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Soltworks

KOSDAQ:A230980
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
A230980
KOSDAQ
₩63B
Market Cap
  1. Home
  2. KR
  3. Capital Goods
Company description

Soltworks Co., Ltd. develops and provides VR/AR/MR training simulation and smart learning systems. The last earnings update was 27 days ago. More info.


Add to Portfolio Compare Print
  • Soltworks has significant price volatility in the past 3 months.
A230980 Share Price and Events
7 Day Returns
4.8%
KOSDAQ:A230980
10%
KR Aerospace & Defense
6.7%
KR Market
1 Year Returns
-
KOSDAQ:A230980
-36.8%
KR Aerospace & Defense
-18.5%
KR Market
A230980 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Soltworks (A230980) 4.8% 4.1% -22.8% - -7.7% -
KR Aerospace & Defense 10% -9.7% -30.7% -36.8% -59% -50.5%
KR Market 6.7% -6.7% -16% -18.5% -14.8% -19.6%
1 Year Return vs Industry and Market
  • No trading data on A230980.
  • No trading data on A230980.
Price Volatility
A230980
Industry
5yr Volatility vs Market

A230980 Value

 Is Soltworks undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Soltworks. This is due to cash flow or dividend data being unavailable. The share price is ₩4865.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Soltworks's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Soltworks's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
KOSDAQ:A230980 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in KRW ₩-822.96
KOSDAQ:A230980 Share Price ** KOSDAQ (2020-04-09) in KRW ₩4865
Korea (Republic of) Aerospace & Defense Industry PE Ratio Median Figure of 8 Publicly-Listed Aerospace & Defense Companies 14.71x
Korea (Republic of) Market PE Ratio Median Figure of 1,320 Publicly-Listed Companies 13.09x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Soltworks.

KOSDAQ:A230980 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= KOSDAQ:A230980 Share Price ÷ EPS (both in KRW)

= 4865 ÷ -822.96

-5.91x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Soltworks is loss making, we can't compare its value to the KR Aerospace & Defense industry average.
  • Soltworks is loss making, we can't compare the value of its earnings to the Korea (Republic of) market.
Price based on expected Growth
Does Soltworks's expected growth come at a high price?
Raw Data
KOSDAQ:A230980 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.91x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Aerospace & Defense Industry PEG Ratio Median Figure of 24 Publicly-Listed Aerospace & Defense Companies 2x
Korea (Republic of) Market PEG Ratio Median Figure of 353 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Soltworks, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Soltworks's assets?
Raw Data
KOSDAQ:A230980 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in KRW ₩841.46
KOSDAQ:A230980 Share Price * KOSDAQ (2020-04-09) in KRW ₩4865
Korea (Republic of) Aerospace & Defense Industry PB Ratio Median Figure of 12 Publicly-Listed Aerospace & Defense Companies 1.53x
Korea (Republic of) Market PB Ratio Median Figure of 1,980 Publicly-Listed Companies 0.92x
KOSDAQ:A230980 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= KOSDAQ:A230980 Share Price ÷ Book Value per Share (both in KRW)

= 4865 ÷ 841.46

5.78x

* Primary Listing of Soltworks.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Soltworks is overvalued based on assets compared to the KR Aerospace & Defense industry average.
X
Value checks
We assess Soltworks's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. Soltworks has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

A230980 Future Performance

 How is Soltworks expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Soltworks has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.1%
Expected Aerospace & Defense industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Soltworks expected to grow at an attractive rate?
  • Unable to compare Soltworks's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Soltworks's earnings growth to the Korea (Republic of) market average as no estimate data is available.
  • Unable to compare Soltworks's revenue growth to the Korea (Republic of) market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
KOSDAQ:A230980 Future Growth Rates Data Sources
Data Point Source Value (per year)
Korea (Republic of) Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 18.1%
Korea (Republic of) Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 8.3%
Korea (Republic of) Market Earnings Growth Rate Market Cap Weighted Average 27.5%
Korea (Republic of) Market Revenue Growth Rate Market Cap Weighted Average 6.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
KOSDAQ:A230980 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in KRW Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
KOSDAQ:A230980 Past Financials Data
Date (Data in KRW Millions) Revenue Cash Flow Net Income *
2019-12-31 13,059 -1,333 -10,401
2019-09-30 35,770 422 -1,101
2019-06-30 33,440 1,959 -2,074
2019-03-31 35,041 2,932 -1,921
2018-12-31 7,673 4,480 -1,943
2018-09-30 31,558 3,620 -764
2018-06-30 26,472 3,316 -115
2018-03-31 17,743 846 649
2017-12-31 11,062 791 872

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Soltworks is high growth as no earnings estimate data is available.
  • Unable to determine if Soltworks is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
KOSDAQ:A230980 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Soltworks Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KOSDAQ:A230980 Past Financials Data
Date (Data in KRW Millions) EPS *
2019-12-31 -822.96
2019-09-30 -89.24
2019-06-30 -176.36
2019-03-31 -173.00
2018-12-31 -190.13
2018-09-30 -77.98
2018-06-30 -12.10
2018-03-31 71.64
2017-12-31 98.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Soltworks will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Soltworks's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  2. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Soltworks's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Korea (Republic of) market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Korea (Republic of) market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Soltworks has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

