New Risk • Jul 17
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 13% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Major Estimate Revision • Jul 07
Consensus EPS estimates increase by 23% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from ₩93,463 to ₩115,211. Revenue forecast steady at ₩145.3b. Net income forecast to grow 331% next year vs 143% growth forecast for Industrials industry in South Korea. Consensus price target up from ₩737,083 to ₩860,455. Share price fell 25% to ₩624,000 over the past week. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩685,000, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Industrials industry in South Korea. Total returns to shareholders of 433% over the past three years. Price Target Changed • Jun 26
Price target increased by 10% to ₩757,083 Up from ₩685,417, the current price target is an average from 12 analysts. New target price is 5.6% below last closing price of ₩802,000. Stock is up 306% over the past year. The company is forecast to post earnings per share of ₩93,463 for next year compared to ₩7,001 last year. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩707,000, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Industrials industry in South Korea. Total returns to shareholders of 389% over the past three years. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₩642,000, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Industrials industry in South Korea. Total returns to shareholders of 315% over the past three years. Major Estimate Revision • May 19
Consensus revenue estimates increase by 14% The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩126.6b to ₩144.7b. EPS estimate increased from ₩51,284 to ₩93,463 per share. Net income forecast to grow 8,520% next year vs 158% growth forecast for Industrials industry in South Korea. Consensus price target up from ₩508,182 to ₩558,636. Share price fell 4.6% to ₩516,000 over the past week. Price Target Changed • May 09
Price target increased by 9.7% to ₩482,727 Up from ₩440,000, the current price target is an average from 11 analysts. New target price is 12% below last closing price of ₩550,000. Stock is up 300% over the past year. The company is forecast to post earnings per share of ₩48,426 for next year compared to ₩7,001 last year. Major Estimate Revision • May 09
Consensus EPS estimates increase by 11% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from ₩43,569 to ₩48,426. Revenue forecast steady at ₩125.9b. Net income forecast to grow 1,070% next year vs 103% growth forecast for Industrials industry in South Korea. Consensus price target up from ₩440,000 to ₩482,727. Share price rose 29% to ₩550,000 over the past week. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩474,500, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Industrials industry in South Korea. Total returns to shareholders of 217% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩631,201 per share. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩361,500, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Industrials industry in South Korea. Total returns to shareholders of 137% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩631,201 per share. Board Change • Apr 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Executive Director Dong-Soo Kang was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Mar 23
Now 26% undervalued Over the last 90 days, the stock has risen 32% to ₩328,500. The fair value is estimated to be ₩443,208, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 60% per annum over the same time period. Reported Earnings • Mar 17
Full year 2025 earnings released: EPS: ₩7,226 (vs ₩22,901 loss in FY 2024) Full year 2025 results: EPS: ₩7,226 (up from ₩22,901 loss in FY 2024). Revenue: ₩123t (flat on FY 2024). Net income: ₩398.1b (up ₩1.66t from FY 2024). Profit margin: 0.3% (up from net loss in FY 2024). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 12
SK Inc., Annual General Meeting, Mar 26, 2026 SK Inc., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: supex hall, 26, jong-ro, jongno-gu, seoul South Korea Price Target Changed • Mar 03
Price target increased by 8.1% to ₩377,500 Up from ₩349,167, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of ₩382,000. Stock is up 174% over the past year. The company is forecast to post earnings per share of ₩63,223 next year compared to a net loss per share of ₩26,998 last year. Price Target Changed • Feb 23
Price target increased by 8.3% to ₩359,167 Up from ₩331,667, the current price target is an average from 12 analysts. New target price is 5.2% below last closing price of ₩379,000. Stock is up 155% over the past year. The company is forecast to post earnings per share of ₩63,223 next year compared to a net loss per share of ₩26,998 last year. Declared Dividend • Feb 12
Dividend of ₩6,500 announced Shareholders will receive a dividend of ₩6,500. Ex-date: 31st March 2026 Payment date: 1st January 1970 Dividend yield will be 2.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.9% per year over the past 7 years. However, payments have been volatile during that time. Announcement • Dec 18
Doosan Corporation (KOSE:A000150) selected as the preferred bidder to acquire 70.60% stake in SK Siltron Co., Ltd. from SK Inc. (KOSE:A034730) for KRW 3 trillion. Doosan Corporation (KOSE:A000150) selected as the preferred bidder to acquire 70.60% stake in SK Siltron Co., Ltd. from SK Inc. (KOSE:A034730) for KRW 3 trillion on December 17, 2025. Announcement • Dec 05
SK ecoplant Co., Ltd. completed the acquisition of 51% stake in SK Showa Denko Co., Ltd. from SK Inc. (KOSE:A034730). SK ecoplant Co., Ltd. acquired 51% stake in SK Showa Denko Co., Ltd. from SK Inc. (KOSE:A034730) on December 1, 2025.
