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JCH Systems, Inc (033320) Fair Value & Analysis

Technology · KR · Market cap 52.1B KRW

JS JCH Systems, Inc 033320 · KQ
Price3,025 KRW
Fair Value7,855 KRW
Upside+159.7%
Quality71/100
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Mixed Growth
Thin margins · 2.5% net margin
Low debt · generates free cash flow
1.81% dividend yield
Ranks above peers (6/10)
Narrow moat 29/100
Evidence: High Range 5,891 KRW – 9,819 KRW Share as image

Fair value as of: Jul 20, 2026

From 24 valuation models · updated 21 days ago

Share price +4.7% over the past month.

A solid business, screening 160% undervalued on our models.

What matters now

  • The rarer combination: high quality (71/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (5,891 KRW). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

8,657 KRW 2,495 KRW Fair Value 7,855 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 2,495 KRW – 8,657 KRW · fair‑value band 5,891 KRW – 9,819 KRW · the 3,025 KRW price screens below the 7,855 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

JCH Systems, Inc (033320) currently trades at 3,025 KRW, while our model-based Fair Value estimate is 7,855 KRW, implying the stock looks roughly 159.7% undervalued today. The Quality Score stands at 71/100 (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: high), always confirm before acting.

Over the trailing twelve months, JCH Systems, Inc generated revenue of 318B KRW at a net margin of 2.5%. Revenue grew 5.2% year over year. It earns a return on equity of 7.1%. Net debt stands at 5.0B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 5,891 KRW (bear case) to 9,819 KRW (bull case); at 3,025 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, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -33% fair-value upside, at 160%, 033320 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 6,706 KRW 9,778 KRW 14,637 KRW 80
Residual Income 5,046 KRW 5,363 KRW 5,907 KRW 76
Rev-Margin DCF 5,713 KRW 8,126 KRW 11,007 KRW 74
All 24 models by family
DCF Models
FCF DCF 6,654 KRW 9,771 KRW 14,710 KRW 38
Owner Earnings 7,576 KRW 11,270 KRW 17,120 KRW 31
5Y Revenue Exit 5,713 KRW 8,121 KRW 11,219 KRW 39
5Y EBITDA Exit 6,170 KRW 9,000 KRW 12,344 KRW 41
5Y P/E Exit 7,465 KRW 11,492 KRW 15,825 KRW 38
10Y Revenue Exit 5,884 KRW 8,197 KRW 11,375 KRW 36
10Y EBITDA Exit 6,295 KRW 8,816 KRW 12,257 KRW 37
10Y P/E Exit 7,130 KRW 10,573 KRW 14,983 KRW 35
Earnings-Based
Graham-Dodd 3,142 KRW 11,114 KRW 14,959 KRW 54
Lynch FV 2,604 KRW 3,720 KRW 4,836 KRW 50
PEG = 1.0 2,604 KRW 3,720 KRW 4,836 KRW 46
EPV 5,150 KRW 5,732 KRW 6,241 KRW 59
Multiples
P/E Multiple 6,931 KRW 9,241 KRW 11,552 KRW 63
P/S Multiple 5,891 KRW 7,855 KRW 9,819 KRW 58
P/B Multiple 5,891 KRW 7,855 KRW 9,819 KRW 55
EV/EBIT 7,158 KRW 8,993 KRW 10,827 KRW 53
EV/EBITDA 6,401 KRW 7,982 KRW 9,564 KRW 54
EV/Revenue 5,365 KRW 6,955 KRW 8,544 KRW 43
Asset-Based
NCAV (Graham) 3,068 KRW 4,111 KRW 6,135 KRW 50
Growth DCF
Growth DCF 6,706 KRW 9,778 KRW 14,637 KRW 80
Rev-Margin DCF 5,713 KRW 8,126 KRW 11,007 KRW 74
Economic Profit
Residual Income 5,046 KRW 5,363 KRW 5,907 KRW 76
ROIC Compounder 5,150 KRW 5,732 KRW 6,394 KRW 72
Growth Earnings
Growth-Adj P/E 4,879 KRW 6,970 KRW 9,061 KRW 68

