Loading…
Korean maker of battery cathode materials (high-nickel and lithium cobalt oxide), also toner, iron oxide and functional films.
Korean maker of battery cathode materials (high-nickel and lithium cobalt oxide), also toner, iron oxide and functional films.
Sells cathode active materials, the powders that hold lithium in a battery's positive electrode, to battery makers, so revenue moves with EV and energy-storage demand and with nickel, cobalt and lithium costs. It began as a magnetic-tape maker, Seahan Media, and still runs older toner, iron-oxide and film businesses; it is now part of the Cosmo Group.
Moat: narrow (process know-how, customer qualification). Cathode materials need years of qualification with battery makers; demand and pricing swing with metal costs and EV cycles.
Employees: 459
Size Cosmo AM&T (005070.KS) is a South Korea Information Technology company (Electronic Equipment/Instruments) with a market value of $789M, the 271st largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩32,250 on 6 Nov 2026.
Performance Over six months the shares fell 45.2%, against -17.5% for the median peer and -24.5% for the South Korea market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue grew 8.2% over the last twelve months (peer median +5.3%); the operating margin is 1.5% (peer median 4.4%).
Valuation It trades at 176.2× forward earnings against a peer median of 18.0× (most expensive of 7).
Price implies For today's price to make sense, revenue must grow about 29% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is +12 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 6.4 points below its cost of capital (7.5% WACC).
Next results Next results expected around 12 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩522B | ₩456B | ₩570B | ₩630B | ₩486B |
| Revenue growth | — | -20% | -10% | +30% | — |
| Gross profit | n/a | ₩25.7B | ₩49.1B | ₩56.4B | ₩52.9B |
| EBITDA | n/a | ₩16.8B | ₩39.0B | ₩49.0B | ₩48.4B |
| Net income | ₩2.02B | -₩1.20B | ₩17.6B | ₩27.0B | ₩27.7B |
| Free cash flow | n/a | ₩92.4B | -₩179B | -₩131B | -₩19.7B |
| Capital expenditure | n/a | ₩48.5B | ₩188B | ₩104B | ₩20.2B |
| Total debt | n/a | ₩133B | ₩177B | ₩56.2B | ₩110B |
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 |
|---|---|---|---|---|---|---|
| Cosmo AM&T 005070.KS | $789M | -45% | +8% | 2% | 176.2× | 29.5% |
| Ecopro BM 247540.KS | $6.53B | -60% | -4% | 6% | 965.8× | n/a |
| L&F 066970.KS | $2.15B | -62% | +81% | 8% | n/a | n/a |
| Posco Future M 003670.KS | $10.6B | -36% | -9% | 2% | 282.1× | 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 | 005070.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -30.5% | -7.7% | 2nd lowest of 21 |
| 6-month return | -45.2% | -17.5% | 3rd lowest of 20 |
| Distance from 52-week high | -51.4% | -46.7% | 9th lowest of 21 |
| Revenue growth (TTM) | +8.2% | +5.3% | 10th highest of 20 |
| Operating margin | 1.5% | 4.4% | 9th lowest of 21 |
| Forward P/E | 176.2× | 18.0× | most expensive of 7 |
| Growth the price implies (Req g, 7 yrs) | 29.5% | 8.9% | 2nd most demanding of 10 |
| Growth delivered (Del g) | +17.4% | +9.9% | 2nd highest of 9 |
| Hurdle (Req g minus delivered) | +12.0 pp | +2.3 pp | 3rd most demanding of 9 |
| ROIC minus cost of capital | -6.4 pp | -1.8 pp | 10th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Cosmo AM&T 005070.KS | South Korea | $789M | -45% | +8% | 2% | 176.2× | 29.5% | +17.4% |
| Catapult Sports CAT.AX | Australia | $788M | +15% | +19% | -17% | n/a | 27.1% | +18.0% |
| Changchun Zhiyuan New Energy Equipment 300985.SZ | China | $786M | +22% | +55% | -5% | n/a | n/a | n/a |
| Anhui Landun Photoelectron 300862.SZ | China | $814M | +31% | -27% | -23% | n/a | n/a | n/a |
| Keytop Parking 2272.HK | Hong Kong | $761M | n/a | +4% | 11% | n/a | n/a | n/a |
| RNBC New Energy 301667.SZ | China | $755M | -59% | +24% | 6% | n/a | n/a | n/a |
| Wuhan Zhongyuan Huadian Science & Technology 300018.SZ | China | $825M | -17% | +3% | 17% | n/a | 25.8% | +10.0% |
| Evolv Technologies EVLV | United States | $826M | -35% | +42% | -20% | n/a | n/a | n/a |
| Dianguang Explosion-proof Technology 002730.SZ | China | $832M | -54% | -6% | 6% | n/a | n/a | n/a |
| Shenzhen Anche Technologies 300572.SZ | China | $747M | -29% | +13% | -33% | n/a | n/a | n/a |
| Shanghai Ruking Technologies 301525.SZ | China | $838M | -13% | -2% | 1% | 43.8× | n/a | n/a |
| Beauty Tech TBTG.L | United Kingdom | $742M | +71% | n/a | 21% | 17.6× | 4.5% | n/a |
| Zhejiang Shuangyuan Technology 688623.SS | China | $733M | -10% | +10% | 7% | n/a | 39.1% | +15.5% |
| Xi'an Manareco New Materials 688550.SS | China | $850M | -19% | -2% | 13% | 15.6× | 7.4% | +9.8% |
| Nanjing Xinlian Electronics 002546.SZ | China | $732M | -29% | -2% | 21% | n/a | -8.4% | +3.7% |
| Fujian Nebula Electronics 300648.SZ | China | $720M | -44% | -1% | -18% | n/a | n/a | n/a |
| Fujian Acetron New Materials 300706.SZ | China | $873M | -11% | +19% | 3% | n/a | n/a | n/a |
| Hioki E.E.Corporation 6866.T | Japan | $703M | -27% | +17% | 20% | 14.6× | 8.9% | +13.3% |
| Acrel 300286.SZ | China | $691M | -23% | +9% | 13% | 18.4× | 15.7% | +8.8% |
| Feitian Technologies 300386.SZ | China | $909M | -17% | -20% | -20% | n/a | n/a | n/a |
| Shenzhen Jieshun Science & Technology Industry 002609.SZ | China | $683M | -14% | +5% | 3% | 26.4× | 1.9% | +5.0% |