Korean maker of high-layer-count printed circuit boards used in AI servers, networking switches and telecom gear.
Korean maker of high-layer-count printed circuit boards used in AI servers, networking switches and telecom gear.
Price per board rises with the number of layers, so the move to AI switches and servers lifts revenue per board more than volume does. Part of South Korea's Isu group.
In one line: Korea's TTM Technologies — a high-layer-count PCB specialist..
Moat: narrow (process know-how, scale, customer qualification). One of only a few makers worldwide able to produce 18+ layer boards at volume for AI infrastructure.
Headquarters: Daegu, South Korea · Founded: 1972 · Employees: 1,368
Size Isupetasys (007660.KS) is a South Korea Information Technology company (Electronic Components) with a market value of $3.36B, the 95th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩62,100 on 6 Nov 2026.
Performance Over six months the shares fell 58.7%, against -15.1% for the median peer and -24.5% for the South Korea market (cap-weighted) — 2nd lowest of 20 in its peer set.
Growth Revenue grew 41.9% over the last twelve months (peer median +20.8%); the operating margin is 19.8% (peer median 12.2%).
Valuation It trades at 16.4× forward earnings against a peer median of 30.9× (5th cheapest of 18).
Capital Return on invested capital runs 11.0 points above its cost of capital (10.3% WACC).
Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩1.31T | ₩1.09T | ₩837B | ₩675B | ₩643B |
| Revenue growth | — | +30% | +24% | +5% | — |
| Gross profit | ₩339B | ₩280B | ₩155B | ₩115B | ₩162B |
| EBITDA | ₩295B | ₩235B | ₩127B | ₩77.5B | ₩129B |
| Net income | ₩201B | ₩160B | ₩74.0B | ₩47.7B | ₩102B |
| Free cash flow | -₩82.8B | ₩37.4B | ₩25.0B | -₩16.9B | -₩9.76B |
| Capital expenditure | ₩153B | ₩133B | ₩62.2B | ₩66.3B | ₩39.6B |
| Total debt | ₩275B | ₩241B | ₩250B | ₩230B | ₩207B |
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 |
|---|---|---|---|---|---|---|
| Isupetasys 007660.KS | $3.36B | -59% | +42% | 20% | 16.4× | n/a |
| TTM Technologies TTMI | $7.01B | -58% | +38% | 12% | 8.5× | 24.1% |
| Wus Printed Circuit (Kunshan) 002463.SZ | $21.2B | -29% | +61% | 28% | 18.2× | n/a |
| Unimicron Technology 3037.TW | $35.4B | -19% | +33% | 13% | 20.1× | 45.9% |
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 | 007660.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -49.1% | -20.6% | 2nd lowest of 21 |
| 6-month return | -58.7% | -15.1% | 2nd lowest of 20 |
| Distance from 52-week high | -62.2% | -45.7% | 4th lowest of 21 |
| Revenue growth (TTM) | +41.9% | +20.8% | 6th highest of 21 |
| Operating margin | 19.8% | 12.2% | 6th highest of 21 |
| Forward P/E | 16.4× | 30.9× | 5th cheapest of 18 |
| ROIC minus cost of capital | +11.0 pp | -1.0 pp | 3rd highest of 21 |
| EV / EBITDA | 15.6× | 18.0× | 3rd cheapest of 7 |
| Net debt / EBITDA | 0.1× | -0.8× | 3rd most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Isupetasys 007660.KS | South Korea | $3.36B | -59% | +42% | 20% | 16.4× | n/a | n/a |
| Pantum Technology 002180.SZ | China | $3.39B | -16% | -59% | 0% | 69.9× | 30.6% | -4.8% |
| Castech 002222.SZ | China | $3.28B | -46% | +40% | 32% | 56.7× | n/a | n/a |
| Shanghai Precilasers Technology 688826.SS | China | $3.27B | n/a | +43% | 40% | n/a | n/a | n/a |
| Guizhou Space Appliance 002025.SZ | China | $3.56B | -29% | +22% | 3% | 63.7× | n/a | n/a |
| VisEra Technologies 6789.TW | Taiwan | $3.16B | -46% | -5% | 14% | 49.7× | 44.5% | +5.2% |
| Xiamen Faratronic 600563.SS | China | $3.58B | -10% | +10% | 23% | 18.4× | 8.0% | +23.1% |
| Suntak Technology 002815.SZ | China | $3.61B | +2% | +31% | 10% | n/a | n/a | n/a |
| Hamamatsu Photonics K.K 6965.T | Japan | $3.69B | -7% | +10% | 9% | 30.9× | 27.8% | +8.6% |
| Caihong Display Devices 600707.SS | China | $3.70B | -15% | -3% | 4% | 11.6× | 2.9% | +1.7% |
| Walsin Technology 2492.TW | Taiwan | $3.79B | +74% | +8% | 8% | 37.6× | 36.0% | +0.5% |
| China Zhenhua (Group) Science & Technology 000733.SZ | China | $2.93B | -17% | -1% | 14% | 23.3× | 4.0% | +7.8% |
| Citizen Watch 7762.T | Japan | $2.90B | +3% | +17% | 10% | 12.8× | 10.1% | +10.9% |
| Bel Fuse BELFA | United States | $2.87B | -38% | +21% | 17% | 13.5× | 18.0% | +7.7% |
| Shenzhen Jpt Opto-Electronics 688025.SS | China | $3.97B | -22% | +69% | 18% | 43.3× | 44.7% | +19.4% |
| MLOPTIC 688502.SS | China | $2.78B | -26% | +44% | 5% | 204.0× | n/a | n/a |
| Optics Technology 300489.SZ | China | $4.07B | +101% | +40% | 11% | 125.0× | n/a | n/a |
| Delton Technology (Guangzhou) 1989.HK | Hong Kong | $4.09B | -73% | +86% | 25% | 10.6× | n/a | n/a |
| Hirose Electric 6806.T | Japan | $4.23B | -4% | +21% | 22% | 17.5× | 8.4% | +9.6% |
| Shenzhen JOVE Enterprise 300814.SZ | China | $2.65B | -14% | +44% | 7% | n/a | n/a | n/a |
| Knowles KN | United States | $2.65B | -11% | +16% | 15% | 19.1× | 26.3% | -4.9% |