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Korea Information Certificate Authority, Inc (053300) Fair Value & Analysis

Technology · KR · Market cap 168B KRW

KI Korea Information Certificate Authority, Inc 053300 · KQ
Price4,630 KRW
Fair Value11,338 KRW
Upside+144.9%
Quality65/100
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Mixed Growth
Solidly profitable · 13.9% net margin
Low debt · generates free cash flow
4.84% dividend yield
Ranks above peers (9/10)
Moderate moat 59/100
Evidence: Medium Range 7,307 KRW – 14,621 KRW Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Share price +7.8% over the past month.

A solid business, screening 145% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (7,307 KRW). The market is more pessimistic than our downside scenario.
  • Solid quality (65/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (7,307 KRW to 14,621 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

9,843 KRW 3,486 KRW Fair Value 11,338 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 3,486 KRW – 9,843 KRW · fair‑value band 7,307 KRW – 14,621 KRW · the 4,630 KRW price screens below the 11,338 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

Korea Information Certificate Authority, Inc (053300) currently trades at 4,630 KRW, while our model-based Fair Value estimate is 11,338 KRW, implying the stock looks roughly 144.9% undervalued today. The Quality Score stands at 65/100 (solid 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: medium), always confirm before acting.

Over the trailing twelve months, Korea Information Certificate Authority, Inc generated revenue of 140B KRW at a net margin of 13.9%. Revenue grew 5.7% year over year. It earns a return on equity of 9.4%. Net debt stands at 20.7B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 7,307 KRW (bear case) to 14,621 KRW (bull case); at 4,630 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 56% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at 145%, 053300 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
Growth DCF 5,389 KRW 10,569 KRW 18,843 KRW 80
Residual Income 4,833 KRW 5,925 KRW 13,648 KRW 76
Rev-Margin DCF 6,333 KRW 11,815 KRW 19,545 KRW 74
All 24 models by family
DCF Models
FCF DCF 5,539 KRW 9,766 KRW 20,560 KRW 38
Owner Earnings 12,819 KRW 26,009 KRW 51,640 KRW 31
5Y Revenue Exit 6,333 KRW 12,103 KRW 20,464 KRW 39
5Y EBITDA Exit 7,938 KRW 15,695 KRW 26,145 KRW 41
5Y P/E Exit 8,568 KRW 17,103 KRW 27,660 KRW 38
10Y Revenue Exit 5,826 KRW 11,404 KRW 21,089 KRW 36
10Y EBITDA Exit 7,158 KRW 14,165 KRW 26,246 KRW 37
10Y P/E Exit 7,590 KRW 15,248 KRW 27,622 KRW 35
Earnings-Based
Graham-Dodd 4,457 KRW 26,696 KRW 37,204 KRW 54
Lynch FV 7,606 KRW 10,866 KRW 14,126 KRW 50
PEG = 1.0 7,606 KRW 10,866 KRW 14,126 KRW 46
EPV 6,272 KRW 7,239 KRW 8,086 KRW 59
Multiples
P/E Multiple 9,831 KRW 13,107 KRW 16,384 KRW 63
P/S Multiple 6,498 KRW 8,664 KRW 10,830 KRW 58
P/B Multiple 8,356 KRW 11,141 KRW 13,927 KRW 55
EV/EBIT 9,610 KRW 12,658 KRW 15,705 KRW 53
EV/EBITDA 9,358 KRW 12,322 KRW 15,286 KRW 54
EV/Revenue 6,531 KRW 9,130 KRW 11,730 KRW 43
Asset-Based
NCAV (Graham) 2,553 KRW 3,422 KRW 5,107 KRW 50
Growth DCF
Growth DCF 5,389 KRW 10,569 KRW 18,843 KRW 80
Rev-Margin DCF 6,333 KRW 11,815 KRW 19,545 KRW 74
Economic Profit
Residual Income 4,833 KRW 5,925 KRW 13,648 KRW 76
ROIC Compounder 7,044 KRW 10,102 KRW 12,852 KRW 72
Growth Earnings
Growth-Adj P/E 10,820 KRW 15,457 KRW 20,094 KRW 68

Widest divergence: Growth Earnings (15,457 KRW) versus Asset-Based (3,422 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 140B KRW
Revenue growth (YoY) +5.7%
Net margin 13.9%
Return on equity 9.4%
Free cash flow 14.0B KRW FY2025
Operating margin 25.7%
More key figures
Dividend yield 3.7%
EPS growth (YoY) -51.3%
Net debt 20.7B KRW FY2025

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

Quality Score breakdown

Overall quality 65/100

Of which business quality 61 · Market factors (momentum, volatility) 19

Profitability 50
Margins and returns on capital today
Quality Growth 78
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 5
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 92
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

Korea Information Certificate Authority, Inc. provides certification and authentication services worldwide. Its solutions include public key infrastructure, document signing, and bio authentication. The company was founded in 1999 and is headquartered in Seongnam-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Korea Information Certificate Authority, Inc reported revenue of 138B KRW in FY2025 versus 58.9B KRW in FY2021, a compound +23.8%/yr. Reported net income was 26.2B KRW in FY2025, compounding +20.1%/yr from FY2021.

Growth Quality 86/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
138B KRW
Latest YoY
+13.6%
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.
+16.4%
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.
+24.8%
Avg. growth/yr (12Y) 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.
+13.8%
Revenue +23.8%/yr
FY21 58.9B KRW
FY22 87.8B KRW
FY23 92.2B KRW
FY24 122B KRW
FY25 138B KRW
Net income +20.1%/yr
FY21 12.6B KRW
FY22 6.2B KRW
FY23 9.3B KRW
FY24 11.2B KRW
FY25 26.2B KRW

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Cite: Fair Value Calculator (2026). "Korea Information Certificate Authority, Inc Fair Value". https://www.fairvalue-calculator.com/stock/053300

Peer Group

Information Technology Services · 475 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 65 · Top 25%
Fair Value upside +145% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 5% · Above median
Net margin (TTM) 14% · Top 25%
Operating margin (TTM) 26% · Top 25%
Revenue growth 6% · Below median
Dividend yield (TTM) 4.8% · Top 25%
Debt / equity 0.05× · Lower than median

Valuation Multiples vs Information Technology Services 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 21
FUTURE 29 · sector 31
PAST 37 · sector 37
HEALTH 98 · sector 97
DIVIDEND 97 · sector 37

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is Korea Information Certificate Authority, Inc (053300) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 11,338 KRW versus a price of 4,630 KRW, about +145% (undervalued).
What is the fair value of 053300?
Our model-based fair value for Korea Information Certificate Authority, Inc is 11,338 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 4,630 KRW.
What is the quality score of 053300?
Korea Information Certificate Authority, Inc has a Quality Score of 65/100. 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 Korea Information Certificate Authority, Inc (053300)?
Korea Information Certificate Authority, Inc reported trailing-twelve-month revenue of about 140B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 053300?
The net profit margin of Korea Information Certificate Authority, Inc is about 13.9%, meaning it keeps roughly 13.9% of revenue as net income. Based on the latest reported figures.
Does Korea Information Certificate Authority, Inc pay a dividend?
Korea Information Certificate Authority, Inc currently shows a dividend yield of about 3.68% 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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