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PS Tec. Co (002230) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 82.7B KRW

PT PS Tec. Co 002230 · KQ
Price5,190 KRW
Fair Value5,932 KRW
Upside+14.3%
Quality58/100
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Healthy Growth
Solidly profitable · 17.1% net margin
Low debt · generates free cash flow
5.43% dividend yield
Ranks above peers (7/10)
Narrow moat 40/100
Evidence: High Range 4,449 KRW – 7,415 KRW Share as image

Fair value as of: Jul 22, 2026

From 26 valuation models · updated 16 days ago

Fair value updated Jul 22, 2026, revised from 9,170 KRW to 5,932 KRW (−35.3%) since Jun 25, 2026. Share price +11.7% over the past month.

A solid business, screening 14% undervalued on our models.

What matters now

  • Our model range runs from 4,449 KRW (bear) to 7,415 KRW (bull), base 5,932 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 58/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

15,950 KRW 2,462 KRW Fair Value 5,932 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 2,462 KRW – 15,950 KRW · fair‑value band 4,449 KRW – 7,415 KRW · the 5,190 KRW price screens below the 5,932 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

PS Tec. Co (002230) currently trades at 5,190 KRW, while our model-based Fair Value estimate is 5,932 KRW, implying the stock looks roughly 14.3% undervalued today. We read business quality at 58/100 (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, PS Tec. Co generated revenue of 89.0B KRW at a net margin of 17.1%. Revenue declined 31.7% year over year. It earns a return on equity of 11.4%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 4,449 KRW (bear case) to 7,415 KRW (bull case); at 5,190 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 69% below its 52-week high and 46% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at 14%, 002230 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
Growth DCF 14,385 KRW 22,499 KRW 35,527 KRW 80
Residual Income 6,499 KRW 6,812 KRW 7,177 KRW 76
Rev-Margin DCF 7,744 KRW 10,262 KRW 13,374 KRW 74
All 26 models by family
DCF Models
FCF DCF 14,302 KRW 22,673 KRW 36,211 KRW 38
Owner Earnings 8,523 KRW 13,062 KRW 20,403 KRW 31
5Y Revenue Exit 7,744 KRW 10,112 KRW 12,983 KRW 39
5Y EBITDA Exit 8,379 KRW 11,354 KRW 14,758 KRW 41
5Y P/E Exit 10,774 KRW 16,031 KRW 21,681 KRW 38
10Y Revenue Exit 9,841 KRW 12,681 KRW 16,342 KRW 36
10Y EBITDA Exit 10,344 KRW 13,563 KRW 17,753 KRW 37
10Y P/E Exit 11,898 KRW 16,888 KRW 23,255 KRW 35
Earnings-Based
Graham-Dodd 3,668 KRW 13,861 KRW 18,758 KRW 54
Lynch FV 3,357 KRW 4,795 KRW 6,234 KRW 50
PEG = 1.0 3,357 KRW 4,795 KRW 6,234 KRW 46
EPV 4,351 KRW 4,796 KRW 5,186 KRW 59
Dividend Discount
Gordon GGM 2,195 KRW 4,564 KRW 7,240 KRW 70
DDM Multi-Stage 2,195 KRW 3,849 KRW 4,790 KRW 61
Multiples
P/E Multiple 8,091 KRW 10,788 KRW 13,485 KRW 63
P/S Multiple 6,877 KRW 9,170 KRW 11,462 KRW 58
P/B Multiple 6,877 KRW 9,170 KRW 11,462 KRW 55
EV/EBIT 5,888 KRW 7,291 KRW 8,695 KRW 53
EV/EBITDA 5,777 KRW 7,144 KRW 8,511 KRW 54
EV/Revenue 4,516 KRW 5,732 KRW 6,948 KRW 43
Asset-Based
NCAV (Graham) 4,030 KRW 5,401 KRW 8,061 KRW 50
Growth DCF
Growth DCF 14,385 KRW 22,499 KRW 35,527 KRW 80
Rev-Margin DCF 7,744 KRW 10,262 KRW 13,374 KRW 74
Economic Profit
Residual Income 6,499 KRW 6,812 KRW 7,177 KRW 76
ROIC Compounder 4,351 KRW 4,796 KRW 5,186 KRW 72
Growth Earnings
Growth-Adj P/E 5,975 KRW 8,535 KRW 11,096 KRW 68

