LIG Defense&Aerospace

LIG Defense&Aerospace

KKRX:079550
483,000.00
KRW
-15,500.00
(-3.11%)
12,251.08EPS
54.83P/E
15.71TMarket Cap
Nov 06Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
70,016.37
92,729.03
84,572.93
80,059.83
67,278.99
66,126.54
73,655.71
83,759.07
101,897.7
105,926.96
150,323.61
197,262.83
216,610.66
Basic EPS, GAAP
2,528
4,044
3,502
-392.19
203
145
2,664
4,829
5,641
8,028
10,068
11,604
13,114.04
Free Cash Flow per Basic Share
-311.61
-2,247.05
-9,361.32
-6,934.61
-6,655.35
3,988.24
5,403.42
2,812.08
17,521.97
17,626.29
17,649.3
-38,018.34
-62,734.19
Dividend per Share
670.08
613.74
939.91
940
500.89
500.73
607.53
896.48
1,200.02
1,500.03
1,949.92
2,395.7
- -
Book Value per Share
16,277.99
26,230.84
28,711.32
27,453.57
29,551.52
28,817.02
31,034.09
35,023.02
42,909.22
48,285.84
55,488.34
65,465.03
73,022.14
Tangible Book Value per Share
12,910.6
22,492.83
24,996.84
24,114.1
26,098.23
24,382.24
25,184.02
28,248.49
35,040.26
39,649.45
23,560.03
35,837.99
42,159.16
Basic Weighted Avg Shares
20
21
22
22
22
22
22
22
22
22
22
22
22
Sales/Revenue/Turnover
1,400,164
1,903,704
1,860,785
1,761,316
1,477,508
1,452,651
1,600,344
1,822,194
2,220,752
2,308,571
3,276,340
4,306,936
4,731,913
Operating Margin (%)
5.14
5.89
4.71
0.24
1.63
1.25
3.98
5.33
8.07
8.07
6.82
7.42
8.56
Depreciation Expense
42,515
47,350
47,593
49,702
49,965
54,303
51,604
57,146
53,678
68,826
85,673
124,143
149,390
Net Income, GAAP
50,554
83,022
77,051
-8,628
4,458
3,185
57,882
105,056
122,940
174,962
219,435
253,356
286,479
Effective Tax Rate (%)
19.32
20.87
7.65
- -
60.29
76.85
- -
18.64
22.08
5.43
- -
14.71
19.09
Profit Margin (%)
3.61
4.36
4.14
-0.49
0.3
0.22
3.62
5.77
5.54
7.58
6.7
5.88
6.05
Working Capital
-293,356
-94,422
-102,873
28,311
113,925
143,361
165,291
4,780
-76,505
-114,770
-721,950
-593,288
-182,820
LT Debt
5,599
4,829
3,238
238,401
337,423
415,124
495,967
323,180
120,934
53,836
215,626
313,605
642,630
Total Equity
358,116
577,078
631,649
603,978
650,133
633,974
672,509
763,304
935,179
1,052,359
1,263,877
1,476,108
1,640,638
Return on Invested Capital (%)
- -
15.79
10.42
- -
0.8
0.33
- -
5.98
10.59
13.29
- -
12.98
12.62
Return on Capital (%)
- -
16.06
10.61
- -
0.87
0.56
- -
8.81
10.2
14.13
- -
13.59
12.65
Return on Common Equity (%)
- -
17.76
12.75
-1.4
0.71
0.5
8.86
14.63
14.48
17.61
19.4
19.2
19.48

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
631,433
891,656
1,102,392
LT Borrowings
255,120
593,092
588,772
LT Finance Leases
58,485
55,922
53,858
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
22
22
22
Market Capitalization
9,196,850
13,347,448
15,706,735

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,622,223
5,916,061
6,234,923
Cash, Cash Equivalents & STI
155,920
45,916
73,605
Accounts Receivable, Net
510,568
465,110
446,723
Inventories
593,084
490,114
488,837
Total Current Liabilities
6,215,511
6,137,929
6,417,743
Payables & Accruals
- -
- -
- -
ST Debt
631,433
891,656
1,102,392
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.18%
17.09%
16.79%
Free Cash Flow
35.17%
32.25%
-315.79%
Net Income, GAAP
160.03%
36.34%
15.46%
Sales/Revenue/Turnover
9.78%
22.61%
31.46%
Total Cash Common Dividend
- -
31.99%
23.08%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
763,537
604,684
740,297
1,167,823
3,276,340
2025
907,623
945,351
1,049,198
1,404,765
4,306,936
2026
1,167,857
1,110,094
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,779
2,095
1,972
3,325.97
10,068
2025
3,778
4,901
2,715.14
212.15
11,604
2026
6,404.75
3,782
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1,949.92
2025
- -
- -
- -
- -
2,395.7
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ik-Hyeon Shin
Full Time Employees
5,382
Sector
Electronic technology
Industry
Aerospace & defense
Address
207, Mabuk-ro Yongin-si GY South Korea 446-798
IPO Date
Oct 2, 2015
Business
LIG Nex1 Co., Ltd. develops and manufactures advanced weapon systems for defense and security applications worldwide. The company offers precision guided munitions including ground-based, ship-launched, air-launched, and underwater guided missiles such as Hyunmoo-3 cruise missiles, AT-1K Raybolt anti-tank missiles, SSM-700K C-Star anti-ship missiles, KP-SAM Chiron, and K-SAM Pegasus surface-to-air missiles; maritime warfare products encompassing torpedoes, sonar surveillance systems, and unmanned surface vessels like Sea Sword-X, Recon USV, and Suicide USV; intelligence, surveillance, and reconnaissance systems featuring radar, electronic optics, imaging radars, and SONAR; command, control, communication, computers, and intelligence solutions such as tactical data links, surface combat management systems, and military satellite communication systems; avionics and drones including mission systems, flight control, and small reconnaissance-and-strike drones; electronic warfare systems for airborne, ground-based, and maritime platforms like KF-21 EW Suite and K-Electronic Shield; and unmanned systems and future warfare technologies incorporating robotics, cyber warfare, high-energy weapons, and AI-enabled modular missile systems. LIG Nex1 operates primarily in South Korea with facilities in Yongin-si headquarters, Changwon, Daejeon, and Gimcheon, alongside international offices in the United States, Colombia, Indonesia, Saudi Arabia, and a newly opened European liaison office in Munich, Germany; it serves the Republic of Korea Armed Forces and exports to Middle Eastern, Asian, European, and Latin American markets. Founded in 1976 and headquartered in Yongin-si, South Korea, the company, part of LIG Corp., recently acquired a 60% stake in U.S.-based Ghost Robotics for $240 million in July 2024 to advance autonomous robotic solutions; partnered with Anduril on next-generation weapons systems in April 2025 and with Electroninks on conductive metal inks for defense components in December 2024; unveiled three new unmanned surface vessels at MADEX 2025; opened a Munich liaison office and expanded its Saudi Arabia office in 2025 to bolster European and Middle Eastern cooperation; and leads R&D for Korea's electronic warfare aircraft while launching a factory for next-generation CIWS-II close-in weapon systems.