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← CockpitCompetitor Analysis › 079550.KS LIG Defense&AerospaceOpen in the cockpit ↗

LIG Defense&Aerospace079550.KSCompetitor analysis, valuation and peers

South Korea · KRW·Industrials›Aerospace & Defense

Korean defense electronics maker of precision-guided missiles, radar and naval sonar/combat systems for the South Korean military.

≈ Korea's Raytheon — missiles, radar and combat electronics.Momentum laggard 1
Mkt cap
$5.24B
US dollars, full cap
Free float
56%
of shares outstanding
$/day
$55.8M
20-day average traded
Fwd P/E
20.0×
forward earnings
ROIC−WACC
+0.8 pp
WACC 7.0%
Hurdle
n/a
no reverse DCF
Close · KRW₩326,000
1D-9.1%
1W-21.6%
1M-50.5%
3M-59.3%
6M-65.4%
YTD-22.2%
1Y-35.4%
ATR %12.3%
52w lowhigh70.8% off high

What LIG Defense&Aerospace does

Korean defense electronics maker of precision-guided missiles, radar and naval sonar/combat systems for the South Korean military.

Paid through multi-year contracts from the Korean state's defence procurement, first for development and then for serial production, followed by upkeep on installed systems. Export contracts for its air-defence missiles in the Middle East widen the base. Formerly known as LIG Nex1.

In one line: Korea's Raytheon — missiles, radar and combat electronics..

Products and services

  • Guided missiles (Cheongung/KM-SAM air defense)
  • Radar systems
  • Naval sonar/combat systems
  • Electronic warfare systems
  • UAVs

Customers

  • Republic of Korea Armed Forces
  • Korean Navy
  • export customers (Middle East, Southeast Asia)

Where it sits in the supply chain

  • Defense electronics
  • Guided weapons & sensors
  • Missiles, radar, sonar, electronic…

What could go right

  • Korean defense budget growth
  • Missile-defense export orders

What could go wrong

  • Concentration in a single customer (ROK government)
  • Program timing and budget-cycle risk

Moat: narrow (government relationships, IP/patents, process know-how). Sole/lead supplier on several Korean missile and radar programs tied to national defense procurement.

Headquarters: Yongin, South Korea · Employees: 5,382

Named competitors

LIG Defense&Aerospace at a glance

Size LIG Defense&Aerospace (079550.KS) is a South Korea Industrials company (Aerospace & Defense) with a market value of $5.24B, the 77th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩326,000 on 6 Nov 2026.

Performance Over six months the shares fell 65.4%, 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 25.8% over the last twelve months (peer median +27.4%); the operating margin is 7.5% (peer median 4.8%).

Valuation It trades at 20.0× forward earnings against a peer median of 47.2× (3rd cheapest of 18).

Capital Return on invested capital runs 0.8 points above its cost of capital (7.0% WACC).

Relative performance

507510011 May 202611 Aug 20266 Nov 2026Peer median 82079550.KS 33
Six months, rebased to 100: LIG Defense&Aerospace against the median of its 20 peers (local-currency closes).

LIG Defense&Aerospace financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩4.73T₩4.31T₩3.28T₩2.31T₩2.22T
Revenue growth—+31%+42%+4%—
Gross profit₩777B₩634B₩437B₩338B₩324B
EBITDA₩506B₩402B₩290B₩235B₩223B
Net income₩286B₩253B₩219B₩175B₩123B
Free cash flow-₩1.31T-₩789B₩447B₩401B₩378B
Capital expenditure₩330B₩281B₩575B₩90.0B₩78.4B
Total debt₩1.75T₩951B₩439B₩253B₩366B

Quarterly statements and history in the cockpit →

LIG Defense&Aerospace 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%0%+20%-50%-25%0%+25%AMTM600562301696AVAVJOBYKRMNHXLAIRBETA600879KTOSBDL272210LOARR3NK600316079550.KS6-month return →1-month return →
Up and to the right = strong over both horizons. LIG Defense&Aerospace is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%0×50×100×AMTM600562AVAVKRMNHXLMRCYAIR600879KTOSBDL272210688297LOARR3NK600316047810000738079550.KSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. LIG Defense&Aerospace is the large dot.

