Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩33,550, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Machinery industry in South Korea. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩15,620 per share. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩47,300, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Machinery industry in South Korea. Total loss to shareholders of 7.3% over the past three years. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩60,900, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the Machinery industry in South Korea. Total returns to shareholders of 16% over the past three years. Reported Earnings • Mar 20
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: ₩3,215 (down from ₩6,263 in FY 2024). Revenue: ₩744.9b (down 28% from FY 2024). Net income: ₩74.7b (down 48% from FY 2024). Profit margin: 10.0% (down from 14% in FY 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Machinery industry in South Korea. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Mar 18
Consensus EPS estimates increase by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩948.6m to ₩1.00b. EPS estimate increased from ₩4,657 to ₩5,858 per share. Net income forecast to grow 3.0% next year vs 31% growth forecast for Machinery industry in South Korea. Consensus price target up from ₩56,000 to ₩59,500. Share price was steady at ₩47,950 over the past week. Aankondiging • Mar 05
People & Technology Inc., Annual General Meeting, Mar 24, 2026 People & Technology Inc., Annual General Meeting, Mar 24, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 33, cheomdangieop-ro, gyeongsangbuk-do, gumi South Korea New Risk • Mar 04
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 11% 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 (28% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₩41,550, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 18x in the Machinery industry in South Korea. Total loss to shareholders of 19% over the past three years. Price Target Changed • Feb 28
Price target increased by 18% to ₩56,000 Up from ₩47,500, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₩54,700. Stock is up 23% over the past year. The company is forecast to post earnings per share of ₩4,145 for next year compared to ₩6,231 last year. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩43,950, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 16x in the Machinery industry in South Korea. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩57,580 per share. Aankondiging • Dec 05
People & Technology Inc. announced that it expects to receive KRW 18.7631 billion in funding from CS Advisors Co., Ltd and other investors. People & Technology Inc. announced a private placement to issue Series 6 unsecured, privately issued convertible bonds for the proceeds of KRW 18,763,100,000 on December 4, 2025. Transaction involves participation of Orion Luxury KOSDAQ Venture General Private Equity Investment Trust No. 120, Orion Luxury KOSDAQ Venture General Private Equity Investment Trust No. 118, Orion Luxury KOSDAQ Venture General Private Equity Investment Trust No. 122 collectively for KRW 2,800,000,000, Susung KOSDAQ Venture SN7 General Private Equity Investment Trust, Susung KOSDAQ Venture SN8 General Private Equity Investment Trust collectively for KRW 1,763,100,000, KB-GVA Premier Mezzanine New Technology Business Fund for KRW 1,500,000,000 and other investors. The bond bear no interest and no yield to maturity. Bond matures on December 12, 2030 and conversion price is KRW 48,591. Transaction is approved by board of directors and is expected to close by December 12, 2025. Bonds are restricted for 1 year from closing. Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: ₩611 (vs ₩776 in 3Q 2024) Third quarter 2025 results: EPS: ₩611 (down from ₩776 in 3Q 2024). Revenue: ₩107.5b (down 47% from 3Q 2024). Net income: ₩14.2b (down 21% from 3Q 2024). Profit margin: 13% (up from 9.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in South Korea. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Major Estimate Revision • Nov 12
Consensus revenue estimates decrease by 15%, EPS upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ₩844.4m to ₩721.5m. EPS estimate increased from ₩3,601 to ₩4,145 per share. Net income forecast to grow 21% next year vs 48% growth forecast for Machinery industry in South Korea. Consensus price target up from ₩45,000 to ₩47,500. Share price was steady at ₩41,950 over the past week. Buy Or Sell Opportunity • Nov 11
Now 21% undervalued Over the last 90 days, the stock has risen 11% to ₩40,700. The fair value is estimated to be ₩51,740, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 48% in 2 years. Earnings are forecast to grow by 9.3% in the next 2 years. Declared Dividend • Nov 08
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 0.2%, which is lower than the industry average of 2.4%. Aankondiging • Nov 07
People & Technology Inc. announces Annual dividend, payable on April 10, 2026 People & Technology Inc. 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 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩41,050, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Machinery industry in South Korea. Total returns to shareholders of 7.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩23,959 per share. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: ₩343 (vs ₩970 in 2Q 2024) Second quarter 2025 results: EPS: ₩343 (down from ₩970 in 2Q 2024). Revenue: ₩113.4b (down 53% from 2Q 2024). Net income: ₩7.98b (down 63% from 2Q 2024). Profit margin: 7.0% (down from 9.0% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Machinery industry in South Korea. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Major Estimate Revision • Aug 12
Consensus revenue estimates fall by 11% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₩920.3m to ₩821.0m. EPS estimate fell from ₩3,593 to ₩3,473 per share. Net income forecast to shrink 18% next year vs 51% growth forecast for Machinery industry in South Korea . Consensus price target of ₩51,500 unchanged from last update. Share price was steady at ₩36,100 over the past week. New Risk • Aug 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. High level of non-cash earnings (35% accrual ratio). Price Target Changed • Jul 16
Price target decreased by 18% to ₩51,500 Down from ₩63,000, the current price target is an average from 2 analysts. New target price is 61% above last closing price of ₩31,900. Stock is down 42% over the past year. The company is forecast to post earnings per share of ₩3,936 for next year compared to ₩6,231 last year. Aankondiging • May 23
