Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩6,930, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 14x in the Machinery industry in South Korea. Total loss to shareholders of 12% over the past three years. New Risk • May 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩149.7b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Announcement • May 06
Hyundai Everdigm Corp. to Report Q1, 2026 Results on May 06, 2026 Hyundai Everdigm Corp. announced that they will report Q1, 2026 results on May 06, 2026 Upcoming Dividend • Mar 26
Upcoming dividend of ₩70.00 per share Eligible shareholders must have bought the stock before 02 April 2026. Payment date: 17 April 2026. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (1.8%). Reported Earnings • Mar 18
Full year 2025 earnings released: EPS: ₩260 (vs ₩369 in FY 2024) Full year 2025 results: EPS: ₩260 (down from ₩369 in FY 2024). Revenue: ₩289.6b (down 19% from FY 2024). Net income: ₩4.64b (down 29% from FY 2024). Profit margin: 1.6% (down from 1.9% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩7,280, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 23x in the Machinery industry in South Korea. Total loss to shareholders of 8.2% over the past three years. Announcement • Feb 24
Hyundai Everdigm Corp., Annual General Meeting, Mar 23, 2026 Hyundai Everdigm Corp., Annual General Meeting, Mar 23, 2026, at 09:30 Tokyo Standard Time. Location: conference room, 49, buyeong-gil, jincheon-eup, jincheon-gun, chungcheongbuk-do, South Korea Declared Dividend • Feb 08
Dividend of ₩70.00 announced Dividend of ₩70.00 is the same as last year. Ex-date: 2nd April 2026 Payment date: 17th April 2026 Dividend yield will be 0.8%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (13% earnings payout ratio) but not covered by cash flows (250% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 125% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 07
Hyundai Everdigm Corp. announces Annual dividend, payable on April 17, 2026 Hyundai Everdigm Corp. announced Annual dividend of KRW 70.0000 per share payable on April 17, 2026, ex-date on April 02, 2026 and record date on April 03, 2026. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩8,500, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 18x in the Machinery industry in South Korea. Total loss to shareholders of 2.7% over the past three years. Announcement • Nov 05
Hyundai Everdigm Corp. to Report Q3, 2025 Results on Nov 06, 2025 Hyundai Everdigm Corp. announced that they will report Q3, 2025 results on Nov 06, 2025 New Risk • Sep 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩138.5b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩138.5b market cap, or US$99.5m). Announcement • Jul 30
Hyundai Everdigm Corp. to Report Q2, 2025 Results on Jul 31, 2025 Hyundai Everdigm Corp. announced that they will report Q2, 2025 results on Jul 31, 2025 New Risk • May 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩8,500, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total returns to shareholders of 65% over the past three years. New Risk • Mar 31
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩142.4b (US$96.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩142.4b market cap, or US$96.7m). Upcoming Dividend • Mar 26
Upcoming dividend of ₩70.00 per share Eligible shareholders must have bought the stock before 02 April 2025. Payment date: 18 April 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (1.3%). Reported Earnings • Mar 14
Full year 2024 earnings released: EPS: ₩369 (vs ₩358 in FY 2023) Full year 2024 results: EPS: ₩369 (up from ₩358 in FY 2023). Revenue: ₩355.1b (flat on FY 2023). Net income: ₩6.58b (up 3.0% from FY 2023). Profit margin: 1.9% (up from 1.8% in FY 2023). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Feb 19
Hyundai Everdigm Corp., Annual General Meeting, Mar 19, 2025 Hyundai Everdigm Corp., Annual General Meeting, Mar 19, 2025, at 09:30 Tokyo Standard Time. Location: conference room, 49, buyeong-gil, jincheon-eup, jincheon-gun, chungcheongbuk-do, South Korea Announcement • Feb 04
Hyundai Everdigm Corp. to Report Q4, 2024 Results on Feb 04, 2025 Hyundai Everdigm Corp. announced that they will report Q4, 2024 results on Feb 04, 2025 Upcoming Dividend • Dec 20
Upcoming dividend of ₩70.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 18 April 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (2.0%). 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 Risks No financial data reported. Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Market cap is less than US$100m (₩137.9b market cap, or US$97.0m). New Risk • Dec 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩137.9b (US$97.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Market cap is less than US$100m (₩137.9b market cap, or US$97.1m). New Risk • Sep 17
