Sempio Foods샘표식품

Sempio Foods shows a profitable first half of 2026 on trailing numbers, but its shares have fallen sharply over the past year.

Sempio Foods, a Korean maker of fermented seasonings, soy sauce, doenjang and gochujang, reports trailing revenue of ₩413.6B and operating income of ₩27.2B for the twelve months to H1 2026. Its share price of ₩21,000 sits near the bottom of its 52-week range and is down 24.6% over one year. The data gives no news headlines, so the recent moves are not explained here.

What stands out

• Trailing operating margin is 6.6%, up from 1.6% in 2024 and 6.0% in 2025, while revenue has grown modestly each year.
• Net income of ₩17.8B on trailing figures is below 2025's ₩19.9B, so profit has not kept pace with the stronger operating result.
• Balance sheet is moderate: borrowings of ₩48.6B against cash of ₩24.7B, with liabilities at 40.9% of equity.
• Trailing free cash flow of ₩36.8B is well above net income, and the dividend yield is about 1%.
• Price-based multiples are low, with P/E around 5.4 and P/B around 0.3, while the DCF model's base value is ₩45,725, well above the current price; the model's bear case is ₩16,530.
• Foreign ownership fell from 7.7% to 6.5% over 60 days, and foreign investors were net buyers over the last 20 days while retail investors were net sellers.

What to watch

• The amended half-year report (Jun 2026) and the share cancellation decision filed in September, which may affect the share count and per-share figures.
• Next quarterly results, to see whether the improved operating margin holds against the lower net income trend.
• Insider shareholding filings and any further changes in foreign ownership; the data does not name specific business risks beyond the financials.