Upcoming Dividend • Jun 22
Upcoming dividend of ₩20.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 31 August 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.5%. Within top quartile of South Korean dividend payers (4.2%). Higher than average of industry peers (2.4%). Buy Or Sell Opportunity • Jun 19
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to ₩1,895. The fair value is estimated to be ₩2,468, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 88% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩2,085, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 15x in the Metals and Mining industry in South Korea. Total loss to shareholders of 34% over the past three years. Board Change • May 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 2 highly experienced directors. Vice Chairman Sae-Wook Chang was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Mar 25
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 123% Dividend yield: 4.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 123% Minor Risk Large one-off items impacting financial results. Announcement • Mar 07
Dongkuk Holdings Co.,Ltd., Annual General Meeting, Mar 26, 2026 Dongkuk Holdings Co.,Ltd., Annual General Meeting, Mar 26, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 19, eulji-ro 5-gil, jung-gu, seoul South Korea Buy Or Sell Opportunity • Feb 10
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.1% to ₩7,920. The fair value is estimated to be ₩6,595, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making. New Risk • Nov 22
New major risk - Revenue and earnings growth Earnings have declined by 0.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making. Announcement • Oct 01
Intergis Co., Ltd (KOSE:A129260) acquired an additional 21.22% stake in Dangjin Kodae-port Operating Company Ltd. from Dongkuk Holdings Co.,Ltd. (KOSE:A001230). Intergis Co., Ltd (KOSE:A129260) acquired an additional 21.22% stake in Dangjin Kodae-port Operating Company Ltd. from Dongkuk Holdings Co.,Ltd. (KOSE:A001230) on September 26, 2025.
Intergis Co., Ltd (KOSE:A129260) completed the acquisition of an additional 21.22% stake in Dangjin Kodae-port Operating Company Ltd. from Dongkuk Holdings Co.,Ltd. (KOSE:A001230) on September 26, 2025. Buy Or Sell Opportunity • Aug 01
Now 21% undervalued Over the last 90 days, the stock has risen 11% to ₩7,910. The fair value is estimated to be ₩9,956, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 41% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • Jun 20
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 01 September 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 6.0%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (3.0%). Buy Or Sell Opportunity • Jun 20
Now 20% undervalued Over the last 90 days, the stock has risen 9.3% to ₩8,360. The fair value is estimated to be ₩10,487, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 41% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 05
Now 20% undervalued Over the last 90 days, the stock has risen 6.0% to ₩8,260. The fair value is estimated to be ₩10,339, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 41% over the last 3 years. Meanwhile, the company became loss making. Declared Dividend • May 29
Dividend of ₩100.00 announced Shareholders will receive a dividend of ₩100.00. Ex-date: 27th June 2025 Payment date: 1st September 2025 Dividend yield will be 6.3%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (33% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. Buy Or Sell Opportunity • Apr 07
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to ₩6,540. The fair value is estimated to be ₩8,516, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 52% over the last 3 years. Earnings per share has declined by 55%. New Risk • Mar 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.6% Last year net profit margin: 24% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.6% net profit margin). Announcement • Mar 07
Dongkuk Holdings Co.,Ltd., Annual General Meeting, Mar 26, 2025 Dongkuk Holdings Co.,Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 19, eulji-ro 5-gil, jung-gu, seoul South Korea Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 2 highly experienced directors. Vice Chairman Sae-Wook Chang was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Dec 09
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Aug 26
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 34% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (34% accrual ratio). Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Buy Or Sell Opportunity • Aug 05
