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Itcenentec Co (010280) Fair Value & Analysis

Technology · KR · Market cap 59.7B KRW

IC Itcenentec Co 010280 · KQ
Price5,400 KRW
Fair Value3,061 KRW
Upside-43.3%
Quality65/100
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Expensive Growth
Thin margins · 5.5% net margin
Low debt · generates free cash flow
Ranks above peers (6/9)
Moderate moat 54/100
Evidence: High Range 1,639 KRW – 4,185 KRW Share as image

Fair value as of: Aug 13, 2026

From 23 valuation models · updated today

Fair value updated Aug 13, 2026, revised from 31,322 KRW to 3,061 KRW (−90.2%) since Jul 22, 2026. Share price +18.8% over the past month.

A solid business, but screening 43% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (4,185 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (1,639 KRW to 4,185 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

8,456 KRW 2,870 KRW Fair Value 3,061 KRW Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 2,870 KRW – 8,456 KRW · fair‑value band 1,639 KRW – 4,185 KRW · the 5,400 KRW price screens above the 3,061 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Itcenentec Co (010280) currently trades at 5,400 KRW, while our model-based Fair Value estimate is 3,061 KRW, implying the stock looks roughly 43.3% overvalued today. The Quality Score stands at 65/100 (solid 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: high).

Over the trailing twelve months, Itcenentec Co generated revenue of 596B KRW at a net margin of 5.5%. Revenue grew 21.5% year over year. It earns a return on equity of 34.8%. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1,639 KRW (bear case) to 4,185 KRW (bull case); at 5,400 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 33% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 0% fair-value upside, at -43%, 010280 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
Growth DCF 8,916 KRW 11,982 KRW 16,769 KRW 80
ROIC Compounder 20,787 KRW 24,768 KRW 29,390 KRW 72
Growth-Adj P/E 33,067 KRW 47,238 KRW 61,409 KRW 68
All 23 models by family
DCF Models
FCF DCF 8,991 KRW 11,763 KRW 18,097 KRW 38
Owner Earnings 23,581 KRW 41,367 KRW 75,050 KRW 31
5Y Revenue Exit 17,116 KRW 29,660 KRW 47,952 KRW 39
5Y EBITDA Exit 25,308 KRW 47,642 KRW 77,702 KRW 41
5Y P/E Exit 31,303 KRW 60,803 KRW 97,084 KRW 38
10Y Revenue Exit 13,962 KRW 25,180 KRW 44,852 KRW 36
10Y EBITDA Exit 20,078 KRW 38,847 KRW 71,346 KRW 37
10Y P/E Exit 24,160 KRW 48,849 KRW 88,606 KRW 35
Earnings-Based
Graham-Dodd 12,021 KRW 68,137 KRW 94,692 KRW 54
Lynch FV 19,131 KRW 27,330 KRW 35,529 KRW 50
PEG = 1.0 19,131 KRW 27,330 KRW 35,529 KRW 46
EPV 19,590 KRW 21,880 KRW 23,883 KRW 59
Multiples
P/E Multiple 37,123 KRW 49,498 KRW 61,872 KRW 63
P/S Multiple 22,539 KRW 30,052 KRW 37,565 KRW 58
P/B Multiple 22,539 KRW 30,052 KRW 37,565 KRW 55
EV/EBIT 34,699 KRW 44,314 KRW 53,928 KRW 53
EV/EBITDA 33,893 KRW 43,239 KRW 52,585 KRW 54
EV/Revenue 20,437 KRW 26,687 KRW 32,936 KRW 43
Asset-Based
NCAV (Graham) 3,817 KRW 5,115 KRW 7,634 KRW 50
Growth DCF
Growth DCF 8,916 KRW 11,982 KRW 16,769 KRW 80
Economic Profit
Residual Income 11,868 KRW 15,922 KRW 82,624 KRW 61
ROIC Compounder 20,787 KRW 24,768 KRW 29,390 KRW 72
Growth Earnings
Growth-Adj P/E 33,067 KRW 47,238 KRW 61,409 KRW 68

