Annuncio • May 07
Model Solution Co., Ltd. to Report Q1, 2026 Results on May 07, 2026 Model Solution Co., Ltd. announced that they will report Q1, 2026 results on May 07, 2026 Annuncio • Mar 12
Model Solution Co., Ltd., Annual General Meeting, Mar 26, 2026 Model Solution Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 64, saneop-ro 7beon-gil, ojeong-gu, gyeonggi-do, bucheon South Korea Annuncio • Mar 11
Model Solution Co., Ltd. announces Annual dividend Model Solution Co., Ltd. announced Annual dividend of KRW 280.0000 per share, ex-date on March 30, 2026 and record date on March 31, 2026. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to ₩16,250, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 24% over the past three years. New Risk • Mar 03
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining 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 Earnings have declined by 9.1% per year over the past 5 years. 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 (11% average weekly change). Market cap is less than US$100m (₩139.1b market cap, or US$94.9m). Annuncio • Feb 21
Model Solution Co., Ltd. to Report Fiscal Year 2025 Results on Feb 24, 2026 Model Solution Co., Ltd. announced that they will report fiscal year 2025 results on Feb 24, 2026 New Risk • Feb 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩140.1b (US$96.7m) 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 9.1% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩140.1b market cap, or US$96.7m). Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩28,900, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩26,550, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₩25,750, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 36% over the past three years. New Risk • Nov 06
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: Major Risk Earnings have declined by 14% per year over the past 5 years. 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 (7.8% average weekly change). Market cap is less than US$100m (₩104.3b market cap, or US$72.1m). Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₩16,310, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩12,400, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 26% over the past year. New Risk • Jun 04
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining 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 Earnings have declined by 22% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩68.4b market cap, or US$49.8m). Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩11,610, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 12x in the Electronic industry in South Korea. Total loss to shareholders of 16% over the past year. Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: ₩827 (vs ₩167 in FY 2023) Full year 2024 results: EPS: ₩827 (up from ₩167 in FY 2023). Revenue: ₩68.0b (up 4.8% from FY 2023). Net income: ₩5.29b (up 396% from FY 2023). Profit margin: 7.8% (up from 1.6% in FY 2023). The increase in margin was primarily driven by higher revenue. Annuncio • Mar 01
Model Solution Co., Ltd., Annual General Meeting, Mar 24, 2025 Model Solution Co., Ltd., Annual General Meeting, Mar 24, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 286, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea New Risk • Jan 06
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 9.9% 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 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (₩76.6b market cap, or US$52.5m). Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩11,000, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total loss to shareholders of 28% over the past year. Upcoming Dividend • Dec 20
Upcoming dividend of ₩40.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 09 April 2025. Payout ratio is a comfortable 9.6% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (1.0%). New Risk • Dec 16
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 Market cap is less than US$100m (₩62.8b market cap, or US$43.7m). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₩9,820, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 14x in the Electronic industry in South Korea. Total loss to shareholders of 35% over the past year. New Risk • Sep 17
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 Market cap is less than US$100m (₩64.2b market cap, or US$48.8m). Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: ₩189 (vs ₩142 in 2Q 2023) Second quarter 2024 results: EPS: ₩189 (up from ₩142 in 2Q 2023). Revenue: ₩17.0b (up 4.5% from 2Q 2023). Net income: ₩1.21b (up 33% from 2Q 2023). Profit margin: 7.1% (up from 5.6% in 2Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₩8,600, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total loss to shareholders of 51% over the past year. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: ₩167 (vs ₩1,370 in FY 2022) Full year 2023 results: EPS: ₩167 (down from ₩1,370 in FY 2022). Revenue: ₩64.9b (down 7.2% from FY 2022). Net income: ₩1.07b (down 86% from FY 2022). Profit margin: 1.6% (down from 11% in FY 2022). The decrease in margin was primarily driven by lower revenue. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩19,900, the stock trades at a trailing P/E ratio of 39.5x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total loss to shareholders of 13% over the past year. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩17,400, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total loss to shareholders of 5.1% over the past year. Upcoming Dividend • Dec 20
Upcoming dividend of ₩300 per share at 2.0% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 19 April 2024. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.9%). New Risk • Nov 19
New major risk - Revenue and earnings growth Revenue has declined by 1.3% 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 1.3% over the past year. Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.8% net profit margin). Market cap is less than US$100m (₩99.6b market cap, or US$76.9m). Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩16,790, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 15x in the Electronic industry in South Korea. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩20,900, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 14x in the Electronic industry in South Korea. Reported Earnings • Mar 22
Full year 2022 earnings released: EPS: ₩1,370 (vs ₩1,415 in FY 2021) Full year 2022 results: EPS: ₩1,370. Revenue: ₩70.0b (up 10.0% from FY 2021). Net income: ₩7.71b (up 1.5% from FY 2021). Profit margin: 11% (in line with FY 2021).