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BIT Computer Co (032850) Fair Value & Analysis

Healthcare · KR · Market cap 60.0B KRW

BC BIT Computer Co 032850 · KQ
Price4,180 KRW
Fair Value7,355 KRW
Upside+76.0%
Quality72/100
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Weak Growth
Highly profitable · 20.7% net margin
Low debt · generates free cash flow
1.66% dividend yield
Ranks above peers (9/10)
Moderate moat 63/100
Evidence: High Range 5,237 KRW – 10,283 KRW Share as image

Fair value as of: Jul 20, 2026

From 24 valuation models · updated 21 days ago

Share price +1.5% over the past month.

A solid business, screening 76% undervalued on our models.

What matters now

  • The rarer combination: high quality (72/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (5,237 KRW). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (5,237 KRW to 10,283 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

11,466 KRW 3,565 KRW Fair Value 7,355 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 3,565 KRW – 11,466 KRW · fair‑value band 5,237 KRW – 10,283 KRW · the 4,180 KRW price screens below the 7,355 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

BIT Computer Co (032850) currently trades at 4,180 KRW, while our model-based Fair Value estimate is 7,355 KRW, implying the stock looks roughly 76.0% undervalued today. The Quality Score stands at 72/100 (solid quality), in the Healthcare 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.

Over the trailing twelve months, BIT Computer Co generated revenue of 37.0B KRW at a net margin of 20.7%. Revenue grew 11.8% year over year. It earns a return on equity of 10.5%. Net debt stands at 364M KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 5,237 KRW (bear case) to 10,283 KRW (bull case); at 4,180 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 29% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -53% fair-value upside, at 76%, 032850 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 5,172 KRW 6,858 KRW 9,741 KRW 80
Residual Income 4,276 KRW 4,767 KRW 7,929 KRW 76
Rev-Margin DCF 4,238 KRW 5,915 KRW 7,984 KRW 74
All 24 models by family
DCF Models
FCF DCF 4,966 KRW 6,703 KRW 9,919 KRW 38
Owner Earnings 6,162 KRW 8,367 KRW 12,453 KRW 31
5Y Revenue Exit 4,238 KRW 5,811 KRW 8,095 KRW 39
5Y EBITDA Exit 4,954 KRW 7,050 KRW 9,829 KRW 41
5Y P/E Exit 6,484 KRW 9,700 KRW 13,536 KRW 38
10Y Revenue Exit 4,396 KRW 5,596 KRW 6,869 KRW 36
10Y EBITDA Exit 4,924 KRW 6,362 KRW 7,887 KRW 37
10Y P/E Exit 5,853 KRW 8,001 KRW 10,064 KRW 35
Earnings-Based
Graham-Dodd 3,319 KRW 4,057 KRW 4,564 KRW 54
EPV 3,391 KRW 3,866 KRW 4,281 KRW 59
Dividend Discount
Gordon GGM 609.54 KRW 667.17 KRW 754.99 KRW 70
DDM Multi-Stage 609.54 KRW 764.76 KRW 982.33 KRW 61
Multiples
P/E Multiple 8,054 KRW 10,739 KRW 13,423 KRW 63
P/S Multiple 6,224 KRW 8,298 KRW 10,373 KRW 58
P/B Multiple 6,224 KRW 8,298 KRW 10,373 KRW 55
EV/EBIT 5,492 KRW 7,142 KRW 8,791 KRW 53
EV/EBITDA 5,689 KRW 7,404 KRW 9,119 KRW 54
EV/Revenue 4,076 KRW 5,589 KRW 7,103 KRW 43
Asset-Based
NCAV (Graham) 2,439 KRW 3,268 KRW 4,878 KRW 50
Growth DCF
Growth DCF 5,172 KRW 6,858 KRW 9,741 KRW 80
Rev-Margin DCF 4,238 KRW 5,915 KRW 7,984 KRW 74
Economic Profit
Residual Income 4,276 KRW 4,767 KRW 7,929 KRW 76
ROIC Compounder 3,391 KRW 3,866 KRW 4,281 KRW 72
Growth Earnings
Growth-Adj P/E 5,677 KRW 8,111 KRW 10,544 KRW 68

Widest divergence: Growth Earnings (8,111 KRW) versus Dividend Discount (667.17 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 37.0B KRW
Revenue growth (YoY) +11.8%
Net margin 20.7%
Return on equity 10.5%
Free cash flow 6.9B KRW FY2025
Operating margin 18.4%
More key figures
Dividend yield 1.6%
EPS growth (YoY) +22.4%
Net debt 364M KRW FY2019

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 72/100

Of which business quality 70 · Market factors (momentum, volatility) 35

Profitability 48
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 18
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

BIT Computer Co., Ltd provides software solutions. It offers hospital solutions, such as Hospital Cloud EMR, Nursing hospital Cloud EMR, Mid to large hospital EMR, Small and medium hospital EMR, Nursing hospital EMR, Insurance review claim support, Optimization of pharmaceutical prescriptions, Smart nursing support solution, Hospital ERP, and Hospital CRM.

