(
MENAFN- ValueWalk) Watch the video with Andrew Stotz or read a summary of the country profile on Korea.
Special Offer – , Dr. Andrew Stotz (AKA the author here) is hosting a free webinar for ValueWalk readers on Nov 21st
Get Our Activist Investing Case Study! Get the entire 10-part series on our in-depth study on activist investing in PDF. Save it to your desktop, read it on your tablet, or print it out to read anywhere! Sign up below!
Four Pillars of GDP: Mainly driven by private consumption
Korea's GDP grows at relatively pace. Private consumption and investments have been the main contributors to GDP growth, while net exports have been a big drag.
Massive earnings growth expected in Korea in 2017
Analysts' estimates for 2017CE* EPS growth are way above the Asian average, at 51%. Looking at valuation, we can see that the ' remains, though.
A. Stotz Four Elements: Korea's rank relative to Asia
Overall, Korea is the most attractive in Asia considering all our four elements: Fundamentals, Valuation, Momentum, and Risk.
Fundamentals: Poor due to relatively low profitability in terms of ROE.
Valuation: The ' remains, cheapest in Asia.
Momentum: Massive earnings growth and good price momentum.
Risk: High volatility and high beta to Asia ex Japan.
Korean Energy saw a massive price gain in 3Q17
Top 3 largest sectors: Information Technology: 36% of the market; Consumer Discretionary: 12%; Industrials: 12%.
Best sector & stock: Energy: +21.9% & S-Oil Corp: +34.5%.
Worst sector & stock: Consumer Staples: -9.6% & It's Hanbul Co Ltd: -35.2%.
*CE is consensus estimates
Article by
MENAFN1711201701980000ID1096112056
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.