KC Co. Ltd (029460) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of KC Co. Ltd stock KRW 40,637, price KRW 32,450, upside +25.2%, quality 58 out of 100. Rating: undervalued. Calculated from audited financials with 25 of our 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 6, 2026.
How to read this chart
60‑month range 13,247 KRW – 47,250 KRW · fair‑value band 27,121 KRW – 69,394 KRW · the 32,450 KRW price screens below the 40,637 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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KC Co., Ltd. manufactures and distributes semiconductor systems, display systems, and electronic materials in South Korea and internationally. The company offers semiconductor equipment, including chemical mechanical polishing equipment, and wet cleaning systems.
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It also offers display equipment, such as wet station systems, atmospheric pressure plasma cleaners, CO2 cleaners, and coater and track systems that are used in LCD, LTPS, OLED, and flexible display panels; and slurries and additives.
In addition, the company provides nano dispersion materials used in LCD and OLED films; and other solvent dispersion materials. KC Co., Ltd. was founded in 1987 and is headquartered in Anseong-si, South Korea.
Stock analysis
KC Co. Ltd (029460) currently trades at 32,450 KRW, while our model-based Fair Value estimate is 40,637 KRW, implying the stock looks roughly 20% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 73,466 KRW per share, and 15 of the 25 models we run sit above the 32,450 KRW price.
Bear case: the Growth DCF group reads lowest at 5,653 KRW, and 10 of the 25 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 27,121 KRW (bear) to 69,394 KRW (bull), the price of 32,450 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 58/100 (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.
KC Co. Ltd reported revenue of 797B KRW in FY2025 versus 554B KRW in FY2021, a compound +9.5%/yr. Reported net income was 43.9B KRW in FY2025, compounding −4.3%/yr from FY2021.
Key figures
Market cap 349B KRW (≈ $258M) Micro · P/E ratio 6.6 · P/S ratio 0.43 · EPS (TTM) 5,056 KRW · Dividend yield 1.3% · Net margin 6.7% · Return on equity 6.1% · Return on assets (EBIT) 6.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 40 out of 100 (low confidence).
What moves the price
The share trades about 31% below its 52-week high and 38% 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 25%, 029460 screens cheaper than that median.
Fair Value models
Bear27,121 KRWFair Value 40,637 KRWBull69,394 KRW
Price 32,450 KRW · Upside +25.2%
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 (3,967 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
+8.0%
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.
−2.4%
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.
+6.7%
Start year 2020 (pandemic). Over 10 years: +6.2% a year
Revenue growth 22 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.
+10.7%
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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.
+0.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−0.5%
Dividend (yield on the price)1.3%
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.−0.5% vs 0.6%, 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.13% → 6%
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.Semiconductor Equipment & Materials · 235 stocks
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.
As of Nov 6, 2026, our model estimates a fair value of 40,637 KRW versus a price of 32,450 KRW, about +25% upside (undervalued).
What is the fair value of 029460?
Our model-based fair value for KC Co. Ltd is 40,637 KRW (as of Nov 6, 2026), built from audited fundamentals. The current price: 32,450 KRW.
What is the quality score of 029460?
KC Co. Ltd has a Quality Score of 58/100. 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 KC Co. Ltd (029460)?
Our model-based price target is the fair value of 40,637 KRW (as of Nov 6, 2026) from 25 valuation models. Cautious scenario 27,121 KRW, optimistic scenario 69,394 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the KC Co. Ltd stock forecast for 2026?
Our models put fair value at 40,637 KRW, about +25% upside versus a price of 32,450 KRW (undervalued). Cautious scenario 27,121 KRW, optimistic scenario 69,394 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of KC Co. Ltd (029460)?
KC Co. Ltd reported trailing-twelve-month revenue of about 814B KRW (latest available figure, as of Nov 6, 2026).
Does KC Co. Ltd pay a dividend?
KC Co. Ltd currently shows a dividend yield of 1.33% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of KC Co. Ltd (029460) and when is the ex-dividend date?
