EN DE
Watch Satrec Initiative Co. Ltd for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Satrec Initiative Co. Ltd (099320) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Satrec Initiative Co. Ltd stock KRW 27,137, price KRW 50,200, that is 45.9% below the price, quality 42 out of 100. Rating: strongly overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Industrials KR · ISIN KR7099320004

SI Satrec Initiative Co. Ltd logo Some data Nov 6, 2026

Satrec Initiative Co. Ltd

099320 · KQ
Very expensive, weak quality

Our calculation puts a fair price 46% below what the stock costs today.

Highly profitable · 31.2% net margin (TTM)
Low debt
Generates free cash flow over the last twelve months
Revenue last quarter +31% vs. a year ago.
Quality 42/100
Expensive Growth (revenue 5y +18.3 %/yr in KRW)
0.1% dividend yield · Safety not assessed
Mixed vs. peers (4/10)
Some data
Fair value 27,137 KRW · Strongly overvalued (−45.9%)
Narrow moat 43/100 · thin data
Watch Satrec Initiative Co. Ltd for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

214,000 KRW 22,083 KRW Fair Value 27,137 KRW Jun 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.

How to read this chart

60‑month range 22,083 KRW – 214,000 KRW · fair‑value band 21,990 KRW – 32,188 KRW · the 50,200 KRW price screens above the 27,137 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.

Follow Satrec Initiative Co. in your weekly email

Every Wednesday you see whether Satrec Initiative Co. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Satrec Initiative Co., Ltd., together with its subsidiaries, provides solutions for earth observation missions worldwide.

Show moreShow less

It offers satellite systems, such as space components comprising trackers, transceivers, transmitters, steerable antennas, command and data handling units, recorders, electrical propulsion components, and sun sensors; electro-optical payloads; and ground systems, including mission control systems, and image receiving and processing systems.

The company also provides defense products, such as mobile ground receiving processing systems, mobile satellite ground stations, secure satellite imaging platforms, UAV ground and operation control systems, and UAV payload control software solutions.

In addition, it offers services, such as training courses for satellite systems, on-the-job training, launch and early operation, and in-orbit commissioning. The company was founded in 1999 and is based in Daejeon, South Korea.

Stock analysis

Satrec Initiative Co. Ltd (099320) currently trades at 50,200 KRW, while our model-based Fair Value estimate is 27,137 KRW, 46% below the price, so the stock looks overvalued today.

Show more

Valuation

Bull case: the Growth Earnings group reads highest at a median of 42,845 KRW per share, and 2 of the 16 models we run sit above the 50,200 KRW price.

Bear case: the Asset-Based group reads lowest at 5,786 KRW, and 14 of the 16 models stay below the price. Data coverage for this calculation is medium.

Scenario range: 21,990 KRW (bear) to 32,188 KRW (bull), the price of 50,200 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 42/100 (below-average quality), in the Industrials sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Satrec Initiative Co. Ltd reported revenue of 207B KRW in FY2025 versus 73.4B KRW in FY2021, a compound +29.6%/yr. Reported net income was 15.3B KRW in FY2025.

Key figures

Market cap 600B KRW (≈ $440M) Small · P/S ratio 7.60 · Dividend yield 0.1% · Net margin 31.2% · Return on equity 546% · Return on assets (EBIT) −1.6% (5-year average) · Operating margin −5.8% · Revenue (TTM) 78.9B KRW.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).

What moves the price

The share trades about 77% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −23% fair-value upside, at −46%, 099320 screens richer than that median.

Fair Value models

Bear 21,990 KRW Fair Value 27,137 KRW Bull 32,188 KRW
Price 50,200 KRW · Downside -45.9%
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
Residual Income 15,819 KRW 15,460 KRW 16,131 KRW 75
EPV 12,709 KRW 13,376 KRW 13,913 KRW 72
ROIC Compounder 12,709 KRW 13,376 KRW 13,913 KRW 71
All 16 models by family
Earnings-Based
Graham-Dodd 9,494 KRW 66,209 KRW 92,915 KRW 60
Lynch FV 22,977 KRW 32,824 KRW 42,671 KRW 58
PEG = 1.0 22,977 KRW 32,824 KRW 42,671 KRW 55
EPV 12,709 KRW 13,376 KRW 13,913 KRW 72
Dividend Discount
Gordon GGM 1,280 KRW 2,102 KRW 2,689 KRW 66
DDM Multi-Stage 1,280 KRW 2,014 KRW 2,266 KRW 65
Multiples
P/E Multiple 21,990 KRW 29,319 KRW 36,649 KRW 61
P/S Multiple 17,801 KRW 23,735 KRW 29,668 KRW 56
P/B Multiple 38,451 KRW 51,267 KRW 64,084 KRW 53
EV/EBIT 18,787 KRW 22,737 KRW 26,688 KRW 65
EV/EBITDA 22,087 KRW 27,137 KRW 32,188 KRW 66
EV/Revenue 15,394 KRW 19,019 KRW 22,644 KRW 53
Asset-Based
NCAV (Graham) 3,819 KRW 5,786 KRW 7,232 KRW 53
Economic Profit
Residual Income 15,819 KRW 15,460 KRW 16,131 KRW 75
ROIC Compounder 12,709 KRW 13,376 KRW 13,913 KRW 71
Growth Earnings
Growth-Adj P/E 29,991 KRW 42,845 KRW 55,698 KRW 66

