Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩7,020, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Metals and Mining industry in South Korea. Total returns to shareholders of 78% over the past three years. New Risk • Apr 28
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 15% 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 (15% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Price Target Changed • Apr 23
Price target increased by 35% to ₩5,660 Up from ₩4,200, the current price target is provided by 1 analyst. New target price is 11% above last closing price of ₩5,110. Stock is up 38% over the past year. The company is forecast to post earnings per share of ₩577 for next year compared to ₩285 last year. Board Change • Apr 23
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Youngmin Lee was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
Full year 2025 earnings released: EPS: ₩2,845 (vs ₩5,719 in FY 2024) Full year 2025 results: EPS: ₩2,845 (down from ₩5,719 in FY 2024). Revenue: ₩1.13t (down 7.0% from FY 2024). Net income: ₩17.0b (down 50% from FY 2024). Profit margin: 1.5% (down from 2.8% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Metals and Mining industry in South Korea. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Feb 24
POSCO STEELEON Co., Ltd., Annual General Meeting, Mar 26, 2026 POSCO STEELEON Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 173, cheolgang-ro, nam-gu, gyeongsangbuk-do, pohang South Korea Declared Dividend • Feb 04
Dividend reduced to ₩1,085 Dividend of ₩1,085 is 50% lower than last year. Ex-date: 30th March 2026 Payment date: 1st January 1970 Dividend yield will be 2.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 14% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 43% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jan 27
POSCO STEELEON Co., Ltd. to Report Fiscal Year 2025 Results on Jan 29, 2026 POSCO STEELEON Co., Ltd. announced that they will report fiscal year 2025 results on Jan 29, 2026 Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: ₩652 (vs ₩782 in 3Q 2024) Third quarter 2025 results: EPS: ₩652 (down from ₩782 in 3Q 2024). Revenue: ₩282.6b (flat on 3Q 2024). Net income: ₩3.91b (down 17% from 3Q 2024). Profit margin: 1.4% (down from 1.7% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Sep 01
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at ₩36,150. The fair value is estimated to be ₩45,575, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 20%. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩38,250, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 11x in the Metals and Mining industry in South Korea. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩38,700, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 10x in the Metals and Mining industry in South Korea. Total loss to shareholders of 16% over the past three years. Upcoming Dividend • Mar 20
Upcoming dividend of ₩2,160 per share Eligible shareholders must have bought the stock before 27 March 2025. Payment date: 24 April 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (2.7%). Reported Earnings • Mar 15
Full year 2024 earnings released: EPS: ₩5,719 (vs ₩4,133 in FY 2023) Full year 2024 results: EPS: ₩5,719 (up from ₩4,133 in FY 2023). Revenue: ₩1.21t (up 4.4% from FY 2023). Net income: ₩34.3b (up 38% from FY 2023). Profit margin: 2.8% (up from 2.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. New Risk • Mar 07
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 10% 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 (10% average weekly change). Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₩47,100, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 10x in the Metals and Mining industry in South Korea. Total returns to shareholders of 5.5% over the past three years. Announcement • Feb 21
POSCO STEELEON Co., Ltd., Annual General Meeting, Mar 24, 2025 POSCO STEELEON Co., Ltd., Annual General Meeting, Mar 24, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 173, cheolgang-ro, nam-gu, gyeongsangbuk-do, pohang South Korea Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩35,000, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 10x in the Metals and Mining industry in South Korea. Total loss to shareholders of 18% over the past three years. Declared Dividend • Feb 08
Dividend of ₩2,160 announced Shareholders will receive a dividend of ₩2,160. Ex-date: 27th March 2025 Payment date: 24th April 2025 Dividend yield will be 6.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 26% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 34% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩25,650, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 9x in the Metals and Mining industry in South Korea. Total loss to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩30,500, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 10x in the Metals and Mining industry in South Korea. Total loss to shareholders of 42% over the past three years. Announcement • Oct 25
POSCO STEELEON Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 POSCO STEELEON Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Sep 17
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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩36,000, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 8x in the Metals and Mining industry in South Korea. Total loss to shareholders of 41% over the past three years. Announcement • Jul 13
POSCO STEELEON Co., Ltd. to Report Q2, 2024 Results on Jul 25, 2024 POSCO STEELEON Co., Ltd. announced that they will report Q2, 2024 results on Jul 25, 2024 Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩47,100, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 7x in the Metals and Mining industry in South Korea. Total loss to shareholders of 8.5% over the past three years. Announcement • Apr 21
POSCO STEELEON Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 POSCO STEELEON Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Feb 28
POSCO STEELEON Co., Ltd., Annual General Meeting, Mar 25, 2024 POSCO STEELEON Co., Ltd., Annual General Meeting, Mar 25, 2024, at 09:01 Korea Standard Time. Location: Main Conference Room at 2F of POSCO STEELEON Pohang-si Gyeongsangbuk-do South Korea Agenda: To Approval of the 36th financial statement; to Appointment of directors; to Appointment of auditor; To Approve the directors’ remuneration limit; and to consider other matters. Announcement • Jan 27
POSCO STEELEON Co., Ltd. to Report Q4, 2023 Results on Jan 31, 2024 POSCO STEELEON Co., Ltd. announced that they will report Q4, 2023 results on Jan 31, 2024 Upcoming Dividend • Dec 20