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to ₩7,620. The fair value is estimated to be ₩10,097, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 48% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: ₩8,849 (vs ₩518 in FY 2022) Full year 2023 results: EPS: ₩8,849 (up from ₩518 in FY 2022). Revenue: ₩1.84t (down 12% from FY 2022). Net income: ₩442.5b (up ₩394.6b from FY 2022). Profit margin: 24% (up from 2.3% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings. New Risk • Mar 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Upcoming Dividend • Dec 20
Upcoming dividend of ₩500 per share at 34% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 34%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.7%). New Risk • Nov 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 104% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.5% net profit margin). New Risk • Oct 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩130.3b (US$96.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.1% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (₩130.3b market cap, or US$96.0m). Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩12,920, the stock trades at a forward P/E ratio of 1x. Average forward P/E is 5x in the Metals and Mining industry in South Korea. Total loss to shareholders of 61% over the past three years. New Risk • Jun 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 26% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (26% average weekly change). Minor Risks Dividend is not well covered by earnings (106% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (14% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorates as stock falls 82% After last week's 82% share price decline to ₩12,610, the stock trades at a forward P/E ratio of 1x. Average forward P/E is 5x in the Metals and Mining industry in South Korea. Total loss to shareholders of 61% over the past three years. Major Estimate Revision • May 19
Consensus EPS estimates fall by 37% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩7.90b to ₩7.73b. EPS estimate also fell from ₩3,654 per share to ₩2,291 per share. Net income forecast to shrink 47% next year vs 3.7% growth forecast for Metals and Mining industry in South Korea . Consensus price target of ₩18,233 unchanged from last update. Share price was steady at ₩11,580 over the past week. Major Estimate Revision • Mar 23
Consensus EPS estimates increase by 12%, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ₩8.03b to ₩7.90b. EPS estimate rose from ₩3,347 to ₩3,753. Net income forecast to shrink 13% next year vs 11% decline forecast for Metals and Mining industry in South Korea. Consensus price target down from ₩18,925 to ₩17,925. Share price rose 2.3% to ₩12,120 over the past week. Reported Earnings • Mar 22
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: ₩4,474 (down from ₩5,888 in FY 2021). Revenue: ₩8.51t (up 18% from FY 2021). Net income: ₩413.0b (down 25% from FY 2021). Profit margin: 4.9% (down from 7.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 33%. Revenue is forecast to decline by 3.0% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in South Korea are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 21
Upcoming dividend of ₩400 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 10 April 2023. Payout ratio is a comfortable 5.1% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (4.4%). Price Target Changed • Nov 30
Price target decreased to ₩19,300 Down from ₩23,500, the current price target is an average from 5 analysts. New target price is 40% above last closing price of ₩13,750. Stock is down 9.8% over the past year. The company is forecast to post earnings per share of ₩6,703 for next year compared to ₩5,888 last year. Price Target Changed • May 21
Price target increased to ₩26,083 Up from ₩23,833, the current price target is an average from 6 analysts. New target price is 52% above last closing price of ₩17,200. Stock is down 28% over the past year. The company is forecast to post earnings per share of ₩7,330 for next year compared to ₩5,888 last year. Major Estimate Revision • May 05
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ₩8.71b to ₩8.22b. EPS estimate rose from ₩4,530 to ₩6,211. Net income forecast to grow 7.7% next year vs 6.7% growth forecast for Metals and Mining industry in South Korea. Consensus price target of ₩24,783 unchanged from last update. Share price was steady at ₩18,900 over the past week. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 1 highly experienced director. Independent Outside Director Ooki Tetsuo was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Major Estimate Revision • Mar 31
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ₩7.79b to ₩8.35b. EPS estimate fell from ₩5,097 to ₩4,542 per share. Net income forecast to shrink 33% next year vs 0.9% decline forecast for Metals and Mining industry in South Korea. Consensus price target of ₩25,175 unchanged from last update. Share price fell 6.4% to ₩16,750 over the past week. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩13,800, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 4x in the Metals and Mining industry in South Korea. Total returns to shareholders of 72% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. Payout ratio is a comfortable 4.1% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.3%). Major Estimate Revision • Jun 24
