YM Tech Co. Ltd. (273640) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of YM Tech Co. Ltd. stock KRW 2,550, price KRW 4,640, that is 45.0% below the price, quality 58 out of 100. Rating: strongly overvalued. 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 4, 2026.
How to read this chart
60‑month range 4,130 KRW – 27,593 KRW · fair‑value band 1,951 KRW – 3,239 KRW · the 4,640 KRW price screens above the 2,550 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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YM Tech Co., Ltd. develops and manufactures high-voltage switches. It offers EVR, EVH, EVHB, EVS, EVSB, DC contactor, latching, and military relay. The company was founded in 2004 and is headquartered in Cheongju-si, South Korea.
Stock analysis
YM Tech Co. Ltd. (273640) currently trades at 4,640 KRW, while our model-based Fair Value estimate is 2,550 KRW, 45% 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 3,457 KRW per share, and 1 of the 24 models we run sit above the 4,640 KRW price.
Bear case: the Dividend Discount group reads lowest at 1,449 KRW, and 23 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: 1,951 KRW (bear) to 3,239 KRW (bull), the price of 4,640 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 58/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
YM Tech Co. Ltd. reported revenue of 29.1B KRW in FY2025 versus 30.0B KRW in FY2021, a compound −0.8%/yr. Reported net income was 3.2B KRW in FY2025, compounding −16.2%/yr from FY2021.
Key figures
Market cap 48.9B KRW (≈ $36.1M) Micro · P/E ratio 17.3 · P/S ratio 1.68 · EPS (TTM) 310.76 KRW · Dividend yield 2.2% · Net margin 10.9% · Return on equity 5.7% · Return on assets (EBIT) 11.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (low confidence).
What moves the price
The share trades about 65% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at −45%, 273640 screens richer than that median.
Fair Value models
Bear1,951 KRWFair Value 2,550 KRWBull3,239 KRW
Price 4,640 KRW · Downside -45.0%
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 (180.73 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−5.8%
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.
−16.1%
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.
+11.3%
Start year 2020 (pandemic)
Revenue growth 7 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.
+7.3%
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’25
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.
−0.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−2.8%
Dividend (yield on the price)2.2%
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.26% → 6%
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).
+2.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +0.5% 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.Electrical Equipment & Parts · 564 stocks
Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside−46.9% · Below median
Profitability
Return on equity (12 months)5.7% · Below median
Return on assets5.3% · Above median
Net margin (12 months)10.9% · Top 25%
Operating margin (12 months)−24.0% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−34.4% · Bottom 25%
Dividend yield (12 months)2.2% · Above median
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
P/E (12 months)17.3× · Cheaper than median
P/B0.86× · Cheapest 25%
P/S (12 months)1.68× · Cheaper than median
Price / free cash flow (fiscal year)33.6× · Pricier than median
EV/EBITDA12.1× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 66
PAST (return on equity)23· sector 25
HEALTH (low debt)0· sector 97
DIVIDEND (yield)42· sector 23
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 YM Tech Co. Ltd. (273640) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 2,550 KRW versus a price of 4,640 KRW, about 45% lower (overvalued).
What is the fair value of 273640?
Our model-based fair value for YM Tech Co. Ltd. is 2,550 KRW (as of Nov 4, 2026), built from audited fundamentals. The current price: 4,640 KRW.
What is the quality score of 273640?
YM Tech Co. Ltd. has a Quality Score of 58/100. 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 YM Tech Co. Ltd. (273640)?
Our model-based price target is the fair value of 2,550 KRW (as of Nov 4, 2026) from 24 valuation models. Cautious scenario 1,951 KRW, optimistic scenario 3,239 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the YM Tech Co. Ltd. stock forecast for 2026?
Our models put fair value at 2,550 KRW, about 45% lower versus a price of 4,640 KRW (overvalued). Cautious scenario 1,951 KRW, optimistic scenario 3,239 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of YM Tech Co. Ltd. (273640)?
YM Tech Co. Ltd. reported trailing-twelve-month revenue of about 29.1B KRW (latest available figure, as of Nov 4, 2026).
Does YM Tech Co. Ltd. pay a dividend?
YM Tech Co. Ltd. currently shows a dividend yield of 2.16% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of YM Tech Co. Ltd. (273640) and when is the ex-dividend date?
YM Tech Co. Ltd. pays a dividend of 100.00 KRW per share a year, a dividend yield of 2.2%. The last ex-dividend date was Dec 29, 2025. A dividend has been paid every year since at least 2021. The payout ratio is 32.2% of earnings. Free cash flow covers the dividend 1.43 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 YM Tech Co. Ltd. (273640)?
For today's price to be fair in a discounted-cash-flow model, YM Tech Co. Ltd. would have to grow free cash flow by +2.5 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.3 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of 273640 use?
