IDIS is a video-security equipment maker that supplies CCTV cameras installed in buildings, stores, and on roads, along with recording devices (NVR/DVR) that store and manage the footage and monitoring software that brings multiple feeds into one place, all under its own brand at home and abroad. It belongs to the communications and broadcasting equipment sector, with annual revenue of ₩327.6 billion and a mix of equipment sales, solutions, and maintenance. In February 2026, annual revenue of ₩327.6 billion, operating profit of ₩21.2 billion, and net profit of ₩17.0 billion were confirmed, showing renewed earnings growth, and the company decided on a cash and in-kind dividend (payout ratio about 22.7%); Q1 results (revenue ₩78.8 billion, operating profit ₩3.4 billion, net profit ₩5.7 billion) followed in May. The point worth watching is that if video-security demand and margin recovery continue and this year's forward earnings (net profit around ₩23.2 billion) are confirmed, the undervaluation of a P/B of 0.64x and a forward P/E below peers shines through; on the other hand, if a stretch of wobbly quarterly revenue and operating profit like Q1 persists, the pace of recovery may appear slower.
At-a-glance assessment financial health · growth · profitability · valuation
- Debt ratio, current ratio and interest burden all look healthy.
- Revenue rose 4.5% year over year, and the pace is slowing (3-year trend: rising).
- Most recent quarter (Q1 2026) revenue was 2.3% lower than a year earlier.
- ROE is 7.2% (controlling-interest basis).
- Operating margin is 6.5%.
- The P/E sits below the sector median.
Ownership & governance As of 2025-12-31
Largest shareholder IDIS Holdings 46.64% (corporate)
Controlling bloc incl. related parties 52.3%
With the controlling bloc holding 52%, control is very secure but the free float is thin.
🔎 In-depth analysis
- IDIS is a company that makes video-security equipment.
- Its main products are CCTV cameras installed in buildings, stores, and on roads; recording devices (NVR/DVR) that gather, store, and manage the footage; and monitoring software that brings multiple feeds into one place.
- It supplies these under its own brand at home and abroad, and by classification it belongs to the communications and broadcasting equipment sector.
- Annual revenue runs at ₩327.6 billion, in a structure where equipment sales operate alongside solutions and maintenance.
- The latest close is ₩14,920 and the market cap is ₩159.9 billion.
- The price sits above its 20-day line (₩14,852) and below its 60-day line (₩16,342).
- With the short- and mid-term trends crossing, the direction should be read separately.
- The RSI (a supplementary gauge comparing upward and downward momentum over the past 14 days on a 0–100 scale) is 44.8, a neutral level.
- The one-month change is -2.5%, the three-month change is -14.5%, and the position versus the 52-week high is -25.8%.
- Relative strength versus the KOSDAQ is 71 (1–99, converted from returns against the index over the past year with more weight on recent periods; higher means stronger than the market).
- That places it in roughly the top 28% of all stocks by strength.
- Over the past three months it has led the index by 15.8%.
- It is best to read the chart alongside trading volume and disclosure dates.
- Recent annual revenue is ₩327.6 billion, with operating profit of ₩21.2 billion and net profit of ₩17.0 billion.
- The operating margin is 6.5%, ROE (how much it earns in a year on equity) is 7.2%, and the net margin is 5.2%.
- The debt ratio (debt to equity) is 196.2%, but with a current ratio of 308% and an interest-coverage ratio of 4.35x, its capacity to service debt is fairly stable in itself.
- On the diagnostic, financial health reads as 'stable.' On valuation, the current P/E (how many times one year's profit the share price is) is 9.38x and the P/B (how many times book value the share price is) is 0.67x, meaning it trades below its net assets.
- With operating and net profit rising again last year in an earnings-recovery phase, the forward P/E on this year's profit comes out lower than the P/E calculated on last year's figures.
- That forward P/E is below the peer median, which reads as a signal that the price is cheap relative to earnings.
