AhnLab Inc (053800) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of AhnLab Inc stock KRW 95,127, price KRW 99,100, that is 4.0% below the price, quality 74 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range 48,997 KRW – 163,003 KRW · fair‑value band 66,138 KRW – 124,771 KRW · the 99,100 KRW price screens above the 95,127 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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AhnLab, Inc. provides information security solutions and services for consumers, enterprises, and small and medium businesses worldwide.
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It offers AhnLab XDR, a cloud-based and SaaS-delivered platform that collects and analyzes logs from various systems and helps customers to manage cyber risks; AhnLab MDS, an advanced persistent threat protection solution; and AhnLab CPP, a cloud workload protection platform.
It also provides AhnLab EPP, an endpoint protection platform for optimized interoperation and integrated management of various security functions; AhnLab EDR, an endpoint detection and response solution that monitors endpoints for threat detection, analysis, and response; V3 Endpoint Security, an endpoint security solution; and V3Net for Windows Server, an integrated security solution to protect computer and personal information by detecting and repairing malicious security threats, as well as blocking hack attacks.
In addition, the company offers V3 Mobile Security, a mobile solution for anti-malware, anti-theft, and privacy protection; AhnLab EPS, a control and management tool to protect critical infrastructures from malicious threats; AhnLab Xcanner, a manual and scan-based malware detection and remediation program that detects and deletes malware in fixed function systems; and AhnLab TS Engine Suite, an integrative engine that offers response to a range of security threats.
Further, it provides network security solutions, such as AhnLab TrusGuard DPX, a protection solution for anti- distributed denial of service (DDoS); AhnLab TrusGuard, a solution that integrates firewall, IPS, VPN, anti-virus, anti-spam security, and DLP to protect the business environment; AhnLab AIPS, an advanced network intrusion prevention solution; and AhnLab TMS, a network threat management platform.
Additionally, the company offers managed security, IT security consulting, and forensic services. AhnLab, Inc. was founded in 1995 and is headquartered in Seongnam-si, South Korea.
Stock analysis
AhnLab Inc (053800) currently trades at 99,100 KRW, while our model-based Fair Value estimate is 95,127 KRW, so the stock looks roughly fairly valued today (gap 4.2%).
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 146,005 KRW per share, and 8 of the 26 models we run sit above the 99,100 KRW price.
Bear case: the Dividend Discount group reads lowest at 17,904 KRW, and 18 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 66,138 KRW (bear) to 124,771 KRW (bull), the price of 99,100 KRW sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 74/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
AhnLab Inc reported revenue of 268B KRW in FY2025 versus 207B KRW in FY2021, a compound +6.6%/yr. Reported net income was 54.3B KRW in FY2025, compounding +6.5%/yr from FY2021.
Key figures
Market cap 945B KRW (≈ $699M) Small · P/E ratio 14.5 · P/S ratio 3.39 · EPS (TTM) 5,536 KRW · Dividend yield 1.4% · Net margin 17.9% · Return on equity 12.3% · Return on assets (EBIT) 6.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 64 out of 100 (medium confidence).
What moves the price
The share trades about 16% below its 52-week high and 92% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −11% fair-value upside, at −4%, 053800 screens cheaper than that median.
Fair Value models
Bear66,138 KRWFair Value 95,127 KRWBull124,771 KRW
Price 99,100 KRW · Downside -4.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (3,547 KRW per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+2.7%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.5%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+8.5%
Start year 2020 (pandemic). Over 10 years: +7.1% a year
Revenue growth 22 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+9.7%
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What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +10.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.8%
Dividend (yield on the price)1.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.20.9% vs 13.0%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.11% → 12%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Rate on operating basis: 2025 sits 62% above its own trend.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+5.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +3.3% a year for the price.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Software - Infrastructure · 346 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score74 · Top 25%
Fair Value upside−4.0% · Above median
Profitability
Return on equity (12 months)12.3% · Above median
Return on assets11.1% · Top 25%
Net margin (12 months)17.9% · Top 25%
Operating margin (12 months)7.6% · Above median
Growth and dividend
Revenue growth (quarter YoY)14.5% · Above median
Dividend yield (12 months)1.4% · Below median
Valuation Multiplesvs Software - Infrastructure median · lower = cheaper
P/E (12 months)14.5× · Cheaper than median
P/B2.53× · Pricier than median
P/S (12 months)3.39× · Pricier than median
Price / free cash flow (fiscal year)16.2× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "AhnLab Inc Fair Value". https://www.fairvalue-calculator.com/stock/053800
Frequently asked questions
Is AhnLab Inc (053800) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 95,127 KRW versus a price of 99,100 KRW, about 4% lower (fairly valued).
What is the fair value of 053800?
Our model-based fair value for AhnLab Inc is 95,127 KRW (as of Nov 5, 2026), built from audited fundamentals. The current price: 99,100 KRW.
What is the quality score of 053800?
AhnLab Inc has a Quality Score of 74/100. 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 price target for AhnLab Inc (053800)?
Our model-based price target is the fair value of 95,127 KRW (as of Nov 5, 2026) from 26 valuation models. Cautious scenario 66,138 KRW, optimistic scenario 124,771 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the AhnLab Inc stock forecast for 2026?
