DB HiTek Co Ltd (000990) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of DB HiTek Co Ltd stock KRW 110,601, price KRW 83,100, upside +33.1%, quality 69 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
60‑month range 28,142 KRW – 220,500 KRW · fair‑value band 67,627 KRW – 146,840 KRW · the 83,100 KRW price screens below the 110,601 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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DB HiTek Co.,Ltd. engages in semiconductor foundry business in South Korea.
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It provides semiconductors, such as power management ICs, contact image sensor, display driver ICs used in mobile phones, industrial, medical equipment, and automobile applications, as well as provides wafer fabrication facilities that produces a range of processing nodes.
The company's processing technologies include BCDMOS, analog CMOS, high voltage CMOS, mixed signal, CIS, flash, logic. It also operates in the United States, Taiwan, Japan, and China. The company was formerly known as Dongbu HiTek Co., Ltd. and changed its name to DB HiTek Co.,Ltd. in November 2017.
DB HiTek Co.,Ltd. was founded in 1997 and is based in Bucheon-si, South Korea. DB HiTek CO., LTD. operates as a subsidiary of DB Life Insurance Co., Ltd.
Stock analysis
DB HiTek Co Ltd (000990) currently trades at 83,100 KRW, while our model-based Fair Value estimate is 110,601 KRW, implying the stock looks roughly 25% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 128,316 KRW per share, and 13 of the 26 models we run sit above the 83,100 KRW price.
Bear case: the Asset-Based group reads lowest at 13,689 KRW, and 13 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 67,627 KRW (bear) to 146,840 KRW (bull), the price of 83,100 KRW sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 69/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
DB HiTek Co Ltd reported revenue of 1.4T KRW in FY2025 versus 1.2T KRW in FY2021, a compound +3.6%/yr. Reported net income was 256B KRW in FY2025, compounding −5.2%/yr from FY2021.
Key figures
Market cap 3.6T KRW (≈ $2.6B) Mid · P/E ratio 9.3 · P/S ratio 2.31 · EPS (TTM) 9,066 KRW · Dividend yield 1.0% · Net margin 22.5% · Return on equity 17.1% · Return on assets (EBIT) 18.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 72 out of 100 (low confidence).
What moves the price
The share trades about 62% below its 52-week high and 57% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at 33%, 000990 screens cheaper than that median.
Fair Value models
Bear67,627 KRWFair Value 110,601 KRWBull146,840 KRW
Price 83,100 KRW · Upside +33.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (7,058 KRW per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+23.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−5.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.3%
Start year 2020 (pandemic). Over 10 years: +7.7% a year
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.1%
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What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+11.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+10.7%
Dividend (yield on the price)1.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.10.7% vs 12.0%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.26% → 20%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+12.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +10.5% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Semiconductors · 370 stocks
Beats the industry median on 13/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score69 · Top 25%
Fair Value upside+33.1% · Top 25%
Profitability
Return on equity (12 months)17.1% · Above median
Return on assets8.6% · Top 25%
Net margin (12 months)22.5% · Top 25%
Operating margin (12 months)25.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)22.8% · Above median
Dividend yield (12 months)1.0% · Below median
Balance sheet
Debt / equity0.05× · Below median
Valuation Multiplesvs Semiconductors median · lower = cheaper
P/E (12 months)9.3× · Cheapest 25%
P/B1.66× · Cheapest 25%
P/S (12 months)2.31× · Cheaper than median
Price / free cash flow (fiscal year)17.5× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "DB HiTek Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/000990
Frequently asked questions
Is DB HiTek Co Ltd (000990) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 110,601 KRW versus a price of 83,100 KRW, about +33% upside (undervalued).
What is the fair value of 000990?
Our model-based fair value for DB HiTek Co Ltd is 110,601 KRW (as of Nov 3, 2026), built from audited fundamentals. The current price: 83,100 KRW.
What is the quality score of 000990?
DB HiTek Co Ltd has a Quality Score of 69/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for DB HiTek Co Ltd (000990)?
Our model-based price target is the fair value of 110,601 KRW (as of Nov 3, 2026) from 26 valuation models. Cautious scenario 67,627 KRW, optimistic scenario 146,840 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the DB HiTek Co Ltd stock forecast for 2026?
Our models put fair value at 110,601 KRW, about +33% upside versus a price of 83,100 KRW (undervalued). Cautious scenario 67,627 KRW, optimistic scenario 146,840 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of DB HiTek Co Ltd (000990)?
DB HiTek Co Ltd reported trailing-twelve-month revenue of about 1.5T KRW (latest available figure, as of Nov 3, 2026).
Does DB HiTek Co Ltd pay a dividend?
DB HiTek Co Ltd currently shows a dividend yield of 0.97% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of DB HiTek Co Ltd (000990) and when is the ex-dividend date?
