BG T&A Co (046310) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of BG T&A Co KRW 4,946, price KRW 2,355, upside +110.0%, quality 61 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 Oct 3, 2026.
How to read this chart
60‑month range 1,830 KRW – 4,515 KRW · fair‑value band 3,518 KRW – 6,430 KRW · the 2,355 KRW price screens below the 4,946 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
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BG T&A Co. develops, manufactures, and sells wireless communication equipment in South Korea, the Americas, and internationally.
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BG T&A Co. develops, manufactures, and sells wireless communication equipment in South Korea, the Americas, and internationally. The company offers radar detectors, such as radar/UHF/GPS detectors with smart phone sync; high-end radar detectors with map and 3D UI; radar/laser detectors with extra sensory detection; digital radar/laser detectors; and patch type antenna radar/laser detectors. It also provides two-way radios, including land mobile, low power, marine, and digital radios; outdoor products, such as golf navigation products with BLE communication, compact golf navigation products, and BackTrack D-Tour and FishTrack products; and black box and RDVR products. The company was formerly known as BG Tech Co., Ltd. and changed its name to BG T&A Co. in December 2006. BG T&A Co. was founded in 1996 and is based in Gunpo-si, South Korea.
Stock analysis
BG T&A Co (046310) currently trades at 2,355 KRW, while our model-based Fair Value estimate is 4,946 KRW, implying the stock looks roughly 52.4% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 10,410 KRW per share, and 22 of the 23 models we run sit above the 2,355 KRW price.
Bear case: the Asset-Based group reads lowest at 3,178 KRW, and 1 of the 23 models stay below the price. Evidence for this calculation is low.
Scenario range: 3,518 KRW (bear) to 6,430 KRW (bull), the price of 2,355 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 61/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
BG T&A Co reported revenue of 149B KRW in FY2025 versus 156B KRW in FY2021, a compound −1.2%/yr. Reported net income was 4.2B KRW in FY2025, compounding −7.7%/yr from FY2021.
Key figures
Market cap 37.9B KRW (≈ $28.2M) · P/S ratio 0.24 · Dividend yield 2.9% · Net margin 2.8% · Return on equity 1,986% · Return on assets (EBIT) 9.9% · Operating margin 8.6% · Revenue (TTM) 158B KRW.
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 48% below its 52-week high and 29% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 3% fair-value upside, at 110%, 046310 screens cheaper than that median.
Fair Value models
Bear 3,518 KRWFair Value 4,946 KRWBull 6,430 KRW
Price 2,355 KRW · Upside +110.0%
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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.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.61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−2.3%
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.
+0.3%
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.
+2.3%
Start year 2020 (pandemic). Over 10 years: +4.9% 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.
+5.2%
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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.
+5.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+2.2%
Dividend (yield on the price)2.9%
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.3% → 5%
Growth Forecast
Little optimism in the price
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).
less than -40 %
Yearly growth needed for the next five years to justify today's price.
Price, fair value, quality and upside side by side.
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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 “Communications & Networking” was too small, so the broader sector is used.)Consumer Discretionary · 3531 stocks
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Cite: Fair Value Calculator (2026). "BG T&A Co Fair Value". https://www.fairvalue-calculator.com/stock/046310
Frequently asked questions
Is BG T&A Co (046310) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of 4,946 KRW versus a price of 2,355 KRW, about +110% upside (undervalued).
What is the fair value of 046310?
Our model-based fair value for BG T&A Co is 4,946 KRW (as of Oct 3, 2026), built from audited fundamentals. The current price: 2,355 KRW.
What is the quality score of 046310?
BG T&A Co has a Quality Score of 61/100. 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 BG T&A Co (046310)?
Our model-based price target is the fair value of 4,946 KRW (as of Oct 3, 2026) from 23 valuation models. Cautious scenario 3,518 KRW, optimistic scenario 6,430 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the BG T&A Co stock forecast for 2026?
Our models put fair value at 4,946 KRW, about +110% upside versus a price of 2,355 KRW (undervalued). Cautious scenario 3,518 KRW, optimistic scenario 6,430 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of BG T&A Co (046310)?
BG T&A Co reported trailing-twelve-month revenue of about 158B KRW (latest available figure, as of Oct 3, 2026).
Does BG T&A Co pay a dividend?