Open the full fair value analysis →

Quality Score breakdown

Overall quality 42/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 31
How much profit the company makes from its sales and capital
Quality Growth 78
Are margins and returns getting better?
Cashflow 0
Do the profits arrive as real cash?
Financial strength 80
Debt, balance sheet and risk of trouble
Investment 20
Does it invest with discipline instead of growing at any price?
Low Volatility 13
How calm the share price moves, does not count
Price momentum 25
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 9
Distance to the 52-week high, does not count
New shares 48
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

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. 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+20.8%
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.
+31.3%
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.
+18.3%
Start year 2020 (pandemic). Over 10 years: +21.1% a year
Revenue growth 11 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.
+20.7%
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. Basis: EBIT basis. 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.
−10.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−10.2%
Dividend (yield on the price)0.1%
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.1.0% vs 9.5%, 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.15% → 5%
Pace: the 5-year rate starts in 2020 (pandemic)

099320 screens overvalued: fair value 46% below the price. Compare with General Electric Company →

Compare Satrec Initiative Co. Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

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 “Aerospace & Defense” was too small, so the broader sector is used.)Industrials · 5331 stocks

Beats the sector median on 3/9 measures
Overall it trails its sector peers.
Valuation
Quality Score 42 · Bottom 25%
Fair Value upside −45.9% · Below median
Profitability
Return on assets 3.7% · Above median
Net margin (12 months) 31.2% · Top 25%
Operating margin (12 months) −5.8% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) 31.1% · Top 25%
Dividend yield (12 months) 0.1% · Bottom 25%

Valuation Multiplesvs Industrials median · lower = cheaper

P/B 2.41× · Pricier than median
P/S (12 months) 7.60× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 20
FUTURE (revenue growth)100 · sector 39
PAST (return on equity)0 · sector 30
HEALTH (low debt)100 · sector 94
DIVIDEND (yield)2 · sector 38

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Weapons Defense

Similar stocks

10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Safran SA SAF €295.50 €327.36 +11% vs 099320
Honeywell Aerospace Inc HONA $152.92 $168.21 +10% vs 099320
TransDigm Group TDG $1,197 $1,308 +9% vs 099320
Lockheed Martin Corporation LMT $567.08 $439.21 −23% vs 099320
General Dynamics Corporation GD $354.06 $274.19 −23% vs 099320
Northrop Grumman Corporation NOC $525.01 $382.98 −27% vs 099320
Airbus SE AIR €196.40 €112.14 −43% vs 099320
RTX Corporation RTX $189.53 $88.19 −53% vs 099320
General Electric Company GE $323.24 $92.26 −71% vs 099320
Howmet Aerospace Inc HWM $205.81 $52.65 −74% vs 099320

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Evidence & backtest34 years, failed companies included Financial calculatorsDCF, Graham, PEG and more
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

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.

Satrec Initiative Co. Ltd: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Satrec Initiative Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/099320

