Loading…
← CockpitCompetitor Analysis › 083650.KS BHI Co. Ltd.Open in the cockpit ↗

BHI Co. Ltd.083650.KSCompetitor analysis, valuation and peers

South Korea · KRW·Industrials›Industrial Machinery

Korean industrial-equipment maker likely serving petrochemical/power plant fabrication; specific products not confidently known.

Momentum laggard 11
Mkt cap
$798M
US dollars, full cap
Free float
68%
of shares outstanding
$/day
$7.86M
20-day average traded
Fwd P/E
11.9×
forward earnings
ROIC−WACC
+36.8 pp
WACC 6.9%
Hurdle
-35 pp
Req g minus delivered
Next earnings
12 days
18 Nov 2026
Close · KRW₩35,000
1D-8.6%
1W-15.1%
1M-38.8%
3M-29.8%
6M-64.1%
YTD-33.1%
1Y-29.6%
ATR %9.9%
52w lowhigh69.3% off high

What BHI does

Korean industrial-equipment maker likely serving petrochemical/power plant fabrication; specific products not confidently known.

Where it sits in the supply chain

  • Industrials
  • Heavy industrial equipment

Moat: none

Headquarters: South Korea · Employees: 688

BHI at a glance

Size BHI (083650.KS) is a South Korea Industrials company (Industrial Machinery) with a market value of $798M, the 264th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩35,000 on 6 Nov 2026.

Performance Over six months the shares fell 64.1%, against -21.5% for the median peer and -24.5% for the South Korea market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue grew 90.3% over the last twelve months (peer median +2.8%); the operating margin is 11.8% (peer median 8.6%).

Valuation It trades at 11.9× forward earnings against a peer median of 19.8× (5th cheapest of 12).

Price implies For today's price to make sense, revenue must grow about -9% a year for seven years (Req g). Recent delivered growth is +26%, so the hurdle is -35 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 36.8 points above its cost of capital (6.9% WACC).

Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).

Relative performance

507510011 May 202611 Aug 20266 Nov 2026Peer median 77083650.KS 35
Six months, rebased to 100: BHI against the median of its 20 peers (local-currency closes).

BHI financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩1.05T₩774B₩405B₩367B₩330B
Revenue growth—+91%+10%+11%—
Gross profit₩168B₩118B₩57.2B₩41.7B₩33.8B
EBITDA₩131B₩82.6B₩28.0B₩25.3B₩18.7B
Net income₩52.1B₩65.2B₩19.6B₩7.51B-₩19.1B
Free cash flow₩129B₩96.7B₩35.5B₩39.5B₩13.7B
Capital expenditure₩18.7B₩18.5B₩4.48B₩4.54B₩1.52B
Total debt₩142B₩145B₩127B₩157B₩212B

Quarterly statements and history in the cockpit →

BHI 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%-40%-20%0%0025306031733004350028706034083013033004006006103007672351000881603131775177956005453008098057603135083650.KS6-month return →1-month return →
Up and to the right = strong over both horizons. BHI is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%50×100×6031733004356034082351775177953008093001618057300403603135083650.KSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. BHI is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%603173300435002870603408301303300400600610300767235177516005453008098057300403083650.KSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. BHI is the large dot.

BHI competitors and peer comparison

How BHI 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.

BHI against its 20 peers (data as of 6 Nov 2026)
Measure083650.KSPeer medianRank in peer set
1-month return-38.8%-8.0%2nd lowest of 21
6-month return-64.1%-21.5%lowest of 21
Distance from 52-week high-69.3%-48.2%lowest of 21
Revenue growth (TTM)+90.3%+2.8%2nd highest of 21
Operating margin11.8%8.6%7th highest of 21
Forward P/E11.9×19.8×5th cheapest of 12
Growth the price implies (Req g, 7 yrs)-9.1%18.6%2nd least demanding of 15
Growth delivered (Del g)+26.0%+6.4%2nd highest of 15
Hurdle (Req g minus delivered)-35.1 pp+9.2 pp2nd least demanding of 15
ROIC minus cost of capital+36.8 pp-1.1 pp2nd highest of 20
EV / EBITDA8.3×28.2×cheapest of 6
Net debt / EBITDA0.1×-2.1×2nd most indebted of 7

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
BHI 083650.KSSouth Korea$798M-64%+90%12%11.9×-9.1%+26.0%
JC Finance & Tax Interconnect 002530.SZChina$797M-24%+12%10%n/an/an/a
Hangzhou Fortune Gas Cryogenic 603173.SSChina$796M-14%+4%15%9.9×-8.2%+22.6%
Hangzhou Zhongtai Cryogenic Technology 300435.SZChina$806M-43%-22%13%9.4×10.7%+6.8%
Guangdong Senssun Weighing Apparatus 002870.SZChina$807M-5%-12%2%n/a0.7%+44.0%
Runner (Xiamen) 603408.SSChina$809M+2%+14%9%11.6×-6.4%+5.9%
Zenner Metering Technology (Shanghai) 301303.SZChina$785M-17%+9%10%n/a15.0%+15.8%
Shenzhen JT Automation Equipment 300400.SZChina$811M-9%+8%9%n/a34.4%-2.4%
Guizhou Zhongyida 600610.SSChina$783M-27%+5%12%n/a23.8%-0.6%
QuakeSafe Technologies 300767.SZChina$783M-28%-3%-27%n/a27.5%-1.7%
SDI 2351.TWTaiwan$782M-16%+7%8%14.8×24.9%+3.9%
CGN Nuclear Technology Development 000881.SZChina$816M-21%-7%-8%n/an/an/a
SHANGHAI HUGONG ELECTRIC 603131.SSChina$816M-28%+4%-2%n/an/an/a
Horng Terng Automation 7751.TWOTaiwan$817M-62%+150%35%20.8×23.2%+13.5%
Eternal Precision Mechanics 7795.TWTaiwan$819M-9%-12%18%34.0×n/an/a
Saurer Intelligent Technology 600545.SSChina$776M-37%-7%-21%n/a22.3%-6.0%
Hiecise Precision Equipment 300809.SZChina$776M-36%-13%4%35.8×37.2%+18.7%
Wuhan Huazhong Numerical Control System 300161.SZChina$772M-20%-2%-12%117.7×n/an/a
Uchida Yoko 8057.TJapan$771M+17%+26%4%11.1×-13.2%+7.9%
Hanyu Group Joint Stock 300403.SZChina$770M-22%+1%21%19.8×13.3%+4.7%
Zhongzhong Science and Technology (Tianjin) 603135.SSChina$767M-32%-3%4%50.5×n/an/a

Questions

Which companies are BHI's closest peers?
The cockpit's peer set: JC Finance & Tax Interconnect (002530.SZ), Hangzhou Fortune Gas Cryogenic (603173.SS), Hangzhou Zhongtai Cryogenic Technology (300435.SZ), Guangdong Senssun Weighing Apparatus (002870.SZ), Runner (Xiamen) (603408.SS), Zenner Metering Technology (Shanghai) (301303.SZ), Shenzhen JT Automation Equipment (300400.SZ), Guizhou Zhongyida (600610.SS).
Is BHI expensive compared with its peers?
On forward p/e it trades at 11.9× against a peer median of 19.8×, 5th cheapest of 12 in its peer set. For today's price to make sense, revenue must grow about -9% a year for seven years (Req g). Recent delivered growth is +26%, so the hurdle is -35 pp: the price already allows for a slowdown.
How has BHI stock performed?
Over six months to 6 Nov 2026 the shares returned -64.1% against -21.5% for the median peer; over one year -29.6%.

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.