- Revenue rose steadily from ₩278.2 billion in 2023 to ₩313.6 billion in 2024 and ₩327.6 billion in 2025.
- Operating profit dipped once to ₩16.1 billion in 2024, then rose 32% again to ₩21.2 billion in 2025, and net profit recovered 21% to ₩17.0 billion in 2025.
- It is a pattern of earnings climbing again after a one-year pause.
- On this year's forward basis, net profit runs at around ₩23.2 billion, a picture of further growth over last year.
- The backdrop is steady video-security demand and, as margins recover, improving efficiency in turning assets and equity.
- That said, on a Q1 2026 cumulative basis, revenue fell 2.3% year on year and operating profit dropped 22.9% (though net profit rose 15.7%); as this is a business with quarter-to-quarter unevenness, the annual and quarterly trends should be read together.
- On February 6, 2026, a revenue and profit-structure change disclosure confirmed annual results (revenue ₩327.6 billion, operating profit ₩21.2 billion, net profit ₩17.0 billion), and on the same day a cash and in-kind dividend decision was disclosed alongside it.
- This is a point to check whether the flow of returning value to shareholders through dividends continues as earnings recover (payout ratio about 22.7%).
- On May 15, the Q1 2026 report came out (revenue ₩78.8 billion, operating profit ₩3.4 billion, net profit ₩5.7 billion).
- When reading disclosures, it helps to check whether quarterly results move in the same direction as the annual trend and whether any one-off factors are mixed in.
- IDIS operates a business with steady demand in video security, and it is in an earnings-recovery phase, with operating and net profit rising again last year.
- The share price sits below net assets (P/B of 0.64x), and the forward P/E on this year's earnings is below peers, which reads as undervalued.
- On the balance sheet, the debt ratio looks high, but with liquidity and interest-servicing capacity providing support it is fairly stable.
- The strengths show best when video-security demand and margin recovery continue and this year's forward earnings (net profit around ₩23.2 billion) are actually confirmed.
- Conversely, the point to watch is that if a stretch of wobbly quarterly revenue and operating profit like Q1 drags on, or if one-off factors intrude, the pace of recovery may appear slower.
- In sum, it is a phase where 'if the earnings recovery continues, the cheap price shines, while if quarterly swings drag on, confirmation is delayed.'
🔎 Valuation vs peers Undervalued
A peer set drawn from communications and broadcasting equipment names close in market cap.
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Genoray | — | 2.56x | -4.10% |
| AP Satellite | — | 1.15x | -2.67% |
| Ubiquoss | 5.77x | 0.71x | 12.29% |
We looked first at a public-data peer set close in market cap within communications and broadcasting equipment. The current P/E (how many times one year's profit the share price is) is 9.38x and the P/B (how many times book value the share price is) is 0.67x. That said, because smaller-cap names are heavily affected by earnings swings and financing disclosures, we did not draw firm conclusions from last year's confirmed-results metrics alone. The basis for the outlook box is a DART seasonality approximation.
Earnings outlook company-stated · verified
| Type | Period | Revenue | Operating profit | Net profit |
|---|---|---|---|---|
| This year | 2026 | ₩325.8 billion | ₩14.1 billion | ₩23.2 billion |
| Next quarter | Q2 2026 | ₩78.2 billion | ₩3.9 billion | ₩5.4 billion |
Price history Close · MA20 · MA60
The latest close is ₩14,920 and the market capitalization is ₩159.9 billion. The price sits above its 20-day moving average (₩14,852) and below its 60-day moving average (₩16,342). Short-term and medium-term trends are diverging, so the direction is best read separately. The RSI (a supplementary indicator that gauges the strength of gains versus losses over the past 14 days on a 0-100 scale) is 44.8, a neutral level. The one-month change is -2.5%, the three-month change is -14.5%, and the position relative to the 52-week high is -25.8%. Relative strength versus the KOSDAQ is 71 (on a 1-99 scale, converted from returns against the index over the past year with more weight on recent performance; higher means stronger than the market). It is stronger than roughly 72% of all stocks. Over the past three months it outpaced the index by 15.8%. Chart interpretation is best done alongside trading volume and the dates on which disclosures occur.
