미분류

[STOCK WATCH] Avista hikes 7%

By thinkpool
  • Published : Oct 28, 2016 - 13:48
  • Updated : Oct 28, 2016 - 16:48
  
- The Return On Risk, -3.0, is in the lower class, it is lower than the industrial mean
- All related stocks decline. Textile & Wearing Apparel industry -1.95%
- Institutions and Foreigners sell, Individuals buy
- Price Range quite high
- The main shareholding group is Individuals


Market Review
As of Oct. 28 01:10 P.M., Avista (090370) increased 6.72% to 1,430 won (US$ 1.25). It had declined 10.63% through the past month. Standard deviation, the volatility index for stock price, was 3.5% on the same period of time over one month.

Compared with its close competitors within the same industry, KOSPI, as the monthly volatility of Avista remained at the highest level, the investment return for 1 month was negative. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -3.0%. As increasing of volatility and decline of stock price, the return-on-risk was poor. Moreover, compared with the KOSPI industry, the return-on-risk is below the industrial mean, -2.5, and thus it is hard to say that the industrial comparison performance was positive. 

Comparing industry to the market, the KOSPI industry including Avista records higher volatility but lower earning rate than Textile & Wearing Apparel. Even though the earning rate of the industry is negative, the industry was more satisfactory than the market.


Close CompetitorsEarning rate (%)STD (1Mo)Return on
Risk (1Mo)
1 Mo3 Mo6 Mo
AVISTA INC.(090370)-10.6%-45.7%-61.6%3.5%-3.0
SEONGAN(011300)-6.3%-2.3%5.1%2.3%-2.7
WONLIM(005820)-13.2%14.4%14.4%2.0%-6.5
ILJEONG IND(008500)-2.8%0.5%-2.8%1.0%-2.7
NAMYEUNG(002070)-2.3%-7.1%-8.0%0.8%-2.8
 
Textile & Wearing Apparel-3.6%0.2%-5.1%1.0%-3.6
KOSPI-1.5%-1.0%-0.3%0.6%-2.5



Earnings & Valuation
AVISTA INC.(090370): 2Q(Apr ~ June) of 2016 Earnings (reported at Aug. 17. 2016)
 RevenueOperating IncomeNet Income
2Q of 2016193.1 T-143.0 T-151.1 T
Previous Quarter32.9% declinelossloss
YoY16.5% declinelossloss

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

P/E ratio and P/B ratio
Close CompatitorsROEPERPBRBasic Date
AVISTA INC.(090370)0.0--June 2016
WONLIM(005820)9.05.90.5June 2016
ILJEONG IND(008500)4.315.00.6June 2016
NAMYEUNG(002070)-7.5-0.4June 2016
SEONGAN(011300)-1.8-0.6June 2016



Investor Group
Institutions and Foreigners sell, Individuals buy
Foreigners sold 64,186 shares. As a shareholding sum by investor group for the past 4 weeks, foreigners have sold 401,939 shares with maintenance of a selling position and institutions have sold 5,260 shares with waiting after selling in early trading. However, during the same period, individuals have bought 407,199 shares with an increasing position. 

Price Range quite high
Regarding the statistics for the past month on trade volume as the total outstanding shares, the daily turnover rate of Avista was 3.11%. Since the daily volatility, 10.82%, is quite high, one must pay attention to invest.

The main shareholding group is Individuals
As per the inquiry for shareholding by investor group, the major investor group is individuals with 90.54% from total outstanding shares. Foreigners and institutions each hold 9.42% and 0.02%. And as recent 5-day shareholding change by investor group, individuals hold 93.17% and foreigners hold 6.82% of total outstanding shares.

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