Coretec Group Inc (CRTG)

[iamthe walrus]

November 8th 2024 article Not sure simply wallstrret has the most accurate assessment but heres there estimates on Kib

" Most readers would already be aware that Kib plug energy's (KRX:015590) stock increased significantly by 24% over the past month. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. In this article, we decided to focus on Kib plug energy's ROE. "

So, based on the above formula, the ROE for Kib plug energy is:

3.6% = ?4.7b ÷ ?130b (Based on the trailing twelve months to June 2024).

" It is quite clear that Kib plug energy's ROE is rather low. Even compared to the average industry ROE of 7.7%, the company's ROE is quite dismal. Kib plug energy was still able to see a decent net income growth of 5.3% over the past five years. Therefore, the growth in earnings could probably have been caused by other variables. For instance, the company has a low payout ratio or is being managed efficiently.

Next, on comparing with the industry net income growth, we found that Kib plug energy's reported growth was lower than the industry growth of 17% over the last few years, which is not something we like to see.
Complete Article link below

https://simplywall.st/stocks/kr/capital-goods/kose-a015590/kib-plug-energy-shares/news/is-kib-plug-energy-co-ltds-krx015590-recent-stock-performanc