Relative performance stock vs index · start = 100
Excess return vs index · 3M +15.77% / 6M +2.77% / 12M -0.42%
Key metrics vs sector median
Valuation
The P/E of 9.38x is below the sector median (16.19x). The P/B of 0.67x is below the sector median (1.32x). Both metrics are low versus peers, so the price is not expensive relative to earnings and assets.
Enterprise value (EV)
EV = market cap + net debt. It reflects cash and debt, so it captures the real cost of the whole business that market cap alone misses; lower multiples are cheaper relative to earnings or sales.
Profitability & financials
Return on equity (ROE) is 7.2%. The operating margin is 6.5%. The debt ratio is 196.2%, so the financial structure is moderate.
Growth FY2025 · annual report (consolidated)
| Item | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|
| Revenue | $184.4M | $207.9M | $217.1M | +4.45% ↓ slower |
| Operating profit | $15.0M | $10.7M | $14.1M | +32.05% ↑ faster |
| Net profit | $13.4M | $9.3M | $11.3M | +21.33% ↑ faster |
| 5-year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $135.2M | $178.9M | $184.4M | $207.9M | $217.1M |
| Operating profit | $12.1M | $18.5M | $15.0M | $10.7M | $14.1M |
| Net profit | $15.4M | $8.1M | $13.4M | $9.3M | $11.3M |
| Revenue CAGR | 4-yr avg 12.56% | ||||
Revenue rose 4.5% year over year (2023 ₩278.2 billion → 2024 ₩313.6 billion → 2025 ₩327.6 billion), and the three-year trend is 'rising'. That said, the pace of growth slowed from the prior year. Operating profit rose 32.0% year over year. Profit is growing at an accelerating pace. Over the 5 years on record, revenue compound annual growth (CAGR) is 12.6%. The two-year revenue CAGR is 8.5%. In the most recent quarter (Q1 2026), revenue was 2.3% lower than the same period a year earlier.
Latest quarterly results Q1 2026 · vs year-ago
Technical indicators
What stands out
- P/E and P/B are both low versus peers, so the price looks inexpensive relative to earnings and assets.
- The balance sheet is stable in terms of debt and liquidity.
Points to watch
- Revenue rose 4.5% year over year, and the pace is slowing (3-year trend: rising).
Recent news & events searched · sourced
- 2026-02-06EarningsChange of 30% or more in revenue or profit structure (15% for large corporations): annual revenue ₩327.6 billion, operating profit ₩21.2 billion, net profit ₩17.0 billionThis is the latest confirmed or preliminary results data. Check whether it moves in the same direction as the annual trend and whether any one-off factors are present. Source
- 2026-02-06UpdateCash and in-kind dividend decision: check the return termsThis is a disclosure related to cash returns or changes in share count. Confirm that earnings strength and cash flow provide support. Source
- 2026-05-15EarningsQuarterly report (2026.03): Q1 2026 revenue ₩78.8 billion, operating profit ₩3.4 billion, net profit ₩5.7 billionThis is the latest confirmed or preliminary results data. Check whether it moves in the same direction as the annual trend and whether any one-off factors are present. Source
Figure cross-check computed ↔ external
| Metric | Computed | External | Status | Source |
|---|---|---|---|---|
| Closing price | ₩14,920 | ₩14,920 | Confirmed | link |
| Latest quarterly results | revenue ₩78.8 billion, operating profit ₩3.4 billion | revenue ₩78.8 billion, operating profit ₩3.4 billion | Confirmed | link |
| Annual results | revenue ₩327.6 billion, operating profit ₩21.2 billion | revenue ₩327.6 billion, operating profit ₩21.2 billion | Confirmed | link |
| Results disclosure (original text) | revenue30%: revenue ₩327.6 billion · operating profit ₩21.2 billion · net profit ₩17.0 billion | revenue30%: revenue ₩327.6 billion · operating profit ₩21.2 billion · net profit ₩17.0 billion | Confirmed | link |
| Shareholder-return disclosure (original text) | ㆍ: | ㆍ: | Confirmed | link |
