KL-Net Corp (039420) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of KL-Net Corp stock KRW 7,125, price KRW 2,375, upside +200.0%, quality 74 out of 100. Rating: strongly undervalued. Calculated from audited financials with 24 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 3, 2026.
How to read this chart
60‑month range 2,049 KRW – 4,778 KRW · fair‑value band 4,978 KRW – 9,610 KRW · the 2,375 KRW price screens below the 7,125 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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KL-Net Corp. provides logistics electronic data interchange, system integration, IT consulting, and logistics solutions for the maritime industry in South Korea.
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The company offers B2G electronic civil service single window service to handle all import/export related licensing tasks with just one report; and B2B shipping port integrated information service for exchange/utilization of bookings, waybills, transportation results, shipping documents, and inspection tasks between export and import logistics suppliers and consumers.
It also provides consulting services comprise business process redesign, information strategy process, information-oriented level diagnoses; and system integration services, including systems analysis, design, and development.
In addition, the company offers IT outsourcing services consisting of network, application, integrated operation management, and help desk services; and e-Truck Bank service that supports real-time matching online between transport user's freight and transport.
Further, it collects, stores, and analyzes corporate data to provide data analysis and visualization services to assist in decision making. The company was founded in 1994 and is headquartered in Seoul, South Korea.
Stock analysis
KL-Net Corp (039420) currently trades at 2,375 KRW, while our model-based Fair Value estimate is 7,125 KRW, implying the stock looks roughly 67% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 9,845 KRW per share, and 21 of the 24 models we run sit above the 2,375 KRW price.
Bear case: the Dividend Discount group reads lowest at 1,622 KRW, and 3 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: 4,978 KRW (bear) to 9,610 KRW (bull), the price of 2,375 KRW sits below 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 74/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
KL-Net Corp reported revenue of 47.6B KRW in FY2025 versus 49.6B KRW in FY2021, a compound −1.1%/yr. Reported net income was 9.3B KRW in FY2025, compounding +11.8%/yr from FY2021.
Key figures
Market cap 48.5B KRW (≈ $35.8M) Micro · P/E ratio 5.6 · P/S ratio 1.07 · EPS (TTM) 426.33 KRW · Dividend yield 4.2% · Net margin 18.7% · Return on equity 14.4% · Return on assets (EBIT) 13.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 69 out of 100 (low confidence).
What moves the price
The share trades about 25% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 21% fair-value upside, at 200%, 039420 screens cheaper than that median.
Fair Value models
Bear4,978 KRWFair Value 7,125 KRWBull9,610 KRW
Price 2,375 KRW · Upside +200.0%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
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 (279.84 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.67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−5.2%
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.
−1.8%
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.
+2.5%
Start year 2020 (pandemic). Over 10 years: +3.4% a year
Revenue growth 12 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.
+2.6%
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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.
+22.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+17.9%
Dividend (yield on the price)4.2%
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.17.9% vs 20.6%, 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.11% → 22%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
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).
less than -40 %
The company could shrink this much every year for the next five years and today's price would still be justified.
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.Information Technology Services · 479 stocks
Beats the industry median on 12/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score74 · Top 25%
Fair Value upside+200.0% · Top 25%
Profitability
Return on equity (12 months)14.4% · Above median
Return on assets12.2% · Top 25%
Net margin (12 months)18.7% · Top 25%
Operating margin (12 months)23.9% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−16.4% · Bottom 25%
Dividend yield (12 months)4.2% · Top 25%
Valuation Multiplesvs Information Technology Services 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). "KL-Net Corp Fair Value". https://www.fairvalue-calculator.com/stock/039420
Frequently asked questions
Is KL-Net Corp (039420) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 7,125 KRW versus a price of 2,375 KRW, about +200% upside (undervalued).
What is the fair value of 039420?
Our model-based fair value for KL-Net Corp is 7,125 KRW (as of Nov 3, 2026), built from audited fundamentals. The current price: 2,375 KRW.
What is the quality score of 039420?
KL-Net Corp has a Quality Score of 74/100. 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 KL-Net Corp (039420)?
Our model-based price target is the fair value of 7,125 KRW (as of Nov 3, 2026) from 24 valuation models. Cautious scenario 4,978 KRW, optimistic scenario 9,610 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the KL-Net Corp stock forecast for 2026?
Our models put fair value at 7,125 KRW, about +200% upside versus a price of 2,375 KRW (undervalued). Cautious scenario 4,978 KRW, optimistic scenario 9,610 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of KL-Net Corp (039420)?
KL-Net Corp reported trailing-twelve-month revenue of about 45.5B KRW (latest available figure, as of Nov 3, 2026).
Does KL-Net Corp pay a dividend?
KL-Net Corp currently shows a dividend yield of 4.21% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of KL-Net Corp (039420) and when is the ex-dividend date?
KL-Net Corp pays a dividend of 100.00 KRW per share a year, a dividend yield of 4.2%. The last ex-dividend date was Dec 29, 2025. A dividend has been paid every year since 2015. The payout ratio is 23.5% of earnings. Free cash flow covers the dividend 5.31 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 KL-Net Corp (039420)?
For today's price to be fair in a discounted-cash-flow model, KL-Net Corp would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 8.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.5 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of 039420 use?
Our models discount KL-Net Corp at 8.9 %: a base by market capitalisation (nano), damped by beta 0.49, 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 KL-Net Corp that is less than minus 40 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (8.9 %) and the same formula as our fair value.
How much growth has KL-Net Corp (039420) delivered so far?
Over the past 5 years revenue at KL-Net Corp grew +2.5 % a year. The price currently implies free-cash-flow growth of less than minus 40 % 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 KL-Net Corp (039420) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into KL-Net Corp (less than minus 40 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of KL-Net Corp (039420)?
The free-cash-flow yield on the price is 21.83 %: that much free cash flow KL-Net Corp produces per unit of market value. When it exceeds the discount rate of our models (8.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of KL-Net Corp (039420)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For KL-Net Corp it is 7,125 KRW per share (as of Nov 3, 2026), against a price of 2,375 KRW. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is KL-Net Corp stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 039420 trades below its calculated fair value: price 2,375 KRW, fair value 7,125 KRW, a gap of about +200% (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 039420?
No. The price is what the market pays today (2,375 KRW); the fair value is what the company's own numbers justify (7,125 KRW). For KL-Net Corp the two are 4,750 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is KL-Net Corp worth?
The market values KL-Net Corp at about 48.5B KRW (market capitalisation, as of Nov 3, 2026). Per share that is 2,375 KRW; our models calculate a fair value of 7,125 KRW per share.
What do the bullish and bearish scenarios say about 039420?
Our models span a range for KL-Net Corp: cautious scenario 4,978 KRW, base 7,125 KRW, optimistic 9,610 KRW per share (as of Nov 3, 2026, price 2,375 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 039420?
KL-Net Corp trades at a price-to-earnings ratio of 5.6 (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 7,125 KRW is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 13.6. Other multiples: P/B 0.7, P/S 1.1, EV/EBITDA 3.7.
How solid is the balance sheet of KL-Net Corp (039420)?
Balance-sheet figures for KL-Net Corp (as of Nov 3, 2026): return on equity 14.4%. They feed the Quality Score of 74/100, which measures business quality independently of the share price.
How far is 039420 from its 52-week high?
KL-Net Corp trades at 2,375 KRW, about 25% below its 52-week high of 3,165 KRW and at the low of 2,370 KRW (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 7,125 KRW is for.
Which stocks are comparable to KL-Net Corp?
From the same area (Technology) we also value International Business Machines Corporation, Accenture plc, Tata Consultancy Services Limited, Infosys Limited, 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 KL-Net Corp stock attractive at the current price?
The data as of Nov 3, 2026: price 2,375 KRW, calculated fair value 7,125 KRW (+200%), Quality Score 74/100, from 24 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 039420 calculated?
We run KL-Net Corp through 24 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 7,125 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. KL-Net Corp currently trades 67% 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 KL-Net Corp (039420)?
The closing price on Nov 9, 2026 was 2,375 KRW. Our model-based fair value is 7,125 KRW, about +200% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with KL-Net Corp right now?
The price is below even our cautious bear case (4,978 KRW). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (74/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (4,978 KRW to 9,610 KRW) leaves room in how you read the outcome.
Key figures of KL-Net Corp
How large is the market capitalisation of KL-Net Corp (039420)?
The market capitalisation of KL-Net Corp is 48.5B KRW (≈ $35.8M). 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 KL-Net Corp (039420)?
The price-to-sales ratio of KL-Net Corp is 1.07 (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 KL-Net Corp (039420)?
Earnings per share at KL-Net Corp are 426.33 KRW (price ÷ EPS = P/E 5.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of KL-Net Corp (039420)?
The dividend yield of KL-Net Corp is 4.2% (payout 23.5%). 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 KL-Net Corp (039420)?
The net margin of KL-Net Corp is 18.7% (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 KL-Net Corp (039420)?
The return on equity (ROE) of KL-Net Corp is 14.4% (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 KL-Net Corp (039420)?
On an EBIT basis the return on assets of KL-Net Corp is 13.5% (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 KL-Net Corp (039420)?
The operating margin of KL-Net Corp is 23.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at KL-Net Corp (039420)?
Revenue at KL-Net Corp is growing −16.4% versus a year earlier (3y avg −1.8%). 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 KL-Net Corp (039420)?
Earnings per share at KL-Net Corp are growing −25.4% versus a year earlier. How much earnings per share grew versus a year earlier.
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Thin data
Nov 3, 2026