Ű濡 簡 Խϴ. ڷ ̴.
Ǿµ ͷ ü ҽϴ. ( 뷫 11% ~9% )
ڸ, ( 14.13% ) , Ŵ ( 13.33% ) , ǿ ( 11.01% ), ߾ӰǼ( 10.71% ) , ϰǼ( 10.67% ) , ϰǾ, ķ긮, .. ŭ ִ ϰڽϴ. ( ȣ ͷ̾ϴ. )
ͷ̼ 츸 캸Ҵµ,, ,, ̴.
ٵ ȭϷο ִ, Ȥ , 2б ϱ ٽ
ʿ ִٰ մϴ.
μ â Ʈ 35% ֽϴ. ( 10200,
۳ 800 ϱ ͷ 8% Ǵ±. )
â,, ڵ, Ȱ ȸε, Ȩ ǰ
ڴ.
̴ , â ڵԴϴ.
1. PER 2.5, ROE 18%
PER 3Ⱓ PER ó ֽϴ
2. 缺
98 99 00 01 02
EPS 476 2141 1664 2763 4041
缺(%) 46 23 24 23 19
ִ() 250 500 400 650 800
, Ź ϴ , 缺 30% Ѵ ϴ.
( ƴϸ, ȭǰ ִٰų,, ^^: )
κ Ѹٴ . 缺 20%鼭 ͷ
8% ( â ) , 缺 80%鼭 ͷ 11.69% ( s-oil )
ŷϱ? ( ̴ 强̴ ٸ ϴ ʴ´ٴ پ߰
)
۳ 缺
Ŵ : 40%
߾ӰǼ : 17%
Ǿؿ : 76%
: 18%
3. ϴ
Ȱ ġϰ, ü ֵϰ ִ ڽϴ.
â ۿԽϴ.
1999 2000 2001 2002
( : % )
â 10.4 10 11.3 12
10% غ, ٸ 鵵 մϴ.
ô븦 ϳ. .
â SK LG MOBIL ̼ S-OIL
1999 (%) : 10 17 16 9 7 8
( ֱڷᰡ 99 ڷḦ ߽ϴ. )
4. 强 - 5Ⱓ û µ ΰ Դϴ. ۳ ũ Ѱó
, 2б Ŀ üǾ ֽϴ.
̹ 1б ۳ 1б 0% ߽ϴ. ̷ ٸ ص 800
ٵ, ݴ Ҹ , 1б 10% þٴ Դϴ.
͵ 10% ߴµ, ̶ũ ȯ þ
״ζ Դϴ. ٲپ ϸ, ȯ Ǿ 1б⸸ŭ ص
10% Ѵٴ Ⱑ ˴ϴ. ( 8 ) б ٵ غ
?.
-> ְ 10000 ̰ 1б ſ
Դϴ. 8% 綧 и ʴ° , 2б ְ
ݴ ź ͳ.
-> 1Ⱓ ͷ 15%, 3 -5% Դϴ. ̷ ֽ ϶弼 Ѱ
ϴ. 1б Ҵ 3 ͷ ÷̾ ƽϴ.
2б ʴ´ٸ Ұ ͷ ϴ.
, 8% ̰. ( 1960 1990 30⵿ s&p
12%±. 8% . )
( 0)