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Jvmco · 054950 · Machinery

Jvmco: Steady 20% operating margins, shares down 25.0% over a year and trading near book value

Why this report

Start of coverage: written when a reader opened this company and there was no report yet.

Jvmco is a KOSDAQ machinery company with a market value of ₩273.8B, trailing operating margin of 20.5% and a share price down 25.0% over one year. A model estimate based on the assumptions shown sits well above the current price, but it depends on sustained earnings.

Written Oct 22, 2026 · Data as of Oct 21, 2026 · 0 views

This is not financial advice. The report does not recommend buying or selling anything.

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Thesis

The data supports a profitable, low-leverage company whose earnings have grown since 2021. Revenue rose from ₩115.8B in 2021 to ₩173.1B in 2025, and operating margin rose from 10.8% to 19.2%. Trailing figures to H1 2026 show revenue of ₩177.6B and a 20.5% operating margin.

The share price has not followed this. It is 31.1% below its 52-week high of ₩32,900 and down 25.0% over a year, while the trailing P/E of 8.9 and P/B of 1.1 are low against the company's own history. Revenue growth slowed to 1.5% in 2024 and ROE has eased from 15.5% in 2023 to 13.8% on a trailing basis. The data does not explain the share price decline, and no news headlines are available.

Business overview

Jvmco (제이브이엠) is a machinery company listed on KOSDAQ since June 2006 and founded in 1977. It has 12,089,892 listed shares and a market capitalisation of ₩273.8B. The data gives no description of products or customers, so this report limits itself to the numbers. Revenue grew in each year shown, with growth of 22.6% in 2022, 10.6% in 2023, 1.5% in 2024 and 8.6% in 2025.

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Model estimate of fair value

Bear
₩35,647
+54%
Base
₩49,065
+112%
Bull
₩70,963
+207%

Model estimate based on the assumptions shown. Not a price target and not a buy or sell signal.

Base case of the 5-year discounted cash flow model on the stock's Valuation tab (statements TTM to H1 2026; discount rate 7.5%). Bear and Bull move the main assumptions by fixed steps. See and change the assumptions

Filings and data used

Report history

  1. Oct 30, 2026Update noteEarningsJvmco Q3 2026 preliminary results: operating profit up 30.4% year on year
  2. Oct 22, 2026InitiationStart of coverage (reader request)Jvmco: Steady 20% operating margins, shares down 25.0% over a year and trading near book value

Built only from jonbur's own data: prices and investor flows, filed financial statements and filings, and news headlines. Disclosed (filed) data is labelled as such. Written by AI and may contain mistakes.

This is not financial advice. The report does not recommend buying or selling anything.

Source: KRX statistical information