EN DE

Cloud Air Co (036170) Fair Value & Analysis

Technology · KR · Market cap 169B KRW

CA Cloud Air Co 036170 · KQ
Price2,760 KRW
Fair Value1,315 KRW
Upside-52.4%
Quality58/100
Watch Cloud Air Co for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Highly profitable · 57.0% net margin
Low debt · negative free cash flow
Trails peers (2/8)
Moderate moat 47/100
Evidence: High Range 986.37 KRW – 1,861 KRW Share as image

Fair value as of: Jul 22, 2026

From 15 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 925.20 KRW to 1,315 KRW (+42.1%) since Jul 6, 2026. Share price −12.8% over the past month.

A solid business, but screening 52% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1,861 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (986.37 KRW to 1,861 KRW) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

8,770 KRW 758.00 KRW Fair Value 1,315 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 758.00 KRW – 8,770 KRW · fair‑value band 986.37 KRW – 1,861 KRW · the 2,760 KRW price screens above the 1,315 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.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Cloud Air Co (036170) currently trades at 2,760 KRW, while our model-based Fair Value estimate is 1,315 KRW, implying the stock looks roughly 52.4% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Cloud Air Co generated revenue of 13.6B KRW at a net margin of 57.0%. Revenue declined 15.6% year over year. Net debt stands at 13.9B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 986.37 KRW (bear case) to 1,861 KRW (bull case); at 2,760 KRW, the current price sits above 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 73% below its 52-week high and 245% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -68% fair-value upside, at -52%, 036170 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
ROIC Compounder 1.34 KRW 28.62 KRW 72
Growth-Adj P/E 2,444 KRW 3,492 KRW 4,539 KRW 68
P/E Multiple 2,715 KRW 3,620 KRW 4,525 KRW 63
All 15 models by family
DCF Models
Owner Earnings 1,832 KRW 3,593 KRW 6,728 KRW 31
Earnings-Based
Graham-Dodd 1,231 KRW 6,046 KRW 8,335 KRW 54
Lynch FV 1,626 KRW 2,322 KRW 3,019 KRW 50
PEG = 1.0 1,626 KRW 2,322 KRW 3,019 KRW 46
EPV 1.34 KRW 28.62 KRW 59
Multiples
P/E Multiple 2,715 KRW 3,620 KRW 4,525 KRW 63
P/S Multiple 986.37 KRW 1,315 KRW 1,644 KRW 58
P/B Multiple 2,308 KRW 3,077 KRW 3,847 KRW 55
EV/EBIT 313.35 KRW 490.08 KRW 666.82 KRW 53
EV/EBITDA 276.01 KRW 440.29 KRW 604.58 KRW 54
EV/Revenue 140.55 KRW 293.71 KRW 446.88 KRW 43
Asset-Based
NCAV (Graham) 1,119 KRW 1,500 KRW 2,239 KRW 50
Economic Profit
Residual Income 1,869 KRW 2,008 KRW 2,330 KRW 61
ROIC Compounder 1.34 KRW 28.62 KRW 72
Growth Earnings
Growth-Adj P/E 2,444 KRW 3,492 KRW 4,539 KRW 68

Widest divergence: DCF Models (3,593 KRW) versus Economic Profit (1.34 KRW). Highest evidence: ROIC Compounder (72).

Notify me when 036170 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 13.6B KRW
Revenue growth (YoY) -15.6%
Net margin 57.0%
Return on equity 381%
Free cash flow −2.7B KRW FY2025
Operating margin -10.5%
More key figures
Net debt 13.9B KRW FY2025

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

Quality Score breakdown

Overall quality 58/100

Of which business quality 55 · Market factors (momentum, volatility) 48

Profitability 40
Margins and returns on capital today
Quality Growth 84
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 58
Disciplined investing over empire-building
Low Volatility 11
Calm price path (market factor)
Momentum 67
Price trend over the last 3–12 months (market factor)
52W Momentum 60
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

Cloud Air Co.,Ltd. engages in manufacturing and selling light emitting diode (LED) packages and modules in South Korea. The company offers automotive LED lighting modules. It also develops a technology for extracting the raw material (hematococcus) of astaxanthin. The company was formerly known as Livefinancial Co.,Ltd.

Full company description

Cloud Air Co.,Ltd. engages in manufacturing and selling light emitting diode (LED) packages and modules in South Korea. The company offers automotive LED lighting modules. It also develops a technology for extracting the raw material (hematococcus) of astaxanthin. The company was formerly known as Livefinancial Co.,Ltd. and changed its name to Cloud Air Co.,Ltd. in January 2021. Cloud Air Co.,Ltd. was founded in 1993 and is headquartered in Suwon-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cloud Air Co reported revenue of 31.7B KRW in FY2025 versus 15.9B KRW in FY2021, a compound +18.9%/yr. Reported net income was 10.9B KRW in FY2025, compounding +63.7%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
31.7B KRW
Latest YoY
+109.1%
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.
+33.2%
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.
+18.5%
Avg. growth/yr (10Y) 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.
+4.4%
Revenue +18.9%/yr
FY21 15.9B KRW
FY22 13.4B KRW
FY23 14.5B KRW
FY24 15.2B KRW
FY25 31.7B KRW
Net income +63.7%/yr
FY21 1.5B KRW
FY22 4.2B KRW
FY23 8.2B KRW
FY24 5.5B KRW
FY25 10.9B KRW

036170 screens 52% overvalued. Compare with TES Co →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Cloud Air Co Fair Value". https://www.fairvalue-calculator.com/stock/036170

Peer Group

Semiconductors & Semiconductor Equipment · 46 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 58 · Below median
Fair Value upside −52% · Below median
Return on equity (TTM) 381% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) 57% · Top 25%
Operating margin (TTM) -11% · Bottom 25%
Revenue growth -16% · Bottom 25%
Debt / equity 0.16× · Higher 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 0 · sector 0
FUTURE 0 · sector 94
PAST 100 · sector 100
HEALTH 92 · sector 99
DIVIDEND 0 · sector 20

VALUE 0: the price sits above our fair-value range.

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 Semiconductors & Semiconductor Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
TES Co 095610 194,300 KRW 48,953 KRW -75%
Eugene Technology Co 084370 146,800 KRW 38,128 KRW -74%
TSE Co 131290 282,500 KRW 69,101 KRW -76%
ISC Co 095340 151,200 KRW 46,504 KRW -69%
PSK HOLDINGS Inc 031980 136,200 KRW 69,242 KRW -49%
Jeju Semiconductor Corp 080220 81,900 KRW 23,473 KRW -71%
Tokai Carbon Korea Co 064760 232,000 KRW 112,596 KRW -51%
HANA Micron Inc 067310 35,750 KRW 11,501 KRW -68%
RFHIC Corporation 218410 46,250 KRW 20,781 KRW -55%
S&S Tech Corporation 101490 39,600 KRW 46,799 KRW +18%

Compare Cloud Air Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Cloud Air Co (036170) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 1,315 KRW versus a price of 2,760 KRW, about −52% (overvalued).
What is the fair value of 036170?
Our model-based fair value for Cloud Air Co is 1,315 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 2,760 KRW.
What is the quality score of 036170?
Cloud Air Co has a Quality Score of 58/100. 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 Cloud Air Co (036170)?
Cloud Air Co reported trailing-twelve-month revenue of about 13.6B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 036170?
The net profit margin of Cloud Air Co is about 57.0%, meaning it keeps roughly 57.0% 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.

14 days Pro free · no card

Track Cloud Air Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.