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YG Plus, Inc (037270) Fair Value & Analysis

Communication Services · KR · Market cap 207B KRW

YP YG Plus, Inc 037270 · KO
Price3,580 KRW
Fair Value5,985 KRW
Upside+67.2%
Quality71/100
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Healthy Growth
Thin margins · 9.9% net margin
Low debt · generates free cash flow
0.97% dividend yield
Ranks above peers (8/10)
Moderate moat 45/100
Evidence: High Range 4,489 KRW – 12,486 KRW Share as image

Fair value as of: Jul 24, 2026

From 26 valuation models · updated 18 days ago

Share price +4.1% over the past month.

A solid business, screening 67% 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 (4,489 KRW). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (4,489 KRW to 12,486 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

10,309 KRW 2,398 KRW Fair Value 5,985 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range 2,398 KRW – 10,309 KRW · fair‑value band 4,489 KRW – 12,486 KRW · the 3,580 KRW price screens below the 5,985 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.

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Analysis

YG Plus, Inc (037270) currently trades at 3,580 KRW, while our model-based Fair Value estimate is 5,985 KRW, implying the stock looks roughly 67.2% undervalued today. The Quality Score stands at 71/100 (solid quality), in the Communication Services 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, YG Plus, Inc generated revenue of 230B KRW at a net margin of 9.9%. Revenue declined 9.4% year over year. It earns a return on equity of 12.6%. Fundamentals as of Jul 24, 2026

Our scenario range runs from 4,489 KRW (bear case) to 12,486 KRW (bull case); at 3,580 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 68% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -1% fair-value upside, at 67%, 037270 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 6,790 KRW 13,104 KRW 26,227 KRW 80
Residual Income 2,772 KRW 3,425 KRW 9,155 KRW 76
Rev-Margin DCF 4,344 KRW 8,124 KRW 13,927 KRW 74
All 26 models by family
DCF Models
FCF DCF 7,167 KRW 11,612 KRW 25,763 KRW 38
Owner Earnings 6,930 KRW 15,946 KRW 35,719 KRW 31
5Y Revenue Exit 4,344 KRW 7,281 KRW 13,117 KRW 39
5Y EBITDA Exit 4,737 KRW 8,107 KRW 14,404 KRW 41
5Y P/E Exit 6,337 KRW 13,215 KRW 22,265 KRW 38
10Y Revenue Exit 5,001 KRW 9,562 KRW 13,598 KRW 36
10Y EBITDA Exit 5,418 KRW 10,365 KRW 19,428 KRW 37
10Y P/E Exit 6,588 KRW 13,639 KRW 26,198 KRW 35
Earnings-Based
Graham-Dodd 2,394 KRW 16,695 KRW 23,429 KRW 54
Lynch FV 5,466 KRW 7,808 KRW 10,151 KRW 50
PEG = 1.0 5,466 KRW 7,808 KRW 10,151 KRW 46
EPV 3,103 KRW 3,612 KRW 4,065 KRW 59
Dividend Discount
Gordon GGM 65.48 KRW 142.95 KRW 240.52 KRW 70
DDM Multi-Stage 65.48 KRW 117.10 KRW 148.98 KRW 61
Multiples
P/E Multiple 5,809 KRW 7,745 KRW 9,681 KRW 63
P/S Multiple 4,489 KRW 5,985 KRW 7,481 KRW 58
P/B Multiple 4,489 KRW 5,985 KRW 7,481 KRW 55
EV/EBIT 4,065 KRW 5,347 KRW 6,630 KRW 53
EV/EBITDA 3,872 KRW 5,090 KRW 6,308 KRW 54
EV/Revenue 3,135 KRW 4,386 KRW 5,636 KRW 43
Asset-Based
NCAV (Graham) 1,481 KRW 1,985 KRW 2,963 KRW 50
Growth DCF
Growth DCF 6,790 KRW 13,104 KRW 26,227 KRW 80
Rev-Margin DCF 4,344 KRW 8,124 KRW 13,927 KRW 74
Economic Profit
Residual Income 2,772 KRW 3,425 KRW 9,155 KRW 76
ROIC Compounder 3,263 KRW 4,606 KRW 5,925 KRW 72
Growth Earnings
Growth-Adj P/E 7,394 KRW 10,563 KRW 13,732 KRW 68

