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Com2uS Holdings (063080) Fair Value & Analysis

Technology · KR · Market cap 72.9B KRW

CH Com2uS Holdings 063080 · KQ
Price12,610 KRW
Fair Value28,235 KRW
Upside+123.9%
Quality44/100
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Weak Growth
Loss-making · -21.9% net margin
Low debt · negative free cash flow
Trails peers (1/7)
Narrow moat 16/100
Evidence: Medium Range 21,176 KRW – 35,293 KRW Share as image

Fair value as of: Jul 22, 2026

From 8 valuation models · updated 19 days ago

Share price +4.7% over the past month.

Below-average quality, screening 124% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (44/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (21,176 KRW). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

237,500 KRW 10,640 KRW Fair Value 28,235 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 10,640 KRW – 237,500 KRW · fair‑value band 21,176 KRW – 35,293 KRW · the 12,610 KRW price screens below the 28,235 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

Com2uS Holdings (063080) currently trades at 12,610 KRW, while our model-based Fair Value estimate is 28,235 KRW, implying the stock looks roughly 123.9% undervalued today. The Quality Score stands at 44/100 (below-average 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: medium), always confirm before acting.

Over the trailing twelve months, Com2uS Holdings generated revenue of 119B KRW at a net margin of -21.9%. Revenue declined 29.9% year over year. Net debt stands at 189B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 21,176 KRW (bear case) to 35,293 KRW (bull case); at 12,610 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 66% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 8% fair-value upside, at 124%, 063080 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-Adj P/E 19,318 KRW 27,597 KRW 35,876 KRW 68
P/E Multiple 27,404 KRW 36,539 KRW 45,674 KRW 63
Residual Income 28,921 KRW 28,829 KRW 26,477 KRW 61
All 8 models by family
DCF Models
Owner Earnings 12,479 KRW 18,996 KRW 31,498 KRW 31
Earnings-Based
Graham-Dodd 11,294 KRW 19,228 KRW 23,462 KRW 54
Multiples
P/E Multiple 27,404 KRW 36,539 KRW 45,674 KRW 63
P/S Multiple 21,176 KRW 28,235 KRW 35,293 KRW 58
P/B Multiple 21,176 KRW 28,235 KRW 35,293 KRW 55
Asset-Based
NCAV (Graham) 19,230 KRW 25,768 KRW 38,459 KRW 50
Economic Profit
Residual Income 28,921 KRW 28,829 KRW 26,477 KRW 61
Growth Earnings
Growth-Adj P/E 19,318 KRW 27,597 KRW 35,876 KRW 68

Widest divergence: Economic Profit (28,829 KRW) versus DCF Models (18,996 KRW). Highest evidence: Growth-Adj P/E (68).

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Key figures & financial health

Revenue (TTM) 119B KRW
Revenue growth (YoY) -29.9%
Net margin -21.9%
Return on equity -1,665%
Free cash flow −26.0B KRW FY2025
Operating margin -0.5%
More key figures
EPS growth (YoY) +255%
Net debt 189B KRW FY2025

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

Quality Score breakdown

Overall quality 44/100

Of which business quality 41 · Market factors (momentum, volatility) 15

Profitability 29
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 35
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 81
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

Com2uS Holdings Corporation develops and publishes mobile games worldwide. It provides in-house localization and marketing for various languages covering a user base of approximately 200 million. The company also offers various advice and support services, which include monetization, in-game social integration, operational support, and customer services.

Full company description

Com2uS Holdings Corporation develops and publishes mobile games worldwide. It provides in-house localization and marketing for various languages covering a user base of approximately 200 million. The company also offers various advice and support services, which include monetization, in-game social integration, operational support, and customer services. The company was formerly known as GAMEVIL Inc. Com2uS Holdings Corporation was founded in 2000 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Com2uS Holdings reported revenue of 99.2B KRW in FY2025 versus 142B KRW in FY2021, a compound −8.5%/yr. Reported net income was 11.0B KRW in FY2025, compounding −22.0%/yr from FY2021.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
99.2B KRW
Latest YoY
−33.5%
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.
−5.1%
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.
−5.8%
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.
+6.2%
Revenue −8.5%/yr
FY21 142B KRW
FY22 116B KRW
FY23 153B KRW
FY24 149B KRW
FY25 99.2B KRW
Net income −22.0%/yr
FY21 29.6B KRW
FY22 −54.9B KRW
FY23 −9.3B KRW
FY24 −36.3B KRW
FY25 11.0B KRW

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Cite: Fair Value Calculator (2026). "Com2uS Holdings Fair Value". https://www.fairvalue-calculator.com/stock/063080

Peer Group

Software & IT Services · 32 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 44 · Bottom 25%
Fair Value upside +124% · Top 25%
Return on assets -0% · Below median
Net margin (TTM) -22% · Bottom 25%
Operating margin (TTM) -1% · Bottom 25%
Revenue growth -30% · Bottom 25%
Debt / equity 0.20× · Higher 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 0 · sector 28
PAST 0 · sector 74
HEALTH 90 · sector 99
DIVIDEND 0 · sector 26

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 & IT Services stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

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Hancom Inc 030520 15,890 KRW 31,596 KRW +99%
Webzen Inc 069080 11,750 KRW 12,748 KRW +8%
NEOWIZ 095660 17,010 KRW 46,407 KRW +173%
Wemade Max Co 101730 3,665 KRW 825.00 KRW -77%
GalaxiaMoneytree Co 094480 4,600 KRW 3,778 KRW -18%
DAEA TI Co 045390 2,475 KRW 4,958 KRW +100%

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Frequently asked questions

Is Com2uS Holdings (063080) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 28,235 KRW versus a price of 12,610 KRW, about +124% (undervalued).
What is the fair value of 063080?
Our model-based fair value for Com2uS Holdings is 28,235 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 12,610 KRW.
What is the quality score of 063080?
Com2uS Holdings has a Quality Score of 44/100. 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 Com2uS Holdings (063080)?
Com2uS Holdings reported trailing-twelve-month revenue of about 119B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 063080?
The net profit margin of Com2uS Holdings is about -21.9%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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