Korea Business News Co. Ltd (039340) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Korea Business News Co. Ltd KRW 2,150, price KRW 4,850, upside -55.7%, quality 70 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 4,495 KRW – 7,667 KRW · fair‑value band 1,780 KRW – 2,714 KRW · the 4,850 KRW price screens above the 2,150 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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Korea Business News Co., Ltd. engages in broadcasting, internet, media, and education businesses in South Korea and internationally.
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Korea Business News Co., Ltd. engages in broadcasting, internet, media, and education businesses in South Korea and internationally. It operates Korea Economic TV that broadcasts securities economy related content; wownet.co.uk, a securities portal that offers economic securities professional content through Korea Economic TV; and wowfa.co.uk portal, which provides training in economics and finance. The company also provides securities economy content services utilizing data broadcasting, mobile, IPTV, smart TV, etc. In addition, it is involved in program and event-supporting, and advertising/partnership businesses. The company was formerly known as Wow TV Ltd. and changed its name to Korea Business News Co., Ltd. in 2004. Korea Business News Co. was founded in 1999 and is based in Seoul, South Korea.
Stock analysis
Korea Business News Co. Ltd (039340) currently trades at 4,850 KRW, while our model-based Fair Value estimate is 2,150 KRW, implying the stock looks roughly 125.5% overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 4,565 KRW per share, and 0 of the 19 models we run sit above the 4,850 KRW price.
Bear case: the Earnings-Based group reads lowest at 1,069 KRW, and 19 of the 19 models stay below the price. Evidence for this calculation is medium.
Scenario range: 1,780 KRW (bear) to 2,714 KRW (bull), the price of 4,850 KRW sits above 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 70/100 (solid quality), in the Technology sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Korea Business News Co. Ltd reported revenue of 75.9B KRW in FY2025 versus 119B KRW in FY2021, a compound −10.7%/yr. Reported net income was 2.8B KRW in FY2025, compounding −42.4%/yr from FY2021.
Key figures
Market cap 79.6B KRW (≈ $58.5M) · P/S ratio 0.79 · Dividend yield 3.0% · Net margin 3.7% · Return on equity 400% · Return on assets (EBIT) 4.0% · Operating margin 11.8% · Revenue (TTM) 96.4B KRW.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 44 out of 100 (low confidence).
What moves the price
The share trades about 21% below its 52-week high and 8% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 48% fair-value upside, at −56%, 039340 screens richer than that median.
Fair Value models
Bear 1,780 KRWFair Value 2,150 KRWBull 2,714 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.
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.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−4.5%
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.
−5.0%
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.
−4.4%
Start year 2020 (pandemic). Over 10 years: +0.5% a year
Revenue growth 14 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.
+0.8%
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What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−24.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−27.7%
Dividend (yield on the price)3.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−28% vs −11%, slowing
Profit margin 2020 to 2025 ⓘ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.19% → −3%
Start year 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+10.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +7.7% a year for the price.
Compare Korea Business News Co. Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Software & IT Services · 39 stocks
Beats the industry median on 7/10 measures
Overall it ranks above its industry peers.
Valuation
Quality Score70 · Top 25%
Fair Value upside−56% · Bottom 25%
Profitability
Return on equity (TTM)400% · Top 25%
Return on assets4% · Above median
Net margin (TTM)15% · Above median
Operating margin (TTM)12% · Above median
Growth and dividend
Revenue growth−68% · Bottom 25%
Dividend yield (TTM)3.0% · Top 25%
Balance sheet
Debt / equity0.00× · Below median
Valuation Multiplesvs Software & IT Services median · lower = cheaper
P/FCF0.0× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 47
FUTURE (revenue growth)0· sector 3
PAST (return on equity)100· sector 100
HEALTH (low debt)100· sector 99
DIVIDEND (yield)60· sector 26
VALUE 0: the price sits above our fair-value range.
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). "Korea Business News Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/039340
Frequently asked questions
Is Korea Business News Co. Ltd (039340) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 2,150 KRW versus a price of 4,850 KRW, about −56% upside (overvalued).
What is the fair value of 039340?
Our model-based fair value for Korea Business News Co. Ltd is 2,150 KRW (as of Sep 24, 2026), built from audited fundamentals. The current price: 4,850 KRW.
What is the quality score of 039340?
Korea Business News Co. Ltd has a Quality Score of 70/100. 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 Korea Business News Co. Ltd (039340)?
Our model-based price target is the fair value of 2,150 KRW (as of Sep 24, 2026) from 19 valuation models. Cautious scenario 1,780 KRW, optimistic scenario 2,714 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the Korea Business News Co. Ltd stock forecast for 2026?
Our models put fair value at 2,150 KRW, about −56% upside versus a price of 4,850 KRW (overvalued). Cautious scenario 1,780 KRW, optimistic scenario 2,714 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of Korea Business News Co. Ltd (039340)?
Korea Business News Co. Ltd reported trailing-twelve-month revenue of about 96.4B KRW (latest available figure, as of Sep 24, 2026).
