REFINE Co., Ltd.
KOSDAQ
₩16,950.00
+0.12%
Delayed · cached 15 min
Fair value analysis
377450
REFINE Co., Ltd.
₩16,950.00
Close used for this calculation
₩16,248.46Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
52/100
Quality radar
Consensus fair value
₩16,248.46
Near FV▼ -4.1% against the close used
Model range ₩10,822.54 – ₩19,936.40
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₩10,822.54Fair value₩16,248.46Bull₩19,936.40
FairClose
52-week traded range
52W low ₩8,610.0052W high ₩17,700.00
The 52-week range is measured from the stored price history, not estimated.
Valuation summary
Trading close to the consensus fair value
REFINE Co., Ltd. closed at ₩16,950.00, 4.3% above the consensus fair value of ₩16,248.46 drawn from 7 valuation models.
Financial DNA score 52/100 — Good. P/E of 17.0x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
All valuation models
DCF Valuation
₩18,338.22
+8.2%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=8%, r=10%, tg=3%, n=10yr
Graham Number
₩13,359.64
-21.2%
√(22.5 × EPS × BVPS)
EPS=996.82, BVPS=7957.75 · outside Graham range (P/E 17, P/B 2.1) — asset-light, treat as a rough floor
P/E Fair Value
₩19,936.40
+17.6%
EPS × 20x (sector P/E)
EPS=996.82, Sector P/E=20x
EV/EBITDA
₩12,403.60
-26.8%
(EBITDA × 10x − Net Debt) ÷ Shares
EBITDA=21.01B
Book Value (P/B)
₩10,822.54
-36.2%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=7957.75, ROE=12.5%, g=3%, r=10%
Reverse DCF
₩16,950.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 5% | Historical: 0%
Margin of Safety
₩12,908.57
-23.8%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=17211.42, 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.