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Korean manufacturer of power and communication cables for utilities, construction and industry.
Korean manufacturer of power and communication cables for utilities, construction and industry.
Sells cable priced off the copper it uses plus a margin, so revenue moves with metal prices and with construction and utility spending in Korea. State power company KEPCO is a major buyer of power cable.
In one line: A small Korean Encore Wire.
Moat: none (scale). Commodity cable maker competing mainly on price and delivery in a fragmented market.
Headquarters: Anyang, South Korea · Founded: 1977 · Employees: 498
Size Gaon Cable (000500.KS) is a South Korea Industrials company (Electrical Products) with a market value of $3.97B, the 89th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩180,900 on 6 Nov 2026.
Performance Over six months the shares gained 50.1%, against -21.9% for the median peer and -24.5% for the South Korea market (cap-weighted) — highest of 19 in its peer set.
Growth Revenue grew 31.8% over the last twelve months (peer median +16.3%); the operating margin is 3.4% (peer median 8.2%).
Valuation It trades at 2.0× enterprise value to sales against a peer median of 2.2× (8th cheapest of 21).
Capital Return on invested capital runs 4.6 points below its cost of capital (12.2% WACC).
Next results Next results expected around 22 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩2.90T | ₩2.55T | ₩1.73T | ₩1.50T | ₩1.42T |
| Revenue growth | — | +47% | +15% | +6% | — |
| Gross profit | ₩261B | ₩203B | ₩114B | ₩110B | ₩85.6B |
| EBITDA | ₩120B | ₩102B | ₩55.4B | ₩52.0B | ₩36.9B |
| Net income | ₩64.3B | ₩51.4B | ₩25.4B | ₩17.9B | ₩10.5B |
| Free cash flow | -₩185B | ₩884M | ₩9.67B | ₩2.31B | ₩19.6B |
| Capital expenditure | ₩35.7B | ₩24.6B | ₩11.0B | ₩10.7B | ₩6.69B |
| Total debt | ₩644B | ₩481B | ₩229B | ₩187B | ₩180B |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Gaon Cable 000500.KS | $3.97B | +50% | +32% | 3% | 2.0× | n/a |
| LS 006260.KS | $3.51B | -62% | +30% | 4% | 0.5× | n/a |
| Taihan Cable & Solution 001440.KS | $2.31B | -70% | +22% | 5% | 0.9× | n/a |
| Nexans NEX.PA | $6.06B | -26% | -13% | 6% | 0.8× | 5.6% |
| Prysmian PRY.MI | $33.9B | -35% | +17% | 8% | 1.5× | 13.1% |
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 | 000500.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -41.0% | -11.7% | lowest of 21 |
| 6-month return | +50.1% | -21.9% | highest of 19 |
| Distance from 52-week high | -49.7% | -42.3% | 10th lowest of 21 |
| Revenue growth (TTM) | +31.8% | +16.3% | 6th highest of 20 |
| Operating margin | 3.4% | 8.2% | 4th lowest of 21 |
| EV / Sales | 2.0× | 2.2× | 8th cheapest of 21 |
| ROIC minus cost of capital | -4.6 pp | -1.3 pp | 5th lowest of 21 |
| Net debt / EBITDA | 3.6× | 1.2× | 5th most indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Gaon Cable 000500.KS | South Korea | $3.97B | +50% | +32% | 3% | 2.0× | n/a | n/a |
| Beijing Sifang Automation 601126.SS | China | $3.94B | -44% | +9% | 9% | 2.9× | 25.3% | +16.3% |
| Shenzhen Hfc 301716.SZ | China | $3.93B | n/a | +114% | 44% | 35.1× | 45.3% | n/a |
| State Grid Yingda 600517.SS | China | $4.01B | -21% | +8% | 22% | 0.8× | -18.5% | +8.1% |
| KEI Industries KEI.NS | India | $4.03B | -22% | +25% | 10% | 2.8× | n/a | n/a |
| Guangzhou Great Power Energy & Technology 300438.SZ | China | $3.90B | -50% | +125% | 7% | 1.4× | 9.7% | +26.8% |
| XJ Electric 000400.SZ | China | $3.86B | 0% | -8% | 6% | 1.5× | n/a | n/a |
| Ugreen 301606.SZ | China | $4.13B | -23% | +50% | 9% | 2.1× | n/a | n/a |
| Rosebank Industries ROSE.L | United Kingdom | $4.15B | -12% | n/a | 13% | 12.1× | n/a | n/a |
| Hainan Jinpan Smart Technology 688676.SS | China | $3.75B | -38% | +12% | 10% | 3.3× | 28.5% | +24.7% |
| Walsin Lihwa 1605.TW | Taiwan | $4.21B | -3% | -4% | 0% | 1.3× | n/a | n/a |
| Teco Electric & Machinery 1504.TW | Taiwan | $4.23B | -13% | +8% | 9% | 2.3× | 9.3% | +5.2% |
| Dajin Heavy Industry 002487.SZ | China | $3.71B | -60% | -2% | 19% | 3.2× | n/a | n/a |
| Wuhan Raycus Fiber Laser Technologies 300747.SZ | China | $3.67B | +22% | +16% | 6% | 6.2× | n/a | n/a |
| DPC DPC | United States | $4.30B | n/a | +12% | -1% | 4.8× | n/a | n/a |
| Shanghai Moons Electrical 603728.SS | China | $3.66B | -1% | +22% | 4% | 7.6× | n/a | n/a |
| CALB 3931.HK | Hong Kong | $3.57B | -59% | +80% | 7% | 2.1× | n/a | n/a |
| Henan Pinggao Electric 600312.SS | China | $4.43B | -1% | -6% | 13% | 2.0× | n/a | n/a |
| CNGR Advanced Material 2579.HK | Hong Kong | $4.48B | -58% | +53% | 7% | 1.2× | n/a | n/a |
| LS 006260.KS | South Korea | $3.51B | -62% | +30% | 4% | 0.5× | n/a | n/a |
| Sany Renewable Energy 688349.SS | China | $3.50B | -22% | +30% | 2% | 0.8× | n/a | n/a |