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← CockpitCompetitor Analysis › 014620.KS SUNG KWANG BEND Co., Ltd.Open in the cockpit ↗

SUNG KWANG BEND Co., Ltd.014620.KSCompetitor analysis, valuation and peers

South Korea · KRW·Industrials›Metal Fabrication
Momentum weak 28
Mkt cap
$421M
US dollars, full cap
Free float
60%
of shares outstanding
$/day
$3.16M
20-day average traded
Fwd P/E
15.8×
forward earnings
ROIC−WACC
+1.0 pp
WACC 5.5%
Hurdle
-11 pp
Req g minus delivered
Next earnings
12 days
18 Nov 2026
Close · KRW₩21,500
1D-24.3%
1W-18.4%
1M-26.9%
3M-19.2%
6M-53.7%
YTD-16.5%
1Y-33.7%
ATR %10.4%
52w lowhigh59.7% off high

What SUNG KWANG BEND does

Employees: 313

SUNG KWANG BEND at a glance

Size SUNG KWANG BEND (014620.KS) is a South Korea Industrials company (Metal Fabrication) with a market value of $421M, the 378th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩21,500 on 6 Nov 2026.

Performance Over six months the shares fell 53.7%, against -23.1% 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 9.6% over the last twelve months (peer median +7.9%); the operating margin is 15.0% (peer median 5.8%).

Valuation It trades at 15.8× forward earnings against a peer median of 13.7× (4th most expensive of 10).

Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -11 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.0 points above its cost of capital (5.5% WACC).

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

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 76014620.KS 46
Six months, rebased to 100: SUNG KWANG BEND against the median of its 20 peers (local-currency closes).

SUNG KWANG BEND financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩247B₩246B₩228B₩255B₩244B
Revenue growth—+8%-11%+4%—
Gross profit₩99.5B₩86.2B₩75.5B₩75.6B₩59.8B
EBITDA₩41.2B₩46.2B₩46.2B₩48.9B₩30.7B
Net income₩36.8B₩34.4B₩41.0B₩39.2B₩39.2B
Free cash flow₩42.7B₩33.4B₩25.5B₩32.8B₩20.4B
Capital expenditure₩3.88B₩5.46B₩2.94B₩2.67B₩997M
Total debt₩2.00B₩2.00B₩2.17B₩2.17B₩171M

Quarterly statements and history in the cockpit →

SUNG KWANG BEND 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

-50%0%+50%-40%-20%0%603577300771HARSHA00126877442953100030386282CIX58516581000890002921NL124500IIIN301160014620.KS6-month return →1-month return →
Up and to the right = strong over both horizons. SUNG KWANG BEND is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%10×20×30×40×HARSHA774429531000303858515007NLIIIN301160014620.KSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. SUNG KWANG BEND is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%60357730077177446282CIX58516581000890NL124500301160014620.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. SUNG KWANG BEND is the large dot.

SUNG KWANG BEND competitors and peer comparison

How SUNG KWANG BEND 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.

SUNG KWANG BEND against its 20 peers (data as of 6 Nov 2026)
Measure014620.KSPeer medianRank in peer set
1-month return-26.9%-12.3%3rd lowest of 21
6-month return-53.7%-23.1%3rd lowest of 20
Distance from 52-week high-59.7%-32.3%4th lowest of 21
Revenue growth (TTM)+9.6%+7.9%10th highest of 21
Operating margin15.0%5.8%5th highest of 21
Forward P/E15.8×13.7×4th most expensive of 10
Growth the price implies (Req g, 7 yrs)-5.0%4.3%5th least demanding of 14
Growth delivered (Del g)+6.3%+6.7%6th lowest of 14
Hurdle (Req g minus delivered)-11.3 pp-4.0 pp4th least demanding of 14
ROIC minus cost of capital+1.0 pp-0.8 pp10th highest of 21
EV / EBITDA10.5×12.5×5th cheapest of 13
Net debt / EBITDA-3.4×0.0×2nd least indebted of 17

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
SUNG KWANG BEND 014620.KSSouth Korea$421M-54%+10%15%15.8×-5.0%+6.3%
Qingdao Huijintong Power Equipment 603577.SSChina$431M-23%-16%4%n/a13.1%+16.7%
Shenzhen Zhilai Sci & Tech 300771.SZChina$437M-28%+10%6%n/a6.9%-10.4%
Harsha Engineers International HARSHA.NSIndia$440M+4%+20%12%22.9×n/an/a
Guangdong Yangshan United Precision Manufacturing 001268.SZChina$445M-28%-14%-5%n/an/an/a
W&B Technology 7744.TWOTaiwan$396M-29%+177%26%13.0×6.7%+49.1%
Hvm 295310.KSSouth Korea$389M-53%+75%8%38.9×n/an/a
Anhui Xinbo Aluminum 003038.SZChina$379M-29%+6%-3%6.3×n/an/a
Earth-Panda Advanced Magnetic Material 688077.SSChina$378M-27%+36%2%n/an/an/a
Oiles 6282.TJapan$473M-5%+1%10%n/a-5.7%+5.4%
CompX International CIXUnited States$477M+63%+6%16%n/a6.6%+6.7%
Ryobi 5851.TJapan$486M-5%+3%4%7.4×4.3%+12.6%
Taiwan Steel Union 6581.TWTaiwan$363M0%+6%46%n/a-7.6%+6.4%
Jiangsu Fasten 000890.SZChina$359M-64%+30%-10%n/a29.1%-7.8%
Shandong Liancheng Precision Manufacturing 002921.SZChina$357M-46%+20%1%n/an/an/a
San Shing Fastech 5007.TWTaiwan$500M-3%-4%18%15.4×-5.1%+4.1%
CMR Green Technologies CMRGREEN.NSIndia$502Mn/a+29%4%n/an/an/a
NLI NLUnited States$349M+19%+6%11%8.2×2.7%+6.7%
Itcenglobal 124500.KSSouth Korea$343M-63%+103%3%n/a-17.9%+31.3%
Insteel Industries IIINUnited States$518M-1%+14%5%13.7×1.4%+4.6%
Suzhou Xianglou New Material 301160.SZChina$519M-22%+2%13%26.9×14.3%+16.2%

Questions

Which companies are SUNG KWANG BEND's closest peers?
The cockpit's peer set: Qingdao Huijintong Power Equipment (603577.SS), Shenzhen Zhilai Sci & Tech (300771.SZ), Harsha Engineers International (HARSHA.NS), Guangdong Yangshan United Precision Manufacturing (001268.SZ), W&B Technology (7744.TWO), Hvm (295310.KS), Anhui Xinbo Aluminum (003038.SZ), Earth-Panda Advanced Magnetic Material (688077.SS).
Is SUNG KWANG BEND expensive compared with its peers?
On forward p/e it trades at 15.8× against a peer median of 13.7×, 4th most expensive of 10 in its peer set. For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -11 pp: the price already allows for a slowdown.
How has SUNG KWANG BEND stock performed?
Over six months to 6 Nov 2026 the shares returned -53.7% against -23.1% for the median peer; over one year -33.7%.

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.