Full company description

BIT Computer Co., Ltd provides software solutions. It offers hospital solutions, such as Hospital Cloud EMR, Nursing hospital Cloud EMR, Mid to large hospital EMR, Small and medium hospital EMR, Nursing hospital EMR, Insurance review claim support, Optimization of pharmaceutical prescriptions, Smart nursing support solution, Hospital ERP, and Hospital CRM. The company also provides member solutions, including Member Cloud platform, Member-specific EMR, Paperless Clinic Building solution, Medical Image Management solution, Patient waiting system, Insurance claim pre-inspection service, Patient Marketing System, Online consignment inspection service, Personal information integrated security solution, and Mobile waiting notification service. In addition, it offers Pharmacy management solution and Pharmaceutical Portal; and digital health solutions comprising Non-face-to-face medical service, Telemedicine system, Booth-type remote medical system, Smart Medical Map, Smart Healthcare, Worker health management, and Medical Device Gateway. BIT Computer Co., Ltd was founded in 1983 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

BIT Computer Co reported revenue of 36.0B KRW in FY2025 versus 36.4B KRW in FY2021, a compound −0.3%/yr. Reported net income was 7.4B KRW in FY2025, compounding +11.1%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
36.0B KRW
Latest YoY
−2.9%
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.
+0.8%
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.
−0.7%
Avg. growth/yr (14Y) 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.
+1.1%
Revenue −0.3%/yr
FY21 36.4B KRW
FY22 35.1B KRW
FY23 33.5B KRW
FY24 37.1B KRW
FY25 36.0B KRW
Net income +11.1%/yr
FY21 4.8B KRW
FY22 4.9B KRW
FY23 5.5B KRW
FY24 7.8B KRW
FY25 7.4B KRW

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Cite: Fair Value Calculator (2026). "BIT Computer Co Fair Value". https://www.fairvalue-calculator.com/stock/032850

Peer Group

Health Information Services · 126 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 72 · Top 25%
Fair Value upside +76% · Top 25%
Return on equity (TTM) 11% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 21% · Top 25%
Operating margin (TTM) 18% · Top 25%
Revenue growth 12% · Above median
Dividend yield (TTM) 1.7% · Below median

Valuation Multiples vs Health Information Services median · lower = cheaper

P/FCF 0.0× · 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 100 · sector 0
FUTURE 59 · sector 33
PAST 42 · sector 8
HEALTH 100 · sector 98
DIVIDEND 33 · sector 35

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 Health Information Services stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Veeva Systems Inc VEEV $190.12 $95.12 -50%
Pro Medicus Limited PME A$194.84 A$23.74 -88%
BrightSpring Health Services, Inc BTSG $68.16 $21.31 -69%
HealthEquity, Inc HQY $97.67 $56.63 -42%
Hinge Health, Inc HNGE $88.80 $24.03 -73%
10x Genomics, Inc TXG $45.75 $17.18 -62%
Waystar Holding WAY $22.69 $12.86 -43%
Doximity, Inc DOCS $22.21 $17.18 -23%
Privia Health Group PRVA $28.10 $5.30 -81%
Inventurus Knowledge Solutions Limited IKS ₹1,846 ₹860.28 -53%

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Frequently asked questions

Is BIT Computer Co (032850) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 7,355 KRW versus a price of 4,180 KRW, about +76% (undervalued).
What is the fair value of 032850?
Our model-based fair value for BIT Computer Co is 7,355 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 4,180 KRW.
What is the quality score of 032850?
BIT Computer Co has a Quality Score of 72/100. 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 BIT Computer Co (032850)?
BIT Computer Co reported trailing-twelve-month revenue of about 37.0B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 032850?
The net profit margin of BIT Computer Co is about 20.7%, meaning it keeps roughly 20.7% of revenue as net income. Based on the latest reported figures.
Does BIT Computer Co pay a dividend?
BIT Computer Co currently shows a dividend yield of about 1.57% relative to its recent price (as of Jul 20, 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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