Ksign케이사인

Ksign's trailing profit has held up better than its revenue, but the stock is still down sharply over the past year.

Ksign, a Korean information security software maker, reported trailing twelve-month revenue of ₩46.7B and net income of ₩5.3B through H1 2026, with a net margin of 11.4%. The share price closed at ₩8,140 on 2026-10-23, up 15% over three months but down 33.1% over one year and well below its 52-week high of ₩16,000. Revenue fell 6.7% in 2025 after rising in 2024, while the company's own cash of ₩10.8B sits against borrowings of ₩63.4B.

What stands out

• Trailing operating margin is 12.2%, well above the 6% recorded for full-year 2025, though revenue in 2025 was ₩48.4B versus ₩51.9B in 2024.
• Borrowings of ₩63.4B are high relative to cash of ₩10.8B, and liabilities are 63.1% of equity; the data does not explain the debt purpose or repayment terms.
• Trailing free cash flow is ₩1.2B, a small figure relative to net income of ₩5.3B.
• Valuation metrics show a P/E of 10.8 and P/B of 0.7, but ROE is only 6% on a trailing basis and the company pays no dividend.
• Foreign ownership fell from 4.4% to 2.9% over about 60 days, and foreign investors were net sellers over the last 20 days while retail investors were net buyers.
• Recent filings include a corporate value-up plan (April 2026), a cash dividend amendment, a shareholders' meeting notice and a half-year report; the data contains no news headlines.

What to watch

• The shareholders' meeting called in September 2026 and its agenda, as detailed in the filing notice dated 2026-10-13.
• The next quarterly or annual results, to see whether margins hold and whether revenue returns to growth.
• The level of borrowings relative to cash and free cash flow, which the data does not explain further.