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STOCK COMPARISON

TES Co. vs Tesna: Fair Value & Quality

Both stocks run through our valuation models. Here is how TES Co. (095610) and Tesna (131970) compare, as of Sep 14, 2026.

As of Sep 14, 2026, Fair Value Calculator sees TES Co. as the less overvalued of the two: TES Co. trades at KRW 143,500 versus a fair value of KRW 131,185 (-9%), while Tesna trades at KRW 83,800 versus KRW 46,442 (-45%).
TES Co.
095610.KQ · KRW · Information Technology
-9%
upside to fair value
fairly valued
PriceKRW 143,500
Fair ValueKRW 131,185
Quality69/100
Tesna
131970.KQ · KRW · Information Technology
-45%
upside to fair value
overvalued
PriceKRW 83,800
Fair ValueKRW 46,442
Quality47/100
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Head-to-head numbers

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

TES Co.Tesna
Valuation
0.7×EV/EBITDA
−8.6%Fair value upside−44.6%
1.9%Dividend yield0.2%
Profitability
14%Operating margin25%
1.32×EBIT margin trend (5Y)
Return on equity328%
9%Return on assets7%
Growth
67%Revenue growth (YoY)20%
-0.6%Avg. growth/yr (3Y)3.1%
7.4%Avg. growth/yr (5Y)18.1%
+17.2%Value creation/yr−49.9%
Balance & size
91.2×Interest coverage (EBIT/interest)
0.12×Debt / equity0.32×
$2BMarket cap$1B
healthyGrowth qualitymixed

TES Co. leads: 6 to 3 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.

TES Co.of which business quality 68 · market factors 63 Tesnaof which business quality 48 · market factors 55
ProfitabilityMargins and returns on capital today
56
17
Quality GrowthAre margins and returns improving?
73
9
CashflowEarnings quality: real cash, not paper profit
62
95
Fin. StrengthBalance sheet, leverage, solvency risk
80
81
InvestmentDisciplined investing over empire-building
50
68
Low VolatilityCalm price path (market factor)
25
26
MomentumPrice trend over the last 3–12 months (market factor)
79
67
52W MomentumDistance to the 52-week high (market factor)
78
67
Net IssuanceShare count: buybacks or dilution?
87
0

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 familyTES Co.Price KRW 143,500TesnaPrice KRW 83,800
DCF Models-46%below the priceKRW 77,108+103%above the priceKRW 169,996
Earnings-Based-54%below the priceKRW 65,569-98%below the priceKRW 1,684
Dividend Discount-93%below the priceKRW 10,171n/a
Multiples-63%below the priceKRW 53,527-97%below the priceKRW 2,198
Asset-Based-91%below the priceKRW 13,279-82%below the priceKRW 15,222
Growth DCF-50%below the priceKRW 71,996+105%above the priceKRW 172,101
Economic Profit-75%below the priceKRW 35,415-83%below the priceKRW 14,197
Growth Earnings-32%below the priceKRW 98,083-97%below the priceKRW 2,569
Minimum-93%below the priceKRW 10,171-98%below the priceKRW 1,684
Maximum-32%below the priceKRW 98,083+105%above the priceKRW 172,101
Median-59%below the priceKRW 59,548-83%below the priceKRW 14,197
Geometric mean-71%below the priceKRW 41,699-85%below the priceKRW 12,920

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%.

TES Co.: 26 of 26 models see the stock below the current price.

Tesna: 12 of 21 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.

TES Co.
Price KRW 143,500
Fair Value KRW 131,185
Bear KRW 80,829Bull KRW 248,508

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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.

TES Co. · Information Technology

Quality score69 · Top 25%
Fair value upside-9% · above median

Tesna · Information Technology

Quality score47 · below median
Fair value upside-45% · below median

Bottom line

As of Sep 14, 2026, Fair Value Calculator sees TES Co. as the less overvalued of the two: TES Co. trades at KRW 143,500 versus a fair value of KRW 131,185 (-9%), while Tesna trades at KRW 83,800 versus KRW 46,442 (-45%).

TES Co. has the higher quality score (69/100).

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.