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Softcen Co (032680) Fair Value & Analysis

Technology · KR · Market cap 21.0B KRW

SC Softcen Co 032680 · KQ
Price930.00 KRW
Fair Value2,675 KRW
Upside+187.7%
Quality57/100
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Weak Growth
Thin margins · 8.4% net margin
Low debt · generates free cash flow
Ranks above peers (7/8)
Narrow moat 40/100
Evidence: Medium Range 2,330 KRW – 3,103 KRW Share as image

Fair value as of: Aug 13, 2026

From 15 valuation models · updated today

Fair value updated Aug 13, 2026, revised from 2,706 KRW to 2,675 KRW (−1.1%) since Jul 22, 2026. Share price +3.1% over the past month.

A solid business, screening 188% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (2,330 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (57/100) 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)

6,930 KRW 740.00 KRW Fair Value 2,675 KRW Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 740.00 KRW – 6,930 KRW · fair‑value band 2,330 KRW – 3,103 KRW · the 930.00 KRW price screens below the 2,675 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Softcen Co (032680) currently trades at 930.00 KRW, while our model-based Fair Value estimate is 2,675 KRW, implying the stock looks roughly 187.7% undervalued today. The Quality Score stands at 57/100 (solid quality), in the Technology 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: medium), always confirm before acting.

Over the trailing twelve months, Softcen Co generated revenue of 77.3B KRW at a net margin of 8.4%. Revenue declined 25.6% year over year. Fundamentals as of Aug 13, 2026

Our scenario range runs from 2,330 KRW (bear case) to 3,103 KRW (bull case); at 930.00 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 51% below its 52-week high and 28% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 8% fair-value upside, at 188%, 032680 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 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 2,420 KRW 2,729 KRW 3,155 KRW 80
Rev-Margin DCF 2,390 KRW 2,780 KRW 3,204 KRW 74
ROIC Compounder 2,069 KRW 2,135 KRW 2,193 KRW 72
All 15 models by family
DCF Models
FCF DCF 2,400 KRW 2,736 KRW 3,220 KRW 38
5Y Revenue Exit 2,390 KRW 2,774 KRW 3,250 KRW 39
5Y EBITDA Exit 2,816 KRW 3,539 KRW 4,357 KRW 41
10Y Revenue Exit 2,365 KRW 2,710 KRW 3,143 KRW 36
10Y EBITDA Exit 2,654 KRW 3,230 KRW 3,957 KRW 37
Earnings-Based
EPV 2,069 KRW 2,135 KRW 2,193 KRW 59
Dividend Discount
Gordon GGM 304.64 KRW 564.91 KRW 918.14 KRW 70
DDM Multi-Stage 304.64 KRW 459.81 KRW 628.58 KRW 61
Multiples
EV/EBIT 3,166 KRW 3,663 KRW 4,161 KRW 53
EV/EBITDA 3,242 KRW 3,765 KRW 4,287 KRW 54
EV/Revenue 2,429 KRW 2,752 KRW 3,075 KRW 43
Asset-Based
NCAV (Graham) 774.26 KRW 1,038 KRW 1,549 KRW 50
Growth DCF
Growth DCF 2,420 KRW 2,729 KRW 3,155 KRW 80
Rev-Margin DCF 2,390 KRW 2,780 KRW 3,204 KRW 74
Economic Profit
ROIC Compounder 2,069 KRW 2,135 KRW 2,193 KRW 72

Widest divergence: Multiples (3,663 KRW) versus Dividend Discount (459.81 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 77.3B KRW
Revenue growth (YoY) -25.6%
Net margin 8.4%
Return on equity -591%
Free cash flow 2.2B KRW FY2025
Operating margin 13.4%

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 53 · Market factors (momentum, volatility) 7

Profitability 12
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 4
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 11
Distance to the 52-week high (market factor)
Net Issuance 100
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

Softcen Co., Ltd. offers big data solutions and services. The company collects, analyzes, manages, and distributes medical, pharmaceutical, and bio information using cloud and big data infrastructure and IT capabilities.

Full company description

Softcen Co., Ltd. offers big data solutions and services. The company collects, analyzes, manages, and distributes medical, pharmaceutical, and bio information using cloud and big data infrastructure and IT capabilities. It also provides IT solutions in analytics, commerce, IoT, hybrid cloud, social, system, and security areas; and IT infrastructure, such as pre-consulting, infrastructure construction, and integrated maintenance services. The company formerly known as BTC Korea Co., Ltd. and changed its name to Softcen Co., Ltd. in April 2014. Softcen Co., Ltd. was founded in 1988 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Softcen Co reported revenue of 54.8B KRW in FY2025 versus 92.5B KRW in FY2021, a compound −12.3%/yr. Reported net income was −2.2B KRW in FY2025.

Growth Quality 32/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
54.8B KRW
Latest YoY
−8.5%
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.
−9.3%
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.
−7.0%
Avg. growth/yr (24Y) 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.
+0.3%
Revenue −12.3%/yr
FY21 92.5B KRW
FY22 73.4B KRW
FY23 61.1B KRW
FY24 59.9B KRW
FY25 54.8B KRW
Net income
FY21 15.0B KRW
FY22 10.7B KRW
FY23 −11.5B KRW
FY24 −3.5B KRW
FY25 −2.2B KRW

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Cite: Fair Value Calculator (2026). "Softcen Co Fair Value". https://www.fairvalue-calculator.com/stock/032680

Peer Group

Software & IT Services · 34 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 57 · Above median
Fair Value upside +188% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 8% · Above median
Operating margin (TTM) 13% · Top 25%
Revenue growth -26% · Bottom 25%

Valuation Multiples vs Software & IT Services median · lower = cheaper

P/FCF 0.0× · Cheaper than median

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 100 · sector 56
FUTURE 0 · sector 2
PAST 0 · sector 100
HEALTH 100 · sector 99
DIVIDEND 0 · sector 25

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 Software & IT Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
KINX, Inc 093320 151,600 KRW 74,800 KRW -51%
Wemade Co 112040 17,830 KRW 9,700 KRW -46%
Gabia Inc 079940 43,200 KRW 33,925 KRW -21%
Hancom Inc 030520 18,680 KRW 44,234 KRW +137%
Webzen Inc 069080 11,830 KRW 12,748 KRW +8%
NEOWIZ 095660 19,260 KRW 46,407 KRW +141%
Wemade Max Co 101730 4,560 KRW 1,014 KRW -78%
GalaxiaMoneytree Co 094480 5,250 KRW 3,778 KRW -28%
DAEA TI Co 045390 2,635 KRW 4,940 KRW +87%
UBcare. Co 032620 3,060 KRW 4,805 KRW +57%

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Frequently asked questions

Is Softcen Co (032680) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 2,675 KRW versus a price of 930.00 KRW, about +188% (undervalued).
What is the fair value of 032680?
Our model-based fair value for Softcen Co is 2,675 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price is 930.00 KRW.
What is the quality score of 032680?
Softcen Co has a Quality Score of 57/100. 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 Softcen Co (032680)?
Softcen Co reported trailing-twelve-month revenue of about 77.3B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 032680?
The net profit margin of Softcen Co is about 8.4%, meaning it keeps roughly 8.4% of revenue as net income. 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.

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