SK ecoplant Co., Ltd. completed the acquisition of 51% stake in SK Showa Denko Co., Ltd. from SK Inc. (KOSE:A034730) on December 1, 2025. Price Target Changed • Nov 26
Price target increased by 7.9% to ₩293,091 Up from ₩271,556, the current price target is an average from 11 analysts. New target price is 17% above last closing price of ₩251,000. Stock is up 79% over the past year. The company is forecast to post earnings per share of ₩59,391 next year compared to a net loss per share of ₩26,998 last year. Reported Earnings • Nov 20
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: ₩21,581 (up from ₩7,708 in 3Q 2024). Revenue: ₩31t (up 3.3% from 3Q 2024). Net income: ₩1.19t (up 180% from 3Q 2024). Profit margin: 3.8% (up from 1.4% in 3Q 2024). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 151%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Price Target Changed • Nov 03
Price target increased by 9.0% to ₩271,556 Up from ₩249,111, the current price target is an average from 9 analysts. New target price is 7.3% above last closing price of ₩253,000. Stock is up 69% over the past year. The company is forecast to post earnings per share of ₩35,293 next year compared to a net loss per share of ₩26,998 last year. Announcement • Sep 17
M2I Corporation acquired 21.11% stake in SMCore.Inc from SK Inc. M2I Corporation (KOSDAQ:A347890) signed a binding memorandum of understanding to acquire an unknown minority stake in SMCore.Inc (KOSDAQ:A007820) from SK Inc. (KOSE:A034730) for KRW 23.6 billion on May 30, 2025. M2I Corporation entered into a stock purchase agreement to acquire an 21.11% stake in SMCore.Inc from SK Inc. for KRW 23.6 billion on August 29, 2025. M2I Corporation will pay KRW 5,580 per share for the acquisition. After this transaction, M2I Corporation will work with SK Inc. to enhance SMCore's corporate value. Final contract negotiation after due diligence and final contract conclusion within 3 months. The expected completion date of the transaction is September 16, 2025.
M2I Corporation completed the acquisition of 21.11% stake in SMCore.Inc from SK Inc. for September 16, 2025. Announcement • Aug 21
Group14 Technologies, Inc. acquired an additional 75% stake in Sk Materials Group14 Co., Ltd. from SK Inc. (KOSE:A034730). Group14 Technologies, Inc. acquired an additional 75% stake in Sk Materials Group14 Co., Ltd. from SK Inc. (KOSE:A034730) on August 21, 2025.
As of December 31, 2024, Sk Materials Group14 Co., Ltd. reported total assets of KRW 265.66 billion.
