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Vivien Corp (002070) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 11.2B KRW (≈ $7.9M) · ISIN KR7002070001

What is Vivien Corp really worth?

VC Vivien Corp 002070 · KO
Price5,180 KRW
Fair Value6,062 KRW
Upside+17.0%
Quality44/100

Below-average quality, trading 15% below our fair value of 6,062 KRW.

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Strengths

Moderate debt · generates free cash flow

Risks

!Mixed Growth (revenue 5y +3.9 %/yr)
!Loss-making · -8.4% net margin
!Trails peers (3/10)
!Narrow moat 1/100
!Evidence only low, so the estimate is less certain
!The models disagree: range 1,422 KRW to 16,536 KRW
Evidence: Low Range 1,422 KRW – 16,536 KRW

Fair value as of: Sep 3, 2026

From 9 valuation models · updated 2 days ago

Share price −14.1% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The model range is unusually wide (1,422 KRW to 16,536 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (5 years)

69,225 KRW 2,990 KRW Fair Value 6,062 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 3, 2026.

How to read this chart

60‑month range 2,990 KRW – 69,225 KRW · fair‑value band 1,422 KRW – 16,536 KRW · the 5,180 KRW price screens below the 6,062 KRW fair value. Dashed = 300-day average. As of Sep 3, 2026.

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Analysis

Vivien Corp (002070) currently trades at 5,180 KRW, while our model-based Fair Value estimate is 6,062 KRW, implying the stock looks roughly 14.6% undervalued today. The Quality Score stands at 44/100 (below-average quality), in the Consumer Cyclical sector. Bull case: the Asset-Based group reads highest at a median of 36,851 KRW per share, and 9 of the 9 models we run sit above the 5,180 KRW price. Bear case: the Dividend Discount group reads lowest at 7,041 KRW, and 0 of the 9 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Vivien Corp generated revenue of 215B KRW at a net margin of −8.4%. Revenue declined 13.2% year over year. It earns a return on equity of −7.6%. Net debt stands at 77.3B KRW. Fundamentals as of Sep 3, 2026

Our scenario range runs from 1,422 KRW (bear case) to 16,536 KRW (bull case); at 5,180 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 63% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −17% fair-value upside, at 17%, 002070 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF 5,579 KRW 20,843 KRW 49,580 KRW 71
Growth DCF 7,233 KRW 22,099 KRW 47,935 KRW 71
Gordon GGM 5,559 KRW 7,041 KRW 8,571 KRW 69
All 9 models by family
DCF Models
FCF DCF 5,579 KRW 20,843 KRW 49,580 KRW 71
5Y Revenue Exit 1,113 KRW 17,676 KRW 41,625 KRW 63
10Y Revenue Exit 1,421 KRW 16,178 KRW 33,027 KRW 60
Dividend Discount
Gordon GGM 5,559 KRW 7,041 KRW 8,571 KRW 69
DDM Multi-Stage 5,559 KRW 7,515 KRW 9,902 KRW 67
Multiples
EV/Revenue 1,267 KRW 17,651 KRW 34,036 KRW 47
Asset-Based
NCAV (Graham) 27,501 KRW 36,851 KRW 55,002 KRW 54
Growth DCF
Growth DCF 7,233 KRW 22,099 KRW 47,935 KRW 71
Rev-Margin DCF 1,113 KRW 18,434 KRW 39,969 KRW 64

Widest divergence: Asset-Based (36,851 KRW) versus Dividend Discount (7,041 KRW). Highest evidence: FCF DCF (71).

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Key figures & financial health

P/S ratio 0.05 TTM
Dividend yield 8.4%
Net margin −6.9% FY2025
Return on equity −7.6% TTM
Return on assets (EBIT) 12.2% avg 5y
Operating margin −4.6% TTM
More key figures
Growth
Revenue (TTM) 215B KRW TTM
Revenue growth (YoY) −13.2% 3y avg +1.4%
EPS growth (YoY) +96.9%
Balance sheet & cash flow
Free cash flow 6.3B KRW FY2025
Net debt 77.3B KRW FY2025 · ≈ 12.3 yrs of FCF

Figures from reported company fundamentals · as of Sep 3, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 45 · Market factors (momentum, volatility) 28

Profitability 37
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 20
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 43
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 50
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Vivien Corporation, together with its subsidiaries, manufactures women's underwear in South Korea. The company offers its products under the VIVIEN, BBM, Maternity, GENTOFF, SUVIVIEN, DELOR, Rosebud, and PANDORA brands. It sells its products through direct stores, department store, discount store, specialty store, and online shopping.

