Returns At KRAFTON (KRX:259960) Appear To Be Weighed Down
May 06
South Korean (KOSPI) Market Analysis & Valuation
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies2605
- 7D1.4%
- 3M5.4%
- 1Y8.3%
- YTD1.8%
The market is up 1.4% over the last week, with the Information Technology sector leading the way, up 3.8%. The market is up 8.3% over the last 12 months. Looking forward, earnings are forecast to grow by 28% 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 |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₩2551.7t | ₩3524.4t | ₩110.8t | 13.3x | 23x | 0.7x |
| Fri, 05 Apr 2024 | ₩2562.3t | ₩3514.9t | ₩106.0t | 13x | 24.2x | 0.7x |
| Sun, 03 Mar 2024 | ₩2468.4t | ₩3619.7t | ₩100.4t | 14.1x | 24.6x | 0.7x |
| Tue, 30 Jan 2024 | ₩2343.6t | ₩3636.6t | ₩106.4t | 14.3x | 22x | 0.6x |
| Thu, 28 Dec 2023 | ₩2444.5t | ₩3643.7t | ₩106.2t | 14.8x | 23x | 0.7x |
| Sat, 25 Nov 2023 | ₩2319.0t | ₩3648.9t | ₩111.3t | 13.8x | 20.8x | 0.6x |
| Mon, 23 Oct 2023 | ₩2194.4t | ₩3650.1t | ₩106.8t | 12.5x | 20.6x | 0.6x |
| Wed, 20 Sep 2023 | ₩2380.7t | ₩3651.5t | ₩106.6t | 13.8x | 22.3x | 0.7x |
| Fri, 18 Aug 2023 | ₩2348.6t | ₩3692.5t | ₩124.9t | 13.3x | 18.8x | 0.6x |
| Sun, 16 Jul 2023 | ₩2440.0t | ₩3669.6t | ₩133.5t | 14.4x | 18.3x | 0.7x |
| Tue, 13 Jun 2023 | ₩2428.3t | ₩3670.4t | ₩133.7t | 14.6x | 18.2x | 0.7x |
| Thu, 11 May 2023 | ₩2292.1t | ₩3626.8t | ₩147.0t | 13.8x | 15.6x | 0.6x |
| Sat, 08 Apr 2023 | ₩2306.5t | ₩3648.0t | ₩158.3t | 13.7x | 14.6x | 0.6x |
| Mon, 06 Mar 2023 | ₩2222.5t | ₩3617.2t | ₩182.6t | 12.1x | 12.2x | 0.6x |
| Wed, 01 Feb 2023 | ₩2189.3t | ₩3520.4t | ₩166.8t | 11.6x | 13.1x | 0.6x |
| Fri, 30 Dec 2022 | ₩2014.1t | ₩3522.1t | ₩168.7t | 10.9x | 11.9x | 0.6x |
| Sun, 27 Nov 2022 | ₩2189.1t | ₩3509.4t | ₩173.3t | 11.8x | 12.6x | 0.6x |
| Tue, 25 Oct 2022 | ₩1983.5t | ₩3333.9t | ₩187.1t | 10.9x | 10.6x | 0.6x |
| Thu, 22 Sep 2022 | ₩2111.2t | ₩3332.3t | ₩186.6t | 12.2x | 11.3x | 0.6x |
| Sat, 20 Aug 2022 | ₩2250.3t | ₩3194.4t | ₩193.8t | 13.1x | 11.6x | 0.7x |
| Mon, 18 Jul 2022 | ₩2102.6t | ₩3163.7t | ₩187.4t | 12.2x | 11.2x | 0.7x |
| Wed, 15 Jun 2022 | ₩2244.4t | ₩3165.4t | ₩187.4t | 13.1x | 12x | 0.7x |
| Fri, 13 May 2022 | ₩2348.2t | ₩3032.2t | ₩189.4t | 14x | 12.4x | 0.8x |
| Sun, 10 Apr 2022 | ₩2448.4t | ₩3030.3t | ₩184.1t | 14.6x | 13.3x | 0.8x |
| Tue, 08 Mar 2022 | ₩2388.2t | ₩2884.8t | ₩154.9t | 15x | 15.4x | 0.8x |
| Thu, 03 Feb 2022 | ₩2394.5t | ₩2818.9t | ₩162.2t | 14.8x | 14.8x | 0.8x |
| Sat, 01 Jan 2022 | ₩2560.2t | ₩2851.1t | ₩155.9t | 16.1x | 16.4x | 0.9x |
| Mon, 29 Nov 2021 | ₩2515.4t | ₩2830.4t | ₩162.2t | 15.4x | 15.5x | 0.9x |
| Wed, 27 Oct 2021 | ₩2541.9t | ₩2739.0t | ₩136.1t | 17.1x | 18.7x | 0.9x |
| Fri, 24 Sep 2021 | ₩2623.5t | ₩2731.8t | ₩136.7t | 17.4x | 19.2x | 1x |
| Sun, 22 Aug 2021 | ₩2540.4t | ₩2756.2t | ₩137.0t | 16.7x | 18.5x | 0.9x |
| Fri, 09 Jul 2021 | ₩2639.8t | ₩2749.0t | ₩135.2t | 18.5x | 19.5x | 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 23.0x which is higher than its 3-year average PE of 17.0x.
Past Earnings Growth
- The earnings for South Korean listed companies have remained mostly flat over the last three years.
- Meanwhile revenues have grown 11% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Sector Trends
Which sectors have driven the changes within the South Korean Market?
| KR Market | 1.43% | |
| Tech | 3.80% | |
| Telecom | 3.05% | |
| Utilities | 2.28% | |
| Materials | 1.00% | |
| Consumer Staples | 0.70% | |
| Healthcare | 0.54% | |
| Real Estate | 0.42% | |
| Industrials | 0.001% | |
| Financials | -0.45% | |
| Energy | -1.45% | |
| Consumer Discretionary | -1.76% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 173x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 34.1%, which is higher than its past year's earnings growth of 13.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 71% over the next 5 years.
- This is better than its past earnings growth rate of 4.7% per year.
- In contrast, the Real Estate sector is expected to see its earnings decline by 11% per year 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 | |
|---|---|---|---|---|---|---|
| A005930 Samsung Electronics | ₩81.30k | 4.9% +₩25.8t | 25.9% | PE28x | Tech | |
| A000660 SK hynix | ₩178.00k | 2.2% +₩2.6t | 104.8% | PS3.7x | Tech | |
| A068270 Celltrion | ₩194.60k | 3.0% +₩1.2t | 15.1% | PE75.3x | Healthcare | |
| A035420 NAVER | ₩190.90k | 3.5% +₩989.7b | -9.1% | PE29x | Telecom | |
| A259960 KRAFTON | ₩260.00k | 8.6% +₩947.4b | 29.7% | PE20.2x | Telecom |
