Obermatt

Coway

KSC:021240 · KR7021240007
Household DurablesLarge

360

93
EV / EBIT73
Price / Owner Earnings82
Owner Earnings Yield92
Dividend Yield83
Price/Sales44
EV / Gross Profit88
Price/Book49
Return on Capital81
Cash Return on Capital90
Return on Equity81
EBIT Margin91
Gross Profitability95
Cash Conversion15
Accruals3
Owner Earnings Margin94
Sales growth69
Profit Growth89
Long-Term EPS Growth83
Owner Earnings Growth73
Reinvestment49
Price momentum48
Debt load29
Refinancing51
Debt Payback42
Liquidity48
Analyst ratings73
Opinion Changes50
Price Target Upside79
Market mood69
Value Creation18/20strong value creator
  • 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

Coway generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountrySouth Korea
IndustryHousehold Durables
SizeLarge
TypePublic Company
ExchangeKOSE
Employees119
Websitecoway.com
ISINKR7021240007
Last UpdateApr 2, 2026
Themes
Environment, Health and Safety (EH&S)Water PurificationCleanTechPollution ControlHome ImprovementB2BCustomer ServiceE-CommerceManufacturing

Description

Analysis

Middle-of-the-road

COWAY Co., Ltd. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is attractive. You pay 6.7× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -9% yearly growth; analysts expect 13%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is adequate. The company scores 18/20 on our value-creation score: strong value creator.

What to watch: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
81
2023202420252026

All-time high

81

Jun 2026

All-time low

17

Jan 2023

Average rank

49

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
44
34
40
26
Price/Earnings
73
83
82
41
Price/Book
49
22
40
24
Dividend Yield
83
70
41
34
Value (overall)
67
49
43
19

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

Similar Stocks

The companies this stock is ranked against.

Compare Coway with its peers
Sharp
TYO:6753
21
CountryTaiwan
IndustryHousehold Durables
SizeX-Large
Full Stock Analysis →
Zinus
KSC:013890
11
CountrySouth Korea
IndustryHousehold Durables
SizeMedium
Full Stock Analysis →
Shinil Electronics
KSC:002700
26
CountrySouth Korea
IndustryHousehold Durables
SizeSmall
Full Stock Analysis →
Zojirushi
TYO:7965
68
CountryJapan
IndustryHousehold Durables
SizeSmall
Full Stock Analysis →
Cuckoo
KSC:192400
99
CountrySouth Korea
IndustryHousehold Durables
SizeSmall
Full Stock Analysis →
LG Electronics
KSC:066570
77
CountrySouth Korea
IndustryHousehold Durables
SizeSmall
Full Stock Analysis →

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 →