Wiable Corp.

Wiable Corp.

KKRX:065530
1,353.00
KRW
+32.00
(+2.42%)
115.90EPS
15.93P/E
88.31BMarket Cap
Wiable Corp.
KRX:065530
(Korea Stock Exchange)

Recent

price

1,353.00

P/E

ratio

15.93

div

yld

3.70%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
1,742.37
2,063.04
2,541.85
2,036.66
3,137.99
2,286.51
1,792.38
1,654.15
1,444.05
1,874.79
1,920.18
1,686.23
1,346.26
1,519.34
1,673.08
1,577.77
1,568.96
Revenue per Share
54.5
110
183.5
178.26
275.5
154.4
130.9
82
22
45
65
54
51
49
63
95
115.9
Basic EPS, GAAP
-40.73
-118.97
-449.26
694.9
397.5
281.19
184.52
196.79
-29.47
160.48
228.89
449.74
48.18
-311.41
2.74
-46.58
-47.99
Free Cash Flow per Basic Share
49.95
49.99
50
50
50.01
49.99
50.47
50.89
52.53
50.01
49.68
49.44
50.07
50.08
50.37
49.96
50
Dividend per Share
861.81
917.88
1,051.68
1,178.44
1,377.87
1,482.45
1,562.55
1,595.64
1,517.34
1,518.62
1,541.31
1,579.39
1,580.61
1,573.8
1,586.34
1,631.46
1,603.42
Book Value per Share
836.89
892.42
1,032.83
1,162.36
1,372.79
1,473.59
1,541.02
1,573.8
1,489.34
1,471.35
1,477.76
1,483.18
1,468.06
1,462.15
1,447.76
1,509.98
1,471.15
Tangible Book Value per Share
53
53
53
53
53
53
52
50
46
46
46
47
48
48
47
48
48
Basic Weighted Avg Shares
92,191
109,073
134,350
107,658
165,848
120,880
93,856
83,104
65,938
86,275
88,960
78,496
64,284
72,569
79,443
75,539
75,057
Sales/Revenue/Turnover
7.15
7.22
7.4
10.22
12.37
9.77
10.64
6.69
3.13
4.02
4.98
4.69
5.3
3.97
4.82
7.25
8.65
Operating Margin (%)
13,840
15,356
16,290
18,577
21,441
23,704
22,445
21,155
19,321
20,425
19,955
18,385
15,931
13,225
13,435
13,830
13,935
Depreciation Expense
2,884
5,816
9,699
9,423
14,561
8,163
6,854
4,120
1,005
2,071
3,011
2,514
2,435
2,340
2,991
4,548
5,544
Net Income, GAAP
15.15
12.48
17.01
- -
20.89
21.99
23.59
23.06
24.44
25.05
25.24
28.01
29.64
29.18
14.44
13.24
9.81
Effective Tax Rate (%)
3.13
5.33
7.22
8.75
8.78
6.75
7.3
4.96
1.52
2.4
3.39
3.2
3.79
3.23
3.77
6.02
7.39
Profit Margin (%)
-19,484
-18,717
-11,927
-21,016
-36,721
-18,121
-3,184
-5,054
-9,227
-13,317
-5,459
6,119
7,542
-2,275
-4,300
-3,533
-5,613
Working Capital
1,250
250
4,000
12,000
6,625
6,167
4,833
- -
8,000
5,857
6,301
8,881
6,991
8,034
5,729
3,955
4,666
LT Debt
45,555
48,519
55,592
62,292
72,834
78,363
79,629
76,246
69,844
69,903
70,948
75,521
75,615
75,289
75,888
78,047
76,705
Total Equity
10.71
10
8.36
- -
11.97
7
6.58
4.15
1.58
2.63
3.32
2.66
2.55
2.16
3.16
4.49
5.61
Return on Invested Capital (%)
7.63
11.15
12.9
- -
13.04
8.05
7.3
5.01
2.05
2.98
3.75
2.96
3.06
3.04
4.05
5.3
5.81
Return on Capital (%)
6.44
12.36
18.63
15.99
21.55
10.8
8.68
5.29
1.38
2.96
4.28
3.43
3.22
3.1
3.96
5.91
7.38
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
22,725
22,158
23,870
LT Borrowings
- -
- -
- -
LT Finance Leases
4,347
3,955
4,666
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
48
48
Market Capitalization
66,496
64,822
88,310

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
29,681
43,705
39,976
Cash, Cash Equivalents & STI
2,135
6,877
4,464
Accounts Receivable, Net
14,661
22,822
21,025
Inventories
- -
- -
- -
Total Current Liabilities
36,274
47,238
45,589
Payables & Accruals
- -
- -
- -
ST Debt
22,725
22,158
23,870
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.03%
1.96%
2.84%
Free Cash Flow
-340.43%
-530.56%
-1,813.84%
Net Income, GAAP
7.63%
11.26%
52.04%
Sales/Revenue/Turnover
-3.3%
-2.48%
-4.91%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17,356
22,984
13,479
25,624
79,443
2025
12,435
16,713
15,562
30,829
75,539
2026
11,954
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17
3
12
30.19
63
2025
1
12.86
15.16
65.92
95
2026
21.96
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
50.35
- -
- -
- -
50.37
2025
43.98
- -
- -
- -
49.96
2026
50
- -
- -
- -
- -
Business
Wiable Corp. is a South Korea-based information and communications technology (ICT) infrastructure and telecommunications solutions provider specializing in the construction, leasing, operation, and maintenance of shared wireless base stations and specialized telecommunications networks. Founded in 1996 and headquartered in Seoul, South Korea, the company operates nationwide infrastructure primarily serving major South Korean mobile network operators—including SK Telecom, KT, and LG Uplus—as well as government entities, municipal transport authorities, and defense agencies. Wiable Corp. organizes its business across specialized telecommunications infrastructure, public network construction, defense electronics, and renewable energy sectors. Its core products and services comprise shared mobile communication base station infrastructure and steel transmission towers; underground and enclosed-area wireless coverage systems for subways, road tunnels, and high-density urban corridors; specialized public communications networks, including railway LTE-R, public safety PS-LTE, and maritime LTE-M systems; Cooperative Intelligent Transport Systems (C-ITS) and smart traffic infrastructure; artificial intelligence (AI) and deep learning-powered perimeter surveillance and defense security systems; solar photovoltaic (PV) engineering, procurement, and construction (EPC) services and asset management through its WeRise solar platform; electric vehicle (EV) charging infrastructure; and comprehensive radio frequency (RF) network maintenance and facility optimization services. In recent strategic developments, the company has broadened its portfolio into advanced defense equipment and renewable energy management. In August 2025, Wiable Corp. secured a KRW 9.3 billion defense procurement contract with South Korea's Defense Acquisition Program Administration (DAPA) to supply Biho air-defense detection units through November 2027. Under its mid-term corporate value enhancement roadmap, the company has committed capital expenditures of KRW 50 billion toward expanding solar power generation assets and establishing an integrated power trading management platform, supported by a strategic partnership with Solar Play. Furthermore, Wiable Corp. entered the virtual media production domain through the launch of its LATS Studio, building on the strategic repositioning initiated with its corporate name change to Wiable Corp. from Korea Radio Base Station.