Bluecom Co. Ltd (033560) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Bluecom Co. Ltd stock KRW 3,126, price KRW 5,300, that is 41.0% below the price, quality 54 out of 100. Rating: strongly overvalued. Calculated from audited financials with 13 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 9, 2026.
How to read this chart
60‑month range 2,760 KRW – 12,527 KRW · fair‑value band 2,147 KRW – 4,104 KRW · the 5,300 KRW price screens above the 3,126 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 9, 2026.
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Bluecom Co., Ltd. operates as a wireless technology company in South Korea and internationally. Its products include TWS, neck bank, Bluetooth module, Bluetooth stereo and mono, and gold GPS; and speaker, receiver, and micro speaker.
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The company was formerly known as Sambu Communics Co., Ltd and changed its name to Bluecom Co., Ltd. in December 2006. Bluecom Co., Ltd. was founded in 1990 and is headquartered in Incheon, South Korea.
Stock analysis
Bluecom Co. Ltd (033560) currently trades at 5,300 KRW, while our model-based Fair Value estimate is 3,126 KRW, 41% 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 23,549 KRW per share, and 6 of the 13 models we run sit above the 5,300 KRW price.
Bear case: the Multiples group reads lowest at 2,658 KRW, and 7 of the 13 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 2,147 KRW (bear) to 4,104 KRW (bull), the price of 5,300 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 54/100 (solid quality), in the Technology sector.
Mixed Growth: Spin-off in 2025: revenue and profit before it include the divested business. Growth is measured afresh from 2025.
Bluecom Co. Ltd reported revenue of 5.8B KRW in FY2025 versus 71.5B KRW in FY2021, a compound −46.6%/yr. Reported net income was 16.4B KRW in FY2025, compounding +299.1%/yr from FY2021.
Key figures
Market cap 84.7B KRW (≈ $62.6M) Micro · P/E ratio 13.1 · P/S ratio 12.1 · EPS (TTM) 416.13 KRW · Net margin 110% · Return on equity 3.6% · Return on assets (EBIT) −1.6% (5-year average) · Operating margin 8.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (low confidence).
What moves the price
The share trades about 12% below its 52-week high and 92% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −45% fair-value upside, at −41%, 033560 screens cheaper than that median.
Fair Value models
Bear2,147 KRWFair Value 3,126 KRWBull4,104 KRW
Price 5,300 KRW · Downside -41.0%
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 (356.84 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.55/100
Spin-off in 2025: revenue and profit before it include the divested business. Growth is measured afresh from 2025.
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.
−36.5%
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.
−8.5%
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.
−10.2%
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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.
≈ +81.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +81.4%
Dividend (yield on the price)0.0%
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.base effect: 81.4% / −1.9%
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.−8% → 25%
⚠ Revenue per share shrinking 22.6%/yr over ~7Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 52.2 per share, median 174 in 2016 to 2018). It measures the recovery from the trough, not lasting growth.
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.Communication Equipment · 303 stocks
Beats the industry median on 7/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score54 · Below median
Fair Value upside−41.0% · Below median
Profitability
Return on equity (12 months)3.6% · Below median
Return on assets8.2% · Top 25%
Net margin (12 months)110.2% · Top 25%
Operating margin (12 months)8.2% · Above median
Growth and dividend
Revenue growth (quarter YoY)49.3% · Top 25%
Balance sheet
Debt / equity0.01× · Below median
Valuation Multiplesvs Communication Equipment median · lower = cheaper
P/E (12 months)13.1× · Cheapest 25%
P/B0.50× · Cheapest 25%
P/S (12 months)12.10× · Priciest 25%
EV/EBITDA16.9× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 57
PAST (return on equity)14· sector 21
HEALTH (low debt)99· sector 98
DIVIDEND (yield)0· sector 24
VALUE 0: the price sits above our fair-value range.
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.
Is Bluecom Co. Ltd (033560) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 3,126 KRW versus a price of 5,300 KRW, about 41% lower (overvalued).
What is the fair value of 033560?
Our model-based fair value for Bluecom Co. Ltd is 3,126 KRW (as of Nov 9, 2026), built from audited fundamentals. The current price: 5,300 KRW.
What is the quality score of 033560?
Bluecom Co. Ltd has a Quality Score of 54/100. 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 Bluecom Co. Ltd (033560)?
Our model-based price target is the fair value of 3,126 KRW (as of Nov 9, 2026) from 13 valuation models. Cautious scenario 2,147 KRW, optimistic scenario 4,104 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Bluecom Co. Ltd stock forecast for 2026?
