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Kyungin Electronics Co (009140) Fair Value & Analysis

Technology · KR · Market cap 29.3B KRW

KE Kyungin Electronics Co 009140 · KO
Price22,550 KRW
Fair Value44,546 KRW
Upside+97.5%
Quality68/100
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Mixed Growth
Solidly profitable · 14.2% net margin
Low debt · generates free cash flow
2.30% dividend yield
Ranks above peers (9/10)
Narrow moat 42/100
Evidence: High Range 31,370 KRW – 48,148 KRW Share as image

Fair value as of: Jul 24, 2026

From 26 valuation models · updated 17 days ago

Share price −3.0% over the past month.

A solid business, screening 98% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (31,370 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (68/100) 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)

36,299 KRW 18,012 KRW Fair Value 44,546 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range 18,012 KRW – 36,299 KRW · fair‑value band 31,370 KRW – 48,148 KRW · the 22,550 KRW price screens below the 44,546 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.

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Analysis

Kyungin Electronics Co (009140) currently trades at 22,550 KRW, while our model-based Fair Value estimate is 44,546 KRW, implying the stock looks roughly 97.5% undervalued today. The Quality Score stands at 68/100 (solid 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, Kyungin Electronics Co generated revenue of 39.6B KRW at a net margin of 14.2%. Revenue grew 47.0% year over year. It earns a return on equity of 7.1%. Fundamentals as of Jul 24, 2026

Our scenario range runs from 31,370 KRW (bear case) to 48,148 KRW (bull case); at 22,550 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 36% below its 52-week high and 21% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at 98%, 009140 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
Growth DCF 45,090 KRW 61,217 KRW 84,331 KRW 80
Residual Income 46,467 KRW 46,485 KRW 43,577 KRW 76
Rev-Margin DCF 27,628 KRW 33,319 KRW 40,060 KRW 74
All 26 models by family
DCF Models
FCF DCF 44,526 KRW 62,743 KRW 90,545 KRW 38
Owner Earnings 42,466 KRW 59,536 KRW 85,587 KRW 31
5Y Revenue Exit 27,628 KRW 32,828 KRW 38,952 KRW 39
5Y EBITDA Exit 29,936 KRW 37,147 KRW 45,180 KRW 41
5Y P/E Exit 51,131 KRW 76,797 KRW 103,713 KRW 38
10Y Revenue Exit 33,228 KRW 39,413 KRW 46,899 KRW 36
10Y EBITDA Exit 34,916 KRW 42,412 KRW 51,653 KRW 37
10Y P/E Exit 48,428 KRW 69,942 KRW 96,335 KRW 35
Earnings-Based
Graham-Dodd 19,836 KRW 61,723 KRW 82,088 KRW 54
Lynch FV 13,416 KRW 19,165 KRW 24,915 KRW 50
PEG = 1.0 13,416 KRW 19,165 KRW 24,915 KRW 46
EPV 15,539 KRW 16,159 KRW 16,701 KRW 59
Dividend Discount
Gordon GGM 3,190 KRW 6,633 KRW 10,522 KRW 70
DDM Multi-Stage 3,190 KRW 5,275 KRW 6,961 KRW 61
Multiples
P/E Multiple 48,132 KRW 64,176 KRW 80,220 KRW 63
P/S Multiple 24,743 KRW 32,991 KRW 41,239 KRW 58
P/B Multiple 37,193 KRW 49,591 KRW 61,989 KRW 55
EV/EBIT 22,359 KRW 25,871 KRW 29,383 KRW 53
EV/EBITDA 23,413 KRW 27,276 KRW 31,139 KRW 54
EV/Revenue 18,925 KRW 21,969 KRW 25,013 KRW 43
Asset-Based
NCAV (Graham) 30,635 KRW 41,051 KRW 61,271 KRW 50
Growth DCF
Growth DCF 45,090 KRW 61,217 KRW 84,331 KRW 80
Rev-Margin DCF 27,628 KRW 33,319 KRW 40,060 KRW 74
Economic Profit
Residual Income 46,467 KRW 46,485 KRW 43,577 KRW 76
ROIC Compounder 15,539 KRW 16,159 KRW 16,701 KRW 72
Growth Earnings
Growth-Adj P/E 39,603 KRW 56,576 KRW 73,549 KRW 68

Widest divergence: Growth Earnings (56,576 KRW) versus Dividend Discount (5,275 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 39.6B KRW
Revenue growth (YoY) +47.0%
Net margin 14.2%
Return on equity 7.1%
Free cash flow 3.8B KRW FY2025
Operating margin 5.6%
More key figures
Dividend yield 2.3%
EPS growth (YoY) -63.6%

Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 68/100

Of which business quality 67 · Market factors (momentum, volatility) 51

Profitability 32
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 33
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

Kyungin Electronics Co., Ltd manufactures and sells electronic components in South Korea. The company offers micro, tact, radial tapping, and SMD switches. It offers remote controllers, thermostats, potentiometers, and other products. The company exports its products. Kyungin Electronics Co., Ltd was founded in 1973 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

Kyungin Electronics Co reported revenue of 36.1B KRW in FY2025 versus 27.4B KRW in FY2021, a compound +7.1%/yr. Reported net income was 3.8B KRW in FY2025, compounding +0.9%/yr from FY2021.

Growth Quality 82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
36.1B KRW
Latest YoY
+57.2%
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.
+21.6%
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.
+11.6%
Avg. growth/yr (23Y) 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.
−1.8%
Revenue +7.1%/yr
FY21 27.4B KRW
FY22 20.1B KRW
FY23 21.1B KRW
FY24 22.9B KRW
FY25 36.1B KRW
Net income +0.9%/yr
FY21 3.7B KRW
FY22 2.7B KRW
FY23 5.8B KRW
FY24 2.6B KRW
FY25 3.8B KRW

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Cite: Fair Value Calculator (2026). "Kyungin Electronics Co Fair Value". https://www.fairvalue-calculator.com/stock/009140

Peer Group

Electronic Components · 625 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 68 · Top 25%
Fair Value upside +98% · Top 25%
Return on equity (TTM) 7% · Above median
Return on assets 1% · Below median
Net margin (TTM) 14% · Top 25%
Operating margin (TTM) 6% · Above median
Revenue growth 47% · Top 25%
Dividend yield (TTM) 2.3% · Above median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Electronic Components 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 100 · sector 0
FUTURE 100 · sector 32
PAST 29 · sector 24
HEALTH 100 · sector 95
DIVIDEND 46 · sector 25

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

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Frequently asked questions

Is Kyungin Electronics Co (009140) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of 44,546 KRW versus a price of 22,550 KRW, about +98% (undervalued).
What is the fair value of 009140?
Our model-based fair value for Kyungin Electronics Co is 44,546 KRW (as of Jul 24, 2026), built from audited fundamentals. The current price is 22,550 KRW.
What is the quality score of 009140?
Kyungin Electronics Co has a Quality Score of 68/100. 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 Kyungin Electronics Co (009140)?
Kyungin Electronics Co reported trailing-twelve-month revenue of about 39.6B KRW (latest available figure, as of Jul 24, 2026).
What is the net profit margin of 009140?
The net profit margin of Kyungin Electronics Co is about 14.2%, meaning it keeps roughly 14.2% of revenue as net income. Based on the latest reported figures.
Does Kyungin Electronics Co pay a dividend?
Kyungin Electronics Co currently shows a dividend yield of about 1.93% relative to its recent price (as of Jul 24, 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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