TigerElec Co., Ltd.

TigerElec Co., Ltd.

KKRX:219130
87,100.00
KRW
-3,800.00
(-4.18%)
1,692.85EPS
35.50P/E
379.49BMarket Cap
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
6,474.41
5,870.73
4,424.98
5,297.96
5,345.19
5,543.51
6,899.57
7,974.96
9,203.64
7,690.5
9,893.43
12,778.61
16,591.2
Basic EPS, GAAP
693
500.16
143
597
344
255
701
500
569
-405
44
835
1,692.85
Free Cash Flow per Basic Share
274
208.2
-212.96
267.3
-217.37
-585.64
-196.03
-1,118
804.36
-386.85
-356.24
-707.36
982.74
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3,475.39
5,459.72
5,647.78
6,264.69
6,626.22
6,914.52
7,639.13
8,158.36
8,780.97
8,362.42
8,387.58
9,225.98
10,435.72
Tangible Book Value per Share
3,379.57
5,374.9
5,562.96
6,179.87
6,541.4
6,829.7
7,554.31
8,073.54
8,696.15
8,277.6
8,302.76
9,141.16
10,350.9
Basic Weighted Avg Shares
4
5
6
6
6
6
6
6
6
6
6
6
6
Sales/Revenue/Turnover
25,900
26,923
28,000
33,444
33,746
35,063
43,552
50,318
58,072
48,570
61,822
80,679
104,765
Operating Margin (%)
13.5
11.22
4.07
14.01
7
4.17
13.44
4.58
5.36
-6.33
-3.1
8.95
13.09
Depreciation Expense
1,665
1,857
1,986
2,236
2,531
3,105
3,417
4,655
4,556
4,400
4,519
4,705
4,911
Net Income, GAAP
2,772
2,294
905
3,769
2,172
1,613
4,425
3,155
3,590
-2,558
275
5,272
10,689
Effective Tax Rate (%)
22.55
22.13
34.54
16.73
18.25
3.13
15.76
18.52
18.23
- -
40.53
18.69
19.7
Profit Margin (%)
10.7
8.52
3.23
11.27
6.44
4.6
10.16
6.27
6.18
-5.27
0.44
6.53
10.2
Working Capital
7,535
18,122
17,793
19,720
18,772
12,944
5,031
12,064
19,329
10,027
11,952
28,725
31,434
LT Debt
5,782
647
- -
- -
- -
7
51
- -
12
13
58
4,864
2,872
Total Equity
19,425
34,474
35,662
39,557
41,840
43,660
48,236
51,514
55,446
52,803
52,962
58,256
65,894
Return on Invested Capital (%)
- -
6.98
2.02
10.22
4.68
2.9
8.46
3
3.92
- -
-1.77
8.22
13.69
Return on Capital (%)
- -
7.78
2.49
10.02
5.34
3.41
7.93
5.35
5.94
- -
0.8
8.01
14.28
Return on Common Equity (%)
- -
8.51
2.58
10.02
5.34
3.77
9.63
6.33
6.71
-4.73
0.52
9.48
17.68

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
13,079
13,000
18,809
LT Borrowings
4,800
4,800
2,800
LT Finance Leases
64
- -
72
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
140,177
172,064
379,489

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
53,022
55,849
89,603
Cash, Cash Equivalents & STI
8,153
7,591
36,839
Accounts Receivable, Net
15,928
20,332
23,615
Inventories
25,661
25,309
23,920
Total Current Liabilities
24,297
25,276
58,169
Payables & Accruals
- -
- -
- -
ST Debt
13,079
13,000
18,809
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.49%
3.99%
10%
Free Cash Flow
-30.27%
48.34%
100.62%
Net Income, GAAP
188.27%
304.1%
1,817.38%
Sales/Revenue/Turnover
12.48%
14.48%
30.5%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,181
15,725
17,596
15,321
61,822
2025
17,016
19,236
20,375
24,052
80,679
2026
26,835
33,503
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
98
28
-66
-15.54
44
2025
126
201
207.25
300.58
835
2026
449.99
735
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Gyeong-Seob Lee
Full Time Employees
246
Sector
Electronic technology
Industry
Semiconductors
Address
Inchon South Korea
IPO Date
Sep 25, 2015
Business
TigerElec Co., Ltd. is a South Korea-based semiconductor component manufacturer specializing in the design, development, and fabrication of high-density, multilayer printed circuit boards (PCBs) used in semiconductor test and inspection processes. Founded in 1991 and headquartered in Incheon, South Korea, the company operates as a core subsidiary of TSE Co., Ltd., catering to integrated device manufacturers, outsourced semiconductor assembly and test (OSAT) providers, and test interface vendors across South Korea, broader Asia, and global markets. TigerElec provides a comprehensive portfolio of specialized semiconductor test interface boards, including probe card PCBs for wafer-level electrical testing and sorting; load board PCBs for final package verification and characterization; burn-in board PCBs for prolonged thermal and electrical stress screening; socket board PCBs for high-speed device testing; and space transformer (STO) substrate boards engineered for fine-pitch micro-interconnection. In recent operational developments, the company has expanded its manufacturing capabilities and upgraded its fabrication facilities to address surging demand for advanced artificial intelligence (AI) semiconductors and High Bandwidth Memory (HBM) inspection hardware. Over the past two years, TigerElec has reinforced its strategic alignment within the TSE Group by optimizing its ultra-high-layer PCB manufacturing processes—supporting designs exceeding 130 layers—for integration with TSE's unified i3unify test architecture, while advancing capital investments in fine-pitch processing equipment to support next-generation high-performance computing test interfaces.