South Korean Software Low Leverage High Rewards

HDC Labs

Market Cap: ₩199.4b

Engages in the design, manufacture, installation, and maintenance of systems for building control, industrial process control, and information processing in South Korea, Southeast Asia, and the Middle East.

WINS Technet

Market Cap: ₩125.8b

Provides information security solutions and services in South Korea.

TelcowareLtd

Market Cap: ₩92.1b

Operates in the application software development and supply industry in South Korea.

Osangjaiel

Market Cap: ₩60.9b

Primarily engages in the product life cycle management (PLM) and system integration business in South Korea.