Cuckoo Homesys쿠쿠홈시스

Cuckoo Homesys is profitable and cheap on paper, with trailing earnings down from 2021 and the share price below its 52-week midpoint.

Cuckoo Homesys, a Korean maker of home appliances and rental-related products listed on KOSPI, reported trailing twelve-month revenue of ₩1.15T and operating income of ₩180B to H1 2026, with a 15.7% operating margin. Revenue has grown in 2024 and 2025 but net income has fallen from ₩152B in 2021 to ₩141B on a trailing basis, and the stock closed at ₩22,450 on 2026-10-23, roughly 6.5% lower over one month and 8.7% lower over one year. The company profile is not included in the data, so the business description is limited to the financial figures and filing titles.

What stands out

• Trailing revenue of ₩1.15T and net margin of 12.3% sit against 2025 revenue of ₩1.12T and net income of ₩120B, showing a modest recovery in trailing profit.
• Cash of ₩119B against borrowings of ₩38B, with liabilities at 23.3% of equity, points to a conservative balance sheet in the filed figures.
• The market values the company at ₩504B, a P/E of 3.6 and P/B of 0.4, with a 5.3% dividend yield; the model's base-case fair value is ₩109,845, far above the current price, but this is a model output rather than a forecast.
• Foreign ownership rose from 9.4% to 9.9% over about 60 days, while retail investors were net sellers of about ₩2.2B over the past 20 days.
• A recent news report says Coway lost a lawsuit against Cuckoo Homesys over alleged design copying, though the data does not describe the financial effect.

What to watch

• The half-year report for June 2026 was filed on 2026-08-14; the next quarterly or annual filings and any change in the trailing margin trend will show whether 2021-level profitability returns or further decline continues.
• Possible appeal or further developments in the Coway design-copying dispute, which the data does not quantify.
• The data shows a DCF bear case of ₩69,074 and a bull case of ₩177,480, so the wide range depends heavily on the assumed 7.4% discount rate and future cash flows.