Dongil Metal동일금속

Dongil Metal is a small Korean parts maker with thin margins, a low valuation and weak recent share performance.

Dongil Metal makes undercarriage parts for cranes and excavators, with exports mainly to the US and Japan. On trailing twelve-month figures to H1 2026 it reports revenue of about ₩104.6B and operating income of about ₩4.0B, a 3.8% operating margin. The shares closed at ₩7,140 on 2026-10-26, down 9.3% over one year, and trade at about 0.4 times book value.

What stands out

• Trailing revenue is about ₩104.6B, but 2025 revenue was ₩91.7B and 2024 operating margin was only 0.7%, so profitability has been volatile.
• 2025 net income of ₩5.0B was well above operating income of ₩1.4B, which suggests non-operating items affected the bottom line; the data does not explain the source.
• The valuation shows P/E of 13.1, P/B of 0.4 and a 4.5% dividend yield, with market cap of about ₩62.1B.
• The internal DCF fair value model gives a base of ₩4,318, below the current price, with a bear of ₩1,388 and a bull of ₩9,966; this is a model output, not a forecast.
• Foreign ownership is 0%, and 20-day flows show retail net selling of about ₩8.9B offset by institutional and foreign buying.

What to watch

• Next quarterly and annual results, to see whether operating margin recovers from the 3.8% trailing level.
• A September 2026 notice flagged the company as a concern-designation candidate over trading volume shortfall; any follow-up decision matters for the stock.
• Recent filings include a share cancellation decision and a liquidity provision agreement; the data does not include news headlines on the company.