CAS Corporation (016920) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of CAS Corporation KRW 1,338, price KRW 1,064, upside +25.8%, quality 52 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 782.00 KRW – 7,628 KRW · fair‑value band 892.26 KRW – 2,271 KRW · the 1,064 KRW price screens below the 1,338 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 Sep 24, 2026.
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CAS Corporation manufactures and supplies electronic scales in South Korea. The company offers label printing scales, price computing scales, counter scales, basic scales, vacuum/container packing machines, sorters, hand wrappers, sealers, and printer supplies for retail clients.
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CAS Corporation manufactures and supplies electronic scales in South Korea. The company offers label printing scales, price computing scales, counter scales, basic scales, vacuum/container packing machines, sorters, hand wrappers, sealers, and printer supplies for retail clients. It also provides industrial scales, check weighers/metal detectors, liquid filling machines, auto packaging machines, indicators, weighing components, load cells, printers, and strain gages for industrial clients. In addition, the company offers micro weighing, electronic balance, weighing equipment, and thermal imaging cameras for laboratories; and PC software solutions for retail and industrial clients. Its products are also used in product inspection and logistics applications. The company also exports its products to approximately 100 countries worldwide. CAS Corporation was founded in 1983 and is headquartered in Yangju-si, South Korea.
Stock analysis
CAS Corporation (016920) currently trades at 1,064 KRW, while our model-based Fair Value estimate is 1,338 KRW, implying the stock looks roughly 20.5% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 2,738 KRW per share, and 14 of the 14 models we run sit above the 1,064 KRW price.
Bear case: the Earnings-Based group reads lowest at 1,156 KRW, and 0 of the 14 models stay below the price. Evidence for this calculation is low.
Scenario range: 892.26 KRW (bear) to 2,271 KRW (bull), the price of 1,064 KRW sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 52/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
CAS Corporation reported revenue of 161B KRW in FY2025 versus 161B KRW in FY2021, a compound +0.1%/yr. Reported net income was −1.7B KRW in FY2025.
Key figures
Market cap 26.1B KRW (≈ $19.2M) · P/S ratio 0.15 · Dividend yield 1.0% · Net margin −1.0% · Return on equity 145% · Return on assets (EBIT) 2.2% · Operating margin 1.5% · Revenue (TTM) 169B KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 37 out of 100 (low confidence).
What moves the price
The share trades about 9% below its 52-week high and 36% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −4% fair-value upside, at 26%, 016920 screens cheaper than that median.
Fair Value models
Bear 892.26 KRWFair Value 1,338 KRWBull 2,271 KRW
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+3.2%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−1.5%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.9%
Start year 2020 (pandemic). Over 10 years: +2.3% a year
Revenue growth 18 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.5%
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Profit 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.
−0.4% (2020) → 1.3% (2025)
What shareholders gained per year ⓘ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
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+15.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +12.8% a year for the price.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "CAS Corporation Fair Value". https://www.fairvalue-calculator.com/stock/016920
Frequently asked questions
Is CAS Corporation (016920) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 1,338 KRW versus a price of 1,064 KRW, about +26% upside (undervalued).
What is the fair value of 016920?
Our model-based fair value for CAS Corporation is 1,338 KRW (as of Sep 24, 2026), built from audited fundamentals. The current price: 1,064 KRW.
What is the quality score of 016920?
CAS Corporation has a Quality Score of 52/100. 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 price target for CAS Corporation (016920)?
Our model-based price target is the fair value of 1,338 KRW (as of Sep 24, 2026) from 14 valuation models. Cautious scenario 892.26 KRW, optimistic scenario 2,271 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the CAS Corporation stock forecast for 2026?
Our models put fair value at 1,338 KRW, about +26% upside versus a price of 1,064 KRW (undervalued). Cautious scenario 892.26 KRW, optimistic scenario 2,271 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of CAS Corporation (016920)?
CAS Corporation reported trailing-twelve-month revenue of about 169B KRW (latest available figure, as of Sep 24, 2026).
Does CAS Corporation pay a dividend?
