SP Systems Co.Ltd (317830) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of SP Systems Co.Ltd stock KRW 6,887, price KRW 3,160, upside +117.9%, quality 40 out of 100. Rating: strongly undervalued. Calculated from audited financials with 10 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 3,160 KRW – 19,630 KRW · fair‑value band 4,696 KRW – 10,005 KRW · the 3,160 KRW price screens below the 6,887 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 4, 2026.
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SP Systems Co.,Ltd. provides robotics solutions in South Korea. The company offers linear modules comprising of clean room robot, wireless linear module, and axis linear modules.
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It also offers cooperative robot, track motion equipment, robot track motion, wireless gantry robot system, and axis gantry robots.
In addition, the company provides smart factory, digital transformation, system integration, operation and maintenance, and consulting services, as well as offers battery, busbar, automobile, and lithium battery related products.
Further, it offers conrod, crankshaft and camshaft handling, cylinder head and block handling, transmission case handling, and pallet head handling solutions.
Additionally, the company provides conveyor, buffer, lifting, inspection, P.P loader, washing, air blow system, and valve body production solutions. It serves automotive, machine tool, display, tires, and test measurement automation sectors.
SP Systems Co.,Ltd. was founded in 1988 and is headquartered in Yangsan-si, South Korea.
Stock analysis
SP Systems Co.Ltd (317830) currently trades at 3,160 KRW, while our model-based Fair Value estimate is 6,887 KRW, implying the stock looks roughly 54% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 7,204 KRW per share, and 8 of the 9 models we run sit above the 3,160 KRW price.
Bear case: the Asset-Based group reads lowest at 1,399 KRW, and 1 of the 9 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 4,696 KRW (bear) to 10,005 KRW (bull), the price of 3,160 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 40/100 (below-average quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
SP Systems Co.Ltd reported revenue of 61.6B KRW in FY2025 versus 35.9B KRW in FY2021, a compound +14.5%/yr. Reported net income was −6.2B KRW in FY2025.
Key figures
Market cap 34.1B KRW (≈ $25.2M) Micro · P/S ratio 0.72 · EPS (TTM) −469.01 KRW · Dividend yield 1.4% · Net margin −9.4% · Return on equity −6.7% · Return on assets (EBIT) −0.5% (5-year average) · Operating margin −1.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 12 out of 100 (low confidence).
What moves the price
The share trades about 80% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −46% fair-value upside, at 118%, 317830 screens cheaper than that median.
Fair Value models
Bear4,696 KRWFair Value 6,887 KRWBull10,005 KRW
Price 3,160 KRW · Upside +117.9%
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.
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.56/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−13.3%
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.
+5.1%
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.
+14.7%
Start year 2020 (pandemic)
Revenue growth 8 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.
+10.8%
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Profit margin (trend) ⓘ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.
0.6% (2020) → −1.2% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
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).
−11.5%
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 −13.3% 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.Specialty Industrial Machinery · 813 stocks
Beats the industry median on 5/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score40 · Bottom 25%
Fair Value upside+117.9% · Top 25%
Profitability
Return on assets−6.2% · Bottom 25%
Net margin (12 months)−9.4% · Bottom 25%
Operating margin (12 months)−1.6% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−22.3% · Bottom 25%
Dividend yield (12 months)1.4% · Below median
Balance sheet
Debt / equity0.09× · Above median
Valuation Multiplesvs Specialty Industrial Machinery 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). "SP Systems Co.Ltd Fair Value". https://www.fairvalue-calculator.com/stock/317830
Frequently asked questions
Is SP Systems Co.Ltd (317830) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 6,887 KRW versus a price of 3,160 KRW, about +118% upside (undervalued).
What is the fair value of 317830?
Our model-based fair value for SP Systems Co.Ltd is 6,887 KRW (as of Nov 4, 2026), built from audited fundamentals. The current price: 3,160 KRW.
What is the quality score of 317830?
SP Systems Co.Ltd has a Quality Score of 40/100. 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 SP Systems Co.Ltd (317830)?
Our model-based price target is the fair value of 6,887 KRW (as of Nov 4, 2026) from 10 valuation models. Cautious scenario 4,696 KRW, optimistic scenario 10,005 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the SP Systems Co.Ltd stock forecast for 2026?
Our models put fair value at 6,887 KRW, about +118% upside versus a price of 3,160 KRW (undervalued). Cautious scenario 4,696 KRW, optimistic scenario 10,005 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of SP Systems Co.Ltd (317830)?
SP Systems Co.Ltd reported trailing-twelve-month revenue of about 53.6B KRW (latest available figure, as of Nov 4, 2026).
Does SP Systems Co.Ltd pay a dividend?
SP Systems Co.Ltd currently shows a dividend yield of 1.39% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of SP Systems Co.Ltd (317830)?
SP Systems Co.Ltd has a dividend yield of 1.4%.
What growth is priced into SP Systems Co.Ltd (317830)?
