Dawn of a New Cold War: K-Defense, Land of Opportunity
The call from the US and NATO for increased defense spending signifies a structural shift in the global security landscape, presenting unprecedented opportunities for South Korea's defense industry. This dashboard provides an in-depth analysis of the intrinsic value and growth potential of 12 key companies, supporting data-driven investment decisions.
Market Outlook: Why K-Defense Now?
NATO Defense Budget Increase
The target shift from 2% to 5% of GDP implies the creation of a new market worth approximately 3,000 trillion KRW, explosively increasing demand for replacing aging weapons and introducing advanced systems.
K-Defense's Competitiveness
Beyond 'cost-effectiveness,' it has proven new strengths in 'prompt delivery' and 'stable supply chains'—powerful differentiators that Western competitors find hard to replicate.
Sustainable Growth
Evolving beyond a short-term theme into a structural growth sector for the next decade, backed by a massive order backlog. Profit growth is expected to outpace stock price increases.
Projected Combined Order Backlog for Top 5 Companies (Unit: Trillion KRW)
Source: Based on Mirae Asset Securities report
In-depth Company Analysis
Click on a company name below to view detailed information.
Valuation Summary
Key Financial Trends (Unit: 100M KRW)
Comprehensive Capability Analysis (2024 est.)
Diverse Investment Perspectives
Lessons from the Past
2H 2025 Scenario Outlook
Optimistic: Super Cycle (+30% ~ +50%)
Successful follow-up orders and sustained geopolitical tensions. Valuation gap narrows rapidly.
Neutral: Catching a Breath (+10% ~ +20%)
Gradual orders and proven earnings growth. Expecting a step-by-step stock price increase.
Pessimistic: Risk Mitigation (-20% ~ -30%)
Unexpected peace and economic recession. Short-term correction is possible.
Perspectives of the Masters
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