Ray Co., Ltd. (KOSDAQ:228670)

Ray Co., Ltd. Statistics

Total Valuation

Ray Co., Ltd. has a market cap or net worth of KRW 97.51 billion. The enterprise value is 144.61 billion.

Market Cap	97.51B
Enterprise Value	144.61B

Important Dates

The last earnings date was Thursday, November 13, 2025.

Earnings Date	Nov 13, 2025
Ex-Dividend Date	n/a

Share Statistics

Ray Co., Ltd. has 15.60 million shares outstanding. The number of shares has increased by 0.38% in one year.

Current Share Class	15.60M
Shares Outstanding	15.60M
Shares Change (YoY)	+0.38%
Shares Change (QoQ)	+9.95%
Owned by Insiders (%)	9.69%
Owned by Institutions (%)	19.43%
Float	11.16M

Valuation Ratios

PE Ratio	n/a
Forward PE	13.11
PS Ratio	1.00
PB Ratio	1.12
P/TBV Ratio	1.35
P/FCF Ratio	7.16
P/OCF Ratio	6.57
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-6.17
EV / Sales	1.48
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	10.62

Financial Position

The company has a current ratio of 1.15, with a Debt / Equity ratio of 0.95.

Current Ratio	1.15
Quick Ratio	0.82
Debt / Equity	0.95
Debt / EBITDA	n/a
Debt / FCF	6.07
Interest Coverage	-3.71

Financial Efficiency

Return on equity (ROE) is -25.55% and return on invested capital (ROIC) is -6.79%.

Return on Equity (ROE)	-25.55%
Return on Assets (ROA)	-5.76%
Return on Invested Capital (ROIC)	-6.79%
Return on Capital Employed (ROCE)	-19.88%
Revenue Per Employee	548.12M
Profits Per Employee	-131.75M
Employee Count	178
Asset Turnover	0.44
Inventory Turnover	2.01

Taxes

In the past 12 months, Ray Co., Ltd. has paid 7.92 billion in taxes.

Income Tax	7.92B
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +11.01% in the last 52 weeks. The beta is 0.89, so Ray Co., Ltd.'s price volatility has been lower than the market average.

Beta (5Y)	0.89
52-Week Price Change	+11.01%
50-Day Moving Average	5,159.90
200-Day Moving Average	7,038.98
Relative Strength Index (RSI)	71.45
Average Volume (20 Days)	457,976

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, Ray Co., Ltd. had revenue of KRW 97.57 billion and -23.45 billion in losses. Loss per share was -1,492.29.

Revenue	97.57B
Gross Profit	44.43B
Operating Income	-20.60B
Pretax Income	-17.20B
Net Income	-23.45B
EBITDA	-11.35B
EBIT	-20.60B
Loss Per Share	-1,492.29

Balance Sheet

The company has 36.14 billion in cash and 82.60 billion in debt, giving a net cash position of -46.46 billion or -2,977.77 per share.

Cash & Cash Equivalents	36.14B
Total Debt	82.60B
Net Cash	-46.46B
Net Cash Per Share	-2,977.77
Equity (Book Value)	87.40B
Book Value Per Share	5,546.93
Working Capital	15.75B

Cash Flow

In the last 12 months, operating cash flow was 14.84 billion and capital expenditures -1.23 billion, giving a free cash flow of 13.61 billion.

Operating Cash Flow	14.84B
Capital Expenditures	-1.23B
Free Cash Flow	13.61B
FCF Per Share	872.54

Margins

Gross margin is 45.54%, with operating and profit margins of -21.11% and -24.04%.

Gross Margin	45.54%
Operating Margin	-21.11%
Pretax Margin	-17.63%
Profit Margin	-24.04%
EBITDA Margin	-11.63%
EBIT Margin	-21.11%
FCF Margin	13.95%

Dividends & Yields

Ray Co., Ltd. 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	-0.38%
Shareholder Yield	-0.38%
Earnings Yield	-24.05%
FCF Yield	13.96%

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 June 3, 2021. It was a forward split with a ratio of 2.

Last Split Date	Jun 3, 2021
Split Type	Forward
Split Ratio	2

Scores

Ray Co., Ltd. has an Altman Z-Score of 0.65 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.65
Piotroski F-Score	3