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Protec Co (053610) Fair Value & Analysis

Technology · KR · Market cap 599B KRW

PC Protec Co 053610 · KQ
Price59,900 KRW
Fair Value59,347 KRW
Upside-0.9%
Quality66/100
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Expensive Growth
Highly profitable · 23.3% net margin
Low debt · negative free cash flow
0.60% dividend yield
Ranks above peers (8/9)
Wide moat 72/100
Evidence: High Range 44,510 KRW – 74,184 KRW Share as image

Fair value as of: Jul 20, 2026

From 17 valuation models · updated 20 days ago

Fair value updated Jul 20, 2026, revised from 89,980 KRW to 59,347 KRW (−34.0%) since Jul 6, 2026. Share price +1.9% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 44,510 KRW (bear) to 74,184 KRW (bull), base 59,347 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 66/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

96,400 KRW 18,483 KRW Fair Value 59,347 KRW Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 18,483 KRW – 96,400 KRW · fair‑value band 44,510 KRW – 74,184 KRW · the 59,900 KRW price screens above the 59,347 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

Protec Co (053610) currently trades at 59,900 KRW, while our model-based Fair Value estimate is 59,347 KRW, implying the stock looks roughly 0.9% fairly valued today. The Quality Score stands at 66/100 (solid 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: high).

Over the trailing twelve months, Protec Co generated revenue of 263B KRW at a net margin of 23.3%. Revenue grew 105.3% year over year. It earns a return on equity of 15.0%. Fundamentals as of Jul 20, 2026

Our scenario range runs from 44,510 KRW (bear case) to 74,184 KRW (bull case); at 59,900 KRW, the current price sits within 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 41% below its 52-week high and 156% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -75% fair-value upside, at -1%, 053610 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 BearBaseBull Evidence
Highest evidence
Residual Income 38,020 KRW 50,394 KRW 155,537 KRW 76
ROIC Compounder 40,607 KRW 56,120 KRW 71,731 KRW 72
Gordon GGM 3,848 KRW 8,400 KRW 14,133 KRW 70
All 17 models by family
DCF Models
Owner Earnings 35,008 KRW 64,670 KRW 120,783 KRW 31
Earnings-Based
Graham-Dodd 35,992 KRW 183,517 KRW 253,547 KRW 54
Lynch FV 49,944 KRW 71,349 KRW 92,754 KRW 50
PEG = 1.0 49,944 KRW 71,349 KRW 92,754 KRW 46
EPV 39,869 KRW 46,257 KRW 51,936 KRW 59
Dividend Discount
Gordon GGM 3,848 KRW 8,400 KRW 14,133 KRW 70
DDM Multi-Stage 3,848 KRW 6,881 KRW 8,754 KRW 61
Multiples
P/E Multiple 79,394 KRW 105,859 KRW 132,324 KRW 63
P/S Multiple 48,030 KRW 64,040 KRW 80,050 KRW 58
P/B Multiple 67,485 KRW 89,980 KRW 112,475 KRW 55
EV/EBIT 73,129 KRW 96,282 KRW 119,436 KRW 53
EV/EBITDA 63,230 KRW 83,083 KRW 102,937 KRW 54
EV/Revenue 48,496 KRW 67,708 KRW 86,920 KRW 43
Asset-Based
NCAV (Graham) 19,369 KRW 25,955 KRW 38,739 KRW 50
Economic Profit
Residual Income 38,020 KRW 50,394 KRW 155,537 KRW 76
ROIC Compounder 40,607 KRW 56,120 KRW 71,731 KRW 72
Growth Earnings
Growth-Adj P/E 73,591 KRW 105,131 KRW 136,670 KRW 68

Widest divergence: Growth Earnings (105,131 KRW) versus Dividend Discount (6,881 KRW). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 263B KRW
Revenue growth (YoY) +105%
Net margin 23.3%
Return on equity 15.0%
Free cash flow −6.8B KRW FY2025
Operating margin 24.7%
More key figures
Dividend yield 0.6%
EPS growth (YoY) +284%

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 62 · Market factors (momentum, volatility) 53

Profitability 54
Margins and returns on capital today
Quality Growth 96
Are margins and returns improving?
Cashflow 17
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 46
Disciplined investing over empire-building
Low Volatility 4
Calm price path (market factor)
Momentum 74
Price trend over the last 3–12 months (market factor)
52W Momentum 73
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

Protec Co., Ltd. manufactures and sells semiconductor packaging equipment and automated pneumatic parts in South Korea. The company provides dispensers, precision attachment systems, laser assisted bonders, and micro SBM products. Protec Co., Ltd. was incorporated in 1997 and is headquartered in Anyang-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Protec Co reported revenue of 231B KRW in FY2025 versus 174B KRW in FY2021, a compound +7.3%/yr. Reported net income was 47.6B KRW in FY2025, compounding +0.2%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
231B KRW
Latest YoY
+35.4%
Avg. growth/yr (3Y)
+5.1%
Avg. growth/yr (5Y)
+21.7%
Avg. growth/yr (13Y)
+8.4%
Revenue +7.3%/yr
FY21 174B KRW
FY22 199B KRW
FY23 156B KRW
FY24 170B KRW
FY25 231B KRW
Net income +0.2%/yr
FY21 47.2B KRW
FY22 43.5B KRW
FY23 20.6B KRW
FY24 21.7B KRW
FY25 47.6B KRW

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Cite: Fair Value Calculator (2026). "Protec Co Fair Value". https://www.fairvalue-calculator.com/stock/053610

Peer Group

Semiconductor Equipment & Materials · 211 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 66 · Top 25%
Fair Value upside −1% · Top 25%
Return on equity (TTM) 15% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 23% · Top 25%
Operating margin (TTM) 25% · Top 25%
Revenue growth 105% · Top 25%
Dividend yield (TTM) 0.6% · Below median
Debt / equity 0.07× · Lower than 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.

VALUE 32 · sector 0
FUTURE 100 · sector 58
PAST 60 · sector 30
HEALTH 96 · sector 96
DIVIDEND 12 · sector 16

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 Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASML C$50.50 C$15.57 -69%
Applied Materials, Inc AMAT $579.43 $143.08 -75%
Lam Research Corporation LRCX $346.10 $67.57 -80%
KLA Corporation KLAC $212.75 $53.01 -75%
NAURA Technology Group 002371 ¥774.20 ¥151.43 -80%
Advanced Micro-Fabrication Equipment Inc 688012 ¥350.69 ¥41.79 -88%
Piotech Inc 688072 ¥832.00 ¥431.44 -48%
Hon. Precision, Inc 7769 6,005 TWD 1,804 TWD -70%
Hangzhou Changchuan Technology Co 300604 ¥325.24 ¥33.33 -90%
MPI Corporation 6223 5,600 TWD 609.44 TWD -89%

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Frequently asked questions

Is Protec Co (053610) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 59,347 KRW versus a price of 59,900 KRW, about −1% (fairly valued).
What is the fair value of 053610?
Our model-based fair value for Protec Co is 59,347 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 59,900 KRW.
What is the quality score of 053610?
Protec Co has a Quality Score of 66/100. 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 Protec Co (053610)?
Protec Co reported trailing-twelve-month revenue of about 263B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 053610?
The net profit margin of Protec Co is about 23.3%, meaning it keeps roughly 23.3% of revenue as net income. Based on the latest reported figures.
Does Protec Co pay a dividend?
Protec Co currently shows a dividend yield of about 0.47% relative to its recent price (as of Jul 20, 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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