Upcoming dividend of ₩875 per share at 1.7% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.7%). Announcement • Oct 21
POSCO STEELEON Co., Ltd. to Report Q3, 2023 Results on Oct 24, 2023 POSCO STEELEON Co., Ltd. announced that they will report Q3, 2023 results on Oct 24, 2023 Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₩59,100, the stock trades at a trailing P/E ratio of 54.7x. Average trailing P/E is 7x in the Metals and Mining industry in South Korea. Total returns to shareholders of 378% over the past three years. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩61,900, the stock trades at a trailing P/E ratio of 57.3x. Average trailing P/E is 8x in the Metals and Mining industry in South Korea. Total returns to shareholders of 410% over the past three years. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩46,500, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 9x in the Metals and Mining industry in South Korea. Total returns to shareholders of 328% over the past three years. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩41,500, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 7x in the Metals and Mining industry in South Korea. Total returns to shareholders of 366% over the past three years. Reported Earnings • Mar 15
Full year 2022 earnings released: EPS: ₩3,785 (vs ₩17,070 in FY 2021) Full year 2022 results: EPS: ₩3,785 (down from ₩17,070 in FY 2021). Revenue: ₩1.20t (down 11% from FY 2021). Net income: ₩22.7b (down 78% from FY 2021). Profit margin: 1.9% (down from 7.6% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 21
Upcoming dividend of ₩1,000 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 20 April 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (4.4%). Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 37% share price gain to ₩40,000, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 8x in the Metals and Mining industry in South Korea. Total returns to shareholders of 146% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Outside Independent Director Jong Lee was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 17% share price gain to ₩39,850, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 5x in the Metals and Mining industry in South Korea. Total returns to shareholders of 167% over the past three years. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩37,500, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 6x in the Metals and Mining industry in South Korea. Total returns to shareholders of 110% over the past three years. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Outside Independent Director Jong Lee was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improved over the past week After last week's 21% share price gain to ₩56,200, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 8x in the Metals and Mining industry in South Korea. Total returns to shareholders of 206% over the past three years. Reported Earnings • Mar 16
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: ₩17,070 (up from ₩1,056 in FY 2020). Revenue: ₩1.35t (up 49% from FY 2020). Net income: ₩102.4b (up ₩96.1b from FY 2020). Profit margin: 7.6% (up from 0.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.2%. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 22
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 3.4% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.3%). Reported Earnings • Nov 19
Third quarter 2021 earnings released: EPS ₩6,982 (vs ₩683 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₩389.9b (up 73% from 3Q 2020). Net income: ₩41.9b (up ₩37.8b from 3Q 2020). Profit margin: 11% (up from 1.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improved over the past week After last week's 30% share price gain to ₩70,000, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 10x in the Metals and Mining industry in South Korea. Total returns to shareholders of 249% over the past three years. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improved over the past week After last week's 25% share price gain to ₩79,000, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 18x in the Metals and Mining industry in South Korea. Total returns to shareholders of 307% over the past three years. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improved over the past week After last week's 35% share price gain to ₩77,500, the stock trades at a trailing P/E ratio of 73.4x. Average trailing P/E is 32x in the Metals and Mining industry in South Korea. Total returns to shareholders of 231% over the past three years. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improved over the past week After last week's 55% share price gain to ₩47,400, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 23x in the Metals and Mining industry in South Korea. Total returns to shareholders of 99% over the past three years. Reported Earnings • Mar 10
Full year 2020 earnings released: EPS ₩1,056 (vs ₩446 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₩907.3b (down 1.0% from FY 2019). Net income: ₩6.34b (up 137% from FY 2019). Profit margin: 0.7% (up from 0.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 35% share price gain to ₩23,500, the stock is trading at a trailing P/E ratio of 31.2x, up from the previous P/E ratio of 23.1x. This compares to an average P/E of 17x in the Metals and Mining industry in South Korea. Total return to shareholders over the past three years is a loss of 7.4%. Is New 90 Day High Low • Feb 22
New 90-day high: ₩23,500 The company is up 49% from its price of ₩15,800 on 24 November 2020. The South Korean market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. Announcement • Jan 28
POSCO COATED & COLOR STEEL Co., Ltd., Annual General Meeting, Mar 15, 2021 POSCO COATED & COLOR STEEL Co., Ltd., Annual General Meeting, Mar 15, 2021, at 09:00 Korea Standard Time. Is New 90 Day High Low • Jan 05
New 90-day high: ₩18,200 The company is up 14% from its price of ₩16,000 on 07 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 26% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: ₩17,750 The company is up 35% from its price of ₩13,150 on 17 September 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 25% over the same period. Is New 90 Day High Low • Oct 12
New 90-day high: ₩16,450 The company is up 29% from its price of ₩12,800 on 14 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period. Is New 90 Day High Low • Sep 20
New 90-day high: ₩14,050 The company is up 4.0% from its price of ₩13,500 on 22 June 2020. The South Korean market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period.