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SC Engineering Co (023960) Fair Value & Analysis

Industrials · KR · Market cap 36.9B KRW

SE SC Engineering Co 023960 · KO
Price1,024 KRW
Fair Value151.49 KRW
Upside-85.2%
Quality30/100
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Evidence: Low Range 136.83 KRW – 174.30 KRW

Fair value as of: Jul 6, 2026

From 3 valuation models · updated today

Fair value updated Jul 6, 2026 — revised from 5,587 KRW to 151.49 KRW (−97.3%) since Jun 24, 2026. Share price +8.8% over the past month.

Price vs Fair Value (12 months)

1,891 KRW 905.00 KRW Fair Value 151.49 KRW Jun 2025 Jul 2026

12‑month range 905.00 KRW – 1,891 KRW · fair‑value band 136.83 KRW – 174.30 KRW · the 1,024 KRW price screens above the 151.49 KRW fair value. As of Jul 6, 2026.

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Analysis

SC Engineering Co (023960) currently trades at 1,024 KRW, while our model-based Fair Value estimate is 151.49 KRW — implying the stock looks roughly 85.2% overvalued today. We read business quality at 30/100 (below-average quality), in the Industrials 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: low).

Over the trailing twelve months, SC Engineering Co generated revenue of 156B KRW at a net margin of -4.1%. Revenue declined 46.6% year over year. It earns a return on equity of -14.3%. Net debt stands at 4.2B KRW. Fundamentals as of Jul 6, 2026

Our scenario range runs from 136.83 KRW (bear case) to 174.30 KRW (bull case); at 1,024 KRW, the current price sits above that range. The share trades about 48% below its 52-week high and 15% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -22% fair-value upside — at -85%, 023960 screens richer than that median.

Key figures & financial health

Revenue (TTM) 156B KRW
Revenue growth (YoY) -46.6%
Net margin -4.1%
Return on equity -14.3%
Free cash flow −8.1B KRW FY2025
Operating margin -9.5%
More key figures
EPS growth (YoY) -95.0%
Net debt 4.2B KRW FY2023

Figures from reported company fundamentals (EODHD) · as of Jul 6, 2026. TTM = trailing twelve months.

About the company

SC Engineering Co., Ltd., together with its subsidiaries, operates as an engineering company in South Korea and internationally. The company engages in the manufacturing, selling, importing, and exporting of biological products and medical devices using cell culture. It is also involved in the engineering, procurement, and construction of material, industry, and energy platforms, as well as industrial facilities; supplying of cosmetic and health food products; and provision of storage services for hematopoietic stem cells and medical equipment. The company was formerly known as Sewoncellontech Co., Ltd. and changed its name to SC Engineering Co., Ltd. in 2006. SC Engineering Co., Ltd. was founded in 1971 and is headquartered in Seoul, South Korea.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SC Engineering Co reported revenue of 172B KRW in FY2025 versus 75.7B KRW in FY2021, a compound +22.8%/yr. Reported net income was −4.8B KRW in FY2025.

Revenue +22.8%/yr
FY21 75.7B KRW
FY22 137B KRW
FY23 136B KRW
FY24 180B KRW
FY25 172B KRW
Net income
FY21 −7.6B KRW
FY22 5.4B KRW
FY23 −2.4B KRW
FY24 3.7B KRW
FY25 −4.8B KRW

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Cite: Fair Value Calculator (2026). "SC Engineering Co Fair Value". https://www.fairvalue-calculator.com/stock/023960

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 6, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LTOD $0.4415 $0.5700 +29%
Samsung C&T Corporation 028260 407,500 KRW 236,704 KRW -42%
China State Construction Engineering Corporation 601668 ¥4.72 ¥16.90 +258%
TopBuild Corp BLD 7,547 MXN 4,541 MXN -40%
Hyundai Engineering & Construction Co 000720 130,300 KRW 55,602 KRW -57%
United Integrated Services Co 2404 1,195 TWD 1,681 TWD +41%
Samsung E&A Co 028050 48,350 KRW 37,697 KRW -22%
Daewoo Engineering & Construction Co 047040 21,800 KRW 16,217 KRW -26%
L&K Engineering Co 6139 791.00 TWD 782.96 TWD -1%
Rail Vikas Nigam Limited RVNL ₹235.61 ₹14.53 -94%

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Frequently asked questions

Is SC Engineering Co (023960) undervalued?
As of Jul 6, 2026, our model estimates a fair value of 151.49 KRW versus a price of 1,024 KRW — about −85% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 023960?
Our model-based fair value for SC Engineering Co is 151.49 KRW (as of Jul 6, 2026), built from audited fundamentals. The current price is 1,024 KRW.
What is the quality score of 023960?
SC Engineering Co has a Quality Score of 30/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of SC Engineering Co (023960)?
SC Engineering Co reported trailing-twelve-month revenue of about 156B KRW (latest available figure, as of Jul 6, 2026).
What is the net profit margin of 023960?
The net profit margin of SC Engineering Co is about -4.1%, meaning it is currently running at a net loss. 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.

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