KC Co. Ltd pays a dividend of 430.00 KRW per share a year, a dividend yield of 1.3%. The last ex-dividend date was Feb 26, 2026. The payout ratio is 8.5% of earnings. Free cash flow covers the dividend 0.08 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of KC Co. Ltd (029460)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For KC Co. Ltd it is 40,637 KRW per share (as of Nov 6, 2026), against a price of 32,450 KRW. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is KC Co. Ltd stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 029460 trades below its calculated fair value: price 32,450 KRW, fair value 40,637 KRW, a gap of about +25% (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 029460?
No. The price is what the market pays today (32,450 KRW); the fair value is what the company's own numbers justify (40,637 KRW). For KC Co. Ltd the two are 8,187 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is KC Co. Ltd worth?
The market values KC Co. Ltd at about 349B KRW (market capitalisation, as of Nov 6, 2026). Per share that is 32,450 KRW; our models calculate a fair value of 40,637 KRW per share.
What do the bullish and bearish scenarios say about 029460?
Our models span a range for KC Co. Ltd: cautious scenario 27,121 KRW, base 40,637 KRW, optimistic 69,394 KRW per share (as of Nov 6, 2026, price 32,450 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 029460?
KC Co. Ltd trades at a price-to-earnings ratio of 6.6 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 40,637 KRW is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings: 4.6. Other multiples: P/B 0.4, P/S 0.4, EV/EBITDA 4.4.
How solid is the balance sheet of KC Co. Ltd (029460)?
Balance-sheet figures for KC Co. Ltd (as of Nov 6, 2026): return on equity 6.1%, debt of 0.02 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is 029460 from its 52-week high?
KC Co. Ltd trades at 32,450 KRW, about 31% below its 52-week high of 47,250 KRW and 38% above the low of 23,537 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 40,637 KRW is for.
Which stocks are comparable to KC Co. Ltd?
From the same area (Technology) we also value ASML Holding, Applied Materials, Inc, Lam Research Corporation, KLA Corporation, 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 KC Co. Ltd stock attractive at the current price?
The data as of Nov 6, 2026: price 32,450 KRW, calculated fair value 40,637 KRW (+25%), Quality Score 58/100, from 25 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 029460 calculated?
We run KC Co. Ltd through 25 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 40,637 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 13.3% above its aggregate fair value. KC Co. Ltd currently trades 20% 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 KC Co. Ltd (029460)?
The closing price on Nov 6, 2026 was 32,450 KRW. Our model-based fair value is 40,637 KRW, about +25% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with KC Co. Ltd right now?
Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (27,121 KRW to 69,394 KRW) leaves room in how you read the outcome.
Key figures of KC Co. Ltd
How large is the market capitalisation of KC Co. Ltd (029460)?
The market capitalisation of KC Co. Ltd is 349B KRW (≈ $258M). 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 KC Co. Ltd (029460)?
The price-to-sales ratio of KC Co. Ltd is 0.43 (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 KC Co. Ltd (029460)?
Earnings per share at KC Co. Ltd are 5,056 KRW (price ÷ EPS = P/E 6.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of KC Co. Ltd (029460)?
The dividend yield of KC Co. Ltd is 1.3% (payout 8.5%). 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 KC Co. Ltd (029460)?
The net margin of KC Co. Ltd is 6.7% (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 KC Co. Ltd (029460)?
The return on equity (ROE) of KC Co. Ltd is 6.1% (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 KC Co. Ltd (029460)?
On an EBIT basis the return on assets of KC Co. Ltd is 6.0% (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 KC Co. Ltd (029460)?
The operating margin of KC Co. Ltd is 8.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at KC Co. Ltd (029460)?
Revenue at KC Co. Ltd is growing +19.5% versus a year earlier (3y avg −2.4%). 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 KC Co. Ltd (029460)?
Earnings per share at KC Co. Ltd are growing +98.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does KC Co. Ltd (029460) generate?
The free cash flow of KC Co. Ltd is 358M KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
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Nov 6, 2026