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NHN KCP Corp (060250) Fair Value & Analysis

Technology · KR · Market cap 462B KRW

NK NHN KCP Corp 060250 · KQ
Price14,140 KRW
Fair Value25,230 KRW
Upside+78.4%
Quality70/100
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Healthy Growth
Thin margins · 4.0% net margin
Low debt · generates free cash flow
2.16% dividend yield
Ranks above peers (10/10)
Narrow moat 43/100
Evidence: High Range 18,922 KRW – 31,537 KRW Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Share price +9.5% over the past month.

A solid business, screening 78% undervalued on our models.

What matters now

  • The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (18,922 KRW). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

35,804 KRW 6,522 KRW Fair Value 25,230 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 6,522 KRW – 35,804 KRW · fair‑value band 18,922 KRW – 31,537 KRW · the 14,140 KRW price screens below the 25,230 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

NHN KCP Corp (060250) currently trades at 14,140 KRW, while our model-based Fair Value estimate is 25,230 KRW, implying the stock looks roughly 78.4% undervalued today. The Quality Score stands at 70/100 (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: high), always confirm before acting.

Over the trailing twelve months, NHN KCP Corp generated revenue of 1.3T KRW at a net margin of 4.0%. Revenue grew 22.7% year over year. It earns a return on equity of 18.2%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 18,922 KRW (bear case) to 31,537 KRW (bull case); at 14,140 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 45% below its 52-week high and 61% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at 78%, 060250 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 89,474 KRW 178,453 KRW 350,056 KRW 80
Residual Income 8,315 KRW 11,006 KRW 34,925 KRW 76
Rev-Margin DCF 42,714 KRW 61,982 KRW 89,617 KRW 74
All 24 models by family
DCF Models
FCF DCF 92,346 KRW 158,945 KRW 343,992 KRW 38
Owner Earnings 29,677 KRW 53,915 KRW 105,018 KRW 31
5Y Revenue Exit 42,714 KRW 60,522 KRW 87,112 KRW 39
5Y EBITDA Exit 43,909 KRW 63,182 KRW 90,523 KRW 41
5Y P/E Exit 46,074 KRW 69,602 KRW 97,421 KRW 38
10Y Revenue Exit 56,454 KRW 82,453 KRW 114,984 KRW 36
10Y EBITDA Exit 57,846 KRW 84,653 KRW 126,089 KRW 37
10Y P/E Exit 59,384 KRW 88,638 KRW 132,681 KRW 35
Earnings-Based
Graham-Dodd 8,170 KRW 52,792 KRW 73,838 KRW 54
Lynch FV 15,323 KRW 21,890 KRW 28,457 KRW 50
PEG = 1.0 15,323 KRW 21,890 KRW 28,457 KRW 46
EPV 22,775 KRW 25,040 KRW 27,053 KRW 59
Multiples
P/E Multiple 18,922 KRW 25,230 KRW 31,537 KRW 63
P/S Multiple 15,318 KRW 20,424 KRW 25,530 KRW 58
P/B Multiple 15,318 KRW 20,424 KRW 25,530 KRW 55
EV/EBIT 28,429 KRW 34,592 KRW 40,754 KRW 53
EV/EBITDA 25,781 KRW 31,061 KRW 36,341 KRW 54
EV/Revenue 23,137 KRW 28,792 KRW 34,447 KRW 43
Asset-Based
NCAV (Graham) 3,905 KRW 5,233 KRW 7,810 KRW 50
Growth DCF
Growth DCF 89,474 KRW 178,453 KRW 350,056 KRW 80
Rev-Margin DCF 42,714 KRW 61,982 KRW 89,617 KRW 74
Economic Profit
Residual Income 8,315 KRW 11,006 KRW 34,925 KRW 76
ROIC Compounder 22,775 KRW 25,040 KRW 27,053 KRW 72
Growth Earnings
Growth-Adj P/E 21,590 KRW 30,843 KRW 40,096 KRW 68

Widest divergence: DCF Models (69,602 KRW) versus Asset-Based (5,233 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.3T KRW
Revenue growth (YoY) +22.7%
Net margin 4.0%
Return on equity 18.2%
Free cash flow 195B KRW FY2025
Operating margin 4.0%
More key figures
Dividend yield 1.7%
EPS growth (YoY) +63.6%

