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ECSTELECOM Co (067010) Fair Value & Analysis

Technology · KR · Market cap 23.4B KRW

EC ECSTELECOM Co 067010 · KQ
Price2,110 KRW
Fair Value2,593 KRW
Upside+22.9%
Quality66/100
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Expensive Growth
Thin margins · 4.6% net margin
negative free cash flow
1.60% dividend yield
Ranks above peers (7/8)
Moderate moat 45/100
Evidence: High Range 1,945 KRW – 3,241 KRW Share as image

Fair value as of: Jul 20, 2026

From 15 valuation models · updated 21 days ago

Fair value updated Jul 20, 2026, revised from 1,765 KRW to 2,593 KRW (+46.9%) since Jul 5, 2026. Share price −3.0% over the past month.

A solid business, screening 23% undervalued on our models.

What matters now

  • Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from 1,945 KRW (bear) to 3,241 KRW (bull), base 2,593 KRW. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 66/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

8,863 KRW 1,891 KRW Fair Value 2,593 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 1,891 KRW – 8,863 KRW · fair‑value band 1,945 KRW – 3,241 KRW · the 2,110 KRW price screens below the 2,593 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

ECSTELECOM Co (067010) currently trades at 2,110 KRW, while our model-based Fair Value estimate is 2,593 KRW, implying the stock looks roughly 22.9% undervalued today. The Quality Score stands at 66/100 (solid 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: high), always confirm before acting.

Over the trailing twelve months, ECSTELECOM Co generated revenue of 94.8B KRW at a net margin of 4.6%. Revenue grew 15.8% year over year. It earns a return on equity of 118.0%. Net debt stands at 2.3B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 1,945 KRW (bear case) to 3,241 KRW (bull case); at 2,110 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 28% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -6% fair-value upside, at 23%, 067010 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
Residual Income 3,559 KRW 3,458 KRW 2,940 KRW 76
Growth-Adj P/E 1,833 KRW 2,619 KRW 3,405 KRW 68
ROIC Compounder 132.09 KRW 153.89 KRW 172.97 KRW 67
All 15 models by family
DCF Models
Owner Earnings 2,965 KRW 4,475 KRW 6,715 KRW 31
Earnings-Based
Graham-Dodd 1,037 KRW 2,899 KRW 3,812 KRW 54
Lynch FV 583.98 KRW 834.26 KRW 1,085 KRW 50
PEG = 1.0 583.98 KRW 834.26 KRW 1,085 KRW 46
EPV 132.09 KRW 153.89 KRW 172.97 KRW 59
Multiples
P/E Multiple 2,288 KRW 3,050 KRW 3,813 KRW 63
P/S Multiple 1,945 KRW 2,593 KRW 3,241 KRW 58
P/B Multiple 1,945 KRW 2,593 KRW 3,241 KRW 55
EV/EBIT 372.13 KRW 495.74 KRW 619.36 KRW 53
EV/EBITDA 1,588 KRW 2,117 KRW 2,646 KRW 54
EV/Revenue 251.26 KRW 358.39 KRW 465.53 KRW 43
Asset-Based
NCAV (Graham) 2,449 KRW 3,282 KRW 4,899 KRW 50
Economic Profit
Residual Income 3,559 KRW 3,458 KRW 2,940 KRW 76
ROIC Compounder 132.09 KRW 153.89 KRW 172.97 KRW 67
Growth Earnings
Growth-Adj P/E 1,833 KRW 2,619 KRW 3,405 KRW 68

Widest divergence: DCF Models (4,475 KRW) versus Economic Profit (153.89 KRW). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 94.8B KRW
Revenue growth (YoY) +15.8%
Net margin 4.6%
Return on equity 118%
Free cash flow −2.1B KRW FY2026
Operating margin 4.1%
More key figures
Dividend yield 1.6%
EPS growth (YoY) -39.2%
Net debt 2.3B KRW FY2026

