[Featured Stock] Raon People Undervalued Compared to Global Technology... Cognex Traded at 90x PER

[Asia Economy Reporter Hyungsoo Park] Raon People is showing strong performance. It appears that the analysis of the company as a notable player in the rapidly growing global artificial intelligence (AI) machine vision sector has influenced its stock price.

As of 9:40 AM on the 15th, Raon People is trading at 20,450 KRW, up 4.07% from the previous day.

On this day, SK Securities forecasted that Raon People's AI machine vision sales will increase rapidly.

Raon People is a technology-specialized company focused on research and development (R&D) leading AI machine vision technology based on AI-deep learning algorithm technology. Machine vision refers to a system where cameras and image recognition algorithms replace what humans see with their eyes and judge with their brains. AI machine vision is an enhanced system by integrating AI into the machine vision system.

Chungwoo Seo, a researcher at SK Securities, explained, "Domestically, it is the only company that can provide an integrated AI machine vision solution combining hardware and software," adding, "As the application areas of AI machine vision inspection expand, related performance is expected to grow rapidly."

He continued, "In fact, the lineup of AI machine vision inspection solutions is expanding," and added, "It has been growing at an average annual rate of 40% over the past four years."

Furthermore, he expressed expectations that "This year, based on the scalability of AI machine vision technology, the business area will expand, leading to a quantum leap in performance."

It is estimated that this year’s sales will reach 41 billion KRW, and operating profit will be 10.7 billion KRW, representing 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 number one company based in the United States, currently has a price-to-earnings ratio (PER) of 90 times," and "Raon People is currently trading at a PER level of 19 times."

He also emphasized, "Considering the valuation comparison with leading global companies and Raon People’s performance growth trend as part of a promising future industry, it is trading at a discounted price."

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