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← CockpitCompetitor Analysis › 141080.KS LigaChem Biosciences Inc.Open in the cockpit ↗

LigaChem Biosciences Inc.141080.KSCompetitor analysis, valuation and peers

South Korea · KRW·Health Care›Pharmaceuticals: Major

Korean biotech specializing in antibody-drug-conjugate (ADC) linker technology, licensed to global pharma partners for cancer drugs.

Momentum laggard 5
Mkt cap
$1.59B
US dollars, full cap
Free float
68%
of shares outstanding
$/day
$10.0M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-153.4 pp
WACC 5.8%
Hurdle
n/a
no reverse DCF
Next earnings
12 days
18 Nov 2026
Close · KRW₩58,400
1D-8.5%
1W-5.0%
1M-27.4%
3M-46.9%
6M-68.2%
YTD-66.4%
1Y-59.5%
ATR %8.0%
52w lowhigh74.0% off high

What LigaChem Biosciences does

Korean biotech specializing in antibody-drug-conjugate (ADC) linker technology, licensed to global pharma partners for cancer drugs.

Earns upfront and milestone payments when pharma partners license its drug candidates or linker technology, rather than from product sales, so income arrives in lumps and depends on partners advancing programmes. A royalty stream would only follow approvals.

Products and services

  • ConjuAll ADC linker platform
  • Licensed/partnered ADC drug candidates

Customers

  • Global pharma licensing partners (e.g., AbbVie)

Where it sits in the supply chain

  • Biotechnology
  • ADC linker/payload technology platform
  • Global pharma licensing

What could go right

  • New global licensing deals
  • Milestone/royalty payments from partners

What could go wrong

  • Preclinical/early pipeline risk
  • Reliance on partner licensing milestones

Moat: narrow (IP / patents). Patented, versatile ADC linker platform licensed to multiple global pharma companies.

Headquarters: Daejeon, South Korea · Founded: 2006 · Employees: 180

Named competitors

LigaChem Biosciences at a glance

Size LigaChem Biosciences (141080.KS) is a South Korea Health Care company (Pharmaceuticals: Major) with a market value of $1.59B, the 159th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩58,400 on 6 Nov 2026.

Performance Over six months the shares fell 68.2%, against -4.2% for the median peer and -24.5% for the South Korea market (cap-weighted) — 2nd lowest of 20 in its peer set.

Growth Revenue fell 33.4% over the last twelve months (peer median +4.1%); the operating margin is -208.4% (peer median 11.0%).

Valuation It trades at 18.4× enterprise value to sales against a peer median of 3.7× (3rd most expensive of 20).

Capital Return on invested capital runs 153.4 points below its cost of capital (5.8% WACC).

Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).

Relative performance

507510011 May 202611 Aug 20266 Nov 2026Peer median 96141080.KS 32
Six months, rebased to 100: LigaChem Biosciences against the median of its 20 peers (local-currency closes).

LigaChem Biosciences financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩98.8B₩142B₩126B₩34.1B₩33.4B
Revenue growth—+12%+269%+2%—
Gross profit₩82.2B₩122B₩107B₩15.6B₩15.8B
EBITDA-₩199B-₩100B-₩16.0B-₩76.9B-₩50.9B
Net income-₩179B-₩74.3B₩7.80B-₩73.7B-₩45.1B
Free cash flow-₩195B-₩128B₩75.8B-₩63.6B-₩11.3B
Capital expenditure₩5.70B₩6.04B₩5.70B₩2.20B₩4.77B
Total debt₩2.59B₩2.75B₩820M₩12.6B₩12.2B

Quarterly statements and history in the cockpit →

LigaChem Biosciences 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

0%+100%+200%0%+50%JUBLPHARMA002626CORONA603235ETONINDGN600993300006NANO1681298380141080.KS6-month return →1-month return →
Up and to the right = strong over both horizons. LigaChem Biosciences is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%0×50×100×150×JUBLPHARMA002626CORONA603235ETONINDGN300006NANO600420NATCOPHARM298380141080.KSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. LigaChem Biosciences is the large dot.

