ؼ ߴ ƺƿ . ƺƿ 18 9 15 0.5% 27800 ̴.
ؼ ְ ݵŴ ǵƼ ߴ. 2008 < Ÿӽ> ġ ƹ ̾, Բ 10 ߴ.
ؼ ڽ å ؼ (Investing Against The Tide) Ģ ִ. ״ ϱ پ ̼ ǥ Ȯϸ ľϰ ߴ.
ƺƿ 2 12 ؼ 밡 Ұ ִ. ְ ö 2 12(23750) 17.7% ̴( - [밡 ] ƺƿ, ź ձݰ 1ü).
ƺƿ ְ Ŀ ؼ 6 Ѵ. ְ õ PER, PSR, PCR, EV/EBITDA ġ Ѵ.
[ǥ] ƺƿ, ؼ Ǻ
:2016 3 17
(ڷ:GSŬ)
ǥ PER 6.6 3б ȯ ̴. ݿ ƺƿ ְ(PER) 6.1 5 9.1 . ְ(PSR) 0.5, ְ帧(PCR) 2.9 ؼ ״.
ƺƿ 1 29 4б ´. 4б ( ) ( ) 106% 1969̴. 37% 701 ߴ. 72% 552̴. ƺƿ 3 âƯ 54.82% μ 2015 1б 繫ǥ ۼߴ.
캸, 2015 15% 25267̴. 27% 2223 ߴ. 34% 1650̴.
ƺƿ 繫´ ȣ ̴. 3б ƺƿ ä 66%, 276%. Ϲ ä 100% , 100% ̻ 繫° ϴٰ ǴѴ.
Աݺ 28%(Ա 7111), ں 9 ں ִ · ū ´. Ա 1б ϰ ִ.
ƺƿ 帧(FCF) Ǵ . ƺƿ 10 FCF 308 5 1405, 3 1525 ӵ ߴ.
帧 Ϳ ɷ Ǵ Ű ڵǴ ڻ ݾ̴. 帧 ͺ ų ؿ ִ øµ ־ ڰ ʿ ʴ. âν ġ ̰ ȴ.
帧ǥ ȣ Ȱ(+), Ȱ(-), 繫Ȱ(-) 帧 ȣ ̴ 2014 4б Ȱ(+), Ȱ(-), 繫Ȱ(+) ϰ ִ. ƺƿ 2014 4б 1б Ա 8431 ø ִ.
ſڻ( ſڻ) 7 ƺƿ Ȯߴٰ ߴ. ſڻ 1 26 ƺƿ 5% Ѱ ߴٰ ִ. ֱ ۼ 3 4 7.23% ۼ 1 25 2.06%P þ. п Ӱຸ 2.8% Եƴ.
GSŬ...
- ' öŸ'..ֱ 10Ⱓ 32%~40%
ڰ ϴ GSŬ ġ 밡 ڹ Ѵ. ' (Giant's Shoulder) öŸ' 9 ̴.
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