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STOCK COMPARISON

Neowiz Holdings vs Alphabet Inc Class C: Fair Value & Quality

Both stocks run through our valuation models. Here is how Neowiz Holdings (042420) and Alphabet Inc Class C (GOOG) compare, as of Sep 14, 2026.

As of Sep 14, 2026, Fair Value Calculator sees Alphabet Inc Class C as the less overvalued of the two: Neowiz Holdings trades at KRW 24,000 versus a fair value of KRW 13,716 (-43%), while Alphabet Inc Class C trades at $335 versus $333 (-1%).
Neowiz Holdings
042420.KQ · KRW · Communication Services
-43%
upside to fair value
overvalued
PriceKRW 24,000
Fair ValueKRW 13,716
Quality75/100
Alphabet Inc Class C
GOOG · USD · Communication Services
-1%
upside to fair value
fairly valued
Price$335
Fair Value$333
Quality70/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Neowiz HoldingsAlphabet Inc Class C
Valuation
P/E (TTM)26.4×
P/S (TTM)10.00×
P/B10.17×
EV/EBITDA26.3×
PEG1.36×
−42.9%Fair value upside−0.8%
2.0%Dividend yield0.3%
KRW 486Dividend per share$0.84
Profitability
6%Operating margin36%
0.66×EBIT margin trend (5Y)1.42×
10%Return on equity39%
4%Return on assets15%
Growth
14%Revenue growth (YoY)22%
13.6%Avg. growth/yr (3Y)12.5%
8.6%Avg. growth/yr (5Y)17.2%
−2.7%Value creation/yr+29.0%
Balance & size
1,033.6×Interest coverage (EBIT/interest)903.3×
Debt / equity0.11×
$98MMarket cap$4.2T
mixedGrowth qualityexpensive

Alphabet Inc Class C leads: 4 to 6 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Neowiz Holdingsof which business quality 75 · market factors 46 Alphabet Inc Class Cof which business quality 69 · market factors 61
ProfitabilityMargins and returns on capital today
47
84
Quality GrowthAre margins and returns improving?
75
56
CashflowEarnings quality: real cash, not paper profit
81
61
Fin. StrengthBalance sheet, leverage, solvency risk
68
82
InvestmentDisciplined investing over empire-building
94
8
Low VolatilityCalm price path (market factor)
45
54
MomentumPrice trend over the last 3–12 months (market factor)
50
58
52W MomentumDistance to the 52-week high (market factor)
42
73
Net IssuanceShare count: buybacks or dilution?
100
99

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyNeowiz HoldingsPrice KRW 24,000Alphabet Inc Class CPrice $335
DCF Models+1072%above the priceKRW 281,365-40%below the price$200
Earnings-Based+474%above the priceKRW 137,731-23%below the price$260
Dividend Discountn/a-95%below the price$15.70
Multiples+427%above the priceKRW 126,430-60%below the price$133
Asset-Based+59%above the priceKRW 38,067-93%below the price$22.75
Growth DCF+1063%above the priceKRW 279,112-46%below the price$181
Economic Profit+371%above the priceKRW 112,970-54%below the price$155
Growth Earnings+650%above the priceKRW 179,978+2%close to the price$343
Minimum+59%above the priceKRW 38,067-95%below the price$15.70
Maximum+1072%above the priceKRW 281,365+2%close to the price$343
Median+474%above the priceKRW 137,731-50%below the price$168
Geometric mean+484%above the priceKRW 140,081-67%below the price$111

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Neowiz Holdings: 0 of 24 models see the stock below the current price.

Alphabet Inc Class C: 22 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Neowiz Holdings
Price KRW 24,000
Fair Value KRW 13,716
Bear KRW 9,601Bull KRW 17,831
Alphabet Inc Class C
Price $335
Fair Value $333
Bear $210Bull $746

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Neowiz Holdings · Communication Services

Quality score75 · Top 25%
Fair value upside-43% · below median

Alphabet Inc Class C · Communication Services

Quality score70 · Top 25%
Fair value upside-1% · below median

Bottom line

As of Sep 14, 2026, Fair Value Calculator sees Alphabet Inc Class C as the less overvalued of the two: Neowiz Holdings trades at KRW 24,000 versus a fair value of KRW 13,716 (-43%), while Alphabet Inc Class C trades at $335 versus $333 (-1%).

Neowiz Holdings has the higher quality score (75/100).

See the full analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.