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3S KOREA Co. Ltd (060310) Fair Value & Analysis

Technology · KR · Market cap 60.5B KRW (≈ $42.3M) · ISIN KR7060310000

What is 3S KOREA Co. Ltd really worth?

3K 3S KOREA Co. Ltd 060310 · KQ
Price1,120 KRW
Fair Value759.24 KRW
Upside−32.2%
Quality60/100

A solid business, but trading 48% above our fair value of 759.24 KRW.

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Strengths

Low debt · generates free cash flow

Risks

!Weak Growth (revenue 5y +3.9 %/yr)
!Thin margins · 4.1% net margin
!Trails peers (3/8)
!Narrow moat 21/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range 521.17 KRW – 997.31 KRW

Fair value as of: Aug 28, 2026

From 7 valuation models · updated 7 days ago

Share price +8.7% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (997.31 KRW). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (521.17 KRW to 997.31 KRW) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

4,590 KRW 850.00 KRW Fair Value 759.24 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 28, 2026.

How to read this chart

60‑month range 850.00 KRW – 4,590 KRW · fair‑value band 521.17 KRW – 997.31 KRW · the 1,120 KRW price screens above the 759.24 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 28, 2026.

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Analysis

3S KOREA Co. Ltd (060310) currently trades at 1,120 KRW, while our model-based Fair Value estimate is 759.24 KRW, implying the stock looks roughly 47.5% overvalued today. The Quality Score stands at 60/100 (solid quality), in the Technology sector. Bull case: the Growth DCF group reads highest at a median of 923.82 KRW per share, and 0 of the 7 models we run sit above the 1,120 KRW price. Bear case: the Asset-Based group reads lowest at 667.85 KRW, and 7 of the 7 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, 3S KOREA Co. Ltd generated revenue of 37.4B KRW at a net margin of 4.1%. Revenue grew 56.7% year over year. Net debt stands at 1.5B KRW. Fundamentals as of Aug 28, 2026

Our scenario range runs from 521.17 KRW (bear case) to 997.31 KRW (bull case); at 1,120 KRW, the current price sits above 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 and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −56% fair-value upside, at −32%, 060310 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF 734.86 KRW 964.80 KRW 1,370 KRW 78
Growth DCF 758.29 KRW 980.78 KRW 1,346 KRW 77
5Y Revenue Exit 667.76 KRW 913.23 KRW 1,255 KRW 71
All 7 models by family
DCF Models
FCF DCF 734.86 KRW 964.80 KRW 1,370 KRW 78
5Y Revenue Exit 667.76 KRW 913.23 KRW 1,255 KRW 71
10Y Revenue Exit 672.81 KRW 892.25 KRW 1,145 KRW 66
Multiples
EV/Revenue 668.10 KRW 906.17 KRW 1,144 KRW 54
Asset-Based
NCAV (Graham) 498.39 KRW 667.85 KRW 996.79 KRW 54
Growth DCF
Growth DCF 758.29 KRW 980.78 KRW 1,346 KRW 77
Rev-Margin DCF 667.76 KRW 923.82 KRW 1,230 KRW 71

Widest divergence: Growth DCF (923.82 KRW) versus Asset-Based (667.85 KRW). Highest evidence: FCF DCF (78).

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Key figures & financial health

P/S ratio 1.62 TTM
Net margin −19.3% FY2026
Return on equity −2,055% TTM
Return on assets (EBIT) −2.2% avg 5y
Operating margin 2.3% TTM
Revenue (TTM) 37.4B KRW TTM
More key figures
Growth
Revenue growth (YoY) +56.7% 3y avg −12.1%
EPS growth (YoY) −8.7%
Balance sheet & cash flow
Free cash flow 2.7B KRW FY2026
Net debt 1.5B KRW FY2025 · ≈ 0.6 yrs of FCF

Figures from reported company fundamentals · as of Aug 28, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 59 · Market factors (momentum, volatility) 17

Profitability 6
Margins and returns on capital today
Quality Growth 74
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 66
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

3S KOREA Co., Ltd. engages in the semiconductor and advanced materials, and environmental businesses in South Korea. The company offers environment test equipment, including system multi air, psychrometric type air, balanced ambient room type air, air to air type heat exchanger, automotive A/C, automotive compressor, and compressor calorimeters; …

