COWAY Co., Ltd. Logo

COWAY Co., Ltd.

021240.KS

(2.8)
Stock Price

62.800,00 KRW

10.62% ROA

19.41% ROE

9.08x PER

Market Cap.

4.710.046.967.000,00 KRW

46.22% DER

2.06% Yield

12.71% NPM

COWAY Co., Ltd. Stock Analysis

COWAY Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

COWAY Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (18.1%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

3 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

4 ROA

The stock's ROA (9.62%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.55x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 DER

The stock maintains a fair debt to equity ratio (55%), indicating a reasonable balance between the money it owes and the ownership it possesses.

7 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

8 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (512.547) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

10 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

11 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

COWAY Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

COWAY Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

COWAY Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

COWAY Co., Ltd. Revenue
Year Revenue Growth
2007 1.217.465.232.000
2008 2.225.120.349.000 45.29%
2009 2.299.495.470.000 3.23%
2010 1.583.891.743.980 -45.18%
2011 1.824.366.637.730 13.18%
2012 1.992.838.137.000 8.45%
2013 2.118.341.565.040 5.92%
2014 2.160.315.530.680 1.94%
2015 2.315.242.282.660 6.69%
2016 2.376.328.167.260 2.57%
2017 2.516.772.498.930 5.58%
2018 2.707.315.204.080 7.04%
2019 3.018.912.502.710 10.32%
2020 3.237.411.475.090 6.75%
2021 3.664.259.556.790 11.65%
2022 3.856.132.895.080 4.98%
2023 4.030.694.468.000 4.33%
2023 3.966.519.721.923 -1.62%
2024 4.329.036.400.464 8.37%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

COWAY Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2007 7.400.048.000
2008 15.240.572.000 51.45%
2009 17.985.463.000 15.26%
2010 6.233.665.000 -188.52%
2011 8.645.374.000 27.9%
2012 8.565.222.000 -0.94%
2013 7.029.976.000 -21.84%
2014 7.545.750.000 6.84%
2015 8.059.361.000 6.37%
2016 6.783.001.000 -18.82%
2017 8.930.474.000 24.05%
2018 8.359.791.000 -6.83%
2019 7.228.787.000 -15.65%
2020 6.303.296.000 -14.68%
2021 12.208.803.000 48.37%
2022 9.603.457.000 -27.13%
2023 0 0%
2023 9.106.771.000 100%
2024 10.189.648.000 10.63%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

COWAY Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2007 90.780.172.000
2008 101.496.447.000 10.56%
2009 111.282.422.000 8.79%
2010 72.967.390.000 -52.51%
2011 83.654.903.000 12.78%
2012 158.036.903.000 47.07%
2013 131.722.724.000 -19.98%
2014 128.191.999.000 -2.75%
2015 129.157.744.000 0.75%
2016 175.934.227.000 26.59%
2017 133.774.645.000 -31.52%
2018 121.174.639.000 -10.4%
2019 135.862.845.000 10.81%
2020 145.376.006.000 6.54%
2021 116.252.507.000 -25.05%
2022 126.075.364.000 7.79%
2023 1.853.524.100.000 93.2%
2023 116.579.547.000 -1489.92%
2024 1.946.046.508.000 94.01%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

COWAY Co., Ltd. EBITDA
Year EBITDA Growth
2007 301.299.992.000
2008 395.152.572.000 23.75%
2009 423.167.629.000 6.62%
2010 439.474.203.930 3.71%
2011 409.567.104.830 -7.3%
2012 426.877.742.480 4.06%
2013 555.658.012.090 23.18%
2014 570.371.813.550 2.58%
2015 696.138.493.010 18.07%
2016 575.908.753.520 -20.88%
2017 700.825.026.200 17.82%
2018 783.856.441.270 10.59%
2019 747.039.002.220 -4.93%
2020 1.124.126.441.070 33.54%
2021 1.203.317.601.200 6.58%
2022 1.200.622.015.060 -0.22%
2023 2.634.789.556.000 54.43%
2023 1.197.361.145.050 -120.05%
2024 1.299.622.853.640 7.87%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

