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BYC Co (001460) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 263B KRW

BC BYC Co 001460 · KO
Price38,250 KRW
Fair Value52,320 KRW
Upside+36.8%
Quality54/100
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Weak Growth
Solidly profitable · 12.6% net margin
Low debt · generates free cash flow
1.25% dividend yield
Mixed vs. peers (6/11)
Narrow moat 43/100
Evidence: High Range 36,624 KRW – 64,114 KRW Share as image

Fair value as of: Jul 23, 2026

From 20 valuation models · updated 17 days ago

Share price +11.4% over the past month.

A solid business, screening 37% undervalued on our models.

What matters now

  • Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from 36,624 KRW (bear) to 64,114 KRW (bull), base 52,320 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 54/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

59,900 KRW 25,753 KRW Fair Value 52,320 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 25,753 KRW – 59,900 KRW · fair‑value band 36,624 KRW – 64,114 KRW · the 38,250 KRW price screens below the 52,320 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

BYC Co (001460) currently trades at 38,250 KRW, while our model-based Fair Value estimate is 52,320 KRW, implying the stock looks roughly 36.8% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Consumer Cyclical 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, BYC Co generated revenue of 164B KRW at a net margin of 12.6%. Revenue grew 2.7% year over year. It earns a return on equity of 3.7%. Net debt stands at 78.4B KRW. Fundamentals as of Jul 23, 2026

Our scenario range runs from 36,624 KRW (bear case) to 64,114 KRW (bull case); at 38,250 KRW, the current price sits within 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 47% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -3% fair-value upside, at 37%, 001460 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 BearBaseBull Evidence
Highest evidence
Residual Income 67,261 KRW 65,971 KRW 58,325 KRW 76
ROIC Compounder 22,566 KRW 27,173 KRW 31,269 KRW 72
Gordon GGM 4,516 KRW 4,966 KRW 5,659 KRW 70
All 20 models by family
DCF Models
5Y Revenue Exit 9,466 KRW 18,786 KRW 32,401 KRW 39
5Y EBITDA Exit 27,902 KRW 50,715 KRW 80,926 KRW 41
5Y P/E Exit 24,717 KRW 45,200 KRW 69,528 KRW 38
10Y Revenue Exit 4,231 KRW 10,906 KRW 18,392 KRW 36
10Y EBITDA Exit 16,285 KRW 31,110 KRW 47,549 KRW 37
10Y P/E Exit 14,308 KRW 27,620 KRW 40,700 KRW 35
Earnings-Based
Graham-Dodd 21,412 KRW 26,170 KRW 29,441 KRW 54
EPV 22,566 KRW 27,173 KRW 31,269 KRW 59
Dividend Discount
Gordon GGM 4,516 KRW 4,966 KRW 5,659 KRW 70
DDM Multi-Stage 4,516 KRW 5,763 KRW 7,568 KRW 61
Multiples
P/E Multiple 51,955 KRW 69,274 KRW 86,592 KRW 63
P/S Multiple 23,613 KRW 31,484 KRW 39,355 KRW 58
P/B Multiple 40,147 KRW 53,530 KRW 66,912 KRW 55
EV/EBIT 54,139 KRW 73,367 KRW 92,596 KRW 53
EV/EBITDA 54,327 KRW 73,618 KRW 92,909 KRW 54
EV/Revenue 18,493 KRW 27,938 KRW 37,383 KRW 43
Asset-Based
NCAV (Graham) 45,221 KRW 60,596 KRW 90,441 KRW 50
Economic Profit
Residual Income 67,261 KRW 65,971 KRW 58,325 KRW 76
ROIC Compounder 22,566 KRW 27,173 KRW 31,269 KRW 72
Growth Earnings
Growth-Adj P/E 36,624 KRW 52,320 KRW 68,017 KRW 68

