View Past PerformanceYmc バランスシートの健全性財務の健全性 基準チェック /36Ymcの総株主資本は₩124.0B 、総負債は₩25.0Bで、負債比率は20.1%となります。総資産と総負債はそれぞれ₩179.4Bと₩55.4Bです。 Ymcの EBIT は₩4.6Bで、利息カバレッジ比率1.7です。現金および短期投資は₩36.9Bです。主要情報20.13%負債資本比率₩24.97b負債インタレスト・カバレッジ・レシオ1.7x現金₩36.89bエクイティ₩124.05b負債合計₩55.40b総資産₩179.45b財務の健全性に関する最新情報分析記事 • Feb 10Does Ymc (KOSDAQ:155650) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩4,905, the stock trades at a trailing P/E ratio of 63.9x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total loss to shareholders of 12% over the past three years.お知らせ • Mar 06Ymc Co., Ltd., Annual General Meeting, Mar 23, 2026Ymc Co., Ltd., Annual General Meeting, Mar 23, 2026, at 08:30 Tokyo Standard Time. Location: conference room, 154-25, asanvalleyjungang-ro, dunpo-myeon, chungcheongnam-do, asan South KoreaValuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩3,375, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 39% over the past three years.Upcoming Dividend • Dec 22Upcoming dividend of ₩75.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.9%).分析記事 • Nov 26Ymc's (KOSDAQ:155650) Shareholders Have More To Worry About Than Only Soft EarningsInvestors were disappointed by Ymc Co., Ltd.'s ( KOSDAQ:155650 ) latest earnings release. We did some further digging...New Risk • Nov 26New major risk - Revenue and earnings growthEarnings have declined by 5.3% 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 5.3% 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. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (₩57.2b market cap, or US$39.1m).分析記事 • Nov 10Ymc (KOSDAQ:155650) Is Due To Pay A Dividend Of ₩75.00The board of Ymc Co., Ltd. ( KOSDAQ:155650 ) has announced that it will pay a dividend of ₩75.00 per share on the 15th...Declared Dividend • Nov 08Dividend of ₩75.00 announcedDividend of ₩75.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 2.3%, which is higher than the industry average of 0.9%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but not covered by cash flows (341% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 56% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.1% EPS decline seen over the last 5 years.お知らせ • Nov 07Ymc Co., Ltd. announces Annual dividend, payable on April 15, 2026Ymc Co., Ltd. announced Annual dividend of KRW 75.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.分析記事 • Nov 05Ymc (KOSDAQ:155650) Shareholders Will Want The ROCE Trajectory To ContinueWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...分析記事 • Mar 21Ymc's (KOSDAQ:155650) Weak Earnings May Only Reveal A Part Of The Whole PictureYmc Co., Ltd.'s ( KOSDAQ:155650 ) recent weak earnings report didn't cause a big stock movement. However, we believe...Reported Earnings • Mar 20Full year 2024 earnings released: EPS: ₩366 (vs ₩752 in FY 2023)Full year 2024 results: EPS: ₩366 (down from ₩752 in FY 2023). Revenue: ₩167.7b (down 18% from FY 2023). Net income: ₩6.76b (down 51% from FY 2023). Profit margin: 4.0% (down from 6.7% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 20% per year.お知らせ • Mar 08Ymc Co., Ltd., Annual General Meeting, Mar 24, 2025Ymc Co., Ltd., Annual General Meeting, Mar 24, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 154-25, asanvalleyjungang-ro, dunpo-myeon, chungcheongnam-do, asan South Korea分析記事 • Feb 10Does Ymc (KOSDAQ:155650) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Upcoming Dividend • Dec 20Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 16 April 2025. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 6.2%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%).New Risk • Dec 16New major risk - Financial data availabilityThe 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 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 (₩60.1b market cap, or US$41.9m).分析記事 • Dec 09We Like These Underlying Return On Capital Trends At Ymc (KOSDAQ:155650)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Dec 09Some Ymc Co., Ltd. (KOSDAQ:155650) Shareholders Look For Exit As Shares Take 25% PoundingYmc Co., Ltd. ( KOSDAQ:155650 ) shareholders that were waiting for something to happen have been dealt a blow with a...分析記事 • Nov 13Calculating The Fair Value Of Ymc Co., Ltd. (KOSDAQ:155650)Key Insights The projected fair value for Ymc is ₩3,420 based on Dividend Discount Model Current share price of ₩3,650...Buy Or Sell Opportunity • Oct 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.4% to ₩4,175. The fair value is estimated to be ₩3,439, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 13%.Buy Or Sell Opportunity • Sep 28Now 22% overvaluedOver the last 90 days, the stock has fallen 4.6% to ₩4,215. The fair value is estimated to be ₩3,445, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 13%.