Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩2,580, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 13x 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 • May 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩3,680, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 19x in the Machinery industry in South Korea. Total loss to shareholders of 2.8% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₩3,845, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 23x in the Machinery industry in South Korea. Total returns to shareholders of 8.7% over the past three years. 공고 • Feb 27
Formetal Co., Ltd., Annual General Meeting, Mar 26, 2026 Formetal Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 229-7, mujangsaneop-ro, jigok-myeon, chungcheongnam-do, seosan 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 10.0% 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: Minor Risks Share price has been volatile over the past 3 months (10.0% average weekly change). Market cap is less than US$100m (₩53.8b market cap, or US$37.2m). Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₩4,630, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 20x in the Machinery industry in South Korea. Total returns to shareholders of 39% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩60.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 April 2026. Trailing yield: 1.7%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.0%). Declared Dividend • Nov 08
Dividend of ₩60.00 announced Dividend of ₩60.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 27th April 2026 Dividend yield will be 2.0%, which is lower than the industry average of 2.4%. Sustainability & Growth The dividend has not increased over the past 4 years but payments have been stable during that time. 공고 • Nov 07
Formetal Co., Ltd. announces Annual dividend, payable on April 27, 2026 Formetal Co., Ltd. announced Annual dividend of KRW 60.0000 per share payable on April 27, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • May 02
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 14% 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 (14% average weekly change). Earnings have declined by 4.1% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩45.9b market cap, or US$32.9m). Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₩3,950, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total loss to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₩3,695, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 14x in the Machinery industry in South Korea. Total loss to shareholders of 36% over the past three years. 공고 • Feb 26
Formetal Co., Ltd., Annual General Meeting, Mar 26, 2025 Formetal Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 229-7, mujangsaneop-ro, jigok-myeon, chungcheongnam-do, seosan South Korea Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩3,560, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 14x in the Machinery industry in South Korea. Total loss to shareholders of 19% over the past three years. New Risk • Jan 31
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 9.6% 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 3.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$100m (₩47.2b market cap, or US$32.6m). Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩3,555, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 13x in the Machinery industry in South Korea. Total loss to shareholders of 21% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩60.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 April 2025. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (3.9%). In line with average of industry peers (2.0%). 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 (₩36.9b market cap, or US$25.7m). Buy Or Sell Opportunity • Dec 16
Now 24% undervalued Over the last 90 days, the stock has risen 18% to ₩3,175. The fair value is estimated to be ₩4,154, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has declined by 6.8%. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩2,980, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 13x in the Machinery industry in South Korea. Total loss to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩2,665, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total loss to shareholders of 44% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩60.00 per share at 1.5% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.3%). Upcoming Dividend • Dec 21
Upcoming dividend of ₩60.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 28 April 2023. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.1%). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 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 ₩3,795, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩4,630, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 17x in the Machinery industry in South Korea. Total returns to shareholders of 71% over the past three years. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩5,040, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 19x in the Machinery industry in South Korea. Total returns to shareholders of 69% over the past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improved over the past week After last week's 26% share price gain to ₩6,190, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 20x in the Machinery industry in South Korea. Total returns to shareholders of 85% over the past three years. Upcoming Dividend • Dec 22
Inaugural dividend of ₩60.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for Formetal since going public. The average dividend yield among industry peers is 2.8%. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 17% share price gain to ₩4,690, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 18x in the Machinery industry in South Korea. Total returns to shareholders of 32% over the past three years. 공고 • Feb 25
Formetal Co., Ltd., Annual General Meeting, Mar 24, 2021 Formetal Co., Ltd., Annual General Meeting, Mar 24, 2021, at 09:00 Korea Standard Time. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 18% share price gain to ₩4,780, the stock is trading at a trailing P/E ratio of 29.5x, up from the previous P/E ratio of 25.1x. This compares to an average P/E of 26x in the Machinery industry in South Korea. Total returns to shareholders over the past three years are 13%. Is New 90 Day High Low • Jan 07
New 90-day high: ₩4,665 The company is up 21% from its price of ₩3,850 on 08 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Machinery industry, which is up 20% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩60.00 Per Share Will be paid on the 23rd of April to those who are registered shareholders by the 29th of December. The company last paid an ordinary dividend in . The average dividend yield among industry peers is 2.8%. Is New 90 Day High Low • Dec 14
New 90-day high: ₩4,135 The company is up 8.0% from its price of ₩3,840 on 15 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 14% over the same period.