People & Technology Inc. (KOSDAQ:A137400) announces an Equity Buyback for KRW 3,000 million worth of its shares. People & Technology Inc. (KOSDAQ:A137400) 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 trust contract with NH Investment & Securities Co., Ltd. The purpose of the program is to improve shareholder value and stock price stabilization. The program is valid until November 22, 2025. As of May 22, 2025, the company had 495,750 shares in treasury within scope available for dividend and no shares in treasury through other repurchase. Reported Earnings • May 19
First quarter 2025 earnings released: EPS: ₩444 (vs ₩1,521 in 1Q 2024) First quarter 2025 results: EPS: ₩444 (down from ₩1,521 in 1Q 2024). Revenue: ₩151.8b (down 26% from 1Q 2024). Net income: ₩10.3b (down 70% from 1Q 2024). Profit margin: 6.8% (down from 17% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Machinery industry in South Korea. 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 13% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 20
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: ₩6,231 (up from ₩3,136 in FY 2023). Revenue: ₩1.04t (up 90% from FY 2023). Net income: ₩142.0b (up 103% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in South Korea. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Aankondiging • Mar 06
People & Technology Inc., Annual General Meeting, Mar 25, 2025 People & Technology Inc., Annual General Meeting, Mar 25, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 33, cheomdangieop-ro, gyeongsangbuk-do, gumi South Korea Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩46,650, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Machinery industry in South Korea. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩81,999 per share. Price Target Changed • Jan 24
Price target decreased by 21% to ₩67,000 Down from ₩85,350, the current price target is an average from 2 analysts. New target price is 73% above last closing price of ₩38,800. Stock is down 1.1% over the past year. The company is forecast to post earnings per share of ₩4,451 for next year compared to ₩3,136 last year. New Risk • Dec 09
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 Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: ₩772 (vs ₩362 in 3Q 2023) Third quarter 2024 results: EPS: ₩772 (up from ₩362 in 3Q 2023). Revenue: ₩200.9b (up 69% from 3Q 2023). Net income: ₩17.9b (up 123% from 3Q 2023). Profit margin: 8.9% (up from 6.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in South Korea. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩46,100, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Machinery industry in South Korea. Total loss to shareholders of 5.4% over the past three years. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩57,600, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Machinery industry in South Korea. Total returns to shareholders of 74% over the past three years. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩47,700, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Machinery industry in South Korea. Total returns to shareholders of 48% over the past three years. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: ₩958 (vs ₩736 in 2Q 2023) Second quarter 2024 results: EPS: ₩958 (up from ₩736 in 2Q 2023). Revenue: ₩240.5b (up 157% from 2Q 2023). Net income: ₩21.4b (up 30% from 2Q 2023). Profit margin: 8.9% (down from 18% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in South Korea. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Aug 14
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₩5,503 to ₩4,874 per share. Revenue forecast steady at ₩1.05b. Net income forecast to grow 59% next year vs 29% growth forecast for Machinery industry in South Korea. Consensus price target broadly unchanged at ₩85,350. Share price rose 6.3% to ₩57,800 over the past week. New Risk • Jul 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% 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 (48% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Price Target Changed • Jul 01
Price target increased by 8.1% to ₩80,500 Up from ₩74,500, the current price target is an average from 2 analysts. New target price is 20% above last closing price of ₩67,200. Stock is up 18% over the past year. The company is forecast to post earnings per share of ₩5,533 for next year compared to ₩3,136 last year. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩70,400, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Machinery industry in South Korea. Total returns to shareholders of 191% over the past three years. New Risk • May 29
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 8.9% 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 (48% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Reported Earnings • May 16
First quarter 2024 earnings released: EPS: ₩1,521 (vs ₩752 in 1Q 2023) First quarter 2024 results: EPS: ₩1,521 (up from ₩752 in 1Q 2023). Revenue: ₩204.5b (up 96% from 1Q 2023). Net income: ₩33.8b (up 102% from 1Q 2023). Profit margin: 17% (in line with 1Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Machinery industry in South Korea. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • May 11
Consensus EPS estimates increase by 20% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩4,451 to ₩5,331. Revenue forecast steady at ₩1.05b. Net income forecast to grow 87% next year vs 37% growth forecast for Machinery industry in South Korea. Consensus price target up from ₩74,000 to ₩75,667. Share price rose 6.0% to ₩43,450 over the past week. Buy Or Sell Opportunity • May 09
Now 21% undervalued Over the last 90 days, the stock has risen 8.3% to ₩41,300. The fair value is estimated to be ₩52,147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 114% in 2 years. Earnings are forecast to grow by 99% in the next 2 years. Buy Or Sell Opportunity • Mar 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to ₩41,550. The fair value is estimated to be ₩52,333, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 83% in a year. Earnings are forecast to grow by 78% in the next year. Reported Earnings • Mar 21
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: ₩3,136 (up from ₩2,704 in FY 2022). Revenue: ₩545.4b (up 31% from FY 2022). Net income: ₩69.8b (up 16% from FY 2022). Profit margin: 13% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 7.2%. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share at 0.2% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. Payout ratio is a comfortable 5.0% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.3%). Price Target Changed • Nov 17
