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April 20, 2024

[STOCK WATCH] KOR ZINC falls 3%

PUBLISHED : November 18, 2016 - 14:50

UPDATED : November 18, 2016 - 15:45

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- Compared with industrial median, the Return comparison Volatility was positive
- Related stocks mixed, Iron & Metal Products industry -0.66%
- Target price KRW 560,600, has 21% disparate to increase compared with stock price.
- Individuals and Foreigners sell, Institutions buy
- Turnover Rate and Price Range both proper
- Institution 42%, Foreigners 37.45%


Market Review
As of Nov. 18 01:25 P.M., KOR ZINC (010130) declined 2.95% to 461,000 (US$ 390). It had declined 0.75% through the past month. Standard deviation, which indicates variableness, records 1.6% over the same period of time over one month.

Compared with its close competitors within the same industry, KOSPI, since the monthly volatility of KOR ZINC was the lowest, the earnings rate over one month was also relatively lower than that of its peer group's. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -0.4%. Though the volatility was the lowest among its peer group, the return-on-risk was low as stock price decline. However, the return-on-risk is much better than the industrial mean, -4.4, and thus the industrial comparison performance was positive.

Comparing industry to the market, the KOSPI industry including KOR ZINC records lower volatility and earning rate than Iron & Metal Products. In other words, the industry was safer and the rate of decrease is smaller than that of the market.


Close CompetitorsEarning rate (%)STD (1Mo)Return on
Risk (1Mo)
1 Mo3 Mo6 Mo
DONGKUK STL MILL(001230)18.4%7.1%20.9%2.7%6.8
POS(005490)5.4%13.2%23.8%2.0%2.7
HYUNDAI STEEL(004020)-3.8%-1.9%-4.2%2.0%-1.8
YOUNGPOONG(000670)7.9%-4.2%9.9%1.8%4.3
KOR ZINC(010130)-0.8%-9.1%-5.8%1.6%-0.4
 
Iron & Metal Products3.1%6.5%3.6%1.4%2.2
KOSPI-3.1%-2.4%-3.3%0.7%-4.4

Target price 560,600 won, has 21% disparate to increase compared with stock price.
Per analysts' expectations during the recent month, the average target price of KOR ZINC is  560,600 won. The stock price is 461,000 won as of yesterday, so there is 99,600 won (21%) disparate in order to be able to increase.



Earnings & Valuation
KOR ZINC(010130): 3Q(July ~ Sept) of 2016 Earnings (reported at Oct. 25. 2016)
 RevenueOperating IncomeNet Income
3Q of 201612,643.0 T1,381.1 T1,074.6 T
Previous Quarter10.3% decline23.3% decline21.8% decline
YoY5.1% increase22.7% decline17.2% decline

Financial structure Overview
Compared with 4 close competitors with similar market capitalization within its industry, while KOR ZINC's P/E ratio, a price-paid ratio of annual net income, is relatively lower value, its P/B ratio, a financial ratio of a company's book value, is at a the highest level.

P/E ratio and P/B ratio
Close CompatitorsROEPERPBRBasic Date
KOR ZINC(010130)9.618.01.7June 2016
HYUNDAI STEEL(004020)4.59.40.4June 2016
YOUNGPOONG(000670)3.320.10.7June 2016
DONGKUK STL MILL(001230)0.08020.80.4June 2016
POS(005490)0.02147.40.5June 2016



Investor Group
Individuals and Foreigners sell, Institutions buy
Yesterday, foreigners bought 4,727 shares, while institutions sold 5,051 shares. As a shareholding sum by investor group for the past 4 weeks, institutions have bought 82,782 shares with trending trade. However, during the same period, foreigners have sold 47,227 shares with maintenance of a selling position and individuals have sold 35,555 shares in a lessening selling trend.

Turnover Rate and Price Range both proper
Regarding the statistics for the past month on trade volume as the total outstanding shares, the daily turnover rate of KOR ZINC was 0.25%. And the daily volatility, the average range of rise and fall, during the same period is 2%.

Institution 42%, Foreigners 37.45%
As per the inquiry for shareholding by investor group, the major investor group is Institutions with 42% from total outstanding shares. Foreigners and individuals each hold 37.45% and 20.53%. And as recent 5-day shareholding change by investor group, institutions is the major investor group with 40.33%. Foreigners hold 36.63% and individuals hold 23.02%.

Cumulated shareholdings per investor group (1Mo) Total shareholdings per investor group
 
* Other Investor groups, included as "other corporations", are considered as "Individuals".


By HeRo (hero@heraldcorp.com

This article is produced by the algorithm developed by the artificial intelligence developer ThinkPool in collaboration with Herald Corp.

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