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Sangsangin Investment & Securities Co (001290) Fair Value & Analysis

Financial Services · KR · Market cap 77.6B KRW

SI Sangsangin Investment & Securities Co 001290 · KO
Price1,027 KRW
Fair Value1,474 KRW
Upside+43.5%
Quality60/100
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Mixed Growth
Thin margins · 1.4% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (5/9)
Narrow moat 44/100
Evidence: High Range 1,106 KRW – 1,843 KRW Share as image

Fair value as of: Aug 13, 2026

From 2 valuation models · updated today

Fair value updated Aug 13, 2026, revised from 1.82 KRW to 1,474 KRW (+80,897.3%) since Aug 7, 2026. Share price +44.9% over the past month.

A solid business, screening 44% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (1,106 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

1,558 KRW 397.00 KRW Fair Value 1,474 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 397.00 KRW – 1,558 KRW · fair‑value band 1,106 KRW – 1,843 KRW · the 1,027 KRW price screens below the 1,474 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Sangsangin Investment & Securities Co (001290) currently trades at 1,027 KRW, while our model-based Fair Value estimate is 1,474 KRW, implying the stock looks roughly 43.5% undervalued today. The Quality Score stands at 60/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Sangsangin Investment & Securities Co generated revenue of 170B KRW at a net margin of 1.4%. Revenue grew 44.1% year over year. It earns a return on equity of 1.3%. Net debt stands at 156B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1,106 KRW (bear case) to 1,843 KRW (bull case); at 1,027 KRW, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 42% below its 52-week high and 66% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -22% fair-value upside, at 44%, 001290 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
P/B Multiple 1,172 KRW 1,563 KRW 1,954 KRW 55
NCAV (Graham) 919.39 KRW 1,232 KRW 1,839 KRW 50
All 2 models by family
Multiples
P/B Multiple 1,172 KRW 1,563 KRW 1,954 KRW 55
Asset-Based
NCAV (Graham) 919.39 KRW 1,232 KRW 1,839 KRW 50

Widest divergence: Multiples (1,563 KRW) versus Asset-Based (1,232 KRW). Highest evidence: P/B Multiple (55).

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Key figures & financial health

Revenue (TTM) 170B KRW
Revenue growth (YoY) +44.1%
Net margin 1.4%
Return on equity 1.3%
Free cash flow 376B KRW FY2025
Operating margin 39.4%
More key figures
EPS growth (YoY) +3,875%
Net debt 156B KRW FY2024

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 68 · Market factors (momentum, volatility) 45

Profitability 6
Margins and returns on capital today
Quality Growth 81
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 30
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 59
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Sangsangin Investment & Securities Co.,Ltd., together with its subsidiaries, provides investment products in South Korea and Vietnam. The company was founded in 1954 and is headquartered in Seoul, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sangsangin Investment & Securities Co reported revenue of 53.4B KRW in FY2025 versus 40.5B KRW in FY2021, a compound +7.1%/yr. Reported net income was −5.9B KRW in FY2025.

Growth Quality 73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
53.4B KRW
Latest YoY
+67.8%
Avg. growth/yr (3Y) 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.
+13.1%
Avg. growth/yr (5Y) 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.
+13.9%
Avg. growth/yr (26Y) 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.
−5.8%
Revenue +7.1%/yr
FY21 40.5B KRW
FY22 36.9B KRW
FY23 54.5B KRW
FY24 31.8B KRW
FY25 53.4B KRW
Net income
FY21 9.0B KRW
FY22 3.7B KRW
FY23 487M KRW
FY24 −47.3B KRW
FY25 −5.9B KRW

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Cite: Fair Value Calculator (2026). "Sangsangin Investment & Securities Co Fair Value". https://www.fairvalue-calculator.com/stock/001290

Peer Group

Capital Markets · 425 stocks

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.

Quality Score 68 · Top 25%
Fair Value upside +44% · Top 25%
Return on equity (TTM) 1% · Below median
Return on assets 0% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 39% · Above median
Revenue growth 44% · Above median
Debt / equity 0.58× · Higher than 75% of peers

Valuation Multiples vs Capital Markets median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 91 · sector 13
FUTURE 100 · sector 96
PAST 5 · sector 31
HEALTH 71 · sector 93
DIVIDEND 0 · sector 36

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Mirae Asset Securities Co 006800 38,050 KRW 18,009 KRW -53%
Meritz Financial Group 138040 118,600 KRW 52,717 KRW -56%
Korea Investment Holdings 071050 200,500 KRW 189,335 KRW -6%
NH Investment & Securities Co 005940 28,550 KRW 22,396 KRW -22%
Samsung Securities Co 016360 93,100 KRW 75,573 KRW -19%
Kiwoom Securities Co 039490 299,000 KRW 214,812 KRW -28%
SSI Securities Corporation SSI 25,300 VND 17,375 VND -31%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 294.30 ARS -6%
Daishin Securities Co 003540 26,950 KRW 48,790 KRW +81%
SK Securities Co 001515 4,285 KRW 1,395 KRW -67%

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Frequently asked questions

Is Sangsangin Investment & Securities Co (001290) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1,474 KRW versus a price of 1,027 KRW, about +44% (undervalued).
What is the fair value of 001290?
Our model-based fair value for Sangsangin Investment & Securities Co is 1,474 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price is 1,027 KRW.
What is the quality score of 001290?
Sangsangin Investment & Securities Co has a Quality Score of 60/100. 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 revenue of Sangsangin Investment & Securities Co (001290)?
Sangsangin Investment & Securities Co reported trailing-twelve-month revenue of about 170B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 001290?
The net profit margin of Sangsangin Investment & Securities Co is about 1.4%, meaning it keeps roughly 1.4% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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