HPSPHPSP
403870 · KOSDAQ · ₩403870 · HPSP
Broker reports
Calculated by JONBUR from publicly available broker reports. Reports belong to their publishers. Not financial advice. Includes brokers that publish research publicly; some brokers' reports are client-only and not included.
Reported in the news
| Date | Broker | Target | Change | Rating | Source |
|---|---|---|---|---|---|
| Oct 19 | — | +15% | Raised | — | Reported by Asia Economy |
Target prices and ratings as news headlines report them, for every broker, including the ones whose reports we don't collect. Only what the headline says; open the article for the rest. Not financial advice.
AI summary of public information
An AI summary of the public information on this company: filed financial statements, filings, prices and news headlines. It doesn't use broker reports; their targets and estimates are shown above.
HPSP remains very profitable on filed numbers, but its share price has fallen 19% over the past month after a volatile year.
HPSP makes high pressure hydrogen annealing equipment for chipmakers, with most sales exported. On trailing twelve-month figures to H1 2026 it reported revenue of ₩162.8B, operating income of ₩87.0B and a 53.4% operating margin, with cash of ₩67.8B and no borrowings listed. Revenue fell 4.7% in 2025 after growth in 2023 and 2024, and the stock closed at ₩44,900 on 26 October 2026, well below its 52-week high of ₩92,000.
What stands out
- Profitability is high: the trailing operating margin of 53.4% and net margin of 52.7% are well above the 2025 levels of 52.0% and 42.0%.
- Annual revenue slipped from ₩181.4B in 2024 to ₩173.0B in 2025, and net income fell from ₩86.3B to ₩72.7B.
- Valuation is high against the company's own history and peers: P/E of 43.1 and P/B of 11.8, with a dividend yield of 1.1%.
- The in-house DCF fair value is ₩13,282 (bear ₩9,924, bull ₩18,409), far below the current price of ₩44,900.
- Recent filings include a change of CEO, a treasury share sale decision and several insider shareholding reports; a news item from 19 October reports a target price raise of 15%, which is a press report, not a forecast from this summary.
What to watch
- Upcoming results and whether revenue growth returns after the 2025 decline.
- Follow-up on the treasury share sale and the new CEO's plans, as named in the filings.
- Foreign ownership (33%, up from 31.9% sixty days ago) and the sharp swing in retail and institutional flows over the past 20 days.
Data as of Oct 26, 2026 · written 4d ago
This is not financial advice.
Also known as: HPSP / 403870 / KRX:403870
Source: KRX statistical information