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ABCO Electronics Co (036010) Fair Value & Analysis

Technology · KR · Market cap 81.6B KRW

AE ABCO Electronics Co 036010 · KQ
Price6,360 KRW
Fair Value14,051 KRW
Upside+120.9%
Quality73/100
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Weak Growth
Thin margins · 8.2% net margin
Low debt · generates free cash flow
0.52% dividend yield
Ranks above peers (8/10)
Narrow moat 41/100
Evidence: High Range 10,744 KRW – 16,866 KRW Share as image

Fair value as of: Jul 22, 2026

From 26 valuation models · updated 19 days ago

Share price −7.7% over the past month.

A solid business, screening 121% undervalued on our models.

What matters now

  • The rarer combination: high quality (73/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (10,744 KRW). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

18,279 KRW 3,953 KRW Fair Value 14,051 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 3,953 KRW – 18,279 KRW · fair‑value band 10,744 KRW – 16,866 KRW · the 6,360 KRW price screens below the 14,051 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

ABCO Electronics Co (036010) currently trades at 6,360 KRW, while our model-based Fair Value estimate is 14,051 KRW, implying the stock looks roughly 120.9% undervalued today. The Quality Score stands at 73/100 (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, ABCO Electronics Co generated revenue of 138B KRW at a net margin of 8.2%. Revenue grew 12.2% year over year. It earns a return on equity of 9.9%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 10,744 KRW (bear case) to 16,866 KRW (bull case); at 6,360 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 55% below its 52-week high and 24% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at 121%, 036010 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 10,913 KRW 15,171 KRW 21,408 KRW 80
Residual Income 7,311 KRW 7,849 KRW 9,357 KRW 76
Rev-Margin DCF 9,138 KRW 12,815 KRW 17,180 KRW 74
All 26 models by family
DCF Models
FCF DCF 10,819 KRW 15,727 KRW 23,447 KRW 38
Owner Earnings 14,725 KRW 22,019 KRW 33,496 KRW 31
5Y Revenue Exit 9,138 KRW 12,795 KRW 17,474 KRW 39
5Y EBITDA Exit 12,074 KRW 18,413 KRW 25,933 KRW 41
5Y P/E Exit 11,881 KRW 18,044 KRW 24,641 KRW 38
10Y Revenue Exit 9,484 KRW 13,011 KRW 17,808 KRW 36
10Y EBITDA Exit 11,551 KRW 16,960 KRW 24,402 KRW 37
10Y P/E Exit 11,427 KRW 16,700 KRW 23,396 KRW 35
Earnings-Based
Graham-Dodd 4,871 KRW 16,851 KRW 22,635 KRW 54
Lynch FV 3,901 KRW 5,573 KRW 7,244 KRW 50
PEG = 1.0 3,901 KRW 5,573 KRW 7,244 KRW 46
EPV 7,317 KRW 8,071 KRW 8,731 KRW 59
Dividend Discount
Gordon GGM 459.09 KRW 954.55 KRW 1,514 KRW 70
DDM Multi-Stage 459.09 KRW 797.70 KRW 1,002 KRW 61
Multiples
P/E Multiple 10,744 KRW 14,326 KRW 17,907 KRW 63
P/S Multiple 9,133 KRW 12,177 KRW 15,221 KRW 58
P/B Multiple 9,133 KRW 12,177 KRW 15,221 KRW 55
EV/EBIT 11,237 KRW 14,051 KRW 16,866 KRW 53
EV/EBITDA 13,865 KRW 17,555 KRW 21,246 KRW 54
EV/Revenue 8,485 KRW 10,924 KRW 13,364 KRW 43
Asset-Based
NCAV (Graham) 4,391 KRW 5,884 KRW 8,782 KRW 50
Growth DCF
Growth DCF 10,913 KRW 15,171 KRW 21,408 KRW 80
Rev-Margin DCF 9,138 KRW 12,815 KRW 17,180 KRW 74
Economic Profit
Residual Income 7,311 KRW 7,849 KRW 9,357 KRW 76
ROIC Compounder 7,317 KRW 8,071 KRW 8,731 KRW 72
Growth Earnings
Growth-Adj P/E 9,282 KRW 13,260 KRW 17,238 KRW 68

