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SGA Co Ltd (049470) Fair Value & Analysis

Information Technology · KR · Market cap 35.2B KRW

SC SGA Co Ltd 049470 · KQ
Price2,020 KRW
Fair Value393.17 KRW
Upside-80.5%
Quality37/100
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Weak Growth
Thin margins · 0.0% net margin
Low debt · negative free cash flow
Trails peers (2/8)
Narrow moat 23/100
Evidence: Low Range 259.49 KRW – 491.46 KRW Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 6 days ago

Share price +38.2% over the past month.

Below-average quality, and screening another 81% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (491.46 KRW). The favourable scenario is already priced in.
  • Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (259.49 KRW to 491.46 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

18,400 KRW 1,165 KRW Fair Value 393.17 KRW Oct 2020 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 1,165 KRW – 18,400 KRW · fair‑value band 259.49 KRW – 491.46 KRW · the 2,020 KRW price screens above the 393.17 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.

Full chart & analysis →

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Analysis

SGA Co Ltd (049470) currently trades at 2,020 KRW, while our model-based Fair Value estimate is 393.17 KRW, implying the stock looks roughly 80.5% overvalued today. The Quality Score stands at 37/100 (below-average quality), in the Information Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

It earns a return on equity of 258.9%. Net debt stands at 14.3B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 259.49 KRW (bear case) to 491.46 KRW (bull case); at 2,020 KRW, the current price sits above 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. For context, the median of 10 Information Technology peers we cover trades at -59% fair-value upside, at -81%, 049470 screens richer 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) 1,361 KRW 1,824 KRW 2,722 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 1,361 KRW 1,824 KRW 2,722 KRW 50

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Key figures & financial health

Return on equity 259%
Free cash flow −59.3B KRW FY2025
Net debt 14.3B KRW FY2023

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

Quality Score breakdown

Overall quality 37/100

Of which business quality 38 · Market factors (momentum, volatility) 8

Profitability 5
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 50
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 13
Distance to the 52-week high (market factor)
Net Issuance 100
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

SGA Co,. Ltd. operates as an IT company in South Korea and internationally. It is involved in the education SI business, a system integration specialized business that conducts application software development, service consignment operation, and maintenance business of public institutions, such as education-related system construction and maintenance …

Full company description

SGA Co,. Ltd. operates as an IT company in South Korea and internationally. It is involved in the education SI business, a system integration specialized business that conducts application software development, service consignment operation, and maintenance business of public institutions, such as education-related system construction and maintenance business. The company also engages in the infrastructure business, including integrated maintenance and consignment operation business; information system infrastructure construction and consulting business; and network separation and computer room relocation services. In addition, it provides hardware and software products for all-flash data storage; and partner engineer training business. The company was formerly known as SG Advantech Co., Ltd. and changed its name to SGA Co,. Ltd. in 2010. SGA Co,. Ltd. was founded in 1997 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SGA Co Ltd reported revenue of 24.8B KRW in FY2025 versus 57.1B KRW in FY2021, a compound −18.8%/yr. Reported net income was −9.3B KRW in FY2025.

Growth Quality 5/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
24.8B KRW
Latest YoY
−31.3%
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.
−23.3%
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.
−2.4%
Revenue −18.8%/yr
FY21 57.1B KRW
FY22 55.0B KRW
FY23 43.4B KRW
FY24 36.1B KRW
FY25 24.8B KRW
Net income
FY21 4.5B KRW
FY22 −7.0B KRW
FY23 −8.6B KRW
FY24 −1.1B KRW
FY25 −9.3B KRW

049470 screens 81% overvalued. Compare with NVIDIA Corporation →

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Cite: Fair Value Calculator (2026). "SGA Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/049470

Peer Group

Semiconductors · 327 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 38 · Bottom 25%
Fair Value upside −81% · Bottom 25%
Return on equity (TTM) 259% · Top 25%
Return on assets 0% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Below median
Revenue growth 0% · Below 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
VALUE0 · sector 0
FUTURE0 · sector 60
PAST100 · sector 22
HEALTH100 · sector 96
DIVIDEND0 · sector 19

VALUE 0: the price sits above our fair-value range.

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

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $225.01 $98.98 -56%
Taiwan Semiconductor Manufacturing Company TSM $429.15 $291.42 -32%
Broadcom Inc 1AVGO €366.85 €121.25 -67%
Micron Technology, Inc 1MU €802.10 €185.67 -77%
SK hynix Inc 000660 1,504,000 KRW 1,481,291 KRW -2%
Advanced Micro Devices, Inc 1AMD €428.20 €56.33 -87%
Intel Corporation INTC C$54.50 C$16.95 -69%
MediaTek Inc 2454 3,845 TWD 1,559 TWD -59%
SK Square Co 402340 1,024,000 KRW 1,204,862 KRW +18%
Semiconductor Manufacturing International Corporation 0981 HK$73.00 HK$13.18 -82%

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Frequently asked questions

Is SGA Co Ltd (049470) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 393.17 KRW versus a price of 2,020 KRW, about −81% (overvalued).
What is the fair value of 049470?
Our model-based fair value for SGA Co Ltd is 393.17 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 2,020 KRW.
What is the quality score of 049470?
SGA Co Ltd has a Quality Score of 37/100. 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 net profit margin of 049470?
The net profit margin of SGA Co Ltd is about 0.0%, meaning it keeps roughly 0.0% 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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