お知らせ • Sep 02Ymc Co., Ltd. (KOSDAQ:A155650) announces an Equity Buyback for KRW 2,000 million worth of its shares.Ymc Co., Ltd. (KOSDAQ:A155650) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares pursuant to a contract with Mirae Asset Securities. The purpose of the program is to increase shareholder value and to stabilize stock price. The program will expire on September 1, 2025. As of September 1, 2024, the company had 1,265,046 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.分析記事 • Aug 12Estimating The Fair Value Of Ymc Co., Ltd. (KOSDAQ:155650)Key Insights Using the Dividend Discount Model, Ymc fair value estimate is ₩3,427 Current share price of ₩3,855...New Risk • May 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 8.5% 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: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.7% net profit margin). Market cap is less than US$100m (₩87.9b market cap, or US$64.6m).Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩5,810, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total loss to shareholders of 31% over the past three years.分析記事 • Mar 22Ymc's (KOSDAQ:155650) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsYmc Co., Ltd.'s ( KOSDAQ:155650 ) recent weak earnings report didn't cause a big stock movement. However, we believe...Reported Earnings • Mar 20Full year 2023 earnings released: EPS: ₩752 (vs ₩1,041 in FY 2022)Full year 2023 results: EPS: ₩752 (down from ₩1,041 in FY 2022). Revenue: ₩204.6b (down 13% from FY 2022). Net income: ₩13.7b (down 29% from FY 2022). Profit margin: 6.7% (down from 8.2% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.New Risk • Mar 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor 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 High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (₩92.3b market cap, or US$69.1m).Upcoming Dividend • Dec 20Upcoming dividend of ₩250 per share at 4.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.9%).New Risk • Jul 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.7% 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 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 (8.7% average weekly change).Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩7,680, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Electronic industry in South Korea. Total loss to shareholders of 29% over the past three years.Reported Earnings • May 17First quarter 2023 earnings released: EPS: ₩257 (vs ₩185 in 1Q 2022)First quarter 2023 results: EPS: ₩257 (up from ₩185 in 1Q 2022). Revenue: ₩53.3b (up 11% from 1Q 2022). Net income: ₩4.68b (up 35% from 1Q 2022). Profit margin: 8.8% (up from 7.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 76% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 14Full year 2022 earnings released: EPS: ₩1,041 (vs ₩560 in FY 2021)Full year 2022 results: EPS: ₩1,041 (up from ₩560 in FY 2021). Revenue: ₩235.4b (up 31% from FY 2021). Net income: ₩19.4b (up 85% from FY 2021). Profit margin: 8.2% (up from 5.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 70% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of ₩150 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 20 April 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.0%).Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₩270 (vs ₩205 in 3Q 2021)Third quarter 2022 results: EPS: ₩270 (up from ₩205 in 3Q 2021). Revenue: ₩55.9b (up 16% from 3Q 2021). Net income: ₩5.05b (up 121% from 3Q 2021). Profit margin: 9.0% (up from 4.7% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 14Ymc Co., Ltd. (KOSDAQ:A155650) announces an Equity Buyback for KRW 3,000 million worth of its shares.Ymc Co., Ltd. (KOSDAQ:A155650) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares pursuant to a contract with Mirae Asset Securities. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on March 13, 2023. As of September 13, 2022, the company had 1,267,220 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩6,150, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total returns to shareholders of 2.0% over the past three years.Upcoming Dividend • Dec 22Upcoming dividend of ₩150 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 20 April 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.4%).Valuation Update With 7 Day Price Move • Nov 30Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩6,800, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 12% over the past three years.