Our models put fair value at 95,127 KRW, about 4% lower versus a price of 99,100 KRW (fairly valued). Cautious scenario 66,138 KRW, optimistic scenario 124,771 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of AhnLab Inc (053800)?
AhnLab Inc reported trailing-twelve-month revenue of about 279B KRW (latest available figure, as of Nov 5, 2026).
Does AhnLab Inc pay a dividend?
AhnLab Inc currently shows a dividend yield of 1.41% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of AhnLab Inc (053800) and when is the ex-dividend date?
AhnLab Inc pays a dividend of 1,400 KRW per share a year, a dividend yield of 1.4%. The last ex-dividend date was Dec 29, 2025. A dividend has been paid every year since 2004. The payout ratio is 25.3% of earnings. Free cash flow covers the dividend 4.63 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into AhnLab Inc (053800)?
For today's price to be fair in a discounted-cash-flow model, AhnLab Inc would have to grow free cash flow by +5.4 % per year for five years (discount rate 11.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +8.5 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of 053800 use?
Our models discount AhnLab Inc at 11.1 %: a base by market capitalisation (small), damped by beta 0.81, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For AhnLab Inc that is +5.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.1 %) and the same formula as our fair value.
How much growth has AhnLab Inc (053800) delivered so far?
Over the past 5 years revenue at AhnLab Inc grew +8.5 % a year. The price currently implies free-cash-flow growth of +5.4 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of AhnLab Inc (053800) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into AhnLab Inc (+5.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of AhnLab Inc (053800)?
The free-cash-flow yield on the price is 6.17 %: that much free cash flow AhnLab Inc produces per unit of market value. When it exceeds the discount rate of our models (11.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of AhnLab Inc (053800)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For AhnLab Inc it is 95,127 KRW per share (as of Nov 5, 2026), against a price of 99,100 KRW. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is AhnLab Inc stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 053800 trades above its calculated fair value: price 99,100 KRW, fair value 95,127 KRW, a gap of about −4% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 053800?
No. The price is what the market pays today (99,100 KRW); the fair value is what the company's own numbers justify (95,127 KRW). For AhnLab Inc the two are 3,973 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is AhnLab Inc worth?
The market values AhnLab Inc at about 945B KRW (market capitalisation, as of Nov 5, 2026). Per share that is 99,100 KRW; our models calculate a fair value of 95,127 KRW per share.
What do the bullish and bearish scenarios say about 053800?
Our models span a range for AhnLab Inc: cautious scenario 66,138 KRW, base 95,127 KRW, optimistic 124,771 KRW per share (as of Nov 5, 2026, price 99,100 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 053800?
AhnLab Inc trades at a price-to-earnings ratio of 14.5 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 95,127 KRW is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 24.5. Other multiples: P/B 2.5, P/S 3.4, EV/EBITDA 19.2.
How solid is the balance sheet of AhnLab Inc (053800)?
Balance-sheet figures for AhnLab Inc (as of Nov 5, 2026): return on equity 12.3%. They feed the Quality Score of 74/100, which measures business quality independently of the share price.
How far is 053800 from its 52-week high?
AhnLab Inc trades at 99,100 KRW, about 16% below its 52-week high of 118,100 KRW and 92% above the low of 51,500 KRW (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 95,127 KRW is for.
Which stocks are comparable to AhnLab Inc?
From the same area (Technology) we also value Microsoft Corporation, Oracle Corporation, Palantir Technologies Inc, Palo Alto Networks, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is AhnLab Inc stock attractive at the current price?
The data as of Nov 5, 2026: price 99,100 KRW, calculated fair value 95,127 KRW (−4%), Quality Score 74/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 053800 calculated?
We run AhnLab Inc through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 95,127 KRW builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. AhnLab Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of AhnLab Inc (053800)?
The closing price on Nov 6, 2026 was 99,100 KRW. Our model-based fair value is 95,127 KRW, about 4% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with AhnLab Inc right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (66,138 KRW to 124,771 KRW) leaves room in how you read the outcome.
Key figures of AhnLab Inc
How large is the market capitalisation of AhnLab Inc (053800)?
The market capitalisation of AhnLab Inc is 945B KRW (≈ $699M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of AhnLab Inc (053800)?
The price-to-sales ratio of AhnLab Inc is 3.39 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of AhnLab Inc (053800)?
Earnings per share at AhnLab Inc are 5,536 KRW (price ÷ EPS = P/E 14.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of AhnLab Inc (053800)?
The dividend yield of AhnLab Inc is 1.4% (payout 25.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of AhnLab Inc (053800)?
The net margin of AhnLab Inc is 17.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of AhnLab Inc (053800)?
The return on equity (ROE) of AhnLab Inc is 12.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of AhnLab Inc (053800)?
On an EBIT basis the return on assets of AhnLab Inc is 6.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of AhnLab Inc (053800)?
The operating margin of AhnLab Inc is 7.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at AhnLab Inc (053800)?
Revenue at AhnLab Inc is growing +14.5% versus a year earlier (3y avg +5.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at AhnLab Inc (053800)?
Earnings per share at AhnLab Inc are growing −42.1% versus a year earlier. How much earnings per share grew versus a year earlier.
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Broad data
Nov 5, 2026