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CITECH Co (004920) Fair Value & Analysis

Technology · KR · Market cap 49.0B KRW

CC CITECH Co 004920 · KO
Price925.00 KRW
Fair Value1,986 KRW
Upside+114.7%
Quality48/100
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Weak Growth
Highly profitable · 61.4% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/9)
Moderate moat 59/100
Evidence: High Range 1,489 KRW – 2,482 KRW Share as image

Fair value as of: Jul 22, 2026

From 15 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 2,070 KRW to 1,986 KRW (−4.1%) since Jun 25, 2026. Share price −2.1% over the past month.

Below-average quality, screening 115% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (1,489 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (48/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

3,230 KRW 781.00 KRW Fair Value 1,986 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 781.00 KRW – 3,230 KRW · fair‑value band 1,489 KRW – 2,482 KRW · the 925.00 KRW price screens below the 1,986 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.

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Analysis

CITECH Co (004920) currently trades at 925.00 KRW, while our model-based Fair Value estimate is 1,986 KRW, implying the stock looks roughly 114.7% undervalued today. The Quality Score stands at 48/100 (below-average quality), in the Technology 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, CITECH Co generated revenue of 34.6B KRW at a net margin of 61.4%. Revenue declined 50.8% year over year. It earns a return on equity of 30.4%. Net debt stands at 11.8B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 1,489 KRW (bear case) to 2,482 KRW (bull case); at 925.00 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 46% below its 52-week high and 1% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at 115%, 004920 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
ROIC Compounder 154.35 KRW 209.15 KRW 257.10 KRW 72
Growth-Adj P/E 3,614 KRW 5,163 KRW 6,712 KRW 68
P/E Multiple 4,202 KRW 5,603 KRW 7,004 KRW 63
All 15 models by family
DCF Models
Owner Earnings 2,491 KRW 4,647 KRW 8,395 KRW 31
Earnings-Based
Graham-Dodd 1,905 KRW 8,821 KRW 12,115 KRW 54
Lynch FV 2,324 KRW 3,320 KRW 4,316 KRW 50
PEG = 1.0 2,324 KRW 3,320 KRW 4,316 KRW 46
EPV 154.35 KRW 209.15 KRW 257.10 KRW 59
Multiples
P/E Multiple 4,202 KRW 5,603 KRW 7,004 KRW 63
P/S Multiple 1,489 KRW 1,986 KRW 2,482 KRW 58
P/B Multiple 3,158 KRW 4,210 KRW 5,263 KRW 55
EV/EBIT 343.42 KRW 516.05 KRW 688.68 KRW 53
EV/EBITDA 515.52 KRW 745.52 KRW 975.52 KRW 54
EV/Revenue 174.62 KRW 324.24 KRW 473.85 KRW 43
Asset-Based
NCAV (Graham) 701.74 KRW 940.34 KRW 1,403 KRW 50
Economic Profit
Residual Income 1,841 KRW 2,440 KRW 9,855 KRW 61
ROIC Compounder 154.35 KRW 209.15 KRW 257.10 KRW 72
Growth Earnings
Growth-Adj P/E 3,614 KRW 5,163 KRW 6,712 KRW 68

Widest divergence: Growth Earnings (5,163 KRW) versus Economic Profit (209.15 KRW). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 34.6B KRW
Revenue growth (YoY) -50.8%
Net margin 61.4%
Return on equity 30.4%
Free cash flow −2.4B KRW FY2025
Operating margin -23.5%
More key figures
EPS growth (YoY) +2,111%
Net debt 11.8B KRW FY2025

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

Quality Score breakdown

Overall quality 48/100

Of which business quality 45 · Market factors (momentum, volatility) 22

Profitability 56
Margins and returns on capital today
Quality Growth 74
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 43
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 54
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

CITECH Co., Ltd. manufactures and sells identification and ticket issuing machines in South Korea. It also manufactures digital advertising and information KIOSK, hi-fi audio, and telecommunication media products.

Full company description

CITECH Co., Ltd. manufactures and sells identification and ticket issuing machines in South Korea. It also manufactures digital advertising and information KIOSK, hi-fi audio, and telecommunication media products. In addition, the company develops and sells broadcasting, digital content, and access control system; and equipment rental business, as well as operates restaurant; and sells grocery. Further, it develops software and sells hardware related tools and program, as well as operates online education and learning platform. Additionally, the company is involved in franchise business. The company was formerly known as Sam Yung Holdings Co., Ltd. and changed its name to CITECH Co., Ltd. in April 2015. CITECH Co., Ltd. was founded in 1967 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

CITECH Co reported revenue of 41.4B KRW in FY2025 versus 47.2B KRW in FY2021, a compound −3.2%/yr. Reported net income was 14.6B KRW in FY2025.

Growth Quality 30/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
41.4B KRW
Latest YoY
+22.8%
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.
−9.9%
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.
−4.6%
Avg. growth/yr (12Y) 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.
+15.4%
Revenue −3.2%/yr
FY21 47.2B KRW
FY22 56.7B KRW
FY23 56.7B KRW
FY24 33.8B KRW
FY25 41.4B KRW
Net income
FY21 −6.3B KRW
FY22 −1.2B KRW
FY23 −8.1B KRW
FY24 −94.0M KRW
FY25 14.6B KRW

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Cite: Fair Value Calculator (2026). "CITECH Co Fair Value". https://www.fairvalue-calculator.com/stock/004920

Peer Group

Information Technology Services · 476 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 48 · Below median
Fair Value upside +115% · Top 25%
Return on equity (TTM) 30% · Top 25%
Return on assets 0% · Bottom 25%
Net margin (TTM) 61% · Top 25%
Operating margin (TTM) -24% · Bottom 25%
Revenue growth -51% · Bottom 25%
Debt / equity 0.23× · Higher than median

Valuation Multiples vs Information Technology Services median · lower = cheaper

EV/EBITDA 4.2× · 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 100 · sector 21
FUTURE 0 · sector 30
PAST 100 · sector 36
HEALTH 89 · sector 97
DIVIDEND 0 · sector 37

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is CITECH Co (004920) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 1,986 KRW versus a price of 925.00 KRW, about +115% (undervalued).
What is the fair value of 004920?
Our model-based fair value for CITECH Co is 1,986 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 925.00 KRW.
What is the quality score of 004920?
CITECH Co has a Quality Score of 48/100. 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 CITECH Co (004920)?
CITECH Co reported trailing-twelve-month revenue of about 34.6B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 004920?
The net profit margin of CITECH Co is about 61.4%, meaning it keeps roughly 61.4% 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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