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Korea Cast Iron Pipe Ind. Co., Ltd. (KR:000970)
:000970
South Korea Market
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Korea Cast Iron Pipe Ind. Co., Ltd. (000970) AI Stock Analysis

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KR:000970

Korea Cast Iron Pipe Ind. Co., Ltd.

(000970)

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Neutral 68 (OpenAI - Gpt-5.6Sol)
Rating:68Neutral
Price Target:
₩6,878.00
Action:N/A
Date:10/28/26
The score is driven primarily by solid financial strength (very low leverage) and attractive valuation (low P/E and high dividend yield). These positives are moderated by weakening cash-flow trends and very weak technical momentum, with the stock trading below major moving averages and showing strong recent downside pressure.
Positive Factors
Very low leverage
Extremely 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.
Negative Factors
Falling free cash flow
The 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.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Extremely 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.
Read all positive factors

Korea Cast Iron Pipe Ind. Co., Ltd. (000970) vs. SPDR S&P 500 ETF (SPY)

Korea Cast Iron Pipe Ind. Co., Ltd. Business Overview & Revenue Model

Company Description
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 fi...

Korea Cast Iron Pipe Ind. Co., Ltd. Financial Statement Overview

Summary
Financials are mixed: revenue rebounded sharply in TTM (+46.2%), and the balance sheet is a major strength with extremely low leverage (debt-to-equity ~0.03). Offsetting this, profitability remains only moderate (gross margin ~18.2%, net margin ~4.2%) versus the much stronger 2021 peak, and free cash flow weakened notably (TTM FCF down ~59% YoY) with poorer cash conversion (~65% of net income).
Income Statement
67
Positive
Balance Sheet
88
Very Positive
Cash Flow
58
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue409.26B406.62B419.42B456.33B484.29B510.19B
Gross Profit74.41B73.12B76.60B77.72B67.00B103.56B
EBITDA22.30B13.30B27.28B31.41B21.22B57.33B
Net Income17.04B16.97B13.65B16.96B12.02B65.72B
Balance Sheet
Total Assets441.08B435.62B429.71B434.11B424.61B423.09B
Cash, Cash Equivalents and Short-Term Investments122.24B132.10B116.49B113.72B104.86B82.78B
Total Debt9.41B3.25B3.60B4.14B3.83B2.49B
Total Liabilities75.65B70.34B73.72B74.56B73.95B76.19B
Stockholders Equity361.69B361.79B352.66B350.72B342.29B338.86B
Cash Flow
Free Cash Flow11.10B22.98B19.74B20.94B29.39B24.46B
Operating Cash Flow17.10B27.33B24.33B25.43B33.44B29.72B
Investing Cash Flow-11.35B-19.32B-11.03B-15.26B-6.90B-2.99B
Financing Cash Flow-5.23B-10.64B-20.28B-10.59B-10.68B-7.17B

Korea Cast Iron Pipe Ind. Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price―
Price Trends
50DMA
6596.20
Negative
100DMA
6590.40
Negative
200DMA
6731.10
Negative
Market Momentum
MACD
-69.15
Positive
RSI
24.44
Positive
STOCH
12.19
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:000970, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 6470.50, equal to the 50-day MA of 6596.20, and equal to the 200-day MA of 6731.10, indicating a bearish trend. The MACD of -69.15 indicates Positive momentum. The RSI at 24.44 is Positive, neither overbought nor oversold. The STOCH value of 12.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:000970.

Korea Cast Iron Pipe Ind. Co., Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
₩143.90B4.08―2.98%13.19%44.47%
68
Neutral
₩135.52B7.96―6.35%-1.02%20.49%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
46
Neutral
₩27.83B-58.20―2.07%-13.76%-150.35%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
KR:000970
Korea Cast Iron Pipe Ind. Co., Ltd.
6,300.00
-36.86
-0.58%
KR:012210
Sammi Metal Products Co., Ltd.
8,640.00
-1,380.00
-13.77%
KR:015230
DAECHANG Forging Co., Ltd
6,050.00
-595.80
-8.97%
KR:024800
Yoosung T & S Co., Ltd.
4,050.00
1,755.00
76.47%
KR:025890
Hankook Steel Co., Ltd.
2,535.00
673.00
36.14%
KR:460850
DONGKUK COATED METAL Co., Ltd.
4,920.00
-100.10
-1.99%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 28, 2026