■ Market Review

On Oct. 24, Meritz Insurance (000060) declined 1.27% to 15,600 won (US$ 13.77). It had edged along with a similar price through the past month. Standard deviation, which indicates variableness, records 1% on the same period of time over one month.

Compared with its close competitors within the same industry, KOSPI, as the monthly volatility of Meritz Insurance was lowest, the earnings rate was also relatively lower than that of its peer group. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was 0.1%. Though the volatility was the lowest among its peer group, the return-on-risk was low through a decline in investment returns. However, the return-on-risk is much better than the industrial mean, -0.5, and thus the industrial comparison performance was positive.

Close Competitors Earning rate (%) STD (1Mo) Return on Risk (1Mo)
1 Mo 3 Mo 6 Mo
OSUNG LST(052420) 28.9% 1.9% 35.3% 3.7% 7.8
S-MAC(097780) -2.8% -18.2% 4.6% 3.4% -0.8
S Connect(096630) -9.6% -25.7% 7.2% 2.8% -3.4
EM-Tech(091120) -9.4% -17.2% 0.0% 2.6% -3.6
UJU(065680) -7.5% 6.5% -6.9% 1.9% -3.9
IT Components -5.4% -7.6% -6.9% 1.0% -5.4
KOSDAQ -5.2% -6.7% -7.8% 0.8% -6.5

■ Earnings & Valuation

EM-Tech(091120): 2Q(Apr ~ June) of 2016 Earnings (reported at Aug. 17. 2016)
Revenue Operating Income Net Income
2Q of 2016 587.4 T 50.7 T 23.0 T
Previous Quarter 14.6% decline 22.0% decline 51.7% decline
YoY 44.5% increase 251.9% increase 34.7% increase

Financial structure Ov P/E ratio and P/B ratio

Close Compatitors ROE PER PBR Basic Date
EM-Tech(091120) 13.0 9.5 1.2 June 2016
OSUNG LST(052420) 0.0 - - June 2016
S Connect(096630) 7.5 28.4 2.1 June 2016
UJU(065680) 8.5 10.3 0.9 June 2016
S-MAC(097780) -38.3 - 1.9 June 2016

■ Investor Group

Institutions and Foreigners buy, Individuals sell From Oct. 14, foreigners have been continuously buying EM-Tech during the past 6 trading days. As a shareholding sum by investor group for the past 4 weeks, foreigners have bought 164,075 shares with a maintenance of shareholding and institutions have bought 27,690 shares with trending trade. However, during the same period, individuals have sold 191,765 shares with a decreasing position.

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.