| Results disclosure (original text) | (2026.03): 2026 1 revenue ₩78.8 billion · operating profit ₩3.4 billion · net profit ₩5.7 billion | (2026.03): 2026 1 revenue ₩78.8 billion · operating profit ₩3.4 billion · net profit ₩5.7 billion | Confirmed | link |
| Outlook-box basis | DART | DART | Confirmed | link |
Recent filings
- 2026-06-05OwnershipOwnership-change filing
- 2026-05-15PeriodicQuarterly report
- 2026-04-10OwnershipOwnership-change filing
- 2026-03-26Disclosure
- 2026-03-26Shareholders' meeting notice
- 2026-03-18PeriodicAnnual business report
- 2026-03-13Audit report
- 2026-02-26Shareholders' meeting notice
- 2026-02-26Shareholders' meeting notice
📖 Plain-language glossary — expand if you are new to this
- P/E
- How many times a year's net profit the price is worth (lower is cheaper relative to earnings). The P/E here is on trailing (last full-year) results; for companies whose earnings swing fast (memory chips and other cyclicals/high-growth), a forward P/E on this year's expected earnings is more accurate.
- P/B
- Price relative to net assets (equity). Around 1x means it trades near book value; below 1x means below book.
- P/S
- Price relative to a year's revenue — useful for growth companies with thin earnings.
- Net debt / EV
- Net debt = interest-bearing debt − cash. Negative means more cash than debt (net cash). EV (enterprise value) = market cap + net debt, closer to what it would cost to buy the whole business.
- EV/EBIT · EV/EBITDA · EV/Sales
- Enterprise value against operating profit (EBIT), EBITDA, or revenue. Unlike P/E these reflect debt and cash; lower is cheaper relative to earnings power or sales.
- FCF / FCF yield
- Free cash flow = operating cash − capex, the cash actually left over. FCF yield = FCF ÷ market cap; higher means more cash generated per unit of market value.
- Intrinsic value (DCF)
- Future free cash flow (or, for some capex-heavy but profitable names, forecast earnings) discounted to today to estimate per-share value. Because it shifts a lot with the discount-rate and growth assumptions, it is shown as a bear/base/bull range, and the basis and assumptions are disclosed in one line beneath it.
- ROE
- How much profit the company earns in a year on its equity (%). Higher means better returns on capital.
- EPS / BPS
- Earnings per share / net assets (book value) per share.
- Operating / net margin
- Profit left from the core business / final profit after tax and interest, per unit of revenue.
- Debt ratio
- Debt relative to equity (%). Higher means more reliance on borrowing (norms vary by sector).
- Current ratio
- Assets convertible to cash within a year against debt due within a year. Above 100% leaves some short-term headroom.
- Interest coverage
- How many times operating profit covers the interest owed. Below 1x means operating profit alone struggles to cover interest.
- Dividend yield / payout ratio
- The year's dividend as a % of today's price / the share of earnings paid out as dividends.
- Revenue CAGR
- Multi-year growth expressed as a single yearly average (compound annual growth rate).
- RSI (short-term signal)
- Whether recent price action is overheated or beaten down. Above 70 is overbought, below 30 oversold.
- MA20 / MA60 (moving averages)
- The 20- and 60-day average price. Price above them signals a firmer short-term trend.
- vs 52-week high
- How far below the past year's peak the price sits now (%).
All figures are for reference only; how they read varies by sector and over time.
Sources: Korea FSC market-price API (data.go.kr), OpenDART, KRX/KIND — public data only.
Bong Stocks presents public-data-based information for reference only. It is not investment advice and contains no target prices, ratings, or buy/sell recommendations. Verify independently before making any decision.