TJ media Co. Ltd (032540) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of TJ media Co. Ltd stock KRW 2,248, price KRW 3,690, that is 39.1% below the price, quality 43 out of 100. Rating: strongly overvalued. 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 9, 2026.
How to read this chart
60‑month range 2,255 KRW – 5,234 KRW · fair‑value band 1,608 KRW – 3,074 KRW · the 3,690 KRW price screens above the 2,248 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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TJ media Co., Ltd. engages in the manufacture and sale of karaoke systems in South Korea. The company offers commercial and home karaoke machines, microphone karaoke machines, music contents, batteries, chargers, and other peripherals and karaoke-related products.
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It also provides TV karaoke solutions, including IPTV and smartphone applications. The company was founded in 1981 and is headquartered in Seoul, South Korea.
Stock analysis
TJ media Co. Ltd (032540) currently trades at 3,690 KRW, while our model-based Fair Value estimate is 2,248 KRW, 39% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 3,538 KRW per share, and 3 of the 26 models we run sit above the 3,690 KRW price.
Bear case: the Asset-Based group reads lowest at 419.88 KRW, and 23 of the 26 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 1,608 KRW (bear) to 3,074 KRW (bull), the price of 3,690 KRW sits above 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 43/100 (below-average quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
TJ media Co. Ltd reported revenue of 94.4B KRW in FY2025 versus 61.9B KRW in FY2021, a compound +11.2%/yr. Reported net income was 4.0B KRW in FY2025, compounding +5.6%/yr from FY2021.
Key figures
Market cap 77.1B KRW (≈ $57.0M) Micro · P/S ratio 1.01 · Dividend yield 5.6% · Net margin 5.2% · Return on equity 536% · Return on assets (EBIT) 3.4% (5-year average) · Operating margin 5.0% · Revenue (TTM) 78.3B KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (low confidence).
What moves the price
The share trades about 15% below its 52-week high and 21% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at 66% fair-value upside, at −39%, 032540 screens richer than that median.
Fair Value models
Bear1,608 KRWFair Value 2,248 KRWBull3,074 KRW
Price 3,690 KRW · Downside -39.1%
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.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.
Best data coverage
FCF DCF1,455 KRW1,741 KRW2,084 KRW81
Growth DCF1,460 KRW1,713 KRW1,999 KRW79
Owner Earnings1,326 KRW1,569 KRW1,859 KRW77
All 26 models by family
DCF Models
FCF DCF1,455 KRW1,741 KRW2,084 KRW81
Owner Earnings1,326 KRW1,569 KRW1,859 KRW77
5Y Revenue Exit1,727 KRW2,371 KRW3,178 KRW72
5Y EBITDA Exit2,287 KRW3,389 KRW4,650 KRW74
5Y P/E Exit2,506 KRW3,788 KRW5,101 KRW70
10Y Revenue Exit1,560 KRW2,054 KRW2,687 KRW67
10Y EBITDA Exit1,891 KRW2,645 KRW3,616 KRW68
10Y P/E Exit2,009 KRW2,877 KRW3,901 KRW63
Earnings-Based
Graham-Dodd1,297 KRW3,517 KRW4,609 KRW62
Lynch FV691.54 KRW987.91 KRW1,284 KRW58
PEG = 1.0691.54 KRW987.91 KRW1,284 KRW55
EPV1,607 KRW1,726 KRW1,822 KRW72
Dividend Discount
Gordon GGM1,472 KRW2,451 KRW3,167 KRW66
DDM Multi-Stage1,472 KRW2,089 KRW2,610 KRW65
Multiples
P/E Multiple3,147 KRW4,196 KRW5,245 KRW61
P/S Multiple2,432 KRW3,242 KRW4,053 KRW56
P/B Multiple11,367 KRW15,156 KRW18,945 KRW53
EV/EBIT1,718 KRW2,426 KRW3,134 KRW64
EV/EBITDA2,286 KRW3,184 KRW4,081 KRW66
EV/Revenue1,025 KRW1,639 KRW2,253 KRW52
Asset-Based
NCAV (Graham)277.12 KRW419.88 KRW524.85 KRW53
Growth DCF
Growth DCF1,460 KRW1,713 KRW1,999 KRW79
Rev-Margin DCF1,727 KRW2,375 KRW3,090 KRW73
Economic Profit
Residual Income2,774 KRW2,744 KRW2,805 KRW75
ROIC Compounder1,607 KRW1,726 KRW1,822 KRW71
Growth Earnings
Growth-Adj P/E2,476 KRW3,538 KRW4,599 KRW66
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.75/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+2.8%
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.
+3.2%
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.
+11.2%
Start year 2020 (pandemic). Over 10 years: +2.8% a year
Revenue growth 14 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.
+2.7%
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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.
+10.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+5.3%
Dividend (yield on the price)5.6%
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.5.3% vs 11.9%, slowing
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.−5% → 4%
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).
+35.8%
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 +33.0% 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 sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Computers, Phones & Household Electronics” was too small, so the broader sector is used.)Consumer Discretionary · 3518 stocks
Beats the sector median on 6/12 measures
A mixed picture versus its sector peers.
Valuation
Quality Score43 · Bottom 25%
Fair Value upside−39.1% · Below median
Profitability
Return on assets3.1% · Above median
Net margin (12 months)5.2% · Above median
Operating margin (12 months)5.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)48.9% · Top 25%
Dividend yield (12 months)5.6% · Top 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Consumer Discretionary median · lower = cheaper
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). "TJ media Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/032540
Frequently asked questions
Is TJ media Co. Ltd (032540) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 2,248 KRW versus a price of 3,690 KRW, about 39% lower (overvalued).
What is the fair value of 032540?