分析記事 • Mar 11Returns On Capital At Ymc (KOSDAQ:155650) Paint An Interesting PictureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Feb 02Ymc (KOSDAQ:155650) Has Rewarded Shareholders With An Exceptional 477% Total Return On Their InvestmentWe think all investors should try to buy and hold high quality multi-year winners. While not every stock performs well...分析記事 • Dec 29Are Ymc Co., Ltd.'s (KOSDAQ:155650) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?With its stock down 29% over the past three months, it is easy to disregard Ymc (KOSDAQ:155650). However, stock prices...Valuation Update With 7 Day Price Move • Dec 09Market pulls back on stock over the past weekAfter last week's 16% share price decline to ₩9,290, the stock is trading at a trailing P/E ratio of 26.4x, down from the previous P/E ratio of 31.4x. This compares to an average P/E of 25x in the Electronic industry in South Korea. Total return to shareholders over the past three years is a loss of 35%.分析記事 • Nov 24Does Ymc's (KOSDAQ:155650) Statutory Profit Adequately Reflect Its Underlying Profit?As a general rule, we think profitable companies are less risky than companies that lose money. Having said that...Valuation Update With 7 Day Price Move • Nov 17Market bids up stock over the past weekAfter last week's 19% share price gain to ₩9,840, the stock is trading at a trailing P/E ratio of 36.5x, up from the previous P/E ratio of 30.8x. This compares to an average P/E of 22x in the Electronic industry in South Korea. Total return to shareholders over the past three years is a loss of 25%.Valuation Update With 7 Day Price Move • Oct 21Market pulls back on stock over the past weekAfter last week's 20% share price decline to ₩8,600, the stock is trading at a trailing P/E ratio of 31.9x, down from the previous P/E ratio of 39.9x. This compares to an average P/E of 22x in the Electronic industry in South Korea. Total return to shareholders over the past three years is a loss of 22%.Is New 90 Day High Low • Oct 19New 90-day low: ₩9,990The company is down 13% from its price of ₩11,450 on 21 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.Valuation Update With 7 Day Price Move • Oct 19Market pulls back on stock over the past weekAfter last week's 16% share price decline to ₩9,990, the stock is trading at a trailing P/E ratio of 37.1x, down from the previous P/E ratio of 44.2x. This compares to an average P/E of 23x in the Electronic industry in South Korea. Total return to shareholders over the past three years is a loss of 10%.財務状況分析短期負債: A155650の 短期資産 ( ₩81.1B ) が 短期負債 ( ₩50.2B ) を超えています。長期負債: A155650の短期資産 ( ₩81.1B ) が 長期負債 ( ₩5.2B ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: A155650総負債よりも多くの現金を保有しています。負債の削減: A155650の負債対資本比率は、過去 5 年間で1.6%から20.1%に増加しました。債務返済能力: A155650の負債は 営業キャッシュフロー によって 十分にカバーされていません ( 16.7% )。インタレストカバレッジ: A155650の負債に対する 利息支払い は EBIT ( 1.7 x coverage) によって 十分にカバーされていません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 13:16終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ymc Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Bong Jong KohDaishin Securities Co. Ltd.Jun Young HaiM SecuritiesKap-Ho KimKyobo Securities Co., Ltd2 その他のアナリストを表示
分析記事 • Feb 10Does Ymc (KOSDAQ:155650) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩4,905, the stock trades at a trailing P/E ratio of 63.9x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total loss to shareholders of 12% over the past three years.
お知らせ • Mar 06Ymc Co., Ltd., Annual General Meeting, Mar 23, 2026Ymc Co., Ltd., Annual General Meeting, Mar 23, 2026, at 08:30 Tokyo Standard Time. Location: conference room, 154-25, asanvalleyjungang-ro, dunpo-myeon, chungcheongnam-do, asan South Korea
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩3,375, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 39% over the past three years.
Upcoming Dividend • Dec 22Upcoming dividend of ₩75.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.9%).
分析記事 • Nov 26Ymc's (KOSDAQ:155650) Shareholders Have More To Worry About Than Only Soft EarningsInvestors were disappointed by Ymc Co., Ltd.'s ( KOSDAQ:155650 ) latest earnings release. We did some further digging...
New Risk • Nov 26New major risk - Revenue and earnings growthEarnings have declined by 5.3% 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 5.3% 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. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (₩57.2b market cap, or US$39.1m).
分析記事 • Nov 10Ymc (KOSDAQ:155650) Is Due To Pay A Dividend Of ₩75.00The board of Ymc Co., Ltd. ( KOSDAQ:155650 ) has announced that it will pay a dividend of ₩75.00 per share on the 15th...
