Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
306200.KS
HOLDREMOVESeAH Steel Corporation · Basic Materials · South Korea · $238M · Avg Vol: $1M/d
SeAH Steel is a Korean steel pipe manufacturer. While it benefits from regional infrastructure spend, it is a low-margin, capital-intensive commodity business that fails the Terry Smith quality filter.
COMPANY DESCRIPTION
SeAH Steel Corporation is South Korea's largest manufacturer of steel pipes and tubes, serving the energy, construction, and infrastructure sectors. The company holds a dominant domestic market share and maintains a robust global export network, particularly for oil country tubular goods (OCTG) and offshore wind foundation structures. Its competitive advantage is driven by advanced manufacturing technology, global anti-dumping tariff resilience, and long-term client relationships.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 1.2B | 1.2B | 1.2B | 967.0M | -6.2% |
| EPS | 37.05 | 43.92 | 31.88 | 6.98 | -42.7% |
| Shares | 2.8M | 2.8M | 2.8M | 2.8M | -1.3% |
| Debt | 189.3M | 154.2M | 232.8M | 288.3M | 15.1% |
| Equity | 539.9M | 649.4M | 724.5M | 730.7M | 10.6% |
| Op CF | 140.7M | 72.4M | 195.3M | -70.5M | 17.8% |
| Inv CF | -26.3M | -62.9M | -141.5M | -90.3M | — |
| Fin CF | -8.4M | -43.3M | 37.5M | 38.5M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 306200.KS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 306200.KS | SeAH Steel Corporation(you) | $238M | 57 | HOLD |
| 001230.KS | Dongkuk Holdings Co.,Ltd. | $185M | 54 | HOLD |
| 058650.KS | SeAH Holdings Corporation | $327M | 60 | HOLD |
| 084010.KS | Daehan Steel Co., Ltd. | $155M | 54 | HOLD |
| 001940.KS | KISCO Holdings Corp. | $192M | 48 | HOLD |
| 002240.KS | Kiswire Ltd. | $324M | 70 | BUY |
| 104700.KS | KISCO Corp. | $186M | 39 | HOLD |
| 016380.KS | KG Dongbu Steel Co.,Ltd. | $342M | 78 | BUY |
| 460860.KS | Dongkuk Steel Mill Company Limited | $296M | 33 | SELL |
| 009190.KS | Daiyang Metal Co., Ltd. | $59M | 56 | HOLD |
Peer medians: ROE 3.2% · P/E 12.1x · Gross margin 15.1%