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 Risks No financial data reported. Share price has been highly volatile over the past 3 months (12% average weekly change). New Risk • Sep 10
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 12% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₩7,130, the stock trades at a trailing P/E ratio of 69.3x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total returns to shareholders of 3.4% over the past three years. New Risk • Jul 22
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 9.3% 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: Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Reported Earnings • Mar 15
Full year 2023 earnings released: EPS: ₩358 (vs ₩600 in FY 2022) Full year 2023 results: EPS: ₩358 (down from ₩600 in FY 2022). Revenue: ₩358.1b (down 4.4% from FY 2022). Net income: ₩6.39b (down 40% from FY 2022). Profit margin: 1.8% (down from 2.9% in FY 2022). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 20
Upcoming dividend of ₩70.00 per share at 1.1% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.3%). New Risk • Jul 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩119.0b (US$93.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 44% per year over the past 5 years. High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩119.0b market cap, or US$93.7m). New Risk • Jul 20
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: 0.9% 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 Risks Earnings have declined by 44% per year over the past 5 years. High level of non-cash earnings (29% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩8,430, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 16x in the Machinery industry in South Korea. Total returns to shareholders of 134% over the past three years. Reported Earnings • Mar 26
Full year 2022 earnings released: EPS: ₩600 (vs ₩1,029 loss in FY 2021) Full year 2022 results: EPS: ₩600 (up from ₩1,029 loss in FY 2021). Revenue: ₩374.4b (up 18% from FY 2021). Net income: ₩10.7b (up ₩29.1b from FY 2021). Profit margin: 2.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. 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. 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. Upcoming Dividend • Dec 22
Upcoming dividend of ₩20.00 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. Trailing yield: 0.4%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.8%). Reported Earnings • Mar 21
Full year 2020 earnings released: ₩398 loss per share (vs ₩65.00 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: ₩263.5b (up 6.0% from FY 2019). Net loss: ₩7.11b (down ₩8.27b from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 86% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 22
New 90-day high: ₩4,985 The company is up 10.0% from its price of ₩4,515 on 24 November 2020. The South Korean market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Machinery industry, which is up 4.0% over the same period. Announcement • Feb 19
EVERDIGM Corp., Annual General Meeting, Mar 24, 2021 EVERDIGM Corp., Annual General Meeting, Mar 24, 2021, at 09:30 Korea Standard Time. Is New 90 Day High Low • Feb 05
New 90-day high: ₩4,815 The company is up 11% from its price of ₩4,340 on 06 November 2020. The South Korean market is up 26% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 17% over the same period. Announcement • Feb 04
EVERDIGM Corp. to Report Fiscal Year 2020 Results on Feb 04, 2021 EVERDIGM Corp. announced that they will report fiscal year 2020 results on Feb 04, 2021 Is New 90 Day High Low • Jan 11
New 90-day low: ₩4,140 The company is down 9.0% from its price of ₩4,530 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 21% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩40.00 Per Share Will be paid on the 23rd of April to those who are registered shareholders by the 29th of December. The trailing yield of 0.9% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (2.8%). Valuation Update With 7 Day Price Move • Oct 14
Market bids up stock over the past week After last week's 16% share price gain to ₩4,840, the stock is trading at a trailing P/E ratio of 25.6x, up from the previous P/E ratio of 22.2x. This compares to an average P/E of 20x in the Machinery industry in South Korea. Total return to shareholders over the past three years is a loss of 52%. Is New 90 Day High Low • Oct 14
New 90-day high: ₩4,840 The company is up 33% from its price of ₩3,630 on 16 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 5.0% over the same period. Announcement • Aug 31
EVERDIGM Corp. to Report Q2, 2020 Results on Aug 12, 2020 EVERDIGM Corp. announced that they will report Q2, 2020 results on Aug 12, 2020 
