Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩7,950, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 21x in the Machinery industry in South Korea. Total loss to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩9,480, the stock trades at a trailing P/E ratio of 41.7x. Average trailing P/E is 20x in the Machinery industry in South Korea. Total loss to shareholders of 22% over the past three years. Annonce • Mar 13
DAEMO Engineering Co., Ltd., Annual General Meeting, Mar 27, 2026 DAEMO Engineering Co., Ltd., Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: auditorium, 56, emtibeui 26-ro 58beon-gil, gyeonggi-do, siheung South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩7,200, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 23x in the Machinery industry in South Korea. Total loss to shareholders of 45% over the past three years. New Risk • Feb 04
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 13% 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 Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩79.5b market cap, or US$54.5m). Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₩10,300, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 21x in the Machinery industry in South Korea. Total loss to shareholders of 21% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩40.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 14 April 2026. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (1.0%). New Risk • Nov 24
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 9.4% 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 Earnings have declined by 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (₩72.6b market cap, or US$49.1m). Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to ₩8,720, the stock trades at a trailing P/E ratio of 42.2x. Average trailing P/E is 18x in the Machinery industry in South Korea. Total loss to shareholders of 41% over the past three years. Declared Dividend • Nov 08
Dividend of ₩40.00 announced Dividend of ₩40.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 14th April 2026 Dividend yield will be 0.6%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 8.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Nov 07
DAEMO Engineering Co., Ltd. announces Annual dividend, payable on April 14, 2026 DAEMO Engineering Co., Ltd. announced Annual dividend of KRW 40.0000 per share payable on April 14, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: ₩143 (vs ₩12.00 in 2Q 2024) Second quarter 2025 results: EPS: ₩143 (up from ₩12.00 in 2Q 2024). Revenue: ₩13.3b (up 27% from 2Q 2024). Net income: ₩1.19b (up ₩1.09b from 2Q 2024). Profit margin: 9.0% (up from 1.0% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Reported Earnings • May 20
First quarter 2025 earnings released: EPS: ₩68.00 (vs ₩8.00 in 1Q 2024) First quarter 2025 results: EPS: ₩68.00 (up from ₩8.00 in 1Q 2024). Revenue: ₩8.93b (down 18% from 1Q 2024). Net income: ₩564.0m (up ₩499.7m from 1Q 2024). Profit margin: 6.3% (up from 0.6% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 25
Full year 2024 earnings released: EPS: ₩16.00 (vs ₩29.00 loss in FY 2023) Full year 2024 results: EPS: ₩16.00 (up from ₩29.00 loss in FY 2023). Revenue: ₩41.3b (down 7.0% from FY 2023). Net income: ₩131.9m (up ₩375.9m from FY 2023). Profit margin: 0.3% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance. Annonce • Mar 01
DAEMO Engineering Co., Ltd., Annual General Meeting, Mar 27, 2025 DAEMO Engineering Co., Ltd., Annual General Meeting, Mar 27, 2025, at 09:01 Tokyo Standard Time. Location: auditorium, 56, emtibeui 26-ro 58beon-gil, gyeonggi-do, siheung South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩40.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 15 April 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 0.4%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (2.0%). New Risk • Sep 11
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 12% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 19% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩74.8b market cap, or US$55.9m). Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: ₩12.00 (vs ₩89.00 in 2Q 2023) Second quarter 2024 results: EPS: ₩12.00 (down from ₩89.00 in 2Q 2023). Revenue: ₩10.5b (down 24% from 2Q 2023). Net income: ₩104.0m (down 86% from 2Q 2023). Profit margin: 1.0% (down from 5.4% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. New Risk • Jul 22
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 9.4% 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 Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (₩99.7b market cap, or US$71.9m). Buy Or Sell Opportunity • Jul 16
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to ₩9,530. The fair value is estimated to be ₩7,792, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • May 27
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.9% to ₩9,120. The fair value is estimated to be ₩7,525, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Mar 22
Full year 2023 earnings released: ₩29.00 loss per share (vs ₩155 profit in FY 2022) Full year 2023 results: ₩29.00 loss per share (down from ₩155 profit in FY 2022). Revenue: ₩44.4b (down 19% from FY 2022). Net loss: ₩244.0m (down 119% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Upcoming Dividend • Dec 20
