Frontierby eninvs

Language: EN · RU

← Region

HMM (011200) USD

At a glance: strengths & risks
✓Revenue growing (+30% y/y, Q2 2026)✓Net cash balance sheet✗Profit falling (-13% y/y, Q2 2026)✗Margins compressing (32%→21%, Q2 2026)

Sector: Container shipping

KR_011200

Price chart

21 400 KRWDay 2.88%
21 40021 25021 10020 95020 800Two-point segment from the displayed day change; full history unavailable.min 20 800 · max 21 400

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
21 400 KRW · 2.88%
Market cap
14.8 bn USD

Growth

Δ revenue y/y
20.6%
Δ EBITDA y/y
30.2%

Multiples

P/E (LTM)
15.0x
P/B (FY)
0.8x
P/E (ann.)
13.6x
EV/EBITDA (LTM)
—

Cash return

Dividend yield
—
FCF yield (LTM)
—

Liquidity

Daily turnover
—

Shares: connector/market_inputs

Amounts: USD (converted) · As reported
Converted modes use NBK / ECB-linked rates: balance sheet date for BS items, period average for P&L and cash flow (see filing row evidence). As reported keeps each row in its filing currency.

Financial results

Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueB USDOperating profitB USDD&AB USDEBITDAB USDNet profitB USDOperating CFB USDCapex + M&AB USDAssetsB USDEquityB USDROE (annualized)Net debtB USDSource
2026-06-30Q2 2026 (3M)OK2.3
y/y 20.6%
0.2
y/y 40.0%
0.2
y/y 21.7%
0.5
y/y 30.2%
0.3
y/y -18.9%
0.4992.324.0
y/y 0.8%
18.5
y/y -4.9%
5.9%-839.7Link
2026-03-31Q1 2026 (3M)OK1.8
y/y -5.7%
0.2
y/y -56.6%
0.2
y/y 26.8%
0.4
y/y -31.9%
0.2
y/y -52.6%
0.3-1311.423.7
y/y 1.8%
18.2
y/y -3.9%
5.2%-576.1—
2025-12-31Q4 2025 (3M)OK1.9
y/y -16.7%
0.2
y/y -69.2%
0.2
y/y 24.5%
0.4
y/y -51.0%
0.3
y/y -60.7%
0.4-819.323.2
y/y 1.3%
18.4
y/y -2.6%
7.2%-1509.5—
2025-09-30Q3 2025 (3M)OK2.0
y/y -25.5%
0.2
y/y -80.1%
0.2
y/y -58.8%
0.4
y/y -73.5%
0.2
y/y -82.9%
0.7-257.122.8
y/y 0.9%
18.2
y/y -1.5%
1.6%-767.7—
2025-06-30Q2 2025 (3M)OK1.9
y/y -3.8%
0.2
y/y -64.1%
0.2
y/y 20.9%
0.4
y/y -42.6%
0.3
y/y -30.3%
0.5-165.423.8
y/y 12.8%
19.5
y/y 13.3%
7.0%-2619.8—
2025-03-31Q1 2025 (3M)OK2.0
y/y 11.2%
0.4
y/y 36.9%
0.2
y/y 7.3%
0.6
y/y 26.6%
0.5
y/y 38.4%
0.7-356.923.2
y/y 14.0%
19.0
y/y 14.6%
10.7%-2867.0—
2024-12-31Q4 2024 (3M)OK2.3
y/y 44.6%
0.7
y/y 2130.7%
0.2
y/y 3.3%
0.9
y/y 346.4%
0.6
y/y 222.7%
1.0-704.623.0
y/y 15.8%
18.9
y/y 14.3%
14.8%-1207.7—
2024-09-30Q3 2024 (3M)OK2.6
y/y 62.9%
1.1
y/y 1780.3%
0.3
y/y 191.4%
1.6
y/y 596.3%
1.3
y/y 1678.4%
1.3-1336.222.6
y/y 14.5%
18.4
y/y 12.3%
9.6%-822.7Link
2024-06-30Q2 2024 (3M)OK1.9
y/y —
0.5
y/y —
0.2
y/y —
0.6
y/y —
0.5
y/y —
0.7-79.221.1
y/y —
17.2
y/y —
11.4%-1383.3Link
2024-03-31Q1 2024 (3M)OK1.8
y/y —
0.3
y/y —
0.2
y/y —
0.5
y/y —
0.4
y/y —
0.6-416.920.4
y/y —
16.5
y/y —
8.9%-571.7Link
2023-12-31Q4 2023 (3M)OK1.6
y/y —
0.0
y/y —
0.2
y/y —
0.2
y/y —
0.2
y/y —
0.4-288.819.8
y/y —
16.5
y/y —
4.5%-2857.9—
2023-09-30Q3 2023 (3M)OK1.6
y/y —
0.1
y/y —
0.2
y/y —
0.2
y/y —
0.1
y/y —
0.4-605.119.7
y/y —
16.4
y/y —
—-1688.2Link

Revenue & EBITDA

RevenueEBITDA

Quarterly values (KRW mln)

01 0002 0003 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Year-over-year change

-200%0%200%400%2024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Cash flow

FCF (KRW mln)

-2 000-1 00001 0002 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Net debt / cash (KRW mln)

-3 000 000-2 000 000-1 000 00002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Profit and cash

Profit is cash-backed
In a typical year of 2021–2025 operating cash flow came to 1.43x of reported net profit; after capex, 0.91x.
year20212022202320242025
cash flow / profit1.43x1.09x2.04x1.29x1.76x
accruals, % of assets—-3.7%-3.9%-3.2%-4.2%
Last twelve months (to 2026-06-30): 1.97x of profit came back as operating cash flow.
net debt / EBITDA -0.5x · capex 1.9x of depreciation
Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: ≤-300.0%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2026-06-30 vs 2025-06-30)
= (470 − 361) × 3.68
401
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (14 814 + -839 749) ÷ 1 729
0.0x
3. Target multiple
(Current EV/EBITDA + 8) ÷ 2
= (0.0 + 8) ÷ 2
4.0x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= -1 780 027 + 0 + 0 − 0
-1 780 027
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (401 × 4.0 + -1 780 027) ÷ 14 814
≤-300.0%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

  • dividends/buybacks not in data - balance cash flow uses net-debt change only

Revenue growth & acceleration

Growth decelerating ▼
Last-year revenue growth -7% vs +39% the year before — a -46.2 pp move. 3-year CAGR -16%.
revenue growth by year: 2023 -55% · 2024 +39% · 2025 -7%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

Dividends

No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of HMM (011200) — from primary filings.

Frequently asked questions

What is HMM (011200)'s P/E ratio?
HMM (011200) trades at a P/E of 15.0x (price to trailing 12-month earnings).
What is HMM (011200)'s P/B ratio?
HMM (011200) trades at a P/B of 0.8x.
What is HMM (011200)'s return on equity (ROE)?
HMM (011200)'s ROE is 5.9%.
What is HMM (011200)'s market capitalization?
HMM (011200)'s market cap is 14.8 bn USD.

See also: The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map