DB HiTek Co Ltd pays a dividend of 810.00 KRW per share a year, a dividend yield of 1.0%. The last ex-dividend date was Mar 9, 2026. The payout ratio is 8.9% of earnings. Free cash flow covers the dividend 5.85 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into DB HiTek Co Ltd (000990)?
For today's price to be fair in a discounted-cash-flow model, DB HiTek Co Ltd would have to grow free cash flow by +12.8 % per year for five years (discount rate 12.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +8.3 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of 000990 use?
Our models discount DB HiTek Co Ltd at 12.6 %: a base by market capitalisation (mid), damped by beta 2.32, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For DB HiTek Co Ltd that is +12.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.6 %) and the same formula as our fair value.
How much growth has DB HiTek Co Ltd (000990) delivered so far?
Over the past 5 years revenue at DB HiTek Co Ltd grew +8.3 % a year. The price currently implies free-cash-flow growth of +12.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of DB HiTek Co Ltd (000990) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into DB HiTek Co Ltd (+12.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of DB HiTek Co Ltd (000990)?
The free-cash-flow yield on the price is 6.06 %: that much free cash flow DB HiTek Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (12.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of DB HiTek Co Ltd (000990)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For DB HiTek Co Ltd it is 110,601 KRW per share (as of Nov 3, 2026), against a price of 83,100 KRW. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is DB HiTek Co Ltd stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 000990 trades below its calculated fair value: price 83,100 KRW, fair value 110,601 KRW, a gap of about +33% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 000990?
No. The price is what the market pays today (83,100 KRW); the fair value is what the company's own numbers justify (110,601 KRW). For DB HiTek Co Ltd the two are 27,501 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is DB HiTek Co Ltd worth?
The market values DB HiTek Co Ltd at about 3.6T KRW (market capitalisation, as of Nov 3, 2026). Per share that is 83,100 KRW; our models calculate a fair value of 110,601 KRW per share.
What do the bullish and bearish scenarios say about 000990?
Our models span a range for DB HiTek Co Ltd: cautious scenario 67,627 KRW, base 110,601 KRW, optimistic 146,840 KRW per share (as of Nov 3, 2026, price 83,100 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 000990?
DB HiTek Co Ltd trades at a price-to-earnings ratio of 9.3 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 110,601 KRW is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 8.5. Other multiples: P/B 1.7, P/S 2.3, EV/EBITDA 6.8.
How solid is the balance sheet of DB HiTek Co Ltd (000990)?
Balance-sheet figures for DB HiTek Co Ltd (as of Nov 3, 2026): return on equity 17.1%, debt of 0.05 per unit of equity. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is 000990 from its 52-week high?
DB HiTek Co Ltd trades at 83,100 KRW, about 62% below its 52-week high of 220,500 KRW and 57% above the low of 52,919 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 110,601 KRW is for.
Which stocks are comparable to DB HiTek Co Ltd?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is DB HiTek Co Ltd stock attractive at the current price?
The data as of Nov 3, 2026: price 83,100 KRW, calculated fair value 110,601 KRW (+33%), Quality Score 69/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 000990 calculated?
We run DB HiTek Co Ltd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 110,601 KRW builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. DB HiTek Co Ltd currently trades 25% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of DB HiTek Co Ltd (000990)?
The closing price on Nov 6, 2026 was 83,100 KRW. Our model-based fair value is 110,601 KRW, about +33% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with DB HiTek Co Ltd right now?
Solid quality (69/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (67,627 KRW to 146,840 KRW) leaves room in how you read the outcome.
Key figures of DB HiTek Co Ltd
How large is the market capitalisation of DB HiTek Co Ltd (000990)?
The market capitalisation of DB HiTek Co Ltd is 3.6T KRW (≈ $2.6B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of DB HiTek Co Ltd (000990)?
The price-to-sales ratio of DB HiTek Co Ltd is 2.31 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of DB HiTek Co Ltd (000990)?
Earnings per share at DB HiTek Co Ltd are 9,066 KRW (price ÷ EPS = P/E 9.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of DB HiTek Co Ltd (000990)?
The dividend yield of DB HiTek Co Ltd is 1.0% (payout 8.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of DB HiTek Co Ltd (000990)?
The net margin of DB HiTek Co Ltd is 22.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of DB HiTek Co Ltd (000990)?
The return on equity (ROE) of DB HiTek Co Ltd is 17.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of DB HiTek Co Ltd (000990)?
On an EBIT basis the return on assets of DB HiTek Co Ltd is 18.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of DB HiTek Co Ltd (000990)?
The operating margin of DB HiTek Co Ltd is 25.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at DB HiTek Co Ltd (000990)?
Revenue at DB HiTek Co Ltd is growing +22.8% versus a year earlier (3y avg −5.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at DB HiTek Co Ltd (000990)?
Earnings per share at DB HiTek Co Ltd are growing +65.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does DB HiTek Co Ltd (000990) carry?
The net debt of DB HiTek Co Ltd is 32.8B KRW (fiscal year 2025, ≈ 0.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 3, 2026