BG T&A Co currently shows a dividend yield of about 2.86% relative to its recent price (as of Oct 3, 2026).
What growth is priced into BG T&A Co (046310)?
For today's price to be fair in a discounted-cash-flow model, BG T&A Co would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 11.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.3 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of 046310 use?
Our models discount BG T&A Co at 11.1 %: a base by market capitalisation (nano), damped by beta 1.37, 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 BG T&A Co that is less than minus 40 % per year a year over ten years, using the same discount rate (11.1 %) and the same formula as our fair value.
How much growth has BG T&A Co (046310) delivered so far?
Over the past 5 years revenue at BG T&A Co grew +2.3 % a year. The price currently implies less than minus 40 % 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 BG T&A Co (046310) growing?
The median revenue growth in the sector is +4.2 % a year. That is the yardstick for the growth priced into BG T&A Co (less than minus 40 % 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 BG T&A Co (046310)?
The free-cash-flow yield on the price is 42.84 %: that much free cash flow BG T&A Co produces per unit of market value. When it exceeds the discount rate of our models (11.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of BG T&A Co (046310)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BG T&A Co it is 4,946 KRW per share (as of Oct 3, 2026), against a price of 2,355 KRW. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is BG T&A Co stock overvalued or undervalued in 2026?
As of Oct 3, 2026, 046310 trades below its calculated fair value: price 2,355 KRW, fair value 4,946 KRW, a gap of about +110% (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 046310?
No. The price is what the market pays today (2,355 KRW); the fair value is what the company's own numbers justify (4,946 KRW). For BG T&A Co the two are 2,591 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is BG T&A Co worth?
The market values BG T&A Co at about 37.9B KRW (market capitalisation, as of Oct 3, 2026). Per share that is 2,355 KRW; our models calculate a fair value of 4,946 KRW per share.
What do the bullish and bearish scenarios say about 046310?
Our models span a range for BG T&A Co: cautious scenario 3,518 KRW, base 4,946 KRW, optimistic 6,430 KRW per share (as of Oct 3, 2026, price 2,355 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is 046310 from its 52-week high?
BG T&A Co trades at 2,355 KRW, about 48% below its 52-week high of 4,515 KRW and 29% above the low of 1,830 KRW (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of 4,946 KRW is for.
Which stocks are comparable to BG T&A Co?
From the same area (Technology) we also value Intellian Technologies, Inc, SOLiD, Inc, Innowireless Co, Ubiquoss Holdings, 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 BG T&A Co stock attractive at the current price?
The data as of Oct 3, 2026: price 2,355 KRW, calculated fair value 4,946 KRW (+110%), Quality Score 61/100, from 23 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 046310 calculated?
We run BG T&A Co through 23 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 4,946 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 14.9 % above its aggregate fair value. BG T&A Co currently trades 52 % 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 BG T&A Co (046310)?
The closing price on Oct 2, 2026 was 2,355 KRW. Our model-based fair value is 4,946 KRW, about +110% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with BG T&A Co right now?
The price is below even our cautious bear case (3,518 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 (61/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (3,518 KRW to 6,430 KRW) leaves room in how you read the outcome.
Key figures of BG T&A Co
How large is the market capitalisation of BG T&A Co (046310)?
The market capitalisation of BG T&A Co is 37.9B KRW (≈ $28.2M). 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 BG T&A Co (046310)?
The price-to-sales ratio of BG T&A Co is 0.24 (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 BG T&A Co (046310)?
The dividend yield of BG T&A Co is 2.9%. 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 BG T&A Co (046310)?
The net margin of BG T&A Co is 2.8% (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 BG T&A Co (046310)?
The return on equity (ROE) of BG T&A Co is 1,986% (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 BG T&A Co (046310)?
On an EBIT basis the return on assets of BG T&A Co is 9.9% (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 BG T&A Co (046310)?
The operating margin of BG T&A Co is 8.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at BG T&A Co (046310)?
Revenue at BG T&A Co is growing +27.0% versus a year earlier (3y avg +0.3%). 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 BG T&A Co (046310)?
Earnings per share at BG T&A Co are growing +163% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does BG T&A Co (046310) carry?
The net debt of BG T&A Co is 6.4B KRW (fiscal year 2024, ≈ 0.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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