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KOAS Co. Ltd (071950) Fair Value & Analysis

Consumer Cyclical · KR · Market cap 21.8B KRW

KC KOAS Co. Ltd 071950 · KO
Price1,769 KRW
Fair Value1,554 KRW
Upside-12.2%
Quality29/100
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Weak Growth
Loss-making · -47.8% net margin
Low debt · negative free cash flow
Trails peers (3/9)
Narrow moat 16/100
Evidence: Low Range 1,160 KRW – 2,319 KRW Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 6 days ago

Share price +1.1% over the past month.

Below-average quality, and screening another 12% overvalued on our models.

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What matters now

  • A fairly wide model range (1,160 KRW to 2,319 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.
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Price vs Fair Value (5 years)

11,270 KRW 364.00 KRW Fair Value 1,554 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 364.00 KRW – 11,270 KRW · fair‑value band 1,160 KRW – 2,319 KRW · the 1,769 KRW price screens above the 1,554 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

KOAS Co. Ltd (071950) currently trades at 1,769 KRW, while our model-based Fair Value estimate is 1,554 KRW, implying the stock looks roughly 12.2% overvalued today. The Quality Score stands at 29/100 (below-average quality), in the Consumer Cyclical 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: low).

Over the trailing twelve months, KOAS Co. Ltd generated revenue of 63.3B KRW at a net margin of -47.8%. Revenue grew 5.0% year over year. Net debt stands at 21.4B KRW. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1,160 KRW (bear case) to 2,319 KRW (bull case); at 1,769 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 Consumer Cyclical peers we cover trades at 8% fair-value upside, at -12%, 071950 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) 1,384 KRW 1,854 KRW 2,767 KRW 50
All 1 models by family
Asset-Based
NCAV (Graham) 1,384 KRW 1,854 KRW 2,767 KRW 50

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Key figures & financial health

Revenue (TTM) 63.3B KRW
Revenue growth (YoY) +5.0%
Net margin -47.8%
Return on equity -160%
Free cash flow −5.6B KRW FY2025
Operating margin 8.9%
More key figures
EPS growth (YoY) +75.0%
Net debt 21.4B KRW FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 29/100

Of which business quality 29 · Market factors (momentum, volatility) 25

Profitability 17
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 32
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 46
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 50
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

KOAS Co., Ltd. produces and sells office furniture in South Korea. The company offers office furniture, including desk, panel, cabinet, executive, and conference systems; classroom, preschool, lecture room, library, dormitory, training center, laboratory, healthcare, student, and amenity furniture; executive, office, multi-use, and public chairs; and desks …

Full company description

KOAS Co., Ltd. produces and sells office furniture in South Korea. The company offers office furniture, including desk, panel, cabinet, executive, and conference systems; classroom, preschool, lecture room, library, dormitory, training center, laboratory, healthcare, student, and amenity furniture; executive, office, multi-use, and public chairs; and desks and tables. It also exports its products. The company was formerly known as Koaswell, Co., Ltd. and changed its name to KOAS Co., Ltd. in 2011. KOAS Co., Ltd. was founded in 1984 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

KOAS Co. Ltd reported revenue of 62.2B KRW in FY2025 versus 111B KRW in FY2021, a compound −13.4%/yr. Reported net income was −31.3B KRW in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
62.2B KRW
Latest YoY
−20.2%
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.
−14.0%
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.
−8.7%
Avg. growth/yr (13Y) 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.
−1.6%
Revenue −13.4%/yr
FY21 111B KRW
FY22 97.9B KRW
FY23 73.7B KRW
FY24 78.0B KRW
FY25 62.2B KRW
Net income
FY21 −5.4B KRW
FY22 −1.9B KRW
FY23 −6.9B KRW
FY24 −8.9B KRW
FY25 −31.3B KRW

071950 screens 12% overvalued. Compare with Midea Group →

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Cite: Fair Value Calculator (2026). "KOAS Co. Ltd Fair Value". https://www.fairvalue-calculator.com/stock/071950

Peer Group

Furnishings, Fixtures & Appliances · 319 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 29 · Bottom 25%
Fair Value upside −12% · Below median
Return on assets -3% · Bottom 25%
Net margin (TTM) -48% · Bottom 25%
Operating margin (TTM) 9% · Above median
Revenue growth 5% · Above median
Dividend yield (TTM) 0.8% · Bottom 25%
Debt / equity 0.01× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE17 · sector 18
FUTURE25 · sector 0
PAST0 · sector 19
HEALTH100 · sector 98
DIVIDEND17 · sector 55

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 Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥84.34 ¥99.66 +18%
Gree Electric Appliances, Inc 000651 ¥40.23 ¥86.91 +116%
Haier Smart Home Co 600690 ¥21.79 ¥36.04 +65%
King Slide Works Co 2059 12,500 TWD 1,917 TWD -85%
Guangdong Songfa Ceramics Co 603268 ¥173.26 ¥38.83 -78%
Hisense Home Appliances Group 000921 ¥27.69 ¥50.62 +83%
Ecovacs Robotics Co 603486 ¥57.74 ¥54.14 -6%
Zhejiang Supor Co 002032 ¥41.68 ¥44.84 +8%
COWAY Co 021240 97,200 KRW 103,928 KRW +7%
Voltas Limited VOLTAS ₹1,290 ₹152.27 -88%

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Frequently asked questions

Is KOAS Co. Ltd (071950) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1,554 KRW versus a price of 1,769 KRW, about −12% (overvalued).
What is the fair value of 071950?
Our model-based fair value for KOAS Co. Ltd is 1,554 KRW (as of Aug 13, 2026), built from audited fundamentals. The current price: 1,769 KRW.
What is the quality score of 071950?
KOAS Co. Ltd has a Quality Score of 29/100. 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 KOAS Co. Ltd (071950)?
KOAS Co. Ltd reported trailing-twelve-month revenue of about 63.3B KRW (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 071950?
The net profit margin of KOAS Co. Ltd is about -47.8%, meaning it is currently running at a net loss. 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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