FORMETAL CO., LTD

Toward S means a higher total-score band; toward F, a lower band. Badges are distinguished by ink intensity and shape (fill, outline, dashed) — never by hue.

Maegim maps a total score — built from sector-relative percentile scoring — onto fixed, predefined thresholds to assign one of six bands, S to F. This stock is scored by the same formula as all 2,523 graded stocks and is currently in band B with a total score of 60.2 points.

How grades are computed →What grades do and don’t mean →What the grade does not reflect →

Position within sector

Mechanically selected indicators in the top or bottom 30% of sector percentiles · among 135 stocks in Metals

Upper percentile

Top 18.9% in sector — Debt-to-equity ratioFinancial strength →Top 27.7% in sector — Operating income change (3Y)Growth momentum →Top 27.8% in sector — Current ratioFinancial strength →

Lower percentile

Bottom 6% in sector — Revenue growth (YoY)Growth momentum →Bottom 22.3% in sector — Revenue 3-year CAGRGrowth momentum →

1-year closing price

Low ₩2,185High ₩5,630

Latest close

Price change by period

2.40%

7.10%

20.60%

15.80%

As of the Sep 1, 2026 close · updated once daily · a factual record computed from closing prices only; dividends are not included, and this is not a buy or sell signal.

Financial strength

72.8/100

How much debt does it carry relative to equity?

21.0%

Sector median 69.4%

Sector low

highTop 18.9% in sector

Can it cover what's due within a year?

262.0%

Sector median 152.7%

Sector low

highTop 27.8% in sector

How much of revenue becomes profit?

3.8%

Sector median 1.9%

Sector low

highTop 30.7% in sector

How much did it earn on its own capital?

4.2%

Sector median 1.4%

Sector low

highTop 31.5% in sector

Source filing: annual report (separate) — view original ↗

Growth momentum

40.9/100

How much did revenue grow in a year?

-21.5%

Sector median -1.7%

Sector low

highBottom 6% in sector

Has it grown steadily over three years?

-9.8%

Sector median -3.8%

Sector low

highBottom 22.3% in sector

Did core profits grow in a year?

29.8%

Sector median -2.9%

Sector low

highTop 37.2% in sector

Are core profits higher than three years ago?

-3.9%

Sector median -61.1%

Sector low

highTop 27.7% in sector

Financial trend

Revenue

Growth & margin

Revenue growth Operating margin

Year over year — alongside the sector median

This stock Sector median

A factual chart of confirmed annual results from annual reports — the same source as the grading indicators. Not a buy or sell signal.

Source filing: annual report (separate) — view original ↗

Price attractiveness

58.6/100

Is the price expensive relative to earnings?

13.6x

Sector median P/E of profitable peers 15.4x · 39% loss-making

Sector low

highTop 28.5% in sector

Is the price expensive relative to book value?

0.57x

Sector median 0.51x

Sector low

highBottom 45.6% in sector

Valuation uses the Sep 1, 2026 close and market cap

Shareholder Return

Single-indicator axis66.0/100

Does the company actually pay dividends?

1.7%

Sector median 0.0%

Sector low

highTop 34% in sector

Dividend per share (annual)

Cash dividend per common share as stated in annual reports. ₩0 means no dividend that year.

Dividends & treasury shares

Total cash dividends (FY2025): ₩711M
Cash payout ratio, consolidated (FY2025): 32.9%

Source: annual report (DART) — dividend allocation & total shares

Source filing: annual report (separate) — view original ↗

Financial checklist

Based on the FY2025 annual report · year-over-year comparison · determined on Sep 2, 2026

Of 9 items: 8 met · 1 not met · 0 not computable

Not metMetNot computable

Positive net income

Whether net income (attributable to owners where available) is above zero.

Met

₩2.2B

Positive operating cash flow

Whether cash flow from operations is above zero.

Met

₩4.9B

Return on assets up

Whether net income over beginning total assets rose from the prior year.

Met

2.4% → 3.5%

Operating cash flow exceeds net income

Whether operating cash flow is greater than net income.

Met

₩4.9B vs ₩2.2B

Liabilities-to-assets ratio down

Whether total liabilities as a share of total assets fell from the prior year.

Met

19.5% → 17.4%

Current ratio up

Whether current assets over current liabilities rose from the prior year.

Met

205.4% → 262.0%

Shares outstanding not increased

Whether common shares issued did not increase from the prior year. Increases from bonus issues and stock dividends are also counted.

Met

11,847,232 → 11,847,232

Operating margin up

Whether operating income over revenue rose from the prior year.

Met

2.3% → 3.8%

Asset turnover up

Whether revenue over beginning total assets rose from the prior year.

Not met

0.99x → 0.82x

A record of facts determined by fixed rules from the financial statements in the latest annual report. Not used in grading, and not a buy or sell signal. Source filing: annual report (separate) — view original ↗

Grade change history

Jul 23, 2026B

Methodology version change (v2.0 applied)

Jul 15, 2026BVersion v1

First calculation

Grade changes are a factual record produced from public data by a fixed formula; they do not signal future changes.

Disclosure & financial badges

Factual records determined from public filings and periodic reports by fixed rules — not buy/sell signals.

Negative-evidence group (dilution, loss, dispute)Mixed interpretationPositive-evidence group (shareholder return)Dots classify the disclosure type by the direction of research evidence — not an assessment or investment judgment about this company.

Disclosure event history

Largest-shareholder changes (past 36 months)

The largest shareholder changed 2 times in the past 36 months (latest change 2025-12-31, per annual report).

Determined as of 2026-09-02

Recent filings for this stock

Last 120 days · monitored filing types only

Periodic report filedAug 14, 2026Source ↗

Periodic report filedMay 15, 2026Source ↗

View in the filings calendar →