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

BitNine Co. Ltd. (357880) fair value: what the stock is really worth

As of Nov 10, 2026: fair value (intrinsic value) of BitNine Co. Ltd. stock KRW 1,014, price KRW 1,444, that is 29.8% below the price, quality 26 out of 100. Rating: overvalued. The value is an estimate: none of our valuation models currently carries, it draws on revenue and assets compared with similar companies. Updated daily.

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

Technology KR · ISIN KR7357880004

BC BitNine Co. Ltd. logo Thin data Nov 10, 2026

BitNine Co. Ltd.

357880 · KQ
Expensive, weak quality

Our calculation puts a fair price 30% below what the stock costs today.

Low debt
Revenue last quarter 60% below a year ago.
Fair value 1,014 KRW · Overvalued
Quality 26/100
Weak Growth (revenue 3y −6.6 %/yr in KRW)
Loss-making · -196.8% net margin (TTM)
Negative free cash flow
Trails peers (1/10)
Narrow moat 3/100 · thin data
Thin data
Estimate
Watch BitNine 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

12,085 KRW 1,310 KRW Fair Value 1,014 KRW Nov 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.

How to read this chart

60‑month range 1,310 KRW – 12,085 KRW · fair‑value band 760.32 KRW – 1,267 KRW · the 1,444 KRW price screens above the 1,014 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 10, 2026.

Follow BitNine Co. in your weekly email

Every Wednesday you see whether BitNine 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

SKAI worldwide Co., Ltd. engages in graph database solutions based on graph technology and software business in South Korea.

Show moreShow less

It offers AgensSQL, a software that provides technical support for modification and development; and AgensGraph, an enterprise graph database management system that stores and manages various data.

It also provides products including Graph RAG, an AI marketing solution, Gen-AI video production; and Ontovia, a next-generation enterprise AI solution. The company was formerly known as Bitnine Co, Ltd. and changed its name to SKAI worldwide Co., Ltd. in January 2025.

SKAI worldwide Co., Ltd. was founded in 2013 and is headquartered in Seoul, South Korea.

Stock analysis

BitNine Co. Ltd. (357880) currently trades at 1,444 KRW, while our estimate is 1,014 KRW, 30% below the price, so the stock looks overvalued today.

Show more

Valuation

None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Scenario range: 760.32 KRW (bear) to 1,267 KRW (bull), the price of 1,444 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 26/100 (below-average quality), in the Technology sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

BitNine Co. Ltd. reported revenue of 15.6B KRW in FY2025 versus 16.4B KRW in FY2021, a compound −1.2%/yr. Reported net income was −14.8B KRW in FY2025.

Key figures

Market cap 76.4B KRW (≈ $57.3M) Micro · P/S ratio 7.50 · EPS (TTM) −471.90 KRW · Net margin −94.8% · Return on equity −169% · Return on assets (EBIT) −15.1% (5-year average) · Operating margin −88.4% · Revenue (TTM) 12.7B KRW.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 3 out of 100 (low confidence).

What moves the price

The share trades about 75% below its 52-week high and 10% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Technology peers we cover trades at −11% fair-value upside, at −30%, 357880 screens richer than that median.

Fair Value

Bear 760.32 KRW Fair Value 1,014 KRW Bull 1,267 KRW
Price 1,444 KRW · Downside -29.8%
Estimate. None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Quality Score breakdown

Overall quality 26/100

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

Profitability 12
How much profit the company makes from its sales and capital
Quality Growth 40
Are margins and returns getting better?
Cashflow 0
Do the profits arrive as real cash?
Financial strength 25
Debt, balance sheet and risk of trouble
Investment 98
Does it invest with discipline instead of growing at any price?
Low Volatility 43
How calm the share price moves, does not count
Price momentum 11
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 4
Distance to the 52-week high, does not count
New shares 16
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. 20/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−21.2%
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.
−6.6%
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.
+6.2%
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.
+1.9%
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.
−7.4% (2020) → −28.1% (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

357880 screens overvalued: fair value 30% below the price. Compare with Microsoft Corporation →

Compare BitNine 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 industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software - Infrastructure · 410 stocks

Beats the industry median on 0/8 measures
Overall it trails its industry peers.
Valuation
Quality Score 26 · Bottom 25%
Fair Value upside −29.8% · Below median
Profitability
Return on assets −38.6% · Bottom 25%
Net margin (12 months) −196.8% · Bottom 25%
Operating margin (12 months) −88.4% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −60.1% · Bottom 25%

Valuation Multiplesvs Software - Infrastructure median · lower = cheaper

P/B 6.08× · Priciest 25%
P/S (12 months) 6.02× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 22
FUTURE (revenue growth)0 · sector 60
PAST (return on equity)0 · sector 15
HEALTH (low debt)100 · sector 98
DIVIDEND (yield)0 · sector 27

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.

None of the checked exposures detected

Similar stocks

10 more Software - Infrastructure stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Microsoft Corporation MSFT $533.16 $599.70 +12% vs 357880
Fortinet, Inc FTNT $123.57 $130.72 +6% vs 357880
Oracle Corporation ORCL $117.98 $111.97 −5% vs 357880
Block, Inc XYZ $85.58 $76.43 −11% vs 357880
NetApp, Inc NTAP $175.99 $156.80 −11% vs 357880
Synopsys, Inc SNPS $459.95 $288.23 −37% vs 357880
Zscaler, Inc ZS $194.92 $101.45 −48% vs 357880
Palantir Technologies Inc PLTR $168.82 $42.20 −75% vs 357880
CrowdStrike Holdings CRWD $225.76 $37.97 −83% vs 357880
Palo Alto Networks, Inc PANW $326.36 $39.54 −88% vs 357880

Explore undervalued stocks

More undervalued Technology 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 StocksStocks for 2027: Large Companies Below Fair Value

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 Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
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.

