Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩19,090, the stock trades at a trailing P/E ratio of 3.1x. Average forward P/E is 30x in the Electrical industry in South Korea. Total returns to shareholders of 4.5% over the past three years. New Risk • Jun 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩152.0b (US$99.0m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩152.0b market cap, or US$99.0m). Announcement • Jun 15
Dongyang E&P Inc. (KOSDAQ:A079960) agreed to acquire 43.41% stake in MOTIVELINK co.,ltd (KOSDAQ:A463480) for KRW 36.4 billion. Dongyang E&P Inc. (KOSDAQ:A079960) agreed to acquire 43.41% stake in MOTIVELINK co.,ltd (KOSDAQ:A463480) for KRW 36.4 billion on June 15, 2026.
The expected completion of the transaction is July 16, 2026. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to ₩26,200, the stock trades at a trailing P/E ratio of 4x. Average forward P/E is 37x in the Electrical industry in South Korea. Total returns to shareholders of 70% over the past three years. Buy Or Sell Opportunity • May 06
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to ₩36,850. The fair value is estimated to be ₩30,662, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 2.1% in a year. Earnings are forecast to grow by 11% in the next year. Buy Or Sell Opportunity • Apr 07
Now 23% undervalued Over the last 90 days, the stock has risen 8.4% to ₩27,150. The fair value is estimated to be ₩35,100, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 2.1% in a year. Earnings are forecast to grow by 11% in the next year. New Risk • Apr 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.3% Last year net profit margin: 13% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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. Profit margins are more than 30% lower than last year (8.3% net profit margin). Announcement • Mar 13
Dongyang E&P Inc., Annual General Meeting, Mar 30, 2026 Dongyang E&P Inc., Annual General Meeting, Mar 30, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 76, jinwisandan-ro, jinwi-myeon, gyeonggi-do, pyeongtaek South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩27,000, the stock trades at a trailing P/E ratio of 2.8x. Average forward P/E is 28x in the Electrical industry in South Korea. Total returns to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩28,850, the stock trades at a trailing P/E ratio of 3x. Average forward P/E is 23x in the Electrical industry in South Korea. Total returns to shareholders of 106% over the past three years. New Risk • Jan 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 138% 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 Risk Earnings are forecast to decline by an average of 138% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Upcoming Dividend • Dec 22
Upcoming dividend of ₩600 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 April 2026. Payout ratio is a comfortable 6.8% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.6%). Declared Dividend • Nov 08
Dividend of ₩600 announced Dividend of ₩600 is the same as last year. Ex-date: 29th December 2025 Payment date: 13th April 2026 Dividend yield will be 2.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 12% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 9.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 07
Dongyang E&P Inc. announces Annual dividend, payable on April 13, 2026 Dongyang E&P Inc. announced Annual dividend of KRW 600.0000 per share payable on April 13, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Buy Or Sell Opportunity • Oct 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to ₩21,900. The fair value is estimated to be ₩27,606, 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 41%. Buy Or Sell Opportunity • Sep 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.6% to ₩22,400. The fair value is estimated to be ₩28,212, 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 41%. New Risk • Aug 30
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2011. 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 Risk Latest financial reports are more than 1 year old (reported December 2011 fiscal period end). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Mar 19
Full year 2024 earnings released: EPS: ₩8,912 (vs ₩5,975 in FY 2023) Full year 2024 results: EPS: ₩8,912 (up from ₩5,975 in FY 2023). Revenue: ₩548.4b (up 2.1% from FY 2023). Net income: ₩69.6b (up 48% from FY 2023). Profit margin: 13% (up from 8.7% in FY 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Mar 14
Dongyang E&P Inc. (KOSDAQ:A079960) announces an Equity Buyback for KRW 2,000 million worth of its shares. Dongyang E&P Inc. (KOSDAQ:A079960) 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 contract with Samsung Securities Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on September 15, 2025. As of March 13, 2025, the company had 206,499 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. Announcement • Mar 08
Dongyang E&P Inc., Annual General Meeting, Mar 24, 2025 Dongyang E&P Inc., Annual General Meeting, Mar 24, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 76, jinwisandan-ro, jinwi-myeon, gyeonggi-do, pyeongtaek South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩400 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 14 April 2025. Payout ratio is a comfortable 6.4% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (0.6%). New Risk • Nov 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩137.7b (US$98.6m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩137.7b market cap, or US$98.6m). Announcement • Sep 04
