Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₩4,130, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Luxury industry in South Korea. Total returns to shareholders of 27% over the past three years. Announcement • Mar 13
DK&D Co.,Ltd, Annual General Meeting, Mar 26, 2026 DK&D Co.,Ltd, Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 345, byeolmang-ro, danwon-gu, gyeonggi-do, ansan South Korea Valuation Update With 7 Day Price Move • Mar 11
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 5.5x. Average trailing P/E is 10x in the Luxury industry in South Korea. Total returns to shareholders of 5.1% over the past three years. Buy Or Sell Opportunity • Mar 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to ₩2,690. The fair value is estimated to be ₩3,381, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 18%. Reported Earnings • Nov 16
Third quarter 2025 earnings released: EPS: ₩200 (vs ₩81.00 in 3Q 2024) Third quarter 2025 results: EPS: ₩200 (up from ₩81.00 in 3Q 2024). Revenue: ₩36.3b (up 36% from 3Q 2024). Net income: ₩2.74b (up 126% from 3Q 2024). Profit margin: 7.5% (up from 4.5% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: ₩139 (vs ₩133 in 2Q 2024) Second quarter 2025 results: EPS: ₩139. Revenue: ₩34.0b (up 27% from 2Q 2024). Net income: ₩1.95b (down 1.7% from 2Q 2024). Profit margin: 5.7% (down from 7.4% in 2Q 2024). The decrease in margin was driven by higher expenses. New Risk • May 21
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: 4.9% Last year net profit margin: 9.0% 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 Profit margins are more than 30% lower than last year (4.9% net profit margin). Market cap is less than US$100m (₩41.4b market cap, or US$29.8m). Reported Earnings • Mar 21
Full year 2024 earnings released: EPS: ₩463 (vs ₩460 in FY 2023) Full year 2024 results: EPS: ₩463 (up from ₩460 in FY 2023). Revenue: ₩112.5b (up 25% from FY 2023). Net income: ₩6.85b (flat on FY 2023). Profit margin: 6.1% (down from 7.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Mar 13
DK&D Co.,Ltd, Annual General Meeting, Mar 26, 2025 DK&D Co.,Ltd, Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 345, byeolmang-ro, danwon-gu, gyeonggi-do, ansan South Korea Announcement • Feb 17
DK&D Co.,Ltd (KOSDAQ:A263020) announces an Equity Buyback for KRW 2,000 million worth of its shares. DK&D Co.,Ltd (KOSDAQ:A263020) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million. The purpose of the share repurchase program is to burn profit. The share repurchase program is valid until August 18, 2025. As of February 16, 2025, the company has 190,000 shares in treasury within scope available for dividend and has no shares in treasury through other repurchase. Upcoming Dividend • Dec 20
Upcoming dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 14 April 2025. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (3.0%). Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: ₩81.00 (vs ₩181 in 3Q 2023) Third quarter 2024 results: EPS: ₩81.00 (down from ₩181 in 3Q 2023). Revenue: ₩26.7b (up 24% from 3Q 2023). Net income: ₩1.21b (down 55% from 3Q 2023). Profit margin: 4.5% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩3,810, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 8x in the Luxury industry in South Korea. Total loss to shareholders of 9.4% over the past three years. New Risk • Sep 06
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 9.2% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$100m (₩54.5b market cap, or US$41.0m). Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩3,950, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 9x in the Luxury industry in South Korea. Total loss to shareholders of 22% over the past three years. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: ₩151 (vs ₩62.00 in 1Q 2023) First quarter 2024 results: EPS: ₩151 (up from ₩62.00 in 1Q 2023). Revenue: ₩25.4b (up 2.6% from 1Q 2023). Net income: ₩2.25b (up 144% from 1Q 2023). Profit margin: 8.9% (up from 3.7% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 23
Full year 2023 earnings released: EPS: ₩460 (vs ₩473 in FY 2022) Full year 2023 results: EPS: ₩460 (down from ₩473 in FY 2022). Revenue: ₩89.8b (down 19% from FY 2022). Net income: ₩6.84b (down 3.0% from FY 2022). Profit margin: 7.6% (up from 6.4% 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 30% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 20
Upcoming dividend of ₩50.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 12 April 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.7%). Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩2,955, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 4x in the Luxury industry in South Korea. Total loss to shareholders of 34% over the past three years. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩181 (vs ₩167 in 3Q 2022) Third quarter 2023 results: EPS: ₩181 (up from ₩167 in 3Q 2022). Revenue: ₩21.4b (down 28% from 3Q 2022). Net income: ₩2.69b (up 8.5% from 3Q 2022). Profit margin: 13% (up from 8.3% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 85% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. New Risk • Aug 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Market cap is less than US$100m (₩45.2b market cap, or US$34.2m). Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩3,500, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 7x in the Luxury industry in South Korea. Total returns to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩2,755, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 6x in the Luxury industry in South Korea. Total loss to shareholders of 4.0% over the past three years. Upcoming Dividend • Dec 21
