Pan Ocean maintains 'hold' despite strong freight rates… concerns over vessel oversupply - KB
Predicted impact: Low
Broker keeps hold rating; oversupply concern is general commentary, no new company event.
Pan Ocean팬오션
028670 · KOSPI · ₩028670 · 팬오션
₩5,850▼ ₩150 (2.50%)End-of-day · Oct 27, 2026 · End-of-day prices.
Price · 1Y +51.75%
- Market cap
- ₩3.1T
- Enterprise value
- ₩7T
- P/E
- 9.2×
- P/B
- 0.5×
- Dividend yield
- 2.6%
- ROE
- 5.4%
- Net margin
- 5.5%
Trailing 12 months from filed financial statements, as of H1 2026. Dividend yield: the 2025 dividend per share from the annual report ÷ today's price.
52-week range−25.3% from the high
₩3,600Today: ₩5,830 – ₩6,080₩7,830
Returns
- 1W−9.3%
- 1M+4.5%
- 3M+15.6%
- 6M+4.8%
- YTD+51.9%
- 1Y+51.8%
- Volume today
- 3,311,316
- 0.6× the 20-day average
- Traded today
- ₩20B
- Listed shares
- 534,569,512
- EPS (12 months)
- ₩633
- Earnings yield 10.8%
AI research · InitiationPan Ocean: Shares Up 79.7% in a Year as Earnings Stay Steady and Multiples Remain Below Book Value PeersThe data shows a profitable company with steady margins around 9% to 10% and strong free cash flow, trading at 0.5 times book value, below the two peers with data.Read the full report →
Upcoming dates
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Send a friend ₩100,000 of paper money in this stock. They get it when they join.
Signals
Quiet- BuzzQuietBuzz 35 of 100 (50 is a normal day for this stock).
- SentimentMixedNews: Strong freight rates are positive, but the vessel oversupply concern is negative, so the tone is mixed. Community: 0 bullish, 0 bearish posts this week.
- MomentumFlat1% over the last month; the price is below its 20-day average.
- News impactLow6 news items and filings in two weeks; 0 rated high impact, 0 medium.
- StreetSteady1 brokers, average target 45% from the price; last 30 days: 0 raised, 0 cut.
Signals describe activity, not recommendations. Not financial advice.
Leveraged ETF flows
Estimated leveraged-ETF rebalance on Oct 27: buy ₩578M at the close (1.6% of 20-day average trading value)
On its 23 biggest days of the last 60 (moves of 3%+), the estimated pressure averaged 2.6% of trading value and pointed the same way 13 of 23 times.
- 2× KODEX Leverage ₩315M
- -2× KODEX 200 Futures Inverse 2X ₩149M
- -1× KODEX Inverse ₩54M
- 2× TIGER Leverage ₩19M
- 2× TIGER 200IT Leverage ₩19M
Mostly via futures: index funds hedge with KOSPI 200 / KOSDAQ 150 futures, spread here over the index's largest members by market value.
Final after the close. An intraday "if the close were now" estimate needs real-time prices, which we don't have yet.
Estimate based on ETF size and daily moves; actual trades may differ.
ETFs holding this
All ETFs →Held by 32 funds.
- KODEX 2000.1%
- TIGER 2000.1%
- KODEX 200TR0.1%
- KODEX Leverage2×0.1%
- RISE 2000.1%
- KIWOOM 200TR0.1%
- ACE 2000.1%
- PLUS 2000.1%
Estimated from the funds' index or underlying stock.
Futures and options
All stock futures →Futures (2026-11): 5,890
Basis +0.68% · implied rate +15.5%
Open interest 69,955 contracts
Futures and options can lose more than you put in. Figures describe the market; they are not predictions or recommendations. Paper trading only.
Pan Ocean stock overview
Pan Ocean (팬오션, KRX: 028670) is listed on KOSPI, in the Transport & Logistics sector. Pan Ocean is a South Korean shipping company that earns revenue mainly from bulk cargo transport, with bulk cargo such as iron ore, coal and grain as its core business. Its shares closed at ₩5,850 on Oct 27, 2026, down 2.50% on the day, giving it a market value of ₩3.1T.
