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STOCK COMPARISON

NAU IB Capital vs Morgan Stanley: Fair Value & Quality

Both stocks run through our valuation models. Here is how NAU IB Capital (293580) and Morgan Stanley (MS) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees Morgan Stanley as the more attractively valued of the two: NAU IB Capital trades at KRW 1,275 versus a fair value of KRW 792 (-38%), while Morgan Stanley trades at $198 versus $313 (+58%).
NAU IB Capital
293580.KQ · KRW · Financials
-38%
upside to fair value
overvalued
PriceKRW 1,275
Fair ValueKRW 792
Quality55/100
Morgan Stanley
MS · USD · Financials
+58%
upside to fair value
undervalued
Price$198
Fair Value$313
Quality67/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

NAU IB CapitalMorgan Stanley
Valuation
n/aP/E (TTM)18.0×
0.01×P/S (TTM)4.79×
n/aP/B3.14×
n/aEV/EBITDA22.1×
n/aPEG2.64×
−37.9%Fair value upside+57.6%
1.7%Dividend yield2.0%
KRW 22Dividend per share$4.15
Profitability
65%Operating margin41%
0.69×EBIT margin trend (5Y)0.66×
3%Return on equity16%
3%Return on assets1%
Growth
-60%Revenue growth (YoY)16%
-13.5%Avg. growth/yr (3Y)22.5%
-2.1%Avg. growth/yr (5Y)18.3%
−26.1%Value creation/yr+8.3%
Balance & size
4.5×Interest coverage (EBIT/interest)0.4×
n/aDebt / equity3.13×
$89MMarket cap$351B
weakGrowth qualitymixed

Morgan Stanley leads: 5 to 6 metric wins.

n/a = 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.

NAU IB Capitalof which business quality 50 · market factors 32 Morgan Stanleyof which business quality 61 · market factors 58
ProfitabilityMargins and returns on capital today
40
31
Quality GrowthAre margins and returns improving?
33
56
CashflowEarnings quality: real cash, not paper profit
33
100
Fin. StrengthBalance sheet, leverage, solvency risk
53
26
InvestmentDisciplined investing over empire-building
84
82
Low VolatilityCalm price path (market factor)
44
58
MomentumPrice trend over the last 3–12 months (market factor)
29
57
52W MomentumDistance to the 52-week high (market factor)
24
61
Net IssuanceShare count: buybacks or dilution?
79
87

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 familyNAU IB CapitalPrice KRW 1,275Morgan StanleyPrice $198
DCF Modelsn/a+107%above the price$410
Earnings-Based-22%below the priceKRW 991+8%close to the price$215
Dividend Discount-82%below the priceKRW 227-60%below the price$80.18
Multiples-28%below the priceKRW 914-40%below the price$120
Asset-Based-42%below the priceKRW 737-76%below the price$47.62
Growth DCFn/a+231%above the price$656
Economic Profit-41%below the priceKRW 756-51%below the price$96.23
Minimum-82%below the priceKRW 227-76%below the price$47.62
Maximum-22%below the priceKRW 991+231%above the price$656
Median-41%below the priceKRW 756-40%below the price$120
Geometric mean-49%below the priceKRW 648-20%below the price$159

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%.

NAU IB Capital: 7 of 8 models see the stock below the current price.

Morgan Stanley: 7 of 13 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.

NAU IB Capital
Price KRW 1,275
Fair Value KRW 792
Bear KRW 594Bull KRW 990
Morgan Stanley
Price $198
Fair Value $313
Bear $104Bull $427

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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.

NAU IB Capital · Financials

Quality score55 · above median
Fair value upside-38% · below median

Morgan Stanley · Financials

Quality score67 · Top 25%
Fair value upside+58% · Top 25%

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees Morgan Stanley as the more attractively valued of the two: NAU IB Capital trades at KRW 1,275 versus a fair value of KRW 792 (-38%), while Morgan Stanley trades at $198 versus $313 (+58%).

Morgan Stanley has the higher quality score (67/100).

Open Morgan Stanley live 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.