Full company description

Vivien Corporation, together with its subsidiaries, manufactures women's underwear in South Korea. The company offers its products under the VIVIEN, BBM, Maternity, GENTOFF, SUVIVIEN, DELOR, Rosebud, and PANDORA brands. It sells its products through direct stores, department store, discount store, specialty store, and online shopping. The company was formerly known as Namyeung Vivien Corporation and changed its name to Vivien Corporation in August 2020. The company was founded in 1957 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

Vivien Corp reported revenue of 222B KRW in FY2025 versus 188B KRW in FY2021, a compound +4.3%/yr. Reported net income was −15.3B KRW in FY2025.

Growth Quality 38/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
222B KRW
Latest YoY
+0.3%
Avg. revenue 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.
+1.4%
Avg. revenue 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.
+3.9%
Avg. revenue growth/yr (24Y) 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.
−0.2%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +4.3%/yr
FY21 188B KRW
FY22 213B KRW
FY23 217B KRW
FY24 222B KRW
FY25 222B KRW
Net income
FY21 −3.2B KRW
FY22 −8.0B KRW
FY23 −7.8B KRW
FY24 −1.0B KRW
FY25 −15.3B KRW

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Cite: Fair Value Calculator (2026). "Vivien Corp Fair Value". https://www.fairvalue-calculator.com/stock/002070

Peer Group

Apparel Manufacturing · 214 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 44 · Bottom 25%
Fair Value upside +17% · Above median
Return on assets −2% · Bottom 25%
Net margin (TTM) −8% · Bottom 25%
Operating margin (TTM) −5% · Bottom 25%
Revenue growth −13% · Bottom 25%
Dividend yield (TTM) 8.4% · Top 25%
Debt / equity 0.74× · Higher than 75% of peers

Valuation Multiples vs Apparel Manufacturing median · lower = cheaper

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

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE56 · sector 24
FUTURE0 · sector 4
PAST0 · sector 20
HEALTH63 · sector 98
DIVIDEND100 · sector 54

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

Similar stocks

10 more Apparel Manufacturing stocks, each showing price versus our Fair Value estimate (as of Sep 3, 2026).

Stock Price Fair Value vs Fair Value
H & M Hennes & Mauritz AB HMB kr 175.50 kr 165.47 −6%
Ralph Lauren Corporation RL $396.35 $220.38 −44%
Moncler S.p.A MONC €46.15 €50.69 +10%
Gildan Activewear Inc GIL C$75.50 C$45.60 −40%
LPP SA LPP 21,340 PLN 17,754 PLN −17%
Levi Strauss & Co LEVI $21.05 $15.20 −28%
V.F. Corporation VFC $13.67 $10.44 −24%
Bosideng International Holdings 3998 HK$4.42 HK$5.92 +34%
Youngor Fashion Co 600177 ¥7.91 ¥5.59 −29%
Kontoor Brands, Inc KTB $82.01 $85.76 +5%

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Frequently asked questions

Is Vivien Corp (002070) overvalued or undervalued?
As of Sep 3, 2026, our model estimates a fair value of 6,062 KRW versus a price of 5,180 KRW, about +17% upside (undervalued).
What is the fair value of 002070?
Our model-based fair value for Vivien Corp is 6,062 KRW (as of Sep 3, 2026), built from audited fundamentals. The current price: 5,180 KRW.
What is the quality score of 002070?
Vivien Corp has a Quality Score of 44/100. 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 Vivien Corp (002070)?
Vivien Corp reported trailing-twelve-month revenue of about 215B KRW (latest available figure, as of Sep 3, 2026).
What is the net profit margin of 002070?
The net profit margin of Vivien Corp is about −8.4%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Vivien Corp pay a dividend?
Vivien Corp currently shows a dividend yield of about 8.43% relative to its recent price (as of Sep 3, 2026).
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