Widest divergence: DCF Models (16,700 KRW) versus Dividend Discount (797.70 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 138B KRW
Revenue growth (YoY) +12.2%
Net margin 8.2%
Return on equity 9.9%
Free cash flow 9.1B KRW FY2025
Operating margin 5.5%
More key figures
Dividend yield 0.3%
EPS growth (YoY) +184%

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 73/100

Of which business quality 71 · Market factors (momentum, volatility) 22

Profitability 42
Margins and returns on capital today
Quality Growth 79
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 96
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 15
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 31
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

ABCO Electronics Co., Ltd. manufactures and sells passive electronic components in South Korea and internationally. The company's products comprise electronic circuit components, such as resistors, coils, and capacitors; power inductors that are mainly applied to a power supply and is used to convert a specific voltage into a required voltage; signal …

Full company description

ABCO Electronics Co., Ltd. manufactures and sells passive electronic components in South Korea and internationally. The company's products comprise electronic circuit components, such as resistors, coils, and capacitors; power inductors that are mainly applied to a power supply and is used to convert a specific voltage into a required voltage; signal inductors, which are used in frequency-related circuits, such as RF communication; LPL, a power inductor with a structure; and metal alloy inductors. It also offers metal alloy current sensing, thin film chip, low resistance chip, thick film chip, anti-sulfureted chip, thick film array chip, and fully lead-free chip resistors; and chip bead and common mode filters. The company was formerly known as ABCO Co., Ltd. and changed its name to ABCO Electronics Co., Ltd. in December 2001. ABCO Electronics Co., Ltd. was founded in 1973 and is headquartered in Seongnam-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ABCO Electronics Co reported revenue of 134B KRW in FY2025 versus 148B KRW in FY2021, a compound −2.4%/yr. Reported net income was 9.5B KRW in FY2025, compounding +26.6%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
134B KRW
Latest YoY
+10.7%
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.
−6.7%
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.
+1.5%
Avg. growth/yr (21Y) 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.
+6.0%
Revenue −2.4%/yr
FY21 148B KRW
FY22 165B KRW
FY23 125B KRW
FY24 121B KRW
FY25 134B KRW
Net income +26.6%/yr
FY21 3.7B KRW
FY22 9.4B KRW
FY23 −2.4B KRW
FY24 −5.8B KRW
FY25 9.5B KRW

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Cite: Fair Value Calculator (2026). "ABCO Electronics Co Fair Value". https://www.fairvalue-calculator.com/stock/036010

Peer Group

Electronic Components · 625 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 73 · Top 25%
Fair Value upside +121% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 4% · Above median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 6% · Below median
Revenue growth 12% · Above median
Dividend yield (TTM) 0.5% · Below median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Electronic Components 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 61 · sector 32
PAST 39 · sector 24
HEALTH 99 · sector 95
DIVIDEND 10 · 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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

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Frequently asked questions

Is ABCO Electronics Co (036010) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 14,051 KRW versus a price of 6,360 KRW, about +121% (undervalued).
What is the fair value of 036010?
Our model-based fair value for ABCO Electronics Co is 14,051 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 6,360 KRW.
What is the quality score of 036010?
ABCO Electronics Co has a Quality Score of 73/100. 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 ABCO Electronics Co (036010)?
ABCO Electronics Co reported trailing-twelve-month revenue of about 138B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 036010?
The net profit margin of ABCO Electronics Co is about 8.2%, meaning it keeps roughly 8.2% of revenue as net income. Based on the latest reported figures.
Does ABCO Electronics Co pay a dividend?
ABCO Electronics Co currently shows a dividend yield of about 0.28% relative to its recent price (as of Jul 22, 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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