Spigen Korea Co., Ltd

192440 KRX Industrials Industrials
KOSDAQ
₩29,500.00
-1.34%
Delayed · cached 15 min

Fair value analysis

192440
Spigen Korea Co., Ltd
IndustrialsIndustrials
₩29,500.00
Close used for this calculation
₩80,001.80Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
73/100
Profitability10/25
Returns15/25
Balance Sheet25/25
Efficiency23/25
Growth14/25
Strong
Quality radar
73Prof.10/25Ret.15/25Eff.23/25B.Sht25/25Growth14/25

Consensus fair value

₩80,001.80
Below FV
▲ +171.2% against the close used
Model range ₩8,237.14 – ₩110,598.04
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear₩8,237.14Fair value₩80,001.80Bull₩110,598.04
FairClose
52-week traded range
52W low ₩21,500.0052W high ₩34,150.00

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading below the consensus fair value

Spigen Korea Co., Ltd closed at ₩29,500.00, 63.1% below the consensus fair value of ₩80,001.80 drawn from 10 valuation models.

Financial DNA score 73/100 — Strong. P/E of 5.9x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
₩110,598.04
+274.9%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8%, r=10%, tg=3%, n=10yr
Graham Number
₩101,501.94
+244.1%
√(22.5 × EPS × BVPS)
EPS=4967, BVPS=92187.5
Graham Formula
₩56,292.67
+90.8%
EPS × (8.5 + 2g) × 4.4 ÷ FD_Rate
g=0%, FD=3.3%
P/E Fair Value
₩99,340.00
+236.7%
EPS × 20x (sector P/E)
EPS=4967, Sector P/E=20x
Peter Lynch (PEG)
₩26,424.44
-10.4%
EPS × Growth% (PEG = 1 is fair)
EPS=4967, g=5.3%
EV/EBITDA
₩56,868.30
+92.8%
(EBITDA × 10x − Net Debt) ÷ Shares
EBITDA=33.21B
Dividend Discount (DDM)
₩8,237.14
-72.1%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=646.05, r=10%, g=2%
Book Value (P/B)
₩32,792.41
+11.2%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=92187.5, ROE=5.5%, g=3%, r=10%
Reverse DCF
₩29,500.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: -9.8% | Historical: -5.3%
Margin of Safety
₩68,949.87
+133.7%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=91933.16, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.