Buy Or Sell Opportunity • Aug 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.2% to ₩3,230. The fair value is estimated to be ₩4,101, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jul 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to ₩3,155. The fair value is estimated to be ₩4,018, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jun 26
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to ₩3,105. The fair value is estimated to be ₩4,009, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩3,480, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 8x in the Luxury industry in South Korea. Total loss to shareholders of 61% over the past three years. Buy Or Sell Opportunity • Jun 01
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to ₩3,145. The fair value is estimated to be ₩4,007, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Mar 20
Full year 2025 earnings released: EPS: ₩560 (vs ₩633 in FY 2024) Full year 2025 results: EPS: ₩560 (down from ₩633 in FY 2024). Revenue: ₩59.2b (down 8.2% from FY 2024). Net income: ₩4.31b (down 14% from FY 2024). Profit margin: 7.3% (down from 7.8% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. 공고 • Mar 11
Barrel Co., Ltd, Annual General Meeting, Mar 24, 2026 Barrel Co., Ltd, Annual General Meeting, Mar 24, 2026, at 09:01 Tokyo Standard Time. Location: auditorium, 10, saechang-ro 44-gil, yongsan-gu, seoul South Korea Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₩504 (vs ₩483 in 3Q 2024) Third quarter 2025 results: EPS: ₩504 (up from ₩483 in 3Q 2024). Revenue: ₩23.8b (down 6.0% from 3Q 2024). Net income: ₩3.90b (up 2.4% from 3Q 2024). Profit margin: 16% (up from 15% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 21
Full year 2024 earnings released: EPS: ₩633 (vs ₩865 in FY 2023) Full year 2024 results: EPS: ₩633 (down from ₩865 in FY 2023). Revenue: ₩64.4b (up 11% from FY 2023). Net income: ₩4.99b (down 27% from FY 2023). Profit margin: 7.8% (down from 12% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. 공고 • Mar 12
Barrel Co., Ltd, Annual General Meeting, Mar 27, 2025 Barrel Co., Ltd, Annual General Meeting, Mar 27, 2025, at 08:00 Tokyo Standard Time. Location: auditorium, 10, saechang-ro 44-gil, yongsan-gu, seoul South Korea 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 (₩38.9b market cap, or US$27.0m). Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: ₩483 (vs ₩472 in 3Q 2023) Third quarter 2024 results: EPS: ₩483 (up from ₩472 in 3Q 2023). Revenue: ₩25.3b (up 2.8% from 3Q 2023). Net income: ₩3.81b (up 2.4% from 3Q 2023). Profit margin: 15% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: ₩181 (vs ₩212 in 2Q 2023) Second quarter 2024 results: EPS: ₩181 (down from ₩212 in 2Q 2023). Revenue: ₩17.3b (up 9.1% from 2Q 2023). Net income: ₩1.42b (down 15% from 2Q 2023). Profit margin: 8.2% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • May 21
New major risk - Revenue and earnings growth Earnings have declined by 14% 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 14% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩54.0b market cap, or US$39.7m). Reported Earnings • Mar 21
Full year 2023 earnings released: EPS: ₩865 (vs ₩749 loss in FY 2022) Full year 2023 results: EPS: ₩865 (up from ₩749 loss in FY 2022). Revenue: ₩58.2b (up 53% from FY 2022). Net income: ₩6.83b (up ₩12.7b from FY 2022). Profit margin: 12% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • Nov 30
New major risk - Revenue and earnings growth Earnings have declined by 62% 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 62% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩58.2b market cap, or US$45.1m). Reported Earnings • Mar 26
Full year 2022 earnings released: ₩749 loss per share (vs ₩886 loss in FY 2021) Full year 2022 results: ₩749 loss per share (improved from ₩886 loss in FY 2021). Revenue: ₩38.0b (up 77% from FY 2021). Net loss: ₩5.91b (loss narrowed 16% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. 공고 • Jun 08
Barrel Co., Ltd announced that it has received KRW 10 billion in funding On June 7, 2021, Barrel Co., Ltd (KOSDAQ:A267790) closed the transaction. 공고 • Jun 04
Barrel Co., Ltd announced that it expects to receive KRW 10 billion in funding Barrel Co., Ltd (KOSDAQ:A267790) announced a private placement of series 1 unregistered coupon nonguaranteed private convertible bond for gross proceeds of KRW 10,000,000,000 on June 3, 2021. The transaction will include participation from Meritz Hyundai Investment Partners New Technology Business Fund. The bonds carry zero rate of interest and maturity rate of 2% per annum. The bonds will mature on June 7, 2026. The bonds are fully convertible into 801,667 shares of the company at conversion price of KRW 12,474 per share. The conversion period will start from June 7, 2022 and ends on May 7, 2026. The transaction is expected to close on June 7, 2021. The transaction has been approved by the board of directors of the company. Is New 90 Day High Low • Jan 21
New 90-day high: ₩9,310 The company is up 22% from its price of ₩7,640 on 23 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 11% over the same period. Is New 90 Day High Low • Nov 17
New 90-day high: ₩8,500 The company is up 4.0% from its price of ₩8,180 on 19 August 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 16% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: ₩7,360 The company is down 28% from its price of ₩10,200 on 24 June 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 5.0% over the same period.