New Risk • May 24
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% 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: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (₩62.4b market cap, or US$41.0m). Reported Earnings • Mar 20
Full year 2025 earnings released: EPS: ₩348 (vs ₩507 in FY 2024) Full year 2025 results: EPS: ₩348 (down from ₩507 in FY 2024). Revenue: ₩709.0b (up 1.1% from FY 2024). Net income: ₩9.83b (down 31% from FY 2024). Profit margin: 1.4% (down from 2.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Mar 06
Intergis Co., Ltd, Annual General Meeting, Mar 24, 2026 Intergis Co., Ltd, Annual General Meeting, Mar 24, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 66, chungjang-daero 9beon-gil, jung-gu, busan South Korea Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 April 2026. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (3.0%). Declared Dividend • Nov 08
Dividend of ₩100.00 announced Dividend of ₩100.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 10th April 2026 Dividend yield will be 3.9%, which is lower than the industry average of 5.8%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has not increased over the past 4 years but payments have been stable during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 07
Intergis Co., Ltd announces Annual dividend, payable on April 10, 2026 Intergis Co., Ltd announced Annual dividend of KRW 100.0000 per share payable on April 10, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Announcement • Oct 01
Intergis Co., Ltd (KOSE:A129260) acquired an additional 21.22% stake in Dangjin Kodae-port Operating Company Ltd. from Dongkuk Holdings Co.,Ltd. (KOSE:A001230). Intergis Co., Ltd (KOSE:A129260) acquired an additional 21.22% stake in Dangjin Kodae-port Operating Company Ltd. from Dongkuk Holdings Co.,Ltd. (KOSE:A001230) on September 26, 2025.
Intergis Co., Ltd (KOSE:A129260) completed the acquisition of an additional 21.22% stake in Dangjin Kodae-port Operating Company Ltd. from Dongkuk Holdings Co.,Ltd. (KOSE:A001230) on September 26, 2025. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩3,560, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 5x in the Shipping industry in South Korea. Total returns to shareholders of 43% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩2,615, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 5x in the Shipping industry in South Korea. Total loss to shareholders of 16% over the past three years. Reported Earnings • Mar 21
Full year 2024 earnings released: EPS: ₩507 (vs ₩475 in FY 2023) Full year 2024 results: EPS: ₩507 (up from ₩475 in FY 2023). Revenue: ₩701.2b (up 15% from FY 2023). Net income: ₩14.3b (up 6.9% from FY 2023). Profit margin: 2.0% (down from 2.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Mar 08
Intergis Co., Ltd, Annual General Meeting, Mar 25, 2025 Intergis Co., Ltd, Annual General Meeting, Mar 25, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 52, chungjang-daero 9beon-gil, jung-gu, busan South Korea New Risk • Mar 02
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 9.5% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (₩69.5b market cap, or US$47.6m). Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 11 April 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (3.8%). Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩2,450, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 6x in the Shipping industry in South Korea. Total loss to shareholders of 22% over the past three years. New Risk • Nov 24
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (₩59.8b market cap, or US$42.6m). 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 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 (₩61.6b market cap, or US$46.9m). Buy Or Sell Opportunity • Aug 05
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to ₩2,015. The fair value is estimated to be ₩2,746, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years, while earnings per share has been flat. Reported Earnings • Mar 16
Full year 2023 earnings released: EPS: ₩475 (vs ₩1,092 in FY 2022) Full year 2023 results: EPS: ₩475 (down from ₩1,092 in FY 2022). Revenue: ₩611.6b (down 15% from FY 2022). Net income: ₩13.4b (down 56% from FY 2022). Profit margin: 2.2% (down from 4.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% 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 ₩120 per share at 4.9% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 10 April 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (6.1%). New Risk • Nov 25
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: 2.6% Last year net profit margin: 4.3% 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 (2.6% net profit margin). Market cap is less than US$100m (₩69.7b market cap, or US$53.5m). Reported Earnings • May 18
First quarter 2023 earnings released: EPS: ₩262 (vs ₩280 in 1Q 2022) First quarter 2023 results: EPS: ₩262 (down from ₩280 in 1Q 2022). Revenue: ₩153.6b (down 11% from 1Q 2022). Net income: ₩7.40b (down 6.3% from 1Q 2022). Profit margin: 4.8% (up from 4.6% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: ₩1,092 (vs ₩519 in FY 2021) Full year 2022 results: EPS: ₩1,092 (up from ₩519 in FY 2021). Revenue: ₩720.0b (up 22% from FY 2021). Net income: ₩30.8b (up 110% from FY 2021). Profit margin: 4.3% (up from 2.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 21
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 07 April 2023. Payout ratio is a comfortable 9.2% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.5%). Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. No independent directors (8 non-independent directors). Executive Director Gwang-yong Kwon was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 20% share price gain to ₩3,200, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 3x in the Shipping industry in South Korea. Total returns to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩2,495, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 3x in the Shipping industry in South Korea. Total returns to shareholders of 23% 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 18% share price decline to ₩3,130, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 5x in the Shipping industry in South Korea. Total returns to shareholders of 27% over the past three years. Board Change • Apr 27
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. No independent directors (8 non-independent directors). Executive Director Gwang-yong Kwon was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩3,015, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 4x in the Shipping industry in South Korea. Total returns to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩3,325, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 11x in the Shipping industry in South Korea. Total returns to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 15% share price gain to ₩4,090, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 12x in the Shipping industry in South Korea. Total returns to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improved over the past week After last week's 15% share price gain to ₩4,520, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 25x in the Shipping industry in South Korea. Total returns to shareholders of 41% over the past three years. Announcement • Mar 16
Intergis Co.Ltd, Annual General Meeting, Mar 30, 2021 Intergis Co.Ltd, Annual General Meeting, Mar 30, 2021, at 09:00 Korea Standard Time. Is New 90 Day High Low • Feb 17
New 90-day high: ₩4,910 The company is up 73% from its price of ₩2,835 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 19% over the same period. Is New 90 Day High Low • Jan 06
New 90-day high: ₩4,010 The company is up 48% from its price of ₩2,705 on 08 October 2020. The South Korean market is up 24% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 78% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: ₩3,570 The company is up 46% from its price of ₩2,440 on 22 September 2020. The South Korean market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 60% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: ₩2,305 The company is down 13% from its price of ₩2,660 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 Shipping industry, which is up 28% over the same period.