Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩9,740, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 21x in the Machinery industry in South Korea. Total returns to shareholders of 11% over the past year. New Risk • Mar 27
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.6% Last year net profit margin: 7.2% 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: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Profit margins are more than 30% lower than last year (4.6% net profit margin). Market cap is less than US$100m (₩92.6b market cap, or US$61.3m). 공시 • Mar 13
MOT Co.,Ltd., Annual General Meeting, Mar 26, 2026 MOT Co.,Ltd., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: seminar room, 46, seokgyesandan 2-gil, sangbuk-myeon, gyeongsangnam-do, yangsan South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₩7,320, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 23x in the Machinery industry in South Korea. Total loss to shareholders of 23% over the past year. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩8,780, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 20x in the Machinery industry in South Korea. Total returns to shareholders of 46% over the past year. New Risk • Jan 05
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 9.0% 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 (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (₩89.2b market cap, or US$61.6m). Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 April 2026. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.0%). New Risk • Nov 26
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 High level of non-cash earnings (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩74.0b market cap, or US$50.5m). Declared Dividend • Nov 09
Dividend of ₩100.00 announced Dividend of ₩100.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 10th April 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (7% cash payout ratio). 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 47% to shift the payout ratio to a potentially unsustainable range, which is more than the 14% EPS decline seen over the last 5 years. 공시 • Nov 08
MOT Co.,Ltd. announces Annual dividend, payable on April 10, 2026 MOT Co.,Ltd. announced Annual dividend of KRW 100.0000 per share payable on April 10, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩8,280, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 27x in the Machinery industry in South Korea. New Risk • Sep 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.9% Last year net profit margin: 6.8% 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: Minor Risks Profit margins are more than 30% lower than last year (3.9% net profit margin). Market cap is less than US$100m (₩79.6b market cap, or US$57.1m). New Risk • Aug 30
New major risk - Revenue and earnings growth Revenue has declined by 5.7% 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 5.7% over the past year. Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (₩79.6b market cap, or US$57.4m). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩8,400, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 13x in the Machinery industry in South Korea. Reported Earnings • Mar 21
Full year 2024 earnings released: EPS: ₩608 (vs ₩271 in FY 2023) Full year 2024 results: EPS: ₩608 (up from ₩271 in FY 2023). Revenue: ₩84.9b (up 15% from FY 2023). Net income: ₩6.09b (up 130% from FY 2023). Profit margin: 7.2% (up from 3.6% in FY 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩10,950, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 14x in the Machinery industry in South Korea. 공시 • Mar 13
MOT Co.,Ltd, Annual General Meeting, Mar 26, 2025 MOT Co.,Ltd, Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: seminar room, 46, seokgyesandan 2-gil, sangbuk-myeon, gyeongsangnam-do, yangsan South Korea Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₩7,770, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 14x in the Machinery industry in South Korea. New Risk • Feb 24
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% 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 (39% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (₩86.3b market cap, or US$60.5m). Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩6,070, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 14x in the Machinery industry in South Korea. Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩5,760, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 15x in the Semiconductor industry in South Korea.