CAS Corporation currently shows a dividend yield of about 1.00% relative to its recent price (as of Sep 24, 2026).
What growth is priced into CAS Corporation (016920)?
For today's price to be fair in a discounted-cash-flow model, CAS Corporation would have to grow free cash flow by +15.2 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.9 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 016920 use?
Our models discount CAS Corporation at 11.8 %: a base by market capitalisation (nano), damped by beta 1.67, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For CAS Corporation that is +15.2 % per year a year over ten years, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has CAS Corporation (016920) delivered so far?
Over the past 5 years revenue at CAS Corporation grew +2.9 % a year. The price currently implies +15.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of CAS Corporation (016920) growing?
The median revenue growth in the sector is +4.6 % a year. That is the yardstick for the growth priced into CAS Corporation (+15.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of CAS Corporation (016920)?
The free-cash-flow yield on the price is 14.42 %: that much free cash flow CAS Corporation produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of CAS Corporation (016920)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For CAS Corporation it is 1,338 KRW per share (as of Sep 24, 2026), against a price of 1,064 KRW. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is CAS Corporation stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 016920 trades below its calculated fair value: price 1,064 KRW, fair value 1,338 KRW, a gap of about +26% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 016920?
No. The price is what the market pays today (1,064 KRW); the fair value is what the company's own numbers justify (1,338 KRW). For CAS Corporation the two are 274.16 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is CAS Corporation worth?
The market values CAS Corporation at about 26.1B KRW (market capitalisation, as of Sep 24, 2026). Per share that is 1,064 KRW; our models calculate a fair value of 1,338 KRW per share.
What do the bullish and bearish scenarios say about 016920?
Our models span a range for CAS Corporation: cautious scenario 892.26 KRW, base 1,338 KRW, optimistic 2,271 KRW per share (as of Sep 24, 2026, price 1,064 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of CAS Corporation (016920)?
Balance-sheet figures for CAS Corporation (as of Sep 24, 2026): return on equity 144.9%. They feed the Quality Score of 52/100, which measures business quality independently of the share price.
How far is 016920 from its 52-week high?
CAS Corporation trades at 1,064 KRW, about 9% below its 52-week high of 1,168 KRW and 36% above the low of 782.00 KRW (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 1,338 KRW is for.
Which stocks are comparable to CAS Corporation?
From the same area (Industrials) we also value BHI Co, VITZROCELL Co, Sungho Electronics Corp, Tae Kwang Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is CAS Corporation stock attractive at the current price?
The data as of Sep 24, 2026: price 1,064 KRW, calculated fair value 1,338 KRW (+26%), Quality Score 52/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 016920 calculated?
We run CAS Corporation through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 1,338 KRW, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0 % above its aggregate fair value. CAS Corporation currently trades 26 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of CAS Corporation (016920)?
The closing price on Sep 23, 2026 was 1,064 KRW. Our model-based fair value is 1,338 KRW, about +26% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with CAS Corporation right now?
Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (892.26 KRW to 2,271 KRW) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of CAS Corporation
How large is the market capitalisation of CAS Corporation (016920)?
The market capitalisation of CAS Corporation is 26.1B KRW (≈ $19.2M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of CAS Corporation (016920)?
The price-to-sales ratio of CAS Corporation is 0.15 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of CAS Corporation (016920)?
The dividend yield of CAS Corporation is 1.0%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of CAS Corporation (016920)?
The net margin of CAS Corporation is −1.0% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of CAS Corporation (016920)?
The return on equity (ROE) of CAS Corporation is 145% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of CAS Corporation (016920)?
On an EBIT basis the return on assets of CAS Corporation is 2.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of CAS Corporation (016920)?
The operating margin of CAS Corporation is 1.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at CAS Corporation (016920)?
Revenue at CAS Corporation is growing +8.2% versus a year earlier (3y avg −1.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at CAS Corporation (016920)?
Earnings per share at CAS Corporation are growing −69.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does CAS Corporation (016920) carry?
The net debt of CAS Corporation is 51.4B KRW (fiscal year 2025, ≈ 13.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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