BitNine Co. Ltd.: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "BitNine Co. Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/357880

Frequently asked questions

Is BitNine Co. Ltd. (357880) overvalued or undervalued?
As of Nov 10, 2026, our estimate of fair value is 1,014 KRW versus a price of 1,444 KRW, about 30% lower (overvalued).
What is the fair value of 357880?
Our estimate for BitNine Co. Ltd. is 1,014 KRW (as of Nov 10, 2026), built from audited fundamentals. The current price: 1,444 KRW.
What is the quality score of 357880?
BitNine Co. Ltd. has a Quality Score of 26/100. 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 BitNine Co. Ltd. (357880)?
Our calculated price target is the estimate of 1,014 KRW (as of Nov 10, 2026). Cautious scenario 760.32 KRW, optimistic scenario 1,267 KRW. It is an estimate from revenue and assets compared with similar companies, because none of our valuation models currently carries, not an analyst target.
What is the BitNine Co. Ltd. stock forecast for 2026?
Our estimate puts fair value at 1,014 KRW, about 30% lower versus a price of 1,444 KRW (overvalued). Cautious scenario 760.32 KRW, optimistic scenario 1,267 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of BitNine Co. Ltd. (357880)?
BitNine Co. Ltd. reported trailing-twelve-month revenue of about 12.7B KRW (latest available figure, as of Nov 10, 2026).
What is the intrinsic value of BitNine Co. Ltd. (357880)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BitNine Co. Ltd. it is 1,014 KRW per share (as of Nov 10, 2026), against a price of 1,444 KRW.
Is BitNine Co. Ltd. stock overvalued or undervalued in 2026?
As of Nov 10, 2026, 357880 trades above its calculated fair value: price 1,444 KRW, fair value 1,014 KRW, a gap of about −30% (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 357880?
No. The price is what the market pays today (1,444 KRW); the fair value is what the company's own numbers justify (1,014 KRW). For BitNine Co. Ltd. the two are 430.24 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is BitNine Co. Ltd. worth?
The market values BitNine Co. Ltd. at about 76.4B KRW (market capitalisation, as of Nov 10, 2026). Per share that is 1,444 KRW; our models calculate a fair value of 1,014 KRW per share.
What do the bullish and bearish scenarios say about 357880?
Our models span a range for BitNine Co. Ltd.: cautious scenario 760.32 KRW, base 1,014 KRW, optimistic 1,267 KRW per share (as of Nov 10, 2026, price 1,444 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of BitNine Co. Ltd. (357880)?
Balance-sheet figures for BitNine Co. Ltd. (as of Nov 10, 2026): return on equity −168.6%. They feed the Quality Score of 26/100, which measures business quality independently of the share price.
How far is 357880 from its 52-week high?
BitNine Co. Ltd. trades at 1,444 KRW, about 75% below its 52-week high of 5,790 KRW and 10% above the low of 1,310 KRW (as of Nov 10, 2026). Distance from the high says nothing about value: that is what the fair value of 1,014 KRW is for.
Which stocks are comparable to BitNine Co. Ltd.?
From the same area (Technology) we also value Microsoft Corporation, Oracle Corporation, Palantir Technologies Inc, Palo Alto Networks, Inc, 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 BitNine Co. Ltd. stock attractive at the current price?
The data as of Nov 10, 2026: price 1,444 KRW, calculated fair value 1,014 KRW (−30%), Quality Score 26/100. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1% above its aggregate fair value. BitNine 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 BitNine Co. Ltd. (357880)?
The closing price on Nov 10, 2026 was 1,444 KRW. Our estimate is 1,014 KRW, about 30% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with BitNine Co. Ltd. right now?
The price sits above even our optimistic bull case (1,267 KRW). The favourable scenario is already priced in. Weak quality (26/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of BitNine Co. Ltd.

How large is the market capitalisation of BitNine Co. Ltd. (357880)?
The market capitalisation of BitNine Co. Ltd. is 76.4B KRW (≈ $57.3M). 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 BitNine Co. Ltd. (357880)?
The price-to-sales ratio of BitNine Co. Ltd. is 7.50 (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 BitNine Co. Ltd. (357880)?
Earnings per share at BitNine Co. Ltd. are −471.90 KRW. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of BitNine Co. Ltd. (357880)?
The net margin of BitNine Co. Ltd. is −94.8% (fiscal year 2025). 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 BitNine Co. Ltd. (357880)?
The return on equity (ROE) of BitNine Co. Ltd. is −169% (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 BitNine Co. Ltd. (357880)?
On an EBIT basis the return on assets of BitNine Co. Ltd. is −15.1% (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 BitNine Co. Ltd. (357880)?
The operating margin of BitNine Co. Ltd. is −88.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at BitNine Co. Ltd. (357880)?
Revenue at BitNine Co. Ltd. is growing −60.1% versus a year earlier (3y avg −6.6%). 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 BitNine Co. Ltd. (357880)?
Earnings per share at BitNine Co. Ltd. are growing +28.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does BitNine Co. Ltd. (357880) generate?
The free cash flow of BitNine Co. Ltd. is −4.3B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does BitNine Co. Ltd. (357880) carry?
The net debt of BitNine Co. Ltd. is 10.8B KRW (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch BitNine Co. Ltd. in the live analysis

One click puts BitNine 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.