EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Sangsangin Co. Ltd (038540) fair value: what the stock is really worth

As of Sep 23, 2026: fair value of Sangsangin Co. Ltd KRW 3,812, price KRW 1,906, upside +100.0%, quality 56 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
  3. Add to watchlist

Financials · KR · ISIN KR7038540001

SC Thin data Sep 23, 2026

Sangsangin Co. Ltd

038540 · KQ

Clearly undervaluedStrong Fair Value upside, but quality is only moderate.

✓Fair value 3,812 KRW · Strongly undervalued (+100%)
!Quality 56/100
!Weak Growth (revenue 5y −1.6 %/yr)
✓Solidly profitable · 13.0% net margin (TTM)
✓Low debt · generates free cash flow
✓Ranks above peers (7/8)
!Moderate moat 48/100
!Evidence only low, so the estimate is less certain
Watch Sangsangin Co. Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

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

Price vs Fair Value

11,621 KRW 1,359 KRW Fair Value 3,812 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.

How to read this chart

60‑month range 1,359 KRW – 11,621 KRW · fair‑value band 2,616 KRW – 5,513 KRW · the 1,906 KRW price screens below the 3,812 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.

Follow Sangsangin Co. in your weekly email

Every Wednesday you see whether Sangsangin Co. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

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

Company profile

Sangsangin Co., Ltd. operates in the field of information technology (IT), financial services, and heavy industry in South Korea.

Show more

Sangsangin Co., Ltd. operates in the field of information technology (IT), financial services, and heavy industry in South Korea. The company provides various IT services, such as security systems, integrated communication, SDN, and cloud services, as well as wired or wireless network services; design, installation, and maintenance of IT networks; consulting services; and electronic components. It also offers various banking products and services, such as stock loans; acts as an intermediary in the sale of equity, bonds, and financial derivatives; and provides consulting on financial investment products. In addition, the company offers consulting services on the modernization and the construction of ship-building sites; and offshore marine and deck cranes. The company was formerly known as Texcell-NetCom Co., Ltd. Sangsangin Co., Ltd. was founded in 1989 and is headquartered in Seongnam, South Korea.

Stock analysis

Sangsangin Co. Ltd (038540) currently trades at 1,906 KRW, while our model-based Fair Value estimate is 3,812 KRW, implying the stock looks roughly 50.0% undervalued today.

Show more

Valuation

How firm this estimate is: it rests on 6 models at a data quality of 92/100, which puts the evidence level at low.

Scenario range: 2,616 KRW (bear) to 5,513 KRW (bull), the price of 1,906 KRW sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 56/100 (solid quality), in the Financials sector.

Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.

Sangsangin Co. Ltd reported revenue of 419B KRW in FY2025 versus 569B KRW in FY2021, a compound −7.4%/yr. Reported net income was −121B KRW in FY2025.

Key figures

Market cap 104B KRW (≈ $73.0M) · P/S ratio 0.15 · Net margin −28.8% · Return on equity −3,633% · Return on assets (EBIT) −0.6% · Operating margin 16.4% · Revenue (TTM) 696B KRW · Revenue growth (YoY) +40.0%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).

What moves the price

The share trades about 19% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Financials peers we cover trades at 81% fair-value upside, at 100%, 038540 screens cheaper than that median.

Fair Value models

Bear 2,616 KRW Fair Value 3,812 KRW Bull 5,513 KRW
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF 114,337 KRW 206,063 KRW 366,461 KRW 77
Growth DCF 113,410 KRW 197,354 KRW 340,090 KRW 76
5Y Revenue Exit 59,592 KRW 89,097 KRW 126,912 KRW 72
All 6 models by family
DCF Models
FCF DCF 114,337 KRW 206,063 KRW 366,461 KRW 77
5Y Revenue Exit 59,592 KRW 89,097 KRW 126,912 KRW 72
10Y Revenue Exit 75,979 KRW 110,259 KRW 158,955 KRW 67
Multiples
EV/Revenue 34,208 KRW 47,736 KRW 61,264 KRW 54
Asset-Based
NCAV (Graham) 4,124 KRW 5,526 KRW 8,247 KRW 54
Growth DCF
Growth DCF 113,410 KRW 197,354 KRW 340,090 KRW 76

Open the full fair value analysis →

Notify me when 038540 reaches fair value

Put 038540 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 56/100

Of which business quality 51 · Market factors (momentum, volatility) 44

Profitability 2
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 10
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 34
Distance to the 52-week high (market factor)
Net Issuance 82
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 35/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−51.9%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−18.2%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−1.6%
Start year 2020 (pandemic). Over 10 years: +9.3% a year
Revenue growth 21 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+14.2%
Profit 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.
20.6% (2020) → −11.5% (2025)
What shareholders gained per year ⓘ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

Watch 038540, get fair value alerts →

Compare Sangsangin Co. Ltd with another stock

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

Free, no sign-up

Peer GroupⓘHow this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Banking Services” was too small, so the broader sector is used.)Information Technology · 3724 stocks

Beats the sector median on 7/8 measures
Overall it ranks above its sector peers.
Valuation
Quality Score 56 · Above median
Fair Value upside +100% · Top 25%
Profitability
Return on assets 1% · Below median
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 16% · Top 25%
Growth and dividend
Revenue growth 40% · Top 25%
Balance sheet
Debt / equity 0.03× · Below median

Valuation Multiplesvs Information Technology median · lower = cheaper

P/FCF 0.0× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 6
FUTURE (revenue growth)100 · sector 42
PAST (return on equity)0 · sector 23
HEALTH (low debt)99 · sector 97
DIVIDEND (yield)0 · sector 28

Context: sector, industry, market

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 Banking Services stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Federal Home Loan Mortgage Corporation FMCKK $10.78 $21.56 +100%
LTG LTG 15.28 PHP 30.56 PHP +100%
FDC FDC 4.03 PHP 6.87 PHP +70%
535789 535789 ₹142.35 ₹258.13 +81%
Han Kook Capital.Co., Ltd 023760 1,408 KRW 2,816 KRW +100%
BPC BPC 0.0850 PLN 0.0100 PLN −88%
Mason Capital Corporation 021880 1,165 KRW 182.72 KRW −84%
KIFS KIFS ₹109.30 ₹55.57 −49%
ACME ACME ₹29.94 ₹8.31 −72%
CFS CFS 4.76 PLN 9.52 PLN +100%

Explore undervalued stocks

More undervalued Financial Services stocks →

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

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
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.