Full company description

3S KOREA Co., Ltd. engages in the semiconductor and advanced materials, and environmental businesses in South Korea. The company offers environment test equipment, including system multi air, psychrometric type air, balanced ambient room type air, air to air type heat exchanger, automotive A/C, automotive compressor, and compressor calorimeters; environmental control systems, such as artificial environment test equipment, environment test equipment for room air conditioners, housing all-weather type environment test equipment, automobile wind tunnel type environment test equipment, artificial snowfall test equipment, ECUs, thermal shock testers, forced circulation dryers, salt spray testers, and simple type of test equipment. It also provides automotive parts that include VDA low temperature durability test systems, A/C system performance testers, comp system bench testers, RAD and oil cooler performance testers, RAD thermal cycle testers, cond calorimeters, fan performance testers, and E-HAD testers; and clean room products. In addition, the company offers other test equipment comprising thermal transmission rate test equipment, FAN performance measuring equipment, compressor reliability testers, compressor noise control test equipment, compressor lock rotor test equipment, compressor starting testers, air sampling units, and heat pump test equipment. Further, it provides wafer shipping boxes for semiconductor, automobiles, health care, aviation, etc. fields. The company was formerly known as Century System Supplier Co., Ltd. and changed its name to 3S KOREA Co., Ltd. in October 1994. 3S KOREA Co. Ltd. was founded in 1989 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

3S KOREA Co. Ltd reported revenue of 28.4B KRW in FY2026 versus 27.1B KRW in FY2022, a compound +1.2%/yr. Reported net income was −5.5B KRW in FY2026.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
28.4B KRW
Latest YoY
−2.2%
Avg. revenue 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.
−12.1%
Avg. revenue 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.
+3.9%
Avg. revenue 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.
−0.7%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Revenue +1.2%/yr
FY22 27.1B KRW
FY23 41.9B KRW
FY24 43.6B KRW
FY25 29.0B KRW
FY26 28.4B KRW
Net income
FY22 1.5B KRW
FY23 1.4B KRW
FY24 2.6B KRW
FY25 −10.1B KRW
FY26 −5.5B KRW

060310 screens 48% overvalued. Compare with TES Co →

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Cite: Fair Value Calculator (2026). "3S KOREA Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/060310

Peer Group

Semiconductors & Semiconductor Equipment · 48 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 60 · Above median
Fair Value upside −32% · Below median
Return on assets 1% · Below median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth 57% · Top 25%
Debt / equity 0.05× · Higher than median

Valuation Multiples vs Semiconductors & Semiconductor Equipment median · lower = cheaper

P/FCF 0.0× · Cheaper than median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 97
PAST0 · sector 100
HEALTH98 · sector 99
DIVIDEND0 · sector 17

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Semiconductors & Semiconductor Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 28, 2026).

Stock Price Fair Value vs Fair Value
TES Co 095610 144,000 KRW 57,543 KRW −60%
Eugene Technology Co 084370 128,500 KRW 47,495 KRW −63%
TSE Co 131290 256,000 KRW 83,925 KRW −67%
ISC Co 095340 159,800 KRW 61,198 KRW −62%
PSK HOLDINGS Inc 031980 112,200 KRW 74,962 KRW −33%
Jeju Semiconductor Corp 080220 76,100 KRW 23,830 KRW −69%
Tokai Carbon Korea Co 064760 225,500 KRW 154,525 KRW −31%
HANA Micron Inc 067310 36,650 KRW 16,102 KRW −56%
RFHIC Corporation 218410 51,000 KRW 29,096 KRW −43%
S&S Tech Corporation 101490 43,250 KRW 60,781 KRW +41%

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Frequently asked questions

Is 3S KOREA Co. Ltd (060310) overvalued or undervalued?
As of Aug 28, 2026, our model estimates a fair value of 759.24 KRW versus a price of 1,120 KRW, about −32% upside (overvalued).
What is the fair value of 060310?
Our model-based fair value for 3S KOREA Co. Ltd is 759.24 KRW (as of Aug 28, 2026), built from audited fundamentals. The current price: 1,120 KRW.
What is the quality score of 060310?
3S KOREA Co. Ltd has a Quality Score of 60/100. 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 3S KOREA Co. Ltd (060310)?
3S KOREA Co. Ltd reported trailing-twelve-month revenue of about 37.4B KRW (latest available figure, as of Aug 28, 2026).
What is the net profit margin of 060310?
The net profit margin of 3S KOREA Co. Ltd is about 4.1%, meaning it keeps roughly 4.1% of revenue as net income. Based on the latest reported figures.
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