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Korean maker of atomic force microscopes used for nanoscale surface measurement in semiconductor and materials research.
Korean maker of atomic force microscopes used for nanoscale surface measurement in semiconductor and materials research.
Sells instruments one at a time at high unit prices, with most sales outside Korea and a growing share to chip fabs that use the instrument in production lines, not just in labs. Founder Sang-il Park, a former Stanford researcher, remains the controlling shareholder.
In one line: Korea's answer to Bruker/Asylum Research in AFM.
Moat: narrow (IP / patents, process know-how). Patented true non-contact AFM technology gives higher measurement accuracy than rivals.
Headquarters: Suwon, South Korea · Founded: 1997 · Employees: 392
Size Park Systems (140860.KS) is a South Korea Information Technology company (Electronic Equipment/Instruments) with a market value of $965M, the 238th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩188,300 on 6 Nov 2026.
Performance Over six months the shares fell 34.8%, against -17.5% for the median peer and -24.5% for the South Korea market (cap-weighted) — 6th lowest of 20 in its peer set.
Growth Revenue fell 6.3% over the last twelve months (peer median +11.7%); the operating margin is 12.0% (peer median 4.8%).
Valuation It trades at 30.3× forward earnings against a peer median of 22.1× (4th most expensive of 13).
Capital Return on invested capital runs 1.1 points below its cost of capital (6.7% WACC).
Next results Next results expected around 17 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩195B | ₩206B | ₩175B | ₩145B | ₩125B |
| Revenue growth | — | +17% | +21% | +16% | — |
| Gross profit | ₩122B | ₩129B | ₩109B | ₩88.7B | ₩78.4B |
| EBITDA | ₩33.1B | ₩50.0B | ₩44.9B | ₩32.2B | ₩36.4B |
| Net income | ₩23.2B | ₩34.5B | ₩42.8B | ₩24.6B | ₩28.0B |
| Free cash flow | -₩72.3B | -₩29.3B | ₩6.54B | ₩19.1B | ₩23.7B |
| Capital expenditure | ₩77.9B | ₩54.3B | ₩28.6B | ₩12.7B | ₩3.89B |
| Total debt | ₩91.0B | ₩82.6B | ₩42.1B | ₩27.4B | ₩15.7B |
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 |
|---|---|---|---|---|---|---|
| Park Systems 140860.KS | $965M | -35% | -6% | 12% | 30.3× | n/a |
| Bruker BRKR | $9.34B | +39% | +2% | 9% | 26.2× | 25.7% |
| Oxford Instruments OXIG.L | $1.79B | -16% | -15% | 15% | 21.9× | 20.1% |
| Hitachi 6501.T | $130B | -7% | +14% | 12% | 20.9× | 9.5% |
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 | 140860.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -38.9% | -9.3% | lowest of 21 |
| 6-month return | -34.8% | -17.5% | 6th lowest of 20 |
| Distance from 52-week high | -46.3% | -44.9% | 10th lowest of 21 |
| Revenue growth (TTM) | -6.3% | +11.7% | 5th lowest of 21 |
| Operating margin | 12.0% | 4.8% | 5th highest of 21 |
| Forward P/E | 30.3× | 22.1× | 4th most expensive of 13 |
| ROIC minus cost of capital | -1.1 pp | -5.9 pp | 9th highest of 21 |
| EV / EBITDA | 38.5× | 8.3× | most expensive of 4 |
| Net debt / EBITDA | -1.1× | -0.4× | 2nd least indebted of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Park Systems 140860.KS | South Korea | $965M | -35% | -6% | 12% | 30.3× | n/a | n/a |
| Suzhou Sushi Testing 300416.SZ | China | $957M | -26% | +8% | 15% | 23.0× | 2.6% | +13.7% |
| Transcat TRNS | United States | $955M | +33% | +20% | 5% | 45.0× | 30.3% | +13.9% |
| Wuxi Xinje Electric 603416.SS | China | $984M | -22% | +26% | 9% | 21.1× | 19.8% | +12.2% |
| Rigol Technologies 0537.HK | Hong Kong | $989M | n/a | +33% | 9% | 21.2× | 35.8% | +19.6% |
| Camelot Electronics Technology 301282.SZ | China | $992M | +12% | +58% | 7% | n/a | n/a | n/a |
| Riken Keiki 7734.T | Japan | $930M | -7% | +11% | 22% | 13.8× | 2.6% | +11.4% |
| Sidea Semiconductor Equipment (Shenzhen) 301629.SZ | China | $924M | -39% | -27% | 0% | 147.2× | n/a | n/a |
| Jiangsu Wuyang Automation Control Technology 300420.SZ | China | $921M | +51% | -10% | 5% | n/a | n/a | n/a |
| Toshiba Tec 6588.T | Japan | $918M | -2% | +7% | 3% | 11.3× | n/a | n/a |
| RoboSense Technology Company 2498.HK | Hong Kong | $914M | -55% | +32% | -22% | n/a | n/a | n/a |
| Feitian Technologies 300386.SZ | China | $909M | -17% | -20% | -20% | n/a | n/a | n/a |
| Asia Optical 3019.TW | Taiwan | $1.04B | -14% | +13% | 10% | 16.2× | 0.1% | +10.9% |
| Henan Yicheng New Energy 300080.SZ | China | $1.05B | -17% | -13% | -21% | n/a | n/a | n/a |
| Fujian Acetron New Materials 300706.SZ | China | $873M | -11% | +19% | 3% | n/a | n/a | n/a |
| Uni-Trend Technology (China) 688628.SS | China | $1.07B | -34% | +33% | 15% | 29.1× | n/a | n/a |
| Xi'an Manareco New Materials 688550.SS | China | $850M | -19% | -2% | 13% | 15.6× | 7.4% | +9.8% |
| Shanghai Ruking Technologies 301525.SZ | China | $838M | -13% | -2% | 1% | 43.8× | n/a | n/a |
| Shenzhen Clou Electronics 002121.SZ | China | $1.11B | -36% | +40% | -5% | 29.5× | n/a | n/a |
| Dianguang Explosion-proof Technology 002730.SZ | China | $832M | -54% | -6% | 6% | n/a | n/a | n/a |
| Evolv Technologies EVLV | United States | $826M | -35% | +42% | -20% | n/a | n/a | n/a |