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Doosan Robotics454910.KSCompetitor analysis, valuation and peers

South Korea · KRW·Industrials›Industrial Machinery

Doosan Group's maker of collaborative robots (cobots) used in manufacturing, food service and logistics automation.

Momentum weak 21
Mkt cap
$2.41B
US dollars, full cap
Free float
50%
of shares outstanding
$/day
$11.5M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-23.4 pp
WACC 11.5%
Hurdle
n/a
no reverse DCF
Next earnings
103 days
17 Feb 2027
Close · KRW₩50,400
1D-2.5%
1W-7.3%
1M-29.2%
3M-26.4%
6M-54.3%
YTD-35.4%
1Y-30.5%
ATR %7.5%
52w lowhigh70.3% off high

What Doosan Robotics does

Doosan Group's maker of collaborative robots (cobots) used in manufacturing, food service and logistics automation.

Sells robot arms mainly through distributors and system integrators, firms that add the grippers, software and safety setup for a customer's task, and earns a smaller amount from software and applications. It is part of the Doosan Group, controlled through Doosan Corporation, and listed in Korea in 2023.

Products and services

  • Collaborative robot arms
  • Robot software/application solutions

Customers

  • Manufacturers (electronics, auto parts)
  • Food-service/retail operators

Where it sits in the supply chain

  • Industrial automation
  • Collaborative robots (cobots)
  • Manufacturing/service automation

What could go right

  • Manufacturing labor-shortage automation demand
  • Service-robot adoption growth

What could go wrong

  • Cobot price competition
  • Adoption-cycle length in target industries

Moat: narrow (IP / patents, brand). One of the larger global cobot makers, though the cobot market has many well-funded rivals.

Headquarters: Suwon, South Korea · Founded: 2015 · Employees: 255

Named competitors

Doosan Robotics at a glance

Size Doosan Robotics (454910.KS) is a South Korea Industrials company (Industrial Machinery) with a market value of $2.41B, the 118th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩50,400 on 6 Nov 2026.

Performance Over six months the shares fell 54.3%, against -20.6% for the median peer and -24.5% for the South Korea market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue grew 97.5% over the last twelve months (peer median +11.1%); the operating margin is -90.7% (peer median 7.9%).

Valuation It trades at 52.6× enterprise value to sales against a peer median of 2.6× (2nd most expensive of 21).

Capital Return on invested capital runs 23.4 points below its cost of capital (11.5% WACC).

Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).

Relative performance

5010015011 May 202611 Aug 20266 Nov 2026Peer median 78454910.KS 47
Six months, rebased to 100: Doosan Robotics against the median of its 20 peers (local-currency closes).

Doosan Robotics financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩62.1B₩33.0B₩46.8B₩53.0B₩45.0B
Revenue growth—-30%-12%+18%—
Gross profitn/a-₩433M₩4.70B₩11.8B₩12.5B
EBITDAn/a-₩52.2B-₩35.1B-₩14.8B-₩8.82B
Net income-₩56.9B-₩55.5B-₩36.6B-₩15.9B-₩11.4B
Free cash flown/a-₩30.5B-₩47.1B-₩30.3B-₩25.8B
Capital expendituren/a₩15.4B₩8.16B₩9.11B₩9.55B
Total debtn/a₩16.0B₩2.69B₩5.20B₩4.25B

Quarterly statements and history in the cockpit →

Doosan Robotics 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

-40%-20%0%-40%-20%0%MTRS5631240810AMBERTIMKEN6036381084906368600353228500261100297561876141KALMAR000009CECOJUN36324688516454910.KS6-month return →1-month return →
Up and to the right = strong over both horizons. Doosan Robotics is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%0×20×40×MTRS5631AMBERTIMKEN60363810849063686003530026110029756187000009CECO688516454910.KSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Doosan Robotics is the large dot.

