DY Power디와이파워

DY Power's trailing profits are steady, but the shares have fallen 17.6% over the past year and trade near the bottom of their 52-week range.

DY Power, a Korea-based maker of hydraulic cylinders and fluid-power components for construction equipment, forklifts and aerial work platforms, reported trailing twelve-month revenue of ₩400.6B and operating income of ₩35.1B as of H1 2026. Revenue has been roughly flat to down over 2021 to 2025, and the company reports low leverage with more cash (₩67.7B) than borrowings (₩11.1B). The share price is ₩10,570, close to its 52-week low of ₩9,910 and well below its high of ₩16,390.

What stands out

• Trailing operating margin is 8.8% and net margin is 8.0%, up from 6.6% and 6.4% in 2024 and 2022 respectively, though below the 9.6% seen in 2021.
• Annual revenue fell from ₩437.2B in 2021 to ₩382.8B in 2025, so top-line growth has been weak over the period.
• Valuation metrics are low: P/E of 3.6, P/B of 0.3 and a reported dividend yield of 4.7%, while the DCF-based base fair value in the data is ₩39,456.
• The data says most sales go to export markets, with operations in Korea, China and India.
• Recent filings are mainly shareholder-holding disclosures and the H1 2026 half-year report; the news list is empty, so no press coverage is included.

What to watch

• The next filings on changes in the largest shareholder's holdings, which appear frequently in the recent filing list.
• Full-year 2026 results, since the TTM figures only run to H1 2026 and the data does not include forecasts.
• Foreign ownership has slipped from 13.1% to 12.9% over 60 days, and 20-day flows show net foreign and institutional selling, which may matter for the share price.