JS Corp (194370) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of JS Corp stock KRW 27,591, price KRW 10,820, upside +155.0%, quality 39 out of 100. Rating: strongly undervalued. 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 8, 2026.
How to read this chart
60‑month range 4,751 KRW – 14,894 KRW · fair‑value band 15,166 KRW – 35,868 KRW · the 10,820 KRW price screens below the 27,591 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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JS Corporation engages in the manufacture and sale of handbags worldwide. It provides luxury leather handbags. The company was founded in 1985 and is headquartered in Seoul, South Korea.
Stock analysis
JS Corp (194370) currently trades at 10,820 KRW, while our model-based Fair Value estimate is 27,591 KRW, implying the stock looks roughly 61% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 84,896 KRW per share, and 24 of the 26 models we run sit above the 10,820 KRW price.
Bear case: the Dividend Discount group reads lowest at 6,474 KRW, and 2 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: 15,166 KRW (bear) to 35,868 KRW (bull), the price of 10,820 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 39/100 (below-average quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
JS Corp reported revenue of 1.3T KRW in FY2025 versus 987B KRW in FY2021, a compound +6.9%/yr. Reported net income was 76.6B KRW in FY2025, compounding +12.2%/yr from FY2021.
Key figures
Market cap 314B KRW (≈ $232M) Micro · P/E ratio 3.9 · P/S ratio 0.22 · EPS (TTM) 2,810 KRW · Dividend yield 6.5% · Net margin 5.7% · Return on equity 15.5% · Return on assets (EBIT) 10.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 27% below its 52-week high and 14% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 30% fair-value upside, at 155%, 194370 screens cheaper than that median.
Fair Value models
Bear15,166 KRWFair Value 27,591 KRWBull35,868 KRW
Price 10,820 KRW · Upside +155.0%
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 (1,810 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.
Best data coverage
FCF DCF53,730 KRW83,566 KRW166,874 KRW76
Residual Income16,420 KRW19,482 KRW27,349 KRW76
Growth DCF49,888 KRW88,652 KRW156,410 KRW75
All 26 models by family
DCF Models
FCF DCF53,730 KRW83,566 KRW166,874 KRW76
Owner Earnings46,916 KRW105,598 KRW210,580 KRW71
5Y Revenue Exit36,225 KRW68,969 KRW133,466 KRW69
5Y EBITDA Exit43,010 KRW83,291 KRW158,056 KRW71
5Y P/E Exit38,498 KRW85,251 KRW145,178 KRW68
10Y Revenue Exit40,363 KRW84,541 KRW124,333 KRW65
10Y EBITDA Exit45,853 KRW96,338 KRW187,377 KRW64
10Y P/E Exit43,019 KRW88,493 KRW165,460 KRW60
Earnings-Based
Graham-Dodd17,939 KRW125,106 KRW175,568 KRW63
Lynch FV40,295 KRW57,564 KRW74,833 KRW61
PEG = 1.040,295 KRW57,564 KRW74,833 KRW57
EPV21,414 KRW25,554 KRW28,950 KRW74
Dividend Discount
Gordon GGM3,879 KRW6,693 KRW8,889 KRW68
DDM Multi-Stage3,879 KRW6,254 KRW7,181 KRW67
Multiples
P/E Multiple43,529 KRW58,039 KRW72,549 KRW63
P/S Multiple33,636 KRW44,848 KRW56,060 KRW58
P/B Multiple54,268 KRW72,358 KRW90,447 KRW55
EV/EBIT41,777 KRW63,569 KRW85,362 KRW65
EV/EBITDA27,019 KRW43,893 KRW60,766 KRW66
EV/Revenue13,691 KRW29,674 KRW45,657 KRW51
Asset-Based
NCAV (Graham)9,045 KRW12,120 KRW18,089 KRW54
Growth DCF
Growth DCF49,888 KRW88,652 KRW156,410 KRW75
Rev-Margin DCF36,225 KRW77,716 KRW140,897 KRW69
Economic Profit
Residual Income16,420 KRW19,482 KRW27,349 KRW76
ROIC Compounder23,679 KRW34,983 KRW43,274 KRW72
Growth Earnings
Growth-Adj P/E54,773 KRW78,247 KRW101,721 KRW67
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.95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+15.3%
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.
+9.7%
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.
+26.2%
Start year 2020 (pandemic). Over 10 years: +18.3% 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%
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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. 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.
+47.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+40.6%
Dividend (yield on the price)6.5%
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.2% → 11%
Growth Forecast
Little optimism in the price
The price assumes less 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).
−1.7%
The company could shrink this much every year for the next five years and today's price would still be justified.
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 −3.7% 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 industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Footwear & Accessories · 92 stocks
Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score39 · Bottom 25%
Fair Value upside+155.0% · Top 25%
Profitability
Return on equity (12 months)15.5% · Top 25%
Return on assets4.2% · Below median
Net margin (12 months)5.7% · Above median
Operating margin (12 months)12.5% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)42.9% · Top 25%
Dividend yield (12 months)6.5% · Top 25%
Balance sheet
Debt / equity0.87× · Highest 25%
Valuation Multiplesvs Footwear & Accessories 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). "JS Corp Fair Value". https://www.fairvalue-calculator.com/stock/194370
Frequently asked questions
Is JS Corp (194370) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 27,591 KRW versus a price of 10,820 KRW, about +155% upside (undervalued).
What is the fair value of 194370?
