SAMICK MUSICAL INSTRUMENT's (KRX:002450) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Mar 28
South Korean (KOSPI) Leisure Products Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies13
- 7D1.5%
- 3M-8.2%
- 1Y-20.1%
- YTDn/a
The Leisure Products is pretty flat in the last 7 days, but SAMICK MUSICAL INSTRUMENT has stood out, gaining 7.9%. As for the longer term, the industry has declined 20% in the last year. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the South Korean Leisure Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | ₩1.5t | ₩1.8t | ₩33.3b | 10x | 46x | 0.9x |
| Sun, 14 Apr 2024 | ₩1.5t | ₩1.8t | ₩29.5b | 9.6x | 51.2x | 0.9x |
| Tue, 12 Mar 2024 | ₩1.6t | ₩1.8t | ₩43.7b | 8x | 36x | 0.9x |
| Thu, 08 Feb 2024 | ₩1.6t | ₩1.8t | ₩42.9b | 8.2x | 37.3x | 0.9x |
| Sat, 06 Jan 2024 | ₩1.7t | ₩1.8t | ₩42.9b | 8.5x | 39.6x | 1x |
| Mon, 04 Dec 2023 | ₩1.7t | ₩1.5t | ₩16.1b | 9.7x | 108.4x | 1.1x |
| Wed, 01 Nov 2023 | ₩1.5t | ₩1.6t | ₩43.4b | 10.4x | 34.9x | 1x |
| Fri, 29 Sep 2023 | ₩1.7t | ₩1.6t | ₩43.4b | 10.6x | 39.1x | 1.1x |
| Sun, 27 Aug 2023 | ₩1.5t | ₩1.6t | ₩74.3b | 9.8x | 20.1x | 0.9x |
| Tue, 25 Jul 2023 | ₩1.4t | ₩1.6t | ₩78.5b | 14.8x | 18.1x | 0.9x |
| Thu, 22 Jun 2023 | ₩1.5t | ₩1.6t | ₩78.5b | 15.2x | 19.7x | 0.9x |
| Sat, 20 May 2023 | ₩1.6t | ₩1.6t | ₩122.2b | 6.5x | 13.3x | 1x |
| Mon, 17 Apr 2023 | ₩1.7t | ₩1.7t | ₩125.9b | 6.6x | 13.3x | 1x |
| Wed, 15 Mar 2023 | ₩1.6t | ₩1.7t | ₩100.6b | 11.2x | 16.3x | 1x |
| Fri, 10 Feb 2023 | ₩1.7t | ₩1.7t | ₩100.1b | 12.2x | 17.2x | 1x |
| Sun, 08 Jan 2023 | ₩1.4t | ₩1.7t | ₩88.1b | 11.7x | 16.4x | 0.9x |
| Tue, 06 Dec 2022 | ₩1.5t | ₩1.7t | ₩88.1b | 12.6x | 17.4x | 0.9x |
| Thu, 03 Nov 2022 | ₩1.5t | ₩1.6t | ₩84.8b | 6.5x | 17.2x | 0.9x |
| Sat, 01 Oct 2022 | ₩6.0t | ₩1.8t | ₩27.5b | 6.4x | 219.2x | 3.3x |
| Mon, 29 Aug 2022 | ₩6.8t | ₩1.7t | -₩19,460,771,870.00 | 9.1x | -349.1x | 4x |
| Wed, 27 Jul 2022 | ₩6.2t | ₩1.7t | ₩22.7b | 12.2x | 271.9x | 3.6x |
| Fri, 24 Jun 2022 | ₩5.1t | ₩1.7t | ₩22.7b | 9.6x | 225.1x | 3x |
| Sun, 22 May 2022 | ₩7.6t | ₩1.6t | -₩11,384,359,610.00 | 9.5x | -665.7x | 4.9x |
| Tue, 19 Apr 2022 | ₩5.6t | ₩1.6t | ₩5.8b | 12.6x | 953.4x | 3.6x |
| Thu, 17 Mar 2022 | ₩5.5t | ₩1.5t | ₩71.4b | 11.4x | 77.3x | 3.8x |
| Sat, 12 Feb 2022 | ₩5.4t | ₩1.5t | ₩80.0b | 11.2x | 66.9x | 3.7x |
| Mon, 10 Jan 2022 | ₩4.9t | ₩1.1t | ₩805.1m | 10.9x | 6031.5x | 4.6x |
| Wed, 08 Dec 2021 | ₩4.6t | ₩1.1t | ₩805.1m | 9x | 5756.5x | 4.4x |
| Fri, 05 Nov 2021 | ₩5.3t | ₩1.0t | ₩3.3b | 7.9x | 1625.7x | 5.1x |
| Sun, 03 Oct 2021 | ₩6.7t | ₩1.0t | ₩3.3b | 7.2x | 2043.1x | 6.4x |
| Tue, 31 Aug 2021 | ₩6.7t | ₩1.0t | ₩3.3b | 8.1x | 2059.3x | 6.4x |
| Wed, 07 Jul 2021 | ₩4.5t | ₩1.0t | ₩3.3b | 8.9x | 1381.4x | 4.3x |
Price to Earnings Ratio
-67.9x
Current Industry PE
- Investors are pessimistic on the South Korean Leisure Products industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 46.0x which is lower than its 3-year average PE of 624x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 0.86x.
Past Earnings Growth
- Total earnings for the Leisure Products industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 20% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does South Korean Leisure Products compare with similar industries?
| KR Market | 1.15% | |
| Consumer Discretionary | 2.24% | |
| Leisure | 1.46% | |
| Leisure Products | 1.46% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| A002450 SAMICK MUSICAL INSTRUMENT | ₩1.39k | 7.2% +₩7.5b | 13.4% | PE33x | |
| A031860 SU-HoldingsLtd | ₩2.12k | 32.5% +₩6.8b | -79.9% | PS2.4x | |
| A215000 GOLFZON | ₩78.10k | 0.9% +₩4.3b | -33.8% | PE6x | |
| A206950 Volvik | ₩2.57k | 4.9% +₩1.7b | n/a | n/a | |
| A369370 Blitzway StudiosLTD | ₩1.99k | 0.7% +₩694.4m | 4.3% | PS11.8x |
