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ISE Commerce Company (069920) Fair Value & Analysis

Financials · KR · Market cap 8.8B KRW

IC ISE Commerce Company 069920 · KQ
Price992.00 KRW
Fair Value999.08 KRW
Upside+0.7%
Quality45/100
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Weak Growth
Solidly profitable · 17.4% net margin
Low debt · negative free cash flow
Trails peers (2/7)
Narrow moat 19/100
Evidence: Low Range 745.59 KRW – 1,491 KRW Share as image

Fair value as of: Jul 20, 2026

From 1 valuation models · updated 21 days ago

Share price +72.5% over the past month.

Below-average quality, 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.
  • A fairly wide model range (745.59 KRW to 1,491 KRW) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

59,750 KRW 519.00 KRW Fair Value 999.08 KRW Feb 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 519.00 KRW – 59,750 KRW · fair‑value band 745.59 KRW – 1,491 KRW · the 992.00 KRW price screens below the 999.08 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.

Full chart & analysis →

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Analysis

ISE Commerce Company (069920) currently trades at 992.00 KRW, while our model-based Fair Value estimate is 999.08 KRW, implying the stock looks roughly 0.7% fairly valued today. The Quality Score stands at 45/100 (below-average quality), in the Financials 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: low), always confirm before acting.

Over the trailing twelve months, ISE Commerce Company generated revenue of 18.7B KRW at a net margin of 17.4%. Revenue declined 53.9% year over year. Net debt stands at 11.3B KRW. Fundamentals as of Jul 20, 2026

Our scenario range runs from 745.59 KRW (bear case) to 1,491 KRW (bull case); at 992.00 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. For context, the median of 10 Financials peers we cover trades at 20% fair-value upside, at 1%, 069920 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
NCAV (Graham) 745.59 KRW 999.08 KRW 1,491 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 745.59 KRW 999.08 KRW 1,491 KRW 50

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Key figures & financial health

Revenue (TTM) 18.7B KRW
Revenue growth (YoY) -53.9%
Net margin 17.4%
Return on equity -4,110%
Free cash flow −9.2B KRW FY2025
Operating margin -46.5%
More key figures
Net debt 11.3B KRW FY2025

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

Quality Score breakdown

Overall quality 45/100

Of which business quality 44 · Market factors (momentum, volatility) 15

Profitability 4
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 100
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

ISE Commerce Company Limited engages in the fashion business in South Korea, China, the United States, Japan, and internationally.

Full company description

ISE Commerce Company Limited engages in the fashion business in South Korea, China, the United States, Japan, and internationally. It develops EDGE N2N, an e-commerce services platform, which enables consumers to meet mono/retail brands; and provides modular or integrated services for e-commerce, including the enhancement of product information, securing sales channels, and marketing, as well as logistics services. The company offers BP SERVICE, a service that enables early-stage brands to grow with startup creators; B2Bi SERVICE for sourcing and sales; CP SERVICE, a logistics based service; and CX&D SERVICE, which includes integrated marketing communications and content production for the marketing activity. It provides its products primarily under the WIZWID, WCONCEPT, JINNYKIM, and JUST JINNY brands. ISE Commerce Company Limited was founded in 2001 and is based in Seoul, South Korea.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ISE Commerce Company reported revenue of 24.0B KRW in FY2025 versus 21.5B KRW in FY2021, a compound +2.8%/yr. Reported net income was −22.4B KRW in FY2025.

Growth Quality 25/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
24.0B KRW
Latest YoY
+397.5%
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.
+63.7%
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.
−4.0%
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.
−5.2%
Revenue +2.8%/yr
FY21 21.5B KRW
FY22 5.5B KRW
FY23 4.6B KRW
FY24 4.8B KRW
FY25 24.0B KRW
Net income
FY21 28.5B KRW
FY22 −11.1B KRW
FY23 −15.3B KRW
FY24 −16.9B KRW
FY25 −22.4B KRW

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Cite: Fair Value Calculator (2026). "ISE Commerce Company Fair Value". https://www.fairvalue-calculator.com/stock/069920

Peer Group

Investment Banking & Investment Services · 17 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 · Below median
Fair Value upside +1% · Above median
Return on assets -7% · Bottom 25%
Net margin (TTM) 17% · Top 25%
Operating margin (TTM) -47% · Bottom 25%
Revenue growth -54% · Bottom 25%
Debt / equity 0.10× · 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 34 · sector 21
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 95 · sector 100
DIVIDEND 0 · sector 0

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.

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Frequently asked questions

Is ISE Commerce Company (069920) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 999.08 KRW versus a price of 992.00 KRW, about +1% (fairly valued).
What is the fair value of 069920?
Our model-based fair value for ISE Commerce Company is 999.08 KRW (as of Jul 20, 2026), built from audited fundamentals. The current price is 992.00 KRW.
What is the quality score of 069920?
ISE Commerce Company has a Quality Score of 45/100. 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 ISE Commerce Company (069920)?
ISE Commerce Company reported trailing-twelve-month revenue of about 18.7B KRW (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 069920?
The net profit margin of ISE Commerce Company is about 17.4%, meaning it keeps roughly 17.4% of revenue as net income. 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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