What is Spigen Korea Co.,Ltd's (192440.KQ) StockRank?

MoatMap's StockRank for Spigen Korea Co.,Ltd (192440.KQ) is 100/100, with a Strong Buy signal. This is a composite score combining Quality (70), Value (93), and Momentum (64) factor ranks across MoatMap's universe of 25,000+ stocks.

Does Spigen Korea Co.,Ltd have an economic moat?

Spigen Korea Co.,Ltd (192440.KQ) has a Quality factor score of 70/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Spigen Korea Co.,Ltd a buy, hold, or sell?

MoatMap's current signal for Spigen Korea Co.,Ltd (192440.KQ) is Strong Buy, based on a StockRank of 100/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.

What sector is Spigen Korea Co.,Ltd in?

Spigen Korea Co.,Ltd (192440.KQ) operates in the Technology sector, specifically the Consumer Electronics industry (South Korea).

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192440.KQ

Strong BuyFull HouseAPPROVE

Spigen Korea Co.,Ltd · Technology · South Korea · $128M · Avg Vol: $163K/d

100

StockRank

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P/E (TTM)

6.0x

ROE

9.8%

D/E

0.0x

Dividend %

1.6%

Dir. Trades · 180d

+$1.4M →

Subst. holders: +$235.3K

Buybacks · 180d

None →

AI CONVICTION THESIS

Spigen Korea demonstrates the 'Scale Economies Shared' model by dominating the mobile accessory market through high-velocity digital distribution. Recent management buying (0.27% of o/s) confirms internal confidence. The firm operates with a clear, defensible moat, and the 'clear reason to buy' news signals reflect observable demand in the real world, supporting a strong PEG-based growth story.

COMPANY DESCRIPTION

Spigen Korea Co.,Ltd, together with its subsidiaries, engages in manufacture, wholesale, and retail of accessories for small mobile devices and electronic devices in South Korea, rest of Asia, Europe, North America, and internationally.

FINANCIAL SUMMARY (KRW)

Year	2022	2023	2024	2025	CAGR	TTM
Revenue	445.9B	447.4B	465.3B	463.7B	1.3%	485.7B
EPS (KRW)	5,476	6,974	4,808	4,967	-3.2%	5,001
Shares	6.0M	6.0M	6.0M	5.8M	-4.1%	5.8M
Debt	3.8B	4.1B	1.9B	6.4B	18.9%	6.6B
Equity	423.0B	467.5B	517.1B	529.1B	7.7%	—
Op CF	20.7B	33.4B	29.4B	43.1B	27.7%	63.9B
Inv CF	-15.5B	-30.7B	-56.0B	-20.3B	—	—
Fin CF	-15.6B	-6.6B	-5.6B	-11.0B	—	—

Loading 1Y...

PRICE (1Y)+2.6%

SMA 50SMA 200

$22.10

RSI (14)

49.2

52W High

$25.70

From 52W High

0.9%

SCORE BREAKDOWN

Quality

ROIC

6.4%47.6

ROE

9.8%56.3

GP/Assets

61.9%92.9

Op. Margin

11.4%65.1

FCF/Assets

8.0%73.1

Piotroski

538.9

Int. Cover

50.0x85.2

D/E Ratio

0.01x86.3

Current Ratio

10.00x96.1

Value

P/E (TTM)

6.0x97.1

EV/EBITDA

-0.8x99.2

P/FCF

4.2x95.6

P/B

0.3x99.2

P/S

0.4x93.9

Div Yield

1.6%55.2

Momentum

52W High %

86%85.3

RS 6M

2%60.9

SMA 50/200

1.11x72.0

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$128M

P/E (Forward)

—

Gross Margin

62.9%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 192440.KQ are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
192440.KQ	Spigen Korea Co.,Ltd(you)	$128M	100	Strong Buy
049070.KQ	Intops Co., Ltd.	$208M	61	Hold
008700.KS	Anam Electronics Co.,Ltd.	$69M	63	Hold
037070.KQ	Paseco Co. Ltd	$84M	43	Hold
270660.KQ	EVERYBOT Inc.	$133M	2	Strong Sell
052330.KQ	Kortek Corporation	$113M	99	Strong Buy
039570.KS	HDC Labs Co., Ltd.	$129M	95	Strong Buy
187870.KQ	DEVICE CO.,Ltd	$107M	98	Strong Buy
077500.KS	Uniquest Corporation	$114M	94	Strong Buy
051160.KQ	GaeaSoft Corp.	$94M	98	Strong Buy

Peer medians: ROE 6.2% · P/E 20.4x · Gross margin 22.0%

Spigen Korea Co.,Ltd (192440.KQ): Stock Score Summary

Spigen Korea Co.,Ltd (192440.KQ) has a MoatMap StockRank of 100/100 based on Quality (70/100), Value (93/100), and Momentum (64/100) factor scores. The current signal is STRONG BUY. Spigen Korea demonstrates the 'Scale Economies Shared' model by dominating the mobile accessory market through high-velocity digital distribution. Recent management buying (0.27% of o/s) confirms internal confidence. The firm operates with a clear, defensible moat, and the 'clear reason to buy' news signals reflect observable demand in the real world, supporting a strong PEG-based growth story.

Key Financial Metrics

Price	$22.10
Market Cap	$128M
P/E (TTM)	6.00
Price/Book	0.33
Return on Equity	9.8%
Return on Invested Capital	6.4%
Debt/Equity	0.01x
Gross Margin	62.9%
Operating Margin	11.4%
Revenue Growth	15.0%
Dividend Yield	1.6%
Free Cash Flow	$30M

Spigen Korea Co.,Ltd operates in the Consumer Electronics industry, part of the Technology sector (South Korea).

Frequently Asked Questions

What is Spigen Korea Co.,Ltd’s (192440.KQ) StockRank?: MoatMap’s StockRank for Spigen Korea Co.,Ltd (192440.KQ) is 100/100, with a Strong Buy signal. It is a composite of Quality (70), Value (93), and Momentum (64) factor ranks across MoatMap’s universe of 25,000+ stocks.
Does Spigen Korea Co.,Ltd have an economic moat?: Spigen Korea Co.,Ltd (192440.KQ) has a Quality factor score of 70/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Spigen Korea Co.,Ltd a buy, hold, or sell?: MoatMap’s current signal for Spigen Korea Co.,Ltd (192440.KQ) is Strong Buy, based on a StockRank of 100/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Spigen Korea Co.,Ltd in?: Spigen Korea Co.,Ltd (192440.KQ) operates in the Technology sector, specifically the Consumer Electronics industry (South Korea).