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TSE Co Ltd
KOSDAQ:131290

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TSE Co Ltd
KOSDAQ:131290
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Price: 169 300 KRW 6.41% Market Closed
Market Cap: ₩1.9T

EV/EBITDA

22.5
Current
146%
More Expensive
vs 3-y average of 9.1

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
22.5
=
Enterprise Value
₩1.2T
/
EBITDA
₩80.5B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
22.5
=
Enterprise Value
₩1.2T
/
EBITDA
₩80.5B

Valuation Scenarios

TSE Co Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (9.1), the stock would be worth ₩68 718.06 (59% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-62%
Maximum Upside
No Upside Scenarios
Average Downside
57%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 22.5 ₩169 300
0%
3-Year Average 9.1 ₩68 718.06
-59%
5-Year Average 9 ₩67 536.23
-60%
Industry Average 11.7 ₩88 107.28
-48%
Country Average 8.5 ₩64 175.05
-62%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
₩1.2T
/
Jan 2026
₩80.5B
=
22.5
Current
₩1.2T
/
Dec 2026
₩114.6B
=
10.9
Forward
₩1.2T
/
Dec 2027
₩134.2B
=
9.3
Forward
₩1.2T
/
Dec 2028
₩133.9B
=
9.3
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
KR
TSE Co Ltd
KOSDAQ:131290
1.9T KRW 22.5 49
NL
ASML Holding NV
AEX:ASML
481.7B EUR 34.5 46.6
US
Lam Research Corp
NASDAQ:LRCX
332.3B USD 44.9 53.5
US
Applied Materials Inc
NASDAQ:AMAT
320.2B USD 36 40.8
US
KLA Corp
NASDAQ:KLAC
237.6B USD 40.8 52.1
US
Brooks Automation Inc
LSE:0HQ1
234.5B USD 5 865 -4 053.1
JP
Tokyo Electron Ltd
TSE:8035
20.8T JPY 30.3 41.4
JP
Advantest Corp
TSE:6857
20.3T JPY 45.9 70.2
US
Teradyne Inc
NASDAQ:TER
60.1B USD 73.4 108.4
CN
NAURA Technology Group Co Ltd
SZSE:002371
346.3B CNY 56.8 62.3
JP
Disco Corp
TSE:6146
7.8T JPY 39.7 59.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
KR
T
TSE Co Ltd
KOSDAQ:131290
Average EV/EBITDA: 571.8
22.5
18%
1.3
NL
ASML Holding NV
AEX:ASML
34.5
17%
2
US
Lam Research Corp
NASDAQ:LRCX
44.9
26%
1.7
US
Applied Materials Inc
NASDAQ:AMAT
36
18%
2
US
KLA Corp
NASDAQ:KLAC
40.8
18%
2.3
US
B
Brooks Automation Inc
LSE:0HQ1
5 865
48%
122.2
JP
Tokyo Electron Ltd
TSE:8035
30.3
13%
2.3
JP
Advantest Corp
TSE:6857
45.9
36%
1.3
US
Teradyne Inc
NASDAQ:TER
73.4
38%
1.9
CN
NAURA Technology Group Co Ltd
SZSE:002371
56.8
N/A N/A
JP
Disco Corp
TSE:6146
39.7
16%
2.5
P/E Multiple
Earnings Growth PEG
KR
T
TSE Co Ltd
KOSDAQ:131290
Average P/E: 58.4
49
26%
1.9
NL
ASML Holding NV
AEX:ASML
46.6
20%
2.3
US
Lam Research Corp
NASDAQ:LRCX
53.5
24%
2.2
US
Applied Materials Inc
NASDAQ:AMAT
40.8
20%
2
US
KLA Corp
NASDAQ:KLAC
52.1
22%
2.4
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -4 053.1 N/A N/A
JP
Tokyo Electron Ltd
TSE:8035
41.4
13%
3.2
JP
Advantest Corp
TSE:6857
70.2
50%
1.4
US
Teradyne Inc
NASDAQ:TER
108.4
44%
2.5
CN
NAURA Technology Group Co Ltd
SZSE:002371
62.3
N/A N/A
JP
Disco Corp
TSE:6146
59.5
16%
3.7

Market Distribution

Higher than 78% of companies in Korea
Percentile
78th
Based on 1 135 companies
78th percentile
22.5
Low
0 — 5.3
Typical Range
5.3 — 15.6
High
15.6 —
Distribution Statistics
Korea
Min 0
30th Percentile 5.3
Median 8.5
70th Percentile 15.6
Max 24 013.5

TSE Co Ltd
Glance View

Market Cap
1.9T KRW
Industry
Semiconductors

TSE Co., Ltd. engages in the manufacture and sale of semiconductor testing equipment. The company is headquartered in Cheonan, Chungcheongnam-Do. The company went IPO on 2011-01-05. The Company’s products consist of probe cards, including high performance probe cards (HPCs), compact probe micro-electromechanical systems (MEMSs) and vertical probe cards (VPCs); interface boards, including multichip package (MCP) solutions, high speed interface solutions, module solutions, load boards and tester on-board interface solutions, and light emitting diode (LED) test solutions, including LED testers, LED prober and sorters, LED handlers, LED verification systems of phosphor (VSP) solutions and others. The company also engages in the real estate rental business. The firm distributes its products within domestic market and to overseas markets.

Intrinsic Value
54 360.95 KRW
Overvaluation 68%
Intrinsic Value
Price ₩169 300
T
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