Group14 Technologies, Inc. completed the acquisition of an additional 75% stake in Sk Materials Group14 Co., Ltd. from SK Inc. (KOSE:A034730) on August 21, 2025. Declared Dividend • Aug 01
Dividend of ₩1,500 announced Dividend of ₩1,500 is the same as last year. Ex-date: 13th August 2025 Payment date: 29th August 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 6 years. However, payments have been volatile during that time. Price Target Changed • Jun 19
Price target increased by 9.2% to ₩219,875 Up from ₩201,375, the current price target is an average from 8 analysts. New target price is 14% above last closing price of ₩192,600. Stock is up 20% over the past year. The company is forecast to post earnings per share of ₩25,413 next year compared to a net loss per share of ₩26,998 last year. Price Target Changed • Jun 06
Price target increased by 7.1% to ₩198,875 Up from ₩185,667, the current price target is an average from 8 analysts. New target price is 6.4% above last closing price of ₩187,000. Stock is up 2.7% over the past year. The company is forecast to post earnings per share of ₩25,413 next year compared to a net loss per share of ₩26,998 last year. Announcement • Apr 02
Hahn & Co. No. 30 Co., Ltd. completed the acquisition of 85% stake in SK Materials Co., Ltd. from SK Inc. (KOSE:A034730) for KRW 2.6 trillion. Hahn & Co. No. 30 Co., Ltd. proposed to acquire 85% stake in SK Materials Co., Ltd. from SK Inc. (KOSE:A034730) for KRW 2.7 trillion on September 30, 2024. Hahn & Co. No. 30 Co., Ltd. agreed to acquire 85% stake in SK Materials Co., Ltd. from SK Inc. (KOSE:A034730) on December 23, 2024. A cash consideration of KRW 2.7 trillion will be paid by Hahn & Company. As part of consideration, KRW 2.7 trillion is paid towards common equity of SK Materials Co., Ltd.
The deal has been approved by the board of SK Inc.
The deal is expected to be completed on June 13, 2025.
Hahn & Co. No. 30 Co., Ltd. completed the acquisition of 85% stake in SK Materials Co., Ltd. from SK Inc. (KOSE:A034730) for KRW 2.6 trillion on March 31, 2025. The consideration is paid at a price of KRW 206,000 per share. Reported Earnings • Mar 14
Full year 2024 earnings released: ₩26,721 loss per share (vs ₩32,208 loss in FY 2023) Full year 2024 results: ₩26,721 loss per share (improved from ₩32,208 loss in FY 2023). Revenue: ₩125t (down 3.2% from FY 2023). Net loss: ₩1.47t (loss narrowed 18% from FY 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Industrials industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Declared Dividend • Mar 12
Dividend of ₩5,500 announced Shareholders will receive a dividend of ₩5,500. Ex-date: 31st March 2025 Payment date: 1st January 1970 Dividend yield will be 5.1%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 6 years ago. However, payments have been volatile during that time. Announcement • Mar 08
SK Inc., Annual General Meeting, Mar 26, 2025 SK Inc., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: supex hall, 26, jong-ro, jongno-gu, seoul South Korea Price Target Changed • Jan 09
Price target decreased by 7.2% to ₩212,727 Down from ₩229,167, the current price target is an average from 11 analysts. New target price is 50% above last closing price of ₩141,800. Stock is down 13% over the past year. The company is forecast to post earnings per share of ₩13,137 next year compared to a net loss per share of ₩30,236 last year. Announcement • Sep 12
SK Inc. (KOSE:A034730) agreed to acquire Ackerton Technology Services Co., Ltd. from Ackerton Partners Co., Ltd. for KRW 759.07 million. SK Inc. (KOSE:A034730) agreed to acquire Ackerton Technology Services Co., Ltd. from Ackerton Partners Co., Ltd. for KRW 759.07 million on September 11, 2024. A cash consideration of KRW 759.07 million valued at KRW 5839 per share will be paid by SK Inc. for a total of 0.13 million shares. As part of consideration, KRW 759.07 million is paid towards common equity of Ackerton Technology Services Co., Ltd. As of December 31, 2023, Ackerton Technology Services Co., Ltd. reported total assets of KRW 6.31 billion. The expected completion of the transaction is September 12, 2024. Declared Dividend • Aug 02
Dividend of ₩1,500 announced Dividend of ₩1,500 is the same as last year. Ex-date: 13th August 2024 Payment date: 30th August 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 5 years ago. However, payments have been volatile during that time. New Risk • Jul 01
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 7.6% 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 Interest payments are not well covered by earnings (1.9x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Inside Director Dae-Shik Cho was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Dec 20