Doosan Robotics competitors and peer comparison

Head to head with its named competitors (454910.KS vs TER vs 6954.T vs ABBN.SW)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Doosan Robotics 454910.KS$2.41B-54%+97%-91%52.6×n/a
Teradyne TER$34.1B-39%+75%33%6.8×20.9%
Fanuc 6954.T$31.2B-23%+13%23%4.5×16.9%
ABB ABBN.SW$147B-17%+1%18%4.2×4.3%
Rainbow Robotics 277810.KS$4.59B-52%+92%-16%136.9×n/a

How Doosan Robotics 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.

Doosan Robotics against its 20 peers (data as of 6 Nov 2026)
Measure454910.KSPeer medianRank in peer set
1-month return-29.2%-8.0%6th lowest of 21
6-month return-54.3%-20.6%lowest of 21
Distance from 52-week high-70.3%-42.3%lowest of 21
Revenue growth (TTM)+97.5%+11.1%highest of 21
Operating margin-90.7%7.9%lowest of 21
EV / Sales52.6×2.6×2nd most expensive of 21
ROIC minus cost of capital-23.4 pp-0.2 pplowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Doosan Robotics 454910.KSSouth Korea$2.41B-54%+97%-91%52.6×n/an/a
Munters MTRS.STSweden$2.40B-34%0%9%2.0×12.4%+16.0%
Japan Steel Works 5631.TJapan$2.41B-46%-1%10%1.5×n/an/a
Wonik IPS 240810.KSSouth Korea$2.39B-43%+9%8%3.1×29.4%-3.6%
Amber Enterprises India AMBER.NSIndia$2.39B-28%+15%5%1.8×n/an/a
Timken India TIMKEN.NSIndia$2.43B-12%+19%16%5.9×36.2%+19.8%
Yantai Eddie Precision Machinery 603638.SSChina$2.38B-22%+35%16%4.0×15.1%+7.3%
ROBOTIS 108490.KSSouth Korea$2.37B-30%+52%-16%62.2×n/an/a
Organo 6368.TJapan$2.36B-14%+10%19%2.0×12.8%+12.0%
Chengdu Xuguang Electronics 600353.SSChina$2.32B+8%+13%7%8.6×53.1%+12.8%
Chervon 2285.HKHong Kong$2.32B+103%-6%8%1.3×12.1%+6.4%
Guangdong Dongfang Precision Science & Technology 002611.SZChina$2.50B-19%-16%8%2.3×17.8%+12.4%
Zhuhai Bojay Electronics 002975.SZChina$2.32B-13%+71%18%5.9×34.2%+6.0%
All Ring Tech 6187.TWOTaiwan$2.52B-36%+1%29%12.4×26.4%+28.9%
Dmg Mori 6141.TJapan$2.53B-13%+20%4%0.9×12.9%+9.4%
Kalmar KALMAR.HEFinland$2.27B-7%+7%12%1.1×-4.8%-3.6%
China Baoan 000009.SZChina$2.56B-23%+26%7%1.7×n/an/a
CECO Environmental CECOUnited States$2.56B-47%+38%6%3.6×n/an/a
Jungheinrich AG Pref JUN3.DEGermany$2.58B-12%+2%5%0.4×-0.4%+7.6%
Harmonic Drive Systems 6324.TJapan$2.60B-18%+12%7%6.5×n/an/a
Wuxi Autowell Technology 688516.SSChina$2.22B-42%-14%8%2.9×n/an/a

Questions

Who are Doosan Robotics's main competitors?
Named competitors: Universal Robots (Teradyne) (TER), Fanuc (6954.T), ABB (ABBN.SW), Rainbow Robotics (277810.KS). The cockpit's measured peer set (industry) also includes Munters (MTRS.ST), Japan Steel Works (5631.T), Wonik IPS (240810.KS), Amber Enterprises India (AMBER.NS), Timken India (TIMKEN.NS), Yantai Eddie Precision Machinery (603638.SS).
Is Doosan Robotics expensive compared with its peers?
On ev / sales it trades at 52.6× against a peer median of 2.6×, 2nd most expensive of 21 in its peer set.
How has Doosan Robotics stock performed?
Over six months to 6 Nov 2026 the shares returned -54.3% against -20.6% for the median peer; over one year -30.5%.

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.