Photon Co., Ltd. (KOSDAQ:208710)

Photon Statistics

Total Valuation

Photon has a market cap or net worth of KRW 27.80 billion. The enterprise value is 33.41 billion.

Market Cap	27.80B
Enterprise Value	33.41B

Important Dates

The next estimated earnings date is Friday, November 14, 2025.

Earnings Date	Nov 14, 2025
Ex-Dividend Date	n/a

Share Statistics

Photon has 13.18 million shares outstanding. The number of shares has increased by 14.78% in one year.

Current Share Class	13.18M
Shares Outstanding	13.18M
Shares Change (YoY)	+14.78%
Shares Change (QoQ)	-0.01%
Owned by Insiders (%)	0.91%
Owned by Institutions (%)	n/a
Float	7.52M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.23
PB Ratio	0.59
P/TBV Ratio	0.60
P/FCF Ratio	n/a
P/OCF Ratio	39.22
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.21, with an EV/FCF ratio of -8.81.

EV / Earnings	-2.81
EV / Sales	0.27
EV / EBITDA	13.21
EV / EBIT	n/a
EV / FCF	-8.81

Financial Position

The company has a current ratio of 1.07, with a Debt / Equity ratio of 0.27.

Current Ratio	1.07
Quick Ratio	0.87
Debt / Equity	0.27
Debt / EBITDA	5.04
Debt / FCF	-3.36
Interest Coverage	-5.30

Financial Efficiency

Return on equity (ROE) is -16.58% and return on invested capital (ROIC) is -3.84%.

Return on Equity (ROE)	-16.58%
Return on Assets (ROA)	-2.90%
Return on Invested Capital (ROIC)	-3.84%
Return on Capital Employed (ROCE)	-8.08%
Revenue Per Employee	3.50B
Profits Per Employee	-339.80M
Employee Count	35
Asset Turnover	1.50
Inventory Turnover	20.40

Taxes

In the past 12 months, Photon has paid 706.91 million in taxes.

Income Tax	706.91M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -14.02% in the last 52 weeks. The beta is 0.71, so Photon's price volatility has been lower than the market average.

Beta (5Y)	0.71
52-Week Price Change	-14.02%
50-Day Moving Average	2,148.74
200-Day Moving Average	2,562.44
Relative Strength Index (RSI)	48.65
Average Volume (20 Days)	129,980

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Photon had revenue of KRW 122.67 billion and -11.89 billion in losses. Loss per share was -908.75.

Revenue	122.67B
Gross Profit	3.76B
Operating Income	-3.80B
Pretax Income	-7.65B
Net Income	-11.89B
EBITDA	2.53B
EBIT	-3.80B
Loss Per Share	-908.75

Balance Sheet

The company has 7.13 billion in cash and 12.74 billion in debt, giving a net cash position of -5.61 billion or -425.79 per share.

Cash & Cash Equivalents	7.13B
Total Debt	12.74B
Net Cash	-5.61B
Net Cash Per Share	-425.79
Equity (Book Value)	46.90B
Book Value Per Share	3,559.36
Working Capital	2.36B

Cash Flow

In the last 12 months, operating cash flow was 708.86 million and capital expenditures -4.50 billion, giving a free cash flow of -3.79 billion.

Operating Cash Flow	708.86M
Capital Expenditures	-4.50B
Free Cash Flow	-3.79B
FCF Per Share	-287.96

Margins

Gross margin is 3.07%, with operating and profit margins of -3.10% and -9.70%.

Gross Margin	3.07%
Operating Margin	-3.10%
Pretax Margin	-6.23%
Profit Margin	-9.70%
EBITDA Margin	2.06%
EBIT Margin	-3.10%
FCF Margin	n/a

Dividends & Yields

Photon does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-14.78%
Shareholder Yield	n/a
Earnings Yield	-42.78%
FCF Yield	-13.65%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on April 28, 2025. It was a reverse split with a ratio of 0.2.

Last Split Date	Apr 28, 2025
Split Type	Reverse
Split Ratio	0.2

Scores

Photon has an Altman Z-Score of 1.7 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.7
Piotroski F-Score	2