Soosan Cebotics수산세보틱스

Soosan Cebotics posted solid first-half 2026 profit on a trailing basis, but its share price has fallen over the past year and sits far below its 52-week high.

The company, a Korean maker of construction equipment such as hydraulic breakers, drills and truck cranes, reported trailing twelve-month revenue of ₩244.9B and net income of ₩18.5B to H1 2026, with an operating margin of 8%. Shares closed at ₩1,731 on 23 October 2026, giving a market value of about ₩108.0B and valuation multiples (P/E 5.8, P/B 0.5) that are low against the peer group in the data. Free cash flow was negative at about -₩16.2B on a trailing basis.

What stands out

• Revenue rose 15.9% in 2025 to ₩229.4B after a 12.6% drop in 2024, and operating margin improved to 8.3% from 6.1%.
• Trailing free cash flow is negative at about -₩16.2B, while the company holds ₩21.1B of cash against ₩52.0B of borrowings.
• Liabilities to equity is 41.6%, and ROE is 9.4% on a trailing basis.
• The shares are down 3.6% over one year and 4.9% over one month, though up 7.2% over three months, and trade well below the ₩4,045 52-week high.
• The data gives a DCF-based fair value model with a base case of ₩2,150, a bear case of ₩839 and a bull case of ₩4,629; these are model outputs, not forecasts. Foreign ownership rose from 1.8% to 2.3% over 60 days.
• Recent filings include a change of representative director on 23 October 2026, a half-year report for June 2026 and a loan extension decision in May 2026.

What to watch

• The change of representative director announced on 23 October 2026 and any follow-up on management direction; the data does not give details.
• Cash flow and borrowings, given negative trailing free cash flow and ₩52.0B of debt against ₩21.1B of cash.
• The data includes no recent news headlines and no upcoming earnings date, so the next scheduled results are not confirmed in the data.