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Tokai Carbon Korea Co (064760) Fair Value & Analysis

Technology · KR · Market cap 2.6T KRW

TC Tokai Carbon Korea Co 064760 · KQ
Price167,300 KRW
Fair Value112,596 KRW
Upside-32.7%
Quality76/100
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Healthy Growth
Highly profitable · 29.7% net margin
generates free cash flow
0.99% dividend yield
Ranks above peers (6/8)
Wide moat 90/100
Evidence: High Range 71,958 KRW – 151,508 KRW Share as image

Fair value as of: Jul 12, 2026

From 26 valuation models · updated 29 days ago

Share price −22.2% over the past month.

A strong business, but screening 33% overvalued on our models.

What matters now

  • A high-quality business (quality 76/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (151,508 KRW). The favourable scenario is already priced in.
  • A fairly wide model range (71,958 KRW to 151,508 KRW) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

348,500 KRW 65,493 KRW Fair Value 112,596 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 65,493 KRW – 348,500 KRW · fair‑value band 71,958 KRW – 151,508 KRW · the 167,300 KRW price screens above the 112,596 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Tokai Carbon Korea Co (064760) currently trades at 167,300 KRW, while our model-based Fair Value estimate is 112,596 KRW, implying the stock looks roughly 32.7% overvalued today. The Quality Score stands at 76/100 (high quality), in the Technology 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: high).

Over the trailing twelve months, Tokai Carbon Korea Co generated revenue of 318B KRW at a net margin of 29.7%. Revenue grew 19.6% year over year. Fundamentals as of Jul 12, 2026

Our scenario range runs from 71,958 KRW (bear case) to 151,508 KRW (bull case); at 167,300 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 52% below its 52-week high and 87% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -68% fair-value upside, at -33%, 064760 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 BearBaseBull Evidence
Highest evidence
Residual Income 43,440 KRW 56,226 KRW 156,560 KRW 76
Growth DCF 64,307 KRW 120,001 KRW 225,323 KRW 72
Gordon GGM 10,581 KRW 23,100 KRW 38,867 KRW 70
All 26 models by family
DCF Models
FCF DCF 65,371 KRW 125,747 KRW 248,810 KRW 38
Owner Earnings 102,554 KRW 202,454 KRW 396,382 KRW 31
5Y Revenue Exit 54,018 KRW 95,604 KRW 153,703 KRW 39
5Y EBITDA Exit 76,263 KRW 143,717 KRW 231,919 KRW 41
5Y P/E Exit 81,630 KRW 155,325 KRW 243,621 KRW 38
10Y Revenue Exit 55,515 KRW 97,869 KRW 166,673 KRW 36
10Y EBITDA Exit 72,623 KRW 134,954 KRW 236,902 KRW 37
10Y P/E Exit 76,336 KRW 143,901 KRW 247,408 KRW 35
Earnings-Based
Graham-Dodd 40,714 KRW 220,591 KRW 305,820 KRW 54
Lynch FV 61,149 KRW 87,356 KRW 113,563 KRW 50
PEG = 1.0 61,149 KRW 87,356 KRW 113,563 KRW 46
EPV 54,505 KRW 63,492 KRW 71,480 KRW 59
Dividend Discount
Gordon GGM 10,581 KRW 23,100 KRW 38,867 KRW 70
DDM Multi-Stage 10,581 KRW 18,923 KRW 24,074 KRW 61
Multiples
P/E Multiple 89,811 KRW 119,748 KRW 149,685 KRW 63
P/S Multiple 48,394 KRW 64,526 KRW 80,657 KRW 58
P/B Multiple 76,339 KRW 101,786 KRW 127,232 KRW 55
EV/EBIT 100,582 KRW 132,915 KRW 165,249 KRW 53
EV/EBITDA 85,343 KRW 112,596 KRW 139,850 KRW 54
EV/Revenue 48,750 KRW 68,107 KRW 87,465 KRW 43
Asset-Based
NCAV (Graham) 22,240 KRW 29,802 KRW 44,480 KRW 50
Growth DCF
Growth DCF 64,307 KRW 120,001 KRW 225,323 KRW 72
Rev-Margin DCF 54,018 KRW 94,198 KRW 148,857 KRW 67
Economic Profit
Residual Income 43,440 KRW 56,226 KRW 156,560 KRW 76
ROIC Compounder 60,379 KRW 85,870 KRW 111,979 KRW 67
Growth Earnings
Growth-Adj P/E 87,341 KRW 124,772 KRW 162,204 KRW 68

Widest divergence: DCF Models (134,954 KRW) versus Dividend Discount (18,923 KRW). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 318B KRW
Revenue growth (YoY) +19.6%
Net margin 29.7%
Return on equity 1,569%
Free cash flow 49.5B KRW FY2025
Operating margin 39.3%
More key figures
Dividend yield 1.0%
EPS growth (YoY) +18.8%

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 76/100

Of which business quality 71 · Market factors (momentum, volatility) 46

Profitability 58
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 78
Disciplined investing over empire-building
Low Volatility 28
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 65
Distance to the 52-week high (market factor)
Net Issuance 98
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

Tokai Carbon Korea Co., Ltd. produces and sells various parts and components for the semiconductor, light emitting diode (LED), and solar industries in South Korea.

