Mirae Corporation Logo

Mirae Corporation

025560.KS

(1.2)
Stock Price

1.025,00 KRW

-21.3% ROA

-26.92% ROE

-1.66x PER

Market Cap.

87.848.155.020,00 KRW

20.94% DER

0% Yield

-96.75% NPM

Mirae Corporation Stock Analysis

Mirae Corporation 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.

Mirae Corporation Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.17x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a low debt to equity ratio (20%), which means it has a small amount of debt compared to the ownership it holds

3 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

4 ROE

The stock's ROE indicates a negative return (-25.54%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-19.61%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

7 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (-5.077), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

Mirae Corporation 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.

Mirae Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Mirae Corporation 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.

Mirae Corporation Revenue
Year Revenue Growth
2007 81.161.409.000
2008 56.825.934.000 -42.82%
2009 43.861.792.000 -29.56%
2010 80.663.298.000 45.62%
2011 73.769.042.650 -9.35%
2012 33.767.221.130 -118.46%
2013 34.789.440.510 2.94%
2014 24.104.427.430 -44.33%
2015 25.548.219.640 5.65%
2016 23.311.149.480 -9.6%
2017 34.478.510.840 32.39%
2018 34.499.215.730 0.06%
2019 27.691.977.190 -24.58%
2020 41.560.381.730 33.37%
2021 48.338.413.650 14.02%
2022 56.171.983.500 13.95%
2023 34.504.652.000 -62.8%
2023 21.739.463.482 -58.72%
2024 23.556.543.416 7.71%

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.

Mirae Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2007 214.744.000
2008 65.245.000 -229.13%
2009 134.150.000 51.36%
2010 103.608.000 -29.48%
2011 30.112.000 -244.08%
2012 0 0%
2013 0 0%
2014 195.508.000 100%
2015 316.041.000 38.14%
2016 659.939.000 52.11%
2017 298.822.000 -120.85%
2018 158.575.000 -88.44%
2019 67.381.000 -135.34%
2020 319.523.670 78.91%
2021 1.089.352.070 70.67%
2022 975.994.100 -11.61%
2023 0 0%
2023 1.117.928.404 100%
2024 3.623.616.000 69.15%

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.

Mirae Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2007 2.270.156.000
2008 2.211.840.000 -2.64%
2009 1.493.409.000 -48.11%
2010 2.303.131.000 35.16%
2011 2.476.028.000 6.98%
2012 1.972.484.000 -25.53%
2013 1.435.387.000 -37.42%
2014 1.151.788.000 -24.62%
2015 1.184.615.000 2.77%
2016 1.269.108.000 6.66%
2017 1.761.629.000 27.96%
2018 1.810.693.000 2.71%
2019 1.213.696.000 -49.19%
2020 619.780.880 -95.83%
2021 824.595.370 24.84%
2022 1.148.736.070 28.22%
2023 7.549.464.000 84.78%
2023 1.060.125.100 -612.13%
2024 11.447.956.000 90.74%

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.

Mirae Corporation EBITDA
Year EBITDA Growth
2007 8.922.767.000
2008 -20.123.319.000 144.34%
2009 -3.468.673.000 -480.14%
2010 6.904.109.000 150.24%
2011 -6.139.324.350 212.46%
2012 -11.743.892.900 47.72%
2013 873.774.340 1444.04%
2014 -5.196.116.550 116.82%
2015 478.697.350 1185.47%
2016 -5.069.871.240 109.44%
2017 -8.834.498.360 42.61%
2018 -8.921.824.100 0.98%
2019 -2.770.275.000 -222.06%
2020 2.676.057.980 203.52%
2021 11.535.431.960 76.8%
2022 8.346.237.850 -38.21%
2023 12.093.016.000 30.98%
2023 -19.226.959.720 162.9%
2024 -4.747.858.400 -304.96%

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.

Mirae Corporation Gross Profit
Year Gross Profit Growth
2007 18.237.999.000
2008 6.530.964.000 -179.25%
2009 8.393.417.000 22.19%
2010 20.449.531.000 58.96%
2011 12.378.341.940 -65.2%
2012 1.528.027.210 -710.09%
2013 7.854.115.800 80.54%
2014 3.034.583.100 -158.82%
2015 7.372.685.360 58.84%
2016 3.620.288.460 -103.65%
2017 4.224.648.080 14.31%
2018 -983.115.910 529.72%
2019 5.089.268.190 119.32%
2020 8.632.668.420 41.05%
2021 16.787.981.870 48.58%
2022 21.532.064.970 22.03%
2023 12.093.016.000 -78.05%
2023 -7.570.544.476 259.74%
2024 14.201.274.732 153.31%

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.

