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GMB KOREA Corp. (KR:013870)
:013870
South Korea Market
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GMB KOREA Corp. (013870) AI Stock Analysis

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KR:013870

GMB KOREA Corp.

(013870)

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Neutral 64 (OpenAI - Gpt-5.6Sol)
Rating:64Neutral
Price Target:
₩3,772.00
Action:N/A
Date:10/28/26
The score is primarily supported by strong valuation (very low P/E and high dividend yield) and improving fundamentals in the latest period, but it is held back by weak technicals (price below all key moving averages and bearish MACD) and the key fundamental risk of historically inconsistent free cash flow despite the recent TTM rebound.
Positive Factors
Revenue expansion
Sustained revenue expansion indicates broader demand for GMB KOREA’s automotive components across its customer base. Continued top-line growth can improve operating leverage, support investment in product capacity, and strengthen the company’s position within the automotive supply chain over the coming quarters.
Negative Factors
Low overall margins
Modest net and EBIT margins leave limited room for earnings to absorb input-cost pressure, pricing competition, or weaker vehicle production. Even with revenue growth, small changes in operating performance could materially affect profits and reduce the cash available for reinvestment.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue expansion
Sustained revenue expansion indicates broader demand for GMB KOREA’s automotive components across its customer base. Continued top-line growth can improve operating leverage, support investment in product capacity, and strengthen the company’s position within the automotive supply chain over the coming quarters.
Read all positive factors

GMB KOREA Corp. (013870) vs. SPDR S&P 500 ETF (SPY)

GMB KOREA Corp. Business Overview & Revenue Model

Company Description
GMB KOREA Corp. is a global manufacturer and distributor of diverse automotive parts, serving markets both within South Korea and internationally. The company's extensive product portfolio encompasses key engine components, including water pumps, ...

GMB KOREA Corp. Financial Statement Overview

Summary
Income statement strength is supported by strong revenue expansion and improved TTM profitability, with gross margin improving (about 14% in 2021 to ~16.7% TTM). However, overall profitability remains modest (TTM net margin ~2.6%, EBIT margin ~3.5%). Balance sheet leverage is moderate (TTM debt-to-equity ~0.74) with improving but mid-tier ROE (~7.3% TTM). Cash flow is the main risk: TTM free cash flow is solidly positive (~35B), but multi-year free cash flow volatility and multiple negative years indicate inconsistent cash conversion.
Income Statement
72
Positive
Balance Sheet
66
Positive
Cash Flow
58
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue823.68B787.27B726.71B690.91B610.51B531.33B
Gross Profit137.90B128.29B116.05B105.56B86.26B73.35B
EBITDA61.94B55.36B58.82B51.85B48.52B44.37B
Net Income21.37B14.54B15.37B11.52B11.84B9.75B
Balance Sheet
Total Assets719.77B681.90B630.54B579.06B550.82B522.46B
Cash, Cash Equivalents and Short-Term Investments32.48B26.82B25.45B23.83B24.86B16.12B
Total Debt226.67B227.62B198.83B184.55B169.68B170.42B
Total Liabilities403.51B381.23B345.03B309.49B282.99B273.76B
Stockholders Equity304.61B290.02B273.76B260.05B258.76B239.72B
Cash Flow
Free Cash Flow34.94B-24.45B-9.05B-12.35B13.51B-20.87B
Operating Cash Flow62.41B7.10B41.47B20.85B36.78B4.83B
Investing Cash Flow-25.99B-25.26B-53.86B-33.85B-19.86B-29.06B
Financing Cash Flow-43.13B20.02B6.09B9.80B-4.90B12.36B

GMB KOREA Corp. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price―
Price Trends
50DMA
3801.20
Negative
100DMA
3825.15
Negative
200DMA
4293.12
Negative
Market Momentum
MACD
-71.20
Positive
RSI
28.67
Positive
STOCH
32.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:013870, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 3697.75, equal to the 50-day MA of 3801.20, and equal to the 200-day MA of 4293.12, indicating a bearish trend. The MACD of -71.20 indicates Positive momentum. The RSI at 28.67 is Positive, neither overbought nor oversold. The STOCH value of 32.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:013870.

GMB KOREA Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
₩2.21T5.85―5.55%10.27%26.15%
73
Outperform
₩482.20B5.13―1.09%15.44%2.90%
69
Neutral
₩517.64B6.97―7.35%0.60%-2.90%
64
Neutral
₩67.33B3.15―7.08%11.17%84.50%
60
Neutral
₩429.55B3.99―3.41%1.70%29.50%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
₩1.81T9.42―1.94%3.50%826.11%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
KR:013870
GMB KOREA Corp.
3,530.00
-221.81
-5.91%
KR:005850
SL Corporation
49,900.00
15,889.83
46.72%
KR:009900
Myoung Shin Industry Co., Ltd.
9,190.00
186.09
2.07%
KR:015750
Sungwoo Hitech Co., Ltd
5,370.00
-1,133.09
-17.42%
KR:064960
SNT MOTIV CO., LTD
24,500.00
-6,625.65
-21.29%
KR:204320
HL Mando Co., Ltd.
38,650.00
2,733.94
7.61%
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