SNT MotivSNT모티브

SNT Motiv's shares have fallen sharply over the past year, though H1 2026 profit remains positive and the stock trades at a low valuation.

SNT Motiv makes EV and hybrid drive components for global automakers, with a defense business and a semiconductor equipment parts unit. Trailing twelve-month revenue is about ₩996B with operating income near ₩100B, but free cash flow is negative at about -₩27B. The share price is ₩24,050, down 29.6% over one year and near its 52-week low of ₩23,500.

What stands out

• Trailing revenue of ₩996B is roughly flat against 2025's ₩1.01T, after 2024 fell 14.7%.
• Operating margin is about 10.1% on a trailing basis, similar to the 10.2% recorded for 2025.
• Net income fell from ₩104B in 2024 to ₩70B in 2025, while trailing net income is ₩83B.
• Valuation metrics are low: P/E 6.9, P/B 0.6, with a 7.1% dividend yield shown in the data.
• Filings and news in Sept–Oct 2026 cover a merger decision, a share cancellation decision, a ₩24.8B acquisition of SMAC shares raising its stake to 29.2%, and a defense product showcase at an overseas security expo.

What to watch

• The company's discounted cash flow model gives a base value of ₩64,390, bear ₩43,842 and bull ₩99,542, but these are model outputs, not forecasts, and the data does not show any analyst targets.
• Trailing free cash flow is negative at about -₩27B; watch whether this persists in upcoming results.
• Follow-up on the merger, share cancellation and SMAC stake filings, as their terms and effects are not detailed in the data.