New Risk • May 16
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended March 2025. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2025 fiscal period end). Revenue has declined by 25% over the past year. 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 (₩40.1b market cap, or US$26.7m). 공시 • Mar 12
ATEC MOBILITY Co., Ltd, Annual General Meeting, Mar 27, 2026 ATEC MOBILITY Co., Ltd, Annual General Meeting, Mar 27, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 289, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea New Risk • Dec 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Paying a dividend despite being loss-making. Market cap is less than US$100m (₩47.8b market cap, or US$32.5m). 공시 • Jul 03
ATEC MOBILITY Co., Ltd (KOSDAQ:A224110) acquired 44.50% stake in Atec Ap Co. Ltd for KRW 32.5 billion. ATEC MOBILITY Co., Ltd (KOSDAQ:A224110) agreed to acquire 44.50% stake in Atec Ap Co. Ltd for KRW 32.5 billion on June 27, 2025. A cash consideration of KRW 32.48 billion will be paid by ATEC MOBILITY Co., Ltd. As part of consideration, KRW 32.48 billion is paid towards common equity of Atec Ap Co. Ltd.
ATEC MOBILITY Co., Ltd (KOSDAQ:A224110) completed the acquisition of 44.50% stake in Atec Ap Co. Ltd on July 1, 2025. New Risk • Mar 30
New major risk - Revenue and earnings growth Earnings have declined by 6.1% 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 Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 6.1% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩85.9b market cap, or US$58.4m). Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩16,880, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 36% over the past three years. 공시 • Mar 12
ATEC MOBILITY Co., Ltd, Annual General Meeting, Mar 28, 2025 ATEC MOBILITY Co., Ltd, Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 289, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩17,600, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 14x in the Electronic industry in South Korea. Total loss to shareholders of 8.3% over the past three years. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₩19,290, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total loss to shareholders of 8.6% over the past three years. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ₩15,230, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 12x in the Electronic industry in South Korea. Total loss to shareholders of 24% over the past three years. New Risk • Nov 25
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: 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 (10% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩67.9b market cap, or US$48.4m). Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩11,800, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total loss to shareholders of 43% over the past three years. 공시 • Oct 10
ATEC MOBILITY Co., Ltd (KOSDAQ:A224110) announces an Equity Buyback for KRW 2,000 million worth of its shares. ATEC MOBILITY Co., Ltd (KOSDAQ:A224110) 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 trust contract with Samsung Securities Co., Ltd. The purpose of the program is to stabilize stock price and to enhance the shareholder value. The program will expire on April 9, 2025. As of October 9, 2024, the company had 432,796 shares in treasury within scope available for dividend and had 1,941 shares in treasury under other acquisitions. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩13,500, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total loss to shareholders of 64% over the past three years. 공시 • Apr 09
ATEC MOBILITY Co., Ltd (KOSDAQ:A224110) announces an Equity Buyback for KRW 2,000 million worth of its shares. ATEC MOBILITY Co., Ltd (KOSDAQ:A224110) 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 trust contract with Samsung Securities Co., Ltd. The purpose of the program is to stabilize stock price and to enhance the shareholder value. The program will expire on October 8, 2024. As of April 8, 2024, the company had 318,459 shares in treasury within scope available for dividend and had 1,941 shares in treasury under other acquisitions. Reported Earnings • Mar 16
Full year 2023 earnings released: EPS: ₩1,277 (vs ₩828 in FY 2022) Full year 2023 results: EPS: ₩1,277 (up from ₩828 in FY 2022). Revenue: ₩201.0b (up 34% from FY 2022). Net income: ₩6.44b (up 50% from FY 2022). Profit margin: 3.2% (up from 2.9% in FY 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share at 0.7% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 03 April 2024. Payout ratio is a comfortable 7.7% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (0.9%). New Risk • Jun 13
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 8.3% 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 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (₩80.8b market cap, or US$63.5m). Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩16,190, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 73% over the past three years. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩12,550, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 12x in the Electronic industry in South Korea. Total returns to shareholders of 50% over the past three years. Upcoming Dividend • Dec 21
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 03 April 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (1.0%). Buying Opportunity • Dec 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be ₩12,772, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 12%. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 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: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩10,600, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 10x in the Electronic industry in South Korea. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 28% share price decline to ₩11,800, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 11x 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 • Sep 15