Upcoming dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 12 April 2023. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.1%). Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩3,915, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 12x in the Luxury industry in South Korea. Total returns to shareholders of 82% over the past three years. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₩4,330, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 11x in the Luxury industry in South Korea. Total returns to shareholders of 91% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 37% share price gain to ₩11,900, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 12x in the Luxury industry in South Korea. Total returns to shareholders of 110% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩9,480, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Luxury industry in South Korea. Total returns to shareholders of 81% over the past year. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 18% share price gain to ₩12,550, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Luxury industry in South Korea. Total returns to shareholders of 170% over the past year. Announcement • Apr 24
DK&D Co.,Ltd announced that it has received KRW 20 billion in funding On April 22, 2021, DK&D Co.,Ltd (KOSDAQ:A263020) closed the transaction. Is New 90 Day High Low • Feb 05
New 90-day high: ₩12,850 The company is up 33% from its price of ₩9,630 on 06 November 2020. The South Korean market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 15% over the same period. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 16% share price gain to ₩12,550, the stock is trading at a trailing P/E ratio of 20.8x, up from the previous P/E ratio of 18x. This compares to an average P/E of 16x in the Luxury industry in South Korea. Total returns to shareholders over the past year are 127%. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 15% share price gain to ₩11,850, the stock is trading at a trailing P/E ratio of 19.7x, up from the previous P/E ratio of 17.1x. This compares to an average P/E of 16x in the Luxury industry in South Korea. Total returns to shareholders over the past year are 116%. Is New 90 Day High Low • Jan 14
New 90-day high: ₩11,850 The company is up 79% from its price of ₩6,630 on 16 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 13% over the same period. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 16% share price gain to ₩11,250, the stock is trading at a trailing P/E ratio of 18.7x, up from the previous P/E ratio of 16.1x. This compares to an average P/E of 14x in the Luxury industry in South Korea. Total returns to shareholders over the past year are 109%. Valuation Update With 7 Day Price Move • Dec 03
Market bids up stock over the past week After last week's 18% share price gain to ₩10,300, the stock is trading at a trailing P/E ratio of 17.1x, up from the previous P/E ratio of 14.5x. This compares to an average P/E of 14x in the Luxury industry in South Korea. Total returns to shareholders over the past year are 88%. Valuation Update With 7 Day Price Move • Nov 19
Market pulls back on stock over the past week After last week's 19% share price decline to ₩9,030, the stock is trading at a trailing P/E ratio of 23.1x, down from the previous P/E ratio of 28.4x. This compares to an average P/E of 14x in the Luxury industry in South Korea. Total returns to shareholders over the past year are 64%. Valuation Update With 7 Day Price Move • Nov 13
Market bids up stock over the past week After last week's 23% share price gain to ₩11,800, the stock is trading at a trailing P/E ratio of 30.2x, up from the previous P/E ratio of 24.6x. This compares to an average P/E of 14x in the Luxury industry in South Korea. Total returns to shareholders over the past year are 90%. Is New 90 Day High Low • Nov 12
New 90-day high: ₩11,100 The company is up 118% from its price of ₩5,100 on 14 August 2020. The South Korean market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 20
New 90-day high: ₩8,000 The company is up 54% from its price of ₩5,200 on 22 July 2020. The South Korean market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 9.0% over the same period. Valuation Update With 7 Day Price Move • Oct 20
Market bids up stock over the past week After last week's 36% share price gain to ₩8,000, the stock is trading at a trailing P/E ratio of 20.5x, up from the previous P/E ratio of 15.1x. This compares to an average P/E of 14x in the Luxury industry in South Korea. Total returns to shareholders over the past year are 23%.