Buy Or Sell Opportunity • 4h
Now 25% overvalued Over the last 90 days, the stock has fallen 6.6% to ₩5,760. The fair value is estimated to be ₩4,624, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 20%. Buy Or Sell Opportunity • Apr 22
Now 22% overvalued Over the last 90 days, the stock has fallen 14% to ₩5,930. The fair value is estimated to be ₩4,864, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 20%. Tillkännagivande • Mar 17
M2I Corporation, Annual General Meeting, Mar 30, 2026 M2I Corporation, Annual General Meeting, Mar 30, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 11-35, simin-daero 327beon-gil, dongan-gu, gyeonggi-do, anyang South Korea New Risk • Feb 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (₩105.2b market cap, or US$73.0m). Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩7,380, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 4.0% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩220 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Trailing yield: 3.5%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.9%). Tillkännagivande • Dec 04
M2I Corporation announced that it has received KRW 5.29333578 billion in funding On December 3, 2025, M2I Corporation closed the transaction. Tillkännagivande • Nov 26
M2I Corporation announced that it expects to receive KRW 5.29333578 billion in funding from Shinhan Asset Management Co., Ltd. and other investors. M2I Corporation announced a private placement to issue Unregistered unsecured private exchangeable bonds for the proceeds of KRW 5,293,335,780 on November 25, 2025. Transaction involves participation of Shinhan-Time Premier Mezzanine New Technology Fund for KRW 1,000,000,000, GVA M2-0 General Private Investment Trust (Differential) for KRW 503,335,780, GVA Coven-1 General Private Investment Trust for KRW 450,000,000, GVA Coven-0 General Private Investment Trust for KRW 1,340,000,000 coolective managed by G.A. Asset Management Co., Ltd. and Shinhan TheCredit3 Private Equity Securities Investment Trust managed by Shinhan Asset Management Co., Ltd. for KRW 2,000,000,000. The bonds bear 0% interest and 0% yield to maturity rate. Bonds matures on December 03, 2030 and conversion price is KRW 7,220. Transaction is approved by board of directors and is expected to close by December 03, 2025. Securities are restricted for 1 year from closing. Tillkännagivande • Nov 07
M2I Corporation announces Annual dividend, payable on April 15, 2026 M2I Corporation announced Annual dividend of KRW 220.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Tillkännagivande • 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. Buy Or Sell Opportunity • Sep 01
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 6.2% to ₩6,300. The fair value is estimated to be ₩4,979, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 20%. Tillkännagivande • Mar 15
M2I Corporation, Annual General Meeting, Mar 28, 2025 M2I Corporation, Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 11-35, simin-daero 327beon-gil, dongan-gu, gyeonggi-do, anyang South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩220 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 15 April 2025. Trailing yield: 4.2%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%). Buy Or Sell Opportunity • Aug 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to ₩6,450. The fair value is estimated to be ₩8,100, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has declined by 13%. Buy Or Sell Opportunity • Aug 02
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to ₩6,360. The fair value is estimated to be ₩8,115, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has declined by 13%. Tillkännagivande • Jul 24
M2I Corporation (KOSDAQ:A347890) announces an Equity Buyback for KRW 3,000 million worth of its shares. M2I Corporation (KOSDAQ:A347890) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares according to the contract with Korea Investment & Securities Co., Ltd. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on January 24, 2025. As of July 23, 2024, the company had 276,276 treasury stock holdings within the available dividend range acquisition and no shares available under other acquisitions. Upcoming Dividend • Dec 20
Inaugural dividend of ₩250 per share Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. This is the first dividend for M2I since going public. The average dividend yield among industry peers is 0.9%. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩114 (vs ₩163 in 3Q 2022) Third quarter 2023 results: EPS: ₩114 (down from ₩163 in 3Q 2022). Revenue: ₩9.41b (down 14% from 3Q 2022). Net income: ₩1.90b (down 31% from 3Q 2022). Profit margin: 20% (down from 25% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year. New Risk • Oct 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩132.7b (US$98.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 12% over the past year. Minor Risk Market cap is less than US$100m (₩132.7b market cap, or US$98.3m). Tillkännagivande • Jun 13
