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S-1 Corporation (012750) Fair Value & Analysis

Industrials · KR · Market cap 2.4T KRW

S1 S-1 Corporation 012750 · KO
Price76,600 KRW
Fair Value110,910 KRW
Upside+44.8%
Quality64/100
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Healthy Growth
Thin margins · 5.5% net margin
generates free cash flow
4.51% dividend yield
Ranks above peers (7/9)
Narrow moat 40/100
Evidence: High Range 78,572 KRW – 138,638 KRW Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Share price +6.7% over the past month.

A solid business, screening 45% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (78,572 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (64/100) 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)

94,100 KRW 43,610 KRW Fair Value 110,910 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 43,610 KRW – 94,100 KRW · fair‑value band 78,572 KRW – 138,638 KRW · the 76,600 KRW price screens below the 110,910 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

S-1 Corporation (012750) currently trades at 76,600 KRW, while our model-based Fair Value estimate is 110,910 KRW, implying the stock looks roughly 44.8% undervalued today. The Quality Score stands at 64/100 (solid quality), in the Industrials 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, S-1 Corporation generated revenue of 2.9T KRW at a net margin of 5.5%. Revenue declined 0.1% year over year. It earns a return on equity of 9.6%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 78,572 KRW (bear case) to 138,638 KRW (bull case); at 76,600 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 26% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at 45%, 012750 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 BearBaseBull Evidence
Highest evidence
Residual Income 46,592 KRW 52,509 KRW 91,432 KRW 76
Growth DCF 70,098 KRW 104,144 KRW 155,846 KRW 72
Growth-Adj P/E 69,740 KRW 99,629 KRW 129,517 KRW 68
All 24 models by family
DCF Models
FCF DCF 68,909 KRW 107,356 KRW 169,623 KRW 38
Owner Earnings 63,145 KRW 98,045 KRW 154,566 KRW 31
5Y Revenue Exit 67,589 KRW 106,010 KRW 155,314 KRW 39
5Y EBITDA Exit 97,540 KRW 162,523 KRW 239,150 KRW 41
5Y P/E Exit 76,868 KRW 123,519 KRW 172,826 KRW 38
10Y Revenue Exit 65,473 KRW 101,369 KRW 150,166 KRW 36
10Y EBITDA Exit 87,102 KRW 141,700 KRW 216,169 KRW 37
10Y P/E Exit 73,577 KRW 113,865 KRW 163,953 KRW 35
Earnings-Based
Graham-Dodd 35,914 KRW 116,295 KRW 155,267 KRW 54
Lynch FV 25,916 KRW 37,023 KRW 48,130 KRW 50
PEG = 1.0 25,916 KRW 37,023 KRW 48,130 KRW 46
EPV 61,115 KRW 70,762 KRW 79,338 KRW 59
Multiples
P/E Multiple 83,183 KRW 110,910 KRW 138,638 KRW 63
P/S Multiple 67,338 KRW 89,785 KRW 112,231 KRW 58
P/B Multiple 67,338 KRW 89,785 KRW 112,231 KRW 55
EV/EBIT 94,902 KRW 124,387 KRW 153,873 KRW 53
EV/EBITDA 124,246 KRW 163,513 KRW 202,780 KRW 54
EV/Revenue 69,579 KRW 96,636 KRW 123,694 KRW 43
Asset-Based
NCAV (Graham) 25,973 KRW 34,804 KRW 51,947 KRW 50
Growth DCF
Growth DCF 70,098 KRW 104,144 KRW 155,846 KRW 72
Rev-Margin DCF 67,589 KRW 105,871 KRW 150,305 KRW 67
Economic Profit
Residual Income 46,592 KRW 52,509 KRW 91,432 KRW 76
ROIC Compounder 63,611 KRW 80,871 KRW 103,310 KRW 67
Growth Earnings
Growth-Adj P/E 69,740 KRW 99,629 KRW 129,517 KRW 68

Widest divergence: DCF Models (107,356 KRW) versus Asset-Based (34,804 KRW). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 2.9T KRW
Revenue growth (YoY) -0.1%
Net margin 5.5%
Return on equity 9.6%
Free cash flow 174B KRW FY2025
Operating margin 3.1%
More key figures
Dividend yield 4.2%
EPS growth (YoY) -48.8%

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

Quality Score breakdown

Overall quality 64/100

Of which business quality 65 · Market factors (momentum, volatility) 45

Profitability 54
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 74
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 38
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

S-1 Corporation provides safety and security services in South Korea and internationally. Its physical security solutions include alarm monitoring services, physical security information management software, smart video management systems, access control systems, optical sensing systems, and ultra wide band sensors.

Full company description

S-1 Corporation provides safety and security services in South Korea and internationally. Its physical security solutions include alarm monitoring services, physical security information management software, smart video management systems, access control systems, optical sensing systems, and ultra wide band sensors. The company offers integrated security solutions comprising consulting, engineering, procurement, installation, and maintenance for office buildings, commercial buildings, airports, plants, marine transportation systems, and important national facilities, as well as residential security, intelligent traffic signal control, parking control system, traffic monitoring, automated payment system, and CPTED security consulting. In addition, it provides information security services consisting of managed security, cloud security, and device management services. Further, the company offers building management solutions for property management, facility management, real estate consulting, and implementing building infrastructure under the S-1 Blue Asset brand, as well as other solutions comprising fleet management and personal security phone solutions. Additionally, it provides call center and telemarketing services. S-1 Corporation was founded in 1977 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

S-1 Corporation reported revenue of 2.9T KRW in FY2025 versus 2.3T KRW in FY2021, a compound +5.7%/yr. Reported net income was 179B KRW in FY2025, compounding +8.5%/yr from FY2021.

Growth Quality 65/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
2.9T KRW
Latest YoY
+3.0%
Avg. growth/yr (3Y)
+5.4%
Avg. growth/yr (5Y)
+5.4%
Avg. growth/yr (24Y)
+8.8%
Revenue +5.7%/yr
FY21 2.3T KRW
FY22 2.5T KRW
FY23 2.6T KRW
FY24 2.8T KRW
FY25 2.9T KRW
Net income +8.5%/yr
FY21 129B KRW
FY22 151B KRW
FY23 189B KRW
FY24 177B KRW
FY25 179B KRW

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Cite: Fair Value Calculator (2026). "S-1 Corporation Fair Value". https://www.fairvalue-calculator.com/stock/012750

Peer Group

Security & Protection Services · 113 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 64 · Above median
Fair Value upside +45% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 5% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 3% · Below median
Revenue growth -0% · Below median
Dividend yield (TTM) 4.5% · Top 25%

Valuation Multiples vs Security & Protection 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 93 · sector 17
FUTURE 0 · sector 38
PAST 39 · sector 21
HEALTH 0 · sector 99
DIVIDEND 90 · sector 49

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 Security & Protection Services stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
ASSA ABLOY AB ASSAB kr 348.40 kr 269.97 -23%
Verisure plc VSURE €10.26 €12.40 +21%
Allegion plc ALLE $137.24 $127.80 -7%
Securitas AB SECUB kr 162.10 kr 186.34 +15%
Zhejiang Dahua Technology Co 002236 ¥16.57 ¥23.58 +42%
MSA Safety Incorporated MSA $169.00 $118.51 -30%
ADT Inc ADT $7.06 $17.10 +142%
The Brink's Company BCO $104.24 $101.84 -2%
Brady Corporation BRC $90.16 $73.43 -19%
The GEO Group GEO $29.46 $32.36 +10%

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Frequently asked questions

Is S-1 Corporation (012750) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 110,910 KRW versus a price of 76,600 KRW, about +45% (undervalued).
What is the fair value of 012750?
Our model-based fair value for S-1 Corporation is 110,910 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 76,600 KRW.
What is the quality score of 012750?
S-1 Corporation has a Quality Score of 64/100. 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 S-1 Corporation (012750)?
S-1 Corporation reported trailing-twelve-month revenue of about 2.9T KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 012750?
The net profit margin of S-1 Corporation is about 5.5%, meaning it keeps roughly 5.5% of revenue as net income. Based on the latest reported figures.
Does S-1 Corporation pay a dividend?
S-1 Corporation currently shows a dividend yield of about 4.17% 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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