Investor sentiment improved over the past week After last week's 27% share price gain to ₩14,300, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 12x in the Electronic industry in South Korea. Total returns to shareholders of 83% over the past three years. 공시 • Sep 07
Atec T& Co., Ltd (KOSDAQ:A224110) announces an Equity Buyback for KRW 1,000 million worth of its shares. Atec T& Co., Ltd (KOSDAQ:A224110) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares according to the contract with Samsung Securities Co., Ltd. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on March 6, 2023. As of September 6, 2022, the company had 76,300 treasury shares in holdings which were acquired within the range available for dividends and 1,941 shares through other acquisition. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improved over the past week After last week's 16% share price gain to ₩13,650, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total returns to shareholders of 58% over the past three years. Buying Opportunity • Apr 28
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 27%. The fair value is estimated to be ₩15,620, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 18%. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 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: Lack of independent directors. Insufficient board refreshment. Buying Opportunity • Apr 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 46%. The fair value is estimated to be ₩15,567, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 18%. Reported Earnings • Mar 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ₩432 (down from ₩694 in FY 2020). Revenue: ₩131.8b (up 11% from FY 2020). Net income: ₩2.27b (down 38% from FY 2020). Profit margin: 1.7% (down from 3.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 15% per year. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩12,150, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩14,050, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 67% over the past three years. Buying Opportunity • Jan 25
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 27%. The fair value is estimated to be ₩21,457, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 13% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩17,900, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total returns to shareholders of 118% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 13% and the cash payout ratio is 80%. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (0.4%). Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩19,000, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 157% over the past three years. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₩22,250, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total returns to shareholders of 156% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩30,600, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 24x in the Electronic industry in South Korea. Total returns to shareholders of 259% over the past three years. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 22% share price gain to ₩28,900, the stock trades at a trailing P/E ratio of 41.6x. Average trailing P/E is 25x in the Electronic industry in South Korea. Total returns to shareholders of 159% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₩25,250, the stock is trading at a trailing P/E ratio of 53.7x, up from the previous P/E ratio of 46.2x. This compares to an average P/E of 27x in the Electronic industry in South Korea. Total returns to shareholders over the past three years are 113%. 공시 • Feb 17
Atec T& Co., Ltd, Annual General Meeting, Mar 19, 2021 Atec T& Co., Ltd, Annual General Meeting, Mar 19, 2021, at 09:00 Korea Standard Time. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₩27,300, the stock is trading at a trailing P/E ratio of 58.1x, up from the previous P/E ratio of 49.5x. This compares to an average P/E of 29x in the Electronic industry in South Korea. Total returns to shareholders over the past three years are 142%. Is New 90 Day High Low • Jan 06
New 90-day high: ₩27,300 The company is up 21% from its price of ₩22,650 on 08 October 2020. The South Korean market is up 24% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 30% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: ₩25,450 The company is up 28% from its price of ₩19,850 on 22 September 2020. The South Korean market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Dec 08
Market bids up stock over the past week After last week's 16% share price gain to ₩22,200, the stock is trading at a trailing P/E ratio of 47.2x, up from the previous P/E ratio of 40.6x. This compares to an average P/E of 27x in the Electronic industry in South Korea. Total returns to shareholders over the past three years are 100%. Is New 90 Day High Low • Dec 02
New 90-day low: ₩18,550 The company is down 27% from its price of ₩25,400 on 03 September 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period. Valuation Update With 7 Day Price Move • Nov 06
Market bids up stock over the past week After last week's 16% share price gain to ₩21,700, the stock is trading at a trailing P/E ratio of 45.1x, up from the previous P/E ratio of 38.9x. This compares to an average P/E of 23x in the Electronic industry in South Korea. Total returns to shareholders over the past three years are 139%. Valuation Update With 7 Day Price Move • Oct 20
Market pulls back on stock over the past week After last week's 17% share price decline to ₩19,800, the stock is trading at a trailing P/E ratio of 41.2x, down from the previous P/E ratio of 49.7x. This compares to an average P/E of 22x in the Electronic industry in South Korea. Total returns to shareholders over the past three years are 119%.