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meerecompany Incorporated (049950) Fair Value & Analysis

Technology · KR · Market cap 98.4B KRW

MI meerecompany Incorporated 049950 · KQ
Price10,640 KRW
Fair Value6,780 KRW
Upside-36.3%
Quality33/100
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Evidence: Low Range 4,475 KRW – 8,475 KRW

Fair value as of: Jul 6, 2026

From 3 valuation models · updated today

Fair value updated Jul 6, 2026 — revised from 42,034 KRW to 6,780 KRW (−83.9%) since Jun 24, 2026. Share price −13.9% over the past month.

Price vs Fair Value (12 months)

21,400 KRW 9,910 KRW Fair Value 6,780 KRW Jun 2025 Jul 2026

12‑month range 9,910 KRW – 21,400 KRW · fair‑value band 4,475 KRW – 8,475 KRW · the 10,640 KRW price screens above the 6,780 KRW fair value. As of Jul 6, 2026.

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Analysis

meerecompany Incorporated (049950) currently trades at 10,640 KRW, while our model-based Fair Value estimate is 6,780 KRW — implying the stock looks roughly 36.3% overvalued today. We read business quality at 33/100 (below-average quality), in the 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).

Over the trailing twelve months, meerecompany Incorporated generated revenue of 136B KRW at a net margin of 16.0%. Revenue declined 5.4% year over year. Fundamentals as of Jul 6, 2026

Our scenario range runs from 4,475 KRW (bear case) to 8,475 KRW (bull case); at 10,640 KRW, the current price sits above that range. The share trades about 51% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -58% fair-value upside — at -36%, 049950 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 136B KRW
Revenue growth (YoY) -5.4%
Net margin 16.0%
Return on equity -566%
Free cash flow −14.6B KRW FY2025
Operating margin 11.2%
More key figures
EPS growth (YoY) -72.0%

Figures from reported company fundamentals (EODHD) · as of Jul 6, 2026. TTM = trailing twelve months.

About the company

meerecompany Incorporated manufactures and sells display and semiconductor equipment in South Korea. Its display equipment include edge grinders and profilers, drilling machines, and cover and mother glass grinders; OLED, edge, and AOI inspection equipment; and laser cutters, markers, and trimmers, as well as laser polarized film cutting machines. The company's semiconductor equipment comprise loaders and unloaders, FOUP packing machines, ultra sonic cleaners, wafer back and edge grinders, and laser cutters and markers. It also provides sensors and surgical robots. The company was formerly known as Meerae Engineering Inc and changed its name to meerecompany Incorporated in October 2004. meerecompany Incorporated was founded in 1984 and is headquartered in Hwaseong, South Korea.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

meerecompany Incorporated reported revenue of 40.9B KRW in FY2025 versus 116B KRW in FY2021, a compound −23.0%/yr. Reported net income was −25.0B KRW in FY2025.

Revenue −23.0%/yr
FY21 116B KRW
FY22 155B KRW
FY23 109B KRW
FY24 67.3B KRW
FY25 40.9B KRW
Net income
FY21 6.4B KRW
FY22 29.3B KRW
FY23 3.5B KRW
FY24 −7.1B KRW
FY25 −25.0B KRW

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Cite: Fair Value Calculator (2026). "meerecompany Incorporated Fair Value". https://www.fairvalue-calculator.com/stock/049950

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Frequently asked questions

Is meerecompany Incorporated (049950) undervalued?
As of Jul 6, 2026, our model estimates a fair value of 6,780 KRW versus a price of 10,640 KRW — about −36% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 049950?
Our model-based fair value for meerecompany Incorporated is 6,780 KRW (as of Jul 6, 2026), built from audited fundamentals. The current price is 10,640 KRW.
What is the quality score of 049950?
meerecompany Incorporated has a Quality Score of 33/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of meerecompany Incorporated (049950)?
meerecompany Incorporated reported trailing-twelve-month revenue of about 136B KRW (latest available figure, as of Jul 6, 2026).
What is the net profit margin of 049950?
The net profit margin of meerecompany Incorporated is about 16.0%, meaning it keeps roughly 16.0% 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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.