KOREIT, a real estate investment trust, engages in the investment, development, and management of real estate properties in South Korea. It also involves in land development trust, management trust, profit certificate trust, proxy business and agency business, real estate consulting, real estate investment trusts, and asset-backed securities businesses. The company was founded in 1996 and is based in Seoul, South Korea.
Research context
KOREIT appears in PyInvesting’s Korea Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- KRW
- Sector
- Real Estate
- Industry
- REIT - Diversified
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
KOREIT is currently in a long term uptrend where the price is trading 8.3% above its 200 day moving average.
From a valuation standpoint, the stock is 59.6% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 2.4.
KOREIT's total revenue rose by 20.4% to $69B since the same quarter in the previous year.
Its net income has increased by 4.1% to $18B since the same quarter in the previous year.
Finally, its free cash flow grew by 1911.0% to $161B since the same quarter in the previous year.
Based on the above factors, KOREIT gets an overall score of 5/5.