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KT Submarine Co (060370) Fair Value & Analysis

Industrials · KR · Market cap 1.3T KRW

KS KT Submarine Co 060370 · KQ
Price31,700 KRW
Fair Value4,430 KRW
Upside-86.0%
Quality27/100
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Mixed Growth
Solidly profitable · 11.3% net margin
Low debt · negative free cash flow
0.58% dividend yield
Ranks above peers (5/7)
Moderate moat 52/100
Evidence: Medium Range 3,101 KRW – 5,225 KRW Share as image

Fair value as of: Jul 14, 2026

From 14 valuation models · updated 27 days ago

Share price +9.3% over the past month.

Below-average quality, and screening another 86% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (5,225 KRW). The favourable scenario is already priced in.
  • Weak quality (27/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

50,100 KRW 3,832 KRW Fair Value 4,430 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range 3,832 KRW – 50,100 KRW · fair‑value band 3,101 KRW – 5,225 KRW · the 31,700 KRW price screens above the 4,430 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

KT Submarine Co (060370) currently trades at 31,700 KRW, while our model-based Fair Value estimate is 4,430 KRW, implying the stock looks roughly 86.0% overvalued today. The Quality Score stands at 27/100 (below-average quality), in the Industrials 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: medium).

Over the trailing twelve months, KT Submarine Co generated revenue of 82.5B KRW at a net margin of 11.3%. Revenue grew 92.7% year over year. Fundamentals as of Jul 14, 2026

Our scenario range runs from 3,101 KRW (bear case) to 5,225 KRW (bull case); at 31,700 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 39% below its 52-week high and 68% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -15% fair-value upside, at -86%, 060370 screens richer 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
Residual Income 8,645 KRW 8,126 KRW 6,222 KRW 76
ROIC Compounder 1,771 KRW 1,949 KRW 2,108 KRW 72
Growth-Adj P/E 3,648 KRW 5,211 KRW 6,775 KRW 68
All 14 models by family
Earnings-Based
Graham-Dodd 1,117 KRW 7,786 KRW 10,927 KRW 54
Lynch FV 2,830 KRW 4,042 KRW 5,255 KRW 50
PEG = 1.0 2,830 KRW 4,042 KRW 5,255 KRW 46
EPV 1,771 KRW 1,949 KRW 2,108 KRW 59
Multiples
P/E Multiple 2,586 KRW 3,448 KRW 4,310 KRW 63
P/S Multiple 2,093 KRW 2,791 KRW 3,489 KRW 58
P/B Multiple 2,093 KRW 2,791 KRW 3,489 KRW 55
EV/EBIT 2,515 KRW 3,100 KRW 3,686 KRW 53
EV/EBITDA 3,956 KRW 5,022 KRW 6,087 KRW 54
EV/Revenue 2,012 KRW 2,550 KRW 3,087 KRW 43
Asset-Based
NCAV (Graham) 6,171 KRW 8,269 KRW 12,341 KRW 50
Economic Profit
Residual Income 8,645 KRW 8,126 KRW 6,222 KRW 76
ROIC Compounder 1,771 KRW 1,949 KRW 2,108 KRW 72
Growth Earnings
Growth-Adj P/E 3,648 KRW 5,211 KRW 6,775 KRW 68

Widest divergence: Asset-Based (8,269 KRW) versus Economic Profit (1,949 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 82.5B KRW
Revenue growth (YoY) +92.7%
Net margin 11.3%
Return on equity 1,100%
Free cash flow −56.6B KRW FY2025
Operating margin 15.1%
More key figures
Dividend yield 0.6%
EPS growth (YoY) +1,052%

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 27/100

Of which business quality 32 · Market factors (momentum, volatility) 39

Profitability 18
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 34
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 28
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 41
Distance to the 52-week high (market factor)
Net Issuance 0
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

KT Submarine Co., Ltd. engages in the construction of submarine cables and offshore plants in South Korea. It installs and maintains submarine fiber optic cables and power cables.

Full company description

KT Submarine Co., Ltd. engages in the construction of submarine cables and offshore plants in South Korea. It installs and maintains submarine fiber optic cables and power cables. The company also provides DSME, SHI, and HHI with assembly and installation services of drilling rigs that are used for exploring crude oil in deep sea area; installs, lays, and inspects submarine pipelines to transfer crude oil and natural gas from submarine oil fields to onshore storages; provides communication and power supply service between land and platforms; and installs deep sea water pipelines. In addition, it offers offshore energy development services. The company was founded in 1995 and is headquartered in Busan, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

KT Submarine Co reported revenue of 244B KRW in FY2025 versus 29.9B KRW in FY2021, a compound +69.1%/yr. Reported net income was 8.4B KRW in FY2025.

Growth Quality 54/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
244B KRW
Latest YoY
+87.4%
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.
+78.7%
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.
+36.1%
Avg. growth/yr (16Y) 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.
+9.3%
Revenue +69.1%/yr
FY21 29.9B KRW
FY22 42.8B KRW
FY23 70.8B KRW
FY24 130B KRW
FY25 244B KRW
Net income
FY21 −3.2B KRW
FY22 −12.1B KRW
FY23 11.6B KRW
FY24 13.2B KRW
FY25 8.4B KRW

060370 screens 86% overvalued. Compare with Hanyang ENG Co →

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Cite: Fair Value Calculator (2026). "KT Submarine Co Fair Value". https://www.fairvalue-calculator.com/stock/060370

Peer Group

Construction & Engineering · 15 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 27 · Bottom 25%
Fair Value upside −86% · Bottom 25%
Return on assets 7% · Top 25%
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 15% · Top 25%
Revenue growth 93% · Top 25%
Debt / equity 0.06× · 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 0 · sector 13
FUTURE 100 · sector 45
PAST 0 · sector 0
HEALTH 97 · sector 94
DIVIDEND 12 · sector 0

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

Insider activity: 45/100

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 Construction & Engineering stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Hanyang ENG Co 045100 30,050 KRW 40,553 KRW +35%
MWIDE MWIDE 4.13 PHP 3.16 PHP -23%
EEIPB EEIPB 95.00 PHP 52.61 PHP -45%
EEI EEI 1.99 PHP 1.14 PHP -43%
ELQ ELQ 2.07 PLN 0.6400 PLN -69%
KCC Engineering & Construction Co 021320 5,250 KRW 3,679 KRW -30%
HTI HTI 1.31 PHP 2.39 PHP +82%
Tuksu Engineering & Construction,Ltd. 026150 3,535 KRW 3,298 KRW -7%
Hydro Lithium Inc 101670 926.00 KRW 789.50 KRW -15%
ARA ARA 0.2900 PHP 1.07 PHP +269%

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Frequently asked questions

Is KT Submarine Co (060370) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of 4,430 KRW versus a price of 31,700 KRW, about −86% (overvalued).
What is the fair value of 060370?
Our model-based fair value for KT Submarine Co is 4,430 KRW (as of Jul 14, 2026), built from audited fundamentals. The current price is 31,700 KRW.
What is the quality score of 060370?
KT Submarine Co has a Quality Score of 27/100. 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 KT Submarine Co (060370)?
KT Submarine Co reported trailing-twelve-month revenue of about 82.5B KRW (latest available figure, as of Jul 14, 2026).
What is the net profit margin of 060370?
The net profit margin of KT Submarine Co is about 11.3%, meaning it keeps roughly 11.3% of revenue as net income. Based on the latest reported figures.
Does KT Submarine Co pay a dividend?
KT Submarine Co currently shows a dividend yield of about 0.58% relative to its recent price (as of Jul 14, 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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