COWAY Co., Ltd. Gross Profit
Year Gross Profit Growth
2007 833.697.260.000
2008 1.031.560.309.000 19.18%
2009 1.104.925.312.000 6.64%
2010 1.072.962.730.200 -2.98%
2011 1.243.521.648.190 13.72%
2012 1.314.537.395.000 5.4%
2013 1.397.357.788.750 5.93%
2014 1.433.748.371.370 2.54%
2015 1.586.399.190.090 9.62%
2016 1.564.151.641.090 -1.42%
2017 1.718.286.198.610 8.97%
2018 1.829.058.807.290 6.06%
2019 2.008.500.926.910 8.93%
2020 2.193.497.480.820 8.43%
2021 2.388.937.988.200 8.18%
2022 2.486.491.838.820 3.92%
2023 2.634.789.556.000 5.63%
2023 2.376.725.764.824 -10.86%
2024 2.595.644.561.724 8.43%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

COWAY Co., Ltd. Net Profit
Year Net Profit Growth
2007 116.104.238.000
2008 127.343.814.000 8.83%
2009 152.861.663.000 16.69%
2010 193.900.701.000 21.16%
2011 167.053.757.000 -16.07%
2012 94.042.698.010 -77.64%
2013 245.074.651.950 61.63%
2014 249.691.456.790 1.85%
2015 343.148.057.700 27.24%
2016 243.647.116.220 -40.84%
2017 326.083.929.240 25.28%
2018 350.241.206.610 6.9%
2019 332.942.167.270 -5.2%
2020 404.891.633.620 17.77%
2021 465.657.885.350 13.05%
2022 458.174.984.690 -1.63%
2023 548.037.020.000 16.4%
2023 471.301.137.420 -16.28%
2024 616.916.380.000 23.6%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

COWAY Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2007 1.563
2008 1.711 8.65%
2009 2.029 15.67%
2010 2.548 20.37%
2011 2.235 -14%
2012 1.267 -76.4%
2013 3.283 61.41%
2014 3.361 2.32%
2015 4.621 27.27%
2016 3.280 -40.88%
2017 4.484 26.85%
2018 4.854 7.62%
2019 4.611 -5.27%
2020 5.584 17.42%
2021 6.418 12.98%
2022 6.314 -1.63%
2023 7.553 16.4%
2023 6.495 -16.31%
2024 8.544 23.99%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

COWAY Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2007 49.908.249.000
2008 107.505.982.000 53.58%
2009 109.904.603.000 2.18%
2010 94.575.323.840 -16.21%
2011 -9.233.792.700 1124.23%
2012 132.141.854.500 106.99%
2013 264.086.104.790 49.96%
2014 224.250.465.580 -17.76%
2015 177.416.183.400 -26.4%
2016 15.842.234.990 -1019.89%
2017 208.006.647.210 92.38%
2018 132.507.744.780 -56.98%
2019 145.261.740.650 8.78%
2020 234.591.187.370 38.08%
2021 45.402.752.870 -416.69%
2022 -120.979.015.550 137.53%
2023 142.843.643.455 184.69%
2023 6.883.947.790 -1975.03%
2024 -19.591.034.498 135.14%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

COWAY Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2007 284.016.893.000
2008 315.159.255.000 9.88%
2009 438.696.684.000 28.16%
2010 347.092.294.550 -26.39%
2011 314.468.714.900 -10.37%
2012 454.295.658.190 30.78%
2013 536.755.118.940 15.36%
2014 536.738.886.810 -0%
2015 512.842.861.970 -4.66%
2016 357.544.315.170 -43.43%
2017 553.585.083.430 35.41%
2018 539.129.777.650 -2.68%
2019 539.259.580.630 0.02%
2020 562.839.088.060 4.19%
2021 331.286.871.720 -69.89%
2022 164.458.234.700 -101.44%
2023 407.470.840.723 59.64%
2023 74.659.421.450 -445.77%
2024 44.691.013.775 -67.06%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