Our models discount YM Tech Co. Ltd. at 11.0 %: a base by market capitalisation (nano), damped by beta 1.35, 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 YM Tech Co. Ltd. that is +2.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has YM Tech Co. Ltd. (273640) delivered so far?
Over the past 5 years revenue at YM Tech Co. Ltd. grew +11.3 % a year. The price currently implies free-cash-flow growth of +2.5 % 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 YM Tech Co. Ltd. (273640) growing?
The median revenue growth in the sector is +14.3 % a year. That is the yardstick for the growth priced into YM Tech Co. Ltd. (+2.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of YM Tech Co. Ltd. (273640)?
The free-cash-flow yield on the price is 3.08 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow YM Tech Co. Ltd. produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of YM Tech Co. Ltd. (273640)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For YM Tech Co. Ltd. it is 2,550 KRW per share (as of Nov 4, 2026), against a price of 4,640 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 YM Tech Co. Ltd. stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 273640 trades above its calculated fair value: price 4,640 KRW, fair value 2,550 KRW, a gap of about −45% (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 273640?
No. The price is what the market pays today (4,640 KRW); the fair value is what the company's own numbers justify (2,550 KRW). For YM Tech Co. Ltd. the two are 2,090 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is YM Tech Co. Ltd. worth?
The market values YM Tech Co. Ltd. at about 48.9B KRW (market capitalisation, as of Nov 4, 2026). Per share that is 4,640 KRW; our models calculate a fair value of 2,550 KRW per share.
What do the bullish and bearish scenarios say about 273640?
Our models span a range for YM Tech Co. Ltd.: cautious scenario 1,951 KRW, base 2,550 KRW, optimistic 3,239 KRW per share (as of Nov 4, 2026, price 4,640 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 273640?
YM Tech Co. Ltd. trades at a price-to-earnings ratio of 17.3 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 2,550 KRW is built from several models across several years. Other multiples: P/B 0.9, P/S 1.7, EV/EBITDA 12.1.
How solid is the balance sheet of YM Tech Co. Ltd. (273640)?
Balance-sheet figures for YM Tech Co. Ltd. (as of Nov 4, 2026): return on equity 5.7%. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is 273640 from its 52-week high?
YM Tech Co. Ltd. trades at 4,640 KRW, about 65% below its 52-week high of 13,290 KRW and 12% above the low of 4,130 KRW (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 2,550 KRW is for.
Which stocks are comparable to YM Tech Co. Ltd.?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, Delta Electronics (Thailand) Public Company, 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 YM Tech Co. Ltd. stock attractive at the current price?
The data as of Nov 4, 2026: price 4,640 KRW, calculated fair value 2,550 KRW (−45%), Quality Score 58/100, 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 273640 calculated?
We run YM Tech Co. Ltd. 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 2,550 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. YM Tech 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 YM Tech Co. Ltd. (273640)?
The closing price on Nov 9, 2026 was 4,640 KRW. Our model-based fair value is 2,550 KRW, about 45% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with YM Tech Co. Ltd. right now?
The price sits above even our optimistic bull case (3,239 KRW). The favourable scenario is already priced in. Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of YM Tech Co. Ltd.
How large is the market capitalisation of YM Tech Co. Ltd. (273640)?
The market capitalisation of YM Tech Co. Ltd. is 48.9B KRW (≈ $36.1M). 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 YM Tech Co. Ltd. (273640)?
The price-to-sales ratio of YM Tech Co. Ltd. is 1.68 (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 YM Tech Co. Ltd. (273640)?
Earnings per share at YM Tech Co. Ltd. are 310.76 KRW (price ÷ EPS = P/E 17.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of YM Tech Co. Ltd. (273640)?
The dividend yield of YM Tech Co. Ltd. is 2.2% (payout 32.2%). 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 YM Tech Co. Ltd. (273640)?
The net margin of YM Tech Co. Ltd. is 10.9% (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 YM Tech Co. Ltd. (273640)?
The return on equity (ROE) of YM Tech Co. Ltd. is 5.7% (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 YM Tech Co. Ltd. (273640)?
On an EBIT basis the return on assets of YM Tech Co. Ltd. is 11.4% (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 YM Tech Co. Ltd. (273640)?
The operating margin of YM Tech Co. Ltd. is −24.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at YM Tech Co. Ltd. (273640)?
Revenue at YM Tech Co. Ltd. is growing −34.4% versus a year earlier (3y avg −16.1%). 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 YM Tech Co. Ltd. (273640)?
Earnings per share at YM Tech Co. Ltd. are growing +5.5% versus a year earlier. How much earnings per share grew versus a year earlier.
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Broad data
Nov 4, 2026