Price target decreased by 8.8% to ₩82,500 Down from ₩90,500, the current price target is an average from 4 analysts. New target price is 73% above last closing price of ₩47,700. Stock is down 1.5% over the past year. The company is forecast to post earnings per share of ₩2,980 for next year compared to ₩2,704 last year. Major Estimate Revision • Nov 13
Consensus revenue estimates fall by 10% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩561.9m to ₩503.7m. EPS estimate fell from ₩3,619 to ₩2,691 per share. Net income forecast to grow 55% next year vs 40% growth forecast for Machinery industry in South Korea. Consensus price target down from ₩90,500 to ₩85,500. Share price fell 10% to ₩51,700 over the past week. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩49,150, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Machinery industry in South Korea. Total returns to shareholders of 127% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩84,285 per share. Buying Opportunity • Sep 19
Now 22% undervalued Over the last 90 days, the stock is up 24%. The fair value is estimated to be ₩86,342, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 36%. Revenue is forecast to grow by 119% in 2 years. Earnings is forecast to grow by 118% in the next 2 years. Buying Opportunity • Aug 19
Now 21% undervalued Over the last 90 days, the stock is up 30%. The fair value is estimated to be ₩84,625, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 50%. Revenue is forecast to grow by 122% in 2 years. Earnings is forecast to grow by 102% in the next 2 years. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩67,500, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Machinery industry in South Korea. Total returns to shareholders of 380% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩53,999 per share. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₩61,600, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Machinery industry in South Korea. Total returns to shareholders of 606% over the past three years. Reported Earnings • Mar 26
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: ₩2,704 (up from ₩2,407 in FY 2021). Revenue: ₩417.8b (up 11% from FY 2021). Net income: ₩60.2b (up 13% from FY 2021). Profit margin: 14% (in line with FY 2021). Revenue missed analyst estimates by 8.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Machinery industry in South Korea. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩50,200, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Machinery industry in South Korea. Total returns to shareholders of 405% 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: 17 April 2023. Payout ratio is a comfortable 4.8% but the company is paying out more than the cash it is generating. Trailing yield: 0.3%. 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. 6 experienced directors. No highly experienced directors. 1 independent director (5 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 • Oct 28
Investor sentiment improved over the past week After last week's 18% share price gain to ₩45,350, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Machinery industry in South Korea. Total returns to shareholders of 547% over the past three years. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 16% share price gain to ₩49,500, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 9x in the Machinery industry in South Korea. Total returns to shareholders of 1,118% over the past three years. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩41,750, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 9x in the Machinery industry in South Korea. Total returns to shareholders of 758% over the past three years. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 17% share price gain to ₩55,100, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 21x in the Machinery industry in South Korea. Total returns to shareholders of 902% 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. 6 experienced directors. No highly experienced directors. 1 independent director (5 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. Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. Payout ratio is a comfortable 4.1% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 27% share price gain to ₩51,000, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 20x in the Machinery industry in South Korea. Total returns to shareholders of 857% over the past three years. Reported Earnings • Nov 16
Third quarter 2021 earnings released: EPS ₩658 (vs ₩316 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₩63.6b (down 3.8% from 3Q 2020). Net income: ₩14.7b (up 117% from 3Q 2020). Profit margin: 23% (up from 10% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 18% share price gain to ₩31,500, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 20x in the Machinery industry in South Korea. Total returns to shareholders of 307% over the past three years. Reported Earnings • May 17
First quarter 2021 earnings released: EPS ₩391 (vs ₩347 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₩89.8b (up 8.4% from 1Q 2020). Net income: ₩8.62b (up 41% from 1Q 2020). Profit margin: 9.6% (up from 7.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 21
New 90-day high: ₩28,000 The company is up 49% from its price of ₩18,750 on 23 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: ₩25,450 The company is up 8.0% from its price of ₩23,650 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 15% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS ₩316 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ₩66.1b (down 23% from 3Q 2019). Net income: ₩6.76b (up 62% from 3Q 2019). Profit margin: 10% (up from 4.8% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 05
Market bids up stock over the past week After last week's 15% share price gain to ₩22,200, the stock is trading at a trailing P/E ratio of 59x, up from the previous P/E ratio of 51.2x. This compares to an average P/E of 19x in the Machinery industry in South Korea. Total returns to shareholders over the past three years are 229%. Valuation Update With 7 Day Price Move • Nov 03
Market bids up stock over the past week After last week's 18% share price gain to ₩21,850, the stock is trading at a trailing P/E ratio of 58.1x, up from the previous P/E ratio of 49.1x. This compares to an average P/E of 19x in the Machinery industry in South Korea. Total returns to shareholders over the past three years are 243%. 