Upcoming dividend of ₩90.00 per share at 1.0% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 17 April 2024. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.3%). New Risk • Dec 07
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: 138% Dividend yield: 1.0% 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: 138% Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (₩74.3b market cap, or US$56.5m). Reported Earnings • Nov 19
Third quarter 2023 earnings released: ₩97.00 loss per share (vs ₩90.00 profit in 3Q 2022) Third quarter 2023 results: ₩97.00 loss per share (down from ₩90.00 profit in 3Q 2022). Revenue: ₩9.09b (down 33% from 3Q 2022). Net loss: ₩807.2m (down 207% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 24
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 10% 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: Minor Risks Share price has been volatile over the past 3 months (10% 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 (₩95.3b market cap, or US$70.9m). Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩10,830, the stock trades at a trailing P/E ratio of 67.8x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total returns to shareholders of 137% over the past three years. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩9,530, the stock trades at a trailing P/E ratio of 59.7x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total returns to shareholders of 106% over the past three years. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₩15,690, the stock trades at a trailing P/E ratio of 66.8x. Average trailing P/E is 17x in the Machinery industry in South Korea. Total returns to shareholders of 225% over the past three years. Reported Earnings • Mar 22
Full year 2022 earnings released: EPS: ₩155 (vs ₩554 in FY 2021) Full year 2022 results: EPS: ₩155 (down from ₩554 in FY 2021). Revenue: ₩54.8b (up 11% from FY 2021). Net income: ₩1.29b (down 72% from FY 2021). Profit margin: 2.4% (down from 9.3% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩15,250, the stock trades at a trailing P/E ratio of 67.8x. Average trailing P/E is 16x in the Machinery industry in South Korea. Total returns to shareholders of 170% over the past three years. Upcoming Dividend • Dec 21
Upcoming dividend of ₩180 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 18 April 2023. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.1%). Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 20% share price gain to ₩12,150, the stock trades at a trailing P/E ratio of 21x. Average forward P/E is 9x in the Machinery industry in South Korea. Total returns to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩7,830, the stock trades at a trailing P/E ratio of 13.5x. Average forward P/E is 10x in the Machinery industry in South Korea. Total loss to shareholders of 1.5% over the past three years. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 21% share price gain to ₩8,860, the stock trades at a trailing P/E ratio of 15.3x. Average forward P/E is 10x in the Machinery industry in South Korea. Total loss to shareholders of 4.0% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩8,900, the stock trades at a trailing P/E ratio of 17.8x. Average forward P/E is 8x in the Machinery industry in South Korea. Total returns to shareholders of 44% over the past year. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩10,300, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 20x in the Machinery industry in South Korea. Total returns to shareholders of 75% over the past year. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 21% share price gain to ₩10,950, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 20x in the Machinery industry in South Korea. Total returns to shareholders of 85% over the past year. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 65% share price gain to ₩9,420, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 19x in the Machinery industry in South Korea. Total returns to shareholders of 62% over the past year. Upcoming Dividend • Dec 22
Upcoming dividend of ₩40.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 19 April 2022. Payout ratio is a comfortable 7.8% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.8%). Is New 90 Day High Low • Jan 18
New 90-day high: ₩5,100 The company is up 7.0% from its price of ₩4,750 on 20 October 2020. The South Korean market is up 30% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: ₩4,480 The company is down 2.0% from its price of ₩4,555 on 25 September 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 21% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩70.00 Per Share Will be paid on the 13th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.5% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (2.8%). Reported Earnings • Dec 03
Third quarter 2020 earnings released: ₩47.00 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ₩7.97b (down 14% from 3Q 2019). Net loss: ₩394.9m (down 364% from profit in 3Q 2019). Is New 90 Day High Low • Oct 30
New 90-day low: ₩4,505 The company is down 17% from its price of ₩5,450 on 31 July 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is down 3.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ₩4,560 The company is down 10.0% from its price of ₩5,080 on 26 June 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 3.0% over the same period.