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Asia Technology Co (050860) Fair Value & Analysis

Industrials · KR · Market cap 30.9B KRW

AT Asia Technology Co 050860 · KQ
Price1,676 KRW
Fair Value3,370 KRW
Upside+101.1%
Quality58/100
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Weak Growth
Thin margins · 4.4% net margin
generates free cash flow
2.71% dividend yield
Ranks above peers (8/9)
Moderate moat 46/100
Evidence: High Range 2,628 KRW – 3,874 KRW Share as image

Fair value as of: Jul 22, 2026

From 22 valuation models · updated 19 days ago

Share price −5.2% over the past month.

A solid business, screening 101% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (2,628 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

3,950 KRW 1,589 KRW Fair Value 3,370 KRW Mar 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 1,589 KRW – 3,950 KRW · fair‑value band 2,628 KRW – 3,874 KRW · the 1,676 KRW price screens below the 3,370 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

Asia Technology Co (050860) currently trades at 1,676 KRW, while our model-based Fair Value estimate is 3,370 KRW, implying the stock looks roughly 101.1% undervalued today. The Quality Score stands at 58/100 (solid quality), in the Industrials 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: high), always confirm before acting.

Over the trailing twelve months, Asia Technology Co generated revenue of 96.2B KRW at a net margin of 4.4%. Revenue declined 13.5% year over year. It earns a return on equity of 167.3%. Net debt stands at 18.2B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 2,628 KRW (bear case) to 3,874 KRW (bull case); at 1,676 KRW, the current price sits below 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 29% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -26% fair-value upside, at 101%, 050860 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
Residual Income 5,295 KRW 5,037 KRW 4,003 KRW 76
Growth DCF 7,304 KRW 9,432 KRW 13,092 KRW 72
Growth-Adj P/E 1,782 KRW 2,546 KRW 3,310 KRW 68
All 22 models by family
DCF Models
FCF DCF 7,045 KRW 9,236 KRW 13,318 KRW 38
Owner Earnings 2,136 KRW 2,416 KRW 2,937 KRW 31
5Y Revenue Exit 4,773 KRW 5,788 KRW 7,259 KRW 39
5Y EBITDA Exit 5,290 KRW 6,682 KRW 8,533 KRW 41
5Y P/E Exit 4,912 KRW 6,028 KRW 7,381 KRW 38
10Y Revenue Exit 5,565 KRW 6,414 KRW 7,277 KRW 36
10Y EBITDA Exit 5,934 KRW 6,969 KRW 8,030 KRW 37
10Y P/E Exit 5,705 KRW 6,563 KRW 7,349 KRW 35
Earnings-Based
Graham-Dodd 1,090 KRW 1,363 KRW 1,544 KRW 54
EPV 3,019 KRW 3,286 KRW 3,520 KRW 59
Multiples
P/E Multiple 2,524 KRW 3,365 KRW 4,207 KRW 63
P/S Multiple 2,043 KRW 2,724 KRW 3,405 KRW 58
P/B Multiple 2,043 KRW 2,724 KRW 3,405 KRW 55
EV/EBIT 4,374 KRW 5,360 KRW 6,345 KRW 53
EV/EBITDA 4,659 KRW 5,740 KRW 6,820 KRW 54
EV/Revenue 3,528 KRW 4,432 KRW 5,337 KRW 43
Asset-Based
NCAV (Graham) 3,750 KRW 5,025 KRW 7,500 KRW 50
Growth DCF
Growth DCF 7,304 KRW 9,432 KRW 13,092 KRW 72
Rev-Margin DCF 4,773 KRW 5,920 KRW 7,386 KRW 67
Economic Profit
Residual Income 5,295 KRW 5,037 KRW 4,003 KRW 76
ROIC Compounder 3,019 KRW 3,286 KRW 3,520 KRW 67
Growth Earnings
Growth-Adj P/E 1,782 KRW 2,546 KRW 3,310 KRW 68

Widest divergence: DCF Models (6,414 KRW) versus Earnings-Based (1,363 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 96.2B KRW
Revenue growth (YoY) -13.5%
Net margin 4.4%
Return on equity 167%
Free cash flow 10.0B KRW FY2025
Operating margin 5.9%
More key figures
Dividend yield 2.7%
Net debt 18.2B KRW FY2025

