₩2251.4t | ₩3641.4t | ₩160.7t | 13.2x | 14x | 0.6x |
| Sat, 25 Feb 2023 | ₩2204.9t | ₩3614.2t | ₩182.8t | 11.9x | 12.1x | 0.6x |
| Mon, 23 Jan 2023 | ₩2156.1t | ₩3521.0t | ₩168.8t | 11.4x | 12.8x | 0.6x |
| Wed, 21 Dec 2022 | ₩2098.2t | ₩3521.2t | ₩168.2t | 11.2x | 12.5x | 0.6x |
| Fri, 18 Nov 2022 | ₩2191.0t | ₩3375.7t | ₩186.2t | 12.2x | 11.8x | 0.6x |
| Sun, 16 Oct 2022 | ₩1982.3t | ₩3333.7t | ₩187.1t | 10.9x | 10.6x | 0.6x |
| Tue, 13 Sep 2022 | ₩2149.8t | ₩3333.3t | ₩187.0t | 12.3x | 11.5x | 0.6x |
| Thu, 11 Aug 2022 | ₩2241.9t | ₩3173.6t | ₩188.8t | 13.1x | 11.9x | 0.7x |
| Sat, 09 Jul 2022 | ₩2115.0t | ₩3163.7t | ₩187.5t | 12.3x | 11.3x | 0.7x |
| Mon, 06 Jun 2022 | ₩2408.8t | ₩3165.2t | ₩187.8t | 14.4x | 12.8x | 0.8x |
| Wed, 04 May 2022 | ₩2432.5t | ₩3015.0t | ₩184.9t | 14.9x | 13.2x | 0.8x |
| Fri, 01 Apr 2022 | ₩2492.9t | ₩2994.4t | ₩182.6t | 14.7x | 13.7x | 0.8x |
| Sun, 27 Feb 2022 | ₩2404.0t | ₩2865.2t | ₩160.1t | 14.9x | 15x | 0.8x |
| Tue, 25 Jan 2022 | ₩2382.9t | ₩2851.2t | ₩155.9t | 15.4x | 15.3x | 0.8x |
| Thu, 23 Dec 2021 | ₩2548.5t | ₩2859.1t | ₩155.9t | 15.6x | 16.3x | 0.9x |
| Sat, 20 Nov 2021 | ₩2530.7t | ₩2761.6t | ₩150.7t | 16.6x | 16.8x | 0.9x |
| Mon, 18 Oct 2021 | ₩2526.3t | ₩2738.6t | ₩135.9t | 17x | 18.6x | 0.9x |
| Wed, 15 Sep 2021 | ₩2635.6t | ₩2757.8t | ₩137.5t | 18x | 19.2x | 1x |
| Fri, 13 Aug 2021 | ₩2639.9t | ₩2754.4t | ₩137.0t | 18.4x | 19.3x | 1x |
| Tue, 08 Jun 2021 | ₩2553.2t | ₩2610.0t | ₩110.2t | 19.2x | 23.2x | 1x |
Price to Earnings Ratio
23.2x
Current Market PE
- Investors are optimistic on the South Korean market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 20.4x which is higher than its 3-year average PE of 16.9x.
Past Earnings Growth
- The earnings for South Korean listed companies have grown 3.1% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the South Korean Market?
| KR Market | -1.66% | |
| Consumer Staples | 0.65% | |
| Financials | 0.48% | |
| Real Estate | -0.021% | |
| Energy | -0.40% | |
| Utilities | -0.87% | |
| Consumer Discretionary | -1.13% | |
| Healthcare | -1.25% | |
| Industrials | -1.55% | |
| Materials | -1.77% | |
| Tech | -2.63% | |
| Telecom | -2.74% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 180x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 34.7%, which is higher than its past year's earnings growth of 12.6% per year.
- The Financials sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 5.5x.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 44% over the next 5 years.
- This is better than its past earnings decline of 9.5% per year.
- In contrast, the Real Estate industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| A066570 LG Electronics | ₩104.80k | 11.4% +₩1.9t | -14.9% | PE29.2x | Consumer Discretionary | |
| A034020 Doosan Enerbility | ₩20.80k | 13.9% +₩1.6t | 26.5% | PE102.3x | Industrials | |
| A034730 SK | ₩176.20k | 18.4% +₩1.5t | 3.9% | PS0.07x | Industrials | |
| A028300 HLB | ₩61.20k | 20.7% +₩1.4t | 68.9% | PS233.4x | Healthcare | |
| A042700 HANMI Semiconductor | ₩161.70k | 9.5% +₩1.4t | 529.2% | PE76.6x | Tech |
