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Namsung Corp (004270) Fair Value & Analysis

Technology · KR · Market cap 25.4B KRW

NC Namsung Corp 004270 · KO
Price5,260 KRW
Fair Value1,776 KRW
Upside-66.2%
Quality41/100
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Weak Growth
Thin margins · 0.8% net margin
Low debt · negative free cash flow
3.11% dividend yield
Mixed vs. peers (4/10)
Narrow moat 24/100
Evidence: Low Range 1,499 KRW – 2,101 KRW Share as image

Fair value as of: Jul 22, 2026

From 4 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 11,608 KRW to 1,776 KRW (−84.7%) since Jun 25, 2026. Share price −10.6% over the past month.

Below-average quality, and screening another 66% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (2,101 KRW). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

32,430 KRW 4,946 KRW Fair Value 1,776 KRW Feb 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 4,946 KRW – 32,430 KRW · fair‑value band 1,499 KRW – 2,101 KRW · the 5,260 KRW price screens above the 1,776 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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Analysis

Namsung Corp (004270) currently trades at 5,260 KRW, while our model-based Fair Value estimate is 1,776 KRW, implying the stock looks roughly 66.2% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, Namsung Corp generated revenue of 76.1B KRW at a net margin of 0.8%. Revenue declined 7.0% year over year. It earns a return on equity of 0.6%. Net debt stands at 93.7B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 1,499 KRW (bear case) to 2,101 KRW (bull case); at 5,260 KRW, the current price sits above 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 56% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -16% fair-value upside, at -66%, 004270 screens richer 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
Gordon GGM 41,065 KRW 48,214 KRW 56,409 KRW 70
DDM Multi-Stage 41,065 KRW 54,047 KRW 70,571 KRW 61
EV/EBITDA 1,776 KRW 5,515 KRW 54
All 4 models by family
Dividend Discount
Gordon GGM 41,065 KRW 48,214 KRW 56,409 KRW 70
DDM Multi-Stage 41,065 KRW 54,047 KRW 70,571 KRW 61
Multiples
EV/EBITDA 1,776 KRW 5,515 KRW 54
Asset-Based
NCAV (Graham) 374,826 KRW 502,268 KRW 749,653 KRW 50

Widest divergence: Asset-Based (502,268 KRW) versus Multiples (1,776 KRW). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 76.1B KRW
Revenue growth (YoY) -7.0%
Net margin 0.8%
Return on equity 0.6%
Free cash flow −10.9B KRW FY2025
Operating margin 6.2%
More key figures
Dividend yield 3.5%
EPS growth (YoY) +6,900%
Net debt 93.7B KRW FY2025

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

Quality Score breakdown

Overall quality 41/100

Of which business quality 38 · Market factors (momentum, volatility) 24

Profitability 9
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 21
Earnings quality: real cash, not paper profit
Fin. Strength 28
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 8
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

Namsung Corp. manufactures and trades in electronic products under the DUAL brand in South Korea. The company offers mobile audio and video, multi-media speaker, XM satellite receiver radio, and digital AMP wireless headphone products.

Full company description

Namsung Corp. manufactures and trades in electronic products under the DUAL brand in South Korea. The company offers mobile audio and video, multi-media speaker, XM satellite receiver radio, and digital AMP wireless headphone products. It is also involved in the department store and wholesale/retail distribution and rental businesses, as well as real estate business. In addition, the company engages in semiconductor manufacturing and sales business, and hardware and software businesses; manufacturing and sales of copper parts, automobile parts and interiors, solar power generation and related product, and communication devices; internet-related business; e-commerce industry; digital broadcasting security systems and solutions; broadcasting and communications convergence solution and software development and sales business; system integration business and software-related service; and multimedia program development, UV sterilizer, and air sterilizer manufacturing and sales business. Further, it is involved in logistics business; installation and use of sports facilities; building and facility management services and parking lot operation business; architectural design and related services; consulting; consignment management business; and outdoor and exhibition advertising. The company was founded in 1965 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Namsung Corp reported revenue of 77.5B KRW in FY2025 versus 102B KRW in FY2021, a compound −6.7%/yr. Reported net income was −3.7B KRW in FY2025.

Growth Quality 20/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
77.5B KRW
Latest YoY
+4.0%
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.
−7.6%
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.
−3.5%
Avg. growth/yr (25Y) 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.
−0.3%
Revenue −6.7%/yr
FY21 102B KRW
FY22 98.1B KRW
FY23 69.7B KRW
FY24 74.6B KRW
FY25 77.5B KRW
Net income
FY21 7.1B KRW
FY22 3.2B KRW
FY23 −10.1B KRW
FY24 4.4B KRW
FY25 −3.7B KRW

004270 screens 66% overvalued. Compare with Apple Inc →

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Cite: Fair Value Calculator (2026). "Namsung Corp Fair Value". https://www.fairvalue-calculator.com/stock/004270

Peer Group

Consumer Electronics · 129 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 41 · Bottom 25%
Fair Value upside −66% · Bottom 25%
Return on equity (TTM) 1% · Below median
Return on assets -0% · Below median
Net margin (TTM) 1% · Above median
Operating margin (TTM) 6% · Top 25%
Revenue growth -7% · Below median
Dividend yield (TTM) 3.1% · Above median
Debt / equity 0.08× · Higher than median

Valuation Multiples vs Consumer Electronics median · lower = cheaper

EV/EBITDA 8.3× · Cheaper than median

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 0 · sector 8
FUTURE 0 · sector 13
PAST 2 · sector 10
HEALTH 96 · sector 97
DIVIDEND 62 · sector 29

VALUE 0: the price sits above our fair-value range.

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

Stock Price Fair Value vs Fair Value
Apple Inc AAPL $313.33 $122.91 -61%
Samsung Electronics Co 005930 255,000 KRW 138,019 KRW -46%
Sony Group SONYN 366.00 MXN 468.94 MXN +28%
Xiaomi Corporation 1810 HK$26.88 HK$39.84 +48%
LG Electronics Inc 066570 179,000 KRW 101,531 KRW -43%
Sharetronic Data Technology Co 300857 ¥277.96 ¥35.89 -87%
Huaqin Co 603296 ¥78.20 ¥65.69 -16%
Goertek Inc 002241 ¥22.25 ¥18.86 -15%
LG Corp 003550 102,400 KRW 93,881 KRW -8%
Anker Innovations Limited 300866 ¥105.92 ¥78.52 -26%

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Frequently asked questions

Is Namsung Corp (004270) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 1,776 KRW versus a price of 5,260 KRW, about −66% (overvalued).
What is the fair value of 004270?
Our model-based fair value for Namsung Corp is 1,776 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 5,260 KRW.
What is the quality score of 004270?
Namsung Corp has a Quality Score of 41/100. 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 Namsung Corp (004270)?
Namsung Corp reported trailing-twelve-month revenue of about 76.1B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 004270?
The net profit margin of Namsung Corp is about 0.8%, meaning it keeps roughly 0.8% of revenue as net income. Based on the latest reported figures.
Does Namsung Corp pay a dividend?
Namsung Corp currently shows a dividend yield of about 3.52% 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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