For today's price to be fair in a discounted-cash-flow model, SP Systems Co.Ltd would have to grow free cash flow by -11.5 % per year for five years (discount rate 11.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +14.7 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of 317830 use?
Our models discount SP Systems Co.Ltd at 11.3 %: a base by market capitalisation (nano), damped by beta 1.45, 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 SP Systems Co.Ltd that is -11.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.3 %) and the same formula as our fair value.
How much growth has SP Systems Co.Ltd (317830) delivered so far?
Over the past 5 years revenue at SP Systems Co.Ltd grew +14.7 % a year. The price currently implies free-cash-flow growth of -11.5 % 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 SP Systems Co.Ltd (317830) growing?
The median revenue growth in the sector is +14.3 % a year. That is the yardstick for the growth priced into SP Systems Co.Ltd (-11.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of SP Systems Co.Ltd (317830)?
The free-cash-flow yield on the price is 12.13 %: that much free cash flow SP Systems Co.Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of SP Systems Co.Ltd (317830)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For SP Systems Co.Ltd it is 6,887 KRW per share (as of Nov 4, 2026), against a price of 3,160 KRW. It is the blended result of 10 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is SP Systems Co.Ltd stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 317830 trades below its calculated fair value: price 3,160 KRW, fair value 6,887 KRW, a gap of about +118% (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 317830?
No. The price is what the market pays today (3,160 KRW); the fair value is what the company's own numbers justify (6,887 KRW). For SP Systems Co.Ltd the two are 3,727 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is SP Systems Co.Ltd worth?
The market values SP Systems Co.Ltd at about 34.1B KRW (market capitalisation, as of Nov 4, 2026). Per share that is 3,160 KRW; our models calculate a fair value of 6,887 KRW per share.
What do the bullish and bearish scenarios say about 317830?
Our models span a range for SP Systems Co.Ltd: cautious scenario 4,696 KRW, base 6,887 KRW, optimistic 10,005 KRW per share (as of Nov 4, 2026, price 3,160 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of SP Systems Co.Ltd (317830)?
Balance-sheet figures for SP Systems Co.Ltd (as of Nov 4, 2026): return on equity −6.7%, debt of 0.09 per unit of equity. They feed the Quality Score of 40/100, which measures business quality independently of the share price.
How far is 317830 from its 52-week high?
SP Systems Co.Ltd trades at 3,160 KRW, about 80% below its 52-week high of 15,570 KRW and at the low of 3,160 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 6,887 KRW is for.
Which stocks are comparable to SP Systems Co.Ltd?
From the same area (Industrials) we also value SIE, GE Vernova Inc, Eaton Corporation, Parker-Hannifin 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 SP Systems Co.Ltd stock attractive at the current price?
The data as of Nov 4, 2026: price 3,160 KRW, calculated fair value 6,887 KRW (+118%), Quality Score 40/100, from 10 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 317830 calculated?
We run SP Systems Co.Ltd through 10 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of 6,887 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. SP Systems Co.Ltd currently trades 54% 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 SP Systems Co.Ltd (317830)?
The closing price on Nov 6, 2026 was 3,160 KRW. Our model-based fair value is 6,887 KRW, about +118% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with SP Systems Co.Ltd right now?
The large discount to fair value meets weak quality (40/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (4,696 KRW). The market is more pessimistic than our downside scenario. A fairly wide model range (4,696 KRW to 10,005 KRW) leaves room in how you read the outcome.
Key figures of SP Systems Co.Ltd
How large is the market capitalisation of SP Systems Co.Ltd (317830)?
The market capitalisation of SP Systems Co.Ltd is 34.1B KRW (≈ $25.2M). 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 SP Systems Co.Ltd (317830)?
The price-to-sales ratio of SP Systems Co.Ltd is 0.72 (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 SP Systems Co.Ltd (317830)?
Earnings per share at SP Systems Co.Ltd are −469.01 KRW. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of SP Systems Co.Ltd (317830)?
The dividend yield of SP Systems Co.Ltd is 1.4%. 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 SP Systems Co.Ltd (317830)?
The net margin of SP Systems Co.Ltd is −9.4% (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 SP Systems Co.Ltd (317830)?
The return on equity (ROE) of SP Systems Co.Ltd is −6.7% (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 SP Systems Co.Ltd (317830)?
On an EBIT basis the return on assets of SP Systems Co.Ltd is −0.5% (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 SP Systems Co.Ltd (317830)?
The operating margin of SP Systems Co.Ltd is −1.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at SP Systems Co.Ltd (317830)?
Revenue at SP Systems Co.Ltd is growing −22.3% versus a year earlier (3y avg +5.1%). 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 SP Systems Co.Ltd (317830)?
Earnings per share at SP Systems Co.Ltd are growing −73.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does SP Systems Co.Ltd (317830) carry?
The net debt of SP Systems Co.Ltd is 15.5B KRW (fiscal year 2021, ≈ 4.0 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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Some data
Nov 4, 2026