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VenueG Co (019010) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 171B KRW

VC VenueG Co 019010 · KQ
Price3,745 KRW
Fair Value3,001 KRW
Upside-19.9%
Quality54/100
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Expensive Growth
Loss-making · -38.6% net margin
Low debt · generates free cash flow
1.85% dividend yield
Trails peers (4/11)
Narrow moat 23/100
Evidence: Medium Range 1,784 KRW – 5,280 KRW Share as image

Fair value as of: Jul 22, 2026

From 22 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 3,180 KRW to 3,001 KRW (−5.6%) since Jul 6, 2026. Share price −18.6% over the past month.

A solid business, but screening 20% overvalued on our models.

What matters now

  • The model range is unusually wide (1,784 KRW to 5,280 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

6,720 KRW 1,663 KRW Fair Value 3,001 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 1,663 KRW – 6,720 KRW · fair‑value band 1,784 KRW – 5,280 KRW · the 3,745 KRW price screens above the 3,001 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.

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Analysis

VenueG Co (019010) currently trades at 3,745 KRW, while our model-based Fair Value estimate is 3,001 KRW, implying the stock looks roughly 19.9% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Consumer Cyclical 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: medium).

Over the trailing twelve months, VenueG Co generated revenue of 56.1B KRW at a net margin of -38.6%. Revenue grew 4.3% year over year. Net debt stands at 162B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 1,784 KRW (bear case) to 5,280 KRW (bull case); at 3,745 KRW, the current price sits within 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 49% below its 52-week high and 73% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 41% fair-value upside, at -20%, 019010 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 1,593 KRW 2,721 KRW 4,651 KRW 80
Residual Income 15,346 KRW 20,628 KRW 104,453 KRW 76
Rev-Margin DCF 203.71 KRW 767.30 KRW 1,489 KRW 74
All 22 models by family
DCF Models
FCF DCF 1,455 KRW 2,618 KRW 4,770 KRW 38
Owner Earnings 20,989 KRW 29,821 KRW 46,178 KRW 31
5Y Revenue Exit 203.71 KRW 697.88 KRW 1,410 KRW 39
5Y EBITDA Exit 1,908 KRW 3,648 KRW 5,953 KRW 41
5Y P/E Exit 19,875 KRW 34,755 KRW 52,435 KRW 38
10Y Revenue Exit 645.92 KRW 1,059 KRW 1,473 KRW 36
10Y EBITDA Exit 1,707 KRW 2,883 KRW 4,140 KRW 37
10Y P/E Exit 12,613 KRW 22,119 KRW 31,429 KRW 35
Earnings-Based
Graham-Dodd 15,856 KRW 19,379 KRW 21,802 KRW 54
EPV 185.44 KRW 467.11 KRW 713.57 KRW 59
Multiples
P/E Multiple 38,474 KRW 51,298 KRW 64,123 KRW 63
P/S Multiple 1,080 KRW 1,440 KRW 1,800 KRW 58
P/B Multiple 29,153 KRW 38,870 KRW 48,588 KRW 55
EV/EBIT 3,287 KRW 4,884 KRW 6,481 KRW 53
EV/EBITDA 2,814 KRW 4,254 KRW 5,694 KRW 54
EV/Revenue 367.55 KRW 43
Asset-Based
NCAV (Graham) 4,859 KRW 6,511 KRW 9,718 KRW 50
Growth DCF
Growth DCF 1,593 KRW 2,721 KRW 4,651 KRW 80
Rev-Margin DCF 203.71 KRW 767.30 KRW 1,489 KRW 74
Economic Profit
Residual Income 15,346 KRW 20,628 KRW 104,453 KRW 76
ROIC Compounder 185.44 KRW 467.11 KRW 713.57 KRW 72
Growth Earnings
Growth-Adj P/E 27,121 KRW 38,744 KRW 50,368 KRW 68

Widest divergence: Growth Earnings (38,744 KRW) versus Earnings-Based (467.11 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 56.1B KRW
Revenue growth (YoY) +4.3%
Net margin -38.6%
Return on equity -141%
Free cash flow 12.2B KRW FY2025
Operating margin 16.1%
More key figures
Dividend yield 1.9%
EPS growth (YoY) +4,295%
Net debt 162B KRW FY2025

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

Quality Score breakdown

Overall quality 54/100

Of which business quality 57 · Market factors (momentum, volatility) 52

Profitability 54
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 38
Balance sheet, leverage, solvency risk
Investment 58
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 53
Price trend over the last 3–12 months (market factor)
52W Momentum 65
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

VenueG Co., Ltd. operates department stores in South Korea. It is also involved in the logistics, construction, and leisure businesses. The company was formerly known as Grand Department Store Co., Ltd. VenueG Co., Ltd. was founded in 1979 and is based in Goyang, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

VenueG Co reported revenue of 48.2B KRW in FY2025 versus 50.9B KRW in FY2021, a compound −1.3%/yr. Reported net income was 93.7B KRW in FY2025, compounding +22.5%/yr from FY2021.

Growth Quality 50/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
48.2B KRW
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.
+11.3%
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.
+3.5%
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.
−7.4%
Revenue −1.3%/yr
FY21 50.9B KRW
FY22 58.9B KRW
FY23 65.0B KRW
FY24 70.1B KRW
FY25 48.2B KRW
Net income +22.5%/yr
FY21 41.6B KRW
FY22 −19.9B KRW
FY23 13.8B KRW
FY24 −12.6B KRW
FY25 93.7B KRW

019010 screens 20% overvalued. Compare with MRSGI →

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Cite: Fair Value Calculator (2026). "VenueG Co Fair Value". https://www.fairvalue-calculator.com/stock/019010

Peer Group

Consumer Discretionary · 3551 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Diversified Retail” was too small, so the broader sector is used.)

Quality Score 54 · Below median
Fair Value upside −20% · Below median
Return on assets 1% · Below median
Net margin (TTM) -39% · Bottom 25%
Operating margin (TTM) 16% · Top 25%
Revenue growth 4% · Above median
Dividend yield (TTM) 1.9% · Below median
Debt / equity 0.22× · Higher than median

Valuation Multiples vs Consumer Discretionary median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 4.1× · 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 7 · sector 22
FUTURE 22 · sector 14
PAST 0 · sector 21
HEALTH 89 · sector 96
DIVIDEND 37 · sector 41

Insider activity: 30/100

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.

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Frequently asked questions

Is VenueG Co (019010) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 3,001 KRW versus a price of 3,745 KRW, about −20% (overvalued).
What is the fair value of 019010?
Our model-based fair value for VenueG Co is 3,001 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 3,745 KRW.
What is the quality score of 019010?
VenueG Co has a Quality Score of 54/100. 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 VenueG Co (019010)?
VenueG Co reported trailing-twelve-month revenue of about 56.1B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 019010?
The net profit margin of VenueG Co is about -38.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does VenueG Co pay a dividend?
VenueG Co currently shows a dividend yield of about 1.85% 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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