SAMMOK S-FORM Co., Ltd.

SAMMOK S-FORM Co., Ltd.

KKRX:018310
14,870.00
KRW
+10.00
(+0.07%)
603.73EPS
30.78P/E
267.26BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
20,532.31
23,216.18
24,028.76
22,906.27
17,273.25
14,317.23
11,706.32
9,573.96
16,861.5
25,172.56
31,189.13
28,187.58
22,151.44
20,454.94
Basic EPS, GAAP
2,002.56
3,719.3
3,069.87
3,232
2,389
2,996
1,112
58
2,432
4,364
8,474
5,148
715
603.73
Free Cash Flow per Basic Share
-478.81
3,855.59
1,102.86
-1,075.41
744.11
4,370.8
1,149.64
-1,322.97
-1,301.03
2,383.72
5,696.25
5,307.93
1,542.42
384.02
Dividend per Share
44.47
45.22
90.45
83.75
99.99
111.39
100.04
101.32
- -
100.01
95.23
300.76
201.96
- -
Book Value per Share
10,900.83
14,572.63
17,524.78
19,672.49
21,921.21
26,800.66
27,776.03
28,495.73
29,100.16
33,352.54
40,224.81
44,613.89
45,432.38
45,265.91
Tangible Book Value per Share
10,887.09
14,558.89
17,511.04
19,662.23
21,910.95
26,759.65
27,767.33
28,486.73
28,432.33
32,828.64
39,834.57
44,296.92
45,185.7
44,995.17
Basic Weighted Avg Shares
11
11
11
12
15
13
12
12
12
13
14
14
14
15
Sales/Revenue/Turnover
217,853
251,546
260,350
268,032
253,953
188,935
144,219
116,454
209,928
337,691
439,387
401,901
316,986
311,934
Operating Margin (%)
11.81
19.8
15.82
17.23
17.96
23.16
7.88
-10.86
1.77
20.17
28.25
18.74
2.03
-2.13
Depreciation Expense
17,770
15,328
19,220
25,145
28,440
26,966
28,861
23,664
33,906
63,879
86,094
91,730
83,396
80,803
Net Income, GAAP
21,248
40,298
33,262
37,818
35,123
39,536
13,700
705
30,279
58,543
119,380
73,401
10,232
9,207
Effective Tax Rate (%)
22.31
23.07
23.37
23.33
28.74
18.74
21.77
42.68
10.14
21.78
12.95
21.33
47.72
26.73
Profit Margin (%)
9.75
16.02
12.78
14.11
13.83
20.93
9.5
0.61
14.42
17.34
27.17
18.26
3.23
2.95
Working Capital
-20,149
18,619
29,288
67,091
80,079
103,504
114,231
119,085
53,152
52,523
176,227
287,903
308,096
282,568
LT Debt
- -
- -
- -
- -
- -
- -
721
42
17,344
13,023
13,044
10,012
9,594
11,216
Total Equity
118,107
157,890
189,876
289,186
322,242
330,302
342,318
339,557
390,410
447,460
574,988
644,675
653,519
651,125
Return on Invested Capital (%)
15.74
25.41
17.89
14.54
10.54
10.84
2.63
-2.1
0.88
12.03
20.04
9.43
0.51
-0.73
Return on Capital (%)
17.33
26.96
19.13
15.79
11.49
12.12
4.07
0.21
8.16
13.66
22.74
11.81
1.6
1.39
Return on Common Equity (%)
19.88
29.2
19.13
15.79
11.49
12.12
4.07
0.21
8.3
13.97
23.35
12.04
1.58
1.42

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3,273
3,034
4,043
LT Borrowings
9,118
9,350
9,860
LT Finance Leases
248
244
1,355
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
324,120
283,373
267,263

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
393,277
398,082
383,033
Cash, Cash Equivalents & STI
252,718
258,110
253,341
Accounts Receivable, Net
40,517
31,930
29,701
Inventories
56,879
58,039
58,349
Total Current Liabilities
87,581
89,987
100,465
Payables & Accruals
- -
- -
- -
ST Debt
3,273
3,034
4,043
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.06%
14.32%
1.37%
Free Cash Flow
-47.64%
-44.47%
-70.84%
Net Income, GAAP
412.35%
852.91%
-86.06%
Sales/Revenue/Turnover
7.08%
28.32%
-21.13%
Total Cash Common Dividend
- -
- -
-32.61%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
111,924
99,387
97,861
92,729
401,901
2025
78,306
92,018
74,426
72,235
316,986
2026
73,254
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,112
1,365
711
1,161.69
5,148
2025
153
354
375
-256.25
715
2026
82.35
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
300.76
2025
- -
- -
- -
- -
201.96
2026
- -
- -
- -
- -
- -

Company Description

CEO
Seok-Ho Um
Full Time Employees
312
Sector
Non-energy minerals
Industry
Aluminum
Address
Anseong-si South Korea
IPO Date
May 3, 1996
Business
SAMMOK S-FORM Co., Ltd. is a South Korea-based manufacturer and supplier specializing in the design, fabrication, sale, and rental of advanced aluminum formwork systems and specialized construction equipment. Established in June 1985 and headquartered in Anseong-si, Gyeonggi-do, South Korea, the company operates across the construction materials, structural engineering, and building systems sectors, maintaining a vertically integrated operational model that spans aluminum billet melting, precision extrusion, robotic fabrication, surface treatment, logistics, and formwork reconditioning. The company provides a comprehensive portfolio of architectural and civil construction formwork solutions, categorized primarily into: Aluminum Formwork Systems (AL-Form), consisting of lightweight, modular aluminum panels and accessories engineered for cast-in-place concrete walls, slabs, columns, and beams; Gang Form Systems, comprising large-scale external wall formwork units integrated with working platforms and safety enclosures designed for repetitive floor casting in high-rise residential complexes; Climbing Formwork Systems, including Auto Climbing Systems (ACS) and hydraulic climbing platforms that elevate formwork assemblies independently of tower cranes for high-rise building cores and supertall structures; System Forms and Specialized Civil Forms, covering table form systems, drop-head slab formwork, tunnel forms, bridge pier forms, and customized heavy-duty formwork for infrastructure developments; System Scaffolding and Shoring Systems, encompassing high-load aluminum shoring props, support trusses, and tie systems; and Formwork Management and Rental Services, which include structural formwork design, building information modeling (BIM) drafting, on-site technical supervision, automated cleaning, refurbishment, and long-term fleet leasing. SAMMOK S-FORM serves general construction contractors, civil engineering firms, and commercial developers across domestic and international markets. In addition to its primary manufacturing and rental logistics hubs in South Korea, the company maintains an overseas operational footprint with regional subsidiaries and business entities such as PT Sammok S-Form Indonesia and S-Form India Pvt. Ltd., supplying projects across Southeast Asia, South Asia, and the Middle East. In recent developments, the company has undertaken strategic corporate governance and capital allocation measures, including the execution of substantial treasury share buyback and full share cancellation trust programs aimed at enhancing shareholder return. Controlling shareholders have consolidated corporate equity through tender offer operations, while the company has resolved outstanding minority shareholder litigation and indirect compulsory execution proceedings. Operationally, SAMMOK S-FORM continues to advance process automation across its domestic extrusion and manufacturing facilities and expand its overseas rental fleet to capture growth in international urban infrastructure markets.