Key facts
- Market cap
- ₩3.1T
- Sector
- Transport & Logistics
- Latest price change
- −2.50%
- As of
- Oct 27, 2026
- Main business
- Pan Ocean is a South Korean shipping company that earns revenue mainly from bulk cargo transport, with bulk cargo such as iron ore, coal and grain as its core business.
Quick answers about Pan Ocean
- What does Pan Ocean do?
- Pan Ocean is a South Korean shipping company that earns revenue mainly from bulk cargo transport, with bulk cargo such as iron ore, coal and grain as its core business. It also provides container, tanker and LNG shipping services, operates a grain business, and offers ship management services through its subsidiaries. Its main customers include Vale, POSCO, Hyundai Glovis, Suzano and several Korean power generation companies, and it serves cargo across Asia, South America, Oceania, North America, Africa and Europe.
- What is the market cap of Pan Ocean?
- The market capitalisation of Pan Ocean was ₩3.1T at the close on Oct 27, 2026.
- What is the analyst target price for Pan Ocean?
- The average target price of 1 broker covering Pan Ocean is ₩8,500 (range ₩8,500 to ₩8,500), 45.3% above versus the latest price, based on each broker's latest public report within six months.
- Who are the largest shareholders of Pan Ocean?
- According to the latest official filings, the largest reported holders are Harim Holdings (54.91%, as of Oct 15, 2026); National Pension Service (10.20%, as of Oct 20, 2026); Kopernik Global All-Cap Fund (0.98%, as of Jul 31, 2026).
- When is the next earnings report from Pan Ocean?
- Korean companies rarely announce results dates in advance. Based on when Pan Ocean filed the same report in past years, its next 3q results is expected between Nov 10, 2026 and Nov 12, 2026.
- Does the National Pension Service own Pan Ocean?
- Yes. The National Pension Service held 8.61% of Pan Ocean shares as of Apr 1, 2026.
Company profile
Pan Ocean is a South Korean shipping company that earns revenue mainly from bulk cargo transport, with bulk cargo such as iron ore, coal and grain as its core business. It also provides container, tanker and LNG shipping services, operates a grain business, and offers ship management services through its subsidiaries. Its main customers include Vale, POSCO, Hyundai Glovis, Suzano and several Korean power generation companies, and it serves cargo across Asia, South America, Oceania, North America, Africa and Europe.
Written by AI from the company's latest annual report.
- Korean name
- 팬오션
- Sector
- Transport & Logistics
- Themes
- Shipping & logistics
- Business group
- Harim
- CEO
- 김홍국, 안중호(각자 대표이사)
- Founded
- May 1966
- Listed
- Sep 2007
- Listed shares
- 534,569,512
- Fiscal year ends
- Month 12
- Website
- www.panocean.com
Similar companies
- HMM011200 · ₩21T₩22,400−0.67%
- Hyundai Glovis086280 · ₩14T₩180,400+2.38%
- CJ Logistics000120 · ₩1.5T₩64,000−0.16%
- Korea Line005880 · ₩598B₩1,854+0.38%
- Heung-A Shipping003280 · ₩406B₩1,688+0.36%
- Chunil Express000650 · ₩300B₩210,000−2.78%
- Korea Airport Service005430 · ₩266B₩84,000+1.94%
- KSS Line044450 · ₩265B₩11,750+0.26%
Recent news
[Obituary] Mother of Jang Seok-gak, Head of Large Sunken Vessel Sales at Pan Ocean, Passed Away
Predicted impact: Low· Actual: −3.4% vs sector, volume 0.9× normal (5 trading days)
Family bereavement notice for an executive; no business or financial impact.
Earning $100,000 a Day in a Jackpot; Pan Ocean Shakes Off Bulk Shipper Label
Predicted impact: Low· Actual: −8.3% vs sector, volume 2.0× normal (5 trading days)
Feature article on a shipper's business model; no hard numbers or new corporate action.
Recent filings
See all- Major sales or supply contractOct 22, 2026
- Insider shareholding reportOct 20, 2026
- 5%+ holding reportOct 15, 2026
- Major sales or supply contractOct 1, 2026
- Major sales or supply contractSep 28, 2026
Titles in Korean until English translations are added.
Also known as: Pan Ocean / 팬오션 / 028670 / KRX:028670
Source: KRX statistical information