LIG Defense&Aerospace competitors and peer comparison

Head to head with its named competitors (079550.KS vs 272210.KS vs RTX vs HO.PA)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
LIG Defense&Aerospace 079550.KS$5.24B-65%+26%8%20.0×n/a
Hanwha Systems 272210.KS$6.93B-57%+30%6%82.5×n/a
RTX RTX$256B+8%+12%11%24.4×8.4%
Thales HO.PA$51.1B-1%+7%11%20.6×-2.8%
Leonardo LDO.MI$31.0B-4%+10%7%20.2×14.3%

How LIG Defense&Aerospace 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.

LIG Defense&Aerospace against its 20 peers (data as of 6 Nov 2026)
Measure079550.KSPeer medianRank in peer set
1-month return-50.5%-1.0%lowest of 21
6-month return-65.4%-17.1%lowest of 21
Distance from 52-week high-70.8%-43.5%4th lowest of 21
Revenue growth (TTM)+25.8%+27.4%11th highest of 21
Operating margin7.5%4.8%9th highest of 21
Forward P/E20.0×47.2×3rd cheapest of 18
ROIC minus cost of capital+0.8 pp-2.8 pp3rd highest of 20
EV / EBITDA17.5×30.9×4th cheapest of 11
Net debt / EBITDA3.3×2.3×4th most indebted of 12

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
LIG Defense&Aerospace 079550.KSSouth Korea$5.24B-65%+26%8%20.0×n/an/a
Amentum AMTMUnited States$5.20B-13%+11%4%8.4×1.7%+23.3%
Glarun Technology 600562.SSChina$5.43B+6%-8%21%51.7×n/an/a
Nanchang Sanrui Intelligence Technology 301696.SZChina$4.87B-14%+29%45%n/a36.1%+43.7%
AeroVironment AVAVUnited States$5.73B-33%+84%1%33.5×n/an/a
Joby Aviation JOBYUnited States$5.89B-45%+118,568%-754%n/an/an/a
Karman KRMNUnited States$6.04B-25%+50%19%57.5×n/an/a
Hexcel HXLUnited States$6.09B-16%+8%11%29.6×23.0%+4.5%
Mercury Systems MRCYUnited States$4.48B-19%+8%2%44.2×59.6%+1.3%
Aar AIRUnited States$4.39B-7%+22%9%18.4×13.2%+14.9%
BETA Technologies BETAUnited States$6.37B+45%+136%-1,033%n/an/an/a
China Aerospace Times Electronics 600879.SSChina$6.43B-46%-13%1%130.0×n/an/a
Kratos Defense & Security Solutions KTOSUnited States$6.59B-39%+26%2%36.4×n/an/a
Bharat Dynamics BDL.NSIndia$4.12B-28%-19%10%47.2×n/an/a
Hanwha Systems 272210.KSSouth Korea$6.93B-57%+30%6%82.5×n/an/a
Avic (Chengdu) UAS 688297.SSChina$3.93B-15%+74%0%106.5×n/an/a
Loar LOARUnited States$7.05B+26%+30%25%52.2×29.1%+27.5%
RENK R3NK.DEGermany$3.84B-24%+11%13%21.1×29.8%+54.5%
Jiangxi Hongdu Aviation Industry 600316.SSChina$3.77B-4%+62%0%121.0×53.4%+8.0%
Korea Aerospace 047810.KSSouth Korea$7.37B-39%+44%6%45.4×n/an/a
AECC Aero-engine Control 000738.SZChina$3.66B-10%-3%3%64.0×n/an/a

Questions

Who are LIG Defense&Aerospace's main competitors?
Named competitors: Hanwha Systems (272210.KS), RTX (Raytheon) (RTX), Thales (HO.PA), Leonardo (LDO.MI), Israel Aerospace Industries (private or unlisted). The cockpit's measured peer set (industry) also includes Amentum (AMTM), Glarun Technology (600562.SS), Nanchang Sanrui Intelligence Technology (301696.SZ), AeroVironment (AVAV), Joby Aviation (JOBY), Karman (KRMN).
Is LIG Defense&Aerospace expensive compared with its peers?
On forward p/e it trades at 20.0× against a peer median of 47.2×, 3rd cheapest of 18 in its peer set.
How has LIG Defense&Aerospace stock performed?
Over six months to 6 Nov 2026 the shares returned -65.4% against -17.1% for the median peer; over one year -35.4%.

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.