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Sam-A Aluminium Co., Ltd. (006110) AI Stock Analysis

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KR:006110

Sam-A Aluminium Co., Ltd.

(Korea Exchange:006110)

Select Model
Rating:44Neutral
Price Target:KRW 60,431.00â–²(3.83% Upside)
Action:initiatedcoverage
Date:10/28/26

The score is held down primarily by weak financial performance: ongoing losses, rising leverage, and especially negative operating and free cash flow that elevate funding risk. Technicals are mixed with near-term weakness but some longer-term support, while valuation is constrained by loss-making earnings despite a supportive dividend yield.

Positive Factors
Revenue ReboundThe strong revenue rebound indicates that Sam-A Aluminium continues to access demand across its downstream markets despite current earnings pressure. Sustained top-line activity can provide operating scale and a base for recovery if margins improve, supporting future business continuity.
Negative Factors
Persistent LossesPersistent losses and negative operating profit show that recent revenue growth is not converting into earnings. Very thin gross margin also suggests limited pricing power or continuing cost pressure, making a durable recovery dependent on meaningful operational improvement.

Sam-A Aluminium Co., Ltd. (006110) vs. SPDR S&P 500 ETF (SPY)

-50%0%50%100%150%200%250%300%KR:006110+137.30%SPY+11.79%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
KRW 880.19B
Dividend Yield
0.04%
Average Volume (3M)
222.33K
Price to Earnings (P/E)
-38.2
Beta (1Y)
0.50
Revenue Growth
19.31%
EPS Growth
-34.75%
Country
KR
Employees
383
Sector
General
Sector Strength
55
Industry
Aluminum

Sam-A Aluminium Co., Ltd. Business Overview & Revenue Model

Company Description

SAM-A ALUMINIUM Co., Ltd. engages in the manufacture and sale of rolled, drawn, and folded aluminum products. It operates through Rolling, Processing, and Electronic Parts business divisions. The Rolling business division provides aluminum foil for p...

Sam-A Aluminium Co., Ltd. Financial Statement Overview

Summary

Despite a strong revenue rebound, profitability has deteriorated sharply: TTM shows net losses, negative operating profit, and very thin gross margin. The balance sheet is weakening with leverage rising to about 1.0x debt-to-equity and materially negative ROE. Cash generation is the biggest red flag, with negative operating cash flow and deeply negative free cash flow in TTM, increasing reliance on external funding.

Income Statement

34Negative

Balance Sheet

46Neutral

Cash Flow

24Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue302.31B271.46B251.73B268.02B312.06B252.97B
Gross Profit6.02B39.83M9.32B18.49B38.57B30.53B
EBITDA1.09B-1.56B10.94B14.92B33.60B26.99B
Net Income-22.55B-24.89B-9.36B3.41B17.21B12.15B
Balance Sheet
Total Assets531.55B452.04B436.16B404.30B288.15B227.24B
Cash, Cash Equivalents and Short-Term Investments1.68B3.00B35.35B60.69B1.78B4.78B
Total Debt234.80B198.16B140.98B113.00B100.66B63.77B
Total Liabilities309.99B234.10B192.55B149.31B150.21B105.21B
Stockholders Equity221.56B217.94B243.61B254.99B137.94B122.03B
Cash Flow
Free Cash Flow-70.02B-85.73B-48.44B-64.27B-37.44B7.20B
Operating Cash Flow-33.52B-4.97B5.19B13.80B-13.03B15.83B
Investing Cash Flow-35.98B-57.08B-77.69B-79.02B-24.21B-7.76B
Financing Cash Flow67.97B53.30B23.03B124.43B34.26B-5.65B

Sam-A Aluminium Co., Ltd. Technical Analysis

Technical Analysis SentimentNeutral
Last Price58200.00

Price Trends

50DMA64269.00Negative
100DMA53530.50Positive
200DMA49874.50Positive

Market Momentum

MACD-235.27Positive
RSI42.95Neutral
STOCH13.20Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:006110, the sentiment is Neutral. The current price of 58200.00 is below the 20-day moving average (MA) of 68885.00, below the 50-day MA of 64269.00, and above the 200-day MA of 49874.50, indicating a neutral trend. The MACD of -235.27 indicates Positive momentum. The RSI at 42.95 is Neutral, neither overbought nor oversold. The STOCH value of 13.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for KR:006110.

Sam-A Aluminium Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

KR:006110 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
KR:001780KR:00178052NeutralKRW 145.34B7.37――-16.86%88.99%
KR:018470KR:01847052NeutralKRW 124.61B6.86――8.38%44.21%
KR:006110KR:00611044NeutralKRW 880.19B-38.18―0.04%19.31%-34.75%
KR:003030KR:00303042NeutralKRW 384.65B-3.30―1.89%5.33%-378.28%
KR:069460KR:06946042NeutralKRW 46.27B-5.31――27.32%-565.80%

* General Sector Average

Performance Comparison

0%100%200%KR:006110KR:001780KR:003030KR:018470KR:069460KR:077360Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
KR:006110 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
KR:006110Sam-A Aluminium Co., Ltd.58200.0033774.50138.28%
KR:001780Aluko Co., Ltd.1501.00-549.00-26.78%
KR:003030SeAH Steel Holdings Corporation95200.00-43946.14-31.58%
KR:018470Choil Aluminum Co., Ltd4920.00-1645.00-25.06%
KR:069460Daeho Al Co., Ltd.2660.00-6695.00-71.57%
KR:077360Duksan Hi-Metal Co., Ltd.9320.002850.0044.05%
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