Mirae Corporation Net Profit
Year Net Profit Growth
2007 691.236.000
2008 -38.604.594.000 101.79%
2009 -9.577.527.000 -303.07%
2010 1.308.618.000 831.88%
2011 -18.215.971.000 107.18%
2012 -28.621.147.130 36.35%
2013 -7.370.700.580 -288.31%
2014 -13.017.534.650 43.38%
2015 2.124.002.000 712.88%
2016 -9.495.799.600 122.37%
2017 -13.656.995.240 30.47%
2018 -13.301.480.100 -2.67%
2019 -6.885.887.000 -93.17%
2020 -15.023.716.700 54.17%
2021 7.490.277.070 300.58%
2022 8.023.364.150 6.64%
2023 -139.908.000 5834.74%
2023 -33.036.898.211 99.58%
2024 -18.612.965.332 -77.49%

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.

Mirae Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2007 717
2008 -37.810 101.89%
2009 -8.900 -324.82%
2010 967 1020.37%
2011 -14.794 106.54%
2012 -22.270 33.57%
2013 -5.324 -318.37%
2014 -8.130 34.52%
2015 1.129 820.02%
2016 -3.991 128.29%
2017 -5.165 22.73%
2018 -4.930 -4.77%
2019 -22.345 77.94%
2020 -742 -2911.46%
2021 307 341.69%
2022 302 -1.99%
2023 -5 7625%
2023 -1.148 99.65%
2024 -612 -87.58%

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.

Mirae Corporation Free Cashflow
Year Free Cashflow Growth
2007 -23.371.165.000
2008 -11.646.816.000 -100.67%
2009 -4.287.295.000 -171.66%
2010 -10.985.109.000 60.97%
2011 -8.614.427.370 -27.52%
2012 -4.680.745.830 -84.04%
2013 -1.245.052.560 -275.95%
2014 -8.234.464.360 84.88%
2015 -10.474.854.410 21.39%
2016 -10.168.402.480 -3.01%
2017 -3.085.667.130 -229.54%
2018 -1.663.857.110 -85.45%
2019 -2.389.456.280 30.37%
2020 -10.933.654.290 78.15%
2021 3.247.248.460 436.71%
2022 -686.455.470 573.05%
2023 5.969.637.201 111.5%
2023 928.862.280 -542.68%
2024 3.288.301.508 71.75%

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.

Mirae Corporation Operating Cashflow
Year Operating Cashflow Growth
2007 -17.949.108.000
2008 -3.940.017.000 -355.56%
2009 3.431.571.000 214.82%
2010 -3.391.509.000 201.18%
2011 -1.179.884.780 -187.44%
2012 1.739.525.940 167.83%
2013 657.946.940 -164.39%
2014 -6.170.911.470 110.66%
2015 -8.445.759.710 26.93%
2016 -8.581.896.320 1.59%
2017 -930.661.250 -822.13%
2018 -1.531.649.230 39.24%
2019 -2.206.411.840 30.58%
2020 -683.396.330 -222.86%
2021 5.207.355.060 113.12%
2022 22.346.080 -23203.21%
2023 6.688.821.934 99.67%
2023 981.653.500 -581.38%
2024 -1.333.404.845 173.62%

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.

Mirae Corporation Capital Expenditure
Year Capital Expenditure Growth
2007 5.422.057.000
2008 7.706.799.000 29.65%
2009 7.718.866.000 0.16%
2010 7.593.600.000 -1.65%
2011 7.434.542.590 -2.14%
2012 6.420.271.770 -15.8%
2013 1.902.999.500 -237.38%
2014 2.063.552.890 7.78%
2015 2.029.094.700 -1.7%
2016 1.586.506.160 -27.9%
2017 2.155.005.880 26.38%
2018 132.207.880 -1530.01%
2019 183.044.440 27.77%
2020 10.250.257.960 98.21%
2021 1.960.106.600 -422.94%
2022 708.801.550 -176.54%
2023 719.184.733 1.44%
2023 52.791.220 -1262.32%
2024 -4.621.706.353 101.14%

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.

Mirae Corporation Equity
Year Equity Growth
2007 85.332.807.000
2008 46.833.881.000 -82.2%
2009 50.762.765.000 7.74%
2010 68.241.510.000 25.61%
2011 50.730.534.760 -34.52%
2012 38.022.915.000 -33.42%
2013 30.559.450.700 -24.42%
2014 37.874.762.290 19.31%
2015 48.252.470.000 21.51%
2016 73.095.189.030 33.99%
2017 60.616.740.460 -20.59%
2018 47.599.883.480 -27.35%
2019 66.284.178.000 28.19%
2020 64.075.327.930 -3.45%
2021 84.642.274.980 24.3%
2022 96.707.282.206 12.48%
2023 74.906.883.321 -29.1%
2023 95.017.918.000 21.17%
2024 73.085.207.265 -30.01%

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.

Mirae Corporation Assets
Year Assets Growth
2007 156.620.088.000
2008 102.893.344.000 -52.22%
2009 104.484.796.000 1.52%
2010 140.990.405.000 25.89%
2011 126.114.458.160 -11.8%
2012 96.187.993.430 -31.11%
2013 75.968.359.360 -26.62%
2014 64.768.918.100 -17.29%
2015 70.111.791.770 7.62%
2016 84.503.325.330 17.03%
2017 84.456.716.950 -0.06%
2018 68.651.324.000 -23.02%
2019 74.810.111.850 8.23%
2020 95.757.333.090 21.88%
2021 117.721.878.980 18.66%
2022 134.409.509.630 12.42%
2023 102.246.104.619 -31.46%
2023 120.941.339.000 15.46%
2024 101.675.875.685 -18.95%

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.