Upcoming dividend of ₩3,500 per share at 2.8% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of South Korean dividend payers (3.5%). In line with average of industry peers (3.0%). Announcement • Nov 02
SK Inc. (KOSE:A034730) announces an Equity Buyback for KRW 120,000 million worth of its shares. SK Holdings Co., Ltd (KOSE:A034730) announces a share repurchase program. Under the program, the company will repurchase up to KRW 120,000 million worth of its shares. The purpose of the program is to increase the shareholder value through stabilization of stock price. The repurchase program will expire on May 2, 2024. As of October 30, 2023, the company had 7,000,583 shares in treasury within scope available for dividend and had 10,995,803 shares in treasury through other repurchase. Major Estimate Revision • Aug 22
Consensus EPS estimates fall by 16% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩9,111 to ₩7,681 per share. Revenue forecast steady at ₩131.5b. Net income forecast to grow 212% next year vs 205% growth forecast for Industrials industry in South Korea. Consensus price target broadly unchanged at ₩235,000. Share price fell 4.4% to ₩142,000 over the past week. Upcoming Dividend • Aug 02
Upcoming dividend of ₩1,500 per share at 3.2% yield Eligible shareholders must have bought the stock before 09 August 2023. Payment date: 31 August 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.2%. Lower than top quartile of South Korean dividend payers (3.4%). In line with average of industry peers (3.3%). Announcement • Jul 27
SK Inc. Declares Interim Dividend, Payable Before August 31, 2023 SK Inc. announced that its board of directors (BOD) held a meeting on July 26, in which the board declared to distribute an interim dividend of KRW 1,500 per share, matching last year's payout. The record date is set for August 10, 2023. The interim dividend is scheduled to be distributed before August 31 to shareholders. Major Estimate Revision • Jul 12
Consensus EPS estimates increase by 16%, revenue downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ₩131.4b to ₩130.1b. EPS estimate rose from ₩7,871 to ₩9,120. Net income forecast to grow 222% next year vs 100% growth forecast for Industrials industry in South Korea. Consensus price target down from ₩248,500 to ₩238,500. Share price was steady at ₩148,100 over the past week. Price Target Changed • Jul 07
Price target decreased by 7.3% to ₩243,500 Down from ₩262,778, the current price target is an average from 10 analysts. New target price is 74% above last closing price of ₩140,200. Stock is down 33% over the past year. The company is forecast to post earnings per share of ₩7,871 for next year compared to ₩11,840 last year. Upcoming Dividend • Jun 22
Upcoming dividend of ₩1,500 per share at 3.1% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 21 August 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.1%. Lower than top quartile of South Korean dividend payers (3.2%). In line with average of industry peers (3.2%). Announcement • May 19
SK Inc. (KOSE:A034730) acquired a 95.4% stake in EverTech Enterprise Co, Ltd. SK Inc. (KOSE:A034730) acquired a 95.4% stake in EverTech Enterprise Co, Ltd. on May 17, 2023. SK Inc. (KOSE:A034730) completed the acquisition of a 95.4% stake in EverTech Enterprise Co, Ltd. on May 17, 2023. Price Target Changed • Mar 26
Price target decreased by 8.1% to ₩297,222 Down from ₩323,500, the current price target is an average from 9 analysts. New target price is 80% above last closing price of ₩165,200. Stock is down 31% over the past year. The company is forecast to post earnings per share of ₩17,374 for next year compared to ₩11,840 last year. Major Estimate Revision • Mar 22
Consensus EPS estimates fall by 46% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩28,547 to ₩15,342. Revenue forecast unchanged from ₩133.4b at last update. Net income forecast to grow 77% next year vs 68% growth forecast for Industrials industry in South Korea. Consensus price target broadly unchanged at ₩317,778. Share price was steady at ₩165,300 over the past week. Reported Earnings • Mar 17
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: ₩11,871 (down from ₩30,387 in FY 2021). Revenue: ₩135t (up 38% from FY 2021). Net income: ₩667.3b (down 58% from FY 2021). Profit margin: 0.5% (down from 1.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 45%. Revenue is forecast to stay flat during the next 2 years compared to a 3.1% growth forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 21
Upcoming dividend of ₩6,500 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 01 May 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (3.9%). Reported Earnings • Nov 20
