Elentec이랜텍

Elentec's trailing profits are positive, but the shares are down sharply over the past year and free cash flow is negative.

Elentec makes battery packs, phone cases and chargers, mainly for Samsung Electronics and Samsung SDI, and also supplies appliance parts and e-cigarette devices to KT&G. On trailing twelve months to H1 2026 it reported revenue of ₩926B, operating income of ₩61B and net income of ₩52B, well above its 2024 result. The stock closed at ₩6,050 on 2026-10-22, roughly 27% below its one-year-ago level and well off its 52-week high of ₩14,490.

What stands out

• Trailing revenue of ₩926B is well above 2025's ₩753B, and operating margin of 6.6% compares with 5.7% for 2025.
• Trailing free cash flow is negative at about -₩7.7B, even though cash of ₩90B exceeds borrowings of ₩3.4B.
• Liabilities are 128.7% of equity, and trailing ROE is 16.9%.
• Institutions were net sellers over the last 20 days (about -₩2.5B), while retail investors were net buyers (about ₩1.9B); foreign holding rose slightly to 7.1%.
• The filings list includes a 5%+ holding report and an amended half-year report, but the news list is empty, so no recent press coverage is provided.

What to watch

• The amended half-year report and the cause of the amendments, since the filing list shows two amendments.
• Whether free cash flow turns positive in the next reported period, given the trailing negative figure.
• The DCF fair value range in the data is ₩7,606 to ₩31,201 with a base of ₩16,124; the data does not explain the assumptions, and the valuation is not a forecast.