Our model-based fair value for JS Corp is 27,591 KRW (as of Nov 8, 2026), built from audited fundamentals. The current price: 10,820 KRW.
What is the quality score of 194370?
JS Corp has a Quality Score of 39/100. 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 JS Corp (194370)?
Our model-based price target is the fair value of 27,591 KRW (as of Nov 8, 2026) from 26 valuation models. Cautious scenario 15,166 KRW, optimistic scenario 35,868 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the JS Corp stock forecast for 2026?
Our models put fair value at 27,591 KRW, about +155% upside versus a price of 10,820 KRW (undervalued). Cautious scenario 15,166 KRW, optimistic scenario 35,868 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of JS Corp (194370)?
JS Corp reported trailing-twelve-month revenue of about 1.4T KRW (latest available figure, as of Nov 8, 2026).
Does JS Corp pay a dividend?
JS Corp currently shows a dividend yield of 6.47% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of JS Corp (194370) and when is the ex-dividend date?
JS Corp pays a dividend of 700.00 KRW per share a year, a dividend yield of 6.5%. The last ex-dividend date was Jun 29, 2026. A dividend has been paid every year since at least 2016. The payout ratio is 27.8% of earnings (on adjusted earnings, reported 24.9%). Free cash flow covers the dividend 5.75 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 JS Corp (194370)?
For today's price to be fair in a discounted-cash-flow model, JS Corp would have to grow free cash flow by -1.7 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +26.2 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 194370 use?
Our models discount JS Corp at 11.8 %: a base by market capitalisation (micro), damped by beta 0.60, 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 JS Corp that is -1.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has JS Corp (194370) delivered so far?
Over the past 5 years revenue at JS Corp grew +26.2 % a year. The price currently implies free-cash-flow growth of -1.7 % 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 JS Corp (194370) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into JS Corp (-1.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of JS Corp (194370)?
The free-cash-flow yield on the price is 37.22 %: that much free cash flow JS Corp produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of JS Corp (194370)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For JS Corp it is 27,591 KRW per share (as of Nov 8, 2026), against a price of 10,820 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 JS Corp stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 194370 trades below its calculated fair value: price 10,820 KRW, fair value 27,591 KRW, a gap of about +155% (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 194370?
No. The price is what the market pays today (10,820 KRW); the fair value is what the company's own numbers justify (27,591 KRW). For JS Corp the two are 16,771 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is JS Corp worth?
The market values JS Corp at about 314B KRW (market capitalisation, as of Nov 8, 2026). Per share that is 10,820 KRW; our models calculate a fair value of 27,591 KRW per share.
What do the bullish and bearish scenarios say about 194370?
Our models span a range for JS Corp: cautious scenario 15,166 KRW, base 27,591 KRW, optimistic 35,868 KRW per share (as of Nov 8, 2026, price 10,820 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 194370?
JS Corp trades at a price-to-earnings ratio of 3.9 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 27,591 KRW is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 4.6 (reported for FY2025: 4.1). Other multiples: P/B 0.6, P/S 0.2, EV/EBITDA 3.3.
How solid is the balance sheet of JS Corp (194370)?
Balance-sheet figures for JS Corp (as of Nov 8, 2026): return on equity 15.5%, debt of 0.87 per unit of equity. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is 194370 from its 52-week high?
JS Corp trades at 10,820 KRW, about 27% below its 52-week high of 14,894 KRW and 14% above the low of 9,516 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 27,591 KRW is for.
Which stocks are comparable to JS Corp?
From the same area (Consumer Cyclical) we also value NIKE, Inc, adidas AG, On Holding, Deckers Outdoor 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 JS Corp stock attractive at the current price?
The data as of Nov 8, 2026: price 10,820 KRW, calculated fair value 27,591 KRW (+155%), Quality Score 39/100, 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 194370 calculated?
We run JS Corp 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 27,591 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. JS Corp currently trades 61% 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 JS Corp (194370)?
The closing price on Nov 6, 2026 was 10,820 KRW. Our model-based fair value is 27,591 KRW, about +155% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with JS Corp right now?
The large discount to fair value meets weak quality (39/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (15,166 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. A fairly wide model range (15,166 KRW to 35,868 KRW) leaves room in how you read the outcome.
Key figures of JS Corp
How large is the market capitalisation of JS Corp (194370)?
The market capitalisation of JS Corp is 314B KRW (≈ $232M). 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 JS Corp (194370)?
The price-to-sales ratio of JS Corp is 0.22 (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 JS Corp (194370)?
Earnings per share at JS Corp are 2,810 KRW (price ÷ EPS = P/E 3.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of JS Corp (194370)?
The dividend yield of JS Corp is 6.5% (payout 27.8%, on adjusted earnings, reported 24.9%). 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 JS Corp (194370)?
The net margin of JS Corp is 5.7% (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 JS Corp (194370)?
The return on equity (ROE) of JS Corp is 15.5% (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 JS Corp (194370)?
On an EBIT basis the return on assets of JS Corp is 10.3% (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 JS Corp (194370)?
The operating margin of JS Corp is 12.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at JS Corp (194370)?
Revenue at JS Corp is growing +42.9% versus a year earlier (3y avg +9.7%). 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 JS Corp (194370)?
Earnings per share at JS Corp are growing +75.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does JS Corp (194370) carry?
The net debt of JS Corp is 685B KRW (fiscal year 2025, ≈ 5.9 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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Thin data
Nov 8, 2026