Duyuru • Mar 13
ALMAC Co., Ltd., Annual General Meeting, Mar 26, 2026 ALMAC Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: auditorium, 754, changwon-daero, seongsan-gu, gyeongsangnam-do, changwon South Korea New Risk • Jan 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 9.7% 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 Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ₩26,650, the stock trades at a trailing P/E ratio of 71.9x. Average forward P/E is 5x in the Auto Components industry in South Korea. Negligible returns to shareholders over past year. Duyuru • Oct 01
ALMAC Co., Ltd. (KOSDAQ:A354320) agreed to acquire remaining 31.11% stake in AR Aiuminum Co., Ltd for KRW 11.4 billion. ALMAC Co., Ltd. (KOSDAQ:A354320) agreed to acquire remaining 31.11% stake in AR Aiuminum Co., Ltd for KRW 11.4 billion on September 30, 2025.
For the period ending December 31, 2024, AR Aiuminum Co., Ltd reported total revenue of KRW 88.56 billion and net loss of KRW 4.59 billion. As of December 31, 2024, AR Aiuminum Co., Ltd reported total debt of KRW 84.5 billion and total assets of KRW 101.75 billion.
The expected completion of the transaction is September 30, 2025. New Risk • Sep 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩139.3b (US$99.6m) 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. This is currently the only risk that has been identified for the company. New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩142.2b (US$97.1m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (₩142.2b market cap, or US$97.1m). Reported Earnings • Mar 21
Full year 2024 earnings released: EPS: ₩102 (vs ₩1,216 loss in FY 2023) Full year 2024 results: EPS: ₩102 (up from ₩1,216 loss in FY 2023). Revenue: ₩156.9b (down 27% from FY 2023). Net income: ₩655.0m (up ₩7.43b from FY 2023). Profit margin: 0.4% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Duyuru • Mar 13
ALMAC Co., Ltd., Annual General Meeting, Mar 26, 2025 ALMAC Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: auditorium, 148, gongdan-ro, seongsan-gu, gyeongsangnam-do, changwon South Korea New Risk • Feb 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 14% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (0.2% net profit margin). New Risk • Dec 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 14% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (0.2% net profit margin). New Risk • Dec 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩137.1b (US$95.7m) 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: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (₩137.1b market cap, or US$95.7m). New Risk • Nov 23
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: 0.2% Last year net profit margin: 0.6% 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 Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (0.2% net profit margin). Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₩31,900, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 6x in the Auto Components industry in South Korea. Total loss to shareholders of 56% over the past year. Buy Or Sell Opportunity • May 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.1% to ₩43,300. The fair value is estimated to be ₩54,311, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Mar 28
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.9% to ₩42,200. The fair value is estimated to be ₩54,266, however this is not to be taken as a buy recommendation but rather should be used as a guide only. New Risk • Sep 01
New minor risk - Financial data availability Less than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risk Less than 3 years of financial data is available. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩78,500, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 8x in the Auto Components industry in South Korea. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩87,200, the stock trades at a trailing P/E ratio of 54.6x. Average trailing P/E is 9x in the Auto Components industry in South Korea.