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← CockpitCompetitor Analysis › 356860.KS TLB Co., Ltd.Open in the cockpit ↗

TLB Co., Ltd.356860.KSCompetitor analysis, valuation and peers

South Korea · KRW·Information Technology›Electronic Components
Momentum neutral 43
Mkt cap
$460M
US dollars, full cap
Free float
74%
of shares outstanding
$/day
$17.8M
20-day average traded
Fwd P/E
14.0×
forward earnings
ROIC−WACC
+14.3 pp
WACC 9.5%
Hurdle
n/a
no reverse DCF
Next earnings
12 days
18 Nov 2026
Close · KRW₩26,500
1D-11.7%
1W-28.2%
1M-47.3%
3M+0.9%
6M-33.6%
YTD-2.9%
1Y-14.8%
ATR %15.6%
52w lowhigh59.1% off high

What TLB does

Employees: 465

TLB at a glance

Size TLB (356860.KS) is a South Korea Information Technology company (Electronic Components) with a market value of $460M, the 350th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩26,500 on 6 Nov 2026.

Performance Over six months the shares fell 33.6%, against -32.6% for the median peer and -24.5% for the South Korea market (cap-weighted) — 11th highest of 21 in its peer set.

Growth Revenue grew 43.2% over the last twelve months (peer median +19.1%); the operating margin is 13.3% (peer median 1.3%).

Valuation It trades at 14.0× forward earnings against a peer median of 14.6× (5th cheapest of 11).

Capital Return on invested capital runs 14.3 points above its cost of capital (9.5% WACC).

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

Relative performance

5010015011 May 202611 Aug 20266 Nov 2026Peer median 68356860.KS 63
Six months, rebased to 100: TLB against the median of its 20 peers (local-currency closes).

TLB financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩306B₩258B₩180B₩171B₩222B
Revenue growth—+44%+5%-23%—
Gross profitn/a₩41.7B₩19.2B₩14.9B₩49.3B
EBITDAn/a₩34.3B₩10.2B₩9.24B₩43.7B
Net income₩32.9B₩19.0B₩3.62B₩2.51B₩30.6B
Free cash flown/a-₩28.1B-₩11.2B-₩26.5B₩16.5B
Capital expendituren/a₩36.3B₩15.9B₩25.0B₩18.9B
Total debtn/a₩86.7B₩52.4B₩42.0B₩26.4B

Quarterly statements and history in the cockpit →

TLB 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%-40%-20%0%5439SENS688291605258417200301041LPTH3526085660TTG6883918155644933623000326880100006706782SMOP126340356860.KS6-month return →1-month return →
Up and to the right = strong over both horizons. TLB is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%+100%20×40×54396882914172003526TTG8155644933626782SMOP356860.KSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. TLB is the large dot.

TLB competitors and peer comparison

How TLB 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.

TLB against its 20 peers (data as of 6 Nov 2026)
Measure356860.KSPeer medianRank in peer set
1-month return-47.3%-19.4%lowest of 21
6-month return-33.6%-32.6%11th highest of 21
Distance from 52-week high-59.1%-50.5%7th lowest of 21
Revenue growth (TTM)+43.2%+19.1%6th highest of 21
Operating margin13.3%1.3%7th highest of 21
Forward P/E14.0×14.6×5th cheapest of 11
ROIC minus cost of capital+14.3 pp-6.5 pp4th highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
TLB 356860.KSSouth Korea$460M-34%+43%13%14.0×n/an/a
First Hi-tec Enterprise 5439.TWOTaiwan$458M-60%+93%17%8.3×-5.0%+31.1%
Senseonics SENSUnited States$454M+71%+91%-223%n/an/an/a
Beijing JCZ Technology 688291.SSChina$452M-30%+12%1%29.5×n/an/a
Jiangsu Xiehe Electronic 605258.SSChina$476M-2%+1%7%n/a8.6%+9.7%
LS Materials 417200.KSSouth Korea$442M-70%+20%0%45.5×n/an/a
Shenzhen King Brother Electronics Technology 301041.SZChina$430M-10%+18%5%n/a22.5%+3.9%
LightPath Technologies LPTHUnited States$495M-39%+93%-2%n/an/an/a
Alltop Technology 3526.TWOTaiwan$428M-40%+19%31%8.3×-7.5%+12.9%
CHA Biotech 085660.KSSouth Korea$499M-57%+14%-6%n/an/an/a
TT Electronics TTG.LUnited Kingdom$419M+50%-3%7%14.6×9.9%+2.2%
Hi-Trend Technology (Shanghai) 688391.SSChina$418M-23%+4%-4%n/a4.9%+7.3%
Allied Circuit 8155.TWOTaiwan$416M-52%+33%14%12.2×n/an/a
APAQ Technology 6449.TWTaiwan$414M-13%+23%18%14.7×n/an/a
Ability Opto-Electronics Technology 3362.TWOTaiwan$513M+6%-3%-8%31.7×n/an/a
Jinlong Machinery & Electronic 300032.SZChina$411M-35%-18%-4%n/a12.4%-2.0%
Fujian Forecam Optics 688010.SSChina$518M-35%-2%-15%n/an/an/a
Youngpoong 000670.KSSouth Korea$406M-54%+40%-2%n/a-14.5%-1.8%
Visco Vision 6782.TWTaiwan$523M+23%+23%29%13.1×n/an/a
Smartoptics SMOP.OLNorway$530M-8%+45%14%42.5×15.2%+19.1%
Vinatech Co 126340.KSSouth Korea$395M-56%+66%2%n/an/an/a

Questions

Which companies are TLB's closest peers?
The cockpit's peer set: First Hi-tec Enterprise (5439.TWO), Senseonics (SENS), Beijing JCZ Technology (688291.SS), Jiangsu Xiehe Electronic (605258.SS), LS Materials (417200.KS), Shenzhen King Brother Electronics Technology (301041.SZ), LightPath Technologies (LPTH), Alltop Technology (3526.TWO).
Is TLB expensive compared with its peers?
On forward p/e it trades at 14.0× against a peer median of 14.6×, 5th cheapest of 11 in its peer set.
How has TLB stock performed?
Over six months to 6 Nov 2026 the shares returned -33.6% against -32.6% for the median peer; over one year -14.8%.

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.