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SBHC001430.KSCompetitor analysis, valuation and peers

South Korea · KRW·Materials›Steel

Holding company for SeAH Besteel, a Korean maker of special and alloy steel bar and wire rod for automotive and machinery parts.

≈ Korea's version of a specialty long-steel producer like GerdauMomentum laggard 12
Mkt cap
$712M
US dollars, full cap
Free float
35%
of shares outstanding
$/day
$3.44M
20-day average traded
Fwd P/E
14.2×
forward earnings
ROIC−WACC
-1.5 pp
WACC 5.8%
Hurdle
n/a
no reverse DCF
Next earnings
130 days
16 Mar 2027
Close · KRW₩26,950
1D-2.9%
1W-5.1%
1M-39.0%
3M-28.8%
6M-64.3%
YTD-45.4%
1Y-2.6%
ATR %8.5%
52w lowhigh70.4% off high

What SBHC does

Holding company for SeAH Besteel, a Korean maker of special and alloy steel bar and wire rod for automotive and machinery parts.

Holding-company results rest on its steel subsidiary, whose special-steel bars and wire rod are sold to automotive and machinery customers under qualification, with profit tracking the spread over scrap, alloys and energy. It also receives dividends and manages group holdings.

In one line: Korea's version of a specialty long-steel producer like Gerdau.

Products and services

  • Special steel bar
  • Wire rod
  • Group steel-unit investment holdings

Customers

  • Auto-parts forgers
  • Machinery makers
  • Bearing manufacturers

Where it sits in the supply chain

  • Materials
  • Steel
  • Special/alloy long products (holding…

What could go right

  • Automotive/machinery steel demand

What could go wrong

  • Auto production cycles
  • Scrap/alloy input costs

Moat: narrow (scale, customer qualification). Long-standing qualified supplier of automotive-grade special steel.

Headquarters: Seoul, South Korea · Employees: 52

Named competitors

SBHC at a glance

Size SBHC (001430.KS) is a South Korea Materials company (Steel) with a market value of $712M, the 283rd largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩26,950 on 6 Nov 2026.

Performance Over six months the shares fell 64.3%, against -15.6% for the median peer and -24.5% for the South Korea market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue grew 11.1% over the last twelve months (peer median +1.9%); the operating margin is 2.8% (peer median 5.1%).

Valuation It trades at 14.2× forward earnings against a peer median of 15.4× (7th cheapest of 16).

Capital Return on invested capital runs 1.5 points below its cost of capital (5.8% WACC).

Next results Next results expected around 16 Mar 2027 (exchange calendar; dates can move).

Relative performance

40608010011 May 202611 Aug 20266 Nov 2026Peer median 85001430.KS 38
Six months, rebased to 100: SBHC against the median of its 20 peers (local-currency closes).

SBHC financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩4.02T₩3.65T₩3.64T₩4.08T₩4.39T
Revenue growth—0%-11%-7%—
Gross profitn/a₩306B₩250B₩397B₩338B
EBITDAn/a₩240B₩169B₩302B₩235B
Net income₩42.6B₩56.2B₩20.2B₩128B₩91.0B
Free cash flown/a-₩75.4B₩151B₩110B-₩70.2B
Capital expendituren/a₩202B₩191B₩143B₩104B
Total debtn/a₩1.29T₩1.07T₩911B₩989B

Quarterly statements and history in the cockpit →

SBHC competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%+20%-20%0%SUNFLAG000717MTUSKIRLFERJAIBALAJI6039692014CIA2023MAHSEAMLES600569600477SXC0024780006555602GOODLUCK601121BEC001430.KS6-month return →1-month return →
Up and to the right = strong over both horizons. SBHC is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%20×40×MTUSKIRLFERJAIBALAJI6039692014CIA2023MAHSEAMLES600477SXC002478000655GOODLUCKBEC001430.KSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. SBHC is the large dot.