Does Korea Business News Co. Ltd pay a dividend?
Korea Business News Co. Ltd currently shows a dividend yield of about 3.02% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Korea Business News Co. Ltd (039340)?
For today's price to be fair in a discounted-cash-flow model, Korea Business News Co. Ltd would have to grow free cash flow by +10.0 % per year for five years (discount rate 12.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -4.4 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 039340 use?
Our models discount Korea Business News Co. Ltd at 12.3 %: a base by market capitalisation (micro), damped by beta 0.75, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Korea Business News Co. Ltd that is +10.0 % per year a year over ten years, using the same discount rate (12.3 %) and the same formula as our fair value.
How much growth has Korea Business News Co. Ltd (039340) delivered so far?
Over the past 5 years revenue at Korea Business News Co. Ltd grew -4.4 % a year. The price currently implies +10.0 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Korea Business News Co. Ltd (039340) growing?
The median revenue growth in the sector is +1.6 % a year. That is the yardstick for the growth priced into Korea Business News Co. Ltd (+10.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Korea Business News Co. Ltd (039340)?
The free-cash-flow yield on the price is 4.60 %: that much free cash flow Korea Business News Co. Ltd produces per unit of market value. When it exceeds the discount rate of our models (12.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Korea Business News Co. Ltd (039340)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Korea Business News Co. Ltd it is 2,150 KRW per share (as of Sep 24, 2026), against a price of 4,850 KRW. It is the blended result of 19 valuation models (cash flow, earnings, asset, dividend).
Is Korea Business News Co. Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 039340 trades above its calculated fair value: price 4,850 KRW, fair value 2,150 KRW, a gap of about −56% (overvalued). 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 039340?
No. The price is what the market pays today (4,850 KRW); the fair value is what the company's own numbers justify (2,150 KRW). For Korea Business News Co. Ltd the two are 2,700 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is Korea Business News Co. Ltd worth?
The market values Korea Business News Co. Ltd at about 79.6B KRW (market capitalisation, as of Sep 24, 2026). Per share that is 4,850 KRW; our models calculate a fair value of 2,150 KRW per share.
What do the bullish and bearish scenarios say about 039340?
Our models span a range for Korea Business News Co. Ltd: cautious scenario 1,780 KRW, base 2,150 KRW, optimistic 2,714 KRW per share (as of Sep 24, 2026, price 4,850 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Korea Business News Co. Ltd (039340)?
Balance-sheet figures for Korea Business News Co. Ltd (as of Sep 24, 2026): return on equity 399.6%, debt of 0.00 per unit of equity. They feed the Quality Score of 70/100, which measures business quality independently of the share price.
How far is 039340 from its 52-week high?
Korea Business News Co. Ltd trades at 4,850 KRW, about 21% below its 52-week high of 6,110 KRW and 8% above the low of 4,495 KRW (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 2,150 KRW is for.
Which stocks are comparable to Korea Business News Co. Ltd?
From the same area (Technology) we also value KINX, Inc, Wemade Co, Gabia Inc, Hancom Inc, 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 Korea Business News Co. Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price 4,850 KRW, calculated fair value 2,150 KRW (−56%), Quality Score 70/100, from 19 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 039340 calculated?
We run Korea Business News Co. Ltd through 19 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 2,150 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 13.0 % above its aggregate fair value. Korea Business News Co. Ltd itself currently trades above fair value. 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 Korea Business News Co. Ltd (039340)?
The closing price on Sep 23, 2026 was 4,850 KRW. Our model-based fair value is 2,150 KRW, about −56% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Korea Business News Co. Ltd right now?
A high-quality business (quality 70/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. The price sits above even our optimistic bull case (2,714 KRW). The favourable scenario is already priced in.
Key figures of Korea Business News Co. Ltd
How large is the market capitalisation of Korea Business News Co. Ltd (039340)?
The market capitalisation of Korea Business News Co. Ltd is 79.6B KRW (≈ $58.5M). 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 Korea Business News Co. Ltd (039340)?
The price-to-sales ratio of Korea Business News Co. Ltd is 0.79 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Korea Business News Co. Ltd (039340)?
The dividend yield of Korea Business News Co. Ltd is 3.0%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Korea Business News Co. Ltd (039340)?
The net margin of Korea Business News Co. Ltd is 3.7% (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 Korea Business News Co. Ltd (039340)?
The return on equity (ROE) of Korea Business News Co. Ltd is 400% (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 Korea Business News Co. Ltd (039340)?
On an EBIT basis the return on assets of Korea Business News Co. Ltd is 4.0% (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 Korea Business News Co. Ltd (039340)?
The operating margin of Korea Business News Co. Ltd is 11.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Korea Business News Co. Ltd (039340)?
Revenue at Korea Business News Co. Ltd is growing −67.9% versus a year earlier (3y avg −5.0%). 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 Korea Business News Co. Ltd (039340)?
Earnings per share at Korea Business News Co. Ltd are growing −79.7% versus a year earlier. How much earnings per share grew versus a year earlier.
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