Declared Dividend • Nov 08Dividend of ₩75.00 announcedDividend of ₩75.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 2.3%, which is higher than the industry average of 0.9%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but not covered by cash flows (341% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 56% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.1% EPS decline seen over the last 5 years.
お知らせ • Nov 07Ymc Co., Ltd. announces Annual dividend, payable on April 15, 2026Ymc Co., Ltd. announced Annual dividend of KRW 75.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
分析記事 • Nov 05Ymc (KOSDAQ:155650) Shareholders Will Want The ROCE Trajectory To ContinueWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
分析記事 • Mar 21Ymc's (KOSDAQ:155650) Weak Earnings May Only Reveal A Part Of The Whole PictureYmc Co., Ltd.'s ( KOSDAQ:155650 ) recent weak earnings report didn't cause a big stock movement. However, we believe...
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: ₩366 (vs ₩752 in FY 2023)Full year 2024 results: EPS: ₩366 (down from ₩752 in FY 2023). Revenue: ₩167.7b (down 18% from FY 2023). Net income: ₩6.76b (down 51% from FY 2023). Profit margin: 4.0% (down from 6.7% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 20% per year.
お知らせ • Mar 08Ymc Co., Ltd., Annual General Meeting, Mar 24, 2025Ymc Co., Ltd., Annual General Meeting, Mar 24, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 154-25, asanvalleyjungang-ro, dunpo-myeon, chungcheongnam-do, asan South Korea
分析記事 • Feb 10Does Ymc (KOSDAQ:155650) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Upcoming Dividend • Dec 20Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 16 April 2025. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 6.2%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%).
New Risk • Dec 16New major risk - Financial data availabilityThe 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 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 (₩60.1b market cap, or US$41.9m).
分析記事 • Dec 09We Like These Underlying Return On Capital Trends At Ymc (KOSDAQ:155650)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Dec 09Some Ymc Co., Ltd. (KOSDAQ:155650) Shareholders Look For Exit As Shares Take 25% PoundingYmc Co., Ltd. ( KOSDAQ:155650 ) shareholders that were waiting for something to happen have been dealt a blow with a...
分析記事 • Nov 13Calculating The Fair Value Of Ymc Co., Ltd. (KOSDAQ:155650)Key Insights The projected fair value for Ymc is ₩3,420 based on Dividend Discount Model Current share price of ₩3,650...
Buy Or Sell Opportunity • Oct 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.4% to ₩4,175. The fair value is estimated to be ₩3,439, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 13%.
Buy Or Sell Opportunity • Sep 28Now 22% overvaluedOver the last 90 days, the stock has fallen 4.6% to ₩4,215. The fair value is estimated to be ₩3,445, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 13%.
お知らせ • Sep 02Ymc Co., Ltd. (KOSDAQ:A155650) announces an Equity Buyback for KRW 2,000 million worth of its shares.Ymc Co., Ltd. (KOSDAQ:A155650) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares pursuant to a contract with Mirae Asset Securities. The purpose of the program is to increase shareholder value and to stabilize stock price. The program will expire on September 1, 2025. As of September 1, 2024, the company had 1,265,046 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
分析記事 • Aug 12Estimating The Fair Value Of Ymc Co., Ltd. (KOSDAQ:155650)Key Insights Using the Dividend Discount Model, Ymc fair value estimate is ₩3,427 Current share price of ₩3,855...
New Risk • May 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 8.5% 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: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.7% net profit margin). Market cap is less than US$100m (₩87.9b market cap, or US$64.6m).
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩5,810, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total loss to shareholders of 31% over the past three years.
分析記事 • Mar 22Ymc's (KOSDAQ:155650) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsYmc Co., Ltd.'s ( KOSDAQ:155650 ) recent weak earnings report didn't cause a big stock movement. However, we believe...
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: ₩752 (vs ₩1,041 in FY 2022)Full year 2023 results: EPS: ₩752 (down from ₩1,041 in FY 2022). Revenue: ₩204.6b (down 13% from FY 2022). Net income: ₩13.7b (down 29% from FY 2022). Profit margin: 6.7% (down from 8.2% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
New Risk • Mar 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor 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 High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (₩92.3b market cap, or US$69.1m).
Upcoming Dividend • Dec 20Upcoming dividend of ₩250 per share at 4.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.9%).
