Hyundai HT현대에이치티

Hyundai HT's revenue and operating profit have shrunk sharply, with trailing operating margin near break-even at 0.6%.

Hyundai HT, a Korean smart home and home-security company, reported trailing twelve-month revenue of ₩141.4B to H1 2026, down from ₩153.3B in 2025 and ₩168.9B in 2024. Trailing operating income is only ₩0.8B, and free cash flow is negative at -₩4.4B, while the shares trade at ₩7,610 with a market value of about ₩65.6B. The data does not explain the reasons for the decline.

What stands out

• Trailing net income of ₩4.2B is far above operating income of ₩0.8B, which suggests non-operating items. The data does not say what they are.
• Annual operating income fell from ₩11.1B in 2024 to ₩7.0B in 2025, and 2023 was a loss of ₩0.8B.
• The balance sheet shows cash of ₩8.5B against borrowings of ₩12.9B, and liabilities are 45.3% of equity.
• The stock is down 10.9% over one month but up 19.3% over three months, and sits well below its 52-week high of ₩12,450.
• Foreign ownership fell from 3.8% to 2.8% over about 60 days, and foreign investors were net sellers over the last 20 days. A 5%+ holding report was filed on 24 August 2026, but its contents are not in the data.

What to watch

• The next quarterly results, to see whether revenue and operating profit recover from the trailing levels, which the data does not date.
• Whether free cash flow turns positive, given the negative trailing figure and ₩12.9B in borrowings.
• The stated dividend yield of 5.9% and the value-up plan from March 2026, neither of which the data explains in detail. The fair value model's range is very wide (₩505 to ₩16,302), so it is not a reliable guide.