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← CockpitCompetitor Analysis › 005880.KS Korea Line CorporationOpen in the cockpit ↗

Korea Line Corporation005880.KSCompetitor analysis, valuation and peers

South Korea · KRW·Industrials›Marine Shipping
Momentum strong 61
Mkt cap
$420M
US dollars, full cap
Free float
51%
of shares outstanding
$/day
$3.15M
20-day average traded
Fwd P/E
2.9×
forward earnings
ROIC−WACC
-0.5 pp
WACC 5.0%
Hurdle
-20 pp
Req g minus delivered
Next earnings
12 days
18 Nov 2026
Close · KRW₩1,813
1D-5.5%
1W-5.3%
1M-12.4%
3M-5.4%
6M-30.1%
YTD+3.2%
1Y-1.3%
ATR %5.1%
52w lowhigh46.4% off high

What Korea Line does

Employees: 180

Korea Line at a glance

Size Korea Line (005880.KS) is a South Korea Industrials company (Marine Shipping) with a market value of $420M, the 379th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩1,813 on 6 Nov 2026.

Performance Over six months the shares fell 30.1%, against -11.8% for the median peer and -24.5% for the South Korea market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue fell 18.9% over the last twelve months (peer median +20.7%); the operating margin is 20.6% (peer median 11.2%).

Valuation It trades at 2.9× forward earnings against a peer median of 8.5× (cheapest of 14).

Price implies For today's price to make sense, revenue must grow about -12% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -20 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.5 points below its cost of capital (5.0% WACC).

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

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 88005880.KS 70
Six months, rebased to 100: Korea Line against the median of its 20 peers (local-currency closes).

Korea Line financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩1.20T₩1.28T₩1.75T₩1.40T₩1.61T
Revenue growth—-27%+25%-13%—
Gross profit₩304B₩285B₩410B₩310B₩333B
EBITDA₩390B₩324B₩487B₩405B₩413B
Net income₩177B₩180B₩162B₩68.3B₩158B
Free cash flow₩333B₩211B₩370B-₩150B-₩216B
Capital expenditure₩45.8B₩149B₩48.8B₩434B₩546B
Total debt₩1.51T₩1.52T₩2.06T₩2.48T₩2.30T

Quarterly statements and history in the cockpit →

Korea Line 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

-20%0%+20%-15%-10%-5%ESEASEA12409CMDB93242617S56PANL001205000520930826125LY26052490600798SHIPGOTL-A7786FSJ005880.KS6-month return →1-month return →
Up and to the right = strong over both horizons. Korea Line is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%0×20×40×60×ESEASEA124092617PANL0012055LY2605SHIPGOTL-A7786FSJ005880.KSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Korea Line is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%-20%0%20%240993242617S56PANL00120593085LY2605600798SHIPFSJ005880.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. Korea Line is the large dot.

Korea Line competitors and peer comparison

How Korea Line 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.

Korea Line against its 20 peers (data as of 6 Nov 2026)
Measure005880.KSPeer medianRank in peer set
1-month return-12.4%-10.5%6th lowest of 21
6-month return-30.1%-11.8%2nd lowest of 21
Distance from 52-week high-46.4%-28.1%2nd lowest of 21
Revenue growth (TTM)-18.9%+20.7%2nd lowest of 20
Operating margin20.6%11.2%8th highest of 21
Forward P/E2.9×8.5×cheapest of 14
Growth the price implies (Req g, 7 yrs)-12.2%-2.5%3rd least demanding of 14
Growth delivered (Del g)+7.6%+11.2%4th lowest of 13
Hurdle (Req g minus delivered)-19.8 pp-15.2 pp6th least demanding of 13
ROIC minus cost of capital-0.5 pp-0.6 pp10th highest of 20
EV / EBITDA4.8×6.6×4th cheapest of 17
Net debt / EBITDA2.6×1.5×5th most indebted of 19

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
Korea Line 005880.KSSouth Korea$420M-30%-19%21%2.9×-12.2%+7.6%
Euroseas ESEAUnited States$417M-13%+3%59%3.4×n/an/a
Sea1 Offshore Incorporation SEA1.OLNorway$406M-12%-23%36%4.9×n/an/a
Seacon Shipping 2409.HKHong Kong$400M+32%+40%11%6.2×4.8%+12.7%
Costamare Bulkers CMDBUnited States$449M-4%n/a-3%n/a-7.8%n/a
Yasuda Logistics 9324.TJapan$453M+12%+2%5%n/a12.3%+10.9%
Taiwan Navigation 2617.TWTaiwan$368M-1%+8%40%6.5×-7.9%+11.5%
Samudera Shipping Line S56.SISingapore$365M-16%+4%11%n/a-15.6%+10.5%
Pangaea Logistics Solutions PANLUnited States$496M-3%+22%9%7.4×1.6%+10.5%
Nanjing Sheng Hang Shipping 001205.SZChina$350M-18%+2%16%15.3×2.6%+24.6%
Phoenix Shipping (Wuhan) 000520.SZChina$527M-12%+78%5%n/an/an/a
Inui Global Logistics 9308.TJapan$331M+37%+21%9%n/a7.2%+12.2%
Chinese Maritime Transport 2612.TWTaiwan$329M-1%+2%25%8.5×n/an/a
Marco Polo Marine 5LY.SISingapore$322M-36%+26%32%11.7×-5.4%+31.8%
Sincere Navigation 2605.TWTaiwan$548M-11%+22%31%8.9×-18.5%+2.3%
LC Logistics 2490.HKHong Kong$316M-13%-9%1%n/an/an/a
Ningbo Marine 600798.SSChina$575M-12%+39%3%n/a-7.5%+3.5%
Seanergy Maritime SHIPUnited States$306M-15%+32%37%4.9×-2.5%+20.1%
Rederiaktiebolaget Gotland GOTL-A.STSweden$582M-16%+42%1%66.5×n/an/a
Dong Fang Offshore 7786.TWTaiwan$583M-19%+52%19%11.4×n/an/a
James Fisher and Sons FSJ.LUnited Kingdom$302M-11%-2%6%21.8×9.5%-5.3%

Questions

Which companies are Korea Line's closest peers?
The cockpit's peer set: Euroseas (ESEA), Sea1 Offshore Incorporation (SEA1.OL), Seacon Shipping (2409.HK), Costamare Bulkers (CMDB), Yasuda Logistics (9324.T), Taiwan Navigation (2617.TW), Samudera Shipping Line (S56.SI), Pangaea Logistics Solutions (PANL).
Is Korea Line expensive compared with its peers?
On forward p/e it trades at 2.9× against a peer median of 8.5×, cheapest of 14 in its peer set. For today's price to make sense, revenue must grow about -12% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -20 pp: the price already allows for a slowdown.
How has Korea Line stock performed?
Over six months to 6 Nov 2026 the shares returned -30.1% against -11.8% for the median peer; over one year -1.3%.

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.