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← CockpitCompetitor Analysis › 099320.KS Satrec Initiative Co., Ltd.Open in the cockpit ↗

Satrec Initiative Co., Ltd.099320.KSCompetitor analysis, valuation and peers

South Korea · KRW·Information Technology›Telecommunications Equipment
Momentum laggard 10
Mkt cap
$405M
US dollars, full cap
Free float
54%
of shares outstanding
$/day
$2.44M
20-day average traded
Fwd P/E
34.2×
forward earnings
ROIC−WACC
-7.3 pp
WACC 10.8%
Hurdle
n/a
no reverse DCF
Next earnings
131 days
17 Mar 2027
Close · KRW₩50,200
1D-8.2%
1W-9.4%
1M-33.2%
3M-31.5%
6M-69.8%
YTD-26.8%
1Y-16.6%
ATR %9.1%
52w lowhigh77.6% off high

What Satrec Initiative does

Employees: 513

Satrec Initiative at a glance

Size Satrec Initiative (099320.KS) is a South Korea Information Technology company (Telecommunications Equipment) with a market value of $405M, the 389th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩50,200 on 6 Nov 2026.

Performance Over six months the shares fell 69.8%, against -27.5% for the median peer and -24.5% for the South Korea market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue grew 18.1% over the last twelve months (peer median -0.3%); the operating margin is 5.2% (peer median -1.4%).

Valuation It trades at 34.2× forward earnings against a peer median of 28.2× (3rd most expensive of 6).

Capital Return on invested capital runs 7.3 points below its cost of capital (10.8% WACC).

Next results Next results expected around 17 Mar 2027 (exchange calendar; dates can move).

Relative performance

25507510011 May 202611 Aug 20266 Nov 2026Peer median 72099320.KS 30
Six months, rebased to 100: Satrec Initiative against the median of its 20 peers (local-currency closes).

Satrec Initiative financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩216B₩207B₩171B₩125B₩91.4B
Revenue growth—+21%+37%+37%—
Gross profitn/a₩32.8B₩25.9B₩14.7B₩6.32B
EBITDAn/a₩16.6B₩4.12B₩2.23B-₩1.74B
Net income₩10.3B₩15.3B₩7.91B₩43.9B-₩2.27B
Free cash flown/a-₩97.0B₩53.5B-₩17.7B₩4.59B
Capital expendituren/a₩25.1B₩23.0B₩51.3B₩26.8B
Total debtn/a₩22.1B₩12.9B₩4.66B₩55.3B

Quarterly statements and history in the cockpit →

Satrec Initiative 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%-30%-20%-10%0028690167688283464A603042CLFD0028353002506880306001304906NAPA30027068093002643010420028293004493007102342099320.KS6-month return →1-month return →
Up and to the right = strong over both horizons. Satrec Initiative is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%20×40×688283464ACLFD688030002829099320.KSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Satrec Initiative is the large dot.

Satrec Initiative competitors and peer comparison

How Satrec Initiative 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.

Satrec Initiative against its 20 peers (data as of 6 Nov 2026)
Measure099320.KSPeer medianRank in peer set
1-month return-33.2%-15.9%lowest of 21
6-month return-69.8%-27.5%lowest of 21
Distance from 52-week high-77.6%-47.1%lowest of 21
Revenue growth (TTM)+18.1%-0.3%6th highest of 21
Operating margin5.2%-1.4%6th highest of 21
Forward P/E34.2×28.2×3rd most expensive of 6
ROIC minus cost of capital-7.3 pp-10.9 pp7th highest of 21

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
Satrec Initiative 099320.KSSouth Korea$405M-70%+18%5%34.2×n/an/a
Shenzhen Genvict Technologies 002869.SZChina$404M-27%-26%-39%n/an/an/a
IDT International 0167.HKHong Kong$401M+4%+2,165%4%n/an/an/a
Chengdu KSW Technologies 688283.SSChina$411M-45%-4%3%45.0×n/an/a
QPS 464A.TJapan$417M-53%+91%3%28.2×n/an/a
Nanjing Huamai Technology 603042.SSChina$389M-21%+7%10%n/a10.2%-6.7%
Clearfield CLFDUnited States$389M-28%-27%2%48.5×42.9%+10.0%
Shenzhen Tvt Digital Technology 002835.SZChina$422M-17%+18%10%n/an/an/a
Hangzhou CNCR-IT 300250.SZChina$423M-30%+1%-2%n/a49.9%-10.0%
Hillstone Networks 688030.SSChina$386M-14%-8%-16%23.8×n/an/a
Ningbo Bird 600130.SSChina$428M-16%+26%-1%n/an/an/a
GemTek Technology 4906.TWTaiwan$433M-10%-36%-2%n/an/an/a
Napatech A/S NAPA.OLNorway$434M-19%+35%-29%n/an/an/a
Joyware Electronics 300270.SZChina$376M-38%+66%-7%n/a10.1%-4.2%
Toa 6809.TJapan$362M-5%+12%10%n/a-10.6%+6.4%
AVIT 300264.SZChina$361M-40%-63%-68%n/an/an/a
Zhuhai Raysharp Technology 301042.SZChina$357M-68%-1%6%n/an/an/a
Beijing StarNeto Technology 002829.SZChina$460M-33%-25%-70%11.3×n/an/a
Beijing Hanbang Technology 300449.SZChina$353M-19%-11%-40%n/a29.0%-17.4%
Hangzhou Prevail Optoelectronic Equipment 300710.SZChina$352M-28%-15%-19%n/a58.6%-12.0%
Comba Telecom Systems 2342.HKHong Kong$352M-44%+4%5%n/a-7.5%-2.0%

Questions

Which companies are Satrec Initiative's closest peers?
The cockpit's peer set: Shenzhen Genvict Technologies (002869.SZ), IDT International (0167.HK), Chengdu KSW Technologies (688283.SS), QPS (464A.T), Nanjing Huamai Technology (603042.SS), Clearfield (CLFD), Shenzhen Tvt Digital Technology (002835.SZ), Hangzhou CNCR-IT (300250.SZ).
Is Satrec Initiative expensive compared with its peers?
On forward p/e it trades at 34.2× against a peer median of 28.2×, 3rd most expensive of 6 in its peer set.
How has Satrec Initiative stock performed?
Over six months to 6 Nov 2026 the shares returned -69.8% against -27.5% for the median peer; over one year -16.6%.

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.