Victek Co., Ltd.
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Victek Co., Ltd. Financial Snapshot
Operating Performance
Fast Facts
349, Gakpyeong-Ri, Icheon, 467-814,South The company reported revenue of US$36.80 million
Headquarters Address
Korea during the fiscal year 2010 (2010). The company's
revenue grew at a CAGR of 1.53% during 2006–
Telephone + 82 31 6317301
2010, with an annual decline of 8.74% over 2009. In
2010, the company recorded an operating margin of
Fax + 82 31 631731113 7.04%, as against 10.20% in 2009.
Website www.victek.co.kr
Revenue and Margins
Ticker Symbol, Stock Exchange 065450, KOSDAQ
Number of Employees 203
Fiscal Year End December
Revenue (in US$ million) 36.80
Revenue (in KRW million) 42,681.48
SWOT Analysis Return on Equity
Strengths Weaknesses The company recorded a return on equity (ROE) of
7.54% for 2010, as compared to its peers, Samsung
Strong financial leverage Overdependence on select region TechWin Co., Ltd. (Ticker: 012450), Cubic
Corporation (Ticker: CUB) and Huneed Technologies
(Ticker: 005870), which recorded ROEs of 18.45%,
Strong liquidity position 14.47% and -5.71% respectively. The company
reported an operating margin of 7.04% in 2010.
Strong operating performance
Return on Equity
Opportunities Threats
Growing South Korean defense market Government contract compliance
Steady Growth in South Korean
Unstable Korean labor market
homeland security market
Liquidity Position
The company reported a current ratio of 2.03 in 2010,
as compared to its peers, Samsung TechWin Co.,
Ltd., Cubic Corporation and Huneed Technologies,
which recorded current ratios of 1.07, 2.20 and 2.17
respectively. As of December 2010, the company
recorded cash and short-term investments of worth
US$14.14 million, against US$0.27 million current
debt. The company reported a debt to equity ratio of
0.05 in 2010 as compared to its peers, Samsung
TechWin Co., Ltd., Cubic Corporation and Huneed
Technologies, which recorded debt to equity ratios of
0.64, 0.04 and 0.60 respectively.
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Victek Co., Ltd. - SWOT Profile Page 1
Victek Co., Ltd.
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
2.2 Key Financial Performance Indicators .................................................................................................................10
2.2.1 Revenue and Operating Profit .........................................................................................................................10
2.2.2 Asset, Liabilities and Capex .............................................................................................................................11
2.2.3 Operational Efficiency ......................................................................................................................................12
2.2.4 Solvency ..........................................................................................................................................................13
2.2.5 Valuation ..........................................................................................................................................................14
2.3 Competitive Benchmarking ..................................................................................................................................15
2.3.1 Market Capitalization .......................................................................................................................................15
2.3.2 Efficiency ..........................................................................................................................................................16
2.3.3 Capital Expenditure ..........................................................................................................................................17
2.3.4 Turnover – I