Best Bristle비비씨

Best Bristle is profitable on a trailing basis with a low valuation, but its share price has fallen sharply over the past year.

Best Bristle makes bristle and filter materials, healthcare products and fashion goods, and reported trailing twelve-month revenue of ₩55.1B with net income of ₩10.0B through H1 2026. Revenue fell 14.9% in 2025 but has recovered on a trailing basis, and the balance sheet looks modest, with borrowings of ₩5.8B against cash of ₩10.7B. The shares closed at ₩5,760, down 36% over one year and near the lower half of their 52-week range.

What stands out

• Trailing net income of ₩10.0B is well above trailing operating income of ₩7.1B, so the filings show a large non-operating or one-off contribution that is not explained in the data.
• Trailing operating margin is 12.9%, up from 12.0% in 2025 and 9.4% in 2024.
• Valuation metrics are low: P/E 3.2, P/B 0.4 and a 6.9% dividend yield, while the internal DCF base value is ₩19,479 versus the ₩5,760 close.
• Foreign ownership is small at 2.5%, and over the last 20 days foreign and institutional investors were net sellers while retail investors were net buyers.
• Recent filings include a cash dividend decision, a corporate value-up plan in April 2026 and a half-year report in August 2026, but no news headlines are included in the data.

What to watch

• The next quarterly or annual filings, to confirm whether the gap between operating income and net income persists.
• Whether the dividend and value-up plan are followed through, given the dividend yield is cited as 6.9%.
• The data shows no news coverage and no analyst ratings, so the reasons for the 36% one-year share price decline are not explained in the data.