A230980 Past Performance

  How has Soltworks performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Soltworks's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Soltworks does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Soltworks's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Soltworks's 1-year growth to the KR Aerospace & Defense industry average as it is not currently profitable.
Earnings and Revenue History
Soltworks's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Soltworks Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KOSDAQ:A230980 Past Revenue, Cash Flow and Net Income Data
Date (Data in KRW Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 13,058.81 -10,401.16 2,703.45 357.29
2019-09-30 35,770.35 -1,101.16 3,998.64 584.76
2019-06-30 33,439.94 -2,074.32 3,803.14 324.32
2019-03-31 35,040.87 -1,921.44 3,058.91 312.54
2018-12-31 7,672.94 -1,942.57 1,616.72 304.00
2018-09-30 31,558.10 -764.45 2,454.22 196.26
2018-06-30 26,471.84 -114.67 1,909.20 131.33
2018-03-31 17,742.74 649.37 1,533.30 65.14
2017-12-31 11,061.73 871.98 1,012.68
2016-12-31 8,281.76 -2,161.60 1,076.78

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Soltworks has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Soltworks has efficiently used its assets last year compared to the KR Aerospace & Defense industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Soltworks improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Soltworks's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Soltworks has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

A230980 Health

 How is Soltworks's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Soltworks's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Soltworks's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Soltworks's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Soltworks's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Soltworks Company Filings, last reported 3 months ago.

KOSDAQ:A230980 Past Debt and Equity Data
Date (Data in KRW Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 10,897.18 6,458.74 10,702.79
2019-09-30 20,628.52 14,380.23 9,098.04
2019-06-30 20,242.23 9,759.03 8,430.03
2019-03-31 21,128.13 9,892.42 5,255.36
2018-12-31 22,544.63 17,534.11 13,941.11
2018-09-30 16,249.86 17,000.37 5,444.97
2018-06-30 16,210.53 17,339.40 7,212.57
2018-03-31 11,495.41 25,455.42 5,984.18
2017-12-31 10,390.88 22,459.57 3,483.55
2016-12-31 8,493.92 294.83 3,074.61
  • Soltworks's level of debt (59.3%) compared to net worth is high (greater than 40%).
  • Unable to establish if Soltworks's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Soltworks has sufficient cash runway for 1.6 years based on current free cash flow.
  • Soltworks has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 32.9% each year.
X
Financial health checks
We assess Soltworks's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Soltworks has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

A230980 Dividends

 What is Soltworks's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Soltworks dividends.
If you bought ₩2,000 of Soltworks shares you are expected to receive ₩0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Soltworks's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Soltworks's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
KOSDAQ:A230980 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Korea (Republic of) Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.2%
Korea (Republic of) Market Average Dividend Yield Market Cap Weighted Average of 913 Stocks 2.8%
Korea (Republic of) Minimum Threshold Dividend Yield 10th Percentile 0.6%
Korea (Republic of) Bottom 25% Dividend Yield 25th Percentile 1.2%
Korea (Republic of) Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Soltworks has not reported any payouts.
  • Unable to verify if Soltworks's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Soltworks's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Soltworks has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Soltworks's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Soltworks afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Soltworks has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

A230980 Management

 What is the CEO of Soltworks's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Soltworks has no CEO, or we have no data on them.
Management Team
Board of Directors
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₩) Value (₩)
X
Management checks
We assess Soltworks's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Soltworks has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

A230980 News

Simply Wall St News

A230980 Company Info

Description

Soltworks Co., Ltd. develops and provides VR/AR/MR training simulation and smart learning systems. The company provides experimental 4D VR simulators for safety education to prevent industrial accidents; educational simulators for operational training; educative maintenance training simulators; 360° omni-directional virtual training systems, which offer VR experience by grasping and analyzing a user's motion through a large screen and an omni-directional sensor; and educational augmented reality systems that provide virtual information based on realty in a three-dimensional manner. It also offers smart learning systems that provide systematic and optimized complete training solutions through interaction with various smart equipment and systems; and develops mobile solutions in various fields. Soltworks Co., Ltd. was founded in 1985 and is headquartered in Seoul, South Korea.

Details
Name: Soltworks Co., Ltd.
A230980
Exchange: KOSDAQ
Founded: 1985
₩62,716,816,680
12,891,432
Website: http://www.soltworks.co.kr
Address: Soltworks Co., Ltd.
405 Ace Techno Tower,
8th, 11 Digital-ro,
Seoul,
South Korea
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
KOSDAQ A230980 Common Stock KOSDAQ KR KRW 22. Nov 2016
Number of employees
Current staff
Staff numbers
0
Soltworks employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 19:48
End of day share price update: 2020/04/09 00:00
Last earnings filing: 2020/03/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.