Loading...
A002450 logo

SAMICK MUSICAL INSTRUMENT Co., LtdKOSE:A002450 Stock Report

Market Cap ₩90.3b
Share Price
₩1.17k
₩1.49k
21.9% undervalued intrinsic discount
1Y-10.7%
7D-9.4%
1D
Portfolio Value
​
View

SAMICK MUSICAL INSTRUMENT Co., Ltd

KOSE:A002450 Stock Report

Market Cap: ₩90.3b

SAMICK MUSICAL INSTRUMENT (A002450) Stock Overview

Together with subsidiaries, manufactures, and sells musical instruments in South Korea. More details

A002450 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends1/6

Rewards

Trading at 21.9% below our estimate of its fair value

Became profitable this year

Risk Analysis

Earnings have declined by 24.6% per year over past 5 years

Does not have a meaningful market cap (₩90B)

Large one-off items impacting financial results


A002450 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

View all narratives

SAMICK MUSICAL INSTRUMENT Co., Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for SAMICK MUSICAL INSTRUMENT
Historical stock prices
Current Share Price₩1,166.00
52 Week High₩1,422.00
52 Week Low₩1,100.00
Beta0.48
1 Month Change-12.79%
3 Month Change-7.09%
1 Year Change-10.65%
3 Year Change-3.56%
5 Year Change-40.96%
Change since IPO-97.76%

Recent News & Updates

Analysis Article • May 24

SAMICK MUSICAL INSTRUMENT's (KRX:002450) Profits Appear To Have Quality Issues

SAMICK MUSICAL INSTRUMENT Co., Ltd's ( KRX:002450 ) healthy profit numbers didn't contain any surprises for investors...

Recent updates

Analysis Article • May 24

SAMICK MUSICAL INSTRUMENT's (KRX:002450) Profits Appear To Have Quality Issues

SAMICK MUSICAL INSTRUMENT Co., Ltd's ( KRX:002450 ) healthy profit numbers didn't contain any surprises for investors...
Analysis Article • Nov 09

SAMICK MUSICAL INSTRUMENT (KRX:002450) Is Paying Out A Dividend Of ₩50.00

The board of SAMICK MUSICAL INSTRUMENT Co., Ltd ( KRX:002450 ) has announced that it will pay a dividend on the 20th of...
Analysis Article • May 12

SAMICK MUSICAL INSTRUMENT Co., Ltd's (KRX:002450) Business Is Trailing The Market But Its Shares Aren't

When close to half the companies in Korea have price-to-earnings ratios (or "P/E's") below 11x, you may consider SAMICK...
Analysis Article • Apr 08

These 4 Measures Indicate That SAMICK MUSICAL INSTRUMENT (KRX:002450) Is Using Debt Extensively

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article • Jan 24

SAMICK MUSICAL INSTRUMENT (KRX:002450) Is Finding It Tricky To Allocate Its Capital

What underlying fundamental trends can indicate that a company might be in decline? More often than not, we'll see a...
Analysis Article • Dec 18

SAMICK MUSICAL INSTRUMENT Co., Ltd's (KRX:002450) Shareholders Might Be Looking For Exit

With a median price-to-sales (or "P/S") ratio of close to 0.5x in the Leisure industry in Korea, you could be forgiven...
Analysis Article • Nov 21

SAMICK MUSICAL INSTRUMENT (KRX:002450) Strong Profits May Be Masking Some Underlying Issues

SAMICK MUSICAL INSTRUMENT Co., Ltd's ( KRX:002450 ) robust recent earnings didn't do much to move the stock. We think...
Analysis Article • May 27

SAMICK MUSICAL INSTRUMENT's (KRX:002450) Returns On Capital Tell Us There Is Reason To Feel Uneasy

What underlying fundamental trends can indicate that a company might be in decline? Businesses in decline often have...
Analysis Article • Mar 28

SAMICK MUSICAL INSTRUMENT's (KRX:002450) Sluggish Earnings Might Be Just The Beginning Of Its Problems

The subdued market reaction suggests that SAMICK MUSICAL INSTRUMENT Co., Ltd's ( KRX:002450 ) recent earnings didn't...
Analysis Article • Mar 17

Is SAMICK MUSICAL INSTRUMENT (KRX:002450) Likely To Turn Things Around?

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article • Feb 24

Is SAMICK MUSICAL INSTRUMENT (KRX:002450) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Feb 03

Is SAMICK MUSICAL INSTRUMENT Co., Ltd (KRX:002450) A Strong Dividend Stock?

Could SAMICK MUSICAL INSTRUMENT Co., Ltd ( KRX:002450 ) be an attractive dividend share to own for the long haul...
Analysis Article • Jan 13

Reflecting on SAMICK MUSICAL INSTRUMENT's (KRX:002450) Share Price Returns Over The Last Five Years

Ideally, your overall portfolio should beat the market average. But the main game is to find enough winners to more...
Analysis Article • Dec 23

Do Institutions Own SAMICK MUSICAL INSTRUMENT Co., Ltd (KRX:002450) Shares?

The big shareholder groups in SAMICK MUSICAL INSTRUMENT Co., Ltd ( KRX:002450 ) have power over the company. Generally...
Analysis Article • Dec 02

Should We Be Excited About The Trends Of Returns At Samick Musical Instruments (KRX:002450)?

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...

Shareholder Returns

A002450KR LeisureKR Market
7D-9.4%-10.2%5.6%
1Y-10.7%1.4%182.9%

Return vs Industry: A002450 underperformed the KR Leisure industry which returned 1.4% over the past year.

Return vs Market: A002450 underperformed the KR Market which returned 182.9% over the past year.

Price Volatility

Is A002450's price volatile compared to industry and market?
A002450 volatility
A002450 Average Weekly Movement4.7%
Leisure Industry Average Movement9.9%
Market Average Movement8.8%
10% most volatile stocks in KR Market16.1%
10% least volatile stocks in KR Market4.6%

Stable Share Price: A002450 has not had significant price volatility in the past 3 months compared to the KR market.

Volatility Over Time: A002450's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195840Min-Soo Kimwww.samick.co.kr

SAMICK MUSICAL INSTRUMENT Co., Ltd, together with subsidiaries, manufactures, and sells musical instruments in South Korea. It offers pianos, digital pianos and audios, DJ, guitar and bass products, ukulele, and orchestra, as well as musical instruments for teaching materials. The company also sells its products online.

SAMICK MUSICAL INSTRUMENT Co., Ltd Fundamentals Summary

How do SAMICK MUSICAL INSTRUMENT's earnings and revenue compare to its market cap?
A002450 fundamental statistics
Market cap₩90.32b
Earnings (TTM)₩25.48b
Revenue (TTM)₩219.51b
3.5x
P/E Ratio
0.4x
P/S Ratio

Is A002450 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
A002450 income statement (TTM)
Revenue₩219.51b
Cost of Revenue₩164.95b
Gross Profit₩54.56b
Other Expenses₩29.08b
Earnings₩25.48b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)335.19
Gross Margin24.86%
Net Profit Margin11.61%
Debt/Equity Ratio53.3%

How did A002450 perform over the long term?

See historical performance and comparison

Dividends

4.3%
Current Dividend Yield
n/a
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/23 12:31
End of Day Share Price 2026/06/23 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SAMICK MUSICAL INSTRUMENT Co., Ltd is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sang-Hun LeeiM Securities
Han Kyung KimLS Securities Co., Ltd.
Eui-Seob ShimNH Investment & Securities Co., Ltd.