Buy Or Sell Opportunity • May 27
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.7% to ₩2,550. The fair value is estimated to be ₩3,249, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last year. Earnings per share has declined by 7.2%. New Risk • Mar 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 52% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 4.1% over the past year. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin). Market cap is less than US$100m (₩86.4b market cap, or US$57.6m). Annonce • Mar 10
G.I. Tech Co., Ltd., Annual General Meeting, Mar 26, 2026 G.I. Tech Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 42, asanbaelli-ro 387beon-gil, dunpo-myeon, chungcheongnam-do, asan South Korea Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩2,710, the stock trades at a trailing P/E ratio of 45.4x. Average trailing P/E is 25x in the Machinery industry in South Korea. Total loss to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩2,275, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 20x in the Machinery industry in South Korea. Total loss to shareholders of 33% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩11.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 07 April 2026. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (1.0%). Declared Dividend • Nov 08
Dividend of ₩11.00 announced Dividend of ₩11.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 7th April 2026 Dividend yield will be 0.5%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (21% 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 company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 77% to shift the payout ratio to a potentially unsustainable range, which is more than the 19% EPS decline seen over the last 5 years. Annonce • Nov 07
G.I. Tech Co., Ltd. announces Annual dividend, payable on April 07, 2026 G.I. Tech Co., Ltd. announced Annual dividend of KRW 11.0000 per share payable on April 07, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • May 23
New major risk - Revenue and earnings growth Revenue has declined by 9.9% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Revenue has declined by 9.9% over the past year. Minor Risks Less than 3 years of financial data is available. Profit margins are more than 30% lower than last year (8.9% net profit margin). Market cap is less than US$100m (₩100.4b market cap, or US$73.1m). New Risk • Mar 31
New major risk - Revenue and earnings growth Revenue has declined by 2.5% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Risks Revenue has declined by 2.5% over the past year. High level of non-cash earnings (26% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (₩97.6b market cap, or US$66.4m). Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩2,620, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 14x in the Machinery industry in South Korea. Total loss to shareholders of 39% over the past three years. Annonce • Feb 18
G.I. Tech Co., Ltd., Annual General Meeting, Mar 20, 2025 G.I. Tech Co., Ltd., Annual General Meeting, Mar 20, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 42, asanbaelli-ro 387beon-gil, dunpo-myeon, chungcheongnam-do, asan South Korea Annonce • Feb 05
G.I. Tech Co., Ltd. (KOSDAQ:A382480) announces an Equity Buyback for KRW 2,000 million worth of its shares. G.I. Tech Co., Ltd. (KOSDAQ:A382480) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its common stock, pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to stabilize the stock prices and enhance the shareholders’ value. The program will end on August 5, 2025. As of February 4, 2025, the company had 289,211 shares in treasury within the scope available for dividend and no shares in treasury through other repurchase. Upcoming Dividend • Dec 20
Upcoming dividend of ₩36.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (3.9%). In line with average of industry peers (2.0%). New Risk • Nov 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (₩82.6b market cap, or US$59.3m). New Risk • Nov 11
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 8.0% 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 High level of non-cash earnings (26% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₩86.0b market cap, or US$61.6m). Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩2,645, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total loss to shareholders of 28% over the past year. New Risk • May 21
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 27% 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 Revenue has declined by 2.5% over the past year. High level of non-cash earnings (27% accrual ratio). Minor Risk Market cap is less than US$100m (₩106.3b market cap, or US$78.1m). Upcoming Dividend • Dec 20
Inaugural dividend of ₩34.00 per share Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 25 March 2024. This is the first dividend for G.I. Tech since going public. The average dividend yield among industry peers is 2.3%. New Risk • Dec 11
New major risk - Revenue and earnings growth Revenue has declined by 13% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Risks Revenue has declined by 13% over the past year. High level of non-cash earnings (20% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (12% net profit margin). Market cap is less than US$100m (₩118.3b market cap, or US$89.8m). Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩4,120, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total returns to shareholders of 22% over the past year. Annonce • May 17
G.I. Tech Co., Ltd. announced that it has received KRW 30.00000875 billion in funding On May 15, 2023, G.I. Tech Co., Ltd closed the transaction. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩5,300, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 16x in the Machinery industry in South Korea. Total returns to shareholders of 47% over the past year. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩4,400, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 14x in the Machinery industry in South Korea. Total returns to shareholders of 6.6% over the past year. Upcoming Dividend • Dec 21
Inaugural dividend of ₩22.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 27 March 2023. This is the first dividend for G.I. Tech since going public. The average dividend yield among industry peers is 2.1%. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: ₩85.58 (vs ₩31.35 loss in 3Q 2021) Third quarter 2022 results: EPS: ₩85.58 (up from ₩31.35 loss in 3Q 2021). Revenue: ₩9.37b (up 444% from 3Q 2021). Net income: ₩3.31b (up ₩4.22b from 3Q 2021). Profit margin: 35% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 25% share price gain to ₩4,135, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 14x in the Machinery industry in South Korea. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩3,885, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 16x in the Machinery industry in South Korea. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 19% share price gain to ₩3,705, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 18x in the Machinery industry in South Korea. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩3,075, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 17x in the Machinery industry in South Korea. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 16% share price gain to ₩3,745, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 21x in the Machinery industry in South Korea.