Mirae Corporation Liabilities
Year Liabilities Growth
2007 71.287.281.000
2008 56.059.463.000 -27.16%
2009 53.722.031.000 -4.35%
2010 72.748.896.000 26.15%
2011 75.383.923.400 3.5%
2012 58.165.078.430 -29.6%
2013 45.408.908.660 -28.09%
2014 26.894.155.810 -68.84%
2015 21.859.321.770 -23.03%
2016 11.408.136.300 -91.61%
2017 23.839.976.490 52.15%
2018 21.051.440.520 -13.25%
2019 8.525.933.850 -146.91%
2020 31.682.005.160 73.09%
2021 33.079.604.000 4.22%
2022 41.043.553.910 19.4%
2023 27.339.221.298 -50.13%
2023 25.923.421.000 -5.46%
2024 28.590.668.420 9.33%

Mirae Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
733.12
Net Income per Share
-709.31
Price to Earning Ratio
-1.66x
Price To Sales Ratio
3.94x
POCF Ratio
-76.66
PFCF Ratio
-66.16
Price to Book Ratio
0.49
EV to Sales
4.43
EV Over EBITDA
-5.73
EV to Operating CashFlow
-210.76
EV to FreeCashFlow
-74.3
Earnings Yield
-0.6
FreeCashFlow Yield
-0.02
Market Cap
87,85 Bil.
Enterprise Value
98,66 Bil.
Graham Number
6193.34
Graham NetNet
87.22

Income Statement Metrics

Net Income per Share
-709.31
Income Quality
0.02
ROE
-0.27
Return On Assets
-0.21
Return On Capital Employed
-0.25
Net Income per EBT
1.04
EBT Per Ebit
1.05
Ebit per Revenue
-0.88
Effective Tax Rate
-0.06

Margins

Sales, General, & Administrative to Revenue
0.25
Research & Developement to Revenue
0.09
Stock Based Compensation to Revenue
0
Gross Profit Margin
-0.26
Operating Profit Margin
-0.88
Pretax Profit Margin
-0.93
Net Profit Margin
-0.97

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-15.39
Free CashFlow per Share
-43.67
Capex to Operating CashFlow
-1.84
Capex to Revenue
0.04
Capex to Depreciation
1.24
Return on Invested Capital
-0.23
Return on Tangible Assets
-0.21
Days Sales Outstanding
124.74
Days Payables Outstanding
8.06
Days of Inventory on Hand
109.9
Receivables Turnover
2.93
Payables Turnover
45.29
Inventory Turnover
3.32
Capex per Share
28.27

Balance Sheet

Cash per Share
700,53
Book Value per Share
2.403,44
Tangible Book Value per Share
2389.26
Shareholders Equity per Share
2403.44
Interest Debt per Share
546.85
Debt to Equity
0.21
Debt to Assets
0.15
Net Debt to EBITDA
-0.63
Current Ratio
1.62
Tangible Asset Value
72,65 Bil.
Net Current Asset Value
9,10 Bil.
Invested Capital
32096457179
Working Capital
14,46 Bil.
Intangibles to Total Assets
0
Average Receivables
7,74 Bil.
Average Payables
1,03 Bil.
Average Inventory
8679708121
Debt to Market Cap
0.17

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.

Mirae Corporation Dividends
Year Dividends Growth

Mirae Corporation Profile

About Mirae Corporation

Mirae Corporation manufactures and sells semiconductor equipment primarily in South Korea, China, and rest of Asia, Europe, Africa, north America, and south America. It offers hybrid placement and insertion systems; reel tape feeders; and SMT software consisting of standard machine software, feeder barcode systems, LED rank control systems, offline editor software, offline feeder setup software, and line manager systems. The company also provides accessories, such as reel exchangers, feeder stackers, trolleys, stick feeders, internal reel exchangers, bar code systems, off-line trolley setup kits, LSM2 supplies, manual trays, feeder precision adjustion stations, and reel tape cutters. In addition, it offers memory and module test handlers, and burn in sorters; and linear motor technology products, as well as MRM series. Mirae Corporation was founded in 1983 and is headquartered in Cheonan, South Korea.

CEO
Jong Eop Seon
Employee
95
Address
#65, Baekseokgongdan7-ro
Cheonan-si, 31093

Mirae Corporation Executives & BODs

Mirae Corporation Executives & BODs
# Name Age
1 Mr. Jong-Won Kim
Director of Research Center, Head of SMT Development Division & Director
70
2 Kee-Hoon Jung
Chief Financial Officer and Senior Managing Director
70
3 Jong Eop Seon
Chief Executive Officer
70
4 Yong-Sung Park
Chief Technology Officer and Managing Director
70

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