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DAEA TI Co (045390) Fair Value & Analysis

Technology · KR · Market cap 180B KRW

DT DAEA TI Co 045390 · KQ
Price2,615 KRW
Fair Value4,958 KRW
Upside+89.6%
Quality41/100
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Expensive Growth
Thin margins · 7.2% net margin
Low debt · negative free cash flow
Trails peers (2/7)
Narrow moat 41/100
Evidence: High Range 3,652 KRW – 6,197 KRW Share as image

Fair value as of: Jul 20, 2026

From 17 valuation models · updated 21 days ago

Share price −3.0% over the past month.

Below-average quality, screening 90% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (41/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (3,652 KRW). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

7,125 KRW 2,205 KRW Fair Value 4,958 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 2,205 KRW – 7,125 KRW · fair‑value band 3,652 KRW – 6,197 KRW · the 2,615 KRW price screens below the 4,958 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

DAEA TI Co (045390) currently trades at 2,615 KRW, while our model-based Fair Value estimate is 4,958 KRW, implying the stock looks roughly 89.6% undervalued today. The Quality Score stands at 41/100 (below-average 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, DAEA TI Co generated revenue of 110B KRW at a net margin of 7.2%. Revenue declined 18.8% year over year. Net debt stands at 32.8B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 3,652 KRW (bear case) to 6,197 KRW (bull case); at 2,615 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 57% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 8% fair-value upside, at 90%, 045390 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
Residual Income 2,100 KRW 2,681 KRW 7,428 KRW 76
ROIC Compounder 997.38 KRW 1,122 KRW 1,232 KRW 72
Gordon GGM 6.82 KRW 14.17 KRW 22.48 KRW 70
All 17 models by family
DCF Models
Owner Earnings 1,699 KRW 2,517 KRW 3,769 KRW 31
Earnings-Based
Graham-Dodd 1,983 KRW 6,250 KRW 8,323 KRW 54
Lynch FV 1,370 KRW 1,957 KRW 2,544 KRW 50
PEG = 1.0 1,370 KRW 1,957 KRW 2,544 KRW 46
EPV 997.38 KRW 1,122 KRW 1,232 KRW 59
Dividend Discount
Gordon GGM 6.82 KRW 14.17 KRW 22.48 KRW 70
DDM Multi-Stage 6.82 KRW 11.34 KRW 14.87 KRW 61
Multiples
P/E Multiple 4,374 KRW 5,832 KRW 7,290 KRW 63
P/S Multiple 3,718 KRW 4,958 KRW 6,197 KRW 58
P/B Multiple 3,718 KRW 4,958 KRW 6,197 KRW 55
EV/EBIT 1,827 KRW 2,353 KRW 2,880 KRW 53
EV/EBITDA 1,934 KRW 2,497 KRW 3,059 KRW 54
EV/Revenue 1,312 KRW 1,768 KRW 2,225 KRW 43
Asset-Based
NCAV (Graham) 1,100 KRW 1,474 KRW 2,199 KRW 50
Economic Profit
Residual Income 2,100 KRW 2,681 KRW 7,428 KRW 76
ROIC Compounder 997.38 KRW 1,122 KRW 1,232 KRW 72
Growth Earnings
Growth-Adj P/E 3,652 KRW 5,218 KRW 6,783 KRW 68

Widest divergence: Growth Earnings (5,218 KRW) versus Dividend Discount (11.34 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 110B KRW
Revenue growth (YoY) -18.8%
Net margin 7.2%
Return on equity 1,343%
Free cash flow −17.0B KRW FY2025
Operating margin 8.2%
More key figures
EPS growth (YoY) +13.2%
Net debt 32.8B KRW FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 40 · Market factors (momentum, volatility) 9

Profitability 40
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 34
Disciplined investing over empire-building
Low Volatility 27
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 3
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

DAEA TI Co., Ltd. designs, manufactures, constructs, tests, commissions, and maintains railway signaling and communication systems in South Korea.

Full company description

DAEA TI Co., Ltd. designs, manufactures, constructs, tests, commissions, and maintains railway signaling and communication systems in South Korea. The company offers signal and control systems, including centralized traffic control, computer-based interlocking, European train control, automatic train control, communication based train control, extension/resignaling, signal violation prevention, and platform screen door supervision systems, as well as signal equipment. It also plans, designs, constructs, operates, maintains, consults, and supports railway operation control in the fields of main line, high speed line, urban transit, light rail transit, and industrial railway. In addition, the company offers modeling and simulation systems, large display panel systems, and optical transport equipment, as well as provides interiors for railroad traffic control center; and distributes terrestrial trunked radios. DAEA TI Co., Ltd. was founded in 1995 and is based in Bucheon-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DAEA TI Co reported revenue of 153B KRW in FY2025 versus 116B KRW in FY2021, a compound +7.1%/yr. Reported net income was 20.5B KRW in FY2025, compounding +42.0%/yr from FY2021.

Growth Quality 37/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
153B KRW
Latest YoY
+2.7%
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.
+13.2%
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.
+3.0%
Avg. growth/yr (15Y) 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.
+3.8%
Revenue +7.1%/yr
FY21 116B KRW
FY22 106B KRW
FY23 112B KRW
FY24 149B KRW
FY25 153B KRW
Net income +42.0%/yr
FY21 5.0B KRW
FY22 8.4B KRW
FY23 10.7B KRW
FY24 14.7B KRW
FY25 20.5B KRW

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Cite: Fair Value Calculator (2026). "DAEA TI Co Fair Value". https://www.fairvalue-calculator.com/stock/045390

Peer Group

Software & IT Services · 32 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 41 · Bottom 25%
Fair Value upside +90% · Above median
Return on assets 3% · Above median
Net margin (TTM) 7% · Below median
Operating margin (TTM) 8% · Below median
Revenue growth -19% · Bottom 25%
Debt / equity 0.18× · 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 100 · sector 0
FUTURE 0 · sector 28
PAST 0 · sector 74
HEALTH 91 · sector 99
DIVIDEND 0 · sector 26

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 Software & IT Services stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

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Hancom Inc 030520 15,890 KRW 31,596 KRW +99%
Webzen Inc 069080 11,750 KRW 12,748 KRW +8%
NEOWIZ 095660 17,010 KRW 46,407 KRW +173%
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GalaxiaMoneytree Co 094480 4,600 KRW 3,778 KRW -18%
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Frequently asked questions

Is DAEA TI Co (045390) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 4,958 KRW versus a price of 2,615 KRW, about +90% (undervalued).
What is the fair value of 045390?
Our model-based fair value for DAEA TI Co is 4,958 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 2,615 KRW.
What is the quality score of 045390?
DAEA TI Co has a Quality Score of 41/100. 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 DAEA TI Co (045390)?
DAEA TI Co reported trailing-twelve-month revenue of about 110B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 045390?
The net profit margin of DAEA TI Co is about 7.2%, meaning it keeps roughly 7.2% 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.

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