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Fine DNC Co. Ltd (049120) Fair Value & Analysis

Technology · KR · Market cap 20.4B KRW

FD Fine DNC Co. Ltd 049120 · KQ
Price2,650 KRW
Fair Value3,150 KRW
Upside+18.9%
Quality29/100
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Mixed Growth
Loss-making · -44.9% net margin
Low debt · negative free cash flow
Trails peers (1/8)
Narrow moat 9/100
Evidence: Low Range 2,351 KRW – 4,702 KRW Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 6 days ago

Fair value updated Aug 13, 2026, revised from 3,288 KRW to 3,150 KRW (−4.2%) since Jul 22, 2026. Share price +39.2% over the past month.

Below-average quality, screening 19% undervalued on our models.

What matters now

  • A fairly wide model range (2,351 KRW to 4,702 KRW) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

16,075 KRW 1,749 KRW Fair Value 3,150 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 1,749 KRW – 16,075 KRW · fair‑value band 2,351 KRW – 4,702 KRW · the 2,650 KRW price screens below the 3,150 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Fine DNC Co. Ltd (049120) currently trades at 2,650 KRW, while our model-based Fair Value estimate is 3,150 KRW, implying the stock looks roughly 18.9% undervalued today. The Quality Score stands at 29/100 (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: low), always confirm before acting.

Over the trailing twelve months, Fine DNC Co. Ltd generated revenue of 50.6B KRW at a net margin of -44.9%. Revenue declined 52.4% year over year. It earns a return on equity of -53.0%. Net debt stands at 29.1B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 2,351 KRW (bear case) to 4,702 KRW (bull case); at 2,650 KRW, the current price sits within 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 52% below its 52-week high and 64% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -68% fair-value upside, at 19%, 049120 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
NCAV (Graham) 2,454 KRW 3,288 KRW 4,907 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 2,454 KRW 3,288 KRW 4,907 KRW 50

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Key figures & financial health

Revenue (TTM) 50.6B KRW
Revenue growth (YoY) -52.4%
Net margin -44.9%
Return on equity -53.0%
Free cash flow −6.1B KRW FY2025
Operating margin -8.3%
More key figures
EPS growth (YoY) +275%
Net debt 29.1B KRW FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 29/100

Of which business quality 30 · Market factors (momentum, volatility) 29

Profitability 10
Margins and returns on capital today
Quality Growth 18
Are margins and returns improving?
Cashflow 2
Earnings quality: real cash, not paper profit
Fin. Strength 35
Balance sheet, leverage, solvency risk
Investment 58
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 81
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

Fine DNC Co., Ltd. manufactures and sells press molds for TC components in South Korea and internationally. The company provides top and bottom chassis, S/C converters and controls, brackets, and chassis bars for electronics; and cover pipes, bracket covers and bases, base heaters, console support brackets, shroud keys/ Nkeys, body panels, tailgates, basic …

Full company description

Fine DNC Co., Ltd. manufactures and sells press molds for TC components in South Korea and internationally. The company provides top and bottom chassis, S/C converters and controls, brackets, and chassis bars for electronics; and cover pipes, bracket covers and bases, base heaters, console support brackets, shroud keys/ Nkeys, body panels, tailgates, basic plates, arms, hood and body sites, front and rear covers, EPB brackets, spacers, CTR mtg products, armrests, RR brackets, duckt bracket air vents, RR bracket HPB and EPB products, and lower and upper consoles for automobiles. Fine DNC Co., Ltd. was founded in 1992 and is headquartered in Asan-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Fine DNC Co. Ltd reported revenue of 65.8B KRW in FY2025 versus 29.5B KRW in FY2021, a compound +22.2%/yr. Reported net income was −22.2B KRW in FY2025.

Growth Quality 9/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
65.8B KRW
Latest YoY
+1.2%
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.
+4.1%
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.
+2.5%
Avg. growth/yr (20Y) 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.
−3.3%
Revenue +22.2%/yr
FY21 29.5B KRW
FY22 58.3B KRW
FY23 43.5B KRW
FY24 65.0B KRW
FY25 65.8B KRW
Net income
FY21 −18.8B KRW
FY22 −25.3B KRW
FY23 −10.2B KRW
FY24 −2.6B KRW
FY25 −22.2B KRW

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Cite: Fair Value Calculator (2026). "Fine DNC Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/049120

Peer Group

Electronic Components · 649 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 30 · Bottom 25%
Fair Value upside +19% · Top 25%
Return on assets -8% · Bottom 25%
Net margin (TTM) -45% · Bottom 25%
Operating margin (TTM) -8% · Bottom 25%
Revenue growth -52% · Bottom 25%
Debt / equity 0.14× · Higher than median

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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE59 · sector 0
FUTURE0 · sector 37
PAST0 · sector 24
HEALTH93 · sector 95
DIVIDEND0 · sector 25

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,790 TWD 602.37 TWD -66%
Luxshare Precision Industry Co 002475 ¥56.06 ¥38.44 -31%
Samsung Electro-Mechanics Co 009150 1,503,000 KRW 172,954 KRW -88%
Suzhou Dongshan Precision Manufacturing Co 002384 ¥202.11 ¥21.19 -90%
Shengyi Technology Co 600183 ¥143.23 ¥36.30 -75%
Victory Giant Technology (HuiZhou) Co 2476 HK$238.60 HK$75.68 -68%
Kingboard Laminates Holdings 1888 HK$38.70 HK$8.95 -77%
Asia Vital Components Co 3017 2,910 TWD 1,369 TWD -53%
Nan Ya Printed Circuit Board Corporation 8046 1,215 TWD 1,768 TWD +46%
Zhen Ding Technology Holding 4958 477.50 TWD 136.13 TWD -71%

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Frequently asked questions

Is Fine DNC Co. Ltd (049120) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 3,150 KRW versus a price of 2,650 KRW, about +19% (undervalued).
What is the fair value of 049120?
Our model-based fair value for Fine DNC Co. Ltd is 3,150 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 2,650 KRW.
What is the quality score of 049120?
Fine DNC Co. Ltd has a Quality Score of 29/100. 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 Fine DNC Co. Ltd (049120)?
Fine DNC Co. Ltd reported trailing-twelve-month revenue of about 50.6B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 049120?
The net profit margin of Fine DNC Co. Ltd is about -44.9%, meaning it is currently running at a net loss. 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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