Our model-based fair value for TJ media Co. Ltd is 2,248 KRW (as of Nov 9, 2026), built from audited fundamentals. The current price: 3,690 KRW.
What is the quality score of 032540?
TJ media Co. Ltd has a Quality Score of 43/100. 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 TJ media Co. Ltd (032540)?
Our model-based price target is the fair value of 2,248 KRW (as of Nov 9, 2026) from 26 valuation models. Cautious scenario 1,608 KRW, optimistic scenario 3,074 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the TJ media Co. Ltd stock forecast for 2026?
Our models put fair value at 2,248 KRW, about 39% lower versus a price of 3,690 KRW (overvalued). Cautious scenario 1,608 KRW, optimistic scenario 3,074 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of TJ media Co. Ltd (032540)?
TJ media Co. Ltd reported trailing-twelve-month revenue of about 78.3B KRW (latest available figure, as of Nov 9, 2026).
Does TJ media Co. Ltd pay a dividend?
TJ media Co. Ltd currently shows a dividend yield of 5.62% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of TJ media Co. Ltd (032540)?
TJ media Co. Ltd has a dividend yield of 5.6%. A dividend has been paid every year since 2019. Our assessment: Safety not assessed. Payout ratio and cash coverage are not available, so we do not judge how safe this dividend is.
What growth is priced into TJ media Co. Ltd (032540)?
For today's price to be fair in a discounted-cash-flow model, TJ media Co. Ltd would have to grow free cash flow by +35.8 % 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 +11.2 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of 032540 use?
Our models discount TJ media Co. Ltd at 12.6 %: a base by market capitalisation (micro), damped by beta 0.85, 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 TJ media Co. Ltd that is +35.8 % 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 TJ media Co. Ltd (032540) delivered so far?
Over the past 5 years revenue at TJ media Co. Ltd grew +11.2 % a year. The price currently implies free-cash-flow growth of +35.8 % 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 TJ media Co. Ltd (032540) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into TJ media Co. Ltd (+35.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of TJ media Co. Ltd (032540)?
The free-cash-flow yield on the price is 1.95 %: that much free cash flow TJ media 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 TJ media Co. Ltd (032540)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For TJ media Co. Ltd it is 2,248 KRW per share (as of Nov 9, 2026), against a price of 3,690 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 TJ media Co. Ltd stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 032540 trades above its calculated fair value: price 3,690 KRW, fair value 2,248 KRW, a gap of about −39% (overvalued). 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 032540?
No. The price is what the market pays today (3,690 KRW); the fair value is what the company's own numbers justify (2,248 KRW). For TJ media Co. Ltd the two are 1,442 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is TJ media Co. Ltd worth?
The market values TJ media Co. Ltd at about 77.1B KRW (market capitalisation, as of Nov 9, 2026). Per share that is 3,690 KRW; our models calculate a fair value of 2,248 KRW per share.
What do the bullish and bearish scenarios say about 032540?
Our models span a range for TJ media Co. Ltd: cautious scenario 1,608 KRW, base 2,248 KRW, optimistic 3,074 KRW per share (as of Nov 9, 2026, price 3,690 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of TJ media Co. Ltd (032540)?
Balance-sheet figures for TJ media Co. Ltd (as of Nov 9, 2026): debt of 0.00 per unit of equity. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is 032540 from its 52-week high?
TJ media Co. Ltd trades at 3,690 KRW, about 15% below its 52-week high of 4,353 KRW and 21% above the low of 3,055 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 2,248 KRW is for.
Which stocks are comparable to TJ media Co. Ltd?
From the same area (Technology) we also value UIL Co, SEOWONINTECH.Co.,Ltd, Yulho Co, Atec Co, 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 TJ media Co. Ltd stock attractive at the current price?
The data as of Nov 9, 2026: price 3,690 KRW, calculated fair value 2,248 KRW (−39%), Quality Score 43/100, 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 032540 calculated?
We run TJ media 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 2,248 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. TJ media Co. Ltd itself currently trades above fair value. 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 TJ media Co. Ltd (032540)?
The closing price on Nov 6, 2026 was 3,690 KRW. Our model-based fair value is 2,248 KRW, about 39% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with TJ media Co. Ltd right now?
The price sits above even our optimistic bull case (3,074 KRW). The favourable scenario is already priced in. Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (1,608 KRW to 3,074 KRW) leaves room in how you read the outcome.
Key figures of TJ media Co. Ltd
How large is the market capitalisation of TJ media Co. Ltd (032540)?
The market capitalisation of TJ media Co. Ltd is 77.1B KRW (≈ $57.0M). 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 TJ media Co. Ltd (032540)?
The price-to-sales ratio of TJ media Co. Ltd is 1.01 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of TJ media Co. Ltd (032540)?
The dividend yield of TJ media Co. Ltd is 5.6%. 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 TJ media Co. Ltd (032540)?
The net margin of TJ media Co. Ltd is 5.2% (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 TJ media Co. Ltd (032540)?
The return on equity (ROE) of TJ media Co. Ltd is 536% (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 TJ media Co. Ltd (032540)?
On an EBIT basis the return on assets of TJ media Co. Ltd is 3.4% (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 TJ media Co. Ltd (032540)?
The operating margin of TJ media Co. Ltd is 5.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at TJ media Co. Ltd (032540)?
Revenue at TJ media Co. Ltd is growing +48.9% versus a year earlier (3y avg +3.2%). 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 TJ media Co. Ltd (032540)?
Earnings per share at TJ media Co. Ltd are growing +594% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does TJ media Co. Ltd (032540) carry?
The net debt of TJ media Co. Ltd is 8.5B KRW (fiscal year 2025, ≈ 5.6 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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Some data
Nov 9, 2026