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BK Holdings (050090) Fair Value & Analysis

Technology · KR · Market cap 8.3B KRW

BH BK Holdings 050090 · KQ
Price673.00 KRW
Fair Value81.23 KRW
Upside-87.9%
Quality43/100
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Weak Growth
Loss-making · -43.4% net margin
Low debt · negative free cash flow
Trails peers (2/7)
Narrow moat 10/100
Evidence: Low Range 53.61 KRW – 101.54 KRW Share as image

Fair value as of: Jul 22, 2026

From 3 valuation models · updated 19 days ago

Share price +58.4% over the past month.

Below-average quality, and screening another 88% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (101.54 KRW). The favourable scenario is already priced in.
  • Weak quality (43/100) 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 (53.61 KRW to 101.54 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

6,540 KRW 287.00 KRW Fair Value 81.23 KRW Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 287.00 KRW – 6,540 KRW · fair‑value band 53.61 KRW – 101.54 KRW · the 673.00 KRW price screens above the 81.23 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

BK Holdings (050090) currently trades at 673.00 KRW, while our model-based Fair Value estimate is 81.23 KRW, implying the stock looks roughly 87.9% overvalued today. The Quality Score stands at 43/100 (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, BK Holdings generated revenue of 10.1B KRW at a net margin of -43.4%. Revenue grew 88.1% year over year. Fundamentals as of Jul 22, 2026

Our scenario range runs from 53.61 KRW (bear case) to 101.54 KRW (bull case); at 673.00 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. The share trades about 53% below its 52-week high and 32% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 22% fair-value upside, at -88%, 050090 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
Gordon GGM 329.72 KRW 359.34 KRW 404.14 KRW 70
DDM Multi-Stage 329.72 KRW 407.42 KRW 513.50 KRW 61
NCAV (Graham) 80.92 KRW 108.43 KRW 161.84 KRW 50
All 3 models by family
Dividend Discount
Gordon GGM 329.72 KRW 359.34 KRW 404.14 KRW 70
DDM Multi-Stage 329.72 KRW 407.42 KRW 513.50 KRW 61
Asset-Based
NCAV (Graham) 80.92 KRW 108.43 KRW 161.84 KRW 50

Widest divergence: Dividend Discount (359.34 KRW) versus Asset-Based (108.43 KRW). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 10.1B KRW
Revenue growth (YoY) +88.1%
Net margin -43.4%
Return on equity -1,232%
Free cash flow −2.8B KRW FY2025
Operating margin -13.8%

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 43 · Market factors (momentum, volatility) 24

Profitability 12
Margins and returns on capital today
Quality Growth 15
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 20
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

BK Holdings CO.,LTD. manufactures and sells semiconductor materials for semiconductor packaging in South Korea and China. The company offers products, such as solder ball, solder powder, solar paste, glass frit, etc., as well as other electronic parts. The company was formerly known as Phoenix Materials Co.,Ltd. and changed its name to BK Holdings CO.,LTD.

Full company description

BK Holdings CO.,LTD. manufactures and sells semiconductor materials for semiconductor packaging in South Korea and China. The company offers products, such as solder ball, solder powder, solar paste, glass frit, etc., as well as other electronic parts. The company was formerly known as Phoenix Materials Co.,Ltd. and changed its name to BK Holdings CO.,LTD. in March 2022. BK Holdings CO.,LTD. was founded in 2000 and is headquartered in Gumi-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

BK Holdings reported revenue of 7.4B KRW in FY2025 versus 9.4B KRW in FY2021, a compound −5.7%/yr. Reported net income was −3.8B KRW in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
7.4B KRW
Latest YoY
−41.4%
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.
−4.3%
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.
−5.9%
Avg. growth/yr (21Y) 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.
−10.0%
Revenue −5.7%/yr
FY21 9.4B KRW
FY22 8.5B KRW
FY23 11.3B KRW
FY24 12.7B KRW
FY25 7.4B KRW
Net income
FY21 −3.0B KRW
FY22 −3.1B KRW
FY23 −4.4B KRW
FY24 −2.0B KRW
FY25 −3.8B KRW

050090 screens 88% overvalued. Compare with STCube, Inc →

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Cite: Fair Value Calculator (2026). "BK Holdings Fair Value". https://www.fairvalue-calculator.com/stock/050090

Peer Group

Electronic Equipment & Parts · 21 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 43 · Below median
Fair Value upside −88% · Bottom 25%
Return on assets -2% · Bottom 25%
Net margin (TTM) -43% · Bottom 25%
Operating margin (TTM) -14% · Bottom 25%
Revenue growth 88% · Top 25%

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 0 · sector 35
FUTURE 100 · sector 0
PAST 0 · sector 0
HEALTH 100 · sector 98
DIVIDEND 0 · sector 65

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 Electronic Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
STCube, Inc 052020 7,000 KRW 850.56 KRW -88%
VINATech Co 126340 55,700 KRW 9,538 KRW -83%
Partron Co 091700 5,650 KRW 11,424 KRW +102%
Amotech Co 052710 15,560 KRW 9,214 KRW -41%
KHVATEC Co 060720 10,010 KRW 17,111 KRW +71%
MNTech Co 095500 6,820 KRW 8,280 KRW +21%
Namuga Co 190510 12,630 KRW 33,453 KRW +165%
Powerlogics. Co 047310 2,820 KRW 3,441 KRW +22%
e-LITECOM CO., Ltd 041520 8,910 KRW 11,520 KRW +29%
Ajinextek Co 059120 4,315 KRW 1,177 KRW -73%

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Frequently asked questions

Is BK Holdings (050090) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 81.23 KRW versus a price of 673.00 KRW, about −88% (overvalued).
What is the fair value of 050090?
Our model-based fair value for BK Holdings is 81.23 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 673.00 KRW.
What is the quality score of 050090?
BK Holdings has a Quality Score of 43/100. 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 BK Holdings (050090)?
BK Holdings reported trailing-twelve-month revenue of about 10.1B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 050090?
The net profit margin of BK Holdings is about -43.4%, 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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