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Top holding company of the Doosan chaebol; segments span electronic/semiconductor materials and industrial vehicles.
Top holding company of the Doosan chaebol; segments span electronic/semiconductor materials and industrial vehicles.
Its own businesses are small beside the group it holds: electronic materials, forklifts and IT services. Most of the value sits in listed affiliates such as Doosan Bobcat, Doosan Enerbility and Doosan Robotics, which pass up dividends and brand fees. A 2024 plan to merge Bobcat into Robotics was dropped after shareholder opposition.
Moat: none (scale). Diversified holding company; moat, if any, sits within individual operating units.
Headquarters: Seoul, South Korea · Founded: 1896 · Employees: 1,749
Size Doosan (000150.KS) is a South Korea Industrials company (Trucks/Construction/Farm Machinery) with a market value of $7.10B, the 56th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩638,000 on 6 Nov 2026.
Performance Over six months the shares fell 60.0%, against -8.8% for the median peer and -24.5% for the South Korea market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 11.0% over the last twelve months (peer median +8.6%); the operating margin is 6.1% (peer median 12.8%).
Valuation It trades at 16.1× forward earnings against a peer median of 16.1× (10th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 4.0 points below its cost of capital (7.8% WACC).
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩20.8T | ₩19.8T | ₩18.1T | ₩19.1T | ₩17.0T |
| Revenue growth | — | +9% | -5% | +13% | — |
| Gross profit | ₩3.68T | ₩3.25T | ₩2.80T | ₩3.13T | ₩2.72T |
| EBITDA | ₩2.13T | ₩1.81T | ₩1.75T | ₩2.06T | ₩1.72T |
| Net income | ₩368B | ₩75.8B | -₩226B | -₩388B | -₩590B |
| Free cash flow | ₩61.0B | ₩412B | -₩403B | ₩1.32T | -₩113B |
| Capital expenditure | ₩1.07T | ₩898B | ₩930B | ₩823B | ₩942B |
| Total debt | ₩10.8T | ₩10.1T | ₩9.08T | ₩7.81T | ₩7.51T |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Doosan 000150.KS | $7.10B | -60% | +11% | 6% | 16.1× | 15.0% |
| SK 034730.KS | $17.9B | +5% | +15% | 7% | 2.2× | n/a |
| LG Corp. 003550.KS | $9.77B | -9% | +3% | 11% | 10.9× | 6.6% |
| Hanwha 000880.KS | $2.86B | -30% | +35% | 6% | 4.5× | n/a |
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.
| Measure | 000150.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -54.4% | -6.6% | lowest of 21 |
| 6-month return | -60.0% | -8.8% | 3rd lowest of 21 |
| Distance from 52-week high | -74.4% | -29.1% | 2nd lowest of 21 |
| Revenue growth (TTM) | +11.0% | +8.6% | 9th highest of 21 |
| Operating margin | 6.1% | 12.8% | 6th lowest of 21 |
| Forward P/E | 16.1× | 16.1× | 10th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 15.0% | 3.5% | 2nd most demanding of 18 |
| Growth delivered (Del g) | +11.6% | +11.6% | 9th highest of 18 |
| Hurdle (Req g minus delivered) | +3.4 pp | -7.8 pp | 5th most demanding of 18 |
| ROIC minus cost of capital | -4.0 pp | +11.0 pp | 4th lowest of 19 |
| EV / EBITDA | 12.4× | 11.8× | 5th most expensive of 16 |
| Net debt / EBITDA | 2.6× | 1.2× | 4th most indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Doosan 000150.KS | South Korea | $7.10B | -60% | +11% | 6% | 16.1× | 15.0% | +11.6% |
| Accelleron Industries ACLN.SW | Switzerland | $7.29B | -25% | +13% | 25% | 25.1× | 3.5% | +12.1% |
| Konecranes KCR.HE | Finland | $7.47B | +5% | -1% | 13% | 15.9× | 9.1% | +5.7% |
| Gaztransport & Technigaz GTT.PA | France | $7.50B | -13% | +9% | 64% | 16.1× | -3.1% | +15.2% |
| AGCO AGCO | United States | $7.61B | -6% | +1% | 6% | 17.1× | 10.5% | +2.0% |
| Babcock International BAB.L | United Kingdom | $6.60B | 0% | +7% | 6% | 15.4× | 13.2% | +5.5% |
| Mazagon Dock Shipbuilders MAZDOCK.NS | India | $7.87B | -31% | +8% | 15% | 30.5× | n/a | n/a |
| Hitachi Construction Machinery 6305.T | Japan | $6.36B | -12% | +7% | 10% | 11.2× | 3.9% | +11.6% |
| Terex TEX | United States | $6.18B | -14% | +40% | 7% | 9.9× | 12.1% | +12.0% |
| Weir WEIR.L | United Kingdom | $8.18B | -3% | +6% | 18% | 18.1× | 19.3% | +5.5% |
| Hyundai Rotem 064350.KS | South Korea | $5.75B | -73% | +12% | 15% | 9.7× | -4.0% | +16.0% |
| TKMS AG & Co. KGaA TKMS.DE | Germany | $5.57B | +8% | +15% | 5% | 39.8× | n/a | n/a |
| Alstom ALO.PA | France | $5.56B | -40% | +4% | 4% | n/a | 2.7% | +16.9% |
| Kongsberg Maritime KMAR.OL | Norway | $5.43B | -1% | +6% | 13% | 21.8× | 0.9% | +6.3% |
| Toro TTC | United States | $9.92B | +10% | +5% | 11% | 21.2× | 5.6% | +6.0% |
| Fincantieri FCT.MI | Italy | $4.98B | +3% | -1% | 0% | 21.5× | 1.2% | +9.1% |
| SamsungHvyInd 010140.KS | South Korea | $10.2B | -50% | +30% | 27% | 13.3× | -20.3% | +11.4% |
| Seatrium 5E2.SI | Singapore | $4.77B | -19% | +11% | 4% | 13.0× | 4.0% | +50.0% |
| Hanwha Ocean 042660.KS | South Korea | $10.7B | -64% | +18% | 13% | 8.7× | -12.4% | +13.2% |
| Ashok Leyland ASHOKLEY.NS | India | $10.7B | +1% | +16% | 17% | 24.8× | n/a | n/a |
| Zhejiang Dingli Machinery 603338.SS | China | $4.57B | +9% | +29% | 22% | 14.8× | 1.6% | +23.7% |