Korean maker of photoresist-strip (ashing) and thermal-processing equipment for semiconductor wafer fabs.
Korean maker of photoresist-strip (ashing) and thermal-processing equipment for semiconductor wafer fabs.
Sells tools to chipmakers in lumpy orders tied to when they build or upgrade fabrication lines, then earns repeat revenue from parts and servicing of the installed machines. A small number of large customers account for most sales, so capital-spending plans at a few memory and foundry makers decide how busy it is.
Moat: narrow (customer qualification, process know-how). Qualified strip/thermal equipment vendor inside major memory and foundry fabs.
Headquarters: Hwaseong, South Korea · Founded: 1990 · Employees: 343
Size Psk (319660.KS) is a South Korea Industrials company (Industrial Machinery) with a market value of $1.66B, the 156th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩77,900 on 6 Nov 2026.
Performance Over six months the shares fell 12.2%, against -17.2% for the median peer and -24.5% for the South Korea market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 31.7% over the last twelve months (peer median +8.1%); the operating margin is 25.0% (peer median 8.0%).
Valuation It trades at 14.4× forward earnings against a peer median of 26.2× (4th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -5 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 21.6 points above its cost of capital (9.0% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩571B | ₩457B | ₩398B | ₩352B | ₩461B |
| Revenue growth | — | +15% | +13% | -24% | — |
| Gross profit | ₩280B | ₩218B | ₩205B | ₩162B | ₩210B |
| EBITDA | ₩153B | ₩98.2B | ₩92.5B | ₩60.3B | ₩97.6B |
| Net income | ₩125B | ₩78.5B | ₩79.1B | ₩52.5B | ₩77.4B |
| Free cash flow | ₩81.3B | ₩43.2B | ₩38.7B | ₩24.3B | ₩33.4B |
| Capital expenditure | ₩21.0B | ₩18.5B | ₩28.6B | ₩26.1B | ₩15.1B |
| Total debt | ₩16.1B | ₩17.9B | ₩23.0B | ₩23.3B | ₩15.1B |
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 |
|---|---|---|---|---|---|---|
| Psk 319660.KS | $1.66B | -12% | +32% | 25% | 14.4× | 6.1% |
| Tokyo Electron 8035.T | $122B | +41% | +18% | 28% | 23.1× | 28.8% |
| Wonik IPS 240810.KS | $2.39B | -43% | +9% | 8% | 14.7× | 29.4% |
| Lam Research LRCX | $250B | -32% | +33% | 37% | 19.6× | 26.4% |
| NAURA Technology 002371.SZ | $60.6B | +4% | +18% | 11% | 56.5× | 33.4% |
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 | 319660.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -43.2% | -5.7% | lowest of 21 |
| 6-month return | -12.2% | -17.2% | 8th highest of 21 |
| Distance from 52-week high | -64.5% | -41.6% | 2nd lowest of 21 |
| Revenue growth (TTM) | +31.7% | +8.1% | 2nd highest of 21 |
| Operating margin | 25.0% | 8.0% | 2nd highest of 21 |
| Forward P/E | 14.4× | 26.2× | 4th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | 6.1% | 10.6% | 5th least demanding of 16 |
| Growth delivered (Del g) | +11.5% | +9.1% | 6th highest of 16 |
| Hurdle (Req g minus delivered) | -5.4 pp | +1.5 pp | 6th least demanding of 16 |
| ROIC minus cost of capital | +21.6 pp | -0.9 pp | 2nd highest of 21 |
| EV / EBITDA | 13.0× | 10.8× | 2nd most expensive of 8 |
| Net debt / EBITDA | -1.8× | -0.6× | 2nd least indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Psk 319660.KS | South Korea | $1.66B | -12% | +32% | 25% | 14.4× | 6.1% | +11.5% |
| Triveni Turbine TRITURBINE.NS | India | $1.66B | -14% | +18% | 17% | 42.5× | 45.8% | +25.4% |
| Harbin Boshi Automation 002698.SZ | China | $1.66B | -15% | -2% | 18% | 19.3× | 5.3% | +9.1% |
| Beijing Worldia Diamond Tools 688028.SS | China | $1.66B | -37% | +22% | 16% | 71.0× | n/a | n/a |
| Shaanxi Aerospace Power Hi-Tech 600343.SS | China | $1.65B | -50% | -15% | -24% | n/a | n/a | n/a |
| Shanghai Hanbell Precise Machinery 002158.SZ | China | $1.67B | -24% | -5% | 15% | 19.3× | 16.3% | +5.2% |
| Tsubakimoto Chain 6371.T | Japan | $1.68B | +7% | +20% | 8% | 10.3× | 2.0% | +8.9% |
| Chang Wah Technology 6548.TWO | Taiwan | $1.65B | +9% | +25% | 15% | 17.5× | 9.2% | +6.8% |
| ATS ATS.TO | Canada | $1.68B | -49% | +7% | 6% | 15.9× | 8.7% | +15.8% |
| Volution FAN.L | United Kingdom | $1.68B | +7% | +16% | 20% | 15.7× | 13.7% | +12.2% |
| TerraVest Industries TVK.TO | Canada | $1.64B | -17% | +46% | 8% | 26.4× | 10.6% | +35.1% |
| Sanhe Tongfei Refrigeration 300990.SZ | China | $1.69B | -18% | +23% | 8% | 29.9× | 31.4% | +36.2% |
| Fujian Snowman 002639.SZ | China | $1.70B | -18% | +9% | 1% | n/a | n/a | n/a |
| KSB SE & Co. KGaA KSB.DE | Germany | $1.63B | -3% | +2% | 7% | 10.3× | -3.2% | +6.6% |
| Precision Tsugami (China) 1651.HK | Hong Kong | $1.62B | -35% | +24% | 28% | 7.7× | -13.9% | +9.8% |
| Zhejiang Jiecang Linear Motion Technology 603583.SS | China | $1.60B | -4% | +5% | 8% | 26.0× | n/a | n/a |
| Hunan Yujing Machinery 002943.SZ | China | $1.60B | -42% | -36% | -23% | 37.5× | n/a | n/a |
| Ningbo PIA Automation 688306.SS | China | $1.74B | +3% | +7% | 4% | 190.6× | 35.2% | +8.7% |
| Xizi Clean Energy Equipment Manufacturing 002534.SZ | China | $1.74B | -19% | -2% | 3% | 44.5× | 25.7% | +3.1% |
| Tongyu Heavy Industry 300185.SZ | China | $1.59B | -17% | +6% | 4% | 43.7× | 6.3% | +3.1% |
| Qingdao Haier Biomedical 688139.SS | China | $1.58B | +6% | +12% | 9% | 36.5× | 20.7% | +10.8% |