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

Quality Score breakdown

Overall quality 66/100

Of which business quality 60 · Market factors (momentum, volatility) 40

Profitability 40
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 17
Distance to the 52-week high (market factor)
Net Issuance 90
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

ECSTELECOM Co., Ltd. provides enterprise communication solutions and services in South Korea. It offers system integration, a process for diagnosis and analysis to create a plan that combines hardware, networks, and applications; contact center solutions, such as email, chatting, Web, and other solutions; and telepresence video, a system that allows to …

Full company description

ECSTELECOM Co., Ltd. provides enterprise communication solutions and services in South Korea. It offers system integration, a process for diagnosis and analysis to create a plan that combines hardware, networks, and applications; contact center solutions, such as email, chatting, Web, and other solutions; and telepresence video, a system that allows to conduct meetings and connect with long distances. The company also provides unified communication solutions; and network integration for network building services. ECSTELECOM Co., Ltd. was founded in 1999 and is headquartered in Seoul, South Korea.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

ECSTELECOM Co reported revenue of 91.2B KRW in FY2026 versus 80.2B KRW in FY2022, a compound +3.3%/yr. Reported net income was 1.7B KRW in FY2026, compounding −25.0%/yr from FY2022.

Growth Quality 40/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
91.2B KRW
Latest YoY
+24.4%
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.
−3.2%
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.
+4.1%
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.
+3.5%
Revenue +3.3%/yr
FY22 80.2B KRW
FY23 101B KRW
FY24 91.8B KRW
FY25 73.3B KRW
FY26 91.2B KRW
Net income −25.0%/yr
FY22 5.2B KRW
FY23 4.6B KRW
FY24 2.6B KRW
FY25 626M KRW
FY26 1.7B KRW

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Cite: Fair Value Calculator (2026). "ECSTELECOM Co Fair Value". https://www.fairvalue-calculator.com/stock/067010

Peer Group

Information Technology · 3403 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Communications & Networking” was too small, so the broader sector is used.)

Quality Score 66 · Top 25%
Fair Value upside +23% · Top 25%
Return on equity (TTM) 118% · Top 25%
Return on assets 3% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 4% · Below median
Revenue growth 16% · Above median
Dividend yield (TTM) 1.6% · Above 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 64 · sector 0
FUTURE 79 · sector 38
PAST 100 · sector 22
HEALTH 0 · sector 97
DIVIDEND 32 · sector 28

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 Communications & Networking stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Intellian Technologies, Inc 189300 60,200 KRW 14,983 KRW -75%
SOLiD, Inc 050890 8,870 KRW 9,956 KRW +12%
ANS ANS 17.00 PHP 65.65 PHP +286%
Innowireless Co 073490 26,650 KRW 14,939 KRW -44%
Ubiquoss Holdings 078070 8,160 KRW 16,320 KRW +100%
Ace Technologies corp. 088800 1,655 KRW 1,562 KRW -6%
Telefield Inc 091440 2,915 KRW 796.09 KRW -73%
Kaonmedia Co 078890 3,600 KRW 7,816 KRW +117%
Wave Electronics Co 095270 3,625 KRW 1,966 KRW -46%
Nable Communications, Inc 153460 5,940 KRW 5,093 KRW -14%

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Frequently asked questions

Is ECSTELECOM Co (067010) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 2,593 KRW versus a price of 2,110 KRW, about +23% (undervalued).
What is the fair value of 067010?
Our model-based fair value for ECSTELECOM Co is 2,593 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 2,110 KRW.
What is the quality score of 067010?
ECSTELECOM Co has a Quality Score of 66/100. 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 ECSTELECOM Co (067010)?
ECSTELECOM Co reported trailing-twelve-month revenue of about 94.8B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 067010?
The net profit margin of ECSTELECOM Co is about 4.6%, meaning it keeps roughly 4.6% of revenue as net income. Based on the latest reported figures.
Does ECSTELECOM Co pay a dividend?
ECSTELECOM Co currently shows a dividend yield of about 1.60% 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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