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Korean OEM/ODM manufacturer of outdoor and sports apparel for global brands, and owner of ski/bike maker Scott Sports.
Korean OEM/ODM manufacturer of outdoor and sports apparel for global brands, and owner of ski/bike maker Scott Sports.
Makes goods to order to the brands' own designs, so it is paid per garment with little say over price; brands place seasonal orders from its Asian factories, with Bangladesh a major base. Scott Sports adds an own-brand business with different seasonal and inventory risks.
Moat: narrow (scale, customer qualification). Large, vertically-integrated manufacturing base trusted by major global outdoor brands.
Headquarters: Seoul, South Korea · Founded: 1974 · Employees: 351
Size Youngone (111770.KS) is a South Korea Consumer Discretionary company (Apparel/Footwear) with a market value of $2.27B, the 125th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩72,300 on 6 Nov 2026.
Performance Over six months the shares fell 12.8%, against +2.0% for the median peer and -24.5% for the South Korea market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue grew 15.3% over the last twelve months (peer median +4.1%); the operating margin is 13.5% (peer median 9.1%).
Valuation It trades at 5.5× forward earnings against a peer median of 13.7× (2nd cheapest of 20).
Capital Return on invested capital runs 6.1 points above its cost of capital (5.3% WACC).
Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩4.34T | ₩4.06T | ₩3.52T | ₩3.60T | ₩3.91T |
| Revenue growth | — | +16% | -2% | -8% | — |
| Gross profit | ₩1.17T | ₩1.06T | ₩847B | ₩1.11T | ₩1.28T |
| EBITDA | ₩700B | ₩627B | ₩422B | ₩735B | ₩919B |
| Net income | ₩591B | ₩492B | ₩427B | ₩516B | ₩675B |
| Free cash flow | ₩317B | ₩152B | ₩507B | ₩354B | ₩313B |
| Capital expenditure | ₩221B | ₩230B | ₩124B | ₩181B | ₩154B |
| Total debt | ₩596B | ₩538B | ₩443B | ₩686B | ₩510B |
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 |
|---|---|---|---|---|---|---|
| Youngone 111770.KS | $2.27B | -13% | +15% | 14% | 5.5× | n/a |
| YoungoneHoldings 009970.KS | $1.42B | -11% | +14% | 15% | 6.5× | n/a |
| Shenzhou Intl 2313.HK | $8.08B | -7% | +2% | 16% | 11.8× | -4.5% |
| Makalot Industrial 1477.TW | $1.59B | +1% | -2% | 14% | 12.8× | -8.0% |
| Eclat Textile 1476.TW | $2.88B | +3% | 0% | 20% | 13.7× | -8.9% |
| Pou Chen 9904.TW | $2.29B | 0% | -7% | 3% | 7.3× | 5.9% |
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 | 111770.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.1% | +5.1% | 8th lowest of 21 |
| 6-month return | -12.8% | +2.0% | 2nd lowest of 21 |
| Distance from 52-week high | -29.9% | -20.6% | 5th lowest of 21 |
| Revenue growth (TTM) | +15.3% | +4.1% | 4th highest of 21 |
| Operating margin | 13.5% | 9.1% | 7th highest of 21 |
| Forward P/E | 5.5× | 13.7× | 2nd cheapest of 20 |
| ROIC minus cost of capital | +6.1 pp | +6.8 pp | 11th highest of 21 |
| EV / EBITDA | 3.4× | 9.4× | cheapest of 17 |
| Net debt / EBITDA | -1.1× | -0.1× | 6th least indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Youngone 111770.KS | South Korea | $2.27B | -13% | +15% | 14% | 5.5× | n/a | n/a |
| Pou Chen 9904.TW | Taiwan | $2.29B | 0% | -7% | 3% | 7.3× | 5.9% | +0.1% |
| Under Armour UA | United States | $2.23B | -19% | -3% | 1% | 83.9× | n/a | n/a |
| Zhejiang Semir Garment 002563.SZ | China | $2.42B | -1% | +4% | 7% | 14.8× | -8.1% | -0.1% |
| Mizuno 8022.T | Japan | $2.10B | +27% | +10% | 9% | 15.9× | 4.9% | +11.5% |
| BIEM.L.FDLKK Garment 002832.SZ | China | $2.46B | +42% | +23% | 15% | 20.4× | 0.0% | +13.3% |
| Feng Tay Enterprise 9910.TW | Taiwan | $2.08B | 0% | -4% | 7% | 15.0× | -5.9% | +3.9% |
| Goldwin 8111.T | Japan | $1.93B | -1% | +4% | 18% | 12.7× | -6.3% | +8.7% |
| Vestis VSTS | United States | $1.88B | +54% | 0% | 4% | 20.0× | 15.8% | +1.3% |
| Yue Yuen Industrial (Holdings) 0551.HK | Hong Kong | $2.75B | -7% | -3% | 3% | 13.6× | 2.4% | -0.9% |
| Star Shine 1440.HK | Hong Kong | $2.85B | +34% | -33% | -3% | n/a | n/a | n/a |
| F&F 383220.KS | South Korea | $1.80B | -3% | +7% | 25% | 5.1× | n/a | n/a |
| Eclat Textile 1476.TW | Taiwan | $2.88B | +3% | 0% | 20% | 13.7× | -8.9% | +6.2% |
| Steven Madden SHOO | United States | $2.89B | -3% | +18% | 9% | 17.5× | 5.9% | +16.1% |
| Hugo Boss BOSS.DE | Germany | $2.90B | +8% | -5% | 8% | 15.4× | -6.6% | +17.0% |
| Crystal International 2232.HK | Hong Kong | $2.92B | +23% | +4% | 10% | 11.4× | -5.3% | +6.0% |
| Wolverine World Wide WWW | United States | $1.75B | +28% | +7% | 9% | 12.1× | 9.1% | +0.9% |
| Makalot Industrial 1477.TW | Taiwan | $1.59B | +1% | -2% | 14% | 12.8× | -8.0% | +6.7% |
| FIGS FIGS | United States | $3.29B | +37% | +25% | 10% | 54.0× | 25.5% | +19.1% |
| Misto 081660.KS | South Korea | $1.51B | -5% | +8% | 13% | 6.4× | -13.9% | +7.4% |
| JNBY Design 3306.HK | Hong Kong | $1.47B | +7% | +12% | 20% | 9.4× | -7.4% | +6.9% |