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SMCore.Inc (007820) Fair Value & Analysis

Industrials · KR · Market cap 58.4B KRW (≈ $40.9M) · ISIN KR7007820004

What is SMCore.Inc really worth?

SI SMCore.Inc 007820 · KQ
Price3,870 KRW
Fair Value1,110 KRW
Upside−71.3%
Quality44/100

Below-average quality, and trading another 249% above our fair value of 1,110 KRW.

As of Aug 27, 2026, the fair value of SMCore.Inc is 1,110 KRW per share against a price of 3,870 KRW, so the fair value sits 71% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Expensive Growth (revenue 5y +7.5 %/yr)
!Thin margins · 3.7% net margin
!Low debt · negative free cash flow
!Mixed vs. peers (3/7)
!Narrow moat 23/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range 732.62 KRW – 1,388 KRW

Fair value as of: Aug 27, 2026

From 1 valuation models · updated 9 days ago

Share price +30.5% over the past month.

What runs behind every stock

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

What matters now

  • The price sits above even our optimistic bull case (1,388 KRW). The favourable scenario is already priced in.
  • Weak quality (44/100) 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.
  • A fairly wide model range (732.62 KRW to 1,388 KRW) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

8,571 KRW 2,555 KRW Fair Value 1,110 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range 2,555 KRW – 8,571 KRW · fair‑value band 732.62 KRW – 1,388 KRW · the 3,870 KRW price screens above the 1,110 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

SMCore.Inc (007820) currently trades at 3,870 KRW, while our model-based Fair Value estimate is 1,110 KRW, implying the stock looks roughly 248.7% overvalued today. The Quality Score stands at 44/100 (below-average quality), in the Industrials sector. How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.

Over the trailing twelve months, SMCore.Inc generated revenue of 99.4B KRW at a net margin of 3.7%. Revenue grew 56.3% year over year. Net debt stands at 20.7B KRW. Fundamentals as of Aug 27, 2026

Our scenario range runs from 732.62 KRW (bear case) to 1,388 KRW (bull case); at 3,870 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 49% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 2% fair-value upside, at −71%, 007820 screens richer 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
NCAV (Graham) best evidence 1,322 KRW 1,771 KRW 2,644 KRW 54
All 1 models by family
Asset-Based
NCAV (Graham) best evidence 1,322 KRW 1,771 KRW 2,644 KRW 54

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Key figures & financial health

P/S ratio 0.59 TTM
Net margin −5.5% FY2025
Return on equity 1,835% TTM
Return on assets (EBIT) −4.8% avg 5y
Operating margin 0.5% TTM
Revenue (TTM) 99.4B KRW TTM
More key figures
Growth
Revenue growth (YoY) +56.3% 3y avg +9.0%
EPS growth (YoY) +615%
Balance sheet & cash flow
Free cash flow −18.4B KRW FY2025
Net debt 20.7B KRW FY2025

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 44 · Market factors (momentum, volatility) 24

Profitability 23
Margins and returns on capital today
Quality Growth 3
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 52
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 20
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 36
Distance to the 52-week high (market factor)
Net Issuance 78
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

SMCore.Inc manufactures and sells smart automation systems in South Korea and internationally. The company offers logistics systems, including process automation and automated storage. It also provides semiconductor equipment, comprising conveyor, stocker, AGV and LGV, and overhead transport.

Full company description

SMCore.Inc manufactures and sells smart automation systems in South Korea and internationally. The company offers logistics systems, including process automation and automated storage. It also provides semiconductor equipment, comprising conveyor, stocker, AGV and LGV, and overhead transport. In addition, the company offers automatic parking system, including shuttle runner and stacker type. Further, it provides welding rack jig, band saw, and powder spray coating and drying equipment, as well as laser cutting M/C for steel cutting and hole works. Additionally, the company offers lathe, hydraulic bending machine cap, power press, planer miller, and 5-sided machine. The company provides radial drilling, CNC gas cutting, H-boring, forming, and horizontal boring machines. The company was formerly known as Shin-Heung Machine Co., Ltd and changed its name to SMCore.Inc in April 2016. SMCore.Inc was founded in 1940 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

SMCore.Inc reported revenue of 149B KRW in FY2025 versus 76.4B KRW in FY2021, a compound +18.2%/yr. Reported net income was −8.2B KRW in FY2025.

Growth Quality 42/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
149B KRW
Latest YoY
−8.7%
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.
+9.0%
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.
+7.5%
Avg. revenue growth/yr (14Y) 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.
+5.9%
EBIT margin (trend) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
1.5% (2020) → −5.3% (2025)
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 +18.2%/yr
FY21 76.4B KRW
FY22 115B KRW
FY23 174B KRW
FY24 163B KRW
FY25 149B KRW
Net income
FY21 −578M KRW
FY22 2.5B KRW
FY23 −18.7B KRW
FY24 11.4B KRW
FY25 −8.2B KRW

007820 screens 249% overvalued. Compare with NIBE Industrier AB →

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Cite: Fair Value Calculator (2026). "SMCore.Inc Fair Value". https://www.fairvalue-calculator.com/stock/007820

Peer Group

Machinery, Tools, Heavy Vehicles, Trains & Ships · 39 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 · Below median
Fair Value upside −71% · Bottom 25%
Return on assets 0% · Below median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 1% · Below median
Revenue growth 56% · Top 25%

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
VALUE0 · sector 25
FUTURE100 · sector 62
PAST0 · sector 100
HEALTH100 · sector 99
DIVIDEND0 · sector 35

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

Similar stocks

10 more Machinery, Tools, Heavy Vehicles, Trains & Ships stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

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BHI Co 083650 56,500 KRW 43,356 KRW −23%
VITZROCELL Co 082920 27,750 KRW 23,575 KRW −15%
Sungho Electronics Corp 043260 16,980 KRW 17,261 KRW +2%
SKF India Limited 500472 ₹1,528 ₹695.28 −54%
506076 506076 ₹2,164 ₹2,741 +27%
Hyulim ROBOT Co 090710 7,720 KRW 1,053 KRW −86%
Blue Star Limited 500067 ₹1,510 ₹3,534 +134%
Tae Kwang Corporation 023160 23,200 KRW 24,471 KRW +5%

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Frequently asked questions

Is SMCore.Inc (007820) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of 1,110 KRW versus a price of 3,870 KRW, about −71% upside (overvalued).
What is the fair value of 007820?
Our model-based fair value for SMCore.Inc is 1,110 KRW (as of Aug 27, 2026), built from audited fundamentals. The current price: 3,870 KRW.
What is the quality score of 007820?
SMCore.Inc 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 SMCore.Inc (007820)?
SMCore.Inc reported trailing-twelve-month revenue of about 99.4B KRW (latest available figure, as of Aug 27, 2026).
What is the net profit margin of 007820?
The net profit margin of SMCore.Inc is about 3.7%, meaning it keeps roughly 3.7% of revenue as net income. Based on the latest reported figures.
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