Handsome한섬

Handsome's trailing profits are thin and the share price has fallen over the past three months, though it is still up over a year.

Handsome is a Korean apparel company selling its own brands and imported foreign labels through department stores, outlets, its own stores and online malls. On trailing figures to H1 2026 it booked about ₩1.5T of revenue, a 4.6% operating margin and a 3.6% net margin, with a share price of ₩18,600 that is well below its 52-week high of ₩28,750. The data does not include analyst ratings or price targets.

What stands out

• Revenue has been roughly flat, at ₩1.49T in 2025 versus ₩1.49T in 2024, and grew 0.4% in 2025 after a 2.8% decline in 2024.
• Operating margin has fallen from 10.9% in 2022 to 3.5% in 2025 and 4.6% on trailing figures, and ROE is 3.9%.
• The DCF fair value model gives a base value of ₩49,284 against the ₩18,600 close, with a bear of ₩22,774 and a bull of ₩98,948; these are model outputs, not forecasts.
• Balance sheet looks modest: liabilities are 18.1% of equity, cash is ₩57B against borrowings of ₩111B, and trailing free cash flow is ₩177B.
• Valuation is low on the data shown (P/E 7.1, P/B 0.3) and the company pays no dividend. Foreign ownership eased from 24.2% to 23.2% over 60 days, while retail investors were net sellers over the past 20 days.
• Filings in late October 2026 include a treasury stock acquisition report, a share cancellation decision and its amendment, and largest-shareholder holding changes. No recent news headlines are in the data.

What to watch

• Upcoming full-year 2026 results and whether margins recover from the trailing 4.6% operating level.
• Details of the share cancellation decision and the amended filing, and any further largest-shareholder holding changes.
• Share price remains well below the 52-week high and down 9.7% over three months; the data does not explain the drivers.