STIC Investments, Inc. (KRX:026890) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
May 26
South Korean (KOSPI) Asset Management Industry Analysis
UpdatedMay 28, 2024
DataAggregated Company Financials
Companies102
- 7D2.0%
- 3M5.0%
- 1Y19.8%
- YTDn/a
In the last week, the Asset Management industry is up 2.8%, with Daesung Private Equity up 32%. This takes the industry's 12 month performance to a gain of 20%.
Industry Valuation and Performance
Has the South Korean Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 May 2024 | ₩4.4t | ₩634.5b | ₩250.7b | 30.6x | 17.5x | 6.9x |
| Thu, 25 Apr 2024 | ₩4.2t | ₩580.3b | ₩240.2b | 29.8x | 17.4x | 7.2x |
| Sat, 23 Mar 2024 | ₩4.1t | ₩486.9b | ₩7.7b | 43.9x | 537.5x | 8.5x |
| Mon, 19 Feb 2024 | ₩4.1t | ₩430.7b | ₩27.6b | 46.3x | 148.3x | 9.5x |
| Wed, 17 Jan 2024 | ₩4.4t | ₩474.0b | ₩46.1b | 73x | 95.9x | 9.3x |
| Fri, 15 Dec 2023 | ₩4.1t | ₩474.0b | ₩46.1b | 69.4x | 88.6x | 8.6x |
| Sun, 12 Nov 2023 | ₩3.7t | ₩470.8b | -₩71,988,428,710.00 | 80.8x | -51.8x | 7.9x |
| Tue, 10 Oct 2023 | ₩3.6t | ₩470.8b | -₩72,068,323,330.00 | 86.3x | -49.5x | 7.6x |
| Thu, 07 Sep 2023 | ₩3.7t | ₩470.8b | -₩72,068,323,330.00 | 88.7x | -50.8x | 7.8x |
| Sat, 05 Aug 2023 | ₩3.7t | ₩536.2b | -₩242,529,515,800.00 | 114.2x | -15.2x | 6.9x |
| Mon, 03 Jul 2023 | ₩3.8t | ₩536.2b | -₩242,529,515,800.00 | 114.1x | -15.6x | 7x |
| Wed, 31 May 2023 | ₩3.7t | ₩563.8b | -₩237,752,559,570.00 | 112.7x | -15.7x | 6.6x |
| Fri, 28 Apr 2023 | ₩3.7t | ₩563.8b | -₩238,956,448,060.00 | 204.2x | -15.6x | 6.6x |
| Sun, 26 Mar 2023 | ₩3.7t | ₩841.2b | ₩377.7b | 191.8x | 9.9x | 4.4x |
| Tue, 21 Feb 2023 | ₩3.9t | ₩868.2b | ₩390.4b | 200x | 9.9x | 4.5x |
| Thu, 19 Jan 2023 | ₩3.6t | ₩875.5b | ₩397.0b | 196.3x | 9x | 4.1x |
| Sat, 17 Dec 2022 | ₩3.5t | ₩875.5b | ₩397.0b | 174x | 8.7x | 4x |
| Mon, 14 Nov 2022 | ₩3.5t | ₩903.0b | ₩749.7b | 174x | 4.6x | 3.9x |
| Wed, 12 Oct 2022 | ₩3.0t | ₩900.3b | ₩745.0b | 214.5x | 4.1x | 3.4x |
| Fri, 09 Sep 2022 | ₩3.6t | ₩900.3b | ₩745.0b | 216.1x | 4.9x | 4x |
| Sun, 07 Aug 2022 | ₩3.9t | ₩904.6b | ₩891.8b | 258.9x | 4.4x | 4.4x |
| Tue, 05 Jul 2022 | ₩3.4t | ₩904.6b | ₩891.5b | 449.7x | 3.8x | 3.8x |
| Thu, 02 Jun 2022 | ₩3.9t | ₩596.5b | ₩792.2b | 604.4x | 5x | 6.6x |
| Sat, 30 Apr 2022 | ₩4.4t | ₩595.6b | ₩790.6b | 349.6x | 5.6x | 7.4x |
| Mon, 28 Mar 2022 | ₩4.5t | ₩524.4b | ₩441.4b | 144.5x | 10.3x | 8.6x |
| Wed, 23 Feb 2022 | ₩4.3t | ₩1.3t | ₩539.2b | 59.3x | 7.9x | 3.3x |
| Fri, 21 Jan 2022 | ₩4.8t | ₩561.7b | ₩477.0b | 64.2x | 10x | 8.5x |
| Sun, 19 Dec 2021 | ₩4.5t | ₩561.7b | ₩477.0b | 66.4x | 9.5x | 8.1x |
| Tue, 16 Nov 2021 | ₩3.9t | ₩564.9b | ₩293.0b | 238.2x | 13.4x | 6.9x |
| Thu, 14 Oct 2021 | ₩3.7t | ₩555.8b | ₩293.0b | 241.6x | 12.6x | 6.7x |
| Sat, 11 Sep 2021 | ₩4.3t | ₩712.6b | ₩315.6b | 13.9x | 13.6x | 6x |
| Mon, 09 Aug 2021 | ₩4.0t | ₩712.6b | ₩315.6b | 13.2x | 12.7x | 5.6x |
Price to Earnings Ratio
14.3x
Current Industry PE
- Investors are relatively neutral on the South Korean Asset Management and Custody Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 16.9x.
- The industry is trading close to its 3-year average PS ratio of 6.4x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have declined 7.4% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does South Korean Asset Management compare with similar industries?
| KR Market | -0.56% | |
| Financials | -4.50% | |
| Capital Markets | -2.07% | |
| Asset Management | 2.03% | |
| Financial Exchanges and Data | 0.73% | |
| Investment Banking and Brokerage | -2.63% | |
| Diversified Capital Markets | -3.85% | |
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 | |
|---|---|---|---|---|---|
| A027360 AJU IB INVESTMENT | ₩3.01k | 3.8% +₩13.0b | 22.7% | PE21.4x | |
| A309960 LB Investment | ₩6.12k | 8.3% +₩10.8b | 12.3% | PE21.9x | |
| A019550 SBI Investment Korea | ₩895.00 | 3.7% +₩5.2b | -17.7% | n/a | |
| A289080 SV Investment | ₩2.12k | 4.4% +₩4.8b | -2.8% | PE39.9x | |
| A277070 Lindeman Asia Investment | ₩6.80k | 4.9% +₩4.1b | 7.1% | PE23.4x |
