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MiCo Ltd.059090.KSCompetitor analysis, valuation and peers

South Korea · KRW·Information Technology›Semiconductors
Momentum leader 80
Mkt cap
$431M
US dollars, full cap
Free float
69%
of shares outstanding
$/day
$8.33M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-3.3 pp
WACC 5.9%
Hurdle
n/a
no reverse DCF
Close · KRW₩18,600
1D-7.2%
1W-19.8%
1M-18.6%
3M+17.0%
6M-17.9%
YTD+39.0%
1Y+21.6%
ATR %11.6%
52w lowhigh36.4% off high

What MiCo does

Employees: 207

MiCo at a glance

Size MiCo (059090.KS) is a South Korea Information Technology company (Semiconductors) with a market value of $431M, the 369th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩18,600 on 6 Nov 2026.

Performance Over six months the shares fell 17.9%, against -21.4% for the median peer and -24.5% for the South Korea market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue grew 60.4% over the last twelve months (peer median +6.5%); the operating margin is 6.1% (peer median 1.4%).

Valuation It trades at 1.6× enterprise value to sales against a peer median of 3.8× (5th cheapest of 21).

Capital Return on invested capital runs 3.3 points below its cost of capital (5.9% WACC).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 79059090.KS 71
Six months, rebased to 100: MiCo against the median of its 20 peers (local-currency closes).

MiCo financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩1.18T₩977B₩541B₩382B₩415B
Revenue growth—+81%+42%-8%—
Gross profit₩340B₩314B₩248B₩150B₩186B
EBITDA₩156B₩176B₩142B₩77.8B₩105B
Net income₩16.2B₩29.5B₩6.15B-₩27.3B-₩55.2B
Free cash flow-₩325B-₩297B-₩82.9B-₩5.96B₩28.8B
Capital expenditure₩390B₩325B₩209B₩48.7B₩52.0B
Total debt₩1.38T₩1.12T₩520B₩333B₩231B

Quarterly statements and history in the cockpit →

MiCo 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

-60%-40%-20%-40%-20%696264436036286920ALSEM78533234INDI68825923406138688620101490685549714977300301301636688216031330059090.KS6-month return →1-month return →
Up and to the right = strong over both horizons. MiCo is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%0×10×20×696264436036286920ALSEM78533234INDI68825923406138688620101490685549714977300301301636688216031330059090.KSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. MiCo is the large dot.

MiCo competitors and peer comparison

How MiCo 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.

MiCo against its 20 peers (data as of 6 Nov 2026)
Measure059090.KSPeer medianRank in peer set
1-month return-18.6%-25.9%8th highest of 21
6-month return-17.9%-21.4%8th highest of 21
Distance from 52-week high-36.4%-49.5%3rd highest of 21
Revenue growth (TTM)+60.4%+6.5%3rd highest of 21
Operating margin6.1%1.4%6th highest of 20
EV / Sales1.6×3.8×5th cheapest of 21
ROIC minus cost of capital-3.3 pp-6.3 pp7th highest of 19
EV / EBITDA12.2×8.7×3rd most expensive of 8
Net debt / EBITDA4.9×-0.7×2nd most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
MiCo 059090.KSSouth Korea$431M-18%+60%6%1.6×n/an/a
ITH 6962.TWTaiwan$436M-17%-3%2%0.6×1.4%-4.9%
TSEC 6443.TWTaiwan$423M-31%-55%-122%11.6×n/an/a
Clenergy Technology 603628.SSChina$441M-13%-21%4%2.3×13.0%+18.4%
Phoenix Pioneer Technology 6920.TWOTaiwan$442M-44%+32%-10%8.8×n/an/a
SEMCO Technologies ALSEM.PAFrance$421M-34%+7%n/a9.8×26.2%n/a
Cheng Mei Instrument Technology 7853.TWOTaiwan$442M-20%+2%-46%37.8×n/an/a
Truelight 3234.TWOTaiwan$443M+8%+10%-24%20.9×n/an/a
indie Semiconductor INDIUnited States$420M-58%+6%-62%3.2×n/an/a
Triductor Technology (Suzhou) 688259.SSChina$446M-30%-32%-16%8.3×55.4%+11.6%
Taiwan-Asia Semiconductor 2340.TWTaiwan$448M-19%0%-26%4.2×n/an/a
Anpec Electronics 6138.TWOTaiwan$449M-20%+18%19%1.6×-1.6%+6.8%
Guangzhou Anyka Microelectronics 688620.SSChina$449M-11%+70%1%3.2×n/an/a
S & S Tech 101490.KSSouth Korea$451M-71%+20%20%2.2×n/an/a
Japan Electronic Materials 6855.TJapan$451M-31%+38%26%1.6×10.9%+9.7%
IntelliEPI Inc. (Cayman) 4971.TWOTaiwan$452M-60%+31%19%12.9×n/an/a
PCL Technologies 4977.TWTaiwan$454M-23%-26%2%13.1×n/an/a
Shenzhen Changfang 300301.SZChina$406M-9%-11%-23%6.9×n/an/a
Zerun 301636.SZChina$405M-32%-5%0%2.8×n/an/a
China Chippacking Technology 688216.SSChina$463M-14%+56%2%3.3×20.2%+7.0%
SAMT 031330.KSSouth Korea$464M-9%+104%8%0.2×n/an/a

Questions

Which companies are MiCo's closest peers?
The cockpit's peer set: ITH (6962.TW), TSEC (6443.TW), Clenergy Technology (603628.SS), Phoenix Pioneer Technology (6920.TWO), SEMCO Technologies (ALSEM.PA), Cheng Mei Instrument Technology (7853.TWO), Truelight (3234.TWO), indie Semiconductor (INDI).
Is MiCo expensive compared with its peers?
On ev / sales it trades at 1.6× against a peer median of 3.8×, 5th cheapest of 21 in its peer set.
How has MiCo stock performed?
Over six months to 6 Nov 2026 the shares returned -17.9% against -21.4% for the median peer; over one year +21.6%.

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.