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Q.S.I Co (066310) Fair Value & Analysis

Technology · KR · Market cap 63.8B KRW

QS Q.S.I Co 066310 · KQ
Price7,660 KRW
Fair Value4,787 KRW
Upside-37.5%
Quality63/100
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Weak Growth
Solidly profitable · 13.7% net margin
Low debt · generates free cash flow
1.36% dividend yield
Mixed vs. peers (5/10)
Moderate moat 53/100
Evidence: High Range 3,590 KRW – 5,983 KRW Share as image

Fair value as of: Jul 22, 2026

From 22 valuation models · updated 19 days ago

Share price +0.5% over the past month.

A solid business, but screening 38% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (5,983 KRW). The favourable scenario is already priced in.
  • Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

25,395 KRW 5,448 KRW Fair Value 4,787 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 5,448 KRW – 25,395 KRW · fair‑value band 3,590 KRW – 5,983 KRW · the 7,660 KRW price screens above the 4,787 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

Q.S.I Co (066310) currently trades at 7,660 KRW, while our model-based Fair Value estimate is 4,787 KRW, implying the stock looks roughly 37.5% overvalued today. The Quality Score stands at 63/100 (solid 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, Q.S.I Co generated revenue of 22.9B KRW at a net margin of 13.7%. Revenue declined 22.5% year over year. It earns a return on equity of 215.4%. Fundamentals as of Jul 22, 2026

Our scenario range runs from 3,590 KRW (bear case) to 5,983 KRW (bull case); at 7,660 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 66% below its 52-week high and 18% 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 -38%, 066310 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 DCF 4,718 KRW 5,918 KRW 8,120 KRW 80
Residual Income 7,058 KRW 6,824 KRW 5,711 KRW 76
Rev-Margin DCF 2,559 KRW 2,832 KRW 3,240 KRW 74
All 22 models by family
DCF Models
FCF DCF 4,577 KRW 5,802 KRW 8,257 KRW 38
Owner Earnings 4,798 KRW 6,100 KRW 8,710 KRW 31
5Y Revenue Exit 2,559 KRW 2,754 KRW 3,053 KRW 39
5Y EBITDA Exit 3,983 KRW 5,170 KRW 6,797 KRW 41
5Y P/E Exit 4,658 KRW 6,315 KRW 8,357 KRW 38
10Y Revenue Exit 3,300 KRW 3,583 KRW 3,850 KRW 36
10Y EBITDA Exit 4,182 KRW 5,177 KRW 6,278 KRW 37
10Y P/E Exit 4,597 KRW 5,932 KRW 7,289 KRW 35
Earnings-Based
Graham-Dodd 1,915 KRW 3,155 KRW 3,824 KRW 54
EPV 1,219 KRW 1,245 KRW 1,268 KRW 59
Multiples
P/E Multiple 4,224 KRW 5,631 KRW 7,039 KRW 63
P/S Multiple 3,590 KRW 4,787 KRW 5,983 KRW 58
P/B Multiple 3,590 KRW 4,787 KRW 5,983 KRW 55
EV/EBIT 1,507 KRW 1,655 KRW 1,803 KRW 53
EV/EBITDA 4,031 KRW 5,021 KRW 6,010 KRW 54
EV/Revenue 1,362 KRW 1,490 KRW 1,618 KRW 43
Asset-Based
NCAV (Graham) 4,892 KRW 6,555 KRW 9,783 KRW 50
Growth DCF
Growth DCF 4,718 KRW 5,918 KRW 8,120 KRW 80
Rev-Margin DCF 2,559 KRW 2,832 KRW 3,240 KRW 74
Economic Profit
Residual Income 7,058 KRW 6,824 KRW 5,711 KRW 76
ROIC Compounder 1,219 KRW 1,245 KRW 1,268 KRW 72
Growth Earnings
Growth-Adj P/E 2,988 KRW 4,269 KRW 5,549 KRW 68

Widest divergence: Asset-Based (6,555 KRW) versus Earnings-Based (1,245 KRW). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 22.9B KRW
Revenue growth (YoY) -22.5%
Net margin 13.7%
Return on equity 215%
Free cash flow 3.1B KRW FY2025
Operating margin 6.2%
More key figures
Dividend yield 1.4%
EPS growth (YoY) +31.9%

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

Quality Score breakdown

Overall quality 63/100

Of which business quality 62 · Market factors (momentum, volatility) 18

Profitability 25
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 69
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 16
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 20
Distance to the 52-week high (market factor)
Net Issuance 70
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

Q.S.I Co., LTD. develops, manufactures, and sells red and infra-red laser diodes in South Korea and internationally. The company was founded in 2000 and is based in Cheonan-si, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Q.S.I Co reported revenue of 23.3B KRW in FY2025 versus 29.4B KRW in FY2021, a compound −5.6%/yr. Reported net income was 2.5B KRW in FY2025, compounding +12.7%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
23.3B KRW
Latest YoY
+9.0%
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.
+0.8%
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.
+0.2%
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.
+0.7%
Revenue −5.6%/yr
FY21 29.4B KRW
FY22 22.7B KRW
FY23 18.7B KRW
FY24 21.4B KRW
FY25 23.3B KRW
Net income +12.7%/yr
FY21 1.6B KRW
FY22 7.0B KRW
FY23 2.7B KRW
FY24 3.3B KRW
FY25 2.5B KRW

066310 screens 38% overvalued. Compare with TES Co →

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Cite: Fair Value Calculator (2026). "Q.S.I Co Fair Value". https://www.fairvalue-calculator.com/stock/066310

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 63 · Above median
Fair Value upside −38% · Below median
Return on equity (TTM) 215% · Top 25%
Return on assets 1% · Below median
Net margin (TTM) 14% · Above median
Operating margin (TTM) 6% · Below median
Revenue growth -23% · Bottom 25%
Dividend yield (TTM) 1.4% · Above median
Debt / equity 0.09× · Higher than median

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

P/FCF 0.0× · Cheaper 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 0
FUTURE 0 · sector 94
PAST 100 · sector 100
HEALTH 96 · sector 99
DIVIDEND 27 · sector 20

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

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 22, 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%
Tokai Carbon Korea Co 064760 232,000 KRW 112,596 KRW -51%
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%

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Frequently asked questions

Is Q.S.I Co (066310) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 4,787 KRW versus a price of 7,660 KRW, about −38% (overvalued).
What is the fair value of 066310?
Our model-based fair value for Q.S.I Co is 4,787 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 7,660 KRW.
What is the quality score of 066310?
Q.S.I Co has a Quality Score of 63/100. 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 Q.S.I Co (066310)?
Q.S.I Co reported trailing-twelve-month revenue of about 22.9B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 066310?
The net profit margin of Q.S.I Co is about 13.7%, meaning it keeps roughly 13.7% of revenue as net income. Based on the latest reported figures.
Does Q.S.I Co pay a dividend?
Q.S.I Co currently shows a dividend yield of about 1.36% relative to its recent price (as of Jul 22, 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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