Obermatt

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Earnings warningFinancial distress

Korea Aerospace

KSC:047810 · KR7047810007
Aerospace & DefenseMedium

360

17
EV / EBIT36
Price / Owner Earnings29
Owner Earnings Yield42
Dividend Yield49
Price/Sales24
EV / Gross Profit22
Price/Book9
Return on Capital23
Cash Return on Capital36
Return on Equity44
EBIT Margin24
Gross Profitability11
Cash Conversion1
Accruals15
Owner Earnings Margin44
Sales growth95
Profit Growth67
Long-Term EPS Growth98
Owner Earnings Growth78
Reinvestment85
Price momentum71
Debt load11
Refinancing51
Debt Payback14
Liquidity44
Analyst ratings53
Opinion Changes50
Price Target Upside83
Market mood85
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Korea Aerospace clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountrySouth Korea
IndustryAerospace & Defense
SizeMedium
TypePublic Company
ExchangeKOSE
Employees399
ISINKR7047810007
Last UpdateApr 2, 2026
Themes
SpaceTechPassenger Aircraft ManufacturingDefenseTechAerospaceCloud Data ServicesManufacturing

Description

Analysis

Weak and unloved

Korea Aerospace Industries, Ltd. scores below average on quality and is priced accordingly, a low-conviction position in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 74.5×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 24% a year, against analyst forecasts of 46%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is fragile. The company scores 12/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
45
2023202420252026

All-time high

45

Jun 2026

All-time low

4

Jan 2024

Average rank

31

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
24
23
13
18
Price/Earnings
10
14
5
5
Price/Book
9
14
3
14
Dividend Yield
49
21
17
19
Value (overall)
10
15
3
3

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →