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Mobase Electronics Co (012860) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 216B KRW

Price2,660 KRW
Fair Value5,137 KRW
Upside+93.1%
Quality94/100
Evidence: High Range 3,026 KRW – 7,307 KRW

Fair value as of: Jun 25, 2026

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Analysis

Mobase Electronics Co (012860) currently trades at 2,660 KRW, while our model-based Fair Value estimate is 5,137 KRW — implying the stock looks roughly 93.1% undervalued today. We read business quality at 94/100 (high quality), in the Consumer Cyclical 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.

About the company

Mobase Electronics Co.,Ltd. engages in the manufacture and sale of automotive products in South Korea and internationally. The company offers smart key systems, immobilizer systems, car lock sets, body control units and modules, power seat and steering column modules, low voltage DCDC converters and inverters, wireless chargers, cold/heated cup holders, multi-input devices, power window switches, steering wheel remote control switches, multi-function switches, and instrument panel switches. It also provides electronic control system, convenience control system, power control system, security system, steering wheel, steering column lock, seat frames, medical device structures and cases, electronic tool frames, optical device frames, cosmetic accessory tools, and IT product casings. The company was formerly known as Seoyon Electronics Co., Ltd. and changed its name to Mobase Electronics Co.,Ltd. in October 2019. Mobase Electronics Co.,Ltd. was founded in 1978 and is headquartered in S…

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Frequently asked questions

Is Mobase Electronics Co (012860) undervalued?
As of Jun 25, 2026, our model estimates a fair value of 5,137 KRW versus a price of 2,660 KRW — about +93% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 012860?
Our 21-model fair value for Mobase Electronics Co is 5,137 KRW (as of Jun 25, 2026), built from audited fundamentals. The current price is 2,660 KRW.
What is the quality score of 012860?
Mobase Electronics Co has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.