HDC Hyundai Engineering PlasticsHDC현대EP

HDC Hyundai Engineering Plastics shows thin margins and a shrinking share price, with a dividend yield of 4.3% and no recent news coverage in the data.

The company makes plastic materials for automotive, electronics, pipes and construction, with roughly 56% of sales domestic and 44% exported. Trailing twelve-month revenue is about ₩1.04T with operating income of ₩45B and net income of ₩32B for the period to H1 2026. The shares closed at ₩3,680 on 2026-10-23, down 7.5% over one year and near the lower half of their 52-week range of ₩3,400 to ₩6,600.

What stands out

• Trailing operating margin is 4.4% and net margin is 3.1%, with 2025 operating margin at 5.0%, the best of the years shown.
• Free cash flow over the trailing period is negative at about -₩27B, while cash of ₩46B exceeds borrowings of ₩6.4B.
• Liabilities are about 101% of equity, and the company's own DCF base value is ₩13,478, well above the share price, though the bear case is ₩4,974.
• Valuation metrics are low: P/E 3.6, P/B 0.3, dividend yield 4.3%, against peers such as LG Chem (P/B 0.5) and Hanwha Solutions (P/B 0.7).
• Foreign ownership is 3.2%, up slightly from 3.1% sixty days earlier, and recent 20-day flows show retail net selling of about ₩219M.

What to watch

• An advance earnings notice was filed on 2026-10-23, so full results for the period will be the next key data point; the data does not include their content.
• A debt guarantee for another party was decided on 2026-10-19; the size and terms are not in the data and could affect the balance sheet.
• The data includes no news headlines and no analyst coverage, so the outlook beyond the filings is not described.