Our models put fair value at 3,126 KRW, about 41% lower versus a price of 5,300 KRW (overvalued). Cautious scenario 2,147 KRW, optimistic scenario 4,104 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Bluecom Co. Ltd (033560)?
Bluecom Co. Ltd reported trailing-twelve-month revenue of about 7.0B KRW (latest available figure, as of Nov 9, 2026).
What is the intrinsic value of Bluecom Co. Ltd (033560)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Bluecom Co. Ltd it is 3,126 KRW per share (as of Nov 9, 2026), against a price of 5,300 KRW. It is the blended result of 13 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Bluecom Co. Ltd stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 033560 trades above its calculated fair value: price 5,300 KRW, fair value 3,126 KRW, a gap of about −41% (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 033560?
No. The price is what the market pays today (5,300 KRW); the fair value is what the company's own numbers justify (3,126 KRW). For Bluecom Co. Ltd the two are 2,174 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Bluecom Co. Ltd worth?
The market values Bluecom Co. Ltd at about 84.7B KRW (market capitalisation, as of Nov 9, 2026). Per share that is 5,300 KRW; our models calculate a fair value of 3,126 KRW per share.
What do the bullish and bearish scenarios say about 033560?
Our models span a range for Bluecom Co. Ltd: cautious scenario 2,147 KRW, base 3,126 KRW, optimistic 4,104 KRW per share (as of Nov 9, 2026, price 5,300 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 033560?
Bluecom Co. Ltd trades at a price-to-earnings ratio of 13.1 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 3,126 KRW is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2016 to 2025), reported earnings: 33.8. Other multiples: P/B 0.5, P/S 12.1, EV/EBITDA 16.9.
How solid is the balance sheet of Bluecom Co. Ltd (033560)?
Balance-sheet figures for Bluecom Co. Ltd (as of Nov 9, 2026): return on equity 3.6%, debt of 0.01 per unit of equity. They feed the Quality Score of 54/100, which measures business quality independently of the share price.
How far is 033560 from its 52-week high?
Bluecom Co. Ltd trades at 5,300 KRW, about 12% below its 52-week high of 6,030 KRW and 92% above the low of 2,760 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 3,126 KRW is for.
Which stocks are comparable to Bluecom Co. Ltd?
From the same area (Technology) we also value Cisco Systems, Inc, Foxconn Industrial Internet Co, Zhongji Innolight Co, Motorola Solutions, 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 Bluecom Co. Ltd stock attractive at the current price?
The data as of Nov 9, 2026: price 5,300 KRW, calculated fair value 3,126 KRW (−41%), Quality Score 54/100, from 13 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 033560 calculated?
We run Bluecom Co. Ltd through 13 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 3,126 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. Bluecom 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 Bluecom Co. Ltd (033560)?
The closing price on Nov 6, 2026 was 5,300 KRW. Our model-based fair value is 3,126 KRW, about 41% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Bluecom Co. Ltd right now?
The price sits above even our optimistic bull case (4,104 KRW). The favourable scenario is already priced in. Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (2,147 KRW to 4,104 KRW) leaves room in how you read the outcome.
Key figures of Bluecom Co. Ltd
How large is the market capitalisation of Bluecom Co. Ltd (033560)?
The market capitalisation of Bluecom Co. Ltd is 84.7B KRW (≈ $62.6M). 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 Bluecom Co. Ltd (033560)?
The price-to-sales ratio of Bluecom Co. Ltd is 12.1 (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 Bluecom Co. Ltd (033560)?
Earnings per share at Bluecom Co. Ltd are 416.13 KRW (price ÷ EPS = P/E 13.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Bluecom Co. Ltd (033560)?
The net margin of Bluecom Co. Ltd is 110% (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 Bluecom Co. Ltd (033560)?
The return on equity (ROE) of Bluecom Co. Ltd is 3.6% (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 Bluecom Co. Ltd (033560)?
On an EBIT basis the return on assets of Bluecom Co. Ltd is −1.6% (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 Bluecom Co. Ltd (033560)?
The operating margin of Bluecom Co. Ltd is 8.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Bluecom Co. Ltd (033560)?
Revenue at Bluecom Co. Ltd is growing +49.3% versus a year earlier (3y avg −36.5%). 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 Bluecom Co. Ltd (033560)?
Earnings per share at Bluecom Co. Ltd are growing −86.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Bluecom Co. Ltd (033560) generate?
The free cash flow of Bluecom Co. Ltd is −5.5B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Bluecom Co. Ltd (033560) carry?
The net debt of Bluecom Co. Ltd is 11.5B KRW (fiscal year 2025). 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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Nov 9, 2026