LigaChem Biosciences competitors and peer comparison

Head to head with its named competitors (141080.KS vs 298380.KS vs 0009K0.KS)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
LigaChem Biosciences 141080.KS$1.59B-68%-33%-208%18.4×n/a
ABL Bio 298380.KS$1.49B-73%-64%-251%55.7×n/a
Aimed Bio 0009K0.KS$875M-61%+223%36%16.4×13.2%

How LigaChem Biosciences 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.

LigaChem Biosciences against its 20 peers (data as of 6 Nov 2026)
Measure141080.KSPeer medianRank in peer set
1-month return-27.4%+4.8%2nd lowest of 21
6-month return-68.2%-4.2%2nd lowest of 20
Distance from 52-week high-74.0%-19.8%2nd lowest of 21
Revenue growth (TTM)-33.4%+4.1%3rd lowest of 20
Operating margin-208.4%11.0%3rd lowest of 20
EV / Sales18.4×3.7×3rd most expensive of 20
ROIC minus cost of capital-153.4 pp+1.4 pplowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
LigaChem Biosciences 141080.KSSouth Korea$1.59B-68%-33%-208%18.4×n/an/a
Jubilant Pharmova JUBLPHARMA.NSIndia$1.58B-4%+16%9%1.7×n/an/a
Xiamen Kingdomway 002626.SZChina$1.58B+15%-3%11%3.4×n/an/a
Corona Remedies CORONA.NSIndia$1.58B+40%+17%18%9.6×37.6%+16.6%
JiangXi Tianxin Pharmaceutical 603235.SSChina$1.60B-5%+16%24%3.7×-4.1%+0.2%
Zhejiang CONBA Pharmaceutical 600572.SSChina$1.56B-5%+4%9%1.5×-5.8%+1.9%
Eton Pharmaceuticals ETONUnited States$1.61B+236%+81%16%15.3×39.6%+359.6%
Indegene INDGN.NSIndia$1.56B+15%+36%12%3.3×29.6%+29.4%
Mayinglong Pharmaceutical 600993.SSChina$1.62B-4%+7%17%2.2×-4.5%+6.8%
Chongqing Lummy Pharmaceutical 300006.SZChina$1.55B+53%-6%-19%13.6×49.9%-13.2%
Nanobiotix NANO.PAFrance$1.54B-42%-77%-392%164.1×n/an/a
Guangdong Taienkang Pharmaceutical 301263.SZChina$1.53B-17%+2%-2%15.1×n/an/a
Ultragenyx Pharmaceutical RAREUnited States$1.52B+22%+16%-64%3.3×n/an/a
Consun Pharmaceutical 1681.HKHong Kong$1.65B+5%+15%35%2.2×-15.1%+13.5%
Shanghai Shyndec Pharmaceutical 600420.SSChina$1.67B-14%-13%6%1.2×-6.0%-5.6%
Yantai Dongcheng Biochemicals 002675.SZChina$1.67B+1%-4%15%4.7×6.7%-4.3%
Braveheart Bio BRVEUnited States$1.67Bn/an/an/an/an/an/a
NATCO Pharma NATCOPHARM.NSIndia$1.68B-30%-21%25%4.5×15.3%+19.0%
Zhejiang Jingxin Pharmaceutical 002020.SZChina$1.49B-17%+1%19%2.3×-8.5%+4.6%
AstraZeneca Pharma India ASTRAZEN.NSIndia$1.69B-25%+31%10%6.5×49.3%+23.0%
ABL Bio 298380.KSSouth Korea$1.49B-73%-64%-251%55.7×n/an/a

Questions

Who are LigaChem Biosciences's main competitors?
Named competitors: ABL Bio (298380.KS), Aimed Bio (0009K0.KS). The cockpit's measured peer set (industry) also includes Jubilant Pharmova (JUBLPHARMA.NS), Xiamen Kingdomway (002626.SZ), Corona Remedies (CORONA.NS), JiangXi Tianxin Pharmaceutical (603235.SS), Zhejiang CONBA Pharmaceutical (600572.SS), Eton Pharmaceuticals (ETON).
Is LigaChem Biosciences expensive compared with its peers?
On ev / sales it trades at 18.4× against a peer median of 3.7×, 3rd most expensive of 20 in its peer set.
How has LigaChem Biosciences stock performed?
Over six months to 6 Nov 2026 the shares returned -68.2% against -4.2% for the median peer; over one year -59.5%.

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.