Widest divergence: Growth Earnings (10,563 KRW) versus Dividend Discount (117.10 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 230B KRW
Revenue growth (YoY) -9.4%
Net margin 9.9%
Return on equity 12.6%
Free cash flow 25.2B KRW FY2025
Operating margin 7.3%
More key figures
Dividend yield 1.0%
EPS growth (YoY) +3.9%

Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 71/100

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

Profitability 50
Margins and returns on capital today
Quality Growth 79
Are margins and returns improving?
Cashflow 61
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 79
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

YG Plus, Inc. produces and distributes music, MD, and other content. It operates NAVER music platform; VIBE, a platform that conducts music production and investment distribution business; and MIXTAPE, a next-generation digital music distribution platform.

Full company description

YG Plus, Inc. produces and distributes music, MD, and other content. It operates NAVER music platform; VIBE, a platform that conducts music production and investment distribution business; and MIXTAPE, a next-generation digital music distribution platform. The company also provides intellectual property solutions, which includes official music and merchandise store under the YG SELECT name, and official commerce shop under the Weverse Shop, as well as offline channels. In addition, it operates Forest Factory, an entertainment-specialized printing company, as well as financial investment business. The company was formerly known as Phoenix Holdings Inc. The company 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

YG Plus, Inc reported revenue of 236B KRW in FY2025 versus 154B KRW in FY2021, a compound +11.2%/yr. Reported net income was 22.4B KRW in FY2025, compounding +0.5%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
236B KRW
Latest YoY
+27.7%
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.
+19.0%
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.
+17.1%
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.
+16.0%
Revenue +11.2%/yr
FY21 154B KRW
FY22 140B KRW
FY23 224B KRW
FY24 185B KRW
FY25 236B KRW
Net income +0.5%/yr
FY21 21.9B KRW
FY22 11.6B KRW
FY23 21.5B KRW
FY24 1.2B KRW
FY25 22.4B KRW

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Cite: Fair Value Calculator (2026). "YG Plus, Inc Fair Value". https://www.fairvalue-calculator.com/stock/037270

Peer Group

Advertising Agencies · 201 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 +67% · Top 25%
Return on equity (TTM) 13% · Top 25%
Return on assets 3% · Above median
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 7% · Above median
Revenue growth -9% · Below median
Dividend yield (TTM) 1.0% · Bottom 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Advertising Agencies 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 17
FUTURE 0 · sector 8
PAST 50 · sector 7
HEALTH 99 · sector 98
DIVIDEND 19 · sector 66

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 Advertising Agencies stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

Stock Price Fair Value vs Fair Value
AppLovin Corporation APP $506.98 $181.37 -64%
Publicis Groupe S.A PUB €87.16 €146.36 +68%
Omnicom Group OMC $80.75 $99.84 +24%
Focus Media Information Technology Co 002027 ¥5.00 ¥4.08 -18%
The Trade Desk, Inc TTD $19.37 $20.76 +7%
BlueFocus Intelligent Communications Group 300058 ¥13.81 ¥1.50 -89%
JCDecaux SE DEC €21.28 €20.99 -1%
WPP plc WPP $18.13 $18.56 +2%
Easy Click Worldwide Network Technology Co 301171 ¥28.85 ¥5.62 -81%
Mobvista Inc 1860 HK$11.15 HK$6.43 -42%

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Frequently asked questions

Is YG Plus, Inc (037270) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of 5,985 KRW versus a price of 3,580 KRW, about +67% (undervalued).
What is the fair value of 037270?
Our model-based fair value for YG Plus, Inc is 5,985 KRW (as of Jul 24, 2026), built from audited fundamentals. The current price is 3,580 KRW.
What is the quality score of 037270?
YG Plus, 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 YG Plus, Inc (037270)?
YG Plus, Inc reported trailing-twelve-month revenue of about 230B KRW (latest available figure, as of Jul 24, 2026).
What is the net profit margin of 037270?
The net profit margin of YG Plus, Inc is about 9.9%, meaning it keeps roughly 9.9% of revenue as net income. Based on the latest reported figures.
Does YG Plus, Inc pay a dividend?
YG Plus, Inc currently shows a dividend yield of about 0.76% relative to its recent price (as of Jul 24, 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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