SBHC competitors and peer comparison

Head to head with its named competitors (001430.KS vs 004020.KS vs 5406.T)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
SBHC 001430.KS$712M-64%+11%3%14.2×n/a
Hyundai Steel 004020.KS$2.73B-34%+2%1%74.3×-1.2%
Kobe Steel 5406.T$4.83B0%-3%5%7.7×-1.1%

How SBHC compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

SBHC against its 20 peers (data as of 6 Nov 2026)
Measure001430.KSPeer medianRank in peer set
1-month return-39.0%-12.0%lowest of 21
6-month return-64.3%-15.6%lowest of 21
Distance from 52-week high-70.4%-30.2%lowest of 21
Revenue growth (TTM)+11.1%+1.9%3rd highest of 21
Operating margin2.8%5.1%9th lowest of 21
Forward P/E14.2×15.4×7th cheapest of 16
ROIC minus cost of capital-1.5 pp-4.7 pp7th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
SBHC 001430.KSSouth Korea$712M-64%+11%3%14.2×n/an/a
Sunflag Iron & Steel SUNFLAG.NSIndia$730M-7%+9%9%n/a23.4%+15.7%
Guangdong Zhongnan Iron & Steel 000717.SZChina$734M-19%-12%-5%n/an/an/a
Metallus MTUSUnited States$687M-10%+11%1%15.3×n/an/a
Kirloskar Ferrous Industries KIRLFER.NSIndia$674M-15%+7%8%9.1×14.2%+27.6%
Jai Balaji Industries JAIBALAJI.NSIndia$651M-20%+2%4%6.3×35.8%+15.7%
Silvery Dragon Group Co., Ltd Tianjin 603969.SSChina$790M-33%-1%15%9.5×-3.5%+4.7%
Chung Hung Steel 2014.TWTaiwan$636M-16%-17%-1%54.3×-10.1%-12.4%
Champion Iron CIA.AXAustralia$799M-60%-7%7%11.5×10.4%+7.4%
Yieh Phui Enterprise 2023.TWTaiwan$804M+5%-9%0%25.2×n/an/a
Maharashtra Seamless MAHSEAMLES.NSIndia$809M-12%-12%13%15.5×8.1%+15.2%
Anyang Iron and Steel 600569.SSChina$810M-10%+1%-10%n/an/an/a
Hangxiao Steel Structure 600477.SSChina$810M-24%-24%3%28.6×11.6%-2.5%
SunCoke Energy SXCUnited States$832M+34%+3%4%23.1×7.2%+6.6%
Jiangsu Changbao Steel Tube 002478.SZChina$847M-40%+2%6%17.5×-4.8%+8.4%
Yieh United Steel 9957.TWOTaiwan$581M-18%-10%-12%n/an/an/a
Shandong Jinling Mining 000655.SZChina$578M-22%+11%3%15.4×23.3%+3.1%
Kurimoto,Ltd 5602.TJapan$576M-4%+3%7%10.5×2.1%+1.9%
Goodluck India GOODLUCK.NSIndia$571M+15%+10%8%24.5×n/an/a
Xinjiang Baodi Mining 601121.SSChina$887M-23%+23%23%n/an/an/a
BRC Asia BEC.SISingapore$894M-9%+23%8%10.5×-14.8%+20.5%

Questions

Who are SBHC's main competitors?
Named competitors: Hyundai Steel (004020.KS), Dongkuk Steel (private or unlisted), Kobe Steel (5406.T). The cockpit's measured peer set (industry) also includes Sunflag Iron & Steel (SUNFLAG.NS), Guangdong Zhongnan Iron & Steel (000717.SZ), Metallus (MTUS), Kirloskar Ferrous Industries (KIRLFER.NS), Jai Balaji Industries (JAIBALAJI.NS), Silvery Dragon Group Co., Ltd Tianjin (603969.SS).
Is SBHC expensive compared with its peers?
On forward p/e it trades at 14.2× against a peer median of 15.4×, 7th cheapest of 16 in its peer set.
How has SBHC stock performed?
Over six months to 6 Nov 2026 the shares returned -64.3% against -15.6% for the median peer; over one year -2.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.