Vissem Electronics빛샘전자

Vissem Electronics has grown revenue and profit sharply over the past year, but its share price has pulled back over the last month.

Vissem Electronics, a KOSDAQ-listed maker of LED products, optical communication parts, broadband network gear, defense cable assemblies and solder materials, reported trailing twelve-month revenue of ₩143.7B and net income of ₩11.2B to H1 2026. Its 2025 revenue rose 42% to ₩120.9B, and the stock is up 153% over one year, though it is still well below its 52-week high of ₩25,700. The data does not include analyst ratings or price targets.

What stands out

• Trailing net margin is 7.8% and operating margin is 9.3%, both above the 2025 full-year levels of 7.4% and 6.0% reported in the 2024 column.
• Trailing free cash flow is about ₩2.7B, against cash of ₩9.1B and borrowings of ₩8.0B; liabilities are 37.5% of equity.
• At ₩13,290 the stock trades at about 9.5x earnings and 1.2x book, with a 0.5% dividend yield, while the data's base-case DCF value is ₩10,339 and the bull case ₩20,261.
• Foreign ownership fell from 5.6% to 0.4% over about 60 days, and foreign investors were net sellers over the last 20 days while retail investors were net buyers.
• Filings in 2026 include the annual report, the Q1 report, the half-year report, the AGM results and insider shareholding reports; the news list in the data is empty.

What to watch

• The next quarterly or annual results and whether margins hold near the trailing levels.
• Further changes in foreign and institutional ownership, and the stock's movement relative to its 52-week range of ₩4,600 to ₩25,700.
• The DCF base value sits well below the current price, and the data does not explain the gap; the filings and news list provide no detail on the drivers of the recent 1-month fall of 6.4%.