Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩8,480, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 30x in the Electrical industry in South Korea. Total returns to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩11,800, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 41x in the Electrical industry in South Korea. Total returns to shareholders of 114% over the past three years. New Risk • Apr 29
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 14% 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 (14% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.4% net profit margin). Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩12,640, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 45x in the Electrical industry in South Korea. Total returns to shareholders of 142% over the past three years. New Risk • Apr 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.4% net profit margin). Buy Or Sell Opportunity • Mar 31
Now 22% undervalued Over the last 90 days, the stock has risen 4.8% to ₩10,140. The fair value is estimated to be ₩12,953, 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 grown by 22%. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩11,840, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 32x in the Electrical industry in South Korea. Total returns to shareholders of 121% over the past three years. Annuncio • Mar 17
Cheil Electric Co., Ltd., Annual General Meeting, Mar 31, 2026 Cheil Electric Co., Ltd., Annual General Meeting, Mar 31, 2026, at 11:00 Tokyo Standard Time. Location: conference room, 555, eulsukdo-daero, saha-gu, busan South Korea Buy Or Sell Opportunity • Mar 04
Now 31% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to ₩8,250. The fair value is estimated to be ₩12,006, 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 grown by 22%. Buy Or Sell Opportunity • Feb 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to ₩9,700. The fair value is estimated to be ₩12,223, 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 grown by 67%. Buy Or Sell Opportunity • Jan 07
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.8% to ₩9,620. The fair value is estimated to be ₩12,466, 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 grown by 67%. Reported Earnings • Dec 05
Third quarter 2025 earnings released: EPS: ₩111 (vs ₩61.00 in 3Q 2024) Third quarter 2025 results: EPS: ₩111 (up from ₩61.00 in 3Q 2024). Revenue: ₩45.1b (down 12% from 3Q 2024). Net income: ₩2.46b (up 81% from 3Q 2024). Profit margin: 5.5% (up from 2.6% in 3Q 2024). The increase in margin was driven by lower expenses. Reported Earnings • Sep 03
Second quarter 2025 earnings released: EPS: ₩162 (vs ₩196 in 2Q 2024) Second quarter 2025 results: EPS: ₩162 (down from ₩196 in 2Q 2024). Revenue: ₩54.7b (up 23% from 2Q 2024). Net income: ₩3.60b (down 17% from 2Q 2024). Profit margin: 6.6% (down from 9.8% in 2Q 2024). The decrease in margin was driven by higher expenses. New Risk • Aug 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 7.8% 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 Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (7.8% average weekly change). Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩13,250, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 22x in the Electrical industry in South Korea. Total returns to shareholders of 133% over the past three years. Reported Earnings • Jun 05
First quarter 2025 earnings released: EPS: ₩110 (vs ₩196 in 1Q 2024) First quarter 2025 results: EPS: ₩110 (down from ₩196 in 1Q 2024). Revenue: ₩51.7b (up 17% from 1Q 2024). Net income: ₩2.44b (down 44% from 1Q 2024). Profit margin: 4.7% (down from 9.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Buy Or Sell Opportunity • May 20
Now 25% overvalued Over the last 90 days, the stock has fallen 22% to ₩9,200. The fair value is estimated to be ₩7,387, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last year. Earnings per share has grown by 29%. Buy Or Sell Opportunity • Apr 29
Now 23% overvalued Over the last 90 days, the stock has fallen 34% to ₩9,140. The fair value is estimated to be ₩7,447, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last year. Earnings per share has grown by 29%. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩8,740, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 19x in the Electrical industry in South Korea. Total returns to shareholders of 23% over the past three years. New Risk • Mar 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 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 Latest financial reports are more than 1 year old (reported December 2008 fiscal period end). Share price has been highly volatile over the past 3 months (12% average weekly change). New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩133.5b (US$97.9m) 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: Major Risks Latest financial reports are more than 1 year old (reported December 2008 fiscal period end). Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risk Market cap is less than US$100m (₩133.5b market cap, or US$97.9m). New Risk • Jun 09
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2008. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2008 fiscal period end). Share price has been highly volatile over the past 3 months (20% average weekly change). Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩10,600, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 25x in the Electrical industry in South Korea. Total loss to shareholders of 2.6% over the past three years. New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. 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 Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩12,740, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 27x in the Electrical industry in South Korea. Total returns to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to ₩23,400, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 23x in the Electrical industry in South Korea. Total loss to shareholders of 5.6% over the past three years. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₩15,490, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total loss to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₩13,520, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 17x in the Electrical industry in South Korea. Total loss to shareholders of 38% over the past three years. Upcoming Dividend • Dec 20
Inaugural dividend of ₩200 per share Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. This is the first dividend for Cheil Electric since going public. The average dividend yield among industry peers is 0.3%. New Risk • Aug 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩132.1b (US$98.7m) 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: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (5.6% net profit margin). Market cap is less than US$100m (₩132.1b market cap, or US$98.7m). Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩13,680, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total returns to shareholders of 23% over the past year. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₩11,800, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total loss to shareholders of 12% over the past year. Upcoming Dividend • Dec 21
Inaugural dividend of ₩300 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 21 April 2023. This is the first dividend for Cheil Electric since going public. The average dividend yield among industry peers is 0.9%. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩9,480, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 15x in the Electrical industry in South Korea. Total loss to shareholders of 51% over the past year. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩10,700, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 16x in the Electrical industry in South Korea. Total loss to shareholders of 50% over the past year. Is New 90 Day High Low • Feb 26
New 90-day low: ₩21,400 The company is down 25% from its price of ₩28,650 on 27 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 24% over the same period. 