Dream Security Co.,Ltd.

203650 KRX Technology Technology
KOSDAQ
₩2,620.00
+23.29%
Delayed · cached 15 min

Fair value analysis

203650
Dream Security Co.,Ltd.
Technology›Technology
₩2,620.00
Close used for this calculation
₩2,339.38Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
31/100
Profitability15/25
Returns6/25
Balance Sheet0/25
Efficiency10/25
Growth9/25
Weak
Quality radar
31Prof.15/25Ret.6/25Eff.10/25B.Sht0/25Growth9/25

Consensus fair value

₩2,339.38
Near FV
▼ -10.7% against the close used
Model range ₩298.01 – ₩5,530.88
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₩298.01Fair value₩2,339.38Bull₩5,530.88
FairClose
52-week traded range
52W low ₩1,422.0052W high ₩4,615.00

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

Valuation summary

Trading above the consensus fair value

Dream Security Co.,Ltd. closed at ₩2,620.00, 12.0% above the consensus fair value of ₩2,339.38 drawn from 9 valuation models.

Financial DNA score 31/100 — Weak. P/E of 30.1x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
₩1,726.86
-34.1%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
₩1,559.05
-40.5%
√(22.5 × EPS × BVPS)
EPS=87, BVPS=1241.71 · outside Graham range (P/E 30.1, P/B 2.1) — asset-light, treat as a rough floor
Graham Formula
₩5,530.88
+111.1%
EPS × (8.5 + 2g) × 4.4 ÷ FD_Rate
g=19.6%, FD=3.3%
P/E Fair Value
₩1,740.00
-33.6%
EPS × 20x (sector P/E)
EPS=87, Sector P/E=20x
Peter Lynch (PEG)
₩1,704.33
-34.9%
EPS × Growth% (PEG = 1 is fair)
EPS=87, g=19.6%
EV/EBITDA
₩3,592.06
+37.1%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=22.49B
Book Value (P/B)
₩298.01
-88.6%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=1241.71, ROE=7%, g=6%, r=10%
Reverse DCF
₩2,620.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 12.7% | Historical: 19.6%
Margin of Safety
₩1,979.40
-24.5%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=2639.2, 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.