Grand Korea LeisureGKL

GKL's profit is solid on a trailing basis, but the share price has fallen about half over the past year.

GKL runs three foreign-only casinos in Seoul and Busan and reported trailing twelve-month revenue of ₩443B with net income of ₩47B through H1 2026. The shares closed at ₩8,020 on 2026-10-29, near the 52-week low of ₩7,990 and down 50% over one year. The data shows a company with healthy margins and a low valuation, but it does not explain the sharp share price decline.

What stands out

• Trailing operating margin is 12.5% and net margin is 10.6%, versus 9.7% operating margin in 2024 and 12.4% in 2025.
• 2025 revenue rose 6.7% to ₩423B after being flat in 2024, and net income reached ₩47B, close to the 2023 level.
• Valuation metrics are low: P/E 10.5, P/B 1.1 and a 5.2% dividend yield, while the DCF base fair value is ₩11,799, above the current price.
• Foreign ownership fell from 13% to 11.1% over the last 60 days, and 20-day flows show net foreign and institutional selling offset by retail buying.
• Recent headlines are mostly corporate and community news, including a community award and AI technology exchanges; none of them address the share price fall.

What to watch

• Upcoming full-year results and any further preliminary earnings filings, which the filing list shows have been frequent in 2026.
• Follow-up on the August new facility investment filing and the cash dividend record date, since the data does not give the investment amount or dividend size.
• The data does not name specific risks behind the share price decline, so check later filings and news for any regulatory or demand developments.