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Barunson Entertainment & Arts Corporation (035620) Fair Value & Analysis

Communication Services · KR · Market cap 13.3B KRW (≈ $9.3M) · ISIN KR7035620004

What is Barunson Entertainment & Arts Corporation really worth?

BE Barunson Entertainment & Arts Corporation 035620 · KQ
Price685.00 KRW
Fair Value2,028 KRW
Upside+196.0%
Quality46/100

Below-average quality, trading 66% below our fair value of 2,028 KRW.

As of Aug 13, 2026, the fair value of Barunson Entertainment & Arts Corporation is 2,028 KRW per share against a price of 685.00 KRW, so the fair value sits 196% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Weak Growth (revenue 5y −5.3 %/yr)
!Loss-making · -79.3% net margin
!Low debt · negative free cash flow
!Trails peers (2/8)
!Narrow moat 17/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range 1,513 KRW – 3,026 KRW

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 23 days ago

Fair value updated Aug 13, 2026, revised from 2,120 KRW to 2,028 KRW (−4.4%) since Jul 22, 2026. Share price −18.2% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price is below even our cautious bear case (1,513 KRW). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (1,513 KRW to 3,026 KRW) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

7,680 KRW 650.00 KRW Fair Value 2,028 KRW Mar 2021 Sep 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 650.00 KRW – 7,680 KRW · fair‑value band 1,513 KRW – 3,026 KRW · the 685.00 KRW price screens below the 2,028 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Barunson Entertainment & Arts Corporation (035620) currently trades at 685.00 KRW, while our model-based Fair Value estimate is 2,028 KRW, implying the stock looks roughly 66.2% undervalued today. The Quality Score stands at 46/100 (below-average quality), in the Communication Services sector. How firm this estimate is: it rests on 1 models at a data quality of 94/100, which puts the evidence level at low.

Over the trailing twelve months, Barunson Entertainment & Arts Corporation generated revenue of 9.5B KRW at a net margin of −79.3%. Revenue declined 48.1% year over year. It earns a return on equity of −12.0%. Net debt stands at 32.6B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1,513 KRW (bear case) to 3,026 KRW (bull case); at 685.00 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 71% below its 52-week high, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at −46% fair-value upside, at 196%, 035620 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
NCAV (Graham) best evidence 1,582 KRW 2,120 KRW 3,164 KRW 54
All 1 models by family
Asset-Based
NCAV (Graham) best evidence 1,582 KRW 2,120 KRW 3,164 KRW 54

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Key figures & financial health

P/S ratio 2.01 TTM
Net margin −59.3% FY2025
Return on equity −12.0% TTM
Return on assets (EBIT) −2.6% avg 5y
Operating margin 9.6% TTM
Revenue (TTM) 9.5B KRW TTM
More key figures
Growth
Revenue growth (YoY) −48.1% 3y avg −23.6%
Balance sheet & cash flow
Free cash flow −6.5B KRW FY2025
Net debt 32.6B KRW FY2025

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 42 · Market factors (momentum, volatility) 12

Profitability 1
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 36
Calm price path (market factor)
Momentum 2
Price trend over the last 3–12 months (market factor)
52W Momentum 2
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Barunson Entertainment & Arts Corporation produces and distributes broadcast programs and movies in South Korea and internationally. It also invests in film production related activities. The company was formerly known as Barunson Games Corporation and changed its name to Barunson Entertainment & Arts Corporation in 2014.

Full company description

Barunson Entertainment & Arts Corporation produces and distributes broadcast programs and movies in South Korea and internationally. It also invests in film production related activities. The company was formerly known as Barunson Games Corporation and changed its name to Barunson Entertainment & Arts Corporation in 2014. Barunson Entertainment & Arts Corporation was founded in 1996 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

Barunson Entertainment & Arts Corporation reported revenue of 11.6B KRW in FY2025 versus 10.7B KRW in FY2021, a compound +2.0%/yr. Reported net income was −6.9B KRW in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
11.6B KRW
Latest YoY
+22.3%
Avg. revenue 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.
−23.6%
Avg. revenue 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.
−5.3%
Avg. revenue growth/yr (18Y) 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.
+2.1%
EBIT margin (trend) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−20.4% (2020) → −20.2% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +2.0%/yr
FY21 10.7B KRW
FY22 26.0B KRW
FY23 23.7B KRW
FY24 9.5B KRW
FY25 11.6B KRW
Net income
FY21 8.9B KRW
FY22 −13.3B KRW
FY23 −13.3B KRW
FY24 −5.1B KRW
FY25 −6.9B KRW

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Cite: Fair Value Calculator (2026). "Barunson Entertainment & Arts Corporation Fair Value". https://www.fairvalue-calculator.com/stock/035620

Peer Group

Electronic Gaming & Multimedia · 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 42 · Bottom 25%
Fair Value upside +196% · Top 25%
Return on assets −1% · Below median
Net margin (TTM) −79% · Bottom 25%
Operating margin (TTM) 10% · Above median
Revenue growth −48% · Bottom 25%
Debt / equity 0.21× · Higher than median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 17
FUTURE0 · sector 7
PAST0 · sector 17
HEALTH90 · sector 100
DIVIDEND0 · sector 55

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

Similar stocks

10 more Electronic Gaming & Multimedia stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Konami Group KNM £221.05 £71.97 −67%
NetEase, Inc 9999 HK$188.80 HK$263.39 +40%
Electronic Arts Inc EA $209.70 $76.57 −63%
Take-Two Interactive Software, Inc TTWO $233.00 $60.20 −74%
Roblox Corporation RBLX $41.29 $21.20 −49%
Zhejiang Century Huatong Group 002602 ¥13.90 ¥14.68 +6%
KRAFTON, Inc 259960 234,500 KRW 356,218 KRW +52%
Giant Network Group 002558 ¥28.57 ¥15.50 −46%
International Games System Co 3293 762.00 TWD 568.16 TWD −25%
CD Projekt S.A CDR 234.40 PLN 64.48 PLN −72%

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Frequently asked questions

Is Barunson Entertainment & Arts Corporation (035620) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 2,028 KRW versus a price of 685.00 KRW, about +196% upside (undervalued).
What is the fair value of 035620?
Our model-based fair value for Barunson Entertainment & Arts Corporation is 2,028 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 685.00 KRW.
What is the quality score of 035620?
Barunson Entertainment & Arts Corporation has a Quality Score of 46/100. 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 price target for Barunson Entertainment & Arts Corporation (035620)?
Our model-based price target is the fair value of 2,028 KRW (as of Aug 13, 2026) from 1 valuation models. Cautious scenario 1,513 KRW, optimistic scenario 3,026 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Barunson Entertainment & Arts Corporation stock forecast for 2026?
Our models put fair value at 2,028 KRW, about +196% upside versus a price of 685.00 KRW (undervalued). Cautious scenario 1,513 KRW, optimistic scenario 3,026 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Barunson Entertainment & Arts Corporation (035620)?
Barunson Entertainment & Arts Corporation reported trailing-twelve-month revenue of about 9.5B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 035620?
The net profit margin of Barunson Entertainment & Arts Corporation is about −79.3%, meaning it is currently running at a net loss. Based on the latest reported figures.
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