M2I Corporation (KOSDAQ:A347890) announces an Equity Buyback for KRW 3,000 million worth of its shares. M2I Corporation (KOSDAQ:A347890) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares according to the contract with Korea Investment & Securities Co., Ltd. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on June 12, 2023. As of December 12, 2023, the company had no treasury stock holdings within the available dividend range acquisition and no shares available under other acquisitions. Tillkännagivande • May 10
PTA Equity Partners, and Nautic Investment completed the acquisition of 57.545842% stake in M2I Corporation (KOSDAQ:A347890) from COMES 2018-1 M&A Fund, managed by Comes Investment Co., Ltd. PTA Equity Partners, and Nautic Investment signed a contract to acquire 57.545842% stake in M2I Corporation (KOSDAQ:A347890) from COMES 2018-1 M&A Fund, managed by Comes Investment Co., Ltd, for approximately KRW 130 billion on October 31, 2022. As per the update on February 22, 2023, the offer price has been revised to KRW 13,221. The transaction is expected to close on March 31, 2023. As of March 30, 2023, the transaction is expected to close on May 9, 2023.PTA Equity Partners, and Nautic Investment completed the acquisition of 57.545842% stake in M2I Corporation (KOSDAQ:A347890) from COMES 2018-1 M&A Fund, managed by Comes Investment Co., Ltd on May 9, 2023. Upcoming Dividend • Dec 21
Inaugural dividend of ₩250 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. This is the first dividend for M2I since going public. The average dividend yield among industry peers is 1.0%. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: ₩163 (vs ₩137 in 3Q 2021) Third quarter 2022 results: EPS: ₩163 (up from ₩137 in 3Q 2021). Revenue: ₩11.0b (up 12% from 3Q 2021). Net income: ₩2.75b (up 19% from 3Q 2021). Profit margin: 25% (up from 24% in 3Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: ₩163 (vs ₩137 in 3Q 2021) Third quarter 2022 results: EPS: ₩163 (up from ₩137 in 3Q 2021). Revenue: ₩11.0b (up 12% from 3Q 2021). Net income: ₩2.75b (up 19% from 3Q 2021). Profit margin: 25% (up from 24% in 3Q 2021). The increase in margin was driven by higher revenue. Buying Opportunity • Oct 21
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 4.6%. The fair value is estimated to be ₩10,330, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last year, while earnings per share has been flat. Buying Opportunity • Sep 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.0%. The fair value is estimated to be ₩10,928, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last year, while earnings per share has been flat. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improved over the past week After last week's 15% share price gain to ₩9,940, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total returns to shareholders of 2.2% over the past year. Buying Opportunity • Jun 13
Now 21% undervalued Over the last 90 days, the stock is up 8.7%. The fair value is estimated to be ₩12,176, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 7.4%. Upcoming Dividend • Dec 22
Inaugural dividend of ₩500 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. The company is not currently making a profit and its cash payout ratio is 77%. This is the first dividend for M2I since going public. The average dividend yield among industry peers is 0.4%. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 22% share price gain to ₩12,550, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total returns to shareholders of 57% over the past year. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improved over the past week After last week's 26% share price gain to ₩22,450, the stock is trading at a trailing P/E ratio of 29.8x, up from the previous P/E ratio of 23.7x. This compares to an average P/E of 28x in the Electronic industry in South Korea. Is New 90 Day High Low • Feb 17
New 90-day high: ₩22,450 The company is up 35% from its price of ₩16,650 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 43% over the same period. Is New 90 Day High Low • Jan 25
New 90-day high: ₩19,450 The company is up 29% from its price of ₩15,050 on 27 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 58% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: ₩18,750 The company is up 23% from its price of ₩15,300 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: ₩17,300 The company is up 5.0% from its price of ₩16,450 on 18 September 2020. The South Korean market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 14% over the same period. Tillkännagivande • Jul 31
M2I Corporation has completed an IPO in the amount of KRW 52.026 billion. M2I Corporation has completed an IPO in the amount of KRW 52.026 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 3,335,000
Price\Range: KRW 15600
Discount Per Security: KRW 472.5
Transaction Features: ESOP Related Offering 