Full company description

Tokai Carbon Korea Co., Ltd. produces and sells various parts and components for the semiconductor, light emitting diode (LED), and solar industries in South Korea. The company offers high purified graphite components for use in heaters, crucibles, Gr shields, rings, reflectors, wafer holders, etc.; and plates and other products for semiconductor manufacturing equipment. It also provides wafer susceptors for LED MOCVD and silicon Epi reactors, including LED wafer carriers, and ALD semiconductor and Epi susceptors; and CVD SiC coated components that are used in SiC rings, wafers, and shower heads for lifetime extension and yield improvement of plasma etch chamber parts. Tokai Carbon Korea Co., Ltd. was incorporated in 1996 and is based in Anseong-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tokai Carbon Korea Co reported revenue of 301B KRW in FY2025 versus 271B KRW in FY2021, a compound +2.7%/yr. Reported net income was 69.9B KRW in FY2025, compounding −3.9%/yr from FY2021.

Growth Quality 80/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
301B KRW
Latest YoY
+9.3%
Avg. growth/yr (3Y)
−1.9%
Avg. growth/yr (5Y)
+5.7%
Avg. growth/yr (11Y)
+18.8%
Revenue +2.7%/yr
FY21 271B KRW
FY22 320B KRW
FY23 227B KRW
FY24 276B KRW
FY25 301B KRW
Net income −3.9%/yr
FY21 81.9B KRW
FY22 94.1B KRW
FY23 61.2B KRW
FY24 72.0B KRW
FY25 69.9B KRW

064760 screens 33% overvalued. Compare with TES Co →

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Cite: Fair Value Calculator (2026). "Tokai Carbon Korea Co Fair Value". https://www.fairvalue-calculator.com/stock/064760

Peer Group

Semiconductors & Semiconductor Equipment · 46 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 76 · Top 25%
Fair Value upside −33% · Below median
Return on assets 20% · Top 25%
Net margin (TTM) 30% · Top 25%
Operating margin (TTM) 39% · Top 25%
Revenue growth 20% · Above median
Dividend yield (TTM) 1.0% · Above median

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

P/FCF 0.0× · Pricier 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 0 · sector 0
FUTURE 98 · sector 94
PAST 0 · sector 100
HEALTH 0 · sector 99
DIVIDEND 20 · sector 20

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

Insider activity: 40/100

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 Semiconductors & Semiconductor Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
TES Co 095610 194,300 KRW 48,953 KRW -75%
Eugene Technology Co 084370 146,800 KRW 38,128 KRW -74%
TSE Co 131290 282,500 KRW 69,101 KRW -76%
ISC Co 095340 151,200 KRW 46,504 KRW -69%
PSK HOLDINGS Inc 031980 136,200 KRW 69,242 KRW -49%
Jeju Semiconductor Corp 080220 81,900 KRW 23,473 KRW -71%
HANA Micron Inc 067310 35,750 KRW 11,501 KRW -68%
RFHIC Corporation 218410 46,250 KRW 20,781 KRW -55%
S&S Tech Corporation 101490 39,600 KRW 46,799 KRW +18%
Global Standard Technology, Limited 083450 42,350 KRW 50,658 KRW +20%

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Frequently asked questions

Is Tokai Carbon Korea Co (064760) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 112,596 KRW versus a price of 167,300 KRW, about −33% (overvalued).
What is the fair value of 064760?
Our model-based fair value for Tokai Carbon Korea Co is 112,596 KRW (as of Jul 12, 2026), built from audited fundamentals. The current price is 167,300 KRW.
What is the quality score of 064760?
Tokai Carbon Korea Co has a Quality Score of 76/100. 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 Tokai Carbon Korea Co (064760)?
Tokai Carbon Korea Co reported trailing-twelve-month revenue of about 318B KRW (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 064760?
The net profit margin of Tokai Carbon Korea Co is about 29.7%, meaning it keeps roughly 29.7% of revenue as net income. Based on the latest reported figures.
Does Tokai Carbon Korea Co pay a dividend?
Tokai Carbon Korea Co currently shows a dividend yield of about 0.99% relative to its recent price (as of Jul 12, 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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