Sempio Foods: Earnings Recovery Meets a Share Price Near Its 52-Week Low

Thesis

The data supports an earnings recovery. Operating income rose from ₩6.5B in 2024 to ₩24.5B in 2025, and trailing twelve-month operating income to H1 2026 is ₩27.2B, a 6.6% margin. Valuation multiples are low against the company's own history and against the listed peers shown. Revenue growth has been slow, though, at 1.0% in 2025, so the profit gain came from margins rather than sales. The share price has fallen despite the better profits, and the data does not explain why. No news headlines are available. Foreign ownership slipped from 7.6% to 6.6% over 60 days, while 20-day flows were small. A share cancellation decision was filed on 2026-09-15, but the data gives no size or terms.

Business overview

Sempio Foods is a Food & Beverage company listed on the KOSPI since 2016-08-09, with 4,566,596 listed shares and a market value of about ₩96.6B. Revenue has grown every year shown, from ₩348.7B in 2021 to ₩408.9B in 2025, and trailing revenue to H1 2026 is ₩413.6B. Operating margin has moved between 1.6% and 6.7% over this period, which shows earnings that swing more than sales do. The data does not describe products or segments.

Model estimate of fair value

Bear

₩16,415

-22%

Base

₩45,275

+115%

Bull

₩97,093

+360%

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

• Amended: Half-year report (Jun 2026)Oct 1, 2026
• Share cancellation decisionSep 15, 2026
• Added attachment: Half-year report (Jun 2026)Aug 14, 2026
• Insider shareholding reportJul 8, 2026
• Insider shareholding reportJul 8, 2026
• Disclosure of Corporate Governance ReportMay 29, 2026
• Quarterly report (Mar 2026)May 15, 2026
• Amended: Annual report (Dec 2025)May 15, 2026
• Annual general meeting resultsMar 23, 2026
• Audit report submittedMar 13, 2026
• Annual report (Dec 2025)Mar 13, 2026
• Amended: Notice of shareholders' meetingMar 13, 2026
• Daily prices up to 2026-10-22
• Financial statements, trailing 12 months as of H1 2026
• Our fair value model, statements as of TTM to H1 2026

Report history

1. Oct 30, 2026Update noteM&A / restructuringSempio Foods Files Merger Decision; Terms Not Available
2. Oct 23, 2026InitiationStart of coverage (reader request)Sempio Foods: Earnings Recovery Meets a Share Price Near Its 52-Week Low