New Risk • Jul 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.7% 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 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 (8.7% average weekly change).
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩7,680, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Electronic industry in South Korea. Total loss to shareholders of 29% over the past three years.
Reported Earnings • May 17First quarter 2023 earnings released: EPS: ₩257 (vs ₩185 in 1Q 2022)First quarter 2023 results: EPS: ₩257 (up from ₩185 in 1Q 2022). Revenue: ₩53.3b (up 11% from 1Q 2022). Net income: ₩4.68b (up 35% from 1Q 2022). Profit margin: 8.8% (up from 7.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 76% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 14Full year 2022 earnings released: EPS: ₩1,041 (vs ₩560 in FY 2021)Full year 2022 results: EPS: ₩1,041 (up from ₩560 in FY 2021). Revenue: ₩235.4b (up 31% from FY 2021). Net income: ₩19.4b (up 85% from FY 2021). Profit margin: 8.2% (up from 5.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 70% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of ₩150 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 20 April 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.0%).
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₩270 (vs ₩205 in 3Q 2021)Third quarter 2022 results: EPS: ₩270 (up from ₩205 in 3Q 2021). Revenue: ₩55.9b (up 16% from 3Q 2021). Net income: ₩5.05b (up 121% from 3Q 2021). Profit margin: 9.0% (up from 4.7% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 14Ymc Co., Ltd. (KOSDAQ:A155650) announces an Equity Buyback for KRW 3,000 million worth of its shares.Ymc Co., Ltd. (KOSDAQ:A155650) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares pursuant to a contract with Mirae Asset Securities. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on March 13, 2023. As of September 13, 2022, the company had 1,267,220 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩6,150, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total returns to shareholders of 2.0% over the past three years.
Upcoming Dividend • Dec 22Upcoming dividend of ₩150 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 20 April 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.4%).
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩6,800, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 12% over the past three years.
分析記事 • Mar 11Returns On Capital At Ymc (KOSDAQ:155650) Paint An Interesting PictureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Feb 02Ymc (KOSDAQ:155650) Has Rewarded Shareholders With An Exceptional 477% Total Return On Their InvestmentWe think all investors should try to buy and hold high quality multi-year winners. While not every stock performs well...
分析記事 • Dec 29Are Ymc Co., Ltd.'s (KOSDAQ:155650) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?With its stock down 29% over the past three months, it is easy to disregard Ymc (KOSDAQ:155650). However, stock prices...
Valuation Update With 7 Day Price Move • Dec 09Market pulls back on stock over the past weekAfter last week's 16% share price decline to ₩9,290, the stock is trading at a trailing P/E ratio of 26.4x, down from the previous P/E ratio of 31.4x. This compares to an average P/E of 25x in the Electronic industry in South Korea. Total return to shareholders over the past three years is a loss of 35%.
分析記事 • Nov 24Does Ymc's (KOSDAQ:155650) Statutory Profit Adequately Reflect Its Underlying Profit?As a general rule, we think profitable companies are less risky than companies that lose money. Having said that...
Valuation Update With 7 Day Price Move • Nov 17Market bids up stock over the past weekAfter last week's 19% share price gain to ₩9,840, the stock is trading at a trailing P/E ratio of 36.5x, up from the previous P/E ratio of 30.8x. This compares to an average P/E of 22x in the Electronic industry in South Korea. Total return to shareholders over the past three years is a loss of 25%.
Valuation Update With 7 Day Price Move • Oct 21Market pulls back on stock over the past weekAfter last week's 20% share price decline to ₩8,600, the stock is trading at a trailing P/E ratio of 31.9x, down from the previous P/E ratio of 39.9x. This compares to an average P/E of 22x in the Electronic industry in South Korea. Total return to shareholders over the past three years is a loss of 22%.
Is New 90 Day High Low • Oct 19New 90-day low: ₩9,990The company is down 13% from its price of ₩11,450 on 21 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.
Valuation Update With 7 Day Price Move • Oct 19Market pulls back on stock over the past weekAfter last week's 16% share price decline to ₩9,990, the stock is trading at a trailing P/E ratio of 37.1x, down from the previous P/E ratio of 44.2x. This compares to an average P/E of 23x in the Electronic industry in South Korea. Total return to shareholders over the past three years is a loss of 10%.