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Wiable Corp (065530) Fair Value & Analysis

Communication Services · KR · Market cap 51.5B KRW

WC Wiable Corp 065530 · KQ
Price1,310 KRW
Fair Value1,384 KRW
Upside+5.6%
Quality50/100
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Weak Growth
Thin margins · 7.4% net margin
Low debt · negative free cash flow
4.64% dividend yield
Ranks above peers (6/9)
Narrow moat 39/100
Evidence: Medium Range 1,212 KRW – 1,631 KRW Share as image

Fair value as of: Jul 20, 2026

From 13 valuation models · updated 21 days ago

Share price +17.2% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 1,212 KRW (bear) to 1,631 KRW (bull), base 1,384 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 50/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

4,214 KRW 1,029 KRW Fair Value 1,384 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 1,029 KRW – 4,214 KRW · fair‑value band 1,212 KRW – 1,631 KRW · the 1,310 KRW price screens below the 1,384 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

Wiable Corp (065530) currently trades at 1,310 KRW, while our model-based Fair Value estimate is 1,384 KRW, implying the stock looks roughly 5.6% fairly valued today. The Quality Score stands at 50/100 (solid quality), in the Communication Services 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, Wiable Corp generated revenue of 75.1B KRW at a net margin of 7.4%. Revenue declined 3.9% year over year. It earns a return on equity of 7.4%. Net debt stands at 16.5B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 1,212 KRW (bear case) to 1,631 KRW (bull case); at 1,310 KRW, the current price sits within 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 60% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 32% fair-value upside, at 6%, 065530 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 1,280 KRW 1,316 KRW 1,321 KRW 76
ROIC Compounder 939.09 KRW 1,087 KRW 1,216 KRW 72
Growth-Adj P/E 718.24 KRW 1,026 KRW 1,334 KRW 68
All 13 models by family
DCF Models
Owner Earnings 144.16 KRW 179.86 KRW 245.97 KRW 31
Earnings-Based
Graham-Dodd 646.52 KRW 790.19 KRW 888.96 KRW 54
EPV 939.09 KRW 1,087 KRW 1,216 KRW 59
Multiples
P/E Multiple 998.30 KRW 1,331 KRW 1,664 KRW 63
P/S Multiple 1,212 KRW 1,616 KRW 2,020 KRW 58
P/B Multiple 1,212 KRW 1,616 KRW 2,020 KRW 55
EV/EBIT 911.71 KRW 1,198 KRW 1,484 KRW 53
EV/EBITDA 1,869 KRW 2,475 KRW 3,080 KRW 54
EV/Revenue 1,095 KRW 1,541 KRW 1,988 KRW 43
Asset-Based
NCAV (Graham) 815.73 KRW 1,093 KRW 1,631 KRW 50
Economic Profit
Residual Income 1,280 KRW 1,316 KRW 1,321 KRW 76
ROIC Compounder 939.09 KRW 1,087 KRW 1,216 KRW 72
Growth Earnings
Growth-Adj P/E 718.24 KRW 1,026 KRW 1,334 KRW 68

Widest divergence: Multiples (1,541 KRW) versus DCF Models (179.86 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 75.1B KRW
Revenue growth (YoY) -3.9%
Net margin 7.4%
Return on equity 7.4%
Free cash flow −2.2B KRW FY2025
Operating margin 11.2%
More key figures
Dividend yield 4.6%
EPS growth (YoY) +2,096%
Net debt 16.5B KRW FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 49 · Market factors (momentum, volatility) 30

Profitability 29
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 45
Earnings quality: real cash, not paper profit
Fin. Strength 48
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 26
Distance to the 52-week high (market factor)
Net Issuance 82
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

Wiable Corp. operates in the telecommunications industry in South Korea. It constructs, sells, operates, and maintains public wireless base stations/relay networks in ground, subway, and various tunnel sections to be used by mobile communication service providers in areas where base stations are concentrated, as well as in radio-shaded areas.

Full company description

Wiable Corp. operates in the telecommunications industry in South Korea. It constructs, sells, operates, and maintains public wireless base stations/relay networks in ground, subway, and various tunnel sections to be used by mobile communication service providers in areas where base stations are concentrated, as well as in radio-shaded areas. The company maintains and manages base stations on the ground and other underground sections; and establishes communication facilities. In addition, it provides technical support, such as installation and rental services, and maintenance of transit networks. The company was formerly known as KRTnet Co., Ltd. and changed its name to Wiable Corp. in March 2021. Wiable Corp. was founded in 1996 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

Wiable Corp reported revenue of 75.5B KRW in FY2025 versus 78.5B KRW in FY2021, a compound −1.0%/yr. Reported net income was 4.5B KRW in FY2025, compounding +16.0%/yr from FY2021.

Growth Quality 8/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
75.5B KRW
Latest YoY
−4.9%
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.
+5.5%
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.
−3.2%
Avg. growth/yr (11Y) 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.
−6.9%
Revenue −1.0%/yr
FY21 78.5B KRW
FY22 64.3B KRW
FY23 72.6B KRW
FY24 79.4B KRW
FY25 75.5B KRW
Net income +16.0%/yr
FY21 2.5B KRW
FY22 2.4B KRW
FY23 2.3B KRW
FY24 3.0B KRW
FY25 4.5B KRW

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Cite: Fair Value Calculator (2026). "Wiable Corp Fair Value". https://www.fairvalue-calculator.com/stock/065530

Peer Group

Telecom Services · 250 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 50 · Below median
Fair Value upside +6% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 3% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth -4% · Bottom 25%
Dividend yield (TTM) 4.6% · Above median
Debt / equity 0.02× · 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 41 · sector 29
FUTURE 0 · sector 15
PAST 30 · sector 28
HEALTH 99 · sector 88
DIVIDEND 93 · sector 73

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 Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥89.98 ¥109.88 +22%
T-Mobile US, Inc TMUS $187.61 $172.67 -8%
Bharti Airtel Limited BHARTIARTL ₹1,922 ₹941.55 -51%
China Telecom Corporation 601728 ¥6.01 ¥8.36 +39%
América Móvil, S.A. AMXB 23.07 MXN 30.35 MXN +32%
Vodafone Group VODN 259.50 MXN 507.27 MXN +95%
Advanced Info Service Public Company ADVANC 379.00 THB 286.77 THB -24%
Chunghwa Telecom Co 2412 133.50 TWD 100.00 TWD -25%
China Unicom (Hong Kong) Limited 0762 HK$6.50 HK$13.03 +100%
Telefónica, S.A TEFN 75.67 MXN 111.01 MXN +47%

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Frequently asked questions

Is Wiable Corp (065530) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 1,384 KRW versus a price of 1,310 KRW, about +6% (fairly valued).
What is the fair value of 065530?
Our model-based fair value for Wiable Corp is 1,384 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 1,310 KRW.
What is the quality score of 065530?
Wiable Corp has a Quality Score of 50/100. 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 Wiable Corp (065530)?
Wiable Corp reported trailing-twelve-month revenue of about 75.1B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 065530?
The net profit margin of Wiable Corp is about 7.4%, meaning it keeps roughly 7.4% of revenue as net income. Based on the latest reported figures.
Does Wiable Corp pay a dividend?
Wiable Corp currently shows a dividend yield of about 3.76% relative to its recent price (as of Jul 20, 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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