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← CockpitCompetitor Analysis › 144960.KS New Power Plasma Co., Ltd.Open in the cockpit ↗

New Power Plasma Co., Ltd.144960.KSCompetitor analysis, valuation and peers

South Korea · KRW·Industrials›Aerospace & Defense
Momentum leader 95
Mkt cap
$326M
US dollars, full cap
Free float
61%
of shares outstanding
$/day
$19.2M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-1.0 pp
WACC 6.2%
Hurdle
-36 pp
Req g minus delivered
Close · KRW₩10,930
1D-3.5%
1W-22.8%
1M-17.1%
3M+7.2%
6M+61.7%
YTD+111.4%
1Y+63.4%
ATR %12.5%
52w lowhigh32.6% off high

What New Power Plasma does

Employees: 373

New Power Plasma at a glance

Size New Power Plasma (144960.KS) is a South Korea Industrials company (Aerospace & Defense) with a market value of $326M, the 443rd largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩10,930 on 6 Nov 2026.

Performance Over six months the shares gained 61.7%, against -26.1% for the median peer and -24.5% for the South Korea market (cap-weighted) — highest of 20 in its peer set.

Growth Revenue grew 21.8% over the last twelve months (peer median +4.9%); the operating margin is 8.2% (peer median 1.7%).

Valuation It trades at 1.2× enterprise value to sales against a peer median of 5.0× (cheapest of 20).

Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +40%, so the hurdle is -36 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.0 points below its cost of capital (6.2% WACC).

Relative performance

10015020011 May 202611 Aug 20266 Nov 2026144960.KS 155Peer median 75
Six months, rebased to 100: New Power Plasma against the median of its 20 peers (local-currency closes).

New Power Plasma financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩664B₩578B₩520B₩351B₩353B
Revenue growth—+11%+48%-1%—
Gross profit₩160B₩128B₩112B₩78.3B₩76.2B
EBITDA₩106B₩79.0B₩72.5B₩33.9B₩28.0B
Net income₩35.7B₩8.52B₩21.5B₩19.3B₩25.6B
Free cash flow₩15.3B-₩33.5B₩21.0B₩11.0B-₩1.92B
Capital expenditure₩41.6B₩44.4B₩42.5B₩23.8B₩38.6B
Total debt₩289B₩292B₩263B₩189B₩187B

Quarterly statements and history in the cockpit →

New Power Plasma 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

-50%0%+50%-20%0%3009659348688511688244002977MSIIDEAFORGE6829002933SPCE603261TATT77216946FGASATL144960.KS6-month return →1-month return →
Up and to the right = strong over both horizons. New Power Plasma is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%+300%+400%0×200×400×3009659348688511688244IAIDEAFORGE6829SPCESATL144960.KSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. New Power Plasma is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%300965688511IAMSITATTFGAPKE144960.KSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. New Power Plasma is the large dot.

New Power Plasma competitors and peer comparison

How New Power Plasma 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.

New Power Plasma against its 20 peers (data as of 6 Nov 2026)
Measure144960.KSPeer medianRank in peer set
1-month return-17.1%-10.3%8th lowest of 21
6-month return+61.7%-26.1%highest of 20
Distance from 52-week high-32.6%-46.6%5th highest of 21
Revenue growth (TTM)+21.8%+4.9%7th highest of 21
Operating margin8.2%1.7%8th highest of 20
EV / Sales1.2×5.0×cheapest of 20
Growth the price implies (Req g, 7 yrs)3.6%10.9%3rd least demanding of 8
Growth delivered (Del g)+39.7%+13.3%highest of 8
Hurdle (Req g minus delivered)-36.0 pp-4.3 ppleast demanding of 8
ROIC minus cost of capital-1.0 pp-5.1 pp8th highest of 20
EV / EBITDA7.3×13.2×cheapest of 8
Net debt / EBITDA1.6×1.5×5th most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
New Power Plasma 144960.KSSouth Korea$326M+62%+22%8%1.2×3.6%+39.7%
Beijing Hengyu Datacom Aviation Equipment 300965.SZChina$338M-33%-11%-8%8.6×26.4%-1.2%
ispace,inc 9348.TJapan$311M-28%-56%-681%23.0×n/an/a
Sichuan Tianwei Electronic 688511.SSChina$342M-20%-56%-49%29.6×10.9%-8.8%
Integrity Technology 688244.SSChina$344M-23%-28%-30%7.3×n/an/a
Chengdu Tianjian Technology 002977.SZChina$306M-37%-357%n/an/an/an/a
Innovative Solutions and Support IAUnited States$348Mn/a+20%27%4.2×2.6%+31.3%
MS International MSI.LUnited Kingdom$350M-8%-2%13%1.9×-7.8%+13.3%
Ideaforge Technology IDEAFORGE.NSIndia$353M-15%+221%-8%11.8×n/an/a
Chenfull Precision 6829.TWOTaiwan$293M-40%+34%16%4.8×n/an/a
Chengdu Jouav Automation Tech 688070.SSChina$399M-34%+5%2%4.8×n/an/a
Beijing Andawell Science & Technology 300719.SZChina$400M-32%-3%-4%4.8×n/an/a
Beijing Emerging Eastern Aviation Equipment 002933.SZChina$420M-20%-6%6%6.4×n/an/a
Virgin Galactic SPCEUnited States$420M-6%-39%-24,588%384.3×n/an/a
Chengdu Lihang Technology 603261.SSChina$458M+19%+35%-52%8.1×n/an/a
TAT Technologies TATTUnited States$481M+2%+14%11%2.3×16.8%+18.8%
Tokyo Keiki 7721.TJapan$494M-37%+5%9%1.5×n/an/a
Nippon Avionics 6946.TJapan$505M-26%+45%21%2.7×n/an/a
Figeac Aero FGA.PAFrance$506M-3%+13%6%1.5×14.7%+18.9%
Park Aerospace PKEUnited States$515M-30%+28%21%5.0×4.8%+9.6%
Satellogic SATLUnited States$535M-54%+369%-67%16.0×n/an/a

Questions

Which companies are New Power Plasma's closest peers?
The cockpit's peer set: Beijing Hengyu Datacom Aviation Equipment (300965.SZ), ispace,inc (9348.T), Sichuan Tianwei Electronic (688511.SS), Integrity Technology (688244.SS), Chengdu Tianjian Technology (002977.SZ), Innovative Solutions and Support (IA), MS International (MSI.L), Ideaforge Technology (IDEAFORGE.NS).
Is New Power Plasma expensive compared with its peers?
On ev / sales it trades at 1.2× against a peer median of 5.0×, cheapest of 20 in its peer set. For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +40%, so the hurdle is -36 pp: the price already allows for a slowdown.
How has New Power Plasma stock performed?
Over six months to 6 Nov 2026 the shares returned +61.7% against -26.1% for the median peer; over one year +63.4%.

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.