COWAY Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2007 234.108.644.000
2008 207.653.273.000 -12.74%
2009 328.792.081.000 36.84%
2010 252.516.970.710 -30.21%
2011 323.702.507.600 21.99%
2012 322.153.803.690 -0.48%
2013 272.669.014.150 -18.15%
2014 312.488.421.230 12.74%
2015 335.426.678.570 6.84%
2016 341.702.080.180 1.84%
2017 345.578.436.220 1.12%
2018 406.622.032.870 15.01%
2019 393.997.839.980 -3.2%
2020 328.247.900.690 -20.03%
2021 285.884.118.850 -14.82%
2022 285.437.250.250 -0.16%
2023 264.627.197.268 -7.86%
2023 67.775.473.660 -290.45%
2024 64.282.048.273 -5.43%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

COWAY Co., Ltd. Equity
Year Equity Growth
2007 528.384.348.000
2008 754.256.533.000 29.95%
2009 839.861.641.000 10.19%
2010 906.949.547.000 7.4%
2011 737.902.513.000 -22.91%
2012 785.084.821.320 6.01%
2013 940.888.508.920 16.56%
2014 1.039.435.029.250 9.48%
2015 1.238.227.830.790 16.05%
2016 1.183.343.758.560 -4.64%
2017 982.256.529.540 -20.47%
2018 1.087.698.232.410 9.69%
2019 1.077.195.584.530 -0.97%
2020 1.490.008.891.210 27.71%
2021 1.904.437.681.960 21.76%
2022 2.311.968.716.790 17.63%
2023 2.637.754.784.464 12.35%
2023 2.580.786.234.000 -2.21%
2024 2.822.031.719.144 8.55%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

COWAY Co., Ltd. Assets
Year Assets Growth
2007 939.284.584.000
2008 1.567.580.464.000 40.08%
2009 1.803.809.672.000 13.1%
2010 1.387.599.444.480 -29.99%
2011 1.624.718.676.700 14.59%
2012 1.755.108.360.390 7.43%
2013 1.667.858.723.450 -5.23%
2014 1.621.649.446.070 -2.85%
2015 1.775.397.142.510 8.66%
2016 1.967.707.893.350 9.77%
2017 2.158.873.074.810 8.85%
2018 2.378.903.077.060 9.25%
2019 2.854.954.793.880 16.67%
2020 3.029.023.072.510 5.75%
2021 3.800.627.982.540 20.3%
2022 4.365.074.875.320 12.93%
2023 5.002.374.724.396 12.74%
2023 4.695.717.565.000 -6.53%
2024 5.090.337.256.992 7.75%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

COWAY Co., Ltd. Liabilities
Year Liabilities Growth
2007 410.900.236.000
2008 813.323.932.000 49.48%
2009 963.948.031.000 15.63%
2010 659.316.158.200 -46.2%
2011 886.816.163.800 25.65%
2012 970.023.539.070 8.58%
2013 726.970.214.530 -33.43%
2014 582.214.416.810 -24.86%
2015 537.169.311.710 -8.39%
2016 784.364.134.790 31.52%
2017 1.176.616.545.270 33.34%
2018 1.291.204.844.640 8.87%
2019 1.777.759.209.350 27.37%
2020 1.539.014.181.300 -15.51%
2021 1.896.190.300.580 18.84%
2022 2.053.106.158.530 7.64%
2023 2.364.619.939.932 13.17%
2023 2.114.931.330.000 -11.81%
2024 2.268.305.537.848 6.76%

COWAY Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
56729.76
Net Income per Share
7210.96
Price to Earning Ratio
9.08x
Price To Sales Ratio
1.15x
POCF Ratio
11.87
PFCF Ratio
33.22
Price to Book Ratio
1.67
EV to Sales
1.45
EV Over EBITDA
3.82
EV to Operating CashFlow
14.93
EV to FreeCashFlow
41.98
Earnings Yield
0.11
FreeCashFlow Yield
0.03
Market Cap
4.710,05 Bil.
Enterprise Value
5.951,69 Bil.
Graham Number
79663.04
Graham NetNet
-16419.04

Income Statement Metrics

Net Income per Share
7210.96
Income Quality
0.77
ROE
0.19
Return On Assets
0.1
Return On Capital Employed
0.22
Net Income per EBT
0.73
EBT Per Ebit
0.92
Ebit per Revenue
0.19
Effective Tax Rate
0.28

