Loading…
Korean maker of PCBs and semiconductor package substrates for memory modules and advanced chip packaging.
Korean maker of PCBs and semiconductor package substrates for memory modules and advanced chip packaging.
Makes boards and package substrates to order for memory chipmakers and module assemblers, so volumes follow memory output and new product generations such as high-speed DRAM, and each customer qualifies the board before ordering. A few Korean memory makers account for much of the demand, giving it exposure to their investment cycles.
Moat: narrow (customer qualification, process know-how). Qualified substrate/PCB maker for major Korean memory and chip-packaging customers.
Headquarters: Cheongju, South Korea · Founded: 1978 · Employees: 2,902
Size Simmtech (222800.KS) is a South Korea Information Technology company (Semiconductors) with a market value of $2.69B, the 109th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩93,500 on 6 Nov 2026.
Performance Over six months the shares gained 7.5%, against -24.7% for the median peer and -24.5% for the South Korea market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 41.6% over the last twelve months (peer median +26.9%); the operating margin is 8.6% (peer median 8.7%).
Valuation It trades at 18.7× forward earnings against a peer median of 28.0× (7th cheapest of 20).
Capital Return on invested capital runs 9.3 points above its cost of capital (11.2% WACC).
Next results Next results expected around 23 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩1.87T | ₩1.41T | ₩1.23T | ₩1.04T | ₩1.70T |
| Revenue growth | — | +15% | +18% | -39% | — |
| Gross profit | n/a | ₩153B | ₩71.4B | ₩44.1B | ₩491B |
| EBITDA | n/a | ₩69.2B | ₩37.4B | -₩7.47B | ₩434B |
| Net income | -₩31.9B | -₩164B | -₩30.3B | -₩115B | ₩246B |
| Free cash flow | n/a | -₩256B | -₩265B | -₩233B | ₩277B |
| Capital expenditure | n/a | ₩57.9B | ₩104B | ₩140B | ₩160B |
| Total debt | n/a | ₩587B | ₩551B | ₩213B | ₩100B |
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 |
|---|---|---|---|---|---|---|
| Simmtech 222800.KS | $2.69B | +7% | +42% | 9% | 18.7× | n/a |
| Daeduck Electronics 353200.KS | $2.61B | -37% | +56% | 16% | 15.0× | 15.3% |
| Ibiden 4062.T | $22.1B | +164% | +26% | 18% | 39.2× | 39.2% |
| Unimicron Technology 3037.TW | $35.4B | -19% | +33% | 13% | 20.1× | 45.9% |
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 | 222800.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -45.1% | -23.5% | 2nd lowest of 21 |
| 6-month return | +7.5% | -24.7% | 4th highest of 21 |
| Distance from 52-week high | -48.8% | -55.4% | 7th highest of 21 |
| Revenue growth (TTM) | +41.6% | +26.9% | 5th highest of 21 |
| Operating margin | 8.6% | 8.7% | 11th highest of 21 |
| Forward P/E | 18.7× | 28.0× | 7th cheapest of 20 |
| ROIC minus cost of capital | +9.3 pp | -2.8 pp | 5th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Simmtech 222800.KS | South Korea | $2.69B | +7% | +42% | 9% | 18.7× | n/a | n/a |
| Topco Scientific 5434.TW | Taiwan | $2.68B | +11% | +21% | 7% | 14.3× | 3.8% | +13.3% |
| Maxio Technology (Hangzhou) 688449.SS | China | $2.71B | -29% | +40% | 5% | 37.7× | n/a | n/a |
| Shanghai Bright Power Semiconductor 688368.SS | China | $2.72B | -20% | +90% | 6% | 85.4× | 54.1% | +7.3% |
| Leeno Industrial 058470.KS | South Korea | $2.60B | -61% | +24% | 49% | 19.4× | 6.3% | +13.1% |
| Asmedia Technology 5269.TW | Taiwan | $2.60B | -14% | +38% | 25% | 12.5× | 12.3% | +14.0% |
| IPG Photonics IPGP | United States | $2.78B | -38% | +15% | 5% | 32.8× | 24.8% | -3.5% |
| Ambarella AMBA | United States | $2.58B | -23% | +20% | -15% | 66.0× | n/a | n/a |
| Sino-American Silicon Products 5483.TWO | Taiwan | $2.80B | 0% | -1% | 12% | 15.8× | n/a | n/a |
| OUST OUST | United States | $2.54B | +38% | +64% | -29% | n/a | n/a | n/a |
| PENG PENG | United States | $2.52B | -5% | +26% | 10% | 9.2× | n/a | n/a |
| StarPower Semiconductor 603290.SS | China | $2.50B | -33% | +4% | 1% | 76.8× | 26.3% | +33.0% |
| Great Microwave Technology 688270.SS | China | $2.46B | -41% | +8% | 32% | 69.6× | 48.7% | +23.2% |
| Gpixel Changchun Microelectronics 3277.HK | Hong Kong | $2.45B | -48% | +27% | 33% | 28.0× | 6.9% | +9.7% |
| Wuxi NCE Power 605111.SS | China | $2.45B | -3% | +28% | 19% | 30.4× | 27.2% | +14.5% |
| Hefei Chipmore Technology 688352.SS | China | $2.45B | +7% | -1% | 7% | 53.1× | n/a | n/a |
| AP Memory Technology 6531.TW | Taiwan | $2.99B | -35% | +63% | 29% | 27.0× | 34.1% | +9.8% |
| DB HiTek 000990.KS | South Korea | $2.41B | -48% | +29% | 21% | 8.9× | 2.3% | +8.3% |
| Sunrun RUN | United States | $2.40B | -32% | +63% | 2% | 38.7× | n/a | n/a |
| Acter 5536.TWO | Taiwan | $2.39B | -26% | +28% | 16% | 10.0× | -6.0% | +24.3% |
| Holy Stone Enterprise 3026.TW | Taiwan | $2.39B | +91% | +17% | 2% | 21.0× | n/a | n/a |