Hyundai Futurenet현대퓨처넷

Hyundai Futurenet is a small, low-margin telecom services firm with a sharp 2025 revenue rise but thin profits and a share price well below its DCF base value.

On trailing twelve months to H1 2026, the company reported revenue of ₩277B, operating income of ₩9.1B and net income of ₩9.2B, giving a 3.3% operating margin and 1.3% ROE. Its balance sheet looks light, with liabilities at 5.7% of equity, ₩29.4B in cash and ₩6B in borrowings. The share price closed at ₩3,310 on 2026-10-13, within its 52-week range of ₩2,770 to ₩3,750.

What stands out

• Revenue grew 22.6% in 2025 to ₩265B, but operating income fell to ₩6.3B from ₩6.9B in 2024, and the operating margin slipped to 2.4%.
• Trailing net income of ₩9.2B is above operating income, and 2025 net income of ₩7.5B also exceeded operating income, so the reported profit may depend on non-operating items the data does not break down.
• Trailing P/E is 39.3 versus peers such as KT at 9.7 and LG Uplus at 11.7, while P/B of 0.5 is near the low end of the peer range.
• The fair value model gives a base of ₩2,587, a bear of ₩1,227 and a bull of ₩4,910 at a 7.6% discount rate; these are model outputs, not forecasts.
• Recent filings include the H1 2026 half-year report, preliminary consolidated earnings, a share buyback decision and a corporate value-up plan, but no news headlines are included in the data.

What to watch

• The full year 2026 results and the outcome of the announced share buyback, which the data does not detail.
• Whether operating margin recovers from 3.3% trailing, since the data shows it has fallen from 6.2% in 2022.
• Foreign ownership and short-selling figures are not in the data, so investor flow trends cannot be assessed from this pack.