| Grade | Now | 3M | 6M |
|---|---|---|---|
| Valuation 0.45x parent equity of 57.5tn won, but ~16x annualised H1 operating profit on enterprise value of about 50tn | B- | — | — |
| Profitability H1 operating margin 4.11% (FY2025 2.64%); gross margin 8.55%, up 77bp YoY | C+ | — | — |
| Financial Health Net debt 24.06tn won, up 2.61tn in six months; that is 92.6% of market cap and ~7.9x annualised operating profit | C+ | — | — |
| Growth H1 revenue +6.1% after two years of decline; operating profit +29.8%; Q2 revenue +7.7% QoQ | B | — | — |
| Cash Conversion H1 operating cash flow 709bn won on 1.30tn of profit; free cash flow negative in 2023, 2024, 2025 and H1 2026 | D+ | — | — |
| Symbol | Last Price |
|---|---|
| 004020Hyundai Steel | ₩31,500 -0.5% |
| 001430SeAH Besteel Holdings Corporation | ₩42,350 +4.8% |
| 100090SK oceanplant Co., Ltd. | ₩13,860 +7.4% |
| 014620Sung Kwang Bend Co., Ltd. | ₩30,850 +1.5% |
| 023160T. K. Corporation | ₩26,150 +1.4% |
| 058650Seah Holdings Corp. | ₩133,600 -0.4% |
| 016380KG Dongbusteel | ₩5,590 +0.0% |
| 009520POSCO M-tech Co., Ltd. | ₩12,650 +1.2% |
| 460860Dongkuk Steel Mill Co., Ltd. | ₩10,510 -1.5% |
| 002240Kiswire Co., Ltd. | ₩17,220 +0.1% |