Valuation Update With 7 Day Price Move • 1h
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩3,910, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 14x in the Machinery industry in South Korea. Total returns to shareholders of 67% over the past three years. New Risk • Jun 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩150.5b (US$99.2m) 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 High level of non-cash earnings (29% accrual ratio). Minor Risks Less than 3 years of financial data is available. Profit margins are more than 30% lower than last year (7.1% net profit margin). Market cap is less than US$100m (₩150.5b market cap, or US$99.2m). Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩3,800, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total returns to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩5,130, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 21x in the Machinery industry in South Korea. Total returns to shareholders of 173% over the past three years. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩4,280, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 21x in the Machinery industry in South Korea. Total returns to shareholders of 141% over the past three years. Announcement • Mar 07
KSP Co., Ltd., Annual General Meeting, Mar 20, 2026 KSP Co., Ltd., Annual General Meeting, Mar 20, 2026, at 14:00 Tokyo Standard Time. Location: conference room, 147, noksansaneopbuk-ro, gangseo-gu, busan South Korea New Risk • Mar 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩131.8b (US$90.2m) 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 Latest financial reports are more than 1 year old (reported September 2013 fiscal period end). Minor Risk Market cap is less than US$100m (₩131.8b market cap, or US$90.2m). Upcoming Dividend • Dec 22
Upcoming dividend of ₩15.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 06 April 2026. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (1.0%). Declared Dividend • Nov 08
Dividend of ₩15.00 announced Dividend of ₩15.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 6th April 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Announcement • Nov 07
KSP Co., Ltd. announces Annual dividend, payable on April 06, 2026 KSP Co., Ltd. announced Annual dividend of KRW 15.0000 per share payable on April 06, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Announcement • Sep 18
KSP Co., Ltd. announced that it has received KRW 20 billion in funding from Shinhan Investment & Securities Co., Ltd., Kiwoom Securities Co., Ltd., JB Woori Capital Co., Ltd., DB Securities Co., Ltd. and other investors On September 17, 2025, KSP Co., Ltd. closed the transaction. Announcement • Sep 10
KSP Co., Ltd. announced that it expects to receive KRW 20 billion in funding from a group of investors KSP Co., Ltd announced a private placement to issue Series 8 Zero Coupon Bearer Unsecured Convertible bonds for aggregate gross proceeds of KRW 20,000,000,000 on September 9, 2025. The bonds are 100% convertible into common shares of the company at a conversion price of KRW 6,830 and a conversion period from September 17, 2026 to August 17, 2030. The bonds have a maturity date of September 17, 2030. The transaction has been approved by the board of directors of the company and is expected to close on September 17, 2025. The securities issued in the transaction will be held for a lockup period of one year. The transaction will include participation from NH Investment & Securities Co., Ltd, Samsung Securities Co.,Ltd, Shinhan Investment & Securities Co., Ltd and others. New Risk • Aug 14
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 8.0% 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 Latest financial reports are more than 1 year old (reported September 2013 fiscal period end). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). New Risk • Aug 13
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₩5,550, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 20x in the Machinery industry in South Korea. Total returns to shareholders of 164% over the past three years. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩4,650, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 20x in the Machinery industry in South Korea. Total returns to shareholders of 127% over the past three years. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩4,110, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total returns to shareholders of 112% over the past three years. New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩140.2b (US$95.8m) 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 High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (₩140.2b market cap, or US$95.8m). Announcement • Mar 07
KSP Co., Ltd., Annual General Meeting, Mar 21, 2025 KSP Co., Ltd., Annual General Meeting, Mar 21, 2025, at 14:00 Tokyo Standard Time. Location: auditorium, 147, noksansaneopbuk-ro, gangseo-gu, busan South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩10.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 07 April 2025. Trailing yield: 0.2%. 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 Risk No financial data reported. Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: ₩64.00 (vs ₩73.00 in 3Q 2023) Third quarter 2024 results: EPS: ₩64.00 (down from ₩73.00 in 3Q 2023). Revenue: ₩19.0b (down 3.3% from 3Q 2023). Net income: ₩2.58b (down 2.2% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Nov 13
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to ₩4,065. The fair value is estimated to be ₩5,322, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 79%. Buy Or Sell Opportunity • Oct 18
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.0% to ₩4,000. The fair value is estimated to be ₩5,329, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 79%. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩3,660, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 13x in the Machinery industry in South Korea. Total returns to shareholders of 65% over the past three years. Buy Or Sell Opportunity • Aug 26
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at ₩4,270. The fair value is estimated to be ₩5,365, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 79%. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩4,780, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total returns to shareholders of 121% over the past three years. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩4,435, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total returns to shareholders of 69% over the past three years. New Risk • Mar 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (40% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩3,670, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 16x in the Machinery industry in South Korea. Total returns to shareholders of 141% over the past three years. Announcement • Feb 15