Widest divergence: DCF Models (13,062 KRW) versus Dividend Discount (3,849 KRW). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 89.0B KRW
Revenue growth (YoY) -31.7%
Net margin 17.1%
Return on equity 11.4%
Free cash flow 17.8B KRW FY2025
Operating margin 2.4%
More key figures
Dividend yield 5.4%
EPS growth (YoY) +632%

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 72 · Market factors (momentum, volatility) 30

Profitability 35
Margins and returns on capital today
Quality Growth 76
Are margins and returns improving?
Cashflow 86
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 39
Distance to the 52-week high (market factor)
Net Issuance 65
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

PS Tec. Co., Ltd. manufactures and sells electricity meters and automobile parts in South Korea. It offers watt-hour meters; utility meters, including water, heat, and hot water maters; gas meters; mold management systems, such as digital mold management solution; digital shot counters and gateways; and EV chargers.

Full company description

PS Tec. Co., Ltd. manufactures and sells electricity meters and automobile parts in South Korea. It offers watt-hour meters; utility meters, including water, heat, and hot water maters; gas meters; mold management systems, such as digital mold management solution; digital shot counters and gateways; and EV chargers. The company was formerly known as Poong Sung Electric Co., Ltd. and changed its name to PS Tec. Co., Ltd. in August 2000. PS Tec. Co., Ltd. was founded in 1948 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

PS Tec. Co reported revenue of 97.2B KRW in FY2025 versus 57.6B KRW in FY2021, a compound +13.9%/yr. Reported net income was 9.1B KRW in FY2025, compounding +9.4%/yr from FY2021.

Growth Quality 93/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
97.2B KRW
Latest YoY
+20.6%
Avg. growth/yr (3Y)
+11.0%
Avg. growth/yr (5Y)
+12.8%
Avg. growth/yr (24Y)
+9.4%
Revenue +13.9%/yr
FY21 57.6B KRW
FY22 71.0B KRW
FY23 69.6B KRW
FY24 80.6B KRW
FY25 97.2B KRW
Net income +9.4%/yr
FY21 6.4B KRW
FY22 −4.6B KRW
FY23 3.9B KRW
FY24 5.6B KRW
FY25 9.1B KRW

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Cite: Fair Value Calculator (2026). "PS Tec. Co Fair Value". https://www.fairvalue-calculator.com/stock/002230

Peer Group

Auto Parts · 641 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 58 · Top 25%
Fair Value upside +14% · Above median
Return on equity (TTM) 11% · Above median
Return on assets 1% · Below median
Net margin (TTM) 17% · Top 25%
Operating margin (TTM) 2% · Bottom 25%
Revenue growth -32% · Bottom 25%
Dividend yield (TTM) 5.4% · Top 25%
Debt / equity 0.09× · Lower than median

Valuation Multiples vs Auto Parts 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 52 · sector 17
FUTURE 0 · sector 24
PAST 46 · sector 27
HEALTH 96 · sector 95
DIVIDEND 100 · sector 30

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 Auto Parts stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 482,000 KRW 678,420 KRW +41%
Magna International Inc MGAN 1,122 MXN 1,172 MXN +4%
Samvardhana Motherson International Limited MOTHERSON ₹144.17 ₹80.63 -44%
Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
Sona BLW Precision Forgings Limited SONACOMS ₹660.10 ₹207.06 -69%

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Frequently asked questions

Is PS Tec. Co (002230) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 5,932 KRW versus a price of 5,190 KRW, about +14% (undervalued).
What is the fair value of 002230?
Our model-based fair value for PS Tec. Co is 5,932 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 5,190 KRW.
What is the quality score of 002230?
PS Tec. Co has a Quality Score of 58/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of PS Tec. Co (002230)?
PS Tec. Co reported trailing-twelve-month revenue of about 89.0B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002230?
The net profit margin of PS Tec. Co is about 17.1%, meaning it keeps roughly 17.1% of revenue as net income. Based on the latest reported figures.
Does PS Tec. Co pay a dividend?
PS Tec. Co currently shows a dividend yield of about 4.46% relative to its recent price (as of Jul 22, 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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