Widest divergence: Growth Earnings (47,238 KRW) versus Asset-Based (5,115 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 596B KRW
Revenue growth (YoY) +21.5%
Net margin 5.5%
Return on equity 34.8%
Free cash flow 2.9B KRW FY2025
Operating margin 5.2%
More key figures
EPS growth (YoY) +844%

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 62 · Market factors (momentum, volatility) 35

Profitability 61
Margins and returns on capital today
Quality Growth 84
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 55
Disciplined investing over empire-building
Low Volatility 46
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 31
Distance to the 52-week high (market factor)
Net Issuance 100
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

Itcenentec Co.,Ltd. engages in the system integration business in South Korea. The company is also involved in the software development; and IT and cloud consulting activities. It serves public, national defense, IT outsourcing, and sports sectors. The company was formerly known as Ssangyong Information & Communications Corp.

Full company description

Itcenentec Co.,Ltd. engages in the system integration business in South Korea. The company is also involved in the software development; and IT and cloud consulting activities. It serves public, national defense, IT outsourcing, and sports sectors. The company was formerly known as Ssangyong Information & Communications Corp. and changed its name to Itcenentec Co.,Ltd. in February 2025. Itcenentec Co.,Ltd. was founded in 1981 and is based in Gwacheon-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Itcenentec Co reported revenue of 572B KRW in FY2025 versus 243B KRW in FY2021, a compound +23.9%/yr. Reported net income was 23.0B KRW in FY2025.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
572B KRW
Latest YoY
+29.5%
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.
+20.7%
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.
+36.7%
Avg. 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.
+6.9%
Revenue +23.9%/yr
FY21 243B KRW
FY22 325B KRW
FY23 392B KRW
FY24 442B KRW
FY25 572B KRW
Net income
FY21 −1.8B KRW
FY22 12.0B KRW
FY23 5.4B KRW
FY24 11.7B KRW
FY25 23.0B KRW

010280 screens 43% overvalued. Compare with International Business Machines Corporation →

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Cite: Fair Value Calculator (2026). "Itcenentec Co Fair Value". https://www.fairvalue-calculator.com/stock/010280

Peer Group

Information Technology Services · 488 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 65 · Top 25%
Fair Value upside −43% · Below median
Return on equity (TTM) 35% · Top 25%
Return on assets 6% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 5% · Below median
Revenue growth 22% · Above median
Debt / equity 0.09× · Higher than median

Valuation Multiples vs Information Technology Services 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 0 · sector 33
FUTURE 100 · sector 31
PAST 100 · sector 35
HEALTH 96 · sector 97
DIVIDEND 0 · sector 36

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.98 $175.76 -26%
Accenture plc ACNN 2,460 MXN 300.07 MXN -88%
Tata Consultancy Services Limited TCS ₹2,350 ₹3,473 +48%
Infosys Limited INFY ₹1,176 ₹1,998 +70%
HCL Technologies Limited HCLTECH ₹1,365 ₹1,722 +26%
Wipro Limited WIPRO ₹183.94 ₹314.26 +71%
Tech Mahindra Limited TECHM ₹1,625 ₹1,521 -6%
Samsung SDS Co 018260 235,500 KRW 235,321 KRW -0%
Persistent Systems Limited PERSISTENT ₹5,474 ₹3,259 -40%
Hyundai Autoever Corporation 307950 433,000 KRW 186,323 KRW -57%

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Frequently asked questions

Is Itcenentec Co (010280) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 3,061 KRW versus a price of 5,400 KRW, about −43% (overvalued).
What is the fair value of 010280?
Our model-based fair value for Itcenentec Co is 3,061 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price is 5,400 KRW.
What is the quality score of 010280?
Itcenentec Co has a Quality Score of 65/100. 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 Itcenentec Co (010280)?
Itcenentec Co reported trailing-twelve-month revenue of about 596B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 010280?
The net profit margin of Itcenentec Co is about 5.5%, meaning it keeps roughly 5.5% 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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