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SJM Co., Ltd (123700) AI Stock Analysis

KR:123700

SJM Co., Ltd

(Korea Exchange:123700)

Select Model
Rating:71Outperform
Price Target:KRW 3,348.00â–²(10.50% Upside)
Action:initiatedcoverage
Date:11/02/26

The score is supported primarily by a strong balance sheet, solid cash generation, and exceptionally attractive valuation. However, deteriorating operating margins and weak technical momentum materially limit the upside assessment.

Positive Factors
Conservative balance sheetVery low leverage gives SJM substantial financial flexibility and reduces the burden of interest and refinancing obligations. The sizeable equity base also provides resilience through operating volatility, while positive and improving TTM ROE indicates that capital remains productive despite moderating from earlier peaks.
Negative Factors
Very weak operating marginA roughly 1% EBIT margin leaves limited operating protection if costs rise or revenue growth moderates. The sharp decline from prior years also points to inconsistent operating leverage, making the quality and durability of reported earnings less dependable until profitability is restored.

SJM Co., Ltd (123700) vs. SPDR S&P 500 ETF (SPY)

-15%-10%-5%0%5%10%15%20%KR:123700-11.34%SPY+11.79%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
KRW 47.28B
Dividend Yield
6.77%
Average Volume (3M)
10.59K
Price to Earnings (P/E)
2.6
Beta (1Y)
0.17
Revenue Growth
2.40%
EPS Growth
9.81%
Country
KR
Employees
287
Sector
General
Sector Strength
55
Industry
Auto - Parts

SJM Co., Ltd Business Overview & Revenue Model

Company Description

Based in Ansan, South Korea, SJM Co., Ltd. was founded in 1975 and is primarily involved in the manufacturing and worldwide distribution of products tailored for both the automotive and industrial sectors. The company's diverse product range encompas...

SJM Co., Ltd Financial Statement Overview

Summary

Strong balance sheet and solid operating cash flow support the score, while exceptionally strong revenue growth and improved net income are offset by significant EBIT-margin deterioration and a recent free-cash-flow decline.

Income Statement

68Positive

Balance Sheet

91Very Positive

Cash Flow

76Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue205.14B201.42B201.91B198.88B180.24B145.73B
Gross Profit48.01B46.41B47.97B45.00B40.13B35.04B
EBITDA9.86B18.29B35.43B30.59B19.50B18.39B
Net Income17.99B12.12B20.80B17.60B4.92B4.44B
Balance Sheet
Total Assets313.98B285.85B285.11B251.63B243.28B241.27B
Cash, Cash Equivalents and Short-Term Investments108.67B96.01B74.96B56.17B46.99B47.50B
Total Debt9.94B10.53B11.85B11.11B16.44B14.69B
Total Liabilities55.88B45.66B57.80B52.70B56.09B55.54B
Stockholders Equity249.14B231.81B217.67B189.79B177.15B173.71B
Cash Flow
Free Cash Flow30.17B26.32B16.32B14.59B4.01B-12.21B
Operating Cash Flow37.17B34.42B21.66B17.16B9.34B-3.20B
Investing Cash Flow-23.93B-16.08B-12.15B2.41B-12.19B-8.56B
Financing Cash Flow-7.73B-7.36B-5.23B-5.05B-800.08M-7.97B

SJM Co., Ltd Technical Analysis

Technical Analysis SentimentNegative
Last Price3030.00

Price Trends

50DMA3303.00Negative
100DMA3301.25Negative
200DMA3493.73Negative

Market Momentum

MACD-64.13Positive
RSI31.19Neutral
STOCH26.35Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:123700, the sentiment is Negative. The current price of 3030.00 is below the 20-day moving average (MA) of 3160.50, below the 50-day MA of 3303.00, and below the 200-day MA of 3493.73, indicating a bearish trend. The MACD of -64.13 indicates Positive momentum. The RSI at 31.19 is Neutral, neither overbought nor oversold. The STOCH value of 26.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:123700.

SJM Co., Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

KR:123700 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
KR:025530KR:02553079OutperformKRW 46.55B2.16―7.28%2.32%154.71%
KR:123700KR:12370071OutperformKRW 47.28B2.63―6.77%2.40%9.81%
KR:006660KR:00666069NeutralKRW 81.91B7.32―0.77%-3.25%-2.47%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
KR:204320KR:20432054NeutralKRW 1.74T17.21―2.02%1.85%-33.95%
KR:017370KR:01737051NeutralKRW 52.98B4.17―0.86%-42.39%-52.21%
KR:041650KR:04165051NeutralKRW 36.15B7.71―2.68%-6.73%―

* General Sector Average

Performance Comparison

-50%0%50%100%KR:123700KR:006660KR:017370KR:025530KR:041650KR:204320Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
KR:123700 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
KR:123700SJM Co., Ltd3030.00-434.83-12.55%
KR:006660Samsung Climate Control Co., Ltd10420.00-3301.14-24.06%
KR:017370Wooshin Systems Co., Ltd3485.00-3132.87-47.34%
KR:025530SJM Holdings Co., Ltd.3435.00-40.78-1.17%
KR:041650Sangsin Brake Co., Ltd.1867.00-768.46-29.16%
KR:204320HL Mando Co., Ltd.37050.00-541.16-1.44%
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