Oricom오리콤

Oricom's earnings have slipped from their 2022 peak, but the shares trade at a low multiple of recent profit.

Oricom is a Korean advertising and magazine publisher whose trailing revenue to H1 2026 was about ₩225.9B with net income of ₩7.8B. Profit has fallen steadily since 2022, while revenue has held roughly flat around ₩215B to ₩228B. At ₩4,885 the stock sits well below its 52-week high of ₩6,910, and the data shows a 5.5% dividend yield.

What stands out

• Trailing operating margin is 4.4% and net margin is 3.5%, down from 7.5% operating margin in 2022.
• Trailing P/E is 7.5 and P/B is 0.4, below peers such as Cheil Worldwide (P/E 10.2) and S-1 (P/E 24.1).
• The shares are down 19% over one year but up 1.5% over three months.
• Cash of ₩88.1B is reported with no borrowings listed, and liabilities to equity is 82.6%.
• The data shows a fair value model range of ₩13,709 to ₩36,113 with a base case of ₩21,983, but this is a model output and not a forecast.

What to watch

• The next quarterly results and whether margins recover from the trailing 4.4% level.
• Whether the dividend yield of 5.5% is maintained, as the data does not show a payout schedule.
• Recent filings show a corporate value-up plan from April 2026, but the data does not include its details or targets.