Widest divergence: Asset-Based (60,596 KRW) versus Dividend Discount (4,966 KRW). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 164B KRW
Revenue growth (YoY) +2.7%
Net margin 12.6%
Return on equity 3.7%
Free cash flow 500M KRW FY2025
Operating margin 15.4%
More key figures
Dividend yield 1.1%
EPS growth (YoY) +36.1%
Net debt 78.4B KRW FY2025

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 53 · Market factors (momentum, volatility) 29

Profitability 27
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 53
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 21
Distance to the 52-week high (market factor)
Net Issuance 89
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

BYC Co., Ltd. produces and sells underwear in South Korea and internationally. The company manufactures and sells goods and products, such as underwear and clothing. It also provides contract construction, construction sales, rental services, and advertising agency services. The company was founded in 1946 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

BYC Co reported revenue of 163B KRW in FY2025 versus 164B KRW in FY2021, a compound −0.2%/yr. Reported net income was 19.6B KRW in FY2025, compounding −10.0%/yr from FY2021.

Growth Quality 30/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
163B KRW
Latest YoY
−1.2%
Avg. growth/yr (3Y)
−1.3%
Avg. growth/yr (5Y)
+0.2%
Avg. growth/yr (25Y)
−0.9%
Revenue −0.2%/yr
FY21 164B KRW
FY22 170B KRW
FY23 168B KRW
FY24 165B KRW
FY25 163B KRW
Net income −10.0%/yr
FY21 29.9B KRW
FY22 35.3B KRW
FY23 23.7B KRW
FY24 18.4B KRW
FY25 19.6B KRW

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Cite: Fair Value Calculator (2026). "BYC Co Fair Value". https://www.fairvalue-calculator.com/stock/001460

Peer Group

Apparel Manufacturing · 212 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 54 · Below median
Fair Value upside +37% · Above median
Return on equity (TTM) 4% · Below median
Return on assets 2% · Below median
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 15% · Top 25%
Revenue growth 3% · Above median
Dividend yield (TTM) 1.3% · Below median
Debt / equity 0.07× · Higher than median

Valuation Multiples vs Apparel Manufacturing median · lower = cheaper

P/FCF 0.4× · Cheaper than median
EV/EBITDA 0.5× · 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 82 · sector 33
FUTURE 14 · sector 4
PAST 15 · sector 21
HEALTH 97 · sector 98
DIVIDEND 25 · sector 49

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 Apparel Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
H & M Hennes & Mauritz AB HMB kr 163.45 kr 165.47 +1%
Ralph Lauren Corporation RL $374.08 $224.21 -40%
Moncler S.p.A MONC €52.08 €50.69 -3%
Gildan Activewear Inc GIL C$73.17 C$32.85 -55%
LPP SA LPP 19,380 PLN 17,754 PLN -8%
Bosideng International Holdings 3998 HK$4.88 HK$5.92 +21%
Youngor Fashion Co 600177 ¥7.57 ¥5.59 -26%
Page Industries Limited PAGEIND ₹39,900 ₹12,395 -69%
Hla Group 600398 ¥6.05 ¥9.92 +64%
Eclat Textile Co 1476 333.50 TWD 357.81 TWD +7%

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Frequently asked questions

Is BYC Co (001460) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 52,320 KRW versus a price of 38,250 KRW, about +37% (undervalued).
What is the fair value of 001460?
Our model-based fair value for BYC Co is 52,320 KRW (as of Jul 23, 2026), built from audited fundamentals. The current price is 38,250 KRW.
What is the quality score of 001460?
BYC Co has a Quality Score of 54/100. 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 BYC Co (001460)?
BYC Co reported trailing-twelve-month revenue of about 164B KRW (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 001460?
The net profit margin of BYC Co is about 12.6%, meaning it keeps roughly 12.6% of revenue as net income. Based on the latest reported figures.
Does BYC Co pay a dividend?
BYC Co currently shows a dividend yield of about 1.08% relative to its recent price (as of Jul 23, 2026).

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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