KSP Co., Ltd. has completed a Follow-on Equity Offering in the amount of KRW 10.36 billion. KSP Co., Ltd. has completed a Follow-on Equity Offering in the amount of KRW 10.36 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 4,000,000
Price\Range: KRW 2590
Security Features: Attached Warrants
Transaction Features: Rights Offering New Risk • Jan 27
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 8.2% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (40% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₩122.1b market cap, or US$91.4m). Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₩3,560, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 13x in the Machinery industry in South Korea. Total returns to shareholders of 130% over the past three years. Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: ₩73.00 (vs ₩28.00 in 3Q 2022) Third quarter 2023 results: EPS: ₩73.00 (up from ₩28.00 in 3Q 2022). Revenue: ₩19.7b (up 16% from 3Q 2022). Net income: ₩2.64b (up 162% from 3Q 2022). Profit margin: 13% (up from 5.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. New Risk • Aug 10
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 8.4% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₩114.0b market cap, or US$86.4m). Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩3,180, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 17x in the Machinery industry in South Korea. Total returns to shareholders of 115% over the past three years. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩3,045, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 17x in the Machinery industry in South Korea. Total returns to shareholders of 92% over the past three years. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩2,785, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 17x in the Machinery industry in South Korea. Total returns to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩2,785, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 17x in the Machinery industry in South Korea. Total returns to shareholders of 64% over the past three years. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: ₩28.00 (vs ₩15.00 in 3Q 2021) Third quarter 2022 results: EPS: ₩28.00 (up from ₩15.00 in 3Q 2021). Revenue: ₩16.9b (up 56% from 3Q 2021). Net income: ₩1.01b (up 87% from 3Q 2021). Profit margin: 5.9% (up from 5.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. 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. 5 experienced directors. No highly experienced directors. No independent directors (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: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩1,750, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 15x in the Machinery industry in South Korea. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improved over the past week After last week's 20% share price gain to ₩2,660, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 18x in the Machinery industry in South Korea. Total returns to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 16% share price gain to ₩2,300, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 19x in the Machinery industry in South Korea. Total returns to shareholders of 7.2% over the past three years. Announcement • Jun 17
KSP Co., Ltd. (KOSDAQ:A073010) agreed to acquire SAMMI Metal Products Co., Ltd for KRW 10.2 billion. KSP Co., Ltd. (KOSDAQ:A073010) agreed to acquire SAMMI Metal Products Co., Ltd for KRW 10.2 billion on June 15, 2022. After the completion, SAMMI Metal Products will become wholly owned subsidiary of KSP. 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. 5 experienced directors. No highly experienced directors. No independent directors (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: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 15% share price gain to ₩1,915, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 17x in the Machinery industry in South Korea. Total returns to shareholders of 25% over the past year. 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 ₩1,655, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 17x in the Machinery industry in South Korea. Total returns to shareholders of 9.6% over the past year. 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 ₩1,655, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 17x in the Machinery industry in South Korea. Total returns to shareholders of 9.6% over the past year. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 15% share price gain to ₩2,265, the stock trades at a trailing P/E ratio of 57.2x. Average trailing P/E is 18x in the Machinery industry in South Korea. Total returns to shareholders of 60% over the past year. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 16% share price gain to ₩2,230, the stock trades at a trailing P/E ratio of 63.7x. Average trailing P/E is 20x in the Machinery industry in South Korea. Total returns to shareholders of 49% over the past year. Is New 90 Day High Low • Jan 21
New 90-day high: ₩1,630 The company is up 29% from its price of ₩1,260 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 Machinery industry, which is up 21% over the same period. Is New 90 Day High Low • Nov 13
New 90-day high: ₩1,560 The company is up 9.0% from its price of ₩1,425 on 14 August 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period. Valuation Update With 7 Day Price Move • Nov 13
Market bids up stock over the past week After last week's 17% share price gain to ₩1,560, the stock is trading at a trailing P/E ratio of 36.3x, up from the previous P/E ratio of 31x. This compares to an average P/E of 20x in the Machinery industry in South Korea. Total return to shareholders over the past year is a loss of 14%. Valuation Update With 7 Day Price Move • Nov 09
Market bids up stock over the past week After last week's 19% share price gain to ₩1,405, the stock is trading at a trailing P/E ratio of 32.7x, up from the previous P/E ratio of 27.5x. This compares to an average P/E of 20x in the Machinery industry in South Korea. Total return to shareholders over the past year is a loss of 21%. Is New 90 Day High Low • Oct 26
New 90-day low: ₩1,205 The company is down 21% from its price of ₩1,525 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 2.0% over the same period. 
