Samwonsteel삼원강재

Samwonsteel is a small auto-parts steel maker trading near its 52-week low, with thin margins but a high dividend yield in the data.

Samwonsteel makes spring steel and suspension-related steel parts for vehicles, selling at home and abroad. Trailing results to H1 2026 show revenue of about ₩353.8B... wait, correct unit: ₩353.8B is shown as ₩353.8B in won terms, with operating margin of 3.1% and net margin of 3.7%. The share price of ₩2,065 sits just above its 52-week low of ₩2,050 and well below its high of ₩2,530.

What stands out

• Trailing revenue is about ₩353.8B, but operating income has fallen from ₩16.5B in 2023 to ₩9.9B in 2025, and trailing operating income is about ₩10.9B.
• Trailing net income (about ₩13.2B) is above operating income, so non-operating items matter to the bottom line.
• The stock trades at about 6.2x earnings and 0.3x book value, with a stated dividend yield of 5.3%, and a fair-value model gives a base of ₩3,416, a bear of ₩1,196 and a bull of ₩7,577.
• Foreign ownership is small at 0.8%, up slightly from 0.7% sixty days earlier, and short balance is 0%.
• Recent filings include a value-up plan, a change in largest shareholder's holdings, a 5%+ holding report and the H1 2026 half-year report; no recent news headlines were provided.

What to watch

• Next quarterly results and whether operating margin recovers from about 3%.
• Whether the dividend level is maintained, since the yield figure depends on the current price.
• The wide range in the fair-value model (bear ₩1,196 to bull ₩7,577) reflects high uncertainty; the data does not name specific risks beyond margins and filings.