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

Quality Score breakdown

Overall quality 58/100

Of which business quality 56 · Market factors (momentum, volatility) 36

Profitability 25
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 65
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 78
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 9
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

Asia Technology Co., Ltd. develops, manufactures, and sells agricultural machinery in Korea and internationally. It offers cultivators, including multi-purpose cultivators, mini cultivators, and weeders; riding-type cultivators; and attachable implements comprising formers, vinyl mulchers, plows, reapers, soil restoration products, miracle rotaries, corn …

Full company description

Asia Technology Co., Ltd. develops, manufactures, and sells agricultural machinery in Korea and internationally. It offers cultivators, including multi-purpose cultivators, mini cultivators, and weeders; riding-type cultivators; and attachable implements comprising formers, vinyl mulchers, plows, reapers, soil restoration products, miracle rotaries, corn reapers, chippers, vibration pressure ridgers, formers and mulchers, rotary tillers, and distributors, as well as tilling, ditching, and hammer rotors. The company also provides various speed sprayers, balers, rice transplanters, and power sprayers. Asia Technology Co., Ltd. was founded in 1945 and is based in Daegu, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Asia Technology Co reported revenue of 113B KRW in FY2025 versus 107B KRW in FY2021, a compound +1.5%/yr. Reported net income was 2.8B KRW in FY2025, compounding −12.7%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
113B KRW
Latest YoY
−8.5%
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.
−6.3%
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.
+0.1%
Avg. growth/yr (13Y) 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.
+0.5%
Revenue +1.5%/yr
FY21 107B KRW
FY22 138B KRW
FY23 124B KRW
FY24 124B KRW
FY25 113B KRW
Net income −12.7%/yr
FY21 4.8B KRW
FY22 11.8B KRW
FY23 9.6B KRW
FY24 4.6B KRW
FY25 2.8B KRW

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Cite: Fair Value Calculator (2026). "Asia Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/050860

Peer Group

Machinery, Tools, Heavy Vehicles, Trains & Ships · 35 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 58 · Above median
Fair Value upside +101% · Top 25%
Return on equity (TTM) 167% · Above median
Return on assets 3% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 6% · Above median
Revenue growth -14% · Bottom 25%
Dividend yield (TTM) 2.7% · Top 25%

Valuation Multiples vs Machinery, Tools, Heavy Vehicles, Trains & Ships median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers

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 100 · sector 37
FUTURE 0 · sector 70
PAST 100 · sector 100
HEALTH 0 · sector 99
DIVIDEND 54 · sector 27

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 Machinery, Tools, Heavy Vehicles, Trains & Ships stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
NIBE Industrier AB NIBEB CHF 3.05 CHF 2.24 -26%
SPG Co 058610 74,000 KRW 9,187 KRW -88%
BHI Co 083650 48,350 KRW 35,822 KRW -26%
VITZROCELL Co 082920 28,900 KRW 23,575 KRW -18%
Sungho Electronics Corp 043260 17,830 KRW 10,608 KRW -41%
SKF India Limited 500472 ₹1,480 ₹695.28 -53%
Hyulim ROBOT Co 090710 6,040 KRW 715.59 KRW -88%
Tae Kwang Corporation 023160 21,500 KRW 25,470 KRW +18%
522275 522275 ₹4,394 ₹3,006 -32%
Bosung Power Technology Co 006910 6,060 KRW 8,549 KRW +41%

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Frequently asked questions

Is Asia Technology Co (050860) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 3,370 KRW versus a price of 1,676 KRW, about +101% (undervalued).
What is the fair value of 050860?
Our model-based fair value for Asia Technology Co is 3,370 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 1,676 KRW.
What is the quality score of 050860?
Asia Technology Co has a Quality Score of 58/100. 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 Asia Technology Co (050860)?
Asia Technology Co reported trailing-twelve-month revenue of about 96.2B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 050860?
The net profit margin of Asia Technology Co is about 4.4%, meaning it keeps roughly 4.4% of revenue as net income. Based on the latest reported figures.
Does Asia Technology Co pay a dividend?
Asia Technology Co currently shows a dividend yield of about 1.41% relative to its recent price (as of Jul 22, 2026).

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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