Buy Or Sell Opportunity • May 22
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 9.2% to ₩5,000. The fair value is estimated to be ₩4,115, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 42%. Buy Or Sell Opportunity • Apr 28
Now 34% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to ₩5,420. The fair value is estimated to be ₩4,044, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 48%. Duyuru • Feb 13
Samhyun Steel Co., Ltd., Annual General Meeting, Mar 19, 2026 Samhyun Steel Co., Ltd., Annual General Meeting, Mar 19, 2026, at 08:30 Tokyo Standard Time. Location: conference room, 36, pyeongsan-ro 70beon-gil, uichang-gu, gyeongsangnam-do, changwon South Korea Upcoming Dividend • Dec 22
Upcoming dividend of ₩300 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Trailing yield: 6.3%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Nov 20
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₩53.1b (up 17% from 3Q 2024). Net income: ₩1.36b (up 11% from 3Q 2024). Profit margin: 2.6% (down from 2.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Buy Or Sell Opportunity • Apr 01
Now 20% overvalued Over the last 90 days, the stock has fallen 3.8% to ₩4,305. The fair value is estimated to be ₩3,581, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 56%. Reported Earnings • Mar 06
Full year 2024 earnings released: EPS: ₩357 (vs ₩674 in FY 2023) Full year 2024 results: EPS: ₩357 (down from ₩674 in FY 2023). Revenue: ₩223.7b (down 15% from FY 2023). Net income: ₩5.51b (down 47% from FY 2023). Profit margin: 2.5% (down from 4.0% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Duyuru • Feb 14
Samhyun Steel Co., Ltd., Annual General Meeting, Mar 19, 2025 Samhyun Steel Co., Ltd., Annual General Meeting, Mar 19, 2025, at 08:30 Tokyo Standard Time. Location: conference room, 36, pyeongsan-ro 70beon-gil, uichang-gu, gyeongsangnam-do, changwon South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩300 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 01 April 2025. Trailing yield: 6.3%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (2.9%). New Risk • May 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: 2.0% Last year net profit margin: 4.8% 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 (2.0% net profit margin). Market cap is less than US$100m (₩80.1b market cap, or US$58.8m). Buy Or Sell Opportunity • Apr 12
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 2.6% to ₩4,990. The fair value is estimated to be ₩4,151, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 7.3%. Buy Or Sell Opportunity • Mar 28
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at ₩5,140. The fair value is estimated to be ₩4,263, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 7.3%. Buy Or Sell Opportunity • Mar 07
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at ₩5,250. The fair value is estimated to be ₩4,302, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 7.3%. Buy Or Sell Opportunity • Jan 19
Now 20% overvalued Over the last 90 days, the stock has fallen 4.3% to ₩4,825. The fair value is estimated to be ₩4,008, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 7.2%. Upcoming Dividend • Dec 20
Upcoming dividend of ₩300 per share at 5.9% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 28 March 2024. Trailing yield: 5.9%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.7%). Upcoming Dividend • Dec 21
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 29 March 2023. Trailing yield: 8.3%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (4.4%). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Buying Opportunity • Oct 11
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be ₩6,068, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 58%. Buying Opportunity • Sep 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.5%. The fair value is estimated to be ₩6,613, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 58%. Buying Opportunity • Sep 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be ₩6,557, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 58%. Buying Opportunity • Jun 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be ₩6,796, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 61%. Upcoming Dividend • Jun 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 12 August 2022. Trailing yield: 7.1%. Within top quartile of South Korean dividend payers (3.2%). Higher than average of industry peers (4.7%). Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩5,770, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 6x in the Metals and Mining industry in South Korea. Total returns to shareholders of 41% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ₩1,644 (up from ₩500 in FY 2020). Revenue: ₩322.1b (up 43% from FY 2020). Net income: ₩25.4b (up 229% from FY 2020). Profit margin: 7.9% (up from 3.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 16% share price gain to ₩6,470, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 7x in the Metals and Mining industry in South Korea. Total returns to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment improved over the past week After last week's 40% share price gain to ₩7,800, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 26x in the Metals and Mining industry in South Korea. Total returns to shareholders of 35% over the past three years. Is New 90 Day High Low • Feb 22
New 90-day high: ₩4,590 The company is up 12% from its price of ₩4,085 on 24 November 2020. The South Korean market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is up 11% over the same period. Duyuru • Feb 20
Samhyun Steel Co., Ltd., Annual General Meeting, Mar 24, 2021 Samhyun Steel Co., Ltd., Annual General Meeting, Mar 24, 2021, at 08:30 Korea Standard Time. Is New 90 Day High Low • Nov 20
New 90-day high: ₩3,975 The company is up 15% from its price of ₩3,450 on 21 August 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 11% over the same period. Is New 90 Day High Low • Oct 08
New 90-day high: ₩3,900 The company is up 14% from its price of ₩3,430 on 10 July 2020. The South Korean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 7.0% over the same period.