TipRanks
Korea Cast Iron Pipe Ind. Co., Ltd. (KR:000970)
:000970
South Korea Market
Want to see KR:000970 full AI Analyst Report?

Korea Cast Iron Pipe Ind. Co., Ltd. (000970) Price & Analysis

― Followers

000970 Stock Chart & Stats

₩6300.00
₩0.00(0.00%)
―
--

Bulls Say, Bears Say

Bulls Say
Very Low LeverageExtremely low leverage reduces interest burden and financial distress risk, giving the company substantial flexibility through infrastructure cycles. A strong equity base also supports continued operations and investment without relying heavily on external borrowing or refinancing.
Revenue RecoveryThe sharp TTM revenue rebound indicates that demand for the company’s infrastructure products can recover meaningfully after weaker periods. Improving sales provide a stronger base for production utilization, operating leverage, and sustained earnings generation over the next several quarters.
Positive Cash GenerationDespite recent volatility, the company remains meaningfully cash generative, with operating cash flow and free cash flow both positive. This supports financial resilience, ongoing capital needs, and shareholder distributions while reducing dependence on debt or outside financing.
Bears Say
Falling Free Cash FlowThe sharp decline in free cash flow shows that accounting earnings are translating less efficiently into cash. Weaker conversion may constrain reinvestment and distributions, while leaving the company more exposed to working-capital demands or elevated investment requirements.
Moderate Normalized MarginsCurrent profitability is steady but materially below the unusually strong 2021 level, indicating more modest normalized earnings power. Lower margins reduce the buffer available to absorb volume or pricing pressure and make long-term returns more dependent on maintaining demand.
History Of Declining SalesSeveral consecutive years of declining sales before the latest rebound indicate that demand has not been consistently durable. This history suggests earnings remain sensitive to infrastructure activity and volume cycles, increasing uncertainty around the persistence of the recent recovery.

000970 FAQ

What was Korea Cast Iron Pipe Ind. Co., Ltd.’s price range in the past 12 months?
Korea Cast Iron Pipe Ind. Co., Ltd. lowest stock price was ₩6130.00 and its highest was ₩7880.00 in the past 12 months.
    What is Korea Cast Iron Pipe Ind. Co., Ltd.’s market cap?
    Korea Cast Iron Pipe Ind. Co., Ltd.’s market cap is ₩135.52B.
      When is Korea Cast Iron Pipe Ind. Co., Ltd.’s upcoming earnings report date?
      Korea Cast Iron Pipe Ind. Co., Ltd.’s upcoming earnings report date is Nov 13, 2026 which is in 14 days.
        How were Korea Cast Iron Pipe Ind. Co., Ltd.’s earnings last quarter?
        Korea Cast Iron Pipe Ind. Co., Ltd. released its earnings results on Aug 14, 2026. The company reported ₩272.338 earnings per share for the quarter.
          Is Korea Cast Iron Pipe Ind. Co., Ltd. overvalued?
          According to Wall Street analysts Korea Cast Iron Pipe Ind. Co., Ltd.’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Korea Cast Iron Pipe Ind. Co., Ltd. pay dividends?
            Korea Cast Iron Pipe Ind. Co., Ltd. pays a Annually dividend of ₩400 which represents an annual dividend yield of 6.35%. See more information on Korea Cast Iron Pipe Ind. Co., Ltd. dividends here
              What is Korea Cast Iron Pipe Ind. Co., Ltd.’s EPS estimate?
              Korea Cast Iron Pipe Ind. Co., Ltd.’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Korea Cast Iron Pipe Ind. Co., Ltd. have?
              Korea Cast Iron Pipe Ind. Co., Ltd. has 22,800,500 shares outstanding.
                What happened to Korea Cast Iron Pipe Ind. Co., Ltd.’s price movement after its last earnings report?
                Korea Cast Iron Pipe Ind. Co., Ltd. reported an EPS of ₩272.338 in its last earnings report. Following the earnings report the stock price went up 2.115%.
                  Which hedge fund is a major shareholder of Korea Cast Iron Pipe Ind. Co., Ltd.?
                  Currently, no hedge funds are holding shares in KR:000970
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Korea Cast Iron Pipe Ind. Co., Ltd.

                    This South Korean company specializes in the global production and distribution of various piping solutions. Its product portfolio encompasses ductile cast iron pipes, coated steel pipes specifically designed for water utilities, essential pipe fittings, and diverse general casting components for the automotive industry. Originally established as The Korea Machine Casting Manufacturing Co., Ltd., the firm adopted its current corporate identity, Korea Cast Iron Pipe Ind. Co., Ltd., in February 1962. Founded in 1953, the company maintains its primary operational base in Busan, South Korea.

                    Korea Cast Iron Pipe Ind. Co., Ltd. (000970) Earnings & Revenues

                    Similar Stocks
                    Company
                    Price & Change
                    Follow
                    Sammi Metal Products Co., Ltd.
                    ―
                    ―
                    DAECHANG Forging Co., Ltd
                    ―
                    ―
                    Yoosung T & S Co., Ltd.
                    ―
                    ―
                    Hankook Steel Co., Ltd.
                    ―
                    ―
                    DONGKUK COATED METAL Co., Ltd.
                    ―
                    ―
                    Popular Stocks