Tiger Elec타이거일렉

Tiger Elec has swung to strong trailing profits after losses in 2023 and 2024, but its shares trade at a steep valuation.

Tiger Elec, a KOSDAQ-listed electronic components maker, reported trailing twelve-month revenue of ₩104.8B and operating income of ₩13.7B to H1 2026, with a 13.1% operating margin. The share price is ₩90,900, up 282.7% over one year, and sits near its 52-week high of ₩100,300, while the company pays no dividend. The company profile was not included in the data.

What stands out

• Revenue rose from ₩48.6B in 2023 to ₩80.7B in 2025, and trailing revenue reached ₩104.8B by H1 2026.
• Operating income was negative in 2023 and 2024 but turned positive at ₩7.2B in 2025 and ₩13.7B on a trailing basis.
• Valuation is high: P/E of 66.4, P/B of 8.7 and P/S of 5.5, and the discounted cash flow base value of ₩6,660 is far below the current price.
• Liabilities are 97.4% of equity, with borrowings of ₩21.6B against cash of ₩36.8B.
• Foreign ownership rose from 2.4% to 6.4% over about 60 days, while retail investors were net sellers of about ₩19.2B over the last 20 days.

What to watch

• The Half-year report (Jun 2026) and the next quarterly results, to see whether the margin improvement holds.
• The acquisition of shares in another company (July 2026) and the convertible bond issued in May 2026, which may affect future share count and debt.
• The gap between the share price and the discounted cash flow fair value estimates, given the stock's strong recent run-up.