[Click eStock] "RaonPeople, AI Machine Vision Solution Sales Surge"

[Asia Economy Reporter Hyungsoo Park] SK Securities forecasted on the 15th that Laon People’s artificial intelligence (AI) machine vision sales will rapidly increase.

Chungwoo Seo, a researcher at SK Securities, explained, "As the application areas of AI machine vision inspection expand, related performance will grow rapidly," adding, "In fact, the AI machine vision inspection solution lineup is being expanded."

He continued, "It has been growing at an average annual rate of 40% over the past four years," and "This year, based on the scalability of AI machine vision technology, the business area will expand, leading to a quantum jump in performance."

It is estimated to achieve sales of 41 billion KRW and an operating profit of 10.7 billion KRW this year, which are increases of 33.2% and 30.5%, respectively, compared to last year.

Researcher Seo analyzed, "Among companies engaged in the AI machine vision business, Cognex, the global No. 1 company in the United States, currently has a price-to-earnings ratio (PER) of 90 times," and "Laon People is currently trading at a PER level of 19 times."

He also emphasized, "Considering the valuation comparison with leading companies worldwide and Laon People’s performance growth trend as a company belonging to a promising future industry, it is trading at a discounted price."

This content was produced with the assistance of AI translation services.