Loading…
Korean maker of semiconductor test sockets and probe pins used to test chips during manufacturing.
Korean maker of semiconductor test sockets and probe pins used to test chips during manufacturing.
Sells small spring-loaded pins and sockets that wear out with repeated testing, so demand repeats with chip test volumes and grows with each new chip design that needs a custom socket. Each product has to be qualified by the customer before orders start.
Moat: narrow (IP / patents, customer qualification). Precision test-socket/probe-pin technology qualified into demanding advanced-chip test flows.
Headquarters: Anyang, South Korea · Founded: 1990 · Employees: 677
Size Leeno Industrial (058470.KS) is a South Korea Information Technology company (Semiconductors) with a market value of $2.60B, the 113th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩46,600 on 6 Nov 2026.
Performance Over six months the shares fell 60.9%, against -17.1% for the median peer and -24.5% for the South Korea market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 23.7% over the last twelve months (peer median +26.9%); the operating margin is 49.3% (peer median 7.0%).
Valuation It trades at 19.4× forward earnings against a peer median of 28.0× (8th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -7 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 35.2 points above its cost of capital (8.8% WACC).
Next results Next results expected around 16 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩425B | ₩373B | ₩278B | ₩256B | ₩322B |
| Revenue growth | — | +34% | +9% | -21% | — |
| Gross profit | ₩226B | ₩193B | ₩137B | ₩127B | ₩154B |
| EBITDA | ₩223B | ₩191B | ₩138B | ₩128B | ₩151B |
| Net income | ₩188B | ₩152B | ₩113B | ₩111B | ₩114B |
| Free cash flow | ₩98.5B | ₩120B | ₩98.5B | ₩41.9B | ₩90.3B |
| Capital expenditure | ₩69.0B | ₩60.2B | ₩12.0B | ₩69.0B | ₩18.4B |
| Total debt | ₩212M | ₩113M | ₩182M | ₩182M | ₩242M |
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 |
|---|---|---|---|---|---|---|
| Leeno Industrial 058470.KS | $2.60B | -61% | +24% | 49% | 19.4× | 6.3% |
| ISC 095340.KS | $1.82B | -50% | +61% | 30% | 29.8× | 10.5% |
| MPI 6223.TWO | $10.2B | -31% | +38% | 30% | 37.2× | n/a |
| Yamaichi Electronics 6941.T | $670M | -45% | +29% | 24% | 9.5× | 4.7% |
| Enplas 6961.T | $397M | -59% | +25% | 16% | 9.5× | 5.5% |
| Cohu COHU | $1.82B | -22% | +34% | -2% | 19.3× | 21.5% |
| Yokowo 6800.T | $390M | -40% | +14% | 7% | 10.6× | 13.4% |
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 | 058470.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -45.3% | -21.5% | lowest of 21 |
| 6-month return | -60.9% | -17.1% | lowest of 21 |
| Distance from 52-week high | -63.9% | -54.5% | 3rd lowest of 21 |
| Revenue growth (TTM) | +23.7% | +26.9% | 10th lowest of 21 |
| Operating margin | 49.3% | 7.0% | highest of 21 |
| Forward P/E | 19.4× | 28.0× | 8th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 6.3% | 12.3% | 5th least demanding of 12 |
| Growth delivered (Del g) | +13.1% | +13.3% | 6th lowest of 12 |
| Hurdle (Req g minus delivered) | -6.8 pp | -1.7 pp | 3rd least demanding of 12 |
| ROIC minus cost of capital | +35.2 pp | -3.5 pp | 3rd highest of 21 |
| EV / EBITDA | 13.9× | 13.8× | 5th most expensive of 10 |
| Net debt / EBITDA | -1.9× | -1.8× | 5th least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Leeno Industrial 058470.KS | South Korea | $2.60B | -61% | +24% | 49% | 19.4× | 6.3% | +13.1% |
| Asmedia Technology 5269.TW | Taiwan | $2.60B | -14% | +38% | 25% | 12.5× | 12.3% | +14.0% |
| Ambarella AMBA | United States | $2.58B | -23% | +20% | -15% | 66.0× | n/a | n/a |
| OUST OUST | United States | $2.54B | +38% | +64% | -29% | n/a | n/a | n/a |
| Topco Scientific 5434.TW | Taiwan | $2.68B | +11% | +21% | 7% | 14.3× | 3.8% | +13.3% |
| Simmtech 222800.KS | South Korea | $2.69B | +7% | +42% | 9% | 18.7× | n/a | n/a |
| PENG PENG | United States | $2.52B | -5% | +26% | 10% | 9.2× | n/a | n/a |
| Maxio Technology (Hangzhou) 688449.SS | China | $2.71B | -29% | +40% | 5% | 37.7× | n/a | n/a |
| StarPower Semiconductor 603290.SS | China | $2.50B | -33% | +4% | 1% | 76.8× | 26.3% | +33.0% |
| Shanghai Bright Power Semiconductor 688368.SS | China | $2.72B | -20% | +90% | 6% | 85.4× | 54.1% | +7.3% |
| Great Microwave Technology 688270.SS | China | $2.46B | -41% | +8% | 32% | 69.6× | 48.7% | +23.2% |
| Gpixel Changchun Microelectronics 3277.HK | Hong Kong | $2.45B | -48% | +27% | 33% | 28.0× | 6.9% | +9.7% |
| Wuxi NCE Power 605111.SS | China | $2.45B | -3% | +28% | 19% | 30.4× | 27.2% | +14.5% |
| Hefei Chipmore Technology 688352.SS | China | $2.45B | +7% | -1% | 7% | 53.1× | n/a | n/a |
| IPG Photonics IPGP | United States | $2.78B | -38% | +15% | 5% | 32.8× | 24.8% | -3.5% |
| Sino-American Silicon Products 5483.TWO | Taiwan | $2.80B | 0% | -1% | 12% | 15.8× | n/a | n/a |
| DB HiTek 000990.KS | South Korea | $2.41B | -48% | +29% | 21% | 8.9× | 2.3% | +8.3% |
| Sunrun RUN | United States | $2.40B | -32% | +63% | 2% | 38.7× | n/a | n/a |
| Acter 5536.TWO | Taiwan | $2.39B | -26% | +28% | 16% | 10.0× | -6.0% | +24.3% |
| Holy Stone Enterprise 3026.TW | Taiwan | $2.39B | +91% | +17% | 2% | 21.0× | n/a | n/a |
| MLS 002745.SZ | China | $2.36B | +11% | +19% | -4% | 24.0× | 2.4% | +0.1% |