Widest divergence: DCF Models (9,000 KRW) versus Earnings-Based (3,720 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 318B KRW
Revenue growth (YoY) +5.2%
Net margin 2.5%
Return on equity 7.1%
Free cash flow 8.0B KRW FY2025
Operating margin 4.8%
More key figures
Dividend yield 1.5%
EPS growth (YoY) -26.2%
Net debt 5.0B KRW FY2023

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

Quality Score breakdown

Overall quality 71/100

Of which business quality 70 · Market factors (momentum, volatility) 19

Profitability 46
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 58
Calm price path (market factor)
Momentum 1
Price trend over the last 3–12 months (market factor)
52W Momentum 7
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

JCH Systems, Inc. distributes computer and related products, drones, VR, and security and network equipment in South Korea and internationally. The company engages in the computers, peripheral, and software wholesale, and e-commerce businesses.

Full company description

JCH Systems, Inc. distributes computer and related products, drones, VR, and security and network equipment in South Korea and internationally. The company engages in the computers, peripheral, and software wholesale, and e-commerce businesses. It manufactures and sells electronics and communications devices; and provides information and communication supplementary services. The company was formerly known as JC Hyun Systems, Inc. and changed its name to JCH Systems, Inc. in April 2017. JCH Systems, Inc. was founded in 1991 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

JCH Systems, Inc reported revenue of 314B KRW in FY2025 versus 265B KRW in FY2021, a compound +4.3%/yr. Reported net income was 8.7B KRW in FY2025, compounding −12.8%/yr from FY2021.

Growth Quality 57/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
314B KRW
Latest YoY
+18.9%
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.
+16.1%
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.
+5.5%
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.
+2.4%
Revenue +4.3%/yr
FY21 265B KRW
FY22 201B KRW
FY23 212B KRW
FY24 264B KRW
FY25 314B KRW
Net income −12.8%/yr
FY21 15.1B KRW
FY22 286M KRW
FY23 −2.7B KRW
FY24 1.9B KRW
FY25 8.7B KRW

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Cite: Fair Value Calculator (2026). "JCH Systems, Inc Fair Value". https://www.fairvalue-calculator.com/stock/033320

Peer Group

Electronics & Computer Distribution · 151 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 71 · Top 25%
Fair Value upside +160% · Top 25%
Return on equity (TTM) 7% · Below median
Return on assets 3% · Below median
Net margin (TTM) 2% · Above median
Operating margin (TTM) 5% · Above median
Revenue growth 5% · Below median
Dividend yield (TTM) 1.8% · Below median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Electronics & Computer Distribution 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 14
FUTURE 26 · sector 57
PAST 29 · sector 36
HEALTH 99 · sector 98
DIVIDEND 36 · sector 39

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 Electronics & Computer Distribution stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
TD SYNNEX Corporation SNX $251.52 $207.02 -18%
Unisplendour Corporation 000938 ¥38.59 ¥11.79 -69%
Rexel S.A RXL €38.59 €33.31 -14%
Arrow Electronics, Inc ARW $204.10 $115.40 -43%
Avnet, Inc AVT $87.13 $58.57 -33%
WPG Holdings 3702 106.50 TWD 102.31 TWD -4%
Shenzhen Huaqiang Industry Co 000062 ¥22.37 ¥7.52 -66%
Synnex Technology International Corporation 2347 85.30 TWD 86.30 TWD +1%
Nanjing Sunlord Electronics Corporation 300975 ¥37.37 ¥8.60 -77%
Beijing Tricolor Technology Co 603516 ¥106.52 ¥23.39 -78%

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Frequently asked questions

Is JCH Systems, Inc (033320) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 7,855 KRW versus a price of 3,025 KRW, about +160% (undervalued).
What is the fair value of 033320?
Our model-based fair value for JCH Systems, Inc is 7,855 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 3,025 KRW.
What is the quality score of 033320?
JCH Systems, Inc has a Quality Score of 71/100. 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 JCH Systems, Inc (033320)?
JCH Systems, Inc reported trailing-twelve-month revenue of about 318B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 033320?
The net profit margin of JCH Systems, Inc is about 2.5%, meaning it keeps roughly 2.5% of revenue as net income. Based on the latest reported figures.
Does JCH Systems, Inc pay a dividend?
JCH Systems, Inc currently shows a dividend yield of about 1.54% 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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