Dongyang E&P Inc. (KOSDAQ:A079960) announces an Equity Buyback for KRW 2,000 million worth of its shares. Dongyang E&P Inc. (KOSDAQ:A079960) 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 contract with Samsung Securities Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on March 3, 2025. As of September 3, 2024, the company had 103,519 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩15,870, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 22x in the Electrical industry in South Korea. Total loss to shareholders of 16% over the past three years. Announcement • Jul 24
Dongyang E&P Inc. (KOSDAQ:A079960) announces an Equity Buyback for KRW 2,000 million worth of its shares. Dongyang E&P Inc. (KOSDAQ:A079960) 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 contract with Samsung Securities Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on January 23, 2025. As of July 23, 2024, the company had no shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: ₩5,975 (vs ₩2,921 in FY 2022) Full year 2023 results: EPS: ₩5,975 (up from ₩2,921 in FY 2022). Revenue: ₩536.9b (down 4.1% from FY 2022). Net income: ₩47.0b (up 105% from FY 2022). Profit margin: 8.7% (up from 4.1% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 20
Upcoming dividend of ₩300 per share at 1.4% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. Payout ratio is a comfortable 6.5% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.3%). Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩23,650, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 19x in the Electrical industry in South Korea. Total returns to shareholders of 73% over the past three years. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩19,730, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total returns to shareholders of 72% over the past three years. Reported Earnings • Mar 23
Full year 2022 earnings released: EPS: ₩2,921 (vs ₩2,253 in FY 2021) Full year 2022 results: EPS: ₩2,921 (up from ₩2,253 in FY 2021). Revenue: ₩559.8b (up 7.8% from FY 2021). Net income: ₩23.0b (up 30% from FY 2021). Profit margin: 4.1% (up from 3.4% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Upcoming Dividend • Dec 21
Upcoming dividend of ₩300 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 13 April 2023. Payout ratio is a comfortable 13% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (0.9%). 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. 2 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩12,200, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 15x in the Electrical industry in South Korea. Total returns to shareholders of 11% 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 17% share price gain to ₩15,850, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 18x in the Electrical industry in South Korea. Total returns to shareholders of 42% 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. 2 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: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Dec 22
Upcoming dividend of ₩400 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 14 April 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 23% share price gain to ₩23,600, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 22x in the Electrical industry in South Korea. Total returns to shareholders of 152% over the past three years. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩19,750, the stock is trading at a trailing P/E ratio of 5.3x, down from the previous P/E ratio of 6.6x. This compares to an average P/E of 23x in the Electrical industry in South Korea. Total returns to shareholders over the past three years are 64%. Is New 90 Day High Low • Jan 19
New 90-day high: ₩23,750 The company is up 41% from its price of ₩16,900 on 21 October 2020. The South Korean market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 20% over the same period. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 16% share price gain to ₩21,450, the stock is trading at a trailing P/E ratio of 5.8x, up from the previous P/E ratio of 5x. This compares to an average P/E of 25x in the Electrical industry in South Korea. Total returns to shareholders over the past three years are 86%. Is New 90 Day High Low • Dec 30
New 90-day high: ₩18,450 The company is up 8.0% from its price of ₩17,100 on 29 September 2020. The South Korean market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 19% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩300 Per Share Will be paid on the 22nd of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.8% is below the top quartile of South Korean dividend payers (2.6%), but it is higher than industry peers (1.2%). Is New 90 Day High Low • Dec 07
New 90-day low: ₩15,450 The company is down 9.0% from its price of ₩17,000 on 08 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is down 4.0% over the same period. Is New 90 Day High Low • Oct 13
New 90-day high: ₩18,100 The company is up 38% from its price of ₩13,150 on 15 July 2020. The South Korean market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 44% over the same period.