Sangsangin Co. Ltd · Fair Value
3,812 KRW +50%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Sangsangin Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/038540

Frequently asked questions

Is Sangsangin Co. Ltd (038540) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of 3,812 KRW versus a price of 1,906 KRW, about +100% upside (undervalued).
What is the fair value of 038540?
Our model-based fair value for Sangsangin Co. Ltd is 3,812 KRW (as of Sep 23, 2026), built from audited fundamentals. The current price: 1,906 KRW.
What is the quality score of 038540?
Sangsangin Co. Ltd has a Quality Score of 56/100. 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 Sangsangin Co. Ltd (038540)?
Our model-based price target is the fair value of 3,812 KRW (as of Sep 23, 2026) from 6 valuation models. Cautious scenario 2,616 KRW, optimistic scenario 5,513 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Sangsangin Co. Ltd stock forecast for 2026?
Our models put fair value at 3,812 KRW, about +100% upside versus a price of 1,906 KRW (undervalued). Cautious scenario 2,616 KRW, optimistic scenario 5,513 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Sangsangin Co. Ltd (038540)?
Sangsangin Co. Ltd reported trailing-twelve-month revenue of about 696B KRW (latest available figure, as of Sep 23, 2026).
What is the intrinsic value of Sangsangin Co. Ltd (038540)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sangsangin Co. Ltd it is 3,812 KRW per share (as of Sep 23, 2026), against a price of 1,906 KRW. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Sangsangin Co. Ltd stock overvalued or undervalued in 2026?
As of Sep 23, 2026, 038540 trades below its calculated fair value: price 1,906 KRW, fair value 3,812 KRW, a gap of about +100% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 038540?
No. The price is what the market pays today (1,906 KRW); the fair value is what the company's own numbers justify (3,812 KRW). For Sangsangin Co. Ltd the two are 1,906 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Sangsangin Co. Ltd worth?
The market values Sangsangin Co. Ltd at about 104B KRW (market capitalisation, as of Sep 23, 2026). Per share that is 1,906 KRW; our models calculate a fair value of 3,812 KRW per share.
What do the bullish and bearish scenarios say about 038540?
Our models span a range for Sangsangin Co. Ltd: cautious scenario 2,616 KRW, base 3,812 KRW, optimistic 5,513 KRW per share (as of Sep 23, 2026, price 1,906 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Sangsangin Co. Ltd (038540)?
Balance-sheet figures for Sangsangin Co. Ltd (as of Sep 23, 2026): debt of 0.03 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is 038540 from its 52-week high?
Sangsangin Co. Ltd trades at 1,906 KRW, about 19% below its 52-week high of 2,345 KRW and 16% above the low of 1,639 KRW (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 3,812 KRW is for.
Which stocks are comparable to Sangsangin Co. Ltd?
From the same area (Financials) we also value Federal Home Loan Mortgage Corporation, LTG, FDC, 535789, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Sangsangin Co. Ltd stock attractive at the current price?
The data as of Sep 23, 2026: price 1,906 KRW, calculated fair value 3,812 KRW (+100%), Quality Score 56/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 038540 calculated?
We run Sangsangin Co. Ltd through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 3,812 KRW, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Sangsangin Co. Ltd currently trades 100 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Sangsangin Co. Ltd (038540)?
The closing price on Sep 23, 2026 was 1,906 KRW. Our model-based fair value is 3,812 KRW, about +100% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sangsangin Co. Ltd right now?
The price is below even our cautious bear case (2,616 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 (56/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (2,616 KRW to 5,513 KRW) leaves room in how you read the outcome.

Key figures of Sangsangin Co. Ltd

How large is the market capitalisation of Sangsangin Co. Ltd (038540)?
The market capitalisation of Sangsangin Co. Ltd is 104B KRW (≈ $73.0M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Sangsangin Co. Ltd (038540)?
The price-to-sales ratio of Sangsangin Co. Ltd is 0.15 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of Sangsangin Co. Ltd (038540)?
The net margin of Sangsangin Co. Ltd is −28.8% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Sangsangin Co. Ltd (038540)?
The return on equity (ROE) of Sangsangin Co. Ltd is −3,633% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Sangsangin Co. Ltd (038540)?
On an EBIT basis the return on assets of Sangsangin Co. Ltd is −0.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Sangsangin Co. Ltd (038540)?
The operating margin of Sangsangin Co. Ltd is 16.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sangsangin Co. Ltd (038540)?
Revenue at Sangsangin Co. Ltd is growing +40.0% versus a year earlier (3y avg −18.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Sangsangin Co. Ltd (038540)?
Earnings per share at Sangsangin Co. Ltd are growing −53.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Sangsangin Co. Ltd (038540) generate?
The free cash flow of Sangsangin Co. Ltd is 398B KRW (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Sangsangin Co. Ltd (038540) carry?
The net debt of Sangsangin Co. Ltd is 385B KRW (fiscal year 2025, ≈ 1.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Sangsangin Co. Ltd in the live analysis

One click puts Sangsangin Co. Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.