How is the "current Korean median" calculated?

Jupick sorts the measured values of that metric for the Korean stocks on its watchlist from smallest to largest and takes the middle value. Neutral substitute values and values that do not hold because of a loss are left out, and metrics with a sample under 20 stocks get no median. The median is used instead of the average because a few extreme values do not move it.

Why are valuation metrics such as PER and PBR left out of the overall grade?

The grade measures whether a company is sound, while valuation answers a different question: whether the current price is high or low relative to earnings and assets. Mixing the two in one score would blur which is which, so valuation is shown separately from the grade.

How are stocks with missing or invalid metric values handled?

Depending on the market or sector, some metrics are not available at all, and for a loss-making company, metrics divided by earnings, such as PER, do not hold. Such values are left out of the medians on this page and, for grading, are handled by the rules in the grade methodology.

Can the numbers in this table be used to choose stocks?

Metrics are yardsticks for reading a company's condition, not trading signals. A median only shows where common values sit in the market. It does not say a particular stock is good or where its price goes. Use them to read metrics in the same area together and to compare stocks in the same sector and market.

METRICS

Metrics at a glance

The metrics used to read stocks, sorted into five areas, with a one-line meaning and the formula for each on one page. Metrics with live data also show the current median in the Korean market.

20 metrics · 5 areas

Jupick's overall grade blends three areas, profitability, stability and dividends, weighted 40%, 35% and 25%. Valuation answers a different question from whether a company is sound (whether the price is high or low), so it is shown separately from the grade. Size is a reference metric for how large a company is. Metrics mean more when read together within the same area than one at a time.

Profitability

40% of overall grade

How well a company turns capital and sales into profit.

ROEKorean median 7.5%Return on equity. How much profit the company made in a year with the money shareholders put in (equity).ROE = net income ÷ equity × 100 (%)Operating marginKorean median 7.4%The share of sales left as operating income from the core business, showing how profitable that business is.Operating margin = operating income ÷ sales × 100 (%)Revenue growthKorean median 7.6%How much sales grew compared with a year earlier, the pace of the company's top-line growth.Revenue growth = (this year's sales − last year's sales) ÷ last year's sales × 100 (%)EPSEarnings per share. The company's net income for a year divided by the number of shares, the amount one share earned.EPS = net income ÷ shares issued ROAReturn on assets. How much profit the company made in a year with all its assets, including those funded by debt.ROA = net income ÷ total assets × 100 (%)Net marginNet income after all costs and taxes, as a percentage of sales.Net margin = net income ÷ sales × 100 (%)ROICReturn on invested capital. How much after-tax operating income the company made with the capital actually invested in the business.ROIC = after-tax operating income ÷ invested capital × 100 (%)

Stability

35% of overall grade

Whether a company can carry the weight of its debt.

Debt ratioKorean median 89%How large liabilities are relative to equity, a leading measure of financial stability.Debt ratio = total liabilities ÷ equity × 100 (%)Current ratioKorean median 154%How large the assets that can be turned into cash within a year are, relative to the debts due within a year.Current ratio = current assets ÷ current liabilities × 100 (%)Interest coverageKorean median 7.4xHow many times a year's operating income could pay the interest expense.Interest coverage = operating income ÷ interest expense (times)Reserve ratioHow much profit and capital surplus the company has kept instead of paying out, compared with paid-in capital.Reserve ratio = (retained earnings + capital surplus) ÷ paid-in capital × 100 (%)

Dividends

25% of overall grade

Whether returns to shareholders are steady.

Dividend yieldKorean median 1.64%The dividends received over a year as a percentage of the current share price.Dividend yield = annual dividend per share ÷ current price × 100 (%)Payout ratioKorean median 27%The share of net income paid out as dividends.Payout ratio = total dividends ÷ net income × 100 (%)Consecutive dividend yearsKorean median 7 yrsHow many years in a row the company has paid a dividend without skipping, a measure of how steady its dividends are.Consecutive dividend years = years of dividends paid without a gap

Valuation

Separate from the grade

Whether the current price is high or low relative to earnings, assets and sales.

PERKorean median 20.5xPrice to earnings ratio. How many times the company's net income the current price trades at.PER = market cap ÷ annual net income = price ÷ earnings per share (EPS)PBRKorean median 1.93xPrice to book ratio. How many times the company's net assets (book value) the price trades at.PBR = market cap ÷ net assets (equity) = price ÷ book value per share (BPS)BPSBook value per share. The company's net assets (equity) divided by the number of shares, the book value held in one share.BPS = net assets (equity) ÷ shares issued PSRPrice to sales ratio. Market cap divided by sales, how much the market puts on each unit of sales.PSR = market cap ÷ annual sales = price ÷ sales per share EV/EBITDAEnterprise value (EV) divided by earnings before interest, taxes, depreciation and amortization (EBITDA), a valuation metric that includes debt.EV/EBITDA = enterprise value ÷ EBITDA

Size

Reference metric

The size of the whole company as priced by the market.

Market capKorean median ₩4.9TThe share price times the number of shares issued, the price the market puts on the whole company.Market cap = current price × shares issued

Which valuation yardstick for which company

Valuation metrics are chosen by the nature of the company. PER fits companies with steady earnings, PBR asset-based businesses such as banks and manufacturers, PSR growth companies still running at a loss, and EV/EBITDA companies with heavy debt or depreciation.

How each metric becomes a 0 to 100 score and then an S to D grade is explained in How grades are made.

Frequently asked questions

How is the "current Korean median" calculated?: Jupick sorts the measured values of that metric for the Korean stocks on its watchlist from smallest to largest and takes the middle value. Neutral substitute values and values that do not hold because of a loss are left out, and metrics with a sample under 20 stocks get no median. The median is used instead of the average because a few extreme values do not move it.
Why are valuation metrics such as PER and PBR left out of the overall grade?: The grade measures whether a company is sound, while valuation answers a different question: whether the current price is high or low relative to earnings and assets. Mixing the two in one score would blur which is which, so valuation is shown separately from the grade.
How are stocks with missing or invalid metric values handled?: Depending on the market or sector, some metrics are not available at all, and for a loss-making company, metrics divided by earnings, such as PER, do not hold. Such values are left out of the medians on this page and, for grading, are handled by the rules in the grade methodology.
Can the numbers in this table be used to choose stocks?: Metrics are yardsticks for reading a company's condition, not trading signals. A median only shows where common values sit in the market. It does not say a particular stock is good or where its price goes. Use them to read metrics in the same area together and to compare stocks in the same sector and market.

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Medians are based on the measured values of the Korean stocks on Jupick's watchlist, leaving out neutral substitute values and values that do not hold. Metrics with a sample under 20 stocks get no median. This content is for information only and is not investment advice. The metrics do not suggest trading any stock and say nothing about future prices. Final investment decisions and their responsibility rest with the user.

For information only. Not investment advice. Every investment decision, and its result, is your own responsibility.