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

Quality Score breakdown

Overall quality 70/100

Of which business quality 72 · Market factors (momentum, volatility) 11

Profitability 53
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 83
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 13
Calm price path (market factor)
Momentum 5
Price trend over the last 3–12 months (market factor)
52W Momentum 19
Distance to the 52-week high (market factor)
Net Issuance 96
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

NHN KCP Corp. develops and provides electronic payment services, and related software and solutions in South Korea. The company offers online payment services, such as credit cards, account transfers, virtual accounts, mobile phones, gift certificates, ARS payments, automatic payments, OK cashbag points, etc.

Full company description

NHN KCP Corp. develops and provides electronic payment services, and related software and solutions in South Korea. The company offers online payment services, such as credit cards, account transfers, virtual accounts, mobile phones, gift certificates, ARS payments, automatic payments, OK cashbag points, etc. It also provides offline payment modes through card terminals, kiosk, POS, readers, and integrated and signature pads; mobile phone identity verification application; cash receipts; differentiated payment services, including KCP pay, BUY LINK, Cherry Force, Mobile meal ticket service, PAYCO order, golf driving range solution, and pharmaceutical payment/distribution payment app; and extra services through applications, such as escrow and decision manager, as well as payment agency services. The company also provides online and offline VAN services. NHN KCP Corp. was founded in 1994 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NHN KCP Corp reported revenue of 1.2T KRW in FY2025 versus 745B KRW in FY2021, a compound +13.5%/yr. Reported net income was 45.3B KRW in FY2025, compounding +10.5%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.2T KRW
Latest YoY
+11.7%
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.
+14.5%
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.
+14.6%
Avg. growth/yr (14Y) 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.
+18.6%
Revenue +13.5%/yr
FY21 745B KRW
FY22 823B KRW
FY23 972B KRW
FY24 1.1T KRW
FY25 1.2T KRW
Net income +10.5%/yr
FY21 30.4B KRW
FY22 34.9B KRW
FY23 35.3B KRW
FY24 45.2B KRW
FY25 45.3B KRW

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Cite: Fair Value Calculator (2026). "NHN KCP Corp Fair Value". https://www.fairvalue-calculator.com/stock/060250

Peer Group

Software - Infrastructure · 370 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 70 · Top 25%
Fair Value upside +78% · Top 25%
Return on equity (TTM) 18% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 4% · Above median
Operating margin (TTM) 4% · Above median
Revenue growth 23% · Above median
Dividend yield (TTM) 2.2% · Above median

Valuation Multiples vs Software - Infrastructure 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 0
FUTURE 100 · sector 46
PAST 73 · sector 15
HEALTH 100 · sector 98
DIVIDEND 43 · sector 28

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 Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $384.00 $274.17 -29%
Oracle Corporation ORAC C$9.08 C$2.94 -68%
Fortinet, Inc FTNT $160.78 $44.96 -72%
Synopsys, Inc 1SNPS €354.50 €93.61 -74%
Block, Inc XYZ A$114.53 A$70.69 -38%
CoreWeave, Inc CRWV $79.94 $44.89 -44%
Range Intelligent Computing Technology Group 300442 ¥71.60 ¥34.00 -53%
Oracle Financial Services Software Limited OFSS ₹11,651 ₹5,821 -50%
360 Security Technology Inc 601360 ¥9.64 ¥5.05 -48%
One97 Communications Limited PAYTM ₹1,342 ₹181.50 -86%

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Frequently asked questions

Is NHN KCP Corp (060250) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 25,230 KRW versus a price of 14,140 KRW, about +78% (undervalued).
What is the fair value of 060250?
Our model-based fair value for NHN KCP Corp is 25,230 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 14,140 KRW.
What is the quality score of 060250?
NHN KCP Corp has a Quality Score of 70/100. 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 NHN KCP Corp (060250)?
NHN KCP Corp reported trailing-twelve-month revenue of about 1.3T KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 060250?
The net profit margin of NHN KCP Corp is about 4.0%, meaning it keeps roughly 4.0% of revenue as net income. Based on the latest reported figures.
Does NHN KCP Corp pay a dividend?
NHN KCP Corp currently shows a dividend yield of about 1.72% 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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