Over the past 15 years, the KOSPI has nearly quadrupled, yet S-1’s share price has gone nowhere.
The chart below compares S-1’s valuation with those of SK Shieldus, Korea’s No. 2 security company, and Verisure, Europe’s market leader.
Note: EV/EBITDA, Verisure and S-1 performance as of FY2025, share prices as of June 19, 2026. SK Shieldus source: https://www.itbiznews.com/news/articleView.html?idxno=105776, EBITDA = Operating Income (EBIT) + Depreciation + Amortization