Margins

Sales, General, & Administrative to Revenue
0.35
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.62
Operating Profit Margin
0.19
Pretax Profit Margin
0.17
Net Profit Margin
0.13

Dividends

Dividend Yield
0.02
Dividend Yield %
2.06
Payout Ratio
0.19
Dividend Per Share
1350

Operating Metrics

Operating Cashflow per Share
5519.5
Free CashFlow per Share
1963.56
Capex to Operating CashFlow
0.64
Capex to Revenue
0.06
Capex to Depreciation
0.6
Return on Invested Capital
0.14
Return on Tangible Assets
0.11
Days Sales Outstanding
102.83
Days Payables Outstanding
19.9
Days of Inventory on Hand
47.01
Receivables Turnover
3.55
Payables Turnover
18.34
Inventory Turnover
7.76
Capex per Share
3555.94

Balance Sheet

Cash per Share
1.604,14
Book Value per Share
39.083,80
Tangible Book Value per Share
36483.81
Shareholders Equity per Share
39114.52
Interest Debt per Share
18663.61
Debt to Equity
0.46
Debt to Assets
0.26
Net Debt to EBITDA
0.8
Current Ratio
1.01
Tangible Asset Value
2.634,30 Bil.
Net Current Asset Value
-729,07 Bil.
Invested Capital
1221938907275
Working Capital
16,92 Bil.
Intangibles to Total Assets
0.04
Average Receivables
1.115,32 Bil.
Average Payables
87,13 Bil.
Average Inventory
205854030887
Debt to Market Cap
0.28

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

COWAY Co., Ltd. Dividends
Year Dividends Growth
2001 235
2002 175 -34.29%
2003 150 -16.67%
2004 250 40%
2005 340 26.47%
2006 400 15%
2007 780 48.72%
2008 870 10.34%
2009 1.010 13.86%
2010 1.050 3.81%
2011 1.050 0%
2013 2.710 61.25%
2014 2.000 -35.5%
2015 2.800 28.57%
2016 3.200 12.5%
2017 3.200 0%
2018 3.600 11.11%
2019 2.400 -50%
2020 1.200 -100%
2021 1.250 4%
2022 1.300 3.85%
2023 1.350 3.7%

COWAY Co., Ltd. Profile

About COWAY Co., Ltd.

Coway Co., Ltd. operates in the home wellness appliances industry in South Korea, the United States, Malaysia, China, Thailand, Indonesia, and Vietnam. It provides air purifiers, water purifiers, bidets, juicers, water softeners, and other home wellness appliances; and Internet of Things products and services to care for people's lives in a fundamental manner. The company is also involved in the provision of mattress rental and air conditioner disinfection cleaning services; and automatic matching services. In addition, it offers anti-aging cosmetics under the Re:NK brand; fermented oriental herbal cosmetics under the Allvit brand; and functional healthy food under the Healthygru: brand. Further, the company provides water and sewage treatment, sewage and wastewater reuse, industrial water purification, and industrial wastewater treatment services; and rents water purifiers, bidets, etc. Coway Co., Ltd. was founded in 1989 and is headquartered in Seoul, South Korea.

CEO
Mr. Jang-Won Seo
Employee
6.021
Address
Joongangilbo Building
Seoul, 100-759

COWAY Co., Ltd. Executives & BODs

COWAY Co., Ltd. Executives & BODs
# Name Age
1 Mr. Jang-Won Seo
Chief Executive Officer, President & Director
70
2 Mr. Kwang-Sig Shin
Head of Environmental Quality Research Center and Managing Director
70
3 Jae-Ho Lee
Chief Financial Officer, Head of Business Management Division and Senior Executive Vice President
70
4 Mr. Jong-Bae Kim
Head of Environmental Home Appliances HQ and Senior Executive Vice President
70
5 Mr. Sun-Yong Lee
Head of Environmental Technology Research Center and Executive Vice President
70
6 Mr. Sang-Joon Kim
Head of Communication Office and Managing Director
70
7 Yong-Joo Park
Head of Marketing Department and Executive Vice President
70

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