Third quarter 2022 earnings released: EPS: ₩3,229 (vs ₩949 loss in 3Q 2021) Third quarter 2022 results: EPS: ₩3,229 (up from ₩949 loss in 3Q 2021). Revenue: ₩37t (up 46% from 3Q 2021). Net income: ₩182.1b (up ₩234.8b from 3Q 2021). Profit margin: 0.5% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Major Estimate Revision • Nov 16
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩129.7b to ₩127.0b. EPS estimate also fell from ₩41,317 per share to ₩35,821 per share. Net income forecast to shrink 6.9% next year vs 29% growth forecast for Industrials industry in South Korea . Consensus price target broadly unchanged at ₩348,000. Share price was steady at ₩220,000 over the past week. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Inside Director Dae-Shik Cho was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 22
Upcoming dividend of ₩1,500 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 22 August 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.5%. Within top quartile of South Korean dividend payers (3.2%). In line with average of industry peers (3.8%). Major Estimate Revision • May 25
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ₩109.7b to ₩111.7b. EPS estimate fell from ₩34,308 to ₩28,212 per share. Net income forecast to grow 9.8% next year vs 33% growth forecast for Industrials industry in South Korea. Consensus price target of ₩368,333 unchanged from last update. Share price fell 4.6% to ₩236,500 over the past week. Major Estimate Revision • May 17
Consensus EPS estimates increase by 25% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ₩107.5b to ₩109.7b. EPS estimate increased from ₩27,354 to ₩34,308 per share. Net income forecast to grow 59% next year vs 16% growth forecast for Industrials industry in South Korea. Consensus price target of ₩368,750 unchanged from last update. Share price was steady at ₩250,000 over the past week. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Inside Director Dae-Shik Cho was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Jan 14
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 EPS estimate increased from ₩13,088 to ₩14,613. Revenue forecast steady at ₩96.5b. Net income forecast to grow 488% next year vs 40% growth forecast for Industrials industry in South Korea. Consensus price target of ₩377,273 unchanged from last update. Share price was steady at ₩244,000 over the past week. Upcoming Dividend • Dec 22
Upcoming dividend of ₩6,000 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 27 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.3%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (2.8%). Board Change • Aug 10
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Inside Director Dae-Shik Cho was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 22
Upcoming dividend of ₩1,000 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 20 August 2021. Trailing yield: 2.5%. Within top quartile of South Korean dividend payers (2.1%). In line with average of industry peers (2.3%). Is New 90 Day High Low • Jan 25
New 90-day high: ₩355,000 The company is up 84% from its price of ₩193,000 on 27 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 39% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩407,330 per share. Is New 90 Day High Low • Jan 06
New 90-day high: ₩273,000 The company is up 31% from its price of ₩209,000 on 08 October 2020. The South Korean market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩375,305 per share. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩4,000 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 2.1% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (2.4%). Major Estimate Revision • Dec 17
Analysts update estimates The 2020 consensus earning per share (EPS) estimate increased from ₩5,760 to ₩8,002. Revenue estimate for the same period was approximately flat at ₩84.3b. Net income is expected to grow by 2,165% next year compared to 75% growth forecast for the Industrials industry in South Korea. The consensus price target was lowered from ₩327,000 to ₩323,071. Share price stayed mostly flat at ₩242,000 over the past week. Is New 90 Day High Low • Dec 02
New 90-day high: ₩237,000 The company is up 9.0% from its price of ₩216,500 on 03 September 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Industrials industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩348,437 per share. Is New 90 Day High Low • Oct 29
New 90-day low: ₩188,000 The company is down 15% from its price of ₩221,500 on 31 July 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩310,953 per share. Is New 90 Day High Low • Sep 21
New 90-day low: ₩207,500 The company is down 33% from its price of ₩309,500 on 23 June 2020. The South Korean market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩301,372 per share.