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 EPS estimate increased from ₩1,966 to ₩2,353. Revenue forecast steady at ₩5.97b. Net income forecast to grow 12% next year vs 70% growth forecast for Metals and Mining industry in South Korea. Consensus price target of ₩23,833 unchanged from last update. Share price was steady at ₩21,300 over the past week. Price Target Changed • May 23
Price target increased to ₩21,125 Up from ₩14,850, the current price target is an average from 4 analysts. New target price is 12% below last closing price of ₩24,000. Stock is up 494% over the past year. Major Estimate Revision • May 23
Consensus EPS estimates increase to ₩1,851 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₩5.82b to ₩5.94b. EPS estimate increased from ₩1,424 to ₩1,851 per share. Net income forecast to grow 171% next year vs 105% growth forecast for Metals and Mining industry in South Korea. Consensus price target up from ₩14,850 to ₩21,125. Share price rose 2.6% to ₩24,000 over the past week. Major Estimate Revision • May 20
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ₩5.82b to ₩5.70b. EPS estimate rose from ₩1,424 to ₩1,614. Net income forecast to grow 137% next year vs 107% growth forecast for Metals and Mining industry in South Korea. Consensus price target up from ₩14,850 to ₩18,875. Share price was steady at ₩24,000 over the past week. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improved over the past week After last week's 27% share price gain to ₩25,850, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Metals and Mining industry in South Korea. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩27,726 per share. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improved over the past week After last week's 23% share price gain to ₩18,200, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Metals and Mining industry in South Korea. Total returns to shareholders of 102% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩25,394 per share. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 17% share price gain to ₩13,550, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Metals and Mining industry in South Korea. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩22,506 per share. Price Target Changed • Mar 20
Price target increased to ₩10,100 Up from ₩8,767, the current price target is an average from 5 analysts. New target price is 7.8% below last closing price of ₩10,950. Stock is up 213% over the past year. Announcement • Mar 05
Dongkuk Steel Mill Company Limited, Annual General Meeting, Mar 26, 2021 Dongkuk Steel Mill Company Limited, Annual General Meeting, Mar 26, 2021, at 09:00 Korea Standard Time. Is New 90 Day High Low • Feb 25
New 90-day high: ₩9,350 The company is up 22% from its price of ₩7,690 on 27 November 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩15,093 per share. Announcement • Jan 06
Dongkuk Steel Mill Company Limited (KOSE:A001230) acquired additional 49.7% in Ferrum Infra Co., Ltd. for KRW 42.3 billion. Dongkuk Steel Mill Company Limited (KOSE:A001230) acquired additional 49.7% in Ferrum Infra Co., Ltd. for KRW 42.3 billion on December 30, 2020. As per terms, additional 12 million shares are acquired at KRW 3523 per share. Before the transaction, Dongkuk Steel Mill Company Limited held 2.8 million shares in Ferrum Infra Co and post completion, holds 61.4% shares.
Dongkuk Steel Mill Company Limited (KOSE:A001230) completed the acquisition of additional 49.7% in Ferrum Infra Co., Ltd. on December 30, 2020. Is New 90 Day High Low • Jan 04
New 90-day high: ₩8,680 The company is up 26% from its price of ₩6,870 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩15,093 per share. Reported Earnings • Nov 22
Third quarter 2020 earnings released: EPS ₩395 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ₩1.30t (down 9.3% from 3Q 2019). Net income: ₩36.5b (up ₩96.7b from 3Q 2019). Profit margin: 2.8% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 21
Price target raised to ₩7,733 Up from ₩7,117, the current price target is an average from 6 analysts. The new target price is 9.2% above the current share price of ₩7,080. As of last close, the stock is up 23% over the past year. Price Target Changed • Nov 19
Price target raised to ₩7,517 Up from ₩6,683, the current price target is an average from 6 analysts. The new target price is 6.8% above the current share price of ₩7,040. As of last close, the stock is up 22% over the past year. Is New 90 Day High Low • Oct 05
New 90-day high: ₩6,940 The company is up 24% from its price of ₩5,600 on 07 July 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩15,439 per share. 