BITComputer비트컴퓨터

BIT Computer's profits held up through H1 2026 while revenue and the share price have softened.

BIT Computer is a Korean healthcare IT provider with a net cash-style balance sheet: trailing twelve-month revenue is about ₩38.6B, operating income about ₩6.4B and net income about ₩7.8B, with borrowings not reported. The share price closed at ₩3,955 on 19 October 2026, down 15.6% over one year and sitting in the lower part of its 52-week range of ₩3,410 to ₩5,920. The company's own DCF model gives a base value of ₩5,262, but that is a model output, not a forecast or a recommendation.

What stands out

• Revenue fell 2.9% in 2025 after 10.8% growth in 2024, and the trailing figures show revenue of about ₩38.6B at H1 2026.
• Operating margin was 16.6% on a trailing basis, down from 18.0% in 2024, while net income exceeded operating income, which the data does not explain.
• Valuation looks modest on the given data: P/E 8.5, P/B 0.9, EV/EBITDA 8.1 and a 1.7% dividend yield, compared with peers such as Krafton (P/E 11.1) and PearlAbyss (P/E 7.9).
• Filings in recent months are mainly shareholder and governance items: share buyback decisions, treasury stock results, insider holdings reports and a 5%+ holding report, plus an amended sales contract filing on 23 July 2026.
• Foreign ownership dropped from 4.9% to 4.2% over about 60 days, and 20-day flows were net foreign and retail selling with institutional buying.

What to watch

• Next half-year or annual results, to see whether revenue returns to growth and margins hold near 16–17%.
• Progress of the ongoing share buyback programme and any further treasury stock filings.
• The news feed is empty in this data, so company-specific developments beyond the filing titles are not visible here.