Frequently asked questions

Is Satrec Initiative Co. Ltd (099320) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 27,137 KRW versus a price of 50,200 KRW, about 46% lower (overvalued).
What is the fair value of 099320?
Our model-based fair value for Satrec Initiative Co. Ltd is 27,137 KRW (as of Nov 6, 2026), built from audited fundamentals. The current price: 50,200 KRW.
What is the quality score of 099320?
Satrec Initiative Co. Ltd has a Quality Score of 42/100. 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 Satrec Initiative Co. Ltd (099320)?
Our model-based price target is the fair value of 27,137 KRW (as of Nov 6, 2026) from 16 valuation models. Cautious scenario 21,990 KRW, optimistic scenario 32,188 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Satrec Initiative Co. Ltd stock forecast for 2026?
Our models put fair value at 27,137 KRW, about 46% lower versus a price of 50,200 KRW (overvalued). Cautious scenario 21,990 KRW, optimistic scenario 32,188 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Satrec Initiative Co. Ltd (099320)?
Satrec Initiative Co. Ltd reported trailing-twelve-month revenue of about 78.9B KRW (latest available figure, as of Nov 6, 2026).
Does Satrec Initiative Co. Ltd pay a dividend?
Satrec Initiative Co. Ltd currently shows a dividend yield of 0.11% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Satrec Initiative Co. Ltd (099320)?
Satrec Initiative Co. Ltd has a dividend yield of 0.1%. A dividend has been paid every year since at least 2008. Our assessment: Safety not assessed. Payout ratio and cash coverage are not available, so we do not judge how safe this dividend is.
What is the intrinsic value of Satrec Initiative Co. Ltd (099320)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Satrec Initiative Co. Ltd it is 27,137 KRW per share (as of Nov 6, 2026), against a price of 50,200 KRW. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Satrec Initiative Co. Ltd stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 099320 trades above its calculated fair value: price 50,200 KRW, fair value 27,137 KRW, a gap of about −46% (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 099320?
No. The price is what the market pays today (50,200 KRW); the fair value is what the company's own numbers justify (27,137 KRW). For Satrec Initiative Co. Ltd the two are 23,063 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Satrec Initiative Co. Ltd worth?
The market values Satrec Initiative Co. Ltd at about 600B KRW (market capitalisation, as of Nov 6, 2026). Per share that is 50,200 KRW; our models calculate a fair value of 27,137 KRW per share.
What do the bullish and bearish scenarios say about 099320?
Our models span a range for Satrec Initiative Co. Ltd: cautious scenario 21,990 KRW, base 27,137 KRW, optimistic 32,188 KRW per share (as of Nov 6, 2026, price 50,200 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is 099320 from its 52-week high?
Satrec Initiative Co. Ltd trades at 50,200 KRW, about 77% below its 52-week high of 214,000 KRW and 6% above the low of 47,326 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 27,137 KRW is for.
Which stocks are comparable to Satrec Initiative Co. Ltd?
From the same area (Industrials) we also value General Electric Company, RTX Corporation, Airbus SE, Safran SA, 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 Satrec Initiative Co. Ltd stock attractive at the current price?
The data as of Nov 6, 2026: price 50,200 KRW, calculated fair value 27,137 KRW (−46%), Quality Score 42/100, from 16 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 099320 calculated?
We run Satrec Initiative Co. Ltd through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 27,137 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. Satrec Initiative 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 Satrec Initiative Co. Ltd (099320)?
The closing price on Nov 6, 2026 was 50,200 KRW. Our model-based fair value is 27,137 KRW, about 46% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Satrec Initiative Co. Ltd right now?
The price sits above even our optimistic bull case (32,188 KRW). The favourable scenario is already priced in. Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.

Key figures of Satrec Initiative Co. Ltd

How large is the market capitalisation of Satrec Initiative Co. Ltd (099320)?
The market capitalisation of Satrec Initiative Co. Ltd is 600B KRW (≈ $440M). 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 Satrec Initiative Co. Ltd (099320)?
The price-to-sales ratio of Satrec Initiative Co. Ltd is 7.60 (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 Satrec Initiative Co. Ltd (099320)?
The dividend yield of Satrec Initiative Co. Ltd is 0.1%. 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 Satrec Initiative Co. Ltd (099320)?
The net margin of Satrec Initiative Co. Ltd is 31.2% (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 Satrec Initiative Co. Ltd (099320)?
The return on equity (ROE) of Satrec Initiative Co. Ltd is 546% (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 Satrec Initiative Co. Ltd (099320)?
On an EBIT basis the return on assets of Satrec Initiative 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 Satrec Initiative Co. Ltd (099320)?
The operating margin of Satrec Initiative Co. Ltd is −5.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Satrec Initiative Co. Ltd (099320)?
Revenue at Satrec Initiative Co. Ltd is growing +31.1% versus a year earlier (3y avg +31.3%). 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 Satrec Initiative Co. Ltd (099320)?
Earnings per share at Satrec Initiative Co. Ltd are growing −58.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Satrec Initiative Co. Ltd (099320) generate?
The free cash flow of Satrec Initiative Co. Ltd is −99.1B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
